TFI International Inc. (TFII) To Go Ex-Dividend on September 29th

TFI International Inc. (TSE:TFII) declared a quarterly dividend on Tuesday, September 29th. Investors of record on Thursday, October 15th will be given a dividend of $0.47 per share on Thursday, October 15th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 29th.

TFI International Price Performance

Shares of TFI International stock traded down C$0.96 during trading on Friday, reaching C$171.28. The company’s stock had a trading volume of 314,308 shares, compared to its average volume of 238,557. The stock has a 50-day moving average price of C$191.09 and a two-hundred day moving average price of C$188.82. The stock has a market capitalization of C$14.08 billion, a P/E ratio of 42.08, a price-to-earnings-growth ratio of 1.01 and a beta of 1.85. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 111.46. TFI International has a one year low of C$113.72 and a one year high of C$233.85.

TFI International (TSE:TFII) last issued its quarterly earnings data on Monday, July 27th. The company reported C$2.63 EPS for the quarter. TFI International had a net margin of 4.11% and a return on equity of 12.39%. The firm had revenue of C$3.25 billion for the quarter. As a group, sell-side analysts anticipate that TFI International will post 12.2345048 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently commented on TFII. National Bank Financial decreased their price target on shares of TFI International from C$208.00 to C$160.00 and set an “outperform” rating on the stock in a research note on Friday, July 10th. Scotiabank raised TFI International from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the stock from C$200.00 to C$260.00 in a report on Thursday, July 16th. Finally, Desjardins increased their price objective on TFI International from C$221.00 to C$245.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, TFI International presently has an average rating of “Buy” and a consensus price target of C$184.40.

About TFI International

TFI International Inc is a North American leader in the transportation and logistics industry, operating across the United States,Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments: Less-Than-Truckload; Truckload; Logistics.