Top-Rated StocksTop-RatedNYSE:WCN Waste Connections (WCN) Stock Forecast, Price & News $139.49 +1.90 (+1.38%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$137.21▼$140.1850-Day Range$133.45▼$145.1052-Week Range$113.50▼$148.20Volume647,109 shsAverage Volume909,725 shsMarket Capitalization$35.93 billionP/E Ratio42.14Dividend Yield0.73%Price Target$156.22 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Waste Connections MarketRank™ ForecastAnalyst RatingBuy3.13 Rating ScoreUpside/Downside12.0% Upside$156.22 Price TargetShort InterestHealthy0.98% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.10Upright™ Environmental ScoreNews Sentiment0.00Based on 2 Articles This WeekInsider TradingSelling Shares$1.18 M Sold Last QuarterProj. Earnings Growth13.33%From $4.20 to $4.76 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.67 out of 5 starsBusiness Services Sector50th out of 339 stocksRefuse Systems Industry2nd out of 6 stocks 2.6 Analyst's Opinion Consensus RatingWaste Connections has received a consensus rating of Buy. The company's average rating score is 3.13, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $156.22, Waste Connections has a forecasted upside of 12.0% from its current price of $139.49.Amount of Analyst CoverageWaste Connections has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.98% of the float of Waste Connections has been sold short.Short Interest Ratio / Days to CoverWaste Connections has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Waste Connections has recently increased by 3.70%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend YieldWaste Connections has a dividend yield of 0.75%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthWaste Connections has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of Waste Connections is 30.82%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Waste Connections will have a dividend payout ratio of 21.43% next year. This indicates that Waste Connections will be able to sustain or increase its dividend. Previous Next 3.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreWaste Connections has received a 42.03% net impact score from Upright. The largest positive contribution comes from its "Waste" impact, which is mostly driven by its "Waste separation services", "Waste shredding services", "Waste sorting services", "Waste rinsing services", "Waste melting services", and "Waste incineration services" products. See details.Environmental SustainabilityThe Environmental Impact score for Waste Connections is -0.10. Previous Next 1.7 News and Social Media Coverage News SentimentWaste Connections has a news sentiment score of 0.00. 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 0.46 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Waste Connections this week, compared to 4 articles on an average week.Search InterestOnly 5 people have searched for WCN on MarketBeat in the last 30 days. This is a decrease of -55% compared to the previous 30 days.MarketBeat Follows8 people have added Waste Connections to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Waste Connections insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,177,955.00 in company stock.Percentage Held by InsidersOnly 0.35% of the stock of Waste Connections is held by insiders.Percentage Held by Institutions85.58% of the stock of Waste Connections is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Waste Connections are expected to grow by 13.33% in the coming year, from $4.20 to $4.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Waste Connections is 42.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Waste Connections is 42.14, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 290.10.Price to Earnings Growth RatioWaste Connections has a PEG Ratio of 2.91. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioWaste Connections has a P/B Ratio of 4.96. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Waste Connections (NYSE:WCN) StockWaste Connections, Inc. engages in the provision of non-hazardous waste collection, transfer, and disposal services. The firm offers its services to residential, commercial, landfill and transfer stations, and industries such as office, apartments multi-family, construction and demolition, property management, retail, restaurant, and manufacturing. It operates through the following geographical segments: Eastern, Southern, Western, Central, and Canada. The company was founded by Ronald J. Mittelstaedt on September 9, 1997 and is headquartered in Woodbridge, Canada.Read More 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. Email Address WCN Stock News HeadlinesMay 18, 2023 | marketbeat.comThe 10 Top-Rated Stocks by Wall Street Analysts in August 2021 (WCN)Analyst ratings reflect the sentiment of individuals who have significant knowledge of a company’s operations. For a company to be included on MarketBeat’s