Atb Cap Markets Issues Pessimistic Estimate for WCN Earnings

Waste Connections, Inc. (NYSE:WCN) – Atb Cap Markets dropped their Q1 2025 earnings per share (EPS) estimates for shares of Waste Connections in a research report issued to clients and investors on Thursday, February 13th. Atb Cap Markets analyst C. Murray now anticipates that the business services provider will post earnings of $1.08 per share for the quarter, down from their previous forecast of $1.09. The consensus estimate for Waste Connections’ current full-year earnings is $4.83 per share. Atb Cap Markets also issued estimates for Waste Connections’ Q2 2025 earnings at $1.37 EPS, Q2 2025 earnings at $1.37 EPS, Q3 2025 earnings at $1.56 EPS, Q3 2025 earnings at $1.56 EPS, FY2025 earnings at $5.36 EPS, FY2025 earnings at $5.36 EPS, Q1 2026 earnings at $1.25 EPS, Q1 2026 earnings at $1.25 EPS, Q2 2026 earnings at $1.53 EPS, Q3 2026 earnings at $1.74 EPS, Q3 2026 earnings at $1.74 EPS, Q4 2026 earnings at $1.51 EPS, Q4 2026 earnings at $1.51 EPS and FY2026 earnings at $6.03 EPS.

Other equities research analysts also recently issued reports about the company. Oppenheimer lifted their price objective on Waste Connections from $192.00 to $195.00 and gave the stock an “outperform” rating in a report on Friday, December 13th. Raymond James lowered their price target on Waste Connections from $208.00 to $205.00 and set a “strong-buy” rating for the company in a report on Friday, October 25th. BMO Capital Markets lowered their price target on Waste Connections from $198.00 to $196.00 and set an “outperform” rating for the company in a report on Friday, October 25th. JPMorgan Chase & Co. lowered their price target on Waste Connections from $198.00 to $197.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Finally, Stifel Nicolaus upped their price objective on Waste Connections from $205.00 to $212.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Five equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Waste Connections currently has an average rating of “Moderate Buy” and an average price target of $201.00.

Waste Connections Stock Performance

Waste Connections stock opened at $189.08 on Monday. The stock’s 50 day moving average price is $179.36 and its 200 day moving average price is $181.67. The firm has a market capitalization of $48.80 billion, a PE ratio of 51.94, a price-to-earnings-growth ratio of 2.97 and a beta of 0.77. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.77 and a current ratio of 0.77. Waste Connections has a one year low of $160.34 and a one year high of $194.83.

Waste Connections (NYSE:WCN) last released its quarterly earnings results on Wednesday, February 12th. The business services provider reported $1.16 EPS for the quarter, missing the consensus estimate of $1.20 by ($0.04). Waste Connections had a return on equity of 15.43% and a net margin of 10.81%.

Waste Connections Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 27th will be paid a dividend of $0.315 per share. The ex-dividend date is Thursday, February 27th. This represents a $1.26 annualized dividend and a dividend yield of 0.67%. Waste Connections’s dividend payout ratio (DPR) is presently 34.62%.

Institutional Trading of Waste Connections

Several hedge funds have recently added to or reduced their stakes in the business. Private Trust Co. NA increased its holdings in Waste Connections by 153.3% during the 4th quarter. Private Trust Co. NA now owns 152 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 92 shares in the last quarter. Manchester Capital Management LLC bought a new position in Waste Connections in the 4th quarter valued at $26,000. Stonebridge Financial Group LLC bought a new position in Waste Connections in the 4th quarter valued at $27,000. Aster Capital Management DIFC Ltd bought a new position in Waste Connections in the 4th quarter valued at $28,000. Finally, Smartleaf Asset Management LLC boosted its position in Waste Connections by 59.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 190 shares of the business services provider’s stock valued at $33,000 after buying an additional 71 shares during the last quarter. Institutional investors own 86.09% of the company’s stock.

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.