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NYSE:RSG

Republic Services (RSG) Stock Price, News & Analysis

$190.30
+0.96 (+0.51%)
(As of 07/26/2024 ET)
Today's Range
$188.82
$192.00
50-Day Range
$181.56
$205.45
52-Week Range
$140.23
$206.54
Volume
1.85 million shs
Average Volume
1.21 million shs
Market Capitalization
$59.93 billion
P/E Ratio
33.39
Dividend Yield
1.12%
Price Target
$211.69

Republic Services MarketRank™ Stock Analysis

Analyst Rating
Hold
2.47 Rating Score
Upside/​Downside
11.2% Upside
$211.69 Price Target
Short Interest
Healthy
1.31% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
0.10
Upright™ Environmental Score
News Sentiment
0.55mentions of Republic Services in the last 14 days
Based on 46 Articles This Week
Insider Trading
Selling Shares
$1.21 M Sold Last Quarter
Proj. Earnings Growth
10.41%
From $6.05 to $6.68 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.89 out of 5 stars

Business Services Sector

8th out of 317 stocks

Refuse Systems Industry

1st out of 6 stocks

RSG stock logo

About Republic Services Stock (NYSE:RSG)

Republic Services, Inc., together with its subsidiaries, offers environmental services in the United States and Canada. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions. Its residential collection services include curbside collection of material for transport to transfer stations, landfills, recycling centers, and organics processing facilities; supply of recycling and waste containers; and renting of compactors. The company also engages in the processing and sale of old corrugated containers, old newsprint, aluminum, glass, and other materials; and provision of landfill services. It serves small-container, large-container, and residential customers. The company was incorporated in 1996 and is based in Phoenix, Arizona.

RSG Stock Price History

RSG Stock News Headlines

RSG Stock Earnings: Republic Servs Beats EPS, Beats Revenue for Q2 2024
7 Recession-Resistant Stocks to Put Your Mind at Ease
Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
We’re in a code red crisis and 99% of Americans are clueless
Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES!
Republic Services (NYSE:RSG) Downgraded by StockNews.com to "Buy"
Q2 2024 Republic Services Inc Earnings Call Transcript
Republic Services (RSG) Q2 Earnings: What To Expect
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Ex-Dividend for 7/15 Dividend
7/02/2024
Dividend Payable
7/15/2024
Today
7/26/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Refuse systems
Sub-Industry
Environmental & Facilities Services
CUSIP
76075910
Employees
41,000
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$211.69
High Stock Price Target
$230.00
Low Stock Price Target
$188.00
Potential Upside/Downside
+10.5%
Consensus Rating
Hold
Rating Score (0-4)
2.47
Research Coverage
17 Analysts

Profitability

Net Income
$1.73 billion
Pretax Margin
14.88%

Debt

Sales & Book Value

Annual Sales
$14.96 billion
Cash Flow
$10.29 per share
Book Value
$33.51 per share

Miscellaneous

Free Float
314,649,000
Market Cap
$60.32 billion
Optionable
Optionable
Beta
0.69

Social Links

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Should I Buy Republic Services Stock? RSG Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Republic Services, Inc.:

  • Republic Services has a consistent track record of paying dividends, with a current annualized dividend of $2.14 per share and a dividend yield of 1.14%. This can provide investors with a steady income stream.
  • The company has received positive ratings from analysts, with a consensus rating of "Moderate Buy" and an average price target of $201.14. This indicates confidence in the company's future performance.
  • Republic Services' Chief Marketing Officer recently purchased 6,831 shares of the company's stock, demonstrating insider confidence in the company's growth potential.
  • The company's dividend payout ratio (DPR) is 37.54%, indicating that a significant portion of earnings is returned to shareholders in the form of dividends.
  • Republic Services has seen multiple price target upgrades from analysts, with target prices ranging from $192.00 to $230.00, suggesting potential for stock price appreciation.

Cons

Investors should be bearish about investing in Republic Services, Inc. for these reasons:

  • Republic Services' stock price may be impacted by market volatility and economic downturns, affecting overall investment returns.
  • The company's stock ownership by corporate insiders is relatively low at 0.09%, which may raise concerns about insider confidence in the company's future prospects.
  • While the company has a "Moderate Buy" consensus rating, there are also eight analysts who have rated the stock as a hold, indicating some uncertainty in the market regarding Republic Services' performance.
  • Investors should consider the sector performance rating of "sector perform" given by Scotiabank, which suggests average performance compared to other companies in the sector.
  • Republic Services' stock price may be influenced by external factors such as regulatory changes in the environmental services industry, which could impact the company's operations and financial results.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 30, 2024. Please send any questions or comments about these Republic Services pros and cons to contact@marketbeat.com.

RSG Stock Analysis - Frequently Asked Questions

How have RSG shares performed this year?

Republic Services' stock was trading at $164.91 at the beginning of 2024. Since then, RSG shares have increased by 15.4% and is now trading at $190.30.
View the best growth stocks for 2024 here
.

How were Republic Services' earnings last quarter?

Republic Services, Inc. (NYSE:RSG) issued its earnings results on Tuesday, April, 30th. The business services provider reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.10. The firm's revenue for the quarter was up 7.8% on a year-over-year basis.
Read the conference call transcript
.

How will Republic Services' stock buyback program work?

Republic Services' Board of Directors approved a share buyback plan on Thursday, October 26th 2023, which permits the company to repurchase $3,000,000,000 in shares, according to EventVestor. This means that the company could buy up to 6.4% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board believes its stock is undervalued.

What is Donald W. (Don) Slager's approval rating as Republic Services' CEO?

1,111 employees have rated Republic Services Chief Executive Officer Donald W. (Don) Slager on Glassdoor.com. Donald W. (Don) Slager has an approval rating of 82% among the company's employees.

Does Republic Services have any subsidiaries?

The following companies are subsidiaries of Republic Services: US Ecology, ACV Enviro, Santek Waste Services LLC, RE Community Holdings II Inc, City Carton Company, Tervita, Rainbow Disposal Co.Inc, and more.

Who are Republic Services' major shareholders?

Top institutional shareholders of Republic Services include Allspring Global Investments Holdings LLC (0.78%), Bank of New York Mellon Corp (0.47%), Raymond James & Associates (0.24%) and M&G Plc (0.21%). Insiders that own company stock include Ark Jon Vander, Timothy E Stuart, Tomago Collins, Amanda Hodges, Brian A Goebel, Brian M Delghiaccio, Jennifer M Kirk, Katharine Weymouth, Sandra M Volpe, Cascade Investment, LLC, Terry Holohan, Mark Potts, Adrian Reynolds and Marthinus (Martin) Botha.
View institutional ownership trends
.

How do I buy shares of Republic Services?

Shares of RSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Republic Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Republic Services investors own include AT&T (T), AbbVie (ABBV), Johnson & Johnson (JNJ), Pfizer (PFE), Intel (INTC), Verizon Communications (VZ) and Walmart (WMT).

This page (NYSE:RSG) was last updated on 7/26/2024 by MarketBeat.com Staff

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