Waste Connections - WCN Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Waste Connections in the last year. There are currently 1 hold rating, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" WCN shares.
View WCN analyst ratings or view top-rated stocks.

9 analysts have issued 12 month target prices for Waste Connections' shares. Their WCN share price forecasts range from $135.00 to $158.00. On average, they expect the company's stock price to reach $148.25 in the next twelve months. This suggests a possible upside of 3.0% 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 $136.27 at the start of the year. Since then, WCN stock has increased by 5.6% and is now trading at $143.92.
View the best growth stocks for 2022 here.

Waste Connections saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,840,000 shares, an increase of 37.9% from the June 15th total of 2,060,000 shares. Based on an average trading volume of 1,010,000 shares, the days-to-cover ratio is currently 2.8 days. Currently, 1.1% of the company's shares are sold short.
View Waste Connections' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our WCN earnings forecast.

Waste Connections, Inc. (NYSE:WCN) posted its quarterly earnings data on Wednesday, October, 27th. The business services provider reported $0.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.04. The business services provider earned $1.60 billion during the quarter, compared to analyst estimates of $1.57 billion. Waste Connections had a trailing twelve-month return on equity of 13.38% and a net margin of 10.25%. Waste Connections's quarterly revenue was up 14.9% compared to the same quarter last year. During the same period last year, the company earned $0.72 EPS.

Waste Connections announced a quarterly dividend on Wednesday, August 3rd. Investors of record on Thursday, August 18th will be paid a dividend of $0.23 per share on Thursday, September 1st. This represents a $0.92 dividend on an annualized basis and a yield of 0.64%. The ex-dividend date is Wednesday, August 17th.
Read our dividend analysis for WCN.

Waste Connections (NYSE:WCN) pays an annual dividend of $0.92 per share and currently has a dividend yield of 0.64%. 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 34.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WCN will have a dividend payout ratio of 21.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WCN.

Waste Connections's stock 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 distributed 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.

Waste Connections updated its third quarter 2022 earnings guidance on Thursday, August, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.86 billion-$1.86 billion, compared to the consensus revenue estimate of $2.35 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."

Waste Connections' stock is owned by a variety of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (7.49%), Bank of Montreal Can (3.26%), Pictet Asset Management SA (2.66%), Bishop Rock Capital L.P. (2.15%), TD Asset Management Inc. (2.14%) and FMR LLC (1.18%). Insiders that own company stock include Brian Harris, David Eddie, Eric Hansen, James Little, Jason Craft, Matthew Stephen Black, Michael W Harlan, Patrick James Shea, Ronald J Mittelstaedt, Susan Netherton, William J Razzouk and Worthing Jackman.
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.

One share of WCN stock can currently be purchased for approximately $143.92.

Waste Connections (NYSE:WCN) has a market capitalization of $37.01 billion and generates $6.15 billion in revenue each year. The business services provider earns $618.05 million in net income (profit) each year or $2.64 on an earnings per share basis.

The company employs 19,998 workers across the globe.

Waste Connections was founded in 1997.

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.