Waste Connections Company Profile (NYSE:WCN)

About Waste Connections (NYSE:WCN)

Waste Connections logoWaste Connections, Inc. is a solid waste services company in North America. The Company provides waste collection, transfer, disposal and recycling services in markets in the United States and Canada. The Company operates through six segments: Southern segment, Western segment, Eastern segment, Canada segment, Central segment and E&P segment. Through its R360 Environmental Solutions subsidiary, it also provides non-hazardous exploration and production, or E&P, waste treatment, recovery and disposal services in various natural resource producing areas in the United States. It also provides intermodal services for the rail haul movement of cargo and solid waste containers in the Pacific Northwest through a network of intermodal facilities. As of December 31, 2016, it served residential, commercial, industrial and exploration and production (E&P) customers in 40 states and the District of Columbia in the United States and five provinces in Canada.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Waste Management, Disposal & Recycling Services
  • Sub-Industry: N/A
  • Symbol: NYSE:WCN
  • CUSIP: N/A
  • Web: www.wasteconnections.com
  • Market Cap: $18.63 billion
  • Outstanding Shares: 263,425,000
Average Prices:
  • 50 Day Moving Avg: $69.31
  • 200 Day Moving Avg: $64.76
  • 52 Week Range: $48.78 - $71.04
  • Trailing P/E Ratio: 60.03
  • Foreward P/E Ratio: 29.34
  • P/E Growth: 2.62
Sales & Book Value:
  • Annual Revenue: $4.4 billion
  • Price / Sales: 4.23
  • Book Value: $22.02 per share
  • Price / Book: 3.21
  • Annual Dividend: $0.48
  • Dividend Yield: 0.7%
  • EBITDA: $1.37 billion
  • Net Margins: 7.11%
  • Return on Equity: 9.19%
  • Return on Assets: 4.59%
  • Debt-to-Equity Ratio: 0.69%
  • Current Ratio: 1.45%
  • Quick Ratio: 1.45%
  • Average Volume: 697,077 shs.
  • Beta: 0.23
  • Short Ratio: 4.5

Frequently Asked Questions for Waste Connections (NYSE:WCN)

What is Waste Connections' stock symbol?

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

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

Waste Connections declared a quarterly dividend on Tuesday, July 25th. Stockholders of record on Tuesday, August 8th will be paid a dividend of $0.12 per share on Tuesday, August 22nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend is Friday, August 4th. View Waste Connections' Dividend History.

When did Waste Connections' stock split? How did Waste Connections' stock split work?

Waste Connections's stock split before market open 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 Waste Connections stock prior to the split would have 150 shares after the split.

How will Waste Connections' stock buyback program work?

Waste Connections announced that its Board of Directors has approved a stock repurchase plan on Thursday, August 3rd 2017, which permits the company to buyback 13,180,000 shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

How were Waste Connections' earnings last quarter?

Waste Connections, Inc. (NYSE:WCN) released its quarterly earnings results on Tuesday, July, 25th. The company reported $0.55 EPS for the quarter, beating the Zacks' consensus estimate of $0.53 by $0.02. The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.15 billion. Waste Connections had a return on equity of 9.19% and a net margin of 7.11%. The company's revenue was up 61.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.66 earnings per share. View Waste Connections' Earnings History.

Where is Waste Connections' stock going? Where will Waste Connections' stock price be in 2017?

10 analysts have issued 12 month price objectives for Waste Connections' stock. Their forecasts range from $60.00 to $80.00. On average, they anticipate Waste Connections' stock price to reach $73.67 in the next twelve months. View Analyst Ratings for Waste Connections.

What are analysts saying about Waste Connections stock?

Here are some recent quotes from research analysts about Waste Connections stock:

