Waste Connections (WCN) Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Waste Connections in the last twelve months. There are currently 2 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WCN shares.
View WCN analyst ratings or view top-rated stocks.

12 Wall Street analysts have issued 1-year price objectives for Waste Connections' stock. Their WCN share price forecasts range from $155.00 to $171.00. On average, they expect the company's stock price to reach $160.08 in the next twelve months. This suggests a possible upside of 19.2% from the stock's current price.
View analysts price targets for WCN or view top-rated stocks among Wall Street analysts.

Waste Connections' stock was trading at $132.56 on January 1st, 2023. Since then, WCN stock has increased by 1.3% and is now trading at $134.30.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our WCN earnings forecast.

Waste Connections will be holding an earnings conference call on Thursday, October 26th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "5793196".

Waste Connections, Inc. (NYSE:WCN) posted its quarterly earnings results on Wednesday, August, 2nd. The business services provider reported $1.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.01. The business services provider earned $2.02 billion during the quarter, compared to analysts' expectations of $2.01 billion. Waste Connections had a net margin of 10.93% and a trailing twelve-month return on equity of 14.01%. The firm's revenue was up 11.3% on a year-over-year basis. During the same period last year, the company posted $1.00 EPS.

Waste Connections announced a quarterly dividend on Wednesday, August 2nd. Stockholders of record on Wednesday, August 16th will be given a dividend of $0.255 per share on Wednesday, August 30th. This represents a $1.02 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date is Tuesday, August 15th.
Read our dividend analysis for WCN.

ETFs with the largest weight of Waste Connections (NYSE:WCN) stock in their portfolio include iShares MSCI USA Min Vol Factor ETF (USMV) and BlackRock Future U.S. Themes ETF (BTHM).iShares Global Industrials ETF (EXI).

Waste Connections (NYSE:WCN) pays an annual dividend of $1.02 per share and currently has a dividend yield of 0.76%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 31.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WCN will have a dividend payout ratio of 21.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WCN.

Waste Connections shares split on the morning of 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 market closes on Friday, June 16th 2017. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

Waste Connections updated its third quarter 2023 earnings guidance on Friday, August, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.06 billion-$2.06 billion, compared to the consensus revenue estimate of $2.09 billion.

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.

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), CA (CA), Alibaba Group (BABA), BlackRock (BLK), Visa (V), Home Depot (HD), Micron Technology (MU).

Waste Connections trades on the New York Stock Exchange (NYSE) under the ticker symbol "WCN."

Shares of WCN 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.
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One share of WCN stock can currently be purchased for approximately $134.30.

Waste Connections (NYSE:WCN) has a market capitalization of $34.60 billion and generates $7.21 billion in revenue each year. The business services provider earns $835.66 million in net income (profit) each year or $3.25 on an earnings per share basis.

The company employs 22,109 workers across the globe.

Waste Connections' mailing address is 610 APPLEWOOD CRESCENT SUITE 200, VAUGHAN A6, L4K 0C3. The official website for the company is www.wasteconnections.com. The business services provider can be reached via phone at (905) 532-7510, via email at chaya.cooperberg@progressivewaste.com, or via fax at 905-532-7580.