GFL Environmental (GFL) Projected to Post Quarterly Earnings on Monday

GFL Environmental (NYSE:GFL) is projected to issue its quarterly earnings data after the market closes on Monday, February 24th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $1.98 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

GFL Environmental Trading Up 2.8 %

Shares of GFL stock opened at $46.58 on Monday. GFL Environmental has a 1 year low of $30.57 and a 1 year high of $48.87. The firm’s fifty day simple moving average is $44.35 and its 200 day simple moving average is $42.80. The firm has a market capitalization of $18.32 billion, a P/E ratio of -35.02 and a beta of 1.17. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.27.

GFL Environmental Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Monday, January 13th were given a dividend of $0.014 per share. This represents a $0.06 dividend on an annualized basis and a yield of 0.12%. The ex-dividend date was Monday, January 13th. GFL Environmental’s dividend payout ratio (DPR) is currently -4.51%.

Analysts Set New Price Targets

GFL has been the topic of a number of research reports. Citigroup assumed coverage on shares of GFL Environmental in a research report on Monday, January 27th. They set a “buy” rating and a $53.00 target price on the stock. Truist Financial lifted their price target on shares of GFL Environmental from $46.00 to $54.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Scotiabank decreased their price target on shares of GFL Environmental from $51.00 to $50.00 and set a “sector outperform” rating on the stock in a research note on Monday, January 27th. Raymond James lifted their price target on shares of GFL Environmental from $47.00 to $50.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Finally, UBS Group lifted their price target on shares of GFL Environmental from $47.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, GFL Environmental has an average rating of “Moderate Buy” and an average target price of $49.00.

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.