Atb Cap Markets Issues Negative Outlook for GFL Earnings

GFL Environmental Inc. (NYSE:GFL - Free Report) - Investment analysts at Atb Cap Markets lowered their Q1 2025 earnings per share (EPS) estimates for GFL Environmental in a research report issued to clients and investors on Monday, April 14th. Atb Cap Markets analyst C. Murray now anticipates that the company will earn ($0.06) per share for the quarter, down from their prior estimate of $0.12. The consensus estimate for GFL Environmental's current full-year earnings is $0.58 per share. Atb Cap Markets also issued estimates for GFL Environmental's Q4 2025 earnings at $0.29 EPS, Q1 2026 earnings at $0.20 EPS, Q3 2026 earnings at $0.43 EPS, Q4 2026 earnings at $0.36 EPS and FY2026 earnings at $1.37 EPS.

GFL Environmental (NYSE:GFL - Get Free Report) last posted its quarterly earnings data on Monday, February 24th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $1.98 billion.

GFL has been the subject of a number of other reports. Truist Financial increased their target price on shares of GFL Environmental from $54.00 to $58.00 and gave the company a "buy" rating in a research report on Wednesday, April 2nd. Scotiabank boosted their target price on GFL Environmental from $52.00 to $54.00 and gave the stock an "outperform" rating in a report on Tuesday, April 8th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $53.00 price target on shares of GFL Environmental in a report on Monday, February 24th. UBS Group raised their target price on GFL Environmental from $50.00 to $57.00 and gave the stock a "buy" rating in a research note on Friday, April 4th. Finally, Raymond James set a $56.00 target price on shares of GFL Environmental and gave the company an "outperform" rating in a report on Wednesday, April 16th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $52.00.

GFL Environmental Price Performance

Shares of NYSE GFL traded up $0.72 during midday trading on Thursday, hitting $47.77. The stock had a trading volume of 583,055 shares, compared to its average volume of 2,031,711. The stock has a 50 day simple moving average of $46.78 and a 200-day simple moving average of $44.87. GFL Environmental has a 1 year low of $30.57 and a 1 year high of $49.45. 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 company has a market capitalization of $18.79 billion, a PE ratio of -35.91 and a beta of 1.09.

GFL Environmental Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, April 14th will be issued a dividend of $0.0154 per share. This is an increase from GFL Environmental's previous quarterly dividend of $0.01. This represents a $0.06 annualized dividend and a yield of 0.13%. GFL Environmental's dividend payout ratio is -3.87%.

Institutional Trading of GFL Environmental

A number of institutional investors have recently bought and sold shares of GFL. FMR LLC boosted its stake in GFL Environmental by 10.0% in the fourth quarter. FMR LLC now owns 27,664,678 shares of the company's stock valued at $1,233,223,000 after acquiring an additional 2,506,021 shares in the last quarter. Capital Research Global Investors increased its holdings in shares of GFL Environmental by 11.4% in the 4th quarter. Capital Research Global Investors now owns 26,973,784 shares of the company's stock valued at $1,201,406,000 after purchasing an additional 2,751,618 shares in the last quarter. Fred Alger Management LLC grew its position in GFL Environmental by 1.9% during the fourth quarter. Fred Alger Management LLC now owns 10,411,148 shares of the company's stock worth $463,713,000 after buying an additional 190,018 shares during the period. Vanguard Group Inc. lifted its position in shares of GFL Environmental by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 8,697,180 shares of the company's stock valued at $387,705,000 after acquiring an additional 217,096 shares during the period. Finally, Soros Fund Management LLC boosted its stake in shares of GFL Environmental by 1.5% during the 4th quarter. Soros Fund Management LLC now owns 3,203,904 shares of the company's stock worth $142,702,000 after acquiring an additional 47,577 shares in the last quarter. 64.70% of the stock is owned by hedge funds and other institutional investors.

About GFL Environmental

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.