Q1 EPS Forecast for Waste Connections Raised by Analyst

Waste Connections, Inc. (NYSE:WCN - Free Report) - Investment analysts at Atb Cap Markets lifted their Q1 2026 earnings per share (EPS) estimates for shares of Waste Connections in a report released on Tuesday, July 1st. Atb Cap Markets analyst C. Murray now forecasts that the business services provider will earn $1.26 per share for the quarter, up from their previous forecast of $1.19. The consensus estimate for Waste Connections' current full-year earnings is $5.28 per share. Atb Cap Markets also issued estimates for Waste Connections' Q4 2026 earnings at $1.52 EPS and FY2026 earnings at $5.94 EPS.

Several other research analysts have also recently issued reports on the company. Scotiabank increased their price objective on Waste Connections from $192.00 to $207.00 and gave the stock a "sector perform" rating in a research report on Tuesday, April 8th. Seaport Res Ptn upgraded Waste Connections to a "strong-buy" rating in a research report on Tuesday, May 6th. William Blair initiated coverage on Waste Connections in a research report on Thursday, April 3rd. They issued an "outperform" rating for the company. National Bank Financial upgraded Waste Connections to a "strong-buy" rating in a research report on Monday, May 26th. Finally, Citigroup upped their target price on Waste Connections from $209.00 to $212.00 and gave the company a "neutral" rating in a report on Tuesday, April 29th. Four investment analysts have rated the stock with a hold rating, twelve have given a buy rating and four have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $212.29.

Waste Connections Price Performance

NYSE:WCN traded up $1.56 during trading hours on Friday, hitting $182.29. The company's stock had a trading volume of 1,632,197 shares, compared to its average volume of 1,013,412. The business's 50-day moving average is $191.12 and its two-hundred day moving average is $187.56. The company has a market capitalization of $47.10 billion, a PE ratio of 75.02, a PEG ratio of 3.14 and a beta of 0.60. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.70 and a current ratio of 0.70. Waste Connections has a 52-week low of $169.36 and a 52-week high of $201.66.

Waste Connections (NYSE:WCN - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $1.13 EPS for the quarter, beating the consensus estimate of $1.07 by $0.06. The firm had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.22 billion. Waste Connections had a return on equity of 15.74% and a net margin of 6.93%. The firm's revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.04 EPS.

Institutional Trading of Waste Connections

A number of large investors have recently made changes to their positions in WCN. Private Trust Co. NA lifted its position in Waste Connections by 153.3% during the fourth quarter. Private Trust Co. NA now owns 152 shares of the business services provider's stock worth $26,000 after buying an additional 92 shares during the period. Aster Capital Management DIFC Ltd purchased a new position in Waste Connections during the fourth quarter worth about $28,000. Ramirez Asset Management Inc. lifted its position in Waste Connections by 122.0% during the first quarter. Ramirez Asset Management Inc. now owns 182 shares of the business services provider's stock worth $36,000 after buying an additional 100 shares during the period. Smartleaf Asset Management LLC lifted its position in Waste Connections by 59.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 190 shares of the business services provider's stock worth $33,000 after buying an additional 71 shares during the period. Finally, Larson Financial Group LLC lifted its position in Waste Connections by 994.4% during the first quarter. Larson Financial Group LLC now owns 197 shares of the business services provider's stock worth $38,000 after buying an additional 179 shares during the period. Institutional investors and hedge funds own 86.09% of the company's stock.

Waste Connections Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Wednesday, May 7th were paid a dividend of $0.315 per share. This represents a $1.26 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend was Wednesday, May 7th. Waste Connections's payout ratio is currently 51.85%.

Waste Connections Company Profile

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.