  • 1. According to Zacks Investment Research, "Waste Connections has outperformed the industry year to date. With prime location of disposal sites within competitive markets, Waste Connections has optimal asset positioning to generate higher profitability. Its merger with Progressive Waste Solutions is expected to generate about $50 million in annualized SG&A cost savings within the first 12 months after closing. An experienced management team and decentralized operations remain additional tailwinds. However, seasonal factors and stiff competition remain headwinds. The volatility in crude oil prices is expected to impair the profitability and creditworthiness of Waste Connections and adversely affect the level of investment and linear feet drilled in the basins where it operates. In addition, the industry is subject to regular enactment of new or amended federal, state and local statutes and regulations that further impose substantial capital and operational limitations." (10/16/2017)
  • 2. Wedbush analysts commented, "We continue to view Waste Connections' (WCN) favorable franchise market structure as well as its focus on secondary markets as significant barriers to entry driving high cash flow conversion on an incremental ton of municipal solid waste. We look for WCN to benefit from core price-volume growth discipline and optimization of the Progressive Waste (Progressive) assets. We are comfortable with low-mid-single-digit top-line organic growth along with leading cash flow conversion as reasons for shares to remain a core holding in Small-Mid Cap growth portfolios. Furthermore, we remain confident in capital allocation decisions including further strategic acquisitions with net debt/EBITDA leverage ratio below 3.0x. 4Q revenue of $1.049 billion and AEBITDA of $325.4 million beat our estimates as top line exceeds internal budgets by ~3%. In part, revenue quality was better than management had feared while higher core price, volumes and recycling prices all beat our estimates' 2017 M&A environment should be favorable and WCN is likely to see additional transactions aggregating in excess of $125 million in revenue." (2/23/2017)

Who are some of Waste Connections' key competitors?

Who are Waste Connections' key executives?

Waste Connections' management team includes the folowing people:

  • Ronald James Mittelstaedt, Chairman of the Board, Chief Executive Officer
  • Steven F. Bouck, President
  • Worthing F. Jackman, Chief Financial Officer, Executive Vice President
  • Darrell W. Chambliss, Chief Operating Officer, Executive Vice President
  • David G. Eddie, Senior Vice President, Chief Accounting Officer
  • Patrick J. Shea, Senior Vice President, General Counsel, Secretary
  • David M. Hall, Senior Vice President - Sales and Marketing
  • Matthew S. Black, Senior Vice President, Chief Tax Officer
  • James Michael Little, Senior Vice President - Engineering and Disposal
  • Eric O. Hansen, Vice President, Chief Information Officer

Who owns Waste Connections stock?

Waste Connections' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.13%), Nationwide Fund Advisors (0.12%), Barometer Capital Management Inc. (0.07%), Assenagon Asset Management S.A. (0.01%), Robeco Institutional Asset Management B.V. (0.00%) and Spirit of America Management Corp NY (0.00%). Company insiders that own Waste Connections stock include Darrell W Chambliss, David Eddie, David M Hall, Edward E Guillet, James Little, Matthew Stephen Black, Michael W Harlan, Patrick James Shea, Ronald J Mittelstaedt, Steven F Bouck, Susan Lee, William J Razzouk and Worthing Jackman. View Institutional Ownership Trends for Waste Connections.

Who sold Waste Connections stock? Who is selling Waste Connections stock?

Waste Connections' stock was sold by a variety of institutional investors in the last quarter, including Barometer Capital Management Inc. and Nationwide Fund Advisors. Company insiders that have sold Waste Connections stock in the last year include Darrell W Chambliss, David Eddie, David M Hall, Edward E Guillet, James Little, Michael W Harlan, Patrick James Shea, Ronald J Mittelstaedt, Steven F Bouck and Worthing Jackman. View Insider Buying and Selling for Waste Connections.

Who bought Waste Connections stock? Who is buying Waste Connections stock?

Waste Connections' stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Robeco Institutional Asset Management B.V., APG Asset Management N.V. and Spirit of America Management Corp NY. View Insider Buying and Selling for Waste Connections.

How do I buy Waste Connections stock?

Shares of Waste Connections can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Waste Connections' stock price today?

One share of Waste Connections stock can currently be purchased for approximately $70.71.

