Republic Services (NYSE:RSG) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Key Points

• Royal Bank of Canada raised Republic Services’ price target from $272 to $277 and maintained an “outperform” rating, implying 13.13% upside from the prior close.
• Analyst sentiment is generally positive: 13 analysts rate the stock a Buy and nine a Hold, resulting in a “Moderate Buy” consensus rating and an average target price of $244.18.
• Republic Services exceeded quarterly expectations, reporting $1.94 in EPS and $4.56 billion in revenue, with revenue up 8.2% year over year. Shares recently traded at $244.84, near the company’s 12-month high of $249.37.

Republic Services (NYSE:RSG - Get Free Report) had its price objective raised by Royal Bank Of Canada from $272.00 to $277.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm presently has an "outperform" rating on the business services provider's stock. Royal Bank Of Canada's target price would suggest a potential upside of 13.13% from the stock's previous close.

Several other brokerages have also recently issued reports on RSG. Barclays boosted their price objective on shares of Republic Services from $233.00 to $240.00 and gave the company an "equal weight" rating in a research note on Friday, August 7th. Weiss Ratings upgraded shares of Republic Services from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, August 21st. Canadian Imperial Bank of Commerce lowered their target price on shares of Republic Services from $249.00 to $240.00 and set an "outperform" rating on the stock in a report on Thursday, October 8th. Robert W. Baird boosted their price target on shares of Republic Services from $242.00 to $245.00 and gave the stock a "neutral" rating in a research note on Thursday, October 22nd. Finally, UBS Group increased their price target on shares of Republic Services from $233.00 to $235.00 and gave the stock a "neutral" rating in a report on Tuesday, August 11th. Thirteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. Based on data from MarketBeat, Republic Services has an average rating of "Moderate Buy" and an average target price of $244.18.

Republic Services Stock Performance

NYSE RSG traded up $8.56 on Friday, reaching $244.84. The stock had a trading volume of 695,092 shares, compared to its average volume of 1,521,605. The stock has a market cap of $74.97 billion, a P/E ratio of 34.59, a price-to-earnings-growth ratio of 3.75 and a beta of 0.39. The business's 50-day moving average price is $221.99 and its 200 day moving average price is $216.64. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.64 and a current ratio of 0.64. Republic Services has a 12-month low of $196.41 and a 12-month high of $249.37.

Republic Services (NYSE:RSG - Get Free Report) last issued its quarterly earnings data on Friday, October 30th. The business services provider reported $1.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $0.01. Republic Services had a net margin of 12.94% and a return on equity of 18.69%. The company had revenue of $4.56 billion for the quarter, compared to the consensus estimate of $4.42 billion. During the same period last year, the firm posted $1.90 EPS. Republic Services's revenue for the quarter was up 8.2% on a year-over-year basis. As a group, equities analysts expect that Republic Services will post 7.26 earnings per share for the current year.

Insider Transactions at Republic Services

In other news, major shareholder Cascade Investment, L.L.C. bought 409,500 shares of the firm's stock in a transaction on Tuesday, September 8th. The shares were bought at an average cost of $221.49 per share, for a total transaction of $90,700,155.00. Following the completion of the transaction, the insider owned 116,166,330 shares in the company, valued at $25,729,680,431.70. This trade represents a 0.35% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders acquired 6,254,462 shares of company stock worth $1,380,321,958 over the last ninety days. Insiders own 0.12% of the company's stock.

Institutional Investors Weigh In On Republic Services

Several institutional investors and hedge funds have recently made changes to their positions in RSG. Bell Investment Advisors Inc purchased a new stake in shares of Republic Services in the second quarter valued at about $25,000. Laurel Wealth Advisors LLC acquired a new position in shares of Republic Services during the 3rd quarter worth approximately $25,000. Edmond DE Rothschild Holding S.A. acquired a new position in shares of Republic Services during the 2nd quarter worth approximately $27,000. Compass Financial Management LLC purchased a new stake in Republic Services in the 2nd quarter valued at approximately $27,000. Finally, Annis Gardner Whiting Capital Advisors LLC grew its holdings in Republic Services by 47.3% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 162 shares of the business services provider's stock valued at $35,000 after buying an additional 52 shares during the last quarter. 57.73% of the stock is currently owned by hedge funds and other institutional investors.

Key Republic Services News

Here are the key news stories impacting Republic Services this week:

• Positive Sentiment: Q3 results exceeded expectations: Republic Services reported $4.56 billion in revenue, up 8.2% year over year and above the roughly $4.42 billion consensus estimate. Adjusted EPS was $1.94, ahead of estimates near $1.92-$1.93 and up from $1.90 a year earlier. Republic Services Reports Third Quarter 2026 Results
• Positive Sentiment: Full-year outlook is above consensus: Management now expects 2026 revenue of approximately $17.425 billion to $17.475 billion, compared with a FactSet estimate of about $17.33 billion. Executives cited continued momentum in environmental solutions and operational improvements. Republic Services 2026 Revenue Outlook
• Positive Sentiment: $5 billion buyback authorized: The board approved a new authorization for share repurchases, potentially supporting per-share earnings and signaling management’s confidence in the company’s cash-generation capacity. Republic also generated $3.52 billion in year-to-date operating cash flow and $2.28 billion in adjusted free cash flow. Republic Services Announces $5 Billion Buyback
• Positive Sentiment: Capital returns remain steady: Republic declared a quarterly dividend of $0.67 per share, or $2.68 annually, representing a yield of approximately 1.1%. The company has also invested about $1.1 billion in acquisitions year to date. Republic Services Dividend Announcement
• Neutral Sentiment: Valuation may limit further upside: Commentary noted that RSG’s shares appear near fair value after reaching levels close to the 52-week high. Its elevated earnings multiple makes continued execution and guidance delivery important for additional gains. Republic Services Valuation Commentary
• Negative Sentiment: Labor relations bear monitoring: Workers at Republic’s Salinas operation voted to join Teamsters Local 350. The immediate financial impact is unclear, but unionization could introduce future labor-cost or negotiation risks. Republic Services Salinas Workers Join Teamsters

Republic Services Company Profile

Republic Services, Inc is an environmental services company that provides waste collection, recycling and disposal solutions for residential, commercial, industrial and municipal customers. Its services include curbside collection, dumpster and roll-off container services, transfer station operations, landfill management and recycling processing.

The company also provides specialized environmental services, including hazardous waste management, emergency response, remediation and other sustainability-related solutions for businesses and government organizations.

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