Research Analysts Offer Predictions for WCN FY2025 Earnings

Waste Connections, Inc. (NYSE:WCN) – Research analysts at William Blair issued their FY2025 earnings per share (EPS) estimates for shares of Waste Connections in a report released on Thursday, April 3rd. William Blair analyst T. Romeo expects that the business services provider will post earnings of $5.23 per share for the year. William Blair has a “Outperform” rating on the stock. The consensus estimate for Waste Connections’ current full-year earnings is $5.28 per share. William Blair also issued estimates for Waste Connections’ FY2026 earnings at $5.95 EPS.

A number of other analysts also recently commented on the stock. Stifel Nicolaus boosted their price objective on shares of Waste Connections from $205.00 to $212.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. CIBC lowered their price target on Waste Connections from $215.00 to $212.00 and set an “outperform” rating on the stock in a report on Thursday, December 19th. Oppenheimer lifted their price objective on Waste Connections from $192.00 to $195.00 and gave the stock an “outperform” rating in a report on Friday, December 13th. Morgan Stanley boosted their target price on Waste Connections from $214.00 to $219.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Finally, Jefferies Financial Group dropped their price target on Waste Connections from $225.00 to $210.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $204.00.

Waste Connections Stock Performance

NYSE:WCN opened at $188.07 on Monday. The firm’s fifty day simple moving average is $188.80 and its 200-day simple moving average is $183.31. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.03. The stock has a market cap of $48.59 billion, a PE ratio of 78.69, a price-to-earnings-growth ratio of 3.07 and a beta of 0.67. Waste Connections has a fifty-two week low of $160.34 and a fifty-two week high of $201.66.

Waste Connections (NYSE:WCN) last announced its quarterly earnings data on Wednesday, February 12th. The business services provider reported $1.16 earnings per share for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.04). Waste Connections had a return on equity of 15.54% and a net margin of 6.92%.

Waste Connections Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Thursday, February 27th were issued a dividend of $0.315 per share. The ex-dividend date of this dividend was Thursday, February 27th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 0.67%. Waste Connections’s dividend payout ratio (DPR) is presently 52.72%.

Hedge Funds Weigh In On Waste Connections

A number of institutional investors have recently modified their holdings of the company. Manchester Capital Management LLC purchased a new stake in Waste Connections in the 4th quarter worth approximately $26,000. Private Trust Co. NA grew its position in shares of Waste Connections by 153.3% in the fourth quarter. Private Trust Co. NA now owns 152 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 92 shares during the period. Stonebridge Financial Group LLC acquired a new position in Waste Connections in the fourth quarter valued at $27,000. Aster Capital Management DIFC Ltd acquired a new position in Waste Connections in the fourth quarter valued at $28,000. Finally, Smartleaf Asset Management LLC lifted its position in Waste Connections by 59.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 190 shares of the business services provider’s stock worth $33,000 after buying an additional 71 shares during the period. Institutional investors and hedge funds own 86.09% of the company’s stock.

Waste Connections Company Profile

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (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.