GFL Environmental (GFL) Scheduled to Post Quarterly Earnings on Wednesday

GFL Environmental (NYSE:GFL) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect GFL Environmental to post earnings of $0.24 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

GFL Environmental Price Performance

Shares of NYSE GFL opened at $41.58 on Monday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.89 and a quick ratio of 0.89. The firm has a market capitalization of $15.66 billion, a PE ratio of -27.72 and a beta of 1.15. GFL Environmental has a 1-year low of $26.87 and a 1-year high of $43.79. The business’s fifty day moving average price is $40.74 and its two-hundred day moving average price is $38.06.

GFL Environmental Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th were given a dividend of $0.014 per share. The ex-dividend date was Wednesday, October 16th. This represents a $0.06 annualized dividend and a dividend yield of 0.13%. GFL Environmental’s dividend payout ratio is currently -4.00%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on GFL shares. Royal Bank of Canada boosted their target price on shares of GFL Environmental from $46.00 to $48.00 and gave the company an “outperform” rating in a research note on Friday, August 2nd. BMO Capital Markets downgraded GFL Environmental from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $43.00 to $42.00 in a research report on Tuesday, July 9th. Raymond James raised their target price on GFL Environmental from $43.00 to $45.00 and gave the company an “outperform” rating in a research report on Monday, July 22nd. Finally, Scotiabank assumed coverage on GFL Environmental in a research report on Friday, October 4th. They set a “sector outperform” rating and a $50.00 price target for the company. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $43.56.

About GFL Environmental

GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.