Republic Services (NYSE:RSG) Releases FY 2026 Earnings Guidance

Republic Services (NYSE:RSG) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 7.230-7.280 for the period, compared to the consensus earnings per share estimate of 7.290. The company issued revenue guidance of $17.2 billion-$17.3 billion, compared to the consensus revenue estimate of $17.2 billion.

Republic Services Trading Up 1.1%

RSG stock traded up $2.33 during midday trading on Thursday, reaching $209.35. 1,437,580 shares of the company’s stock traded hands, compared to its average volume of 1,341,807. Republic Services has a fifty-two week low of $196.41 and a fifty-two week high of $238.62. The business has a 50-day moving average price of $212.75 and a two-hundred day moving average price of $214.95. The company has a market capitalization of $64.41 billion, a P/E ratio of 30.04, a PEG ratio of 3.46 and a beta of 0.40. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.67 and a quick ratio of 0.67.

Republic Services (NYSE:RSG) last announced its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.04. The firm had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $4.36 billion. Republic Services had a return on equity of 18.57% and a net margin of 13.00%.The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.77 EPS. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. Equities research analysts forecast that Republic Services will post 7.29 EPS for the current fiscal year.

Republic Services Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, October 2nd. This is an increase from Republic Services’s previous quarterly dividend of $0.62. Republic Services’s dividend payout ratio (DPR) is 35.87%.

Analysts Set New Price Targets

Several analysts have issued reports on RSG shares. Citigroup increased their price objective on shares of Republic Services from $247.00 to $259.00 and gave the company a “buy” rating in a research report on Friday, July 10th. JPMorgan Chase & Co. boosted their price objective on shares of Republic Services from $233.00 to $245.00 and gave the stock a “neutral” rating in a report on Friday, April 10th. Weiss Ratings restated a “hold (c+)” rating on shares of Republic Services in a research note on Friday, July 24th. Barclays lifted their target price on Republic Services from $227.00 to $233.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating and set a $249.00 price objective on shares of Republic Services in a report on Friday, May 8th. Eleven analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $243.89.

Insider Activity at Republic Services

In other Republic Services news, Director Sandra M. Volpe sold 1,800 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $211.28, for a total transaction of $380,304.00. Following the completion of the transaction, the director directly owned 58 shares of the company’s stock, valued at $12,254.24. The trade was a 96.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Cascade Investment, L.L.C. bought 366,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were acquired at an average cost of $202.24 per share, for a total transaction of $74,019,840.00. Following the purchase, the insider directly owned 110,315,982 shares in the company, valued at $22,310,304,199.68. This represents a 0.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought 987,150 shares of company stock valued at $202,366,682 over the last ninety days. Corporate insiders own 0.12% of the company’s stock.

Institutional Investors Weigh In On Republic Services

A number of institutional investors and hedge funds have recently bought and sold shares of RSG. Brighton Jones LLC lifted its stake in Republic Services by 75.8% in the fourth quarter. Brighton Jones LLC now owns 19,822 shares of the business services provider’s stock valued at $3,988,000 after buying an additional 8,547 shares in the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of Republic Services during the fourth quarter worth $110,000. Transamerica Financial Advisors LLC raised its holdings in shares of Republic Services by 96.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 352 shares of the business services provider’s stock worth $75,000 after acquiring an additional 173 shares during the period. Quarry LP lifted its position in Republic Services by 1,165.4% in the 4th quarter. Quarry LP now owns 658 shares of the business services provider’s stock valued at $139,000 after acquiring an additional 606 shares in the last quarter. Finally, Acumen Wealth Advisors LLC bought a new stake in Republic Services in the 4th quarter valued at $191,000. 57.73% of the stock is owned by institutional investors and hedge funds.

About Republic Services

Republic Services, Inc is a leading provider of non-hazardous solid waste and recycling services in the United States. The company offers a broad range of waste management solutions to residential, commercial, industrial and municipal customers, positioning itself as a full-service partner for everyday waste collection as well as specialized disposal needs.

Republic’s core operations include curbside and commercial collection, transfer and hauling, materials recovery and recycling facilities, and landfill disposal.