FY2026 EPS Forecast for GFL Environmental Lifted by Analyst

GFL Environmental Inc. (NYSE:GFL) – Equities researchers at Scotiabank upped their FY2026 earnings estimates for GFL Environmental in a report released on Thursday, September 10th. Scotiabank analyst K. Gupta now expects that the company will earn $0.61 per share for the year, up from their previous forecast of $0.50. Scotiabank has a “Sector Outperform” rating and a $57.00 price objective on the stock. The consensus estimate for GFL Environmental’s current full-year earnings is $0.65 per share. Scotiabank also issued estimates for GFL Environmental’s FY2027 earnings at $1.09 EPS.

Several other analysts also recently weighed in on the company. Barclays assumed coverage on GFL Environmental in a research report on Wednesday, September 2nd. They issued an “overweight” rating and a $58.00 price objective for the company. Citigroup set a $51.00 target price on shares of GFL Environmental and gave the stock a “buy” rating in a research note on Monday, July 6th. Weiss Ratings upgraded shares of GFL Environmental from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 26th. Zacks Research lowered shares of GFL Environmental from a “strong-buy” rating to a “hold” rating in a report on Friday, May 22nd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of GFL Environmental from $40.00 to $41.00 and gave the company an “underweight” rating in a research report on Thursday, July 16th. Twelve equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, GFL Environmental presently has an average rating of “Moderate Buy” and a consensus price target of $55.44.

GFL Environmental Trading Down 0.5%

NYSE GFL opened at $42.62 on Tuesday. The firm has a market cap of $15.38 billion, a PE ratio of -80.42, a price-to-earnings-growth ratio of 2.78 and a beta of 0.68. GFL Environmental has a 1-year low of $33.33 and a 1-year high of $48.07. The stock has a 50-day moving average of $41.05 and a 200-day moving average of $39.81. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 1.34.

GFL Environmental (NYSE:GFL) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.03). The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.33 billion. GFL Environmental had a negative net margin of 3.28% and a positive return on equity of 4.14%. The firm’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same period last year, the business posted $0.26 earnings per share.

Institutional Trading of GFL Environmental

Institutional investors and hedge funds have recently bought and sold shares of the stock. Tidal Investments LLC grew its holdings in shares of GFL Environmental by 15.6% during the 2nd quarter. Tidal Investments LLC now owns 27,465 shares of the company’s stock worth $1,010,000 after acquiring an additional 3,707 shares during the period. C WorldWide Group Holding A S lifted its stake in shares of GFL Environmental by 16.2% in the 2nd quarter. C WorldWide Group Holding A S now owns 34,410 shares of the company’s stock valued at $1,266,000 after purchasing an additional 4,795 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of GFL Environmental during the second quarter valued at approximately $31,000. Maven Securities LTD boosted its position in shares of GFL Environmental by 18.7% during the second quarter. Maven Securities LTD now owns 143,198 shares of the company’s stock valued at $5,268,000 after purchasing an additional 22,551 shares in the last quarter. Finally, Nykredit A S purchased a new stake in GFL Environmental in the second quarter worth $738,000. 64.70% of the stock is currently owned by hedge funds and other institutional investors.

GFL Environmental Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Monday, July 13th were given a dividend of $0.0169 per share. The ex-dividend date was Monday, July 13th. This represents a $0.07 annualized dividend and a dividend yield of 0.2%. GFL Environmental’s payout ratio is currently -11.32%.

About GFL Environmental

GFL Environmental Inc is an environmental services company that provides waste management and infrastructure services to residential, commercial, industrial, municipal and institutional customers. Its operations include the collection, transfer, processing, recycling and disposal of solid waste, as well as the management of organic materials and other waste streams.

The company also provides environmental and infrastructure-related services, including soil remediation, dewatering, excavation, demolition and other site services.