Republic Services, Inc. (NYSE:RSG) Given Consensus Rating of “Moderate Buy” by Analysts

Republic Services, Inc. (NYSE:RSG) has earned a consensus rating of “Moderate Buy” from the twenty-three research firms that are currently covering the company, MarketBeat reports. Ten equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $246.40.

Several research firms have weighed in on RSG. Bank of America decreased their price target on shares of Republic Services from $271.00 to $241.00 and set a “buy” rating on the stock in a research report on Monday, December 22nd. UBS Group raised their price target on Republic Services from $225.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, March 5th. Morgan Stanley lowered their price objective on Republic Services from $230.00 to $225.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 18th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Republic Services in a research report on Friday. Finally, Wolfe Research assumed coverage on Republic Services in a research note on Friday, March 13th. They set a “peer perform” rating on the stock.

Hedge Funds Weigh In On Republic Services

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in Republic Services by 0.3% during the third quarter. Vanguard Group Inc. now owns 19,107,360 shares of the business services provider’s stock valued at $4,384,757,000 after purchasing an additional 49,365 shares during the last quarter. State Street Corp increased its holdings in shares of Republic Services by 1.7% in the 4th quarter. State Street Corp now owns 9,695,747 shares of the business services provider’s stock worth $2,054,820,000 after buying an additional 166,474 shares during the last quarter. Capital World Investors raised its position in shares of Republic Services by 27.7% during the 4th quarter. Capital World Investors now owns 8,765,623 shares of the business services provider’s stock valued at $1,857,698,000 after buying an additional 1,899,183 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Republic Services by 38.6% in the 4th quarter. Morgan Stanley now owns 5,348,501 shares of the business services provider’s stock valued at $1,133,509,000 after acquiring an additional 1,490,719 shares during the last quarter. Finally, Wellington Management Group LLP grew its position in Republic Services by 18.9% in the fourth quarter. Wellington Management Group LLP now owns 5,070,130 shares of the business services provider’s stock worth $1,074,513,000 after acquiring an additional 807,525 shares in the last quarter. Institutional investors own 57.73% of the company’s stock.

Republic Services Trading Up 2.8%

Shares of NYSE RSG opened at $221.78 on Tuesday. The firm’s 50 day moving average price is $221.28 and its 200-day moving average price is $218.08. Republic Services has a 52-week low of $201.42 and a 52-week high of $258.75. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.64 and a current ratio of 0.64. The company has a market cap of $68.52 billion, a PE ratio of 32.38, a P/E/G ratio of 3.57 and a beta of 0.54.

Republic Services (NYSE:RSG) last announced its quarterly earnings data on Tuesday, February 17th. The business services provider reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $0.14. The company had revenue of $4.14 billion during the quarter, compared to analyst estimates of $4.21 billion. Republic Services had a net margin of 12.90% and a return on equity of 18.44%. The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.58 EPS. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. On average, equities research analysts expect that Republic Services will post 6.86 EPS for the current fiscal year.

Republic Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Thursday, April 2nd will be given a dividend of $0.625 per share. The ex-dividend date is Thursday, April 2nd. This represents a $2.50 annualized dividend and a dividend yield of 1.1%. Republic Services’s dividend payout ratio (DPR) is presently 36.79%.

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.