GFL Environmental Inc. (TSE:GFL) Declares Quarterly Dividend of $0.02

GFL Environmental Inc. (TSE:GFL) announced a quarterly dividend on Wednesday, October 16th, Zacks reports. Shareholders of record on Thursday, October 31st will be paid a dividend of 0.019 per share on Thursday, October 31st. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.14%. The ex-dividend date is Wednesday, October 16th.

GFL Environmental Trading Up 0.4 %

Shares of TSE:GFL opened at C$55.67 on Tuesday. GFL Environmental has a 52 week low of C$36.56 and a 52 week high of C$59.00. The company’s 50 day moving average is C$55.27 and its two-hundred day moving average is C$50.93. The company has a current ratio of 0.89, a quick ratio of 0.57 and a debt-to-equity ratio of 145.69. The company has a market cap of C$21.20 billion, a PE ratio of -27.16, a P/E/G ratio of -0.76 and a beta of 1.03.

GFL Environmental (TSE:GFL) last announced its quarterly earnings data on Wednesday, July 31st. The company reported C$0.29 EPS for the quarter, beating analysts’ consensus estimates of C$0.28 by C$0.01. GFL Environmental had a negative net margin of 8.83% and a negative return on equity of 9.83%. The company had revenue of C$2.06 billion for the quarter, compared to the consensus estimate of C$2.06 billion. Equities analysts predict that GFL Environmental will post 1.6545901 earnings per share for the current fiscal year.

Insider Transactions at GFL Environmental

In other news, Senior Officer Jonathan Lucas (Luke) Pelosi sold 28,862 shares of the firm’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of C$54.47, for a total value of C$1,572,191.07. In related news, Senior Officer Jonathan Lucas (Luke) Pelosi sold 28,862 shares of the firm’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of C$54.47, for a total value of C$1,572,191.07. Also, Director Patrick Joseph Dovigi sold 291,180 shares of the firm’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of C$39.65, for a total transaction of C$11,545,287.00. In the last quarter, insiders sold 987,224 shares of company stock worth $48,703,272. Company insiders own 3.10% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on GFL. Scotiabank raised shares of GFL Environmental to a “strong-buy” rating in a research report on Friday, October 4th. BMO Capital Markets downgraded shares of GFL Environmental from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 9th.

About GFL Environmental

GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.