top-rated list they must have received at least five ratings within the last 12 months. Here are the 10 companies that have received the highest average rating by Wall Street analysts in August 2021.May 29, 2023 | msn.com$100 Invested In This Stock 20 Years Ago Would Be Worth $2,100 TodayJune 2, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 21, 2023 | americanbankingnews.comWaste Connections (NYSE:WCN) Receives New Coverage from Analysts at StockNews.comMay 19, 2023 | finance.yahoo.comWhy Investors Should Retain Waste Connections (WCN) Stock NowMay 19, 2023 | americanbankingnews.comBrokerages Set Waste Connections, Inc. (NYSE:WCN) Target Price at $156.22May 17, 2023 | finance.yahoo.comPossible Bearish Signals With Waste Connections Insiders Disposing StockMay 17, 2023 | finance.yahoo.comPossible Bearish Signals With Waste Connections Insiders Disposing Stock \June 2, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 12, 2023 | msn.comWaste Connections Stock: Profiting From Trash in a Sustainable WorldMay 11, 2023 | msn.com$1000 Invested In Waste Connections 20 Years Ago Would Be Worth This Much TodayMay 9, 2023 | seekingalpha.comWaste Connections: FY23 Guidance Seems Too ConservativeMay 8, 2023 | finance.yahoo.comDo Waste Connections' (NYSE:WCN) Earnings Warrant Your Attention?May 8, 2023 | americanbankingnews.comWaste Connections, Inc. Declares Quarterly Dividend of $0.26 (NYSE:WCN)May 5, 2023 | marketwatch.comWaste Connections Inc. stock falls Friday, underperforms marketMay 3, 2023 | americanbankingnews.comOppenheimer Weighs in on Waste Connections, Inc.'s Q2 2023 Earnings (NYSE:WCN)May 2, 2023 | americanbankingnews.comWaste Connections (NYSE:WCN) Given New $161.00 Price Target at Raymond JamesMay 2, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Waste Connections, Inc. Decreased by Atb Cap Markets (NYSE:WCN)May 2, 2023 | americanbankingnews.comWaste Connections, Inc. Expected to Post Q2 2023 Earnings of $1.02 Per Share (NYSE:WCN)May 1, 2023 | msn.comWaste Connections Earnings Perspective: Return On Capital EmployedMay 1, 2023 | finance.yahoo.comIs Waste Connections, Inc.'s (NYSE:WCN) Stock's Recent Performance A Reflection Of Its Financial Health?April 28, 2023 | americanbankingnews.comWaste Connections (NYSE:WCN) Issues Earnings ResultsApril 27, 2023 | msn.comWaste Connections (WCN) Declares $0.26 DividendApril 27, 2023 | finanznachrichten.deWaste Connections, Inc.: Waste Connections Reports First Quarter 2023 ResultsApril 27, 2023 | americanbankingnews.comKeyCorp Comments on Waste Connections, Inc.'s Q1 2023 Earnings (NYSE:WCN)April 25, 2023 | americanbankingnews.comWaste Connections (WCN) Scheduled to Post Quarterly Earnings on WednesdayApril 24, 2023 | theglobeandmail.comWaste Connections founder and exec chairman Ronald Mittelstaedt returns to CEO roleSee More Headlines WCN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WCN Company Calendar Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Last Earnings4/26/2023Ex-Dividend for 5/24 Dividend5/09/2023Dividend Payable5/24/2023Today6/02/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Refuse systems Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:WCN CUSIPN/A CIK1318220 Webwww.wasteconnections.com Phone(905) 532-7510Fax905-532-7580Employees22,109Year Founded1997Price Target and Rating Average Stock Price Forecast$156.22 High Stock Price Forecast$165.00 Low Stock Price Forecast$135.00 Forecasted Upside/Downside+12.0%Consensus RatingBuy Rating Score (0-4)3.13 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$3.31 Trailing P/E Ratio42.14 Forward P/E Ratio33.21 P/E Growth2.91Net Income$835.66 million Net Margins11.43% Pretax Margin14.36% Return on Equity14.22% Return on Assets6.08% Debt Debt-to-Equity Ratio0.96 Current Ratio0.82 Quick Ratio0.82 Sales & Book Value Annual Sales$7.21 billion Price / Sales4.98 Cash Flow$7.58 per share Price / Cash Flow18.41 Book Value$28.11 per share Price / Book4.96Miscellaneous Outstanding Shares257,560,000Free Float256,656,000Market Cap$35.93 billion OptionableOptionable Beta0.67 Social Links Key ExecutivesRonald J. MittelstaedtPresident, Chief Executive Officer & DirectorDarrell W. ChamblissChief Operating Officer & Executive Vice PresidentMary Anne WhitneyChief Financial Officer & Senior Vice PresidentEric O. HansenChief Information Officer & Senior Vice PresidentJohn M. PerkeyVice President-Compliance & Government AffairsKey CompetitorsRepublic ServicesNYSE:RSGGFL EnvironmentalNYSE:GFLWaste ManagementNYSE:WMBlockNYSE:SQIQVIANYSE:IQVView All CompetitorsInsiders & InstitutionsToroso Investments LLCBought 1,157 shares on 5/23/2023Ownership: 0.002%Ameriprise Financial Inc.Bought 446,147 shares on 5/22/2023Ownership: 0.339%Putnam Investments LLCSold 64,935 shares on 5/22/2023Ownership: 0.297%Westover Capital Advisors LLCSold 83 shares on 5/22/2023Ownership: 0.004%American TrustSold 238 shares on 5/22/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions WCN Stock - Frequently Asked Questions Should I buy or sell Waste Connections stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Waste Connections in the last year. There are currently 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WCN shares. View WCN analyst ratings or view top-rated stocks. What is Waste Connections' stock price forecast for 2023? 