Republic Services (RSG) Stock Price, News & Analysis

Company Overview

Republic Services, Inc., together with its subsidiaries, offers environmental services in the United States and Canada. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions. Its residential collection services include curbside collection of material for transport to transfer stations, landfills, recycling centers, and organics processing facilities; supply of recycling and waste containers; and renting of compactors. The company also engages in the processing and sale of old corrugated containers, old newsprint, aluminum, glass, and other materials; and provision of landfill services. It serves small-container, large-container, and residential customers. The company was incorporated in 1996 and is based in Phoenix, Arizona.

Key Stats

• Today's Range: $202.82 to $205.60
• 50-Day Range: $198.00 to $218.80
• 52-Week Range: $161.19 to $220.58
• Volume: 2.37 million shs
• Average Volume: 1.12 million shs
• Market Capitalization: $63.80 billion
• P/E Ratio: 32.60
• Dividend Yield: 1.14%
• Price Target: $220.06
• Consensus Rating: Moderate Buy

Republic Services Stock Analysis - MarketRank™

Republic Services scored higher than 92% of companies evaluated by MarketBeat, and ranked 30th out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Republic Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.61, and is based on 11 buy ratings, 7 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Republic Services has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 9.28%

Earnings Growth

Earnings for Republic Services are expected to grow by 9.28% in the coming year, from $6.25 to $6.83 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Republic Services is 32.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Republic Services is 32.60, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 27.72.

Price to Earnings Growth Ratio

Republic Services has a PEG Ratio of 3.30. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Republic Services has a P/B Ratio of 6.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.05% of the float of Republic Services has been sold short.

Short Interest Ratio / Days to Cover

Republic Services has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Republic Services has recently decreased by 17.19%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Republic Services pays a meaningful dividend of 1.11%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Republic Services does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Republic Services is 37.12%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Republic Services will have a dividend payout ratio of 33.97% next year. This indicates that Republic Services will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.6 / 5
• Environmental Score: 0.10

Percentage of Shares Shorted

1.05% of the float of Republic Services has been sold short.

Short Interest Ratio / Days to Cover

Republic Services has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Republic Services has recently decreased by 17.19%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.21

News Sentiment

Republic Services has a news sentiment score of 1.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Republic Services this week, compared to 11 articles on an average week.

Search Interest

7 people have searched for RSG on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Republic Services to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Republic Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,465,198.00 in company stock.

Percentage Held by Insiders

Only 0.09% of the stock of Republic Services is held by insiders.

Percentage Held by Institutions

57.73% of the stock of Republic Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RSG Stock Analysis - Frequently Asked Questions

How have RSG shares performed this year?

Republic Services' stock was trading at $164.91 at the beginning of the year. Since then, RSG shares have increased by 23.5% and is now trading at $203.73.
View the best growth stocks for 2024 here.

How were Republic Services' earnings last quarter?

Republic Services, Inc. (NYSE:RSG) posted its quarterly earnings data on Tuesday, October, 29th. The business services provider reported $1.81 EPS for the quarter, beating the consensus estimate of $1.61 by $0.20. The company's revenue was up 6.5% on a year-over-year basis.
Read the conference call transcript.

How will Republic Services' stock buyback program work?

Republic Services' Board of Directors authorized a share buyback program on Thursday, October 26th 2023, which authorizes the company to buy back $3,000,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 6.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued.

Does Republic Services have any subsidiaries?

Republic Services subsidiaries include US Ecology, ACV Enviro, Santek Waste Services LLC, RE Community Holdings II Inc, City Carton Company, Tervita, Rainbow Disposal Co.Inc, and more.

Who are Republic Services' major shareholders?

Top institutional investors of Republic Services include State Street Corp (3.00%), Wellington Management Group LLP (1.92%), Geode Capital Management LLC (1.44%) and Allspring Global Investments Holdings LLC (0.80%). Insiders that own company stock include Ark Jon Vander, Timothy E Stuart, Tomago Collins, Amanda Hodges, Brian M Delghiaccio, Brian A Goebel, Jennifer M Kirk, Katharine Weymouth, Sandra M Volpe and Cascade Investment, LLC.
View institutional ownership trends.

How do I buy shares of Republic Services?

Shares of RSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Republic Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Republic Services investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Ex-Dividend for 10/15 Dividend: 10/02/2024
• Dividend Payable: 10/15/2024
• Last Earnings: 10/29/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024
• Ex-Dividend for 1/15 Dividend: 1/02/2025
• Dividend Payable: 1/15/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Refuse systems
• Sub-Industry: Environmental & Facilities Services
• Current Symbol: NYSE:RSG
• CUSIP: 76075910
• CIK: 1060391
• Web: www.republicservices.com
• Phone: (480) 627-2700
• Fax: 480-627-7150
• Employees: 41,000
• Year Founded: 1998

Price Target and Rating

• Average Stock Price Target: $220.06
• High Stock Price Target: $244.00
• Low Stock Price Target: $188.00
• Potential Upside/Downside: +8.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.61
• Research Coverage: 18 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $6.25
• Trailing P/E Ratio: 32.60
• Forward P/E Ratio: 32.60
• P/E Growth: 3.3
• Net Income: $1.73 billion
• Net Margins: 12.46%
• Pretax Margin: 15.06%
• Return on Equity: 18.18%
• Return on Assets: 6.26%

Debt

• Debt-to-Equity Ratio: 1.07
• Current Ratio: 0.64
• Quick Ratio: 0.64

Sales & Book Value

• Annual Sales: $15.82 billion
• Price / Sales: 4.03
• Cash Flow: $10.46 per share
• Price / Cash Flow: 19.48
• Book Value: $33.51 per share
• Price / Book: 6.08

Miscellaneous

• Outstanding Shares: 313,152,000
• Free Float: 312,870,000
• Market Cap: $63.80 billion
• Optionable: Optionable
• Beta: 0.71