GFL Environmental (NYSE:GFL) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

GFL Environmental (NYSE:GFL) issued its quarterly earnings results on Monday. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate 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 Price Performance

Shares of NYSE:GFL traded down $0.37 during midday trading on Monday, reaching $45.96. 1,098,875 shares of the company’s stock traded hands, compared to its average volume of 1,701,859. GFL Environmental has a 1 year low of $30.57 and a 1 year high of $48.87. The company has a market cap of $18.08 billion, a P/E ratio of -34.56 and a beta of 1.17. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.58 and a current ratio of 0.58. The company has a fifty day simple moving average of $44.44 and a two-hundred day simple moving average of $43.04.

GFL Environmental Announces Dividend

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

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Royal Bank of Canada reiterated an “outperform” rating and issued a $53.00 price target on shares of GFL Environmental in a report on Monday. Citigroup assumed coverage on shares of GFL Environmental in a report on Monday, January 27th. They issued a “buy” rating and a $53.00 price target on the stock. Truist Financial increased their price target on shares of GFL Environmental from $46.00 to $54.00 and gave the stock a “buy” rating in a report on Friday, November 8th. UBS Group upped their price objective on GFL Environmental from $47.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Finally, Scotiabank lowered their price objective on GFL Environmental from $51.00 to $50.00 and set a “sector outperform” rating on the stock in a research report on Monday, January 27th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, GFL Environmental has an average rating of “Moderate Buy” and a consensus target price of $49.56.

GFL Environmental Company Profile

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.