GFL Environmental Inc. (TSE:GFL - Free Report) - Analysts at National Bank Financial raised their Q2 2024 earnings per share (EPS) estimates for GFL Environmental in a research note issued to investors on Sunday, April 21st. National Bank Financial analyst R. Merer now forecasts that the company will post earnings per share of $0.30 for the quarter, up from their prior estimate of $0.28. The consensus estimate for GFL Environmental's current full-year earnings is $1.23 per share. National Bank Financial also issued estimates for GFL Environmental's Q3 2024 earnings at $0.31 EPS, Q4 2024 earnings at $0.13 EPS, FY2024 earnings at $0.77 EPS and FY2025 earnings at $1.02 EPS.
GFL Environmental Trading Down 0.0 %
GFL stock traded down C$0.01 during midday trading on Tuesday, reaching C$45.37. The stock had a trading volume of 186,149 shares, compared to its average volume of 220,957. The business has a fifty day simple moving average of C$47.25 and a two-hundred day simple moving average of C$44.28. The company has a quick ratio of 0.57, a current ratio of 0.82 and a debt-to-equity ratio of 125.76. The firm has a market cap of C$16.30 billion, a price-to-earnings ratio of -349.08, a PEG ratio of -0.76 and a beta of 1.22. GFL Environmental has a twelve month low of C$36.56 and a twelve month high of C$51.83.
GFL Environmental (TSE:GFL - Get Free Report) last announced its earnings results on Tuesday, February 20th. The company reported C$0.05 earnings per share for the quarter, missing analysts' consensus estimates of C$0.24 by C($0.19). GFL Environmental had a net margin of 0.60% and a return on equity of 0.48%. The business had revenue of C$1.88 billion during the quarter, compared to analyst estimates of C$1.85 billion.
GFL Environmental Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 15th will be given a $0.019 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.17%. This is a positive change from GFL Environmental's previous quarterly dividend of $0.02. The ex-dividend date is Friday, April 12th. GFL Environmental's dividend payout ratio (DPR) is presently -53.85%.
Insider Buying and Selling
In other GFL Environmental news, Senior Officer Mindy Beth Gilbert sold 9,645 shares of the firm's stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of C$47.85, for a total transaction of C$461,513.25. Corporate insiders own 3.16% of the company's stock.
GFL Environmental Company Profile
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GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.
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