MarketBeat Community Rating for Waste Connections (NYSE WCN)
Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  520 (Vote Outperform)
Underperform Votes:  314 (Vote Underperform)
Total Votes:  834
MarketBeat's community ratings are surveys of what our community members think about Waste Connections and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Waste Connections (NYSE:WCN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 8 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $73.67 (4.18% upside)
Consensus Price Target History for Waste Connections (NYSE:WCN)
Price Target History for Waste Connections (NYSE:WCN)
Analysts' Ratings History for Waste Connections (NYSE:WCN)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/13/2017KeyCorpBoost Price TargetOverweight$72.00 -> $75.00N/AView Rating Details
10/4/2017Stifel NicolausBoost Price TargetBuy$75.00 -> $80.00HighView Rating Details
8/7/2017Barclays PLCBoost Price TargetOverweight$70.00 -> $76.00LowView Rating Details
7/27/2017Credit Suisse GroupSet Price TargetBuy$75.00LowView Rating Details
7/27/2017Raymond James Financial, Inc.Boost Price TargetStrong-Buy$74.00 -> $75.00LowView Rating Details
7/27/2017TD SecuritiesBoost Price TargetHold$67.00 -> $73.00LowView Rating Details
7/27/2017Royal Bank Of CanadaBoost Price TargetOutperform$74.00 -> $76.00LowView Rating Details
6/23/2017Oppenheimer Holdings, Inc.Reiterated RatingOutperform$64.00 -> $70.00LowView Rating Details
4/28/2017WedbushReiterated RatingOutperform -> Outperform$62.00 -> $76.67LowView Rating Details
11/1/2016Goldman Sachs Group, Inc. (The)Initiated CoverageBuy$60.00N/AView Rating Details
8/25/2016MacquarieInitiated CoverageOutperform$59.33N/AView Rating Details
8/5/2016GabelliUpgradeHold -> BuyN/AView Rating Details
8/5/2016Imperial CapitalBoost Price TargetOutperform$53.33 -> $56.67N/AView Rating Details
7/15/2016BMO Capital MarketsReiterated RatingOutperform$50.67N/AView Rating Details
6/1/2016CIBCInitiated CoverageSector OutperformN/AView Rating Details
5/2/2016BB&T CorporationDowngradeBuy -> HoldN/AView Rating Details
4/6/2016National Bank FinancialBoost Price Target$20.00N/AView Rating Details
3/22/2016Sterne Agee CRTInitiated CoverageBuyN/AView Rating Details
12/17/2015J P Morgan Chase & CoInitiated CoverageOverweight$40.67N/AView Rating Details
(Data available from 10/23/2015 forward)


Earnings History for Waste Connections (NYSE:WCN)
Earnings by Quarter for Waste Connections (NYSE:WCN)
Earnings History by Quarter for Waste Connections (NYSE WCN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/25/20176/30/2017$0.53$0.55$1.15 billion$1.18 billionViewN/AView Earnings Details
4/26/2017Q1 17$0.46$0.49$1.08 billion$1.09 billionViewN/AView Earnings Details
2/21/2017Q416$0.43$0.45$1.02 billion$1.05 billionViewN/AView Earnings Details
10/26/2016Q316$0.47$0.48$1.07 billion$1.08 billionViewN/AView Earnings Details
8/3/2016Q216$0.36$0.44$713.58 million$727.60 millionViewN/AView Earnings Details
4/27/2016$0.13$0.17$459.16 million$471.40 millionViewN/AView Earnings Details
4/27/2016Q116$0.31$0.30$515.19 million$514.68 millionViewN/AView Earnings Details
2/24/2016Q415$0.21$0.24$483.74 million$483.90 millionViewN/AView Earnings Details
