GFL Environmental (NYSE:GFL) Issues Quarterly Earnings Results

GFL Environmental (NYSE:GFL) released its earnings results on Monday. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.03, Zacks reports. GFL Environmental had a negative net margin of 7.54% and a positive return on equity of 3.50%. GFL Environmental updated its FY 2025 guidance to EPS.

GFL Environmental Stock Performance

GFL stock opened at $45.96 on Tuesday. The company has a market capitalization of $18.08 billion, a P/E ratio of -34.56 and a beta of 1.17. The company has a 50-day simple moving average of $44.44 and a 200 day simple moving average of $43.09. GFL Environmental has a fifty-two week low of $30.57 and a fifty-two week high of $48.87. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.27.

GFL Environmental Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Monday, January 13th were issued a $0.014 dividend. This represents a $0.06 annualized dividend and a yield of 0.12%. The ex-dividend date was Monday, January 13th. GFL Environmental’s payout ratio is currently -3.76%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on GFL shares. Truist Financial boosted their target price on shares of GFL Environmental from $46.00 to $54.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Royal Bank of Canada reiterated an “outperform” rating and set a $53.00 target price on shares of GFL Environmental in a research note on Monday. Scotiabank lowered their target price on shares of GFL Environmental from $51.00 to $50.00 and set a “sector outperform” rating for the company in a research note on Monday, January 27th. Raymond James boosted their target price on shares of GFL Environmental from $47.00 to $50.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, UBS Group boosted their target price on shares of GFL Environmental from $47.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $49.56.

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.