Free Trial
NYSE:WCN

Waste Connections (WCN) Stock Price, News & Analysis

$165.29
-0.29 (-0.18%)
(As of 11:57 AM ET)
Today's Range
$165.28
$166.48
50-Day Range
$162.08
$172.12
52-Week Range
$126.12
$173.02
Volume
136,913 shs
Average Volume
892,001 shs
Market Capitalization
$42.65 billion
P/E Ratio
53.67
Dividend Yield
0.69%
Price Target
$179.33

Waste Connections MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
8.2% Upside
$179.33 Price Target
Short Interest
Healthy
0.47% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.10
Upright™ Environmental Score
News Sentiment
0.64mentions of Waste Connections in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$735,976 Sold Last Quarter
Proj. Earnings Growth
13.61%
From $4.85 to $5.51 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.50 out of 5 stars

Business Services Sector

39th out of 311 stocks

Refuse Systems Industry

3rd out of 6 stocks

WCN stock logo

About Waste Connections Stock (NYSE:WCN)

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. The company owns and operates transfer stations that receive compact and/or load waste to be transported to landfills or treatment facilities through truck, rail, or barge; and intermodal services for the rail haul movement of cargo and solid waste containers in the Pacific Northwest through a network of intermodal facilities. In addition, it provides E&P waste treatment, recovery, and disposal services for waste resulting from oil and natural gas exploration and production activity, such as drilling fluids, drill cuttings, completion fluids, and flowback water; production wastes and produced water during a well's operating life; contaminated soils that require treatment during site reclamation; and substances, which require clean-up after a spill, reserve pit clean-up, or pipeline rupture. Further, the company offers leasing services to its customers. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada.

WCN Stock Price History

WCN Stock News Headlines

Waste Connections (NYSE:WCN) Raised to "Buy" at StockNews.com
Waste Connections Inc
3 High-Flying TSX Stocks That Could Keep on Climbing
WCN Mar 2024 130.000 call
See More Headlines
Receive WCN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Waste Connections and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 3/13 Dividend
2/27/2024
Dividend Payable
3/13/2024
Last Earnings
4/24/2024
Ex-Dividend for 5/23 Dividend
5/07/2024
Today
5/20/2024
Dividend Payable
5/23/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Refuse systems
Sub-Industry
N/A
Employees
22,539
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$179.33
High Stock Price Target
$217.00
Low Stock Price Target
$152.00
Potential Upside/Downside
+8.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
16 Analysts

Profitability

Net Income
$762.80 million
Pretax Margin
12.45%

Debt

Sales & Book Value

Annual Sales
$8.02 billion
Cash Flow
$8.02 per share
Book Value
$29.88 per share

Miscellaneous

Free Float
257,221,000
Market Cap
$42.72 billion
Optionable
Optionable
Beta
0.67

Social Links

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

WCN Stock Analysis - Frequently Asked Questions

Should I buy or sell Waste Connections stock right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waste Connections in the last year. There are currently 5 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WCN shares.
View WCN analyst ratings
or view top-rated stocks.

What is Waste Connections' stock price target for 2024?

16 analysts have issued 12 month price objectives for Waste Connections' stock. Their WCN share price targets range from $152.00 to $217.00. On average, they predict the company's share price to reach $179.33 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price.
View analysts price targets for WCN
or view top-rated stocks among Wall Street analysts.

How have WCN shares performed in 2024?

Waste Connections' stock was trading at $149.27 at the start of the year. Since then, WCN shares have increased by 11.1% and is now trading at $165.77.
View the best growth stocks for 2024 here
.

When is Waste Connections' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our WCN earnings forecast
.

How were Waste Connections' earnings last quarter?

Waste Connections, Inc. (NYSE:WCN) posted its quarterly earnings data on Wednesday, April, 24th. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.02 by $0.02. The business services provider earned $2.07 billion during the quarter, compared to analysts' expectations of $2.05 billion. Waste Connections had a net margin of 9.70% and a trailing twelve-month return on equity of 14.66%. Waste Connections's revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.89 EPS.

How often does Waste Connections pay dividends? What is the dividend yield for Waste Connections?

Waste Connections announced a quarterly dividend on Wednesday, April 24th. Investors of record on Wednesday, May 8th will be paid a dividend of $0.285 per share on Thursday, May 23rd. This represents a $1.14 annualized dividend and a yield of 0.69%. The ex-dividend date is Tuesday, May 7th.
Read our dividend analysis for WCN
.

Is Waste Connections a good dividend stock?

Waste Connections (NYSE:WCN) pays an annual dividend of $1.14 per share and currently has a dividend yield of 0.68%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 37.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WCN will have a dividend payout ratio of 20.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WCN.

When did Waste Connections' stock split?

Waste Connections's stock split on Monday, June 19th 2017. The 3-2 split was announced on Wednesday, April 26th 2017. The newly created shares were issued to shareholders after the closing bell on Friday, June 16th 2017. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

What guidance has Waste Connections issued on next quarter's earnings?

Waste Connections issued an update on its second quarter 2024 earnings guidance on Friday, April, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.2 billion-$2.2 billion, compared to the consensus revenue estimate of $2.2 billion.

What is Worthing Jackman's approval rating as Waste Connections' CEO?

92 employees have rated Waste Connections Chief Executive Officer Worthing Jackman on Glassdoor.com. Worthing Jackman has an approval rating of 95% among the company's employees. This puts Worthing Jackman in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Waste Connections own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Waste Connections investors own include Hawkins (HWKN), Waste Management (WM), Ingersoll Rand (IR), Xtrackers California Municipal Bond ETF (CA), Alibaba Group (BABA), BlackRock (BLK), Visa (V), Home Depot (HD), Micron Technology (MU).

Who are Waste Connections' major shareholders?

Waste Connections' stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.05%), Capital International Investors (3.70%), WCM Investment Management LLC (3.64%), Price T Rowe Associates Inc. MD (2.41%), 1832 Asset Management L.P. (1.49%) and TD Asset Management Inc (1.44%). Insiders that own company stock include Andrea E Bertone, Brian Harris, David Eddie, Eric Hansen, James Little, Jason Craft, Michael W Harlan, Patrick James Shea, Philip Rivard, Robert Michael Cloninger, Robert Nielsen III and William J Razzouk.
View institutional ownership trends
.

How do I buy shares of Waste Connections?

Shares of WCN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:WCN) was last updated on 5/21/2024 by MarketBeat.com Staff

From Our Partners