Scotiabank Has Bearish Estimate for TSE:GFL FY2026 Earnings

GFL Environmental Inc. (TSE:GFL) – Stock analysts at Scotiabank reduced their FY2026 earnings estimates for GFL Environmental in a research report issued on Wednesday, March 19th. Scotiabank analyst K. Gupta now forecasts that the company will post earnings of $2.09 per share for the year, down from their prior forecast of $2.23. The consensus estimate for GFL Environmental’s current full-year earnings is $1.69 per share.

Separately, Citigroup raised GFL Environmental to a “strong-buy” rating in a report on Monday, January 27th.

GFL Environmental Stock Performance

Shares of GFL stock opened at C$69.40 on Monday. The stock has a market cap of C$26.78 billion, a PE ratio of -45.55, a price-to-earnings-growth ratio of -0.76 and a beta of 1.03. GFL Environmental has a 52-week low of C$41.90 and a 52-week high of C$70.03. The business has a 50-day simple moving average of C$64.88 and a 200-day simple moving average of C$61.78. The company has a quick ratio of 0.57, a current ratio of 0.58 and a debt-to-equity ratio of 147.75.

GFL Environmental Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 31st were given a $0.014 dividend. The ex-dividend date was Monday, January 13th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.08%. GFL Environmental’s dividend payout ratio (DPR) is currently -5.25%.

GFL Environmental Company Profile

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.