TFI International (NYSE:TFII) Updates Q3 2026 Earnings Guidance

TFI International (NYSE:TFII) updated its third quarter 2026 earnings guidance on Monday morning. The company provided EPS guidance of 1.700-1.800 for the period, compared to the consensus estimate of 1.600. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on TFII. Weiss Ratings reiterated a “hold (c)” rating on shares of TFI International in a research note on Wednesday, June 24th. Royal Bank Of Canada lifted their price objective on TFI International from $158.00 to $171.00 and gave the stock an “outperform” rating in a research note on Tuesday. Scotia raised their target price on TFI International from $260.00 to $263.00 and gave the company a “sector outperform” rating in a report on Tuesday. Stephens reaffirmed an “overweight” rating and issued a $205.00 price target on shares of TFI International in a research report on Wednesday. Finally, TD upped their price target on TFI International from $153.00 to $154.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $175.76.

TFI International Stock Up 1.6%

Shares of TFII opened at $148.14 on Wednesday. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 0.88. The company has a 50-day moving average price of $150.07 and a two-hundred day moving average price of $129.98. The stock has a market cap of $12.18 billion, a price-to-earnings ratio of 36.40, a P/E/G ratio of 1.25 and a beta of 1.64. TFI International has a 12 month low of $80.63 and a 12 month high of $167.69.

TFI International (NYSE:TFII) last released its quarterly earnings data on Monday, July 27th. The company reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.26. TFI International had a return on equity of 14.98% and a net margin of 4.14%.The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.23 billion. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. Equities analysts predict that TFI International will post 5.56 EPS for the current fiscal year.

TFI International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a dividend of $0.47 per share. The ex-dividend date is Wednesday, September 30th. This represents a $1.88 annualized dividend and a yield of 1.3%. TFI International’s dividend payout ratio is 52.37%.

Key Headlines Impacting TFI International

Here are the key news stories impacting TFI International this week:

• Positive Sentiment: Q2 earnings and revenue exceeded estimates. TFI reported adjusted earnings of $1.85 per share, up from $1.34 a year earlier and above the $1.59 consensus estimate. Revenue reached $2.29 billion versus expectations of $2.23 billion, while reported net income rose to approximately $136.2 million from $98.2 million. TFI International Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Third-quarter guidance was above expectations. Management forecast Q3 2026 EPS of $1.70 to $1.80, compared with the analyst consensus of $1.60, suggesting continued earnings momentum. TFI International Announces 2026 Second Quarter Results
• Positive Sentiment: Analysts generally raised their targets. JPMorgan lifted its target to $175 and assigned an overweight rating; RBC raised its target to $171 with an outperform rating; National Bank Financial increased its target to $161; and Stifel raised its target to $160. Scotia also raised its target substantially to $263 and maintained a sector-outperform rating.
• Positive Sentiment: TFII declared a quarterly dividend of $0.47 per share. The payment is scheduled for October 15 for shareholders of record on September 30, implying an annualized payout of $1.88 and a yield of approximately 1.3%.
• Neutral Sentiment: Citigroup lowered its price target modestly to $180 from $182 but retained a buy rating, still indicating meaningful potential upside.
• Negative Sentiment: The initial earnings commentary indicated that truckload operations performed better than less-than-truckload operations, which could temper enthusiasm about the quarter’s overall quality. A valuation analysis also estimated fair value at $131.72, below the recent share price of $145.87.

Institutional Trading of TFI International

Several hedge funds have recently modified their holdings of TFII. Flow Traders U.S. LLC bought a new position in TFI International in the 3rd quarter worth approximately $207,000. United Services Automobile Association acquired a new stake in TFI International in the first quarter worth about $217,000. Marshall Wace LLP bought a new stake in TFI International during the 2nd quarter worth about $294,000. New York State Common Retirement Fund acquired a new position in TFI International during the 4th quarter valued at about $782,000. Finally, Twin Tree Management LP boosted its stake in shares of TFI International by 6.5% in the 3rd quarter. Twin Tree Management LP now owns 16,527 shares of the company’s stock valued at $1,455,000 after purchasing an additional 1,013 shares during the last quarter. 73.30% of the stock is owned by institutional investors.

About TFI International

TFI International Inc (NYSE: TFII) is a leading North American transport and logistics company headquartered in Montreal, Quebec. The company operates through a network of subsidiaries that provide truckload, less-than-truckload (LTL), specialized freight, package and courier, and logistics services. By integrating these operations, TFI delivers comprehensive end-to-end solutions, including long-haul and regional transportation, expedited delivery, warehousing, and cross-border freight movement.

Originally founded in 1957 as a regional trucking outfit in Cabano, Quebec, TFI International has expanded significantly through a disciplined acquisition strategy.