Scotiabank Forecasts Reduced Earnings for GFL Environmental

GFL Environmental Inc. (TSE:GFL) – Equities research analysts at Scotiabank lowered their FY2026 EPS estimates for shares of GFL Environmental in a report issued on Wednesday, March 19th. Scotiabank analyst K. Gupta now expects that the company will post earnings per share of $2.09 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 shares of GFL Environmental to a “strong-buy” rating in a research note on Monday, January 27th.

GFL Environmental Trading Down 0.3 %

Shares of GFL opened at C$68.61 on Monday. The company has a debt-to-equity ratio of 147.75, a current ratio of 0.58 and a quick ratio of 0.57. The firm has a 50 day simple moving average of C$64.64 and a 200-day simple moving average of C$61.58. GFL Environmental has a 1-year low of C$41.90 and a 1-year high of C$69.88. The stock has a market cap of C$26.48 billion, a price-to-earnings ratio of -45.03, a price-to-earnings-growth ratio of -0.76 and a beta of 1.03.

GFL Environmental Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 31st were paid a dividend of $0.014 per share. 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 -5.25%.

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.