FY2025 EPS Estimates for TSE:GFL Increased by Analyst

GFL Environmental Inc. (TSE:GFL - Free Report) - Research analysts at National Bank Financial raised their FY2025 earnings estimates for shares of GFL Environmental in a note issued to investors on Thursday, November 7th. National Bank Financial analyst R. Merer now anticipates that the company will earn $1.11 per share for the year, up from their prior estimate of $0.97. The consensus estimate for GFL Environmental's current full-year earnings is $1.69 per share.

GFL Environmental (TSE:GFL - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The company reported C$0.33 earnings per share for the quarter, topping analysts' consensus estimates of C$0.32 by C$0.01. The company had revenue of C$2.01 billion during the quarter, compared to analyst estimates of C$2.06 billion. GFL Environmental had a negative net margin of 8.83% and a negative return on equity of 9.83%.

Separately, Scotiabank upgraded shares of GFL Environmental to a "strong-buy" rating in a report on Friday, October 4th.

GFL Environmental Price Performance

Shares of TSE:GFL traded down C$0.89 during trading on Monday, reaching C$61.91. The company had a trading volume of 123,896 shares, compared to its average volume of 258,108. The company has a debt-to-equity ratio of 145.69, a quick ratio of 0.57 and a current ratio of 0.89. The firm's fifty day moving average is C$55.94 and its 200 day moving average is C$52.54. GFL Environmental has a twelve month low of C$36.56 and a twelve month high of C$64.60. The firm has a market capitalization of C$23.57 billion, a PE ratio of -30.63, a price-to-earnings-growth ratio of -0.76 and a beta of 1.03.

Insider Activity

In other GFL Environmental news, Director Patrick Joseph Dovigi sold 600,000 shares of the business's stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of C$53.39, for a total value of C$32,036,634.00. In related news, Director Patrick Joseph Dovigi sold 600,000 shares of the company's stock in a transaction on Friday, September 6th. The shares were sold at an average price of C$53.39, for a total transaction of C$32,036,634.00. Also, Senior Officer Mindy Beth Gilbert sold 7,733 shares of the company's stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of C$54.86, for a total transaction of C$424,232.38. Insiders have sold 687,224 shares of company stock worth $36,805,967 over the last 90 days. 2.96% of the stock is owned by company insiders.

GFL Environmental Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 31st were issued a dividend of $0.019 per share. The ex-dividend date was Wednesday, October 16th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.12%. GFL Environmental's dividend payout ratio is currently -3.90%.

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.