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

Key Points

• TFI International declared a quarterly dividend of C$0.47 per share, with an ex-dividend date of March 31 and a record/payment date of April 15, implying an annualized yield of about 1.3%.
• The stock trades around C$146.28 with a 52-week range of C$102.57–C$172.53 and a market cap of roughly C$12.02 billion; last quarter the company reported C$1.50 EPS on C$2.51 billion in revenue, with an ROE of 11.65% and a net margin of 3.92%.
• Analyst sentiment is modestly positive—MarketBeat shows a consensus rating of “Moderate Buy” with an average price target of C$159, and several firms (Desjardins, Scotiabank, National Bank) recently raised their targets.

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

TFI International Stock Up 0.6%

Shares of TSE:TFII opened at C$146.28 on Tuesday. TFI International has a 52-week low of C$102.57 and a 52-week high of C$172.53. The stock has a market cap of C$12.02 billion, a P/E ratio of 39.32, a PEG ratio of 1.01 and a beta of 1.45. The business has a fifty day moving average of C$153.67 and a two-hundred day moving average of C$140.05. 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 (TSE:TFII - Get Free Report) last posted its quarterly earnings results on Tuesday, February 17th. The company reported C$1.50 EPS for the quarter. The business had revenue of C$2.51 billion for the quarter. TFI International had a return on equity of 11.65% and a net margin of 3.92%. On average, research analysts expect that TFI International will post 12.2345048 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on TFII shares. Scotiabank boosted their target price on shares of TFI International from C$140.00 to C$170.00 and gave the company a "sector perform" rating in a report on Wednesday, January 21st. Desjardins lifted their price target on shares of TFI International from C$173.00 to C$183.00 and gave the company a "buy" rating in a research report on Thursday, February 19th. National Bank Financial lifted their price target on shares of TFI International from C$145.00 to C$170.00 and gave the company an "outperform" rating in a research report on Friday, January 9th. Finally, Stifel Nicolaus increased their price objective on TFI International from C$100.00 to C$113.00 in a research report on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average 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.

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