Republic Services (NYSE:RSG) Updates FY 2026 Earnings Guidance

Key Points

• Republic Services guided FY 2026 EPS to $7.23–$7.28, below the analyst consensus of $7.29, while forecasting revenue of $17.2–$17.3 billion, broadly in line with expectations.
• The company recently reported quarterly results above estimates, with EPS of $1.85 versus $1.81 expected and revenue of $4.43 billion versus $4.36 billion anticipated.
• Republic Services increased its quarterly dividend to $0.67 per share from $0.62, equating to a $2.68 annualized payout and a 1.3% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $243.89.

Republic Services (NYSE:RSG - Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 7.230-7.280 for the period, compared to the consensus earnings per share estimate of 7.290. The company issued revenue guidance of $17.2 billion-$17.3 billion, compared to the consensus revenue estimate of $17.2 billion.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Barclays lifted their price objective on Republic Services from $227.00 to $233.00 and gave the company an "equal weight" rating in a research report on Monday, May 11th. Citigroup lifted their target price on shares of Republic Services from $247.00 to $259.00 and gave the company a "buy" rating in a research note on Friday, July 10th. Royal Bank Of Canada boosted their target price on shares of Republic Services from $265.00 to $267.00 and gave the stock an "outperform" rating in a research report on Friday, May 8th. JPMorgan Chase & Co. raised their price target on shares of Republic Services from $233.00 to $245.00 and gave the company a "neutral" rating in a report on Friday, April 10th. Finally, Argus lowered shares of Republic Services from a "buy" rating to a "hold" rating in a research note on Monday, May 11th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $243.89.

Republic Services Stock Performance

Shares of RSG stock traded up $2.33 during trading on Thursday, reaching $209.35. The company had a trading volume of 1,437,580 shares, compared to its average volume of 1,559,450. The firm's 50 day simple moving average is $212.64 and its two-hundred day simple moving average is $214.96. Republic Services has a one year low of $196.41 and a one year high of $238.62. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.67 and a quick ratio of 0.67. The company has a market capitalization of $64.41 billion, a PE ratio of 30.04, a PEG ratio of 3.47 and a beta of 0.40.

Republic Services (NYSE:RSG - Get Free Report) last announced its earnings results on Thursday, August 6th. The business services provider reported $1.85 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.81 by $0.04. Republic Services had a return on equity of 18.57% and a net margin of 13.00%.The firm had revenue of $4.43 billion during the quarter, compared to analysts' expectations of $4.36 billion. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. Sell-side analysts forecast that Republic Services will post 7.29 earnings per share for the current year.

Republic Services Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $2.68 annualized dividend and a dividend yield of 1.3%. This is an increase from Republic Services's previous quarterly dividend of $0.62. Republic Services's payout ratio is currently 38.45%.

Insider Buying and Selling at Republic Services

In other news, Director Sandra M. Volpe sold 1,800 shares of the firm's stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $211.28, for a total value of $380,304.00. Following the sale, the director directly owned 58 shares of the company's stock, valued at approximately $12,254.24. This trade represents a 96.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Cascade Investment, L.L.C. acquired 366,000 shares of the company's stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average price of $202.24 per share, for a total transaction of $74,019,840.00. Following the completion of the purchase, the insider directly owned 110,315,982 shares of the company's stock, valued at $22,310,304,199.68. This trade represents a 0.33% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 987,150 shares of company stock worth $202,366,682 in the last quarter. Insiders own 0.12% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Wealth Watch Advisors INC bought a new position in Republic Services during the third quarter worth $26,000. Prosperity Bancshares Inc acquired a new stake in Republic Services in the 4th quarter worth $30,000. Advocate Investing Services LLC bought a new position in shares of Republic Services during the 4th quarter worth about $43,000. JPL Wealth Management LLC acquired a new position in shares of Republic Services during the third quarter valued at about $50,000. Finally, DV Equities LLC bought a new stake in shares of Republic Services in the fourth quarter valued at about $59,000. 57.73% of the stock is currently owned by institutional investors and hedge funds.

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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