What is Scotiabank's Estimate for GFL FY2026 Earnings?

Key Points

• Scotiabank estimates GFL Environmental will earn $0.50 per share in FY2026, below the current full-year consensus estimate of $0.68; its FY2027 EPS estimate is $0.75.
• Scotiabank maintained a “Sector Outperform” rating and a $56 price target, while analysts overall give GFL a “Moderate Buy” consensus rating with an average target of $54.75.
• GFL’s latest quarter showed mixed results: EPS of $0.14 missed estimates of $0.17, but revenue of $1.37 billion exceeded forecasts and rose 16.3% year over year.

GFL Environmental Inc. (NYSE:GFL - Free Report) - Equities researchers at Scotiabank issued their FY2026 earnings per share (EPS) estimates for shares of GFL Environmental in a report issued on Tuesday, August 4th. Scotiabank analyst K. Gupta expects that the company will earn $0.50 per share for the year. Scotiabank currently has a "Sector Outperform" rating and a $56.00 price objective on the stock. The consensus estimate for GFL Environmental's current full-year earnings is $0.68 per share. Scotiabank also issued estimates for GFL Environmental's FY2027 earnings at $0.75 EPS.

Several other research analysts have also weighed in on GFL. Citigroup set a $51.00 price objective on shares of GFL Environmental and gave the stock a "buy" rating in a report on Monday, July 6th. JPMorgan Chase & Co. upped their target price on shares of GFL Environmental from $40.00 to $41.00 and gave the company an "underweight" rating in a research note on Thursday, July 16th. Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating on shares of GFL Environmental in a research report on Friday, July 31st. Weiss Ratings upgraded GFL Environmental from a "sell (d)" rating to a "sell (d+)" rating in a research note on Wednesday, July 29th. Finally, Zacks Research lowered GFL Environmental from a "strong-buy" rating to a "hold" rating in a report on Friday, May 22nd. Eleven analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $54.75.

GFL Environmental Trading Up 1.1%

GFL opened at $41.62 on Friday. The stock has a market capitalization of $14.93 billion, a PE ratio of -78.54, a P/E/G ratio of 2.55 and a beta of 0.68. The firm's fifty day moving average price is $37.92 and its 200 day moving average price is $40.05. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.75 and a quick ratio of 1.51. GFL Environmental has a 12-month low of $33.33 and a 12-month high of $51.51.

GFL Environmental (NYSE:GFL - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by ($0.03). The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.33 billion. GFL Environmental had a positive return on equity of 4.14% and a negative net margin of 3.28%.The firm's quarterly revenue was up 16.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.26 EPS.

Institutional Trading of GFL Environmental

A number of institutional investors and hedge funds have recently modified their holdings of GFL. Aster Capital Management DIFC Ltd bought a new position in shares of GFL Environmental in the 4th quarter worth about $25,000. Whipplewood Advisors LLC acquired a new stake in GFL Environmental during the first quarter worth about $32,000. Sunbelt Securities Inc. acquired a new position in GFL Environmental in the third quarter valued at approximately $33,000. EverSource Wealth Advisors LLC grew its holdings in shares of GFL Environmental by 43.1% during the second quarter. EverSource Wealth Advisors LLC now owns 727 shares of the company's stock valued at $37,000 after purchasing an additional 219 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its holdings in shares of GFL Environmental by 45.2% during the third quarter. Caitong International Asset Management Co. Ltd now owns 976 shares of the company's stock valued at $46,000 after purchasing an additional 304 shares during the last quarter. 64.70% of the stock is owned by institutional investors and hedge funds.

GFL Environmental Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Monday, July 13th were issued a $0.0169 dividend. This represents a $0.07 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Monday, July 13th. GFL Environmental's payout ratio is currently -13.21%.

About GFL Environmental

GFL Environmental Inc is a leading North American provider of diversified environmental services, offering comprehensive solutions across solid waste management, liquid waste management, soil remediation and infrastructure services. The company's core business activities include residential, commercial and industrial waste collection, recycling, composting and landfill management. In addition to traditional waste services, GFL provides specialized liquid waste hauling, treatment and disposal services as well as environmental consulting to support industrial and municipal clients in meeting regulatory and sustainability goals.

Founded in 2007 by entrepreneur Patrick Dovigi, GFL Environmental has pursued an aggressive growth strategy driven by strategic acquisitions and organic expansion.

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