Republic Services (NYSE:RSG) Stock Price Target Raised at Royal Bank Of Canada

Republic Services (NYSE:RSG) had its target price increased by Royal Bank Of Canada from $272.00 to $277.00 in a research note published on Friday morning,Benzinga reports. The firm currently has an outperform rating on the business services provider’s stock.

Several other research analysts also recently issued reports on RSG. Barclays upped their price objective on Republic Services from $233.00 to $240.00 and gave the company an “equal weight” rating in a research note on Friday, August 7th. Wolfe Research initiated coverage on shares of Republic Services in a research note on Tuesday, September 15th. They set a “peer perform” rating for the company. UBS Group lifted their price target on shares of Republic Services from $233.00 to $235.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Weiss Ratings raised shares of Republic Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. Finally, Scotiabank restated a “sector perform” rating and issued a $236.00 price objective on shares of Republic Services in a report on Thursday, October 15th. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $245.25.

Republic Services Trading Up 3.2%

RSG opened at $243.92 on Friday. The company has a market cap of $74.69 billion, a P/E ratio of 33.74, a PEG ratio of 3.80 and a beta of 0.39. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.12. The company’s 50 day moving average is $222.47 and its 200-day moving average is $216.81. Republic Services has a 1-year low of $196.41 and a 1-year high of $249.37.

Republic Services (NYSE:RSG) last issued its earnings results on Thursday, October 29th. The business services provider reported $1.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.93 by $0.01. The business had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.42 billion. Republic Services had a return on equity of 18.65% and a net margin of 12.93%. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.90 EPS. Equities research analysts predict that Republic Services will post 7.26 earnings per share for the current fiscal year.

Republic Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Monday, January 4th will be given a dividend of $0.67 per share. The ex-dividend date is Monday, January 4th. This represents a $2.68 annualized dividend and a dividend yield of 1.1%. Republic Services’s dividend payout ratio is 37.07%.

Insider Transactions at Republic Services

In other news, major shareholder Cascade Investment, L.L.C. purchased 409,500 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were acquired at an average price of $221.49 per share, with a total value of $90,700,155.00. Following the completion of the transaction, the insider owned 116,166,330 shares of the company’s stock, valued at $25,729,680,431.70. The trade was a 0.35% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have acquired a total of 6,254,462 shares of company stock valued at $1,380,321,958 in the last quarter. 0.12% of the stock is owned by insiders.

Hedge Funds Weigh In On Republic Services

Several institutional investors have recently made changes to their positions in RSG. BlackRock Inc. bought a new stake in Republic Services during the second quarter valued at $3,798,092,000. Bank of America Corp DE bought a new position in Republic Services in the 2nd quarter worth about $682,573,000. Legal & General Group Plc bought a new stake in shares of Republic Services during the 2nd quarter valued at about $245,506,000. Deutsche Bank AG bought a new stake in shares of Republic Services during the 2nd quarter valued at about $236,628,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Republic Services during the second quarter worth about $220,527,000. Institutional investors and hedge funds own 57.73% of the company’s stock.

Republic Services News Summary

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

• Positive Sentiment: Q3 results exceeded expectations: Adjusted EPS was $1.94 versus the $1.93 consensus, while revenue climbed 8.2% year over year to $4.559 billion, ahead of the roughly $4.42 billion estimate. Net income rose to $592 million, or $1.93 per diluted share, from $550 million a year earlier. Pricing strength and growth in Environmental Solutions supported the performance. Republic Services Reports Third Quarter 2026 Results
• Positive Sentiment: Full-year outlook was raised: Republic Services increased its 2026 revenue guidance to approximately $17.425 billion–$17.475 billion, above the prior outlook and analyst expectations. The company also raised adjusted EBITDA and adjusted free-cash-flow expectations, signaling continued confidence in operating trends and cash generation. Republic Services 2026 Revenue Outlook
• Positive Sentiment: Large buyback adds a shareholder-return catalyst: The board authorized $5 billion in share repurchases running from January 2027 through December 2029. The authorization could support per-share earnings and provide additional demand for the stock. Republic Services Announces Share Buyback
• Positive Sentiment: Analyst support improved: Royal Bank of Canada raised its price target from $272 to $277 and maintained an “outperform” rating, implying further upside based on the reported share price. RBC Raises Republic Services Price Target
• Neutral Sentiment: Republic Services declared a quarterly dividend of $0.67 per share, maintaining an annualized payout of $2.68.
• Neutral Sentiment: The stock’s valuation remains a consideration, with a reported price-to-earnings ratio above 34 and analyst targets ranging widely, indicating that much of the strong outlook may already be reflected in the shares.

About Republic Services

Republic Services, Inc is an environmental services company that provides waste collection, recycling and disposal solutions for residential, commercial, industrial and municipal customers. Its services include curbside collection, dumpster and roll-off container services, transfer station operations, landfill management and recycling processing.

The company also provides specialized environmental services, including hazardous waste management, emergency response, remediation and other sustainability-related solutions for businesses and government organizations.