Republic Services (NYSE:RSG - Get Free Report) is anticipated to post its quarterly earnings results after the market closes on Thursday, April 24th. Analysts expect Republic Services to post earnings of $1.55 per share and revenue of $4.08 billion for the quarter. Republic Services has set its FY 2025 guidance at 6.820-6.900 EPS.Investors that wish to listen to the company's conference call can do so using this link.
Republic Services (NYSE:RSG - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The business services provider reported $1.58 EPS for the quarter, topping analysts' consensus estimates of $1.37 by $0.21. The company had revenue of $4.05 billion during the quarter, compared to the consensus estimate of $4.08 billion. Republic Services had a return on equity of 18.28% and a net margin of 12.74%. During the same quarter last year, the company earned $1.41 EPS. On average, analysts expect Republic Services to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.
Republic Services Stock Performance
Shares of RSG traded down $0.51 on Friday, reaching $243.11. 837,780 shares of the stock traded hands, compared to its average volume of 1,112,725. The firm has a market cap of $75.92 billion, a price-to-earnings ratio of 37.46, a P/E/G ratio of 3.64 and a beta of 0.62. Republic Services has a 12 month low of $180.92 and a 12 month high of $249.73. The stock's 50-day moving average price is $235.49 and its 200-day moving average price is $218.06. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.58 and a quick ratio of 0.64.
Republic Services Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Wednesday, April 2nd were paid a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date of this dividend was Wednesday, April 2nd. Republic Services's dividend payout ratio is 35.75%.
Analyst Ratings Changes
Several research analysts recently issued reports on RSG shares. William Blair reissued an "outperform" rating on shares of Republic Services in a research report on Friday, February 14th. Scotiabank raised their target price on Republic Services from $233.00 to $250.00 and gave the stock a "sector perform" rating in a research report on Tuesday, April 8th. Royal Bank of Canada upgraded Republic Services from a "sector perform" rating to an "outperform" rating and upped their price target for the company from $219.00 to $237.00 in a research report on Monday, January 6th. Argus set a $260.00 price objective on Republic Services in a report on Tuesday, February 18th. Finally, Truist Financial restated a "buy" rating and issued a $250.00 target price (up previously from $244.00) on shares of Republic Services in a research note on Friday, February 14th. Five analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $239.13.
Get Our Latest Stock Report on Republic Services
Insider Activity at Republic Services
In other news, COO Gregg Brummer sold 6,293 shares of Republic Services stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $228.20, for a total transaction of $1,436,062.60. Following the transaction, the chief operating officer now directly owns 10,416 shares of the company's stock, valued at $2,376,931.20. This trade represents a 37.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.09% of the company's stock.
Institutional Investors Weigh In On Republic Services
An institutional investor recently raised its position in Republic Services stock. Brighton Jones LLC raised its stake in Republic Services, Inc. (NYSE:RSG - Free Report) by 75.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,822 shares of the business services provider's stock after buying an additional 8,547 shares during the quarter. Brighton Jones LLC's holdings in Republic Services were worth $3,988,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 57.73% of the company's stock.
Republic Services Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Republic Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Republic Services wasn't on the list.
While Republic Services currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
