TSE:TIH - Toromont Industries Stock Price, Forecast & News

Toromont Industries trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TIH."

Toromont Industries declared a quarterly dividend on Monday, November 4th. Stockholders of record on Monday, December 9th will be given a dividend of 0.27 per share on Friday, January 3rd. This represents a $1.08 annualized dividend and a dividend yield of 1.60%. The ex-dividend date of this dividend is Friday, December 6th. View Toromont Industries' Dividend History.

Toromont Industries Ltd (TSE:TIH) released its quarterly earnings data on Monday, November, 4th. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.95 by $0.02. The firm earned $975.22 million during the quarter, compared to analysts' expectations of $959.40 million. View Toromont Industries' Earnings History.

Toromont Industries is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Toromont Industries.

8 analysts have issued 12-month price targets for Toromont Industries' shares. Their forecasts range from C$64.00 to C$79.00. On average, they anticipate Toromont Industries' stock price to reach C$72.00 in the next year. This suggests a possible upside of 6.4% from the stock's current price. View Analyst Price Targets for Toromont Industries.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Toromont Industries in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Toromont Industries.

Media stories about TIH stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Toromont Industries earned a news sentiment score of -1.8 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Toromont Industries.

Some companies that are related to Toromont Industries include Ferguson (FERG), Reece (REH), SIG (SHI), Hardwoods Distribution (HDI), Wajax (WJX), Austin Engineering (ANG), Rocky Mountain Dealerships (RME), Coventry Group (CYG), Flowtech Fluidpower (FLO), Boom Logistics (BOL), T.F & J.H. Braime (BMT), Saferoads (SRH), BRA& JHHL/PAR VTG FPD 0.25 (BMTO), FTI Foodtech International (FTI) and Augusta Industries (AAO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Toromont Industries investors own include Suncor Energy (SU), Dollarama (DOL), First Quantum Minerals (FM), Toronto-Dominion Bank (TD), AT&T (T), Visa (V), Enerflex (EFX), Interfor (IFP), National Bank of Canada (NA) and RioCan Real Estate Investment Trust (REI.UN).

Shares of TIH and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

One share of TIH stock can currently be purchased for approximately C$67.67.

Toromont Industries has a market capitalization of C$5.53 billion and generates C$3.62 billion in revenue each year. Toromont Industries employs 6,000 workers across the globe.View Additional Information About Toromont Industries.

The official website for Toromont Industries is http://www.toromont.com/.

Toromont Industries' mailing address is 3131 Highway 7 West, Stn Main PO Box 5511, CONCORD, ON L4K 5B7, Canada. The company can be reached via phone at +1-416-6675511.