What is Scotiabank's Estimate for GFL FY2026 Earnings?

Key Points

• Scotiabank forecasts GFL Environmental will earn $0.77 per share in FY2026 and $1.17 per share in FY2027. It maintains a “Sector Outperform” rating and a $56 price target.
• The FY2026 estimate is above the article’s cited current full-year consensus estimate of $0.55 per share.
• GFL’s latest quarterly EPS of $0.19 matched consensus; revenue was $2.16 billion, compared with analysts’ expectations of $1.49 billion.

GFL Environmental Inc. (NYSE:GFL - Free Report) - Scotiabank issued their FY2026 earnings per share estimates for GFL Environmental in a note issued to investors on Monday, November 2nd. Scotiabank analyst K. Gupta expects that the company will earn $0.77 per share for the year. Scotiabank currently has a "Sector Outperform" rating and a $56.00 target price on the stock. The consensus estimate for GFL Environmental's current full-year earnings is $0.55 per share. Scotiabank also issued estimates for GFL Environmental's FY2027 earnings at $1.17 EPS.

GFL Environmental (NYSE:GFL - Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The company reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19. GFL Environmental had a positive return on equity of 3.84% and a negative net margin of 4.93%. The business had revenue of $2.16 billion during the quarter, compared to analysts' expectations of $1.49 billion.

Other equities research analysts have also recently issued research reports about the stock. Canadian Imperial Bank of Commerce reissued an "outperform" rating on shares of GFL Environmental in a research report on Monday, August 31st. JPMorgan Chase & Co. raised their price target on shares of GFL Environmental from $41.00 to $42.00 and gave the stock an "underweight" rating in a research report on Wednesday, October 21st. Jefferies Financial Group reiterated a "buy" rating on shares of GFL Environmental in a research note on Friday, October 30th. Weiss Ratings raised shares of GFL Environmental from a "sell (d)" rating to a "sell (d+)" rating in a report on Wednesday, August 26th. Finally, Wolfe Research initiated coverage on shares of GFL Environmental in a research report on Tuesday, September 15th. They set an "outperform" rating and a $77.00 target price on the stock. Eleven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, GFL Environmental currently has an average rating of "Moderate Buy" and an average target price of $57.60.

GFL Environmental Stock Up 1.8%

GFL stock opened at $46.10 on Friday. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.93 and a quick ratio of 0.75. The stock has a market capitalization of $16.64 billion, a price-to-earnings ratio of 69.68, a PEG ratio of 3.47 and a beta of 0.68. The business's fifty day moving average price is $43.08 and its two-hundred day moving average price is $40.90. GFL Environmental has a fifty-two week low of $33.33 and a fifty-two week high of $46.76.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Greenleaf Trust increased its stake in shares of GFL Environmental by 2.2% in the 3rd quarter. Greenleaf Trust now owns 12,964 shares of the company's stock valued at $542,000 after purchasing an additional 274 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of GFL Environmental by 36.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,335 shares of the company's stock worth $56,000 after buying an additional 360 shares during the last quarter. Signaturefd LLC lifted its position in shares of GFL Environmental by 17.7% during the 3rd quarter. Signaturefd LLC now owns 3,119 shares of the company's stock worth $130,000 after buying an additional 468 shares during the last quarter. WPG Advisers LLC lifted its position in shares of GFL Environmental by 45.4% during the 3rd quarter. WPG Advisers LLC now owns 1,530 shares of the company's stock worth $64,000 after buying an additional 478 shares during the last quarter. Finally, Versant Capital Management Inc boosted its stake in GFL Environmental by 40.4% in the third quarter. Versant Capital Management Inc now owns 2,527 shares of the company's stock valued at $106,000 after buying an additional 727 shares in the last quarter. Institutional investors own 64.70% of the company's stock.

GFL Environmental Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 14th were issued a dividend of $0.0169 per share. This represents a $0.07 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Wednesday, October 14th. GFL Environmental's dividend payout ratio is -8.86%.

GFL Environmental Company Profile

GFL Environmental Inc is a Canadian environmental services company that provides waste management and related infrastructure services to municipal, residential, commercial, industrial and institutional customers. The company's operations include the collection, transfer, processing, recycling and disposal of non-hazardous solid waste, as well as organics and other resource-recovery services.

GFL also provides infrastructure and soil remediation services, including the management of contaminated materials and related environmental projects.

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