FY2026 EPS Forecast for GFL Environmental Reduced by Analyst

GFL Environmental Inc. (NYSE:GFL - Free Report) - Equities research analysts at Scotiabank reduced their FY2026 earnings per share estimates for GFL Environmental in a report issued on Wednesday, March 19th. Scotiabank analyst K. Gupta now expects that the company will post earnings per share of $1.46 for the year, down from their previous estimate of $1.55. Scotiabank currently has a "Sector Outperform" rating and a $52.00 target price 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 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 business 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. National Bankshares reaffirmed an "outperform" rating on shares of GFL Environmental in a research note on Tuesday, March 11th. Citigroup started coverage on shares of GFL Environmental in a research report on Monday, January 27th. They issued a "buy" rating and a $53.00 price objective for the company. Stifel Nicolaus upgraded GFL Environmental from a "hold" rating to a "buy" rating in a research report on Tuesday, February 25th. Finally, 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. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $49.63.

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GFL Environmental Stock Performance

Shares of GFL Environmental stock traded up $0.45 during trading on Monday, hitting $48.80. 2,680,897 shares of the company's stock were exchanged, compared to its average volume of 1,352,074. The stock has a market capitalization of $19.20 billion, a price-to-earnings ratio of -36.69 and a beta of 1.16. The business has a 50-day simple moving average of $45.35 and a 200-day simple moving average of $43.82. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.58 and a current ratio of 0.58. GFL Environmental has a 52-week low of $30.57 and a 52-week high of $49.35.

Hedge Funds Weigh In On GFL Environmental

Institutional investors and hedge funds have recently modified their holdings of the company. Continuum Advisory LLC boosted its position in shares of GFL Environmental by 60.6% during the 3rd quarter. Continuum Advisory LLC now owns 673 shares of the company's stock worth $29,000 after acquiring an additional 254 shares in the last quarter. Erste Asset Management GmbH increased its stake in GFL Environmental by 2.0% in the fourth quarter. Erste Asset Management GmbH now owns 13,371 shares of the company's stock valued at $597,000 after purchasing an additional 261 shares during the last quarter. Metis Global Partners LLC raised its holdings in GFL Environmental by 5.4% during the fourth quarter. Metis Global Partners LLC now owns 5,790 shares of the company's stock worth $258,000 after purchasing an additional 298 shares in the last quarter. Blue Trust Inc. lifted its position in shares of GFL Environmental by 124.9% during the 4th quarter. Blue Trust Inc. now owns 551 shares of the company's stock worth $25,000 after buying an additional 306 shares during the last quarter. Finally, US Bancorp DE boosted its holdings in shares of GFL Environmental by 12.5% in the 4th quarter. US Bancorp DE now owns 2,890 shares of the company's stock valued at $129,000 after buying an additional 321 shares in the last quarter. Institutional investors and hedge funds own 64.70% of the company's stock.

GFL Environmental Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Monday, January 13th were given a $0.014 dividend. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.11%. The ex-dividend date of this dividend was Monday, January 13th. GFL Environmental's dividend payout ratio is presently -3.23%.

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.