Q3 EPS Forecast for GFL Environmental Decreased by Analyst

GFL Environmental Inc. (NYSE:GFL - Free Report) - Equities research analysts at Atb Cap Markets lowered their Q3 2025 earnings estimates for shares of GFL Environmental in a report issued on Tuesday, July 1st. Atb Cap Markets analyst C. Murray now anticipates that the company will earn $0.29 per share for the quarter, down from their previous estimate of $0.32. The consensus estimate for GFL Environmental's current full-year earnings is $0.58 per share. Atb Cap Markets also issued estimates for GFL Environmental's FY2025 earnings at $0.72 EPS, Q3 2026 earnings at $0.37 EPS and FY2026 earnings at $1.23 EPS.

Several other equities analysts also recently commented on the stock. Citigroup boosted their target price on shares of GFL Environmental from $53.00 to $56.00 and gave the stock a "buy" rating in a report on Thursday, May 22nd. UBS Group increased their price objective on shares of GFL Environmental from $50.00 to $57.00 and gave the company a "buy" rating in a report on Friday, April 4th. Scotiabank restated an "outperform" rating on shares of GFL Environmental in a research report on Monday, May 5th. Truist Financial boosted their target price on GFL Environmental from $54.00 to $58.00 and gave the stock a "buy" rating in a research report on Wednesday, April 2nd. Finally, National Bankshares restated an "outperform" rating on shares of GFL Environmental in a report on Tuesday, March 11th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $54.50.

GFL Environmental Price Performance

GFL stock traded down $0.14 during midday trading on Thursday, hitting $48.23. The company's stock had a trading volume of 1,076,642 shares, compared to its average volume of 1,459,835. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.89. GFL Environmental has a 12 month low of $37.00 and a 12 month high of $52.00. The company has a 50 day moving average of $49.69 and a two-hundred day moving average of $47.02. The firm has a market capitalization of $17.69 billion, a price-to-earnings ratio of 87.94 and a beta of 1.03.

GFL Environmental (NYSE:GFL - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.10). The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.52 billion. GFL Environmental had a return on equity of 3.93% and a net margin of 36.01%. The firm's revenue for the quarter was down 13.4% compared to the same quarter last year.

GFL Environmental Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, July 14th will be paid a dividend of $0.0154 per share. This represents a $0.06 annualized dividend and a yield of 0.13%. GFL Environmental's payout ratio is 1.23%.

Institutional Investors Weigh In On GFL Environmental

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Norges Bank purchased a new stake in shares of GFL Environmental in the fourth quarter worth approximately $126,420,000. Capital Research Global Investors increased its stake in GFL Environmental by 11.4% in the fourth quarter. Capital Research Global Investors now owns 26,973,784 shares of the company's stock worth $1,201,406,000 after purchasing an additional 2,751,618 shares during the period. FMR LLC boosted its stake in shares of GFL Environmental by 10.0% during the fourth quarter. FMR LLC now owns 27,664,678 shares of the company's stock valued at $1,233,223,000 after purchasing an additional 2,506,021 shares during the period. American Century Companies Inc. boosted its stake in shares of GFL Environmental by 87.2% during the first quarter. American Century Companies Inc. now owns 4,515,302 shares of the company's stock valued at $218,134,000 after purchasing an additional 2,102,663 shares during the period. Finally, Wellington Management Group LLP bought a new position in shares of GFL Environmental in the fourth quarter worth about $93,343,000. Hedge funds and other institutional investors own 64.70% of the company's stock.

About GFL Environmental

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.