Why Is TFI INTL INC (TFII) Stock Down Today?

TFI International (TFII) shares fell 17.08% to close at $93.32. The primary driver was a quarterly earnings report where adjusted earnings per share missed analyst expectations, coupled with a lower fourth-quarter guidance range that signaled continued pressure in the U.S. less-than-truckload segment.

What Happened

TFI International reported third-quarter adjusted earnings of $1.67 per share, which fell short of the $1.76 estimate. While revenue of $2.232 billion beat the $2.210 billion consensus, the company issued fourth-quarter adjusted earnings guidance of $1.30 to $1.40 per share. This range came in below the $1.67 estimate, reflecting ongoing struggles with density and spot market pressures in the U.S. LTL business, even as the truckload segment showed growth.

Following the release, Stifel maintained its Hold rating but lowered its price target to $132. Citigroup also maintained its Buy rating while reducing its price target to $157. The company previously adjusted the timing of its third-quarter webcast, which discussed these financial results.

What The Data Shows

The stock opened at $111.63, a 0.8% gap down from the prior close of $112.54. The session high was $111.63 at 7:30 AM ET, while the session low hit $92.84 at 3:55 PM ET. Trading volume reached 0.9 million shares, which is 2.8 times the three-month daily average. The stock printed 36 fresh 52-week lows on October 30, 2026.

Fundamentals show a market capitalization of $9.2 billion and a P/E ratio of 27.7. Revenue is down 1.7% on a trailing twelve-month basis, with a net margin of 4.1%. The stock has a beta of 1.47 and a dividend yield of 1.68%. The 52-week range spans from $80.63 to $167.69. A dividend of $0.47 per share was paid with an ex-date of September 30, 2026.

What To Watch

Investors will monitor how the company addresses the divergence between the strong truckload performance and the weaker U.S. LTL results. The lowered fourth-quarter guidance suggests continued margin pressure, and the stock’s position near its 52-week low may draw further attention to its valuation relative to peers.