Q1 2025 EPS Estimates for Republic Services, Inc. (NYSE:RSG) Raised by Analyst

Republic Services, Inc. (NYSE:RSG - Free Report) - Equities researchers at Zacks Research boosted their Q1 2025 earnings estimates for shares of Republic Services in a report issued on Tuesday, May 21st. Zacks Research analyst S. Dey now forecasts that the business services provider will earn $1.56 per share for the quarter, up from their prior forecast of $1.54. The consensus estimate for Republic Services' current full-year earnings is $6.05 per share. Zacks Research also issued estimates for Republic Services' Q3 2025 earnings at $1.70 EPS, FY2025 earnings at $6.64 EPS, Q1 2026 earnings at $1.72 EPS and FY2026 earnings at $7.55 EPS.

A number of other brokerages have also weighed in on RSG. Morgan Stanley lowered shares of Republic Services from an "overweight" rating to an "equal weight" rating and set a $199.00 price objective on the stock. in a report on Friday, March 15th. Jefferies Financial Group raised their price objective on shares of Republic Services from $213.00 to $225.00 and gave the company a "buy" rating in a report on Monday, March 18th. The Goldman Sachs Group raised their price objective on shares of Republic Services from $209.00 to $230.00 and gave the company a "buy" rating in a report on Tuesday, April 16th. Citigroup raised their price objective on shares of Republic Services from $190.00 to $215.00 and gave the company a "buy" rating in a report on Thursday, February 29th. Finally, Royal Bank of Canada started coverage on shares of Republic Services in a research report on Monday, April 8th. They issued a "sector perform" rating and a $198.00 target price on the stock. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $201.00.

Republic Services Stock Up 0.2 %

Republic Services stock traded up $0.29 during mid-day trading on Wednesday, reaching $186.77. 688,678 shares of the company's stock were exchanged, compared to its average volume of 1,209,569. Republic Services has a twelve month low of $140.07 and a twelve month high of $196.76. The company has a fifty day moving average of $188.78 and a 200-day moving average of $175.68. The company has a market cap of $58.82 billion, a P/E ratio of 32.78, a P/E/G ratio of 3.00 and a beta of 0.67. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.05.

Republic Services (NYSE:RSG - Get Free Report) last released its earnings results on Tuesday, April 30th. The business services provider reported $1.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.35 by $0.10. The company had revenue of $3.86 billion for the quarter, compared to analyst estimates of $3.89 billion. Republic Services had a net margin of 11.81% and a return on equity of 17.56%. The firm's quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.24 EPS.

Institutional Trading of Republic Services

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Allworth Financial LP lifted its stake in shares of Republic Services by 42.4% in the third quarter. Allworth Financial LP now owns 517 shares of the business services provider's stock valued at $74,000 after purchasing an additional 154 shares during the period. Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of Republic Services by 8.8% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,422 shares of the business services provider's stock valued at $630,000 after purchasing an additional 358 shares during the period. Compass Ion Advisors LLC acquired a new stake in shares of Republic Services in the third quarter valued at about $284,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in shares of Republic Services by 10.0% in the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,982 shares of the business services provider's stock valued at $282,000 after purchasing an additional 181 shares during the period. Finally, Private Advisor Group LLC lifted its stake in shares of Republic Services by 14.0% in the third quarter. Private Advisor Group LLC now owns 19,389 shares of the business services provider's stock valued at $2,763,000 after purchasing an additional 2,381 shares during the period. Hedge funds and other institutional investors own 57.73% of the company's stock.

Insiders Place Their Bets

In other Republic Services news, CEO Ark Jon Vander sold 5,446 shares of the firm's stock in a transaction on Monday, March 4th. The shares were sold at an average price of $184.10, for a total transaction of $1,002,608.60. Following the transaction, the chief executive officer now directly owns 85,113 shares of the company's stock, valued at approximately $15,669,303.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Ark Jon Vander sold 5,446 shares of Republic Services stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $184.10, for a total value of $1,002,608.60. Following the sale, the chief executive officer now owns 85,113 shares of the company's stock, valued at $15,669,303.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CMO Amanda Hodges sold 6,500 shares of Republic Services stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $186.02, for a total transaction of $1,209,130.00. Following the completion of the sale, the chief marketing officer now directly owns 6,831 shares in the company, valued at approximately $1,270,702.62. The disclosure for this sale can be found here. 0.09% of the stock is currently owned by insiders.

Republic Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Tuesday, July 2nd will be given a dividend of $0.535 per share. This represents a $2.14 annualized dividend and a yield of 1.15%. The ex-dividend date is Tuesday, July 2nd. Republic Services's payout ratio is currently 37.54%.

Republic Services Company Profile

Republic Services, Inc, together with its subsidiaries, offers environmental services in the United States and Canada. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions.