NYSE:GFL

GFL Environmental (GFL) Stock Forecast, Price & News

$32.91

-0.17 (-0.51%)

(As of 09/22/2023 ET)

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Today's Range: $32.48
▼
$33.32
50-Day Range: $32.30
▼
$37.60
52-Week Range: $23.10
▼
$39.06

Volume: 1.76 million shs
Average Volume: 1.01 million shs
Market Capitalization: $12.15 billion

P/E Ratio: N/A
Dividend Yield: 0.15%
Price Target: $42.72

GFL Environmental MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 29.8% Upside
$42.72 Price Target
Short Interest: Bearish
1.99% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.32
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -1.14%
From $0.88 to $0.87 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.06 out of 5 stars

Business Services Sector

179th out of 310 stocks

Refuse Systems Industry

6th out of 6 stocks

3.5

Analyst's Opinion

Consensus Rating
GFL Environmental has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 9 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $42.72, GFL Environmental has a forecasted upside of 29.8% from its current price of $32.91.
Amount of Analyst Coverage
GFL Environmental has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
1.99% of the float of GFL Environmental has been sold short.
Short Interest Ratio / Days to Cover
GFL Environmental has a short interest ratio ("days to cover") of 4.2.
Change versus previous month
Short interest in GFL Environmental has recently increased by 36.68%, indicating that investor sentiment is decreasing significantly.

0.8

Dividend Strength

Dividend Yield
GFL Environmental has a dividend yield of 0.16%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
GFL Environmental has only been increasing its dividend for 3 years.
Dividend Sustainability
Based on earnings estimates, GFL Environmental will have a dividend payout ratio of 5.75% next year. This indicates that GFL Environmental will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GFL.

3.5

News and Social Media Coverage

News Sentiment
GFL Environmental has a news sentiment score of 1.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for GFL Environmental this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for GFL on MarketBeat in the last 30 days. This is a decrease of -92% compared to the previous 30 days.
MarketBeat Follows
7 people have added GFL Environmental to their MarketBeat watchlist in the last 30 days. This is an increase of 600% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, GFL Environmental insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.71% of the stock of GFL Environmental is held by insiders.
Percentage Held by Institutions
64.70% of the stock of GFL Environmental is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for GFL Environmental are expected to decrease by -1.14% in the coming year, from $0.88 to $0.87 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of GFL Environmental is -38.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of GFL Environmental is -38.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
GFL Environmental has a P/B Ratio of 2.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About GFL Environmental (NYSE:GFL) Stock

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. GFL Environmental Inc. was incorporated in 2007 and is headquartered in Vaughan, Canada.

GFL Price History

30 days | 90 days | 365 days | Advanced Chart

GFL Stock News Headlines

September 20, 2023 | msn.com

Washtenaw County Water Resources Commissioner's Office, in collaboration with GFL Environmental, is pleased to announce the opening of a new location for residents to dispose ...

September 10, 2023 | finance.yahoo.com

Breakeven Is Near for GFL Environmental Inc. (TSE:GFL)

September 24, 2023 | Legacy Research (Ad)

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September 7, 2023 | msn.com

North Carolina mom ‘in awe’ of community for giving son a dream-come-true birthday

August 21, 2023 | msn.com

Cleanup of sludge from Etobicoke fire expected to take until end of October, minister says

August 4, 2023 | fool.com

GFL Environmental (NYSE: GFL)

July 31, 2023 | markets.businessinsider.com

Analysts Conflicted on These Industrial Goods Names: RPM International (RPM), GFL Environmental (GFL) and VSE (VSEC)

July 27, 2023 | seekingalpha.com

GFL Environmental Inc. 2023 Q2 - Results - Earnings Call Presentation

September 24, 2023 | Behind the Markets (Ad)

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July 27, 2023 | msn.com

GFL Environmental Non-GAAP EPS of $0.53 beats by $0.33, revenue of $1.94B beats by $450M

July 27, 2023 | finance.yahoo.com

GFL Environmental Reports Second Quarter 2023 Results and Raises Full Year 2023 Guidance

July 27, 2023 | finance.yahoo.com

GFL Environmental Inc. (GFL) Q2 Earnings Beat Estimates

July 21, 2023 | markets.businessinsider.com

8 Analysts Have This to Say About GFL Environmental

July 19, 2023 | finance.yahoo.com

GFL Environmental Inc. (GFL) Earnings Expected to Grow: Should You Buy?

