Q2 EPS Estimate for Waste Connections Decreased by Analyst

Waste Connections, Inc. (NYSE:WCN) – Research analysts at William Blair lowered their Q2 2025 earnings estimates for shares of Waste Connections in a research report issued to clients and investors on Friday, April 25th. William Blair analyst T. Romeo now expects that the business services provider will earn $1.25 per share for the quarter, down from their previous forecast of $1.32. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Waste Connections’ current full-year earnings is $5.28 per share. William Blair also issued estimates for Waste Connections’ Q3 2025 earnings at $1.46 EPS, Q4 2025 earnings at $1.37 EPS, FY2025 earnings at $5.21 EPS, Q1 2026 earnings at $1.23 EPS, Q2 2026 earnings at $1.46 EPS, Q3 2026 earnings at $1.66 EPS, Q4 2026 earnings at $1.58 EPS and FY2026 earnings at $5.93 EPS.

Waste Connections (NYSE:WCN) last posted its earnings results on Wednesday, April 23rd. The business services provider reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.06. Waste Connections had a net margin of 6.92% and a return on equity of 15.54%. The business had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.22 billion. During the same period last year, the business posted $1.04 EPS. Waste Connections’s revenue was up 7.5% compared to the same quarter last year.

Other research analysts have also issued reports about the stock. Truist Financial set a $220.00 target price on shares of Waste Connections in a research note on Friday. Royal Bank of Canada reissued an “outperform” rating on shares of Waste Connections in a report on Friday. Morgan Stanley increased their price target on shares of Waste Connections from $214.00 to $219.00 and gave the company an “overweight” rating in a report on Friday, February 14th. StockNews.com downgraded shares of Waste Connections from a “buy” rating to a “hold” rating in a report on Friday, February 14th. Finally, Scotiabank increased their price target on shares of Waste Connections from $192.00 to $207.00 and gave the company a “sector perform” rating in a report on Tuesday, April 8th. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $206.57.

Waste Connections Stock Performance

NYSE:WCN opened at $194.00 on Monday. Waste Connections has a 1 year low of $160.34 and a 1 year high of $201.66. The firm’s fifty day simple moving average is $191.00 and its 200 day simple moving average is $185.09. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.03. The firm has a market capitalization of $50.12 billion, a PE ratio of 81.17, a PEG ratio of 3.07 and a beta of 0.67.

Waste Connections Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 7th will be paid a $0.315 dividend. The ex-dividend date is Wednesday, May 7th. This represents a $1.26 annualized dividend and a dividend yield of 0.65%. Waste Connections’s dividend payout ratio is currently 51.85%.

Institutional Investors Weigh In On Waste Connections

Large investors have recently modified their holdings of the stock. Private Trust Co. NA grew its stake in shares of Waste Connections by 153.3% in the 4th quarter. Private Trust Co. NA now owns 152 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 92 shares during the period. Manchester Capital Management LLC bought a new stake in Waste Connections during the 4th quarter worth approximately $26,000. Stonebridge Financial Group LLC bought a new stake in Waste Connections during the 4th quarter worth approximately $27,000. Aster Capital Management DIFC Ltd bought a new stake in Waste Connections during the 4th quarter worth approximately $28,000. Finally, Smartleaf Asset Management LLC grew its position in Waste Connections by 59.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 190 shares of the business services provider’s stock worth $33,000 after acquiring an additional 71 shares during the last quarter. 86.09% of the stock is currently owned by institutional investors.

Waste Connections Company Profile

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.