TFI International Inc. (NYSE:TFII – Get Free Report) announced a quarterly dividend on Monday, June 15th. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.47 per share on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, June 30th.
TFI International has increased its dividend by an average of 0.2%per year over the last three years. TFI International has a dividend payout ratio of 20.3% meaning its dividend is sufficiently covered by earnings. Analysts expect TFI International to earn $7.23 per share next year, which means the company should continue to be able to cover its $1.88 annual dividend with an expected future payout ratio of 26.0%.
TFI International Stock Down 2.9%
TFI International stock opened at $155.80 on Tuesday. The stock has a market cap of $12.81 billion, a P/E ratio of 43.40, a P/E/G ratio of 1.43 and a beta of 1.62. The company’s 50-day moving average price is $141.12 and its two-hundred day moving average price is $119.97. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 0.88. TFI International has a twelve month low of $80.63 and a twelve month high of $167.69.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of TFI International in a research report on Friday, March 27th. UBS Group raised their target price on shares of TFI International from $101.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, February 19th. Morgan Stanley increased their price objective on shares of TFI International from $160.00 to $175.00 and gave the company an “overweight” rating in a research report on Tuesday, April 28th. Stephens reduced their price target on shares of TFI International from $115.00 to $105.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 19th. Finally, Susquehanna raised their target price on shares of TFI International from $134.00 to $182.00 and gave the company a “positive” rating in a research report on Tuesday, June 2nd. Nine equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $152.21.
View Our Latest Stock Analysis on TFII
TFI International Company Profile
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.
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