Q2 EPS Estimate for Waste Connections Lowered by Analyst

Waste Connections, Inc. (NYSE:WCN - Free Report) - Equities research analysts at Atb Cap Markets dropped their Q2 2025 earnings estimates for Waste Connections in a research report issued on Thursday, April 24th. Atb Cap Markets analyst C. Murray now forecasts that the business services provider will post earnings of $1.27 per share for the quarter, down from their prior estimate of $1.37. 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 2025 earnings at $1.37 EPS and Q2 2026 earnings at $1.46 EPS.

Waste Connections (NYSE:WCN - Get Free Report) last released its earnings results on Wednesday, April 23rd. The business services provider reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.06. Waste Connections had a net margin of 6.92% and a return on equity of 15.54%. The company had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter in the previous year, the firm earned $1.04 EPS. The company's revenue was up 7.5% on a year-over-year basis.

Other equities research analysts also recently issued reports about the company. Morgan Stanley boosted their price target on Waste Connections from $214.00 to $219.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Scotiabank boosted their target price on shares of Waste Connections from $192.00 to $207.00 and gave the company a "sector perform" rating in a research note on Tuesday, April 8th. Truist Financial set a $220.00 price target on shares of Waste Connections in a research report on Friday, April 25th. Jefferies Financial Group lowered their price objective on shares of Waste Connections from $225.00 to $210.00 and set a "buy" rating for the company in a research report on Thursday, January 30th. Finally, StockNews.com cut shares of Waste Connections from a "buy" rating to a "hold" rating in a report on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $208.21.

Waste Connections Stock Up 1.0 %

Waste Connections stock traded up $1.95 during midday trading on Monday, hitting $198.13. The stock had a trading volume of 102,776 shares, compared to its average volume of 971,396. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.03. The business has a fifty day moving average price of $191.53 and a 200 day moving average price of $185.35. Waste Connections has a 12 month low of $160.34 and a 12 month high of $201.66. The stock has a market cap of $51.19 billion, a P/E ratio of 82.95, a P/E/G ratio of 3.07 and a beta of 0.67.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Principal Financial Group Inc. increased its stake in Waste Connections by 307.1% during the 3rd quarter. Principal Financial Group Inc. now owns 1,927,155 shares of the business services provider's stock valued at $344,615,000 after buying an additional 1,453,733 shares during the period. Barclays PLC increased its stake in shares of Waste Connections by 34.3% during the third quarter. Barclays PLC now owns 303,040 shares of the business services provider's stock valued at $54,190,000 after acquiring an additional 77,466 shares during the period. Virtu Financial LLC acquired a new position in shares of Waste Connections during the third quarter valued at approximately $1,586,000. Wilmington Savings Fund Society FSB acquired a new stake in Waste Connections in the third quarter worth approximately $188,000. Finally, Tidal Investments LLC boosted its stake in Waste Connections by 2.0% during the 3rd quarter. Tidal Investments LLC now owns 7,786 shares of the business services provider's stock valued at $1,392,000 after purchasing an additional 151 shares in the last quarter. Institutional investors and hedge funds own 86.09% of the company's stock.

Waste Connections Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Wednesday, May 7th will be given a $0.315 dividend. This represents a $1.26 annualized dividend and a yield of 0.64%. The ex-dividend date is Wednesday, May 7th. Waste Connections's dividend 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.