TFI International Inc. (TSE:TFII) Plans $0.47 Quarterly Dividend

TFI International Inc. (TSE:TFII) announced a quarterly dividend on Tuesday, March 31st, TickerTech Dividends reports. Investors of record on Wednesday, April 15th will be given a dividend of 0.47 per share on Wednesday, April 15th. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, March 31st.

TFI International Stock Up 0.6%

Shares of TSE TFII opened at C$146.28 on Tuesday. The firm has a market cap of C$12.02 billion, a price-to-earnings ratio of 39.32, a PEG ratio of 1.01 and a beta of 1.45. The company has a quick ratio of 1.18, a current ratio of 1.03 and a debt-to-equity ratio of 138.05. TFI International has a 52-week low of C$102.57 and a 52-week high of C$172.53. The business’s 50 day moving average is C$153.67 and its two-hundred day moving average is C$140.05.

TFI International (TSE:TFII) last released its quarterly earnings results on Tuesday, February 17th. The company reported C$1.50 EPS for the quarter. TFI International had a return on equity of 11.65% and a net margin of 3.92%.The business had revenue of C$2.51 billion during the quarter. Research analysts predict that TFI International will post 12.2345048 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. National Bank Financial increased their price target on shares of TFI International from C$145.00 to C$170.00 and gave the stock an “outperform” rating in a research report on Friday, January 9th. Stifel Nicolaus lifted their price objective on shares of TFI International from C$100.00 to C$113.00 in a report on Wednesday, January 21st. Desjardins upped their target price on shares of TFI International from C$173.00 to C$183.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Finally, Scotiabank increased their target price on shares of TFI International from C$140.00 to C$170.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, TFI International currently has a consensus rating of “Moderate Buy” and a consensus price target of C$159.00.

TFI International Company Profile

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment.