Waste Connections, Inc. (NYSE:WCN – Free Report) – Stock analysts at Zacks Research lowered their FY2025 EPS estimates for shares of Waste Connections in a report issued on Wednesday, March 5th. Zacks Research analyst R. Department now anticipates that the business services provider will post earnings per share of $5.20 for the year, down from their previous estimate of $5.35. The consensus estimate for Waste Connections’ current full-year earnings is $5.28 per share. Zacks Research also issued estimates for Waste Connections’ Q1 2026 earnings at $1.34 EPS, Q2 2026 earnings at $1.55 EPS and Q3 2026 earnings at $1.60 EPS.
Several other equities research analysts have also commented on WCN. Jefferies Financial Group dropped their price target on Waste Connections from $225.00 to $210.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. StockNews.com downgraded shares of Waste Connections from a “buy” rating to a “hold” rating in a research note on Friday, February 14th. Truist Financial restated a “buy” rating and set a $210.00 target price (up previously from $200.00) on shares of Waste Connections in a report on Friday, February 14th. CIBC decreased their price target on shares of Waste Connections from $215.00 to $212.00 and set an “outperform” rating for the company in a research report on Thursday, December 19th. Finally, Oppenheimer raised their price objective on Waste Connections from $192.00 to $195.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Four research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $202.43.
Waste Connections Stock Up 1.4 %
WCN opened at $188.35 on Friday. Waste Connections has a 12 month low of $160.34 and a 12 month high of $194.83. The business has a 50-day moving average of $182.76 and a two-hundred day moving average of $182.55. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.65 and a quick ratio of 0.65. The stock has a market capitalization of $48.61 billion, a price-to-earnings ratio of 78.81, a price-to-earnings-growth ratio of 3.07 and a beta of 0.81.
Waste Connections (NYSE:WCN – Get Free Report) last announced its earnings results on Wednesday, February 12th. The business services provider reported $1.16 earnings per share for the quarter, missing the consensus estimate of $1.20 by ($0.04). Waste Connections had a net margin of 6.92% and a return on equity of 15.54%.
Institutional Investors Weigh In On Waste Connections
A number of hedge funds have recently modified their holdings of WCN. Wealth Enhancement Advisory Services LLC raised its position in Waste Connections by 5.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 4,575 shares of the business services provider’s stock valued at $818,000 after buying an additional 239 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Waste Connections by 3.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 23,401 shares of the business services provider’s stock worth $4,185,000 after acquiring an additional 794 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of Waste Connections by 22.6% in the third quarter. Robeco Institutional Asset Management B.V. now owns 87,110 shares of the business services provider’s stock valued at $15,577,000 after purchasing an additional 16,035 shares during the last quarter. QRG Capital Management Inc. lifted its position in shares of Waste Connections by 12.3% in the third quarter. QRG Capital Management Inc. now owns 13,859 shares of the business services provider’s stock worth $2,479,000 after purchasing an additional 1,519 shares in the last quarter. Finally, Impax Asset Management Group plc acquired a new position in Waste Connections during the third quarter worth $54,800,000. Institutional investors and hedge funds own 86.09% of the company’s stock.
Waste Connections Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 27th will be issued a $0.315 dividend. The ex-dividend date is Thursday, February 27th. This represents a $1.26 dividend on an annualized basis and a yield of 0.67%. Waste Connections’s dividend payout ratio is presently 52.72%.
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.
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