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NYSE:WCNWaste Connections Stock Price, Forecast & News

$94.04
-0.15 (-0.16 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$93.08
Now: $94.04
$94.53
50-Day Range
$83.44
MA: $88.57
$94.19
52-Week Range
$70.87
Now: $94.04
$105.17
Volume1.29 million shs
Average Volume915,638 shs
Market Capitalization$24.72 billion
P/E Ratio42.75
Dividend Yield0.79%
Beta0.46
Waste Connections, Inc. provides waste collection, transfer, disposal, and recycling services in the United States and Canada. The company operates through six segments: Southern, Western, Eastern, Canada, Central, and Exploration and Production (E&P). It offers collection services to residential, commercial, municipal, industrial, and 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 also owns and operates transfer stations that receive compact and 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 that require clean-up after a spill, reserve pit clean-up, or pipeline rupture. Further, the company offers container and chassis sales and leasing services to its customers. As of December 31, 2018, it owned or operated a network of 279 solid waste collection operations; 113 transfer stations; 56 municipal solid waste (MSW) landfills; 11 E&P waste landfills; 14 non-MSW landfills; 64 recycling operations; 4 intermodal operations; 22 E&P liquid waste injection wells; and 19 E&P waste treatment and oil recovery facilities. It also operated additional 49 transfer stations, 12 MSW landfills, and 2 intermodal operations. Waste Connections, Inc. was founded in 1997 and is based in Vaughan, Canada.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 3.0Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.74 out of 5 stars


Industry, Sector and Symbol

Industry Refuse systems
Sub-IndustryN/A
CUSIPN/A
Phone905-532-7510

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.39 billion
Cash Flow$5.57 per share
Book Value$25.44 per share

Profitability

Net Income$566.84 million

Miscellaneous

Employees18,204
Market Cap$24.72 billion
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

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Waste Connections (NYSE:WCN) Frequently Asked Questions

How has Waste Connections' stock been impacted by COVID-19 (Coronavirus)?

Waste Connections' stock was trading at $93.73 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WCN shares have increased by 0.3% and is now trading at $94.04. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Waste Connections?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waste Connections in the last year. There are currently 3 hold ratings, 11 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Waste Connections.

When is Waste Connections' next earnings date?

Waste Connections is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Waste Connections.

How were Waste Connections' earnings last quarter?

Waste Connections Inc (NYSE:WCN) announced its quarterly earnings results on Thursday, May, 7th. The business services provider reported $0.65 EPS for the quarter, beating the consensus estimate of $0.63 by $0.02. The business services provider earned $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. Waste Connections had a return on equity of 10.71% and a net margin of 10.63%. The business's revenue was up 8.7% on a year-over-year basis. During the same period last year, the business earned $0.62 earnings per share. View Waste Connections' earnings history.

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

Waste Connections announced a quarterly dividend on Thursday, April 23rd. Shareholders of record on Tuesday, May 5th will be given a dividend of $0.185 per share on Tuesday, May 19th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date is Monday, May 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 minted shares were issued to shareholders after the market closes 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.

What price target have analysts set for WCN?

15 equities research analysts have issued 1-year target prices for Waste Connections' stock. Their forecasts range from $94.00 to $146.00. On average, they expect Waste Connections' stock price to reach $105.57 in the next year. This suggests a possible upside of 12.3% from the stock's current price. View analysts' price targets for Waste Connections.

Has Waste Connections been receiving favorable news coverage?

Headlines about WCN stock have been trending somewhat negative on Sunday, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Waste Connections earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned media headlines about the business services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news aboutWaste Connections.

Are investors shorting Waste Connections?

Waste Connections saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,070,000 shares, an increase of 21.8% from the April 30th total of 1,700,000 shares. Based on an average daily trading volume, of 1,540,000 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.8% of the company's stock are sold short. View Waste Connections' Current Options Chain.

Who are some of Waste Connections' key competitors?

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), BlackRock (BLK), CA (CA), Ingersoll-Rand (IR), Alibaba Group (BABA), Home Depot (HD), Honeywell International (HON), NVIDIA (NVDA) and Visa (V).

Who are Waste Connections' key executives?

Waste Connections' management team includes the following people:
  • Mr. Worthing F. Jackman, Pres & Principal Exec. Officer (Age 55)
  • Mr. Ronald J. Mittelstaedt, Chairman & CEO (Leave of Absence) (Age 56)
  • Mr. Darrell W. Chambliss, COO & Exec. VP (Age 55)
  • Mr. Patrick J. Shea, Sr. VP, Gen. Counsel & Sec. (Age 48)
  • Ms. Mary Anne Whitney, Sr. VP & CFO (Age 55)

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 Capital International Investors (3.67%), BlackRock Inc. (3.35%), The Manufacturers Life Insurance Company (2.12%), JPMorgan Chase & Co. (1.82%), Wells Fargo & Company MN (1.38%) and Pictet Asset Management Ltd. (1.37%). Company insiders that own Waste Connections stock include Darrell W Chambliss, David Eddie, Edward E Guillet, Eric Hansen, James Little, Matthew Stephen Black, Michael W Harlan, Patrick James Shea, William J Razzouk and Worthing Jackman. View institutional ownership trends for Waste Connections.

Which institutional investors are selling Waste Connections stock?

WCN stock was sold by a variety of institutional investors in the last quarter, including 1832 Asset Management L.P., Morgan Stanley, Morgan Stanley, Deutsche Bank AG, Wellington Management Group LLP, Wells Fargo & Company MN, JPMorgan Chase & Co., and Janus Henderson Group PLC. Company insiders that have sold Waste Connections company stock in the last year include Darrell W Chambliss, David Eddie, Edward E Guillet, Eric Hansen, James Little, Matthew Stephen Black, Michael W Harlan, Patrick James Shea, William J Razzouk, and Worthing Jackman. View insider buying and selling activity for Waste Connections.

Which institutional investors are buying Waste Connections stock?

WCN stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Franklin Resources Inc., AGF Investments Inc., Pictet Asset Management Ltd., The Manufacturers Life Insurance Company , Assenagon Asset Management S.A., Fred Alger Management LLC, and Swiss National Bank. View insider buying and selling activity for Waste Connections.

How do I buy shares of Waste Connections?

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

What is Waste Connections' stock price today?

One share of WCN stock can currently be purchased for approximately $94.04.

How big of a company is Waste Connections?

Waste Connections has a market capitalization of $24.72 billion and generates $5.39 billion in revenue each year. The business services provider earns $566.84 million in net income (profit) each year or $2.72 on an earnings per share basis. Waste Connections employs 18,204 workers across the globe.

What is Waste Connections' official website?

The official website for Waste Connections is www.wasteconnections.com.

How can I contact Waste Connections?

Waste Connections' mailing address is 610 APPLEWOOD CRESCENT SUITE 200, VAUGHAN A6, L4K 0C3. The business services provider can be reached via phone at 905-532-7510 or via email at [email protected]

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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