Atb Cap Markets Issues Pessimistic Forecast 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 Tuesday, February 25th. Atb Cap Markets analyst C. Murray now anticipates that the company will earn $0.12 per share for the quarter, down from their prior estimate of $0.17. 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 $0.24 EPS, FY2025 earnings at $1.00 EPS, Q1 2026 earnings at $0.18 EPS, Q2 2026 earnings at $0.39 EPS, Q3 2026 earnings at $0.39 EPS, Q4 2026 earnings at $0.32 EPS and FY2026 earnings at $1.27 EPS.

GFL Environmental (NYSE:GFL - Get Free Report) last issued its quarterly earnings results on Monday, February 24th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.03. The company had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.98 billion. GFL Environmental had a positive return on equity of 3.50% and a negative net margin of 7.54%.

A number of other brokerages have also recently commented on GFL. Royal Bank of Canada reissued an "outperform" rating and set a $53.00 target price on shares of GFL Environmental in a report on Monday, February 24th. Citigroup started coverage on GFL Environmental in a report on Monday, January 27th. They set a "buy" rating and a $53.00 target price for the company. UBS Group increased their target price on GFL Environmental from $47.00 to $50.00 and gave the company a "buy" rating in a report on Thursday, November 7th. Truist Financial increased their target price on GFL Environmental from $46.00 to $54.00 and gave the company a "buy" rating in a report on Friday, November 8th. Finally, Raymond James increased their target price on GFL Environmental from $47.00 to $50.00 and gave the company an "outperform" rating in a report on Friday, November 8th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $49.56.

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GFL Environmental Price Performance

GFL stock traded up $2.15 during mid-day trading on Thursday, reaching $45.19. 2,191,653 shares of the company's stock were exchanged, compared to its average volume of 1,799,091. The company has a market cap of $17.78 billion, a price-to-earnings ratio of -33.98 and a beta of 1.17. The stock's 50 day moving average is $44.38 and its 200 day moving average is $43.18. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.58 and a quick ratio of 0.58. GFL Environmental has a 12-month low of $30.57 and a 12-month high of $48.87.

GFL Environmental Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Monday, January 13th were issued a $0.014 dividend. The ex-dividend date was Monday, January 13th. This represents a $0.06 annualized dividend and a dividend yield of 0.12%. GFL Environmental's dividend payout ratio is presently -3.23%.

Institutional Investors Weigh In On GFL Environmental

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. FMR LLC increased its holdings in shares of 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 purchasing an additional 2,506,021 shares during the last quarter. Capital Research Global Investors increased its stake in GFL Environmental by 11.4% during the fourth quarter. Capital Research Global Investors now owns 26,973,784 shares of the company's stock worth $1,201,406,000 after acquiring an additional 2,751,618 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in GFL Environmental by 2.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 11,817,626 shares of the company's stock worth $471,287,000 after acquiring an additional 257,486 shares during the last quarter. Fred Alger Management LLC increased its stake 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 acquiring an additional 190,018 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in GFL Environmental by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 8,697,180 shares of the company's stock worth $387,705,000 after acquiring an additional 217,096 shares during the last quarter. Institutional investors and hedge funds own 64.70% of the company's stock.

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.