Equities Analysts Set Expectations for GFL FY2026 Earnings

GFL Environmental Inc. (NYSE:GFL) – Research analysts at Scotiabank issued their FY2026 EPS estimates for GFL Environmental in a research note issued on Tuesday, August 4th. Scotiabank analyst K. Gupta anticipates that the company will post earnings per share of $0.50 for the year. Scotiabank currently has a “Sector Outperform” rating and a $56.00 price objective on the stock. The consensus estimate for GFL Environmental’s current full-year earnings is $0.68 per share. Scotiabank also issued estimates for GFL Environmental’s FY2027 earnings at $0.75 EPS.

Several other equities research analysts have also recently commented on the stock. Weiss Ratings upgraded shares of GFL Environmental from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, July 29th. Citigroup set a $51.00 price objective on shares of GFL Environmental and gave the company a “buy” rating in a research report on Monday, July 6th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of GFL Environmental in a research note on Friday, July 31st. Zacks Research downgraded shares of GFL Environmental from a “strong-buy” rating to a “hold” rating in a report on Friday, May 22nd. Finally, JPMorgan Chase & Co. increased their target price on shares of GFL Environmental from $40.00 to $41.00 and gave the company an “underweight” rating in a research note on Thursday, July 16th. Eleven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $54.75.

GFL Environmental Trading Up 1.1%

Shares of GFL stock opened at $41.62 on Friday. The stock has a 50-day simple moving average of $37.92 and a 200 day simple moving average of $40.05. GFL Environmental has a fifty-two week low of $33.33 and a fifty-two week high of $51.51. The stock has a market capitalization of $14.93 billion, a P/E ratio of -78.54, a P/E/G ratio of 2.55 and a beta of 0.68. The company has a quick ratio of 1.51, a current ratio of 0.75 and a debt-to-equity ratio of 1.34.

GFL Environmental (NYSE:GFL) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.03). The firm had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.33 billion. GFL Environmental had a positive return on equity of 4.14% and a negative net margin of 3.28%.The firm’s quarterly revenue was up 16.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.26 EPS.

GFL Environmental Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Monday, July 13th were given a dividend of $0.0169 per share. The ex-dividend date of this dividend was Monday, July 13th. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.2%. GFL Environmental’s payout ratio is -13.21%.

Hedge Funds Weigh In On GFL Environmental

A number of hedge funds and other institutional investors have recently modified their holdings of GFL. Aster Capital Management DIFC Ltd acquired a new position in shares of GFL Environmental in the 4th quarter valued at $25,000. Whipplewood Advisors LLC acquired a new stake in GFL Environmental during the 1st quarter worth about $32,000. Sunbelt Securities Inc. acquired a new stake in GFL Environmental during the 3rd quarter worth about $33,000. EverSource Wealth Advisors LLC lifted its stake in GFL Environmental by 43.1% during the second quarter. EverSource Wealth Advisors LLC now owns 727 shares of the company’s stock valued at $37,000 after buying an additional 219 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its stake in GFL Environmental by 45.2% during the third quarter. Caitong International Asset Management Co. Ltd now owns 976 shares of the company’s stock valued at $46,000 after buying an additional 304 shares in the last quarter. Institutional investors and hedge funds own 64.70% of the company’s stock.

About GFL Environmental

GFL Environmental Inc is a leading North American provider of diversified environmental services, offering comprehensive solutions across solid waste management, liquid waste management, soil remediation and infrastructure services. The company’s core business activities include residential, commercial and industrial waste collection, recycling, composting and landfill management. In addition to traditional waste services, GFL provides specialized liquid waste hauling, treatment and disposal services as well as environmental consulting to support industrial and municipal clients in meeting regulatory and sustainability goals.

Founded in 2007 by entrepreneur Patrick Dovigi, GFL Environmental has pursued an aggressive growth strategy driven by strategic acquisitions and organic expansion.