Q2 EPS Estimates for RSG Raised by National Bank Financial

Republic Services, Inc. (NYSE:RSG - Free Report) - Stock analysts at National Bank Financial raised their Q2 2025 earnings per share estimates for shares of Republic Services in a research note issued to investors on Wednesday, July 9th. National Bank Financial analyst M. Doumet now forecasts that the business services provider will post earnings of $1.77 per share for the quarter, up from their prior forecast of $1.75. National Bank Financial has a "Hold" rating on the stock. The consensus estimate for Republic Services' current full-year earnings is $6.86 per share. National Bank Financial also issued estimates for Republic Services' FY2025 earnings at $6.92 EPS and FY2026 earnings at $7.73 EPS.

Republic Services (NYSE:RSG - Get Free Report) last posted its earnings results on Thursday, April 24th. The business services provider reported $1.58 earnings per share for the quarter, topping analysts' consensus estimates of $1.53 by $0.05. Republic Services had a return on equity of 18.28% and a net margin of 12.88%. The firm had revenue of $4.01 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter in the prior year, the business earned $1.45 EPS. The business's revenue for the quarter was up 3.8% on a year-over-year basis.

RSG has been the topic of a number of other research reports. Oppenheimer upped their target price on Republic Services from $262.00 to $268.00 and gave the stock an "outperform" rating in a report on Wednesday. Melius began coverage on Republic Services in a report on Monday, June 9th. They set a "hold" rating on the stock. Raymond James Financial reissued an "outperform" rating on shares of Republic Services in a research report on Wednesday, April 16th. BMO Capital Markets reissued an "outperform" rating and issued a $280.00 price target (up from $268.00) on shares of Republic Services in a research report on Monday, June 9th. Finally, Wall Street Zen cut Republic Services from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. Ten research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $255.21.

Republic Services Stock Up 0.5%

Shares of RSG stock traded up $1.15 during midday trading on Friday, reaching $241.24. 1,768,355 shares of the stock were exchanged, compared to its average volume of 1,153,153. Republic Services has a 1 year low of $188.82 and a 1 year high of $258.75. The company's 50 day moving average is $248.33 and its two-hundred day moving average is $234.34. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 1.10. The firm has a market cap of $75.39 billion, a PE ratio of 36.39, a price-to-earnings-growth ratio of 3.68 and a beta of 0.61.

Republic Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Wednesday, July 2nd will be given a $0.58 dividend. The ex-dividend date is Wednesday, July 2nd. This represents a $2.32 annualized dividend and a yield of 0.96%. Republic Services's dividend payout ratio (DPR) is presently 34.99%.

Hedge Funds Weigh In On Republic Services

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Golden State Wealth Management LLC raised its stake in Republic Services by 3,533.3% during the 1st quarter. Golden State Wealth Management LLC now owns 109 shares of the business services provider's stock valued at $26,000 after buying an additional 106 shares during the last quarter. Key Financial Inc raised its stake in Republic Services by 380.8% during the 1st quarter. Key Financial Inc now owns 125 shares of the business services provider's stock valued at $30,000 after buying an additional 99 shares during the last quarter. TCTC Holdings LLC raised its stake in Republic Services by 113.8% during the 1st quarter. TCTC Holdings LLC now owns 124 shares of the business services provider's stock valued at $30,000 after buying an additional 66 shares during the last quarter. Elequin Capital LP purchased a new stake in Republic Services during the 1st quarter valued at $30,000. Finally, New Age Alpha Advisors LLC raised its stake in Republic Services by 70.2% during the 4th quarter. New Age Alpha Advisors LLC now owns 177 shares of the business services provider's stock valued at $36,000 after buying an additional 73 shares during the last quarter. 57.73% of the stock is owned by institutional investors.

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.