Republic Services, Inc. (NYSE:RSG) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Republic Services has a “Moderate Buy” consensus rating from 22 brokerages, with 12 analysts recommending buy and 10 recommending hold. The average 12-month price target is $245.26, above the reported share price of $214.03.
• The company exceeded quarterly expectations, reporting $1.85 in EPS versus the $1.81 consensus and $4.43 billion in revenue, up 4.6% year over year. Analysts expect full-year 2026 EPS of approximately $7.27.
• Republic Services raised its quarterly dividend to $0.67 per share from $0.62, equivalent to an annualized $2.68 payout and a 1.3% yield. Insiders also purchased more than 6.25 million shares over the past 90 days.

Republic Services, Inc. (NYSE:RSG - Get Free Report) has earned an average recommendation of "Moderate Buy" from the twenty-two brokerages that are covering the stock, Marketbeat Ratings reports. Ten investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $245.2632.

Several equities research analysts recently weighed in on RSG shares. UBS Group lifted their price objective on Republic Services from $233.00 to $235.00 and gave the stock a "neutral" rating in a report on Tuesday, August 11th. Weiss Ratings upgraded shares of Republic Services from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, August 21st. Morgan Stanley set a $232.00 price target on shares of Republic Services in a research report on Friday, August 7th. Barclays raised their price objective on shares of Republic Services from $233.00 to $240.00 and gave the stock an "equal weight" rating in a report on Friday, August 7th. Finally, Citigroup boosted their target price on shares of Republic Services from $247.00 to $259.00 and gave the company a "buy" rating in a report on Friday, July 10th.

Republic Services Trading Down 1.9%

Shares of RSG stock opened at $214.03 on Tuesday. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.12. The firm has a market cap of $65.54 billion, a P/E ratio of 30.32, a PEG ratio of 3.61 and a beta of 0.40. The company has a 50 day moving average of $218.27 and a 200-day moving average of $214.94. Republic Services has a 12-month low of $196.41 and a 12-month high of $233.42.

Republic Services (NYSE:RSG - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.85 EPS for the quarter, beating the consensus estimate of $1.81 by $0.04. Republic Services had a return on equity of 18.69% and a net margin of 12.94%.The business had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.36 billion. During the same quarter in the prior year, the business earned $1.77 earnings per share. Republic Services's revenue for the quarter was up 4.6% on a year-over-year basis. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. Sell-side analysts anticipate that Republic Services will post 7.27 earnings per share for the current year.

Republic Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, October 2nd. This is a positive change from Republic Services's previous quarterly dividend of $0.62. Republic Services's dividend payout ratio is presently 35.41%.

Insiders Place Their Bets

In other news, major shareholder Cascade Investment, L.L.C. purchased 409,500 shares of the stock in a transaction dated Tuesday, September 8th. The shares were purchased at an average cost of $221.49 per share, with a total value of $90,700,155.00. Following the completion of the acquisition, the insider owned 116,166,330 shares in the company, valued at $25,729,680,431.70. This represents a 0.35% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last ninety days, insiders bought 6,254,462 shares of company stock worth $1,380,321,958. 0.12% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Republic Services in the 2nd quarter worth $3,798,092,000. Bank of America Corp DE purchased a new position in Republic Services in the second quarter worth $682,573,000. Norges Bank bought a new position in Republic Services in the fourth quarter valued at $617,165,000. Capital World Investors raised its position in Republic Services by 27.7% during the fourth quarter. Capital World Investors now owns 8,765,623 shares of the business services provider's stock valued at $1,857,698,000 after purchasing an additional 1,899,183 shares in the last quarter. Finally, Legal & General Group Plc bought a new stake in Republic Services during the second quarter worth about $245,506,000. 57.73% of the stock is owned by institutional investors.

About Republic Services

Republic Services, Inc is a provider of non-hazardous solid waste collection, transfer, disposal and recycling services. The company serves residential, commercial, industrial and municipal customers, offering scheduled and on-demand waste pickup, roll-off containers, transfer-station services and landfill disposal.

Its recycling and environmental services include the collection and processing of recyclable materials, organics management, waste reduction programs and related sustainability solutions.

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