Waste Connections (WCN) Stock Price, News & Analysis

Company Overview

Waste Connections is the third- largest integrated provider of traditional solid waste and recycling services in the North America, operating 91 active landfills (12 are E&P waste landfills), 132 transfer stations, and 68 recycling operations. The firm serves residential, commercial, industrial, and energy end markets. Waste Connections entered the Canadian market with its 2016 merger with Progressive Waste. In 2020, 13% of consolidated revenue was generated from the firm's Canadian segment.

Key Stats

• Today's Range: C$274.15 to C$279.45
• 50-Day Range: C$244.76 to C$278.32
• 52-Week Range: C$219.62 to C$279.45
• Volume: 278,859 shs
• Average Volume: 266,290 shs
• Market Capitalization: C$50.59 billion
• P/E Ratio: 53.79
• Dividend Yield: 0.56%
• Price Target: C$265.00
• Consensus Rating: Hold

Waste Connections Stock Analysis - MarketRank™

Waste Connections scored higher than 10% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Waste Connections has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Waste Connections has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Waste Connections is 53.79, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.60.

Price to Earnings Ratio vs. Sector

The P/E ratio of Waste Connections is 53.79, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 21.82.

Price to Earnings Growth Ratio

Waste Connections has a PEG Ratio of 2.22. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Waste Connections has a P/B Ratio of 8.69. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for WCN.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Waste Connections has a dividend yield of 0.60%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Waste Connections does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Waste Connections is 29.96%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for WCN.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: -0.03

News Sentiment

Waste Connections has a news sentiment score of -0.03. 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 lower news sentiment than the 0.41 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Waste Connections this week, compared to 2 articles on an average week.

Search Interest

3 people have searched for WCN on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

1 people have added Waste Connections to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Waste Connections insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$1,353,780.00 in company stock.

Percentage Held by Insiders

Only 0.21% of the stock of Waste Connections is held by insiders.

Percentage Held by Institutions

89.61% of the stock of Waste Connections is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WCN Stock Analysis - Frequently Asked Questions

How have WCN shares performed this year?

Waste Connections' stock was trading at C$246.60 on January 1st, 2025. Since then, WCN shares have increased by 12.9% and is now trading at C$278.32.
View the best growth stocks for 2025 here.

How were Waste Connections' earnings last quarter?

Waste Connections, Inc. (TSE:WCN) announced its quarterly earnings data on Wednesday, October, 23rd. The company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.04. Waste Connections had a net margin of 10.81% and a trailing twelve-month return on equity of 11.86%.

How do I buy shares of Waste Connections?

Shares of WCN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Waste Connections own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Waste Connections investors own include NVIDIA (NVDA), Visa (V), Algonquin Power & Utilities (AQN), Suncor Energy (SU), BCE (BCE), Enbridge (ENB) and Toronto-Dominion Bank (TD).

Company Calendar

• Last Earnings: 10/23/2024
• Today: 3/03/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Waste Management
• Sub-Industry: Business Services
• Current Symbol: TSE:WCN
• Previous Symbol: TSE:BIN
• CIK: N/A
• Web: www.wasteconnections.com
• Phone: +1-905-5327510
• Fax: N/A
• Employees: 22,100
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$265.00
• High Stock Price Target: C$270.00
• Low Stock Price Target: C$260.00
• Potential Upside/Downside: -4.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$5.17
• Trailing P/E Ratio: 53.79
• Forward P/E Ratio: 27.89
• P/E Growth: 2.22
• Net Income: C$662.45 million
• Net Margins: 10.81%
• Pretax Margin: N/A
• Return on Equity: 11.86%
• Return on Assets: 5.00%

Debt

• Debt-to-Equity Ratio: 102.69
• Current Ratio: 0.77
• Quick Ratio: 0.74

Sales & Book Value

• Annual Sales: C$6.13 billion
• Price / Sales: 8.26
• Cash Flow: C$1.21 per share
• Price / Cash Flow: 230.05
• Book Value: C$32.02 per share
• Price / Book: 8.69

Miscellaneous

• Outstanding Shares: 181,774,000
• Free Float: N/A
• Market Cap: C$50.59 billion
• Optionable: Not Optionable
• Beta: 0.72