Waste Connections (WCN) to Release Quarterly Earnings on Wednesday

Waste Connections (NYSE:WCN - Get Free Report) will likely be releasing its Q2 2025 earnings data after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $1.26 per share and revenue of $2.39 billion for the quarter.

Waste Connections (NYSE:WCN - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.06. Waste Connections had a return on equity of 15.74% and a net margin of 6.93%. The company had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter last year, the business posted $1.04 EPS. Waste Connections's revenue for the quarter was up 7.5% on a year-over-year basis. On average, analysts expect Waste Connections to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Waste Connections Price Performance

WCN traded down $0.79 on Wednesday, reaching $182.83. The stock had a trading volume of 1,350,175 shares, compared to its average volume of 1,026,251. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $47.24 billion, a price-to-earnings ratio of 75.24, a price-to-earnings-growth ratio of 3.20 and a beta of 0.60. Waste Connections has a fifty-two week low of $169.36 and a fifty-two week high of $201.66. The firm has a 50-day moving average of $189.15 and a 200-day moving average of $187.96.

Waste Connections Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 7th were issued a dividend of $0.315 per share. This represents a $1.26 annualized dividend and a dividend yield of 0.69%. The ex-dividend date of this dividend was Wednesday, May 7th. Waste Connections's dividend payout ratio (DPR) is currently 51.85%.

Wall Street Analysts Forecast Growth

WCN has been the subject of several analyst reports. CIBC dropped their price target on shares of Waste Connections from $215.00 to $212.00 and set an "outperformer" rating for the company in a research note on Tuesday, July 8th. Seaport Res Ptn raised Waste Connections to a "strong-buy" rating in a research report on Tuesday, May 6th. Oppenheimer lifted their target price on Waste Connections from $216.00 to $218.00 and gave the stock an "outperform" rating in a report on Wednesday, July 9th. BMO Capital Markets increased their price target on Waste Connections from $214.00 to $216.00 and gave the company an "outperform" rating in a research note on Friday, April 25th. Finally, Melius Research upgraded Waste Connections to a "strong-buy" rating and set a $213.00 price objective for the company in a research report on Monday, June 9th. Four equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and four have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $213.93.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Waste Connections stock. Integrated Wealth Concepts LLC acquired a new stake in shares of Waste Connections, Inc. (NYSE:WCN - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,957 shares of the business services provider's stock, valued at approximately $577,000. 86.09% of the stock is currently owned by hedge funds and other institutional investors.

About Waste Connections

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.