GFL Environmental Inc. (TSE:GFL) Senior Officer Jonathan Lucas (Luke) Pelosi Sells 62,872 Shares of Stock

GFL Environmental Inc. (TSE:GFL) Senior Officer Jonathan Lucas (Luke) Pelosi sold 62,872 shares of the stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of C$44.92, for a total value of C$2,824,210.24.

GFL Environmental Price Performance

Shares of TSE:GFL opened at C$44.84 on Thursday. The company has a debt-to-equity ratio of 130.18, a quick ratio of 0.57 and a current ratio of 0.84. The stock has a fifty day moving average of C$46.32 and a 200-day moving average of C$44.42. The company has a market capitalization of C$16.35 billion, a PE ratio of -344.92, a price-to-earnings-growth ratio of -0.76 and a beta of 1.18. GFL Environmental Inc. has a one year low of C$36.56 and a one year high of C$51.83.

GFL Environmental (TSE:GFL) last released its earnings results on Tuesday, February 20th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.24 by C($0.19). The business had revenue of C$1.88 billion during the quarter, compared to analyst estimates of C$1.85 billion. GFL Environmental had a net margin of 1.22% and a return on equity of 1.02%. As a group, equities analysts anticipate that GFL Environmental Inc. will post 1.2105832 EPS for the current fiscal year.

GFL Environmental Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th were issued a $0.019 dividend. The ex-dividend date of this dividend was Friday, April 12th. This represents a $0.08 dividend on an annualized basis and a yield of 0.17%. This is a positive change from GFL Environmental’s previous quarterly dividend of $0.02.

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.