July 15, 2023 | markets.businessinsider.com

GFL Environmental (GFL) Receives a Rating Update from a Top Analyst

July 1, 2023 | msn.com

Saturday marks 1 year since GFL took over trash and recycling pickups in Fort Wayne

June 15, 2023 | msn.com

Fire at a recycling center in Luzerne County

May 17, 2023 | msn.com

GFL Environmental announces offering of 14.1M shares by selling stockholders

May 17, 2023 | finance.yahoo.com

GFL Environmental Inc. Announces Results from Annual and Special Meeting of Shareholders

May 17, 2023 | finance.yahoo.com

GFL Environmental Inc. Announces Secondary Offering of 14,084,507 Subordinate Voting Shares by Selling Shareholders

May 16, 2023 | theglobeandmail.com

Closing Bell: Gfl Environmental Inc down on Tuesday (GFL)

May 10, 2023 | theglobeandmail.com

The ‘G’ in ‘GFL’ doesn’t stand for ‘governance’

May 10, 2023 | baystreet.ca

Stella-Jones, GFL at 52-Week Highs on News

May 10, 2023 | msn.com

GFL Environmental renews share repurchase program

May 10, 2023 | finance.yahoo.com

GFL Environmental Inc. Announces Renewal of Share Repurchase Program

April 28, 2023 | seekingalpha.com

GFL Environmental, Inc. (GFL) Q1 2023 Earnings Call Transcript

April 28, 2023 | finanznachrichten.de

GFL Environmental Inc.: GFL Environmental Reports First Quarter 2023 Results

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GFL Company Calendar

Ex-Dividend for 7/31 Dividend: 7/14/2023
Last Earnings: 7/26/2023
Dividend Payable: 7/31/2023
Today: 9/24/2023
Next Earnings (Estimated): 11/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Refuse systems
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NYSE:GFL
CUSIP: N/A
CIK: 1780232
Web: www.gflenv.com
Phone: 905-326-0101
Fax: N/A
Employees: 19,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $42.72
High Stock Price Forecast: $59.00
Low Stock Price Forecast: $32.50
Forecasted Upside/Downside: +29.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.86)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 37.40
P/E Growth: N/A
Net Income: $-239,840,000.00
Net Margins: -4.44%
Pretax Margin: -3.45%
Return on Equity: 4.38%
Return on Assets: 1.48%

Debt

Debt-to-Equity Ratio: 1.15
Current Ratio: 0.77
Quick Ratio: 0.77

Sales & Book Value

Annual Sales: $4.98 billion
Price / Sales: 2.44
Cash Flow: $3.80 per share
Price / Cash Flow: 8.66
Book Value: $13.54 per share
Price / Book: 2.43

Miscellaneous

Outstanding Shares: 369,170,000
Free Float: 337,013,000
Market Cap: $12.15 billion
Optionable: Not Optionable
Beta: 1.17

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Key Executives

Mr. Patrick Dovigi (Age 43)
Founder, Chairman, Pres & CEO
Comp: $12.33M

Mr. Luke Pelosi (Age 42)
Exec. VP & CFO
Comp: $2.14M

Ms. Mindy B. Gilbert (Age 50)
Exec. VP & Chief Legal Officer
Comp: $1.22M

Mr. Greg Yorston (Age 58)
Exec. VP & COO of Solid Waste
Comp: $1.98M

Ms. Elizabeth Joy Grahek (Age 64)
Exec. VP of Strategic Initiatives
Comp: $1.22M

Mr. Craig Orenstein
Vice-Pres of Corp. Devel.