8 equities research analysts have issued twelve-month target prices for Waste Connections' stock. Their WCN share price forecasts range from $135.00 to $165.00. On average, they predict the company's share price to reach $156.22 in the next year. This suggests a possible upside of 12.0% 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 2023? Waste Connections' stock was trading at $132.56 at the beginning of 2023. Since then, WCN shares have increased by 5.2% and is now trading at $139.49. View the best growth stocks for 2023 here. Are investors shorting Waste Connections? Waste Connections saw a decrease in short interest in April. As of April 30th, there was short interest totaling 2,430,000 shares, a decrease of 23.8% from the April 15th total of 3,190,000 shares. Based on an average daily trading volume, of 928,600 shares, the days-to-cover ratio is presently 2.6 days. Approximately 1.0% of the shares of the company are short sold. View Waste Connections' Short Interest. When is Waste Connections' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our WCN earnings forecast. How were Waste Connections' earnings last quarter? Waste Connections, Inc. (NYSE:WCN) posted its earnings results on Wednesday, April, 26th. The business services provider reported $0.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.88 by $0.01. The business services provider had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.90 billion. Waste Connections had a trailing twelve-month return on equity of 14.22% and a net margin of 11.43%. Waste Connections's revenue for the quarter was up 15.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.82 earnings per share. How often does Waste Connections pay dividends? What is the dividend yield for Waste Connections? Waste Connections announced a quarterly dividend on Wednesday, April 26th. Shareholders of record on Wednesday, May 10th will be given a dividend of $0.255 per share on Wednesday, May 24th. This represents a $1.02 annualized dividend and a yield of 0.73%. The ex-dividend date of this dividend is Tuesday, May 9th. Read our dividend analysis for WCN. What ETFs hold Waste Connections' stock? 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), Capital Group Core Equity ETF (CGUS), iShares Global Industrials ETF (EXI), Capital Group Growth ETF (CGGR), iShares MSCI Global Min Vol Factor ETF (ACWV), iShares ESG Advanced MSCI USA ETF (USXF) and iShares International Dividend Growth ETF (IGRO). Is Waste Connections a good dividend stock? Waste Connections (NYSE:WCN) pays an annual dividend of $1.02 per share and currently has a dividend yield of 0.75%. 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 30.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WCN will have a dividend payout ratio of 21.43% 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 issued shares were payable 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 updated its second quarter 2023 earnings guidance on Friday, April, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.00 billion-$2.00 billion, compared to the consensus revenue estimate of $2.04 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), CA (CA), Alibaba Group (BABA), BlackRock (BLK), Visa (V), Home Depot (HD), Micron Technology (MU). What is Waste Connections' stock symbol? Waste Connections trades on the New York Stock Exchange (NYSE) under the ticker symbol "WCN." Who are Waste Connections' major shareholders? Waste Connections' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (3.51%), WCM Investment Management LLC (3.37%), Pictet Asset Management SA (2.44%), FMR LLC (2.06%), Price T Rowe Associates Inc. MD (2.03%) and 1832 Asset Management L.P. (1.44%). 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, Ronald J Mittelstaedt, Susan Netherton 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Waste Connections' stock price today? One share of WCN stock can currently be purchased for approximately $139.49. How much money does Waste Connections make? Waste Connections (NYSE:WCN) has a market capitalization of $35.93 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 $3.31 on an earnings per share basis. How many employees does Waste Connections have? The company employs 22,109 workers across the globe. How can I contact Waste Connections? 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. This page (NYSE:WCN) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Waste Connections, Inc. 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