Jonathan Lucas (Luke) Pelosi Sells 62,872 Shares of GFL Environmental Inc. (TSE:GFL) Stock

GFL Environmental Inc. (TSE:GFL) Senior Officer Jonathan Lucas (Luke) Pelosi sold 62,872 shares of GFL Environmental stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of C$44.92, for a total transaction of C$2,824,210.24.

GFL Environmental Stock Performance

Shares of TSE:GFL opened at C$43.98 on Friday. The firm’s 50 day simple moving average is C$46.22 and its 200-day simple moving average is C$44.44. The company has a debt-to-equity ratio of 130.18, a quick ratio of 0.57 and a current ratio of 0.84. GFL Environmental Inc. has a one year low of C$36.56 and a one year high of C$51.83. The firm has a market cap of C$16.04 billion, a PE ratio of -344.92, a price-to-earnings-growth ratio of -0.76 and a beta of 1.18.

GFL Environmental (TSE:GFL) last issued its earnings results on Tuesday, February 20th. The company reported C$0.05 earnings per share for the quarter, missing the consensus estimate of C$0.24 by C($0.19). GFL Environmental had a return on equity of 1.02% and a net margin of 1.22%. The firm had revenue of C$1.88 billion during the quarter, compared to analysts’ expectations of C$1.85 billion. As a group, equities analysts predict that GFL Environmental Inc. will post 1.2105832 EPS for the current year.

GFL Environmental Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th were given a $0.019 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.17%. The ex-dividend date was Friday, April 12th. This is a boost from GFL Environmental’s previous quarterly dividend of $0.02.

About GFL Environmental

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.