Equities Analysts Issue Forecasts for GFL FY2026 Earnings

GFL Environmental Inc. (NYSE:GFL) – Equities research analysts at Scotiabank cut their FY2026 EPS estimates for shares of GFL Environmental in a note issued to investors on Wednesday, March 19th. Scotiabank analyst K. Gupta now forecasts that the company will earn $1.46 per share for the year, down from their previous estimate of $1.55. Scotiabank has a “Sector Outperform” rating and a $52.00 price objective on the stock. The consensus estimate for GFL Environmental’s current full-year earnings is $0.58 per share.

GFL Environmental (NYSE:GFL) last issued its quarterly earnings data on Monday, February 24th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.13 by $0.03. The business had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.98 billion. GFL Environmental had a negative net margin of 7.54% and a positive return on equity of 3.50%.

A number of other brokerages also recently issued reports on GFL. National Bankshares reaffirmed an “outperform” rating on shares of GFL Environmental in a report on Tuesday, March 11th. Stifel Nicolaus raised shares of GFL Environmental from a “hold” rating to a “buy” rating in a report on Tuesday, February 25th. Citigroup initiated coverage on shares of GFL Environmental in a report on Monday, January 27th. They set a “buy” rating and a $53.00 price target on the stock. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $53.00 price target on shares of GFL Environmental in a report on Monday, February 24th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, GFL Environmental presently has a consensus rating of “Moderate Buy” and a consensus target price of $49.63.

GFL Environmental Stock Down 0.4 %

NYSE:GFL opened at $47.87 on Monday. The firm’s 50-day moving average price is $45.06 and its 200-day moving average price is $43.68. The company has a market capitalization of $18.83 billion, a PE ratio of -35.99 and a beta of 1.16. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.58 and a quick ratio of 0.58. GFL Environmental has a 1-year low of $30.57 and a 1-year high of $48.87.

GFL Environmental Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Monday, January 13th were paid a dividend of $0.014 per share. This represents a $0.06 dividend on an annualized basis and a yield of 0.12%. The ex-dividend date of this dividend was Monday, January 13th. GFL Environmental’s payout ratio is -3.23%.

Institutional Investors Weigh In On GFL Environmental

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Lansforsakringar Fondforvaltning AB publ bought a new stake in GFL Environmental during the 4th quarter worth approximately $2,203,000. Polar Asset Management Partners Inc. raised its stake in GFL Environmental by 241.7% during the 4th quarter. Polar Asset Management Partners Inc. now owns 119,951 shares of the company’s stock worth $5,344,000 after acquiring an additional 84,851 shares during the period. Mackenzie Financial Corp raised its stake in GFL Environmental by 74.2% during the 4th quarter. Mackenzie Financial Corp now owns 231,348 shares of the company’s stock worth $10,302,000 after acquiring an additional 98,539 shares during the period. Public Employees Retirement System of Ohio raised its stake in GFL Environmental by 21.0% during the 4th quarter. Public Employees Retirement System of Ohio now owns 18,985 shares of the company’s stock worth $846,000 after acquiring an additional 3,295 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of GFL Environmental by 151.6% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 444,684 shares of the company’s stock valued at $19,806,000 after buying an additional 267,932 shares during the last quarter. Institutional investors own 64.70% of the company’s stock.

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.