GFL Environmental (GFL) Projected to Post Earnings on Monday

GFL Environmental (NYSE:GFL) is projected to post its quarterly earnings results after the market closes on Monday, February 24th. Analysts expect GFL Environmental to post earnings of $0.13 per share and revenue of $1.98 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

GFL Environmental Price Performance

Shares of NYSE:GFL opened at $46.36 on Friday. GFL Environmental has a 12 month low of $30.57 and a 12 month high of $48.87. The stock has a market cap of $18.24 billion, a price-to-earnings ratio of -34.86 and a beta of 1.17. The stock’s 50 day moving average price is $44.44 and its 200 day moving average price is $42.99. 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Monday, January 13th were given a $0.014 dividend. The ex-dividend date was Monday, January 13th. This represents a $0.06 annualized dividend and a yield of 0.12%. GFL Environmental’s dividend payout ratio (DPR) is -4.51%.

Analyst Ratings Changes

GFL has been the topic of several recent research reports. Raymond James lifted their price target on shares of GFL Environmental from $47.00 to $50.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. UBS Group increased their price objective on GFL Environmental from $47.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Scotiabank lowered their target price on GFL Environmental from $51.00 to $50.00 and set a “sector outperform” rating on the stock in a research note on Monday, January 27th. Truist Financial boosted their price objective on shares of GFL Environmental from $46.00 to $54.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Finally, Citigroup initiated coverage on shares of GFL Environmental in a research report on Monday, January 27th. They set a “buy” rating and a $53.00 price objective on the stock. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $49.00.

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.