GFL Environmental (NYSE:GFL) Announces Earnings Results

GFL Environmental (NYSE:GFL) issued its quarterly earnings results on Monday. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.03, Zacks reports. GFL Environmental had a negative net margin of 7.54% and a positive return on equity of 3.50%. GFL Environmental updated its FY 2025 guidance to EPS.

GFL Environmental Trading Down 0.8 %

Shares of GFL stock opened at $45.96 on Tuesday. GFL Environmental has a 12 month low of $30.57 and a 12 month high of $48.87. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.27. The business’s 50 day moving average is $44.44 and its two-hundred day moving average is $43.09. The company has a market cap of $18.08 billion, a PE ratio of -34.56 and a beta of 1.17.

GFL Environmental Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Monday, January 13th were issued a $0.014 dividend. The ex-dividend date was Monday, January 13th. This represents a $0.06 dividend on an annualized basis and a yield of 0.12%. GFL Environmental’s dividend payout ratio is currently -3.76%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on GFL shares. UBS Group upped their price target on shares of GFL Environmental from $47.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Citigroup started coverage on shares of GFL Environmental in a research note on Monday, January 27th. They set a “buy” rating and a $53.00 price objective for the company. Raymond James upped their target price on GFL Environmental from $47.00 to $50.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Scotiabank dropped their target price on GFL Environmental from $51.00 to $50.00 and set a “sector outperform” rating on the stock in a report on Monday, January 27th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $53.00 target price on shares of GFL Environmental in a report on Monday. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $49.56.

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.