Waste Connections (WCN) to Release Quarterly Earnings on Wednesday

Waste Connections (NYSE:WCN - Get Free Report) will likely be announcing its earnings results after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $1.07 per share and revenue of $2.22 billion for the quarter. Waste Connections has set its FY 2025 guidance at EPS.Persons that are interested in registering for the company's earnings conference call can do so using this link.

Waste Connections (NYSE:WCN - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The business services provider reported $1.16 earnings per share for the quarter, missing analysts' consensus estimates of $1.20 by ($0.04). Waste Connections had a return on equity of 15.54% and a net margin of 6.92%. On average, analysts expect Waste Connections to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Waste Connections Stock Up 0.4 %

Shares of NYSE WCN traded up $0.75 during trading hours on Friday, hitting $197.32. 979,319 shares of the stock were exchanged, compared to its average volume of 969,818. The firm has a fifty day moving average price of $190.03 and a 200-day moving average price of $184.19. The company has a market cap of $50.98 billion, a PE ratio of 82.56, a PEG ratio of 3.07 and a beta of 0.67. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.03. Waste Connections has a 12 month low of $160.34 and a 12 month high of $201.66.

Waste Connections Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Thursday, February 27th were paid a $0.315 dividend. The ex-dividend date was Thursday, February 27th. This represents a $1.26 dividend on an annualized basis and a yield of 0.64%. Waste Connections's dividend payout ratio (DPR) is 52.72%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. StockNews.com lowered shares of Waste Connections from a "buy" rating to a "hold" rating in a report on Friday, February 14th. William Blair assumed coverage on shares of Waste Connections in a research report on Thursday, April 3rd. They set an "outperform" rating for the company. Morgan Stanley lifted their price objective on Waste Connections from $214.00 to $219.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Citigroup reduced their target price on Waste Connections from $218.00 to $209.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Finally, Truist Financial reaffirmed a "buy" rating and issued a $210.00 price target (up from $200.00) on shares of Waste Connections in a research note on Friday, February 14th. Four investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $204.43.

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.