GFL Environmental Inc. (NYSE:GFL) Given Consensus Rating of “Moderate Buy” by Brokerages

GFL Environmental Inc. (NYSE:GFL) has received an average recommendation of “Moderate Buy” from the fifteen research firms that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $56.5556.

GFL has been the topic of several recent research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of GFL Environmental in a report on Monday, December 29th. Scotiabank reaffirmed an “outperform” rating on shares of GFL Environmental in a research report on Wednesday. The Goldman Sachs Group assumed coverage on shares of GFL Environmental in a report on Monday, November 24th. They issued a “neutral” rating and a $50.00 price target on the stock. Citigroup dropped their price objective on shares of GFL Environmental from $58.00 to $56.00 and set a “buy” rating for the company in a research note on Friday, January 16th. Finally, JPMorgan Chase & Co. lifted their target price on shares of GFL Environmental from $46.75 to $48.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th.

GFL Environmental Stock Up 0.7%

Shares of GFL opened at $44.68 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.69 and a current ratio of 0.69. The company has a 50-day simple moving average of $43.86 and a 200-day simple moving average of $46.07. GFL Environmental has a 52 week low of $40.83 and a 52 week high of $52.00. The firm has a market capitalization of $16.05 billion, a P/E ratio of 7.00 and a beta of 0.88.

GFL Environmental (NYSE:GFL) last released its earnings results on Wednesday, November 5th. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.02). GFL Environmental had a return on equity of 3.06% and a net margin of 50.99%.The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.69 billion. During the same period last year, the business earned $0.33 earnings per share. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. On average, equities research analysts expect that GFL Environmental will post 0.58 earnings per share for the current year.

GFL Environmental Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Tuesday, January 13th will be paid a $0.0154 dividend. This represents a $0.06 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Tuesday, January 13th. GFL Environmental’s dividend payout ratio is currently 0.94%.

Hedge Funds Weigh In On GFL Environmental

Hedge funds and other institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC grew its position in GFL Environmental by 43.1% in the second quarter. EverSource Wealth Advisors LLC now owns 727 shares of the company’s stock valued at $37,000 after acquiring an additional 219 shares during the period. Advisory Services Network LLC lifted its holdings in shares of GFL Environmental by 4.1% during the third quarter. Advisory Services Network LLC now owns 6,537 shares of the company’s stock valued at $310,000 after acquiring an additional 256 shares during the period. AGP Franklin LLC boosted its stake in shares of GFL Environmental by 3.7% in the 2nd quarter. AGP Franklin LLC now owns 7,427 shares of the company’s stock valued at $375,000 after purchasing an additional 262 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of GFL Environmental by 21.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,606 shares of the company’s stock worth $75,000 after purchasing an additional 289 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of GFL Environmental by 45.2% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 976 shares of the company’s stock worth $46,000 after purchasing an additional 304 shares in the last quarter. Institutional investors own 64.70% of the company’s stock.

Trending Headlines about GFL Environmental

Here are the key news stories impacting GFL Environmental this week:

• Positive Sentiment: Relocating the executive headquarters to Miami Beach is intended to make GFL eligible for inclusion in major U.S. stock indexes — index inclusion would likely attract passive fund flows and more U.S. institutional investors, supporting demand for the stock. PR Newswire: GFL Announces Relocation
• Positive Sentiment: Analysts remain constructive: Scotiabank trimmed its price target slightly from $58 to $57 but kept a “sector outperform” rating, implying material upside from current levels — a signal that the analyst community still sees growth potential. The Fly: Price Target Lowered
• Neutral Sentiment: The company will remain incorporated in Ontario and will retain its TSX listing and eligibility for Canadian indices, reducing the chance of immediate disruption to Canadian index investors. This clarifies that the move is strategic for investor base expansion rather than a full re-domicile. Globe and Mail: Head Office Move
• Neutral Sentiment: Management says the move will have limited operational impact in Canada; reports indicate roughly a dozen jobs affected, signaling limited near-term cost or operational disruption. CityNews: Jobs Affected
• Negative Sentiment: The relocation has prompted media and public scrutiny in Canada and could create political or reputational headwinds; investors should watch for any regulatory, tax or stakeholder response that could pressure sentiment. CBC: Coverage of Move

GFL Environmental Company Profile

GFL Environmental Inc is a leading North American provider of diversified environmental services, offering comprehensive solutions across solid waste management, liquid waste management, soil remediation and infrastructure services. The company’s core business activities include residential, commercial and industrial waste collection, recycling, composting and landfill management. In addition to traditional waste services, GFL provides specialized liquid waste hauling, treatment and disposal services as well as environmental consulting to support industrial and municipal clients in meeting regulatory and sustainability goals.

Founded in 2007 by entrepreneur Patrick Dovigi, GFL Environmental has pursued an aggressive growth strategy driven by strategic acquisitions and organic expansion.