2/8/2016Q415$0.31$0.33$520.98 million$531.90 millionViewN/AView Earnings Details
10/30/2015Q315$0.19$0.23$489.30 million$488.50 millionViewN/AView Earnings Details
10/26/2015Q315$0.35$0.36$548.22 million$547.90 millionViewListenView Earnings Details
7/30/2015Q215$0.19$0.19$488.50 million$493.00 millionViewN/AView Earnings Details
7/27/2015Q215$0.33$0.33$529.14 million$531.31 millionViewListenView Earnings Details
4/30/2015Q115$0.16$0.17$457.70 million$460.21 millionViewN/AView Earnings Details
4/27/2015Q115$0.31$0.31$509.60 million$506.10 millionViewN/AView Earnings Details
2/26/2015Q414$0.23$0.23$503.99 million$504.60 millionViewN/AView Earnings Details
2/9/2015Q414$0.33$0.34$517.60 million$526.20 millionViewN/AView Earnings Details
10/30/2014$0.19$0.24$575.25 million$521.20 millionViewN/AView Earnings Details
10/30/2014Q314$0.19$0.24$522.60 million$521.20 millionViewN/AView Earnings Details
10/21/2014Q314$0.36$0.37$533.96 million$546.60 millionViewN/AView Earnings Details
7/25/2014Q214$0.17$0.24$511.68 million$513.50 millionViewN/AView Earnings Details
7/21/2014Q214$0.35$0.35$519.28 million$524.70 millionViewN/AView Earnings Details
4/28/2014$0.13$0.14ViewN/AView Earnings Details
4/21/2014Q114$0.27$0.29$473.71 million$481.70 millionViewListenView Earnings Details
2/13/2014Q413$0.17$0.19$500.61 million$502.00 millionViewN/AView Earnings Details
2/11/2014Q413$0.29$0.29$479.59 million$485.90 millionViewListenView Earnings Details
10/24/2013Q313$0.20$0.18$511.90 million$520.70 millionViewN/AView Earnings Details
10/23/2013Q313$0.34$0.34$501.95 million$503.60 millionViewListenView Earnings Details
7/30/2013Q213$0.17$0.19$502.63 million$516.80 millionViewN/AView Earnings Details
7/23/2013Q2 2013$0.29$0.31$481.88 million$489.38 millionViewListenView Earnings Details
5/1/2013Q113$0.13$0.17$466.73 million$486.60 millionViewN/AView Earnings Details
4/24/2013Q1 2013$0.22$0.25$449.45 million$449.90 millionViewListenView Earnings Details
2/14/2013Q412$0.17$0.16$472.84 million$495.82 millionViewN/AView Earnings Details
2/20/2013Q4 2012$0.25$0.25$445.70 million$448.80 millionViewListenView Earnings Details
10/26/2012Q312$0.21$0.19$496.16 million$487.20 millionViewN/AView Earnings Details
10/22/2012$0.25$0.27ViewN/AView Earnings Details
7/25/2012$0.19$0.16ViewN/AView Earnings Details
7/23/2012$0.24$0.24ViewN/AView Earnings Details
4/27/2012$0.16$0.13ViewN/AView Earnings Details
4/25/2012$0.21$0.21ViewN/AView Earnings Details
2/28/2012$0.18$0.21ViewN/AView Earnings Details
2/7/2012$0.23$0.23ViewN/AView Earnings Details
10/25/2011$0.21$0.19ViewN/AView Earnings Details
10/18/2011$0.27$0.28ViewN/AView Earnings Details
7/19/2011$0.25$0.26ViewN/AView Earnings Details
4/28/2011$0.16$0.15ViewN/AView Earnings Details
4/26/2011$0.20$0.21ViewN/AView Earnings Details
2/22/2011$0.15$0.15ViewN/AView Earnings Details
2/8/2011$0.21$0.21ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Waste Connections (NYSE:WCN)
2017 EPS Consensus Estimate: $2.62
2018 EPS Consensus Estimate: $2.90
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.66$0.72$0.69
Q2 20174$0.51$0.81$0.66
Q3 20174$0.57$0.84$0.64
Q4 20174$0.50$0.78$0.64
Q1 20182$0.53$0.79$0.66
Q2 20182$0.62$0.90$0.76
Q3 20182$0.63$0.92$0.78
Q4 20182$0.59$0.81$0.70
(Data provided by Zacks Investment Research)


