Should I buy or sell GFL Environmental stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GFL Environmental in the last twelve months. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GFL shares. View GFL analyst ratings or view top-rated stocks .

What is GFL Environmental's stock price target for 2024?

10 equities research analysts have issued twelve-month target prices for GFL Environmental's shares. Their GFL share price targets range from $30.00 to $59.00. On average, they expect the company's stock price to reach $42.25 in the next twelve months. This suggests a possible upside of 45.5% 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 decreased by 0.6% and is now trading at $29.0450. View the best growth stocks for 2023 here .

Are investors shorting GFL Environmental?

GFL Environmental saw a increase in short interest in November. As of November 15th, there was short interest totaling 7,370,000 shares, an increase of 14.4% from the October 31st total of 6,440,000 shares. Based on an average daily volume of 1,250,000 shares, the days-to-cover ratio is presently 5.9 days. Approximately 3.4% of the company's stock 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 Tuesday, February 20th 2024. View our GFL earnings forecast .

How were GFL Environmental's earnings last quarter?

GFL Environmental Inc. (NYSE:GFL) posted its quarterly earnings data on Wednesday, November, 1st. The company reported $0.24 EPS for the quarter, beating analysts' consensus estimates of $0.23 by $0.01. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.38 billion. GFL Environmental had a negative net margin of 1.60% and a positive trailing twelve-month return on equity of 4.80%.

How often does GFL Environmental pay dividends? What is the dividend yield for GFL Environmental?

GFL Environmental declared a quarterly dividend on Thursday, October 5th. Investors of record on Monday, October 16th will be paid a dividend of $0.013 per share on Tuesday, October 31st. This represents a $0.05 dividend on an annualized basis and a dividend yield of 0.18%. The ex-dividend date is Friday, October 13th. 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 0.18%. 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 Friday, November, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $5.58 billion-$5.58 billion, compared to the consensus revenue estimate of $5.41 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 IPO on Tuesday, March 3rd 2020. The company issued 75,000,000 shares at a price of $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.

Who are GFL Environmental's major shareholders?

GFL Environmental's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (6.53%), Massachusetts Financial Services Co. MA (3.40%), Nordea Investment Management AB (1.72%), Fred Alger Management LLC (1.64%), Royal Bank of Canada (1.49%) and Morgan Stanley (1.48%).

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 .

Top-Rated StocksTop-Rated

GFL Environmental Stock Price, News & Analysis (NYSE:GFL)

$29.04

-0.53 (-1.79%)

(As of 12/4/2023 ET)

Compare

Today's Range: $29.04
▼
$29.70
50-Day Range: $27.45
▼
$33.37
52-Week Range: $26.87
▼
$39.06

Volume: 1.19 million shs
Average Volume: 1.28 million shs
Market Capitalization: $10.72 billion

P/E Ratio: N/A
Dividend Yield: 0.17%
Price Target: $42.17

GFL Environmental MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.90 Rating Score
Upside/Downside: 45.5% Upside
$42.25 Price Target
Short Interest: Bearish
3.36% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.15
Based on 14 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 17.95%
From $0.78 to $0.92 Per Share

Overall MarketRank^™

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

2.72 out of 5 stars

Business Services Sector

33rd out of 301 stocks

Refuse Systems Industry

2nd out of 6 stocks

4.5

Analyst's Opinion

Consensus Rating
GFL Environmental has received a consensus rating of Moderate Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $42.25, GFL Environmental has a forecasted upside of 45.5% from its current price of $29.05.
Amount of Analyst Coverage
GFL Environmental has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
3.36% 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 5.9.
Change versus previous month
Short interest in GFL Environmental has recently increased by 14.44%, indicating that investor sentiment is decreasing significantly.

0.8

Dividend Strength

Dividend Yield
GFL Environmental has a dividend yield of 0.18%, 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 5.43% 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.

2.9

News and Social Media Coverage

News Sentiment
GFL Environmental has a news sentiment score of 0.15. 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 lower news sentiment than the 0.65 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for GFL Environmental this week, compared to 2 articles on an average week.
Search Interest
5 people have searched for GFL on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.
MarketBeat Follows
31 people have added GFL Environmental to their MarketBeat watchlist in the last 30 days. This is an increase of 3,000% 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.

1.9

Earnings and Valuation

Earnings Growth
Earnings for GFL Environmental are expected to grow by 17.95% in the coming year, from $0.78 to $0.92 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of GFL Environmental is -66.01, 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 -66.01, 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 2.15. 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 Stock (NYSE:GFL)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GFL Stock News Headlines

December 4, 2023 | americanbankingnews.com

National Bank Financial Research Analysts Decrease Earnings Estimates for GFL Environmental Inc. (NYSE:GFL)

December 3, 2023 | americanbankingnews.com

Royal Bank of Canada Lowers GFL Environmental (NYSE:GFL) Price Target to $43.00

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December 2, 2023 | americanbankingnews.com

GFL Environmental Inc. (NYSE:GFL) Sees Significant Increase in Short Interest

November 29, 2023 | msn.com

GFL Environmental prices upsized $1B notes offering

November 29, 2023 | marketwatch.com

GFL Earmarks C$900M for Investment, M&A in 2024

November 29, 2023 | finance.yahoo.com

GFL Environmental Inc. Provides Update on 2024 Capital Allocation Strategy

November 28, 2023 | americanbankingnews.com

GFL Environmental (NYSE:GFL) Now Covered by Analysts at Wells Fargo & Company

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November 27, 2023 | markets.businessinsider.com

Analyst Expectations for GFL Environmental's Future

November 25, 2023 | finance.yahoo.com

Estimating The Intrinsic Value Of GFL Environmental Inc. (TSE:GFL)

November 7, 2023 | markets.businessinsider.com

5 Analysts Have This to Say About GFL Environmental

November 5, 2023 | finance.yahoo.com

GFL Environmental Inc. (NYSE:GFL) Q3 2023 Earnings Call Transcript

November 2, 2023 | seekingalpha.com

GFL Environmental Inc. 2023 Q3 - Results - Earnings Call Presentation

October 31, 2023 | msn.com

GFL Environmental Q3 2023 Earnings Preview

October 26, 2023 | finance.yahoo.com

Stericycle (SRCL) Expected to Beat Earnings Estimates: Should You Buy?

