What is Seaport Res Ptn's Forecast for WCN Q2 Earnings?

Waste Connections, Inc. (NYSE:WCN - Free Report) - Investment analysts at Seaport Res Ptn issued their Q2 2025 earnings per share (EPS) estimates for Waste Connections in a note issued to investors on Tuesday, May 6th. Seaport Res Ptn analyst J. Mazzoni forecasts that the business services provider will earn $1.28 per share for the quarter. Seaport Res Ptn currently has a "Strong-Buy" rating on the stock. The consensus estimate for Waste Connections' current full-year earnings is $5.28 per share. Seaport Res Ptn also issued estimates for Waste Connections' Q3 2025 earnings at $1.44 EPS, Q4 2025 earnings at $1.24 EPS, Q1 2026 earnings at $1.26 EPS, Q2 2026 earnings at $1.51 EPS, Q3 2026 earnings at $1.69 EPS, Q4 2026 earnings at $1.47 EPS, FY2026 earnings at $5.92 EPS, Q1 2027 earnings at $1.38 EPS and FY2027 earnings at $6.46 EPS.

Waste Connections (NYSE:WCN - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.06. Waste Connections had a return on equity of 15.54% and a net margin of 6.92%. The company had revenue of $2.23 billion during the quarter, compared to analyst estimates of $2.22 billion. During the same quarter last year, the company earned $1.04 earnings per share. The firm's quarterly revenue was up 7.5% on a year-over-year basis.

Several other analysts have also recently weighed in on WCN. Morgan Stanley lifted their price objective on Waste Connections from $214.00 to $219.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Jefferies Financial Group reduced their price objective on Waste Connections from $225.00 to $210.00 and set a "buy" rating for the company in a research note on Thursday, January 30th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $221.00 target price on shares of Waste Connections in a report on Friday, April 25th. Scotiabank increased their price objective on shares of Waste Connections from $192.00 to $207.00 and gave the company a "sector perform" rating in a report on Tuesday, April 8th. Finally, StockNews.com downgraded shares of Waste Connections from a "buy" rating to a "hold" rating in a report on Friday, February 14th. Four analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Waste Connections presently has an average rating of "Moderate Buy" and an average price target of $208.21.

Waste Connections Trading Down 0.1%

Shares of WCN traded down $0.28 during trading hours on Friday, hitting $195.28. The company had a trading volume of 631,254 shares, compared to its average volume of 972,311. Waste Connections has a 52-week low of $160.34 and a 52-week high of $201.66. The firm has a market cap of $50.45 billion, a P/E ratio of 81.71, a P/E/G ratio of 3.07 and a beta of 0.66. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.03. The stock's 50 day moving average price is $192.47 and its 200 day moving average price is $186.07.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in WCN. Barclays PLC raised its holdings in shares of Waste Connections by 34.3% during the third quarter. Barclays PLC now owns 303,040 shares of the business services provider's stock worth $54,190,000 after purchasing an additional 77,466 shares during the period. Principal Financial Group Inc. boosted its position in shares of Waste Connections by 5.7% during the 4th quarter. Principal Financial Group Inc. now owns 2,036,856 shares of the business services provider's stock valued at $349,483,000 after purchasing an additional 109,701 shares in the last quarter. Mechanics Bank Trust Department bought a new position in shares of Waste Connections during the 4th quarter valued at about $353,000. Merit Financial Group LLC bought a new position in shares of Waste Connections during the 4th quarter valued at about $316,000. Finally, Apollon Wealth Management LLC acquired a new position in shares of Waste Connections in the fourth quarter worth about $370,000. 86.09% of the stock is currently owned by hedge funds and other institutional investors.

Waste Connections Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Wednesday, May 7th will be paid a dividend of $0.315 per share. The ex-dividend date is Wednesday, May 7th. This represents a $1.26 annualized dividend and a yield of 0.65%. Waste Connections's dividend payout ratio is currently 51.85%.

Waste Connections Company Profile

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.