Mr. Richard R. Early
Vice-Pres of HR

Ms. Julie Boudreau
Vice-Pres of Treasury

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

GFL Stock - Frequently Asked Questions

Should I buy or sell GFL Environmental stock right now?: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GFL Environmental in the last twelve months. There are currently 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GFL shares.
View GFL analyst ratings or view top-rated stocks.
What is GFL Environmental's stock price forecast for 2023?: 9 equities research analysts have issued 12 month price targets for GFL Environmental's stock. Their GFL share price forecasts range from $32.50 to $59.00. On average, they predict the company's share price to reach $42.72 in the next twelve months. This suggests a possible upside of 29.8% from the stock's current price.
View analysts price targets for GFL or view top-rated stocks among Wall Street analysts.
How have GFL shares performed in 2023?: GFL Environmental's stock was trading at $29.23 on January 1st, 2023. Since then, GFL shares have increased by 12.6% and is now trading at $32.91.
View the best growth stocks for 2023 here.
Are investors shorting GFL Environmental?: GFL Environmental saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 4,360,000 shares, an increase of 36.7% from the August 15th total of 3,190,000 shares. Based on an average trading volume of 1,030,000 shares, the short-interest ratio is presently 4.2 days. Currently, 2.0% of the shares of the company are sold short.
View GFL Environmental's Short Interest.
When is GFL Environmental's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our GFL earnings forecast.
How were GFL Environmental's earnings last quarter?: GFL Environmental Inc. (NYSE:GFL) issued its quarterly earnings data on Wednesday, July, 26th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.16. The business had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.47 billion. GFL Environmental had a negative net margin of 4.44% and a positive trailing twelve-month return on equity of 4.38%.
How often does GFL Environmental pay dividends? What is the dividend yield for GFL Environmental?: GFL Environmental declared a quarterly dividend on Thursday, July 6th. Shareholders of record on Monday, July 17th will be paid a dividend of $0.013 per share on Monday, July 31st. This represents a $0.05 annualized dividend and a dividend yield of 0.16%. The ex-dividend date is Friday, July 14th.
Read our dividend analysis for GFL.
Is GFL Environmental a good dividend stock?: GFL Environmental (NYSE:GFL) pays an annual dividend of $0.05 per share and currently has a dividend yield of 0.16%.
Read our dividend analysis for GFL.

What guidance has GFL Environmental issued on next quarter's earnings?: GFL Environmental issued an update on its FY 2023 earnings guidance on Wednesday, July, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $5.61 billion-$5.61 billion, compared to the consensus revenue estimate of $5.81 billion.
What other stocks do shareholders of GFL Environmental own?: Based on aggregate information from My MarketBeat watchlists, some companies that other GFL Environmental investors own include Advanced Micro Devices (AMD), Trevena (TRVN), Moderna (MRNA), Sorrento Therapeutics (SRNE), Target (TGT), ChromaDex (CDXC), Chegg (CHGG), Chimerix (CMRX) and
When did GFL Environmental IPO?: (GFL) raised $1.4 billion in an initial public offering (IPO) on Tuesday, March 3rd 2020. The company issued 75,000,000 shares at $19.00 per share. JPMorgan, BMO Capital Markets, Goldman Sachs, RBC Capital Markets and Scotiabank served as the underwriters for the IPO and Barclays, BC Partners, Raymond James, Stife, TD Securities, BofA Securities, CIBC Capital Markets, HSBC and National Bank Financial were co-managers.
What is GFL Environmental's stock symbol?: GFL Environmental trades on the New York Stock Exchange (NYSE) under the ticker symbol "GFL."
Who are GFL Environmental's major shareholders?: GFL Environmental's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Ontario Teachers Pension Plan Board (10.66%), Capital Research Global Investors (2.21%), Nordea Investment Management AB (1.76%), Royal Bank of Canada (1.43%), BlackRock Inc. (0.77%) and Franklin Resources Inc. (0.73%).
How do I buy shares of GFL Environmental?: Shares of GFL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is GFL Environmental's stock price today?: One share of GFL stock can currently be purchased for approximately $32.91.
How much money does GFL Environmental make?: GFL Environmental (NYSE:GFL) has a market capitalization of $12.15 billion and generates $4.98 billion in revenue each year. The company earns $-239,840,000.00 in net income (profit) each year or ($0.86) on an earnings per share basis.
How many employees does GFL Environmental have?: The company employs 19,500 workers across the globe.
How can I contact GFL Environmental?: The official website for the company is www.gflenv.com. The company can be reached via phone at 905-326-0101 or via email at ir@gflenv.com.

This page (NYSE:GFL) was last updated on 9/24/2023 by MarketBeat.com Staff

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