FY2025 Earnings Estimate for Waste Connections, Inc. (NYSE:WCN) Issued By Zacks Research

Waste Connections, Inc. (NYSE:WCN - Free Report) - Stock analysts at Zacks Research boosted their FY2025 earnings per share (EPS) estimates for shares of Waste Connections in a report released on Tuesday, May 14th. Zacks Research analyst R. Department now expects that the business services provider will post earnings per share of $6.10 for the year, up from their prior forecast of $5.36. The consensus estimate for Waste Connections' current full-year earnings is $4.85 per share. Zacks Research also issued estimates for Waste Connections' Q1 2026 earnings at $1.74 EPS and FY2026 earnings at $7.09 EPS.

Waste Connections (NYSE:WCN - Get Free Report) last issued its quarterly earnings results on Wednesday, April 24th. The business services provider reported $1.04 earnings per share for the quarter, topping analysts' consensus estimates of $1.02 by $0.02. The business had revenue of $2.07 billion for the quarter, compared to analyst estimates of $2.05 billion. Waste Connections had a return on equity of 14.66% and a net margin of 9.70%. The company's revenue was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.89 earnings per share.

Several other equities analysts also recently issued reports on WCN. CIBC upped their target price on Waste Connections from $175.00 to $195.00 and gave the company a "buy" rating in a research report on Thursday, February 15th. Royal Bank of Canada decreased their target price on Waste Connections from $196.00 to $195.00 and set an "outperform" rating for the company in a report on Friday, April 26th. UBS Group downgraded shares of Waste Connections from a "buy" rating to a "neutral" rating and increased their price target for the stock from $170.00 to $181.00 in a report on Thursday, February 29th. Oppenheimer lifted their price objective on shares of Waste Connections from $170.00 to $180.00 and gave the company an "outperform" rating in a research note on Monday, March 18th. Finally, Scotiabank boosted their target price on shares of Waste Connections from $146.50 to $179.00 and gave the company a "sector perform" rating in a research report on Thursday, February 15th. Six equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $179.33.

Waste Connections Stock Performance

Waste Connections stock traded up $0.92 during mid-day trading on Friday, reaching $167.59. 599,976 shares of the company traded hands, compared to its average volume of 904,187. The firm's fifty day moving average is $167.45 and its two-hundred day moving average is $154.94. The company has a market capitalization of $43.24 billion, a price-to-earnings ratio of 54.04, a price-to-earnings-growth ratio of 2.67 and a beta of 0.67. Waste Connections has a fifty-two week low of $126.12 and a fifty-two week high of $173.02. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.75 and a quick ratio of 0.75.

Waste Connections Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 23rd. Shareholders of record on Wednesday, May 8th will be issued a dividend of $0.285 per share. This represents a $1.14 annualized dividend and a yield of 0.68%. The ex-dividend date is Tuesday, May 7th. Waste Connections's payout ratio is 37.01%.

Insider Activity

In related news, Director Andrea E. Bertone sold 902 shares of the company's stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $169.17, for a total transaction of $152,591.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Michael W. Harlan sold 1,500 shares of the company's stock in a transaction on Friday, May 10th. The shares were sold at an average price of $167.59, for a total transaction of $251,385.00. Following the completion of the sale, the director now owns 8,004 shares of the company's stock, valued at $1,341,390.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Andrea E. Bertone sold 902 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $169.17, for a total transaction of $152,591.34. The disclosure for this sale can be found here. Insiders have sold a total of 4,402 shares of company stock worth $735,976 over the last 90 days. 0.31% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Waste Connections

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Pacifica Partners Inc. acquired a new position in shares of Waste Connections during the 4th quarter worth approximately $25,000. Hexagon Capital Partners LLC boosted its stake in Waste Connections by 116.2% during the first quarter. Hexagon Capital Partners LLC now owns 160 shares of the business services provider's stock worth $28,000 after buying an additional 86 shares during the last quarter. OFI Invest Asset Management purchased a new stake in Waste Connections in the 1st quarter valued at $32,000. Headinvest LLC acquired a new stake in shares of Waste Connections in the 3rd quarter worth $36,000. Finally, Operose Advisors LLC purchased a new position in shares of Waste Connections during the 3rd quarter worth $40,000. 86.09% of the stock is currently owned by institutional investors and hedge funds.

About Waste Connections

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.