Republic Services (RSG) Expected to Announce Earnings on Thursday

Republic Services (NYSE:RSG - Get Free Report) will likely be releasing its earnings data after the market closes on Thursday, February 13th. Analysts expect Republic Services to post earnings of $1.37 per share and revenue of $4.07 billion for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.

Republic Services Stock Down 0.3 %

Shares of NYSE:RSG traded down $0.66 during midday trading on Friday, hitting $220.91. 616,541 shares of the company's stock were exchanged, compared to its average volume of 945,565. Republic Services has a 12 month low of $171.06 and a 12 month high of $222.65. The company has a market cap of $69.18 billion, a PE ratio of 35.35, a price-to-earnings-growth ratio of 3.24 and a beta of 0.74. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.64 and a quick ratio of 0.64. The stock has a 50 day moving average price of $210.01 and a 200-day moving average price of $206.31.

Republic Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Wednesday, April 2nd will be paid a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Wednesday, April 2nd. Republic Services's dividend payout ratio (DPR) is presently 37.12%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Jefferies Financial Group raised their price objective on Republic Services from $235.00 to $244.00 and gave the company a "buy" rating in a research note on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft raised shares of Republic Services from a "hold" rating to a "buy" rating and raised their price target for the company from $219.00 to $237.00 in a research report on Tuesday, December 10th. BMO Capital Markets raised shares of Republic Services from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $211.00 to $238.00 in a research report on Friday, December 6th. Oppenheimer upped their target price on Republic Services from $219.00 to $220.00 and gave the company an "outperform" rating in a report on Wednesday, October 30th. Finally, Morgan Stanley boosted their price objective on Republic Services from $217.00 to $220.00 and gave the stock an "equal weight" rating in a research report on Thursday, December 12th. Six equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $224.38.

Insider Transactions at Republic Services

In other news, CFO Brian M. Delghiaccio sold 5,071 shares of the stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $210.02, for a total value of $1,065,011.42. Following the sale, the chief financial officer now directly owns 6,318 shares of the company's stock, valued at approximately $1,326,906.36. This represents a 44.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Katharine Weymouth sold 1,859 shares of the business's stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $215.27, for a total transaction of $400,186.93. Following the transaction, the director now directly owns 879 shares of the company's stock, valued at approximately $189,222.33. This represents a 67.90 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.09% of the company's stock.

About Republic Services

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.