Waste Connections Stock Price, News & Analysis (NYSE:WCN)

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waste Connections in the last twelve months. There are currently 3 hold ratings, 12 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.

16 analysts have issued 1-year price targets for Waste Connections' stock. Their WCN share price targets range from $145.00 to $171.00. On average, they predict the company's stock price to reach $159.13 in the next twelve months. This suggests a possible upside of 19.8% 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 at the beginning of the year. Since then, WCN stock has increased by 0.2% and is now trading at $132.79.
View the best growth stocks for 2023 here.

Waste Connections saw a drop in short interest in the month of October. As of October 31st, there was short interest totaling 3,100,000 shares, a drop of 17.3% from the October 15th total of 3,750,000 shares. Based on an average trading volume of 937,500 shares, the days-to-cover ratio is currently 3.3 days. Currently, 1.2% of the shares of the company are short sold.
View Waste Connections' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our WCN earnings forecast.

Waste Connections, Inc. (NYSE:WCN) announced its earnings results on Wednesday, October, 25th. The business services provider reported $1.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.14 by $0.03. The business services provider had revenue of $2.06 billion for the quarter, compared to analysts' expectations of $2.06 billion. Waste Connections had a net margin of 10.57% and a trailing twelve-month return on equity of 13.95%. Waste Connections's quarterly revenue was up 9.8% on a year-over-year basis. During the same period last year, the business earned $1.10 EPS.

Waste Connections announced a quarterly dividend on Wednesday, October 25th. Stockholders of record on Wednesday, November 8th will be paid a dividend of $0.285 per share on Tuesday, November 28th. This represents a $1.14 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date is Tuesday, November 7th. This is a boost from the stock's previous quarterly dividend of $0.26.
Read our dividend analysis for WCN.

Waste Connections (NYSE:WCN) pays an annual dividend of $1.14 per share and currently has a dividend yield of 0.85%. 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 35.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WCN will have a dividend payout ratio of 24.10% next year. This indicates that the company will be able to sustain or increase its dividend.
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), BlackRock Future U.S. Themes ETF (BTHM) and iShares Global Industrials ETF (EXI).Cizzle Biotechnology (CIZ).

Shares of Waste Connections split on Monday, June 19th 2017. The 3-2 split was announced on Wednesday, April 26th 2017. The newly created shares were distributed 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.

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' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Royal Bank of Canada (4.38%), WCM Investment Management LLC (3.97%), TD Asset Management Inc (2.02%), The Manufacturers Life Insurance Company (1.23%), JPMorgan Chase & Co. (1.17%) and Montrusco Bolton Investments Inc. (0.95%). Insiders that own company stock include Brian Harris, David Eddie, Eric Hansen, James Little, Jason Craft, Matthew Stephen Black, Patrick James Shea, Robert Michael Cloninger, Susan Netherton and William J Razzouk.
View institutional ownership trends.

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.
Compare Top Brokerages Here.