FY2025 EPS Estimates for TSE:GFL Increased by Analyst

GFL Environmental Inc. (TSE:GFL) – Equities researchers at National Bank Financial increased their FY2025 EPS estimates for GFL Environmental in a research note issued on Thursday, November 7th. National Bank Financial analyst R. Merer now anticipates that the company will earn $1.11 per share for the year, up from their previous forecast of $0.97. The consensus estimate for GFL Environmental’s current full-year earnings is $1.69 per share.

GFL Environmental (TSE:GFL) last issued its quarterly earnings results on Wednesday, November 6th. The company reported C$0.33 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.32 by C$0.01. GFL Environmental had a negative net margin of 8.83% and a negative return on equity of 9.83%. The company had revenue of C$2.01 billion for the quarter, compared to the consensus estimate of C$2.06 billion.

Separately, Scotiabank raised GFL Environmental to a “strong-buy” rating in a report on Friday, October 4th.

GFL Environmental Stock Down 1.9 %

Shares of TSE GFL opened at C$61.61 on Monday. The business’s fifty day moving average price is C$55.94 and its 200-day moving average price is C$52.54. GFL Environmental has a one year low of C$36.56 and a one year high of C$64.60. The company has a debt-to-equity ratio of 145.69, a current ratio of 0.89 and a quick ratio of 0.57. The stock has a market capitalization of C$23.46 billion, a PE ratio of -30.05, a P/E/G ratio of -0.76 and a beta of 1.03.

Insiders Place Their Bets

In related news, Director Patrick Joseph Dovigi sold 600,000 shares of GFL Environmental stock in a transaction on Friday, September 6th. The shares were sold at an average price of C$53.39, for a total value of C$32,036,634.00. In other news, Senior Officer Jonathan Lucas (Luke) Pelosi sold 43,931 shares of the stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of C$54.83, for a total value of C$2,408,604.94. Also, Director Patrick Joseph Dovigi sold 600,000 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of C$53.39, for a total value of C$32,036,634.00. Insiders sold a total of 687,224 shares of company stock valued at $36,805,967 over the last quarter. 2.96% of the stock is owned by corporate insiders.

GFL Environmental Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Thursday, October 31st were given a dividend of $0.019 per share. The ex-dividend date was Wednesday, October 16th. This represents a $0.08 dividend on an annualized basis and a yield of 0.12%. GFL Environmental’s payout ratio is -3.90%.

GFL Environmental Company Profile

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.