Republic Services (NYSE:RSG) Announces Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Key Points

• Republic Services beat quarterly expectations: EPS came in at $1.85 versus the $1.81 consensus, while revenue reached $4.43 billion, up 4.6% year over year and above the $4.36 billion estimate.
• The company raised its quarterly dividend to $0.67 per share from $0.62, equivalent to an annualized $2.68 payout and a 1.2% yield.
• Investor sentiment remains mixed: analysts’ consensus rating is “Moderate Buy” with a $244.63 price target, but volume pressure and a new EPS outlook slightly below consensus could limit further upside.

Republic Services (NYSE:RSG - Get Free Report) issued its quarterly earnings results on Friday. The business services provider reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.04, FiscalAI reports. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.36 billion. Republic Services had a return on equity of 18.73% and a net margin of 12.94%.Republic Services's revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.77 EPS.

Republic Services Stock Performance

NYSE RSG traded up $4.88 on Friday, reaching $214.47. The stock had a trading volume of 1,922,824 shares, compared to its average volume of 1,366,040. The stock has a market cap of $65.98 billion, a P/E ratio of 30.38, a price-to-earnings-growth ratio of 3.51 and a beta of 0.40. Republic Services has a 12-month low of $196.41 and a 12-month high of $238.62. The business's 50-day moving average price is $213.04 and its 200 day moving average price is $214.95. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.67 and a current ratio of 0.67.

Republic Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, October 2nd will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.2%. This is a positive change from Republic Services's previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Friday, October 2nd. Republic Services's dividend payout ratio is presently 35.87%.

Insiders Place Their Bets

In other news, Director Sandra M. Volpe sold 1,800 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $211.28, for a total transaction of $380,304.00. Following the completion of the sale, the director owned 58 shares in the company, valued at approximately $12,254.24. This represents a 96.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Cascade Investment, L.L.C. purchased 60,700 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were bought at an average cost of $213.31 per share, for a total transaction of $12,947,917.00. Following the acquisition, the insider owned 110,803,982 shares of the company's stock, valued at approximately $23,635,597,400.42. The trade was a 0.05% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have purchased 987,150 shares of company stock valued at $202,366,682. 0.12% of the stock is owned by company insiders.

Institutional Investors Weigh In On Republic Services

Large investors have recently modified their holdings of the stock. Wealth Watch Advisors INC purchased a new position in Republic Services during the 3rd quarter worth $26,000. Prosperity Bancshares Inc acquired a new stake in Republic Services in the fourth quarter valued at $30,000. Advocate Investing Services LLC purchased a new stake in shares of Republic Services during the 4th quarter worth $43,000. JPL Wealth Management LLC acquired a new position in shares of Republic Services during the 3rd quarter worth $50,000. Finally, DV Equities LLC purchased a new position in shares of Republic Services in the 4th quarter valued at about $59,000. Hedge funds and other institutional investors own 57.73% of the company's stock.

Republic Services News Summary

Here are the key news stories impacting Republic Services this week:

• Positive Sentiment: Quarterly earnings and revenue exceeded expectations. Adjusted EPS was $1.85, above the $1.81 consensus and up from $1.77 a year earlier. Revenue rose 4.6% year over year to $4.43 billion, surpassing estimates of $4.36 billion. Republic Services Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Republic raised its 2026 outlook. The company increased full-year revenue guidance to approximately $17.2 billion-$17.3 billion and projected adjusted EPS of $7.23-$7.28. It also raised EBITDA and cash-flow expectations, indicating continued operating momentum. Republic Services Raises Full-Year Guidance
• Positive Sentiment: The quarterly dividend increased approximately 7.2% to $0.67 per share. The payout boost reinforces the company’s shareholder-return appeal and confidence in its recurring cash flows. Republic Services Raises Dividend
• Positive Sentiment: Republic generated $2.38 billion in year-to-date operating cash flow, $1.58 billion in adjusted free cash flow and invested about $860 million in acquisitions during the first half of 2026. Republic Services Second-Quarter 2026 Results
• Neutral Sentiment: Barclays raised its price target from $233 to $240 but maintained an “equal weight” rating, signaling additional valuation upside while remaining cautious on the stock relative to peers. Barclays Price Target Update
• Negative Sentiment: Pricing gains came alongside volume pressure, and the new EPS range is slightly below the $7.29 analyst consensus, which could limit further upside if growth in underlying volumes remains weak.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Robert W. Baird lowered their price objective on Republic Services from $242.00 to $240.00 and set a "neutral" rating for the company in a research report on Thursday, April 16th. Citigroup boosted their price target on shares of Republic Services from $247.00 to $259.00 and gave the stock a "buy" rating in a report on Friday, July 10th. UBS Group reduced their price objective on shares of Republic Services from $240.00 to $223.00 and set a "neutral" rating on the stock in a report on Tuesday, May 12th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Republic Services in a research note on Friday, July 24th. Finally, Barclays lifted their price target on Republic Services from $233.00 to $240.00 and gave the stock an "equal weight" rating in a report on Friday. Eleven investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, Republic Services currently has a consensus rating of "Moderate Buy" and a consensus price target of $244.63.

About Republic Services

Republic Services, Inc is a leading provider of non-hazardous solid waste and recycling services in the United States. The company offers a broad range of waste management solutions to residential, commercial, industrial and municipal customers, positioning itself as a full-service partner for everyday waste collection as well as specialized disposal needs.

Republic's core operations include curbside and commercial collection, transfer and hauling, materials recovery and recycling facilities, and landfill disposal.

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