Waste Connections, Inc. (NYSE:WCN - Free Report) - Zacks Research lowered their Q3 2025 earnings per share (EPS) estimates for Waste Connections in a research report issued on Wednesday, May 14th. Zacks Research analyst R. Department now anticipates that the business services provider will post earnings of $1.44 per share for the quarter, down from their previous forecast of $1.49. The consensus estimate for Waste Connections' current full-year earnings is $5.28 per share. Zacks Research also issued estimates for Waste Connections' Q3 2026 earnings at $1.50 EPS and Q4 2026 earnings at $1.53 EPS.
A number of other research firms have also weighed in on WCN. Citigroup boosted their target price on Waste Connections from $209.00 to $212.00 and gave the company a "neutral" rating in a research note on Tuesday, April 29th. Jefferies Financial Group lowered their target price 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. Royal Bank of Canada reissued an "outperform" rating and issued a $221.00 target price on shares of Waste Connections in a research note on Friday, April 25th. Morgan Stanley boosted their target price on Waste Connections from $214.00 to $219.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Finally, Truist Financial set a $220.00 price target on Waste Connections in a research report on Friday, April 25th. Four investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $210.57.
Read Our Latest Report on WCN
Waste Connections Trading Up 0.9%
Shares of NYSE WCN traded up $1.76 during midday trading on Monday, reaching $196.67. The company had a trading volume of 859,473 shares, compared to its average volume of 1,003,888. Waste Connections has a one year low of $160.34 and a one year high of $201.66. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.03. The firm's fifty day moving average price is $193.58 and its 200-day moving average price is $186.92. The stock has a market cap of $50.81 billion, a PE ratio of 82.29, a price-to-earnings-growth ratio of 3.07 and a beta of 0.66.
Waste Connections (NYSE:WCN - Get Free Report) last released its earnings results on Wednesday, April 23rd. The business services provider reported $1.13 earnings per share for the quarter, beating analysts' consensus estimates of $1.07 by $0.06. Waste Connections had a return on equity of 15.54% and a net margin of 6.92%. The company had revenue of $2.23 billion during the quarter, compared to analyst estimates of $2.22 billion. During the same quarter in the previous year, the company posted $1.04 EPS. Waste Connections's revenue for the quarter was up 7.5% on a year-over-year basis.
Waste Connections Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Wednesday, May 7th were issued a $0.315 dividend. This represents a $1.26 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date of this dividend was Wednesday, May 7th. Waste Connections's payout ratio is 51.85%.
Institutional Trading of Waste Connections
Large investors have recently modified their holdings of the company. Manchester Capital Management LLC bought a new stake in shares of Waste Connections in the fourth quarter worth $26,000. Private Trust Co. NA grew its holdings in shares of Waste Connections by 153.3% in the fourth quarter. Private Trust Co. NA now owns 152 shares of the business services provider's stock worth $26,000 after acquiring an additional 92 shares during the period. Stonebridge Financial Group LLC bought a new stake in shares of Waste Connections in the fourth quarter worth $27,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Waste Connections in the fourth quarter worth $28,000. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Waste Connections by 59.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 190 shares of the business services provider's stock worth $33,000 after acquiring an additional 71 shares during the period. Institutional investors own 86.09% of the company's stock.
Waste Connections Company Profile
(
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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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