
GFL Environmental Inc. (NYSE:GFL – Free Report) – Research analysts at Scotiabank upped their FY2026 earnings per share estimates for GFL Environmental in a note issued to investors on Friday, January 23rd. Scotiabank analyst K. Gupta now forecasts that the company will post earnings of $0.86 per share for the year, up from their previous estimate of $0.77. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for GFL Environmental’s current full-year earnings is $0.58 per share. Scotiabank also issued estimates for GFL Environmental’s FY2027 earnings at $1.11 EPS.
GFL Environmental (NYSE:GFL – Get Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.02). The firm had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.69 billion. GFL Environmental had a return on equity of 3.06% and a net margin of 50.99%.The company’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.33 earnings per share.
Check Out Our Latest Analysis on GFL
GFL Environmental Stock Performance
NYSE GFL opened at $44.43 on Monday. The company’s 50 day simple moving average is $43.87 and its two-hundred day simple moving average is $46.03. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.69 and a quick ratio of 0.69. GFL Environmental has a 1 year low of $40.83 and a 1 year high of $52.00. The stock has a market capitalization of $15.95 billion, a PE ratio of 6.96 and a beta of 0.88.
Institutional Investors Weigh In On GFL Environmental
Hedge funds have recently made changes to their positions in the business. Massachusetts Financial Services Co. MA grew its holdings in shares of GFL Environmental by 9.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 11,201,976 shares of the company’s stock valued at $481,125,000 after purchasing an additional 977,344 shares during the last quarter. Barton Investment Management boosted its position in GFL Environmental by 0.7% during the fourth quarter. Barton Investment Management now owns 420,150 shares of the company’s stock valued at $18,045,000 after buying an additional 2,852 shares during the period. Mn Services Vermogensbeheer B.V. grew its stake in shares of GFL Environmental by 1.2% during the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 79,682 shares of the company’s stock valued at $3,427,000 after buying an additional 982 shares during the last quarter. Nordea Investment Management AB grew its stake in shares of GFL Environmental by 40.8% during the fourth quarter. Nordea Investment Management AB now owns 6,673,954 shares of the company’s stock valued at $290,083,000 after buying an additional 1,932,442 shares during the last quarter. Finally, Swiss Life Asset Management Ltd increased its holdings in shares of GFL Environmental by 3.1% in the third quarter. Swiss Life Asset Management Ltd now owns 17,017 shares of the company’s stock worth $808,000 after buying an additional 516 shares during the period. 64.70% of the stock is currently owned by institutional investors.
GFL Environmental Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, January 13th will be given a dividend of $0.0154 per share. This represents a $0.06 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Tuesday, January 13th. GFL Environmental’s dividend payout ratio (DPR) is presently 0.94%.
About GFL Environmental
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.
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