Q1 EPS Forecast for Waste Connections Lowered by Analyst

Waste Connections, Inc. (NYSE:WCN - Free Report) - Equities research analysts at Atb Cap Markets dropped their Q1 2025 earnings per share estimates for Waste Connections in a research report issued on Thursday, February 13th. Atb Cap Markets analyst C. Murray now anticipates that the business services provider will earn $1.08 per share for the quarter, down from their prior forecast of $1.09. The consensus estimate for Waste Connections' current full-year earnings is $5.30 per share. Atb Cap Markets also issued estimates for Waste Connections' Q2 2025 earnings at $1.37 EPS, Q2 2025 earnings at $1.37 EPS, Q3 2025 earnings at $1.56 EPS, Q3 2025 earnings at $1.56 EPS, FY2025 earnings at $5.36 EPS, FY2025 earnings at $5.36 EPS, Q1 2026 earnings at $1.25 EPS, Q1 2026 earnings at $1.25 EPS, Q2 2026 earnings at $1.53 EPS, Q3 2026 earnings at $1.74 EPS, Q3 2026 earnings at $1.74 EPS, Q4 2026 earnings at $1.51 EPS, Q4 2026 earnings at $1.51 EPS and FY2026 earnings at $6.03 EPS.

Several other research analysts have also recently issued reports on WCN. Royal Bank of Canada raised their target price on Waste Connections from $199.00 to $201.00 and gave the stock an "outperform" rating in a research report on Friday, October 25th. JPMorgan Chase & Co. cut their target price on shares of Waste Connections from $198.00 to $197.00 and set an "overweight" rating for the company in a research report on Friday, October 25th. Stifel Nicolaus increased their price target on shares of Waste Connections from $205.00 to $212.00 and gave the stock a "buy" rating in a research report on Wednesday, December 11th. Oppenheimer boosted their price objective on shares of Waste Connections from $192.00 to $195.00 and gave the company an "outperform" rating in a research report on Friday, December 13th. Finally, Jefferies Financial Group decreased their target price on Waste Connections from $225.00 to $210.00 and set a "buy" rating on the stock in a report on Thursday, January 30th. Five research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Waste Connections presently has an average rating of "Moderate Buy" and an average target price of $201.00.

Waste Connections Stock Performance

WCN traded up $0.08 during mid-day trading on Monday, reaching $187.73. 1,019,824 shares of the company traded hands, compared to its average volume of 989,263. The stock has a market capitalization of $48.45 billion, a P/E ratio of 78.55, a P/E/G ratio of 3.08 and a beta of 0.77. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.03. Waste Connections has a 52-week low of $160.34 and a 52-week high of $194.83. The company's fifty day moving average price is $179.51 and its 200-day moving average price is $181.87.

Waste Connections (NYSE:WCN - Get Free Report) last posted its earnings results on Wednesday, February 12th. The business services provider reported $1.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by ($0.04). Waste Connections had a net margin of 6.92% and a return on equity of 15.54%.

Institutional Trading of Waste Connections

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Parr Mcknight Wealth Management Group LLC purchased a new position in shares of Waste Connections during the fourth quarter valued at about $1,061,000. Vise Technologies Inc. boosted its stake in Waste Connections by 76.8% during the fourth quarter. Vise Technologies Inc. now owns 3,624 shares of the business services provider's stock valued at $622,000 after buying an additional 1,574 shares during the last quarter. Highview Capital Management LLC DE boosted its stake in Waste Connections by 5.3% during the fourth quarter. Highview Capital Management LLC DE now owns 6,814 shares of the business services provider's stock valued at $1,169,000 after buying an additional 344 shares during the last quarter. EDENTREE ASSET MANAGEMENT Ltd purchased a new position in Waste Connections during the 4th quarter valued at approximately $8,172,000. Finally, Continuum Advisory LLC increased its stake in Waste Connections by 36.3% in the 4th quarter. Continuum Advisory LLC now owns 308 shares of the business services provider's stock worth $53,000 after acquiring an additional 82 shares during the last quarter. 86.09% of the stock is currently owned by institutional investors.

Waste Connections Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 27th will be given a dividend of $0.315 per share. The ex-dividend date of this dividend is Thursday, February 27th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 0.67%. Waste Connections's dividend payout ratio is 52.72%.

About Waste Connections

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.