GFL Environmental Inc. (NYSE:GFL - Free Report) - Investment analysts at Scotiabank reduced their FY2026 EPS estimates for shares of GFL Environmental in a note issued to investors on Wednesday, March 19th. Scotiabank analyst K. Gupta now anticipates that the company will earn $1.46 per share for the year, down from their prior estimate of $1.55. Scotiabank has a "Sector Outperform" rating and a $52.00 price target on the stock. The consensus estimate for GFL Environmental's current full-year earnings is $0.58 per share.
GFL Environmental (NYSE:GFL - Get Free Report) last announced its quarterly earnings results on Monday, February 24th. The company reported $0.16 EPS for the quarter, beating analysts' consensus estimates of $0.13 by $0.03. GFL Environmental had a negative net margin of 7.54% and a positive return on equity of 3.50%. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.98 billion.
A number of other brokerages have also issued reports on GFL. Stifel Nicolaus upgraded shares of GFL Environmental from a "hold" rating to a "buy" rating in a research report on Tuesday, February 25th. National Bankshares restated an "outperform" rating on shares of GFL Environmental in a research report on Tuesday, March 11th. Citigroup initiated coverage on shares of GFL Environmental in a research report on Monday, January 27th. They set a "buy" rating and a $53.00 target price on the stock. Finally, Royal Bank of Canada restated an "outperform" rating and set a $53.00 target price on shares of GFL Environmental in a research report on Monday, February 24th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $49.63.
Check Out Our Latest Report on GFL Environmental
Shares of NYSE:GFL opened at $47.87 on Monday. The company's 50 day moving average price is $45.06 and its two-hundred day moving average price is $43.68. GFL Environmental has a 12-month low of $30.57 and a 12-month high of $48.87. The firm has a market cap of $18.83 billion, a PE ratio of -35.99 and a beta of 1.16. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.27.
The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Monday, January 13th were paid a dividend of $0.014 per share. This represents a $0.06 annualized dividend and a dividend yield of 0.12%. The ex-dividend date of this dividend was Monday, January 13th. GFL Environmental's payout ratio is currently -3.23%.
Hedge funds have recently bought and sold shares of the company. Continuum Advisory LLC raised its position in shares of GFL Environmental by 60.6% in the third quarter. Continuum Advisory LLC now owns 673 shares of the company's stock valued at $29,000 after purchasing an additional 254 shares during the period. Erste Asset Management GmbH grew its stake in GFL Environmental by 2.0% during the fourth quarter. Erste Asset Management GmbH now owns 13,371 shares of the company's stock valued at $597,000 after acquiring an additional 261 shares in the last quarter. Metis Global Partners LLC grew its stake in GFL Environmental by 5.4% during the fourth quarter. Metis Global Partners LLC now owns 5,790 shares of the company's stock valued at $258,000 after acquiring an additional 298 shares in the last quarter. Blue Trust Inc. grew its stake in GFL Environmental by 124.9% during the fourth quarter. Blue Trust Inc. now owns 551 shares of the company's stock valued at $25,000 after acquiring an additional 306 shares in the last quarter. Finally, US Bancorp DE grew its stake in GFL Environmental by 12.5% during the fourth quarter. US Bancorp DE now owns 2,890 shares of the company's stock valued at $129,000 after acquiring an additional 321 shares in the last quarter. Institutional investors own 64.70% of the company's stock.
GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider GFL Environmental, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GFL Environmental wasn't on the list.
While GFL Environmental currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.