Republic Services (NYSE:RSG) Releases Earnings Results, Beats Expectations By $0.04 EPS

Republic Services (NYSE:RSG) issued its earnings results on Friday. The business services provider reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.81 by $0.04, FiscalAI reports. The business had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.36 billion. Republic Services had a return on equity of 18.73% and a net margin of 12.94%.Republic Services’s revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.77 earnings per share.

Republic Services Price Performance

RSG stock traded up $4.88 during trading on Friday, hitting $214.47. 1,922,824 shares of the stock traded hands, compared to its average volume of 1,366,040. The stock has a market cap of $65.98 billion, a price-to-earnings ratio of 30.38, a P/E/G ratio of 3.51 and a beta of 0.40. Republic Services has a one year low of $196.41 and a one year high of $238.62. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.11. The company has a 50 day simple moving average of $213.04 and a 200 day simple moving average of $214.95.

Republic Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $2.68 annualized dividend and a yield of 1.2%. This is an increase from Republic Services’s previous quarterly dividend of $0.62. Republic Services’s payout ratio is 35.87%.

Insider Activity

In related news, Director Sandra M. Volpe sold 1,800 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $211.28, for a total transaction of $380,304.00. Following the completion of the sale, the director directly owned 58 shares of the company’s stock, valued at $12,254.24. This trade represents a 96.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Cascade Investment, L.L.C. acquired 60,700 shares of the business’s stock in a transaction on Monday, May 18th. The stock was acquired at an average price of $213.31 per share, with a total value of $12,947,917.00. Following the transaction, the insider owned 110,803,982 shares in the company, valued at approximately $23,635,597,400.42. The trade was a 0.05% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 987,150 shares of company stock worth $202,366,682 over the last ninety days. Insiders own 0.12% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Brighton Jones LLC lifted its holdings in Republic Services by 75.8% during the 4th quarter. Brighton Jones LLC now owns 19,822 shares of the business services provider’s stock worth $3,988,000 after buying an additional 8,547 shares in the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of Republic Services during the fourth quarter worth $110,000. Transamerica Financial Advisors LLC lifted its stake in shares of Republic Services by 96.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 352 shares of the business services provider’s stock valued at $75,000 after acquiring an additional 173 shares during the period. Quarry LP boosted its holdings in Republic Services by 1,165.4% in the fourth quarter. Quarry LP now owns 658 shares of the business services provider’s stock valued at $139,000 after acquiring an additional 606 shares during the last quarter. Finally, Acumen Wealth Advisors LLC acquired a new stake in Republic Services in the fourth quarter worth about $191,000. 57.73% of the stock is owned by institutional investors.

Analysts Set New Price Targets

RSG has been the subject of a number of analyst reports. Citigroup raised their price objective on shares of Republic Services from $247.00 to $259.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Robert W. Baird dropped their price target on shares of Republic Services from $242.00 to $240.00 and set a “neutral” rating for the company in a research report on Thursday, April 16th. Weiss Ratings restated a “hold (c+)” rating on shares of Republic Services in a research note on Friday, July 24th. Argus downgraded Republic Services from a “buy” rating to a “hold” rating in a report on Monday, May 11th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $249.00 target price on shares of Republic Services in a report on Friday, May 8th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $244.63.

Republic Services News Summary

Here are the key news stories impacting Republic Services this week:

• Positive Sentiment: Quarterly earnings and revenue exceeded expectations. Adjusted EPS was $1.85, above the $1.81 consensus and up from $1.77 a year earlier. Revenue rose 4.6% year over year to $4.43 billion, surpassing estimates of $4.36 billion. Republic Services Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Republic raised its 2026 outlook. The company increased full-year revenue guidance to approximately $17.2 billion-$17.3 billion and projected adjusted EPS of $7.23-$7.28. It also raised EBITDA and cash-flow expectations, indicating continued operating momentum. Republic Services Raises Full-Year Guidance
• Positive Sentiment: The quarterly dividend increased approximately 7.2% to $0.67 per share. The payout boost reinforces the company’s shareholder-return appeal and confidence in its recurring cash flows. Republic Services Raises Dividend
• Positive Sentiment: Republic generated $2.38 billion in year-to-date operating cash flow, $1.58 billion in adjusted free cash flow and invested about $860 million in acquisitions during the first half of 2026. Republic Services Second-Quarter 2026 Results
• Neutral Sentiment: Barclays raised its price target from $233 to $240 but maintained an “equal weight” rating, signaling additional valuation upside while remaining cautious on the stock relative to peers. Barclays Price Target Update
• Negative Sentiment: Pricing gains came alongside volume pressure, and the new EPS range is slightly below the $7.29 analyst consensus, which could limit further upside if growth in underlying volumes remains weak.

Republic Services Company Profile

Republic Services, Inc is a leading provider of non-hazardous solid waste and recycling services in the United States. The company offers a broad range of waste management solutions to residential, commercial, industrial and municipal customers, positioning itself as a full-service partner for everyday waste collection as well as specialized disposal needs.

Republic’s core operations include curbside and commercial collection, transfer and hauling, materials recovery and recycling facilities, and landfill disposal.