Scotiabank Lowers Earnings Estimates for TFI International

TFI International Inc. (NYSE:TFII) – Analysts at Scotiabank reduced their FY2025 earnings per share (EPS) estimates for shares of TFI International in a report released on Friday, January 23rd. Scotiabank analyst K. Gupta now anticipates that the company will post earnings per share of $4.16 for the year, down from their previous forecast of $4.17. Scotiabank currently has a “Sector Perform” rating on the stock. The consensus estimate for TFI International’s current full-year earnings is $7.76 per share. Scotiabank also issued estimates for TFI International’s FY2026 earnings at $4.76 EPS.

TFI International (NYSE:TFII) last announced its earnings results on Thursday, October 30th. The company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.01. TFI International had a net margin of 4.06% and a return on equity of 14.20%. The business had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $1.49 billion.

Several other research analysts have also issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of TFI International from $106.00 to $141.00 and gave the stock an “overweight” rating in a research report on Monday, January 12th. Stephens set a $115.00 price target on TFI International in a research note on Tuesday, January 6th. Bank of America increased their price objective on TFI International from $90.00 to $93.00 and gave the company an “underperform” rating in a research report on Friday. Zacks Research raised TFI International from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 14th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of TFI International in a research note on Monday, December 29th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, TFI International presently has a consensus rating of “Moderate Buy” and an average target price of $120.80.

TFI International Price Performance

Shares of NYSE:TFII opened at $109.34 on Monday. The company’s fifty day moving average price is $101.16 and its 200-day moving average price is $94.46. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.06 and a quick ratio of 1.05. The firm has a market capitalization of $8.98 billion, a price-to-earnings ratio of 28.18, a PEG ratio of 5.12 and a beta of 1.49. TFI International has a one year low of $72.02 and a one year high of $140.35.

TFI International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a $0.47 dividend. The ex-dividend date was Wednesday, December 31st. This is an increase from TFI International’s previous quarterly dividend of $0.45. This represents a $1.88 annualized dividend and a yield of 1.7%. TFI International’s dividend payout ratio is presently 48.45%.

Institutional Investors Weigh In On TFI International

Large investors have recently added to or reduced their stakes in the company. Baillie Gifford & Co. raised its stake in shares of TFI International by 1.0% during the fourth quarter. Baillie Gifford & Co. now owns 1,029,871 shares of the company’s stock valued at $106,590,000 after acquiring an additional 10,693 shares during the last quarter. Dixon Mitchell Investment Counsel Inc. increased its holdings in TFI International by 11.5% during the 3rd quarter. Dixon Mitchell Investment Counsel Inc. now owns 912,039 shares of the company’s stock valued at $80,718,000 after purchasing an additional 93,705 shares during the period. Geode Capital Management LLC raised its position in TFI International by 19.1% during the 2nd quarter. Geode Capital Management LLC now owns 632,426 shares of the company’s stock valued at $57,214,000 after purchasing an additional 101,218 shares during the last quarter. QV Investors Inc. lifted its holdings in TFI International by 25.1% in the 3rd quarter. QV Investors Inc. now owns 441,478 shares of the company’s stock worth $38,862,000 after buying an additional 88,697 shares during the period. Finally, Baskin Financial Services Inc. grew its position in shares of TFI International by 1.7% in the 3rd quarter. Baskin Financial Services Inc. now owns 427,359 shares of the company’s stock worth $37,582,000 after buying an additional 7,207 shares during the last quarter. Institutional investors own 73.30% of the company’s stock.

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.