GFL Environmental (GFL) Set to Announce Earnings on Tuesday

GFL Environmental (NYSE:GFLGet Free Report) will release its earnings data after the market closes on Tuesday, February 20th. Analysts expect GFL Environmental to post earnings of $0.17 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

GFL Environmental Price Performance

NYSE GFL opened at $35.24 on Tuesday. The company has a 50-day moving average price of $33.09 and a 200-day moving average price of $32.04. The firm has a market capitalization of $13.04 billion, a P/E ratio of -80.09 and a beta of 1.14. GFL Environmental has a 52 week low of $26.87 and a 52 week high of $39.06. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.23.

GFL Environmental Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 17th were given a dividend of $0.013 per share. The ex-dividend date of this dividend was Tuesday, January 16th. This represents a $0.05 dividend on an annualized basis and a dividend yield of 0.15%. GFL Environmental’s dividend payout ratio is currently -11.36%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. UBS Group started coverage on GFL Environmental in a research note on Wednesday, January 31st. They issued a “buy” rating and a $44.00 target price on the stock. Royal Bank of Canada reduced their price objective on GFL Environmental from $45.00 to $43.00 and set an “outperform” rating for the company in a research note on Friday, December 1st. Bank of America cut GFL Environmental from a “buy” rating to a “neutral” rating and set a $35.00 target price for the company. in a report on Friday, January 19th. Wolfe Research assumed coverage on GFL Environmental in a report on Tuesday, October 17th. They set an “outperform” rating and a $36.00 target price for the company. Finally, Raymond James increased their price target on GFL Environmental from $35.00 to $36.00 and gave the company an “outperform” rating in a research report on Monday, December 4th. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, GFL Environmental presently has an average rating of “Moderate Buy” and an average price target of $41.23.

Check Out Our Latest Report on GFL Environmental

Hedge Funds Weigh In On GFL Environmental

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GFL. First Horizon Advisors Inc. boosted its stake in GFL Environmental by 664.7% during the 1st quarter. First Horizon Advisors Inc. now owns 1,063 shares of the company’s stock valued at $37,000 after purchasing an additional 924 shares in the last quarter. Money Concepts Capital Corp purchased a new stake in shares of GFL Environmental in the fourth quarter valued at $41,000. PNC Financial Services Group Inc. lifted its holdings in shares of GFL Environmental by 70.1% in the second quarter. PNC Financial Services Group Inc. now owns 1,060 shares of the company’s stock valued at $41,000 after purchasing an additional 437 shares in the last quarter. 1832 Asset Management L.P. lifted its holdings in shares of GFL Environmental by 1,570.6% in the first quarter. 1832 Asset Management L.P. now owns 1,821 shares of the company’s stock valued at $63,000 after purchasing an additional 1,712 shares in the last quarter. Finally, BNP Paribas Arbitrage SNC purchased a new stake in shares of GFL Environmental in the third quarter valued at $70,000. 64.70% of the stock is owned by institutional investors.

About GFL Environmental

(Get Free Report)

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.

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Earnings History for GFL Environmental (NYSE:GFL)

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