FY2024 EPS Estimates for TSE:WCN Increased by Analyst

Waste Connections, Inc. (TSE:WCN - Free Report) - Stock analysts at Atb Cap Markets raised their FY2024 earnings estimates for shares of Waste Connections in a report issued on Thursday, October 24th. Atb Cap Markets analyst C. Murray now anticipates that the company will post earnings of $6.65 per share for the year, up from their previous forecast of $6.62. The consensus estimate for Waste Connections' current full-year earnings is $9.98 per share. Atb Cap Markets also issued estimates for Waste Connections' Q2 2026 earnings at $2.14 EPS, Q3 2026 earnings at $2.19 EPS and FY2026 earnings at $8.13 EPS.

A number of other research analysts also recently weighed in on the company. ATB Capital upped their price target on Waste Connections from C$255.00 to C$260.00 in a research note on Friday. Scotiabank raised Waste Connections to a "hold" rating in a research report on Friday, October 4th. Finally, Eight Capital set a C$270.00 price target on shares of Waste Connections and gave the company a "neutral" rating in a research note on Wednesday, October 9th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, Waste Connections currently has an average rating of "Hold" and an average price target of C$205.10.

Waste Connections Stock Up 0.6 %

WCN traded up C$1.36 during midday trading on Monday, hitting C$245.81. The company had a trading volume of 299,056 shares, compared to its average volume of 234,852. The company has a market capitalization of C$63.41 billion, a price-to-earnings ratio of 54.50, a PEG ratio of 2.22 and a beta of 0.72. The stock's 50 day moving average price is C$247.78 and its 200 day moving average price is C$239.43. The company has a quick ratio of 0.74, a current ratio of 0.70 and a debt-to-equity ratio of 100.60. Waste Connections has a 52 week low of C$177.90 and a 52 week high of C$253.95.

Insiders Place Their Bets

In other news, Senior Officer Robert Andres Nielsen sold 571 shares of Waste Connections stock in a transaction on Monday, September 9th. The stock was sold at an average price of C$252.28, for a total transaction of C$144,051.88. In other news, Senior Officer Mary Anne Whitney sold 16,300 shares of the company's stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of C$178.05, for a total transaction of C$2,902,254.12. Also, Senior Officer Robert Andres Nielsen sold 571 shares of the stock in a transaction dated Monday, September 9th. The stock was sold at an average price of C$252.28, for a total transaction of C$144,051.88. Insiders have sold a total of 30,671 shares of company stock valued at $6,073,683 in the last 90 days. 0.21% of the stock is currently owned by corporate insiders.

Waste Connections Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 21st. Shareholders of record on Thursday, November 7th will be given a $0.426 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 0.69%. This is an increase from Waste Connections's previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Thursday, November 7th. Waste Connections's dividend payout ratio is presently 34.37%.

Waste Connections Company Profile

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.