October 20, 2023 | markets.businessinsider.com

Mullen Group Ltd. (MTL) Gets a Hold Rating from RBC Capital

October 5, 2023 | msn.com

GFL Environmental declares $0.013 dividend

October 4, 2023 | markets.businessinsider.com

GFL Environmental (GFL) Gets a Buy from RBC Capital

September 25, 2023 | finance.yahoo.com

GFL Environmental Successfully Reprices its Senior Secured Term Loan

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 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

See More Headlines

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Company Calendar

Ex-Dividend for 10/31 Dividend: 10/13/2023
Dividend Payable: 10/31/2023
Last Earnings: 11/01/2023
Today: 12/04/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/20/2024

Get Stock Alerts

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 Target: $42.25
High Stock Price Target: $59.00
Low Stock Price Target: $30.00
Potential Upside/Downside: +43.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.90
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.44)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 37.77
P/E Growth: N/A
Net Income: $-239,840,000.00
Net Margins: -1.60%
Pretax Margin: 0.16%
Return on Equity: 4.80%
Return on Assets: 1.70%

Debt

Debt-to-Equity Ratio: 1.23
Current Ratio: 0.91
Quick Ratio: 0.91

Sales & Book Value

Annual Sales: $4.98 billion
Price / Sales: 2.18
Cash Flow: $3.78 per share
Price / Cash Flow: 7.79
Book Value: $13.54 per share
Price / Book: 2.18

Miscellaneous

Outstanding Shares: 369,170,000
Free Float: 337,013,000
Market Cap: $10.88 billion
Optionable: Not Optionable
Beta: 1.11

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Key Executives

Mr. Patrick Dovigi (Age 43)
Founder, Chairman, President & CEO
Comp: $12.26M
Mr. Luke Pelosi (Age 42)
Executive VP & CFO
Comp: $2.13M
Ms. Mindy B. Gilbert (Age 50)
Executive VP & Chief Legal Officer
Comp: $1.21M
Mr. Greg Yorston (Age 58)
Executive VP & COO of Solid Waste
Comp: $1.97M
Ms. Elizabeth Joy Grahek (Age 64)
Executive Vice President of Strategic Initiatives
Comp: $1.21M
Mr. Craig Orenstein
Vice-President of Corporate Development
Mr. Richard R. Early
Vice-President of Human Resources
Ms. Julie Boudreau
Vice-President of Treasury

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

GFL Stock Analysis - Frequently Asked Questions

Should I buy or sell GFL Environmental stock right now?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GFL Environmental in the last twelve months. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GFL shares.
View GFL analyst ratings or view top-rated stocks.
What is GFL Environmental's stock price target for 2024?: 10 equities research analysts have issued twelve-month target prices for GFL Environmental's shares. Their GFL share price targets range from $30.00 to $59.00. On average, they expect the company's stock price to reach $42.25 in the next twelve months. This suggests a possible upside of 45.5% 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 decreased by 0.6% and is now trading at $29.0450.
View the best growth stocks for 2023 here.
Are investors shorting GFL Environmental?: GFL Environmental saw a increase in short interest in November. As of November 15th, there was short interest totaling 7,370,000 shares, an increase of 14.4% from the October 31st total of 6,440,000 shares. Based on an average daily volume of 1,250,000 shares, the days-to-cover ratio is presently 5.9 days. Approximately 3.4% of the company's stock 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 Tuesday, February 20th 2024.
View our GFL earnings forecast.
How were GFL Environmental's earnings last quarter?: GFL Environmental Inc. (NYSE:GFL) posted its quarterly earnings data on Wednesday, November, 1st. The company reported $0.24 EPS for the quarter, beating analysts' consensus estimates of $0.23 by $0.01. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.38 billion. GFL Environmental had a negative net margin of 1.60% and a positive trailing twelve-month return on equity of 4.80%.
How often does GFL Environmental pay dividends? What is the dividend yield for GFL Environmental?: GFL Environmental declared a quarterly dividend on Thursday, October 5th. Investors of record on Monday, October 16th will be paid a dividend of $0.013 per share on Tuesday, October 31st. This represents a $0.05 dividend on an annualized basis and a dividend yield of 0.18%. The ex-dividend date is Friday, October 13th.
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 0.18%.
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 Friday, November, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $5.58 billion-$5.58 billion, compared to the consensus revenue estimate of $5.41 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 IPO on Tuesday, March 3rd 2020. The company issued 75,000,000 shares at a price of $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.
Who are GFL Environmental's major shareholders?: GFL Environmental's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (6.53%), Massachusetts Financial Services Co. MA (3.40%), Nordea Investment Management AB (1.72%), Fred Alger Management LLC (1.64%), Royal Bank of Canada (1.49%) and Morgan Stanley (1.48%).
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.

This page (NYSE:GFL) was last updated on 12/4/2023 by MarketBeat.com Staff

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