Current Dividend Information for Waste Connections (NYSE:WCN)
Most Recent Dividend:8/22/2017
Annual Dividend:$0.48
Dividend Yield:0.68%
Dividend Growth:14.00% (3 Year Average)
Payout Ratio:40.56% (Trailing 12 Months of Earnings)
22.64% (Based on This Year's Estimates)
19.92% (Based on Next Year's Estimates)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Waste Connections (NYSE:WCN)

Dividend History by Quarter for Waste Connections (NYSE WCN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Waste Connections (NYSE:WCN)
Insider Ownership Percentage: 0.68%
Institutional Ownership Percentage: 82.57%
Insider Trades by Quarter for Waste Connections (NYSE:WCN)
Institutional Ownership by Quarter for Waste Connections (NYSE:WCN)
Insider Trades by Quarter for Waste Connections (NYSE:WCN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/2/2017Edward E. GuilletDirectorSell11,500$65.27$750,605.00View SEC Filing  
8/1/2017Darrell W. ChamblissCOOSell25,000$65.05$1,626,250.00View SEC Filing  
7/31/2017James LittleInsiderSell3,000$64.81$194,430.00View SEC Filing  
7/28/2017Worthing JackmanCFOSell30,000$65.00$1,950,000.00View SEC Filing  
6/7/2017Steven F. BouckPresidentSell15,000$96.05$1,440,750.00View SEC Filing  
6/6/2017Susan LeeDirectorBuy800$96.97$77,576.00View SEC Filing  
6/5/2017Michael W. HarlanDirectorSell3,400$96.49$328,066.00View SEC Filing  
6/2/2017Patrick James SheaVPSell6,000$96.95$581,700.00View SEC Filing  
5/16/2017Susan LeeDirectorBuy1,200$92.05$110,460.00View SEC Filing  
2/13/2017Darrell W ChamblissCOOSell4,773$80.24$382,985.52View SEC Filing  
2/13/2017David EddieVPSell2,962$80.24$237,670.88View SEC Filing  
2/13/2017David M HallInsiderSell1,748$80.25$140,277.00View SEC Filing  
2/13/2017Ronald J MittelstaedtCEOSell9,744$80.22$781,663.68View SEC Filing  
2/13/2017Steven F BouckPresidentSell4,212$80.24$337,970.88View SEC Filing  
2/13/2017Worthing JackmanCFOSell5,319$80.24$426,796.56View SEC Filing  
11/4/2016James LittleInsiderSell2,000$74.15$148,300.00View SEC Filing  
8/17/2016Darrell W ChamblissCOOSell2,000$77.42$154,840.00View SEC Filing  
8/10/2016William J RazzoukDirectorSell4,400$78.69$346,236.00View SEC Filing  
6/10/2016Patrick James SheaVPSell5,000$73.05$365,250.00View SEC Filing  
6/6/2016James LittleVPSell3,000$70.60$211,800.00View SEC Filing  
12/2/2015Matthew Stephen BlackVPSell2,300$55.31$127,213.00View SEC Filing  
11/11/2015David M HallVPSell12,030$55.29$665,138.70View SEC Filing  
11/11/2015Steven F BouckPresidentSell10,000$55.41$554,100.00View SEC Filing  
11/10/2015Darrell W. ChamblissCOOSell13,700$55.04$754,048.00View SEC Filing  
11/10/2015Worthing JackmanCFOSell19,375$54.98$1,065,237.50View SEC Filing  
9/10/2015Michael W HarlanDirectorSell4,100$48.33$198,153.00View SEC Filing  
5/1/2015Eric HansenVPSell1,418$47.26$67,014.68View SEC Filing  
3/10/2015Richard Keith WojahnVPSell2,000$47.04$94,080.00View SEC Filing  
3/9/2015Matthew Stephen BlackVPSell2,000$46.94$93,880.00View SEC Filing  
3/4/2015James LittleVPSell7,500$46.97$352,275.00View SEC Filing  
3/3/2015Scott Irving SchreiberVPSell4,482$47.50$212,895.00View SEC Filing  
2/19/2015Eric HansenVPSell3,884$46.58$180,916.72View SEC Filing  
11/18/2014Steven F BouckPresidentSell5,000$50.74$253,700.00View SEC Filing  
8/25/2014Gregory ThibodeauxVPSell1,113$48.61$54,102.93View SEC Filing  
7/29/2014Richard Keith WojahnVPSell1,000$48.53$48,530.00View SEC Filing  
7/28/2014David M HallVPSell9,161$48.13$440,918.93View SEC Filing  
7/25/2014James LittleVPSell5,000$48.64$243,200.00View SEC Filing  
6/10/2014Mary Anne WhitneyVPSell2,000$47.01$94,020.00View SEC Filing  
6/5/2014Darrell W ChamblissCOOSell20,000$46.29$925,800.00View SEC Filing  
4/29/2014Scott Irving SchreiberVPSell3,036$45.14$137,045.04View SEC Filing  
4/24/2014Patrick James SheaVPSell4,000$44.79$179,160.00View SEC Filing  
3/4/2014Eric HansenVPSell4,965$43.74$217,169.10View SEC Filing  
3/3/2014James LittleVPSell4,898$43.12$211,201.76View SEC Filing  
2/18/2014Richard Keith WojahnVPSell3,000$44.10$132,300.00View SEC Filing  
2/14/2014Eric HansenVPSell2,122$44.23$93,856.06View SEC Filing  
12/9/2013James LittleVPSell2,905$44.22$128,459.10View SEC Filing  
12/9/2013Steven BouckPresidentSell8,401$44.39$372,920.39View SEC Filing  
11/18/2013David HallVPSell29,650$43.75$1,297,187.50View SEC Filing  
10/28/2013Worthing JackmanCFOSell17,250$44.05$759,862.50View SEC Filing  
10/25/2013Robert DavisDirectorSell1,000$44.21$44,210.00View SEC Filing  
9/6/2013Michael W HarlanDirectorSell15,000$42.41$636,150.00View SEC Filing  
8/12/2013Richard Keith WojahnVPSell2,179$43.69$95,200.51View SEC Filing  
8/6/2013Robert DavisDirectorSell1,000$43.67$43,670.00View SEC Filing  
5/14/2013Gregory ThibodeauxVPSell2,500$38.84$97,100.00View SEC Filing  
5/7/2013Darrell W ChamblissCOOSell18,853$38.04$717,168.12View SEC Filing  
2/27/2013Scott Irving SchreiberVPSell3,000$34.28$102,840.00View SEC Filing  
2/26/2013Richard Keith WojahnVPSell3,000$34.15$102,450.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Waste Connections (NYSE:WCN)
Latest Headlines for Waste Connections (NYSE:WCN)
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Waste Connections (WCN) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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