GFL Environmental Inc. (NYSE:GFL – Get Free Report) declared a quarterly dividend on Thursday, July 2nd. Stockholders of record on Monday, July 13th will be paid a dividend of 0.0169 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, July 13th.
GFL Environmental has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 5 consecutive years. GFL Environmental has a payout ratio of 9.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect GFL Environmental to earn $0.73 per share next year, which means the company should continue to be able to cover its $0.06 annual dividend with an expected future payout ratio of 8.2%.
GFL Environmental Price Performance
NYSE GFL opened at $37.48 on Friday. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 1.32. GFL Environmental has a 12-month low of $33.33 and a 12-month high of $51.51. The company has a market capitalization of $13.45 billion, a PE ratio of 117.14, a price-to-earnings-growth ratio of 2.91 and a beta of 0.70. The firm’s 50 day moving average is $36.58 and its 200-day moving average is $40.55.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on GFL shares. Weiss Ratings downgraded GFL Environmental from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, May 15th. Citigroup dropped their target price on GFL Environmental from $55.00 to $51.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Wolfe Research initiated coverage on GFL Environmental in a research note on Friday, March 13th. They set an “outperform” rating on the stock. Scotiabank reduced their price target on GFL Environmental from $56.00 to $52.00 and set a “sector outperform” rating on the stock in a report on Monday, May 4th. Finally, Zacks Research downgraded GFL Environmental from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 22nd. Twelve equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $55.00.
Read Our Latest Report on GFL Environmental
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.
Recommended Stories
- Five stocks we like better than GFL Environmental
- MarketBeat Week in Review – 06/29 – 07/03
- AST SpaceMobile’s Japan Catalyst Puts Its Rollout Story Back in Focus
- Gold and Silver Recovery—3 Precious Metals Stocks for H2 2026
- Klarna’s Google Court Win Could Give Its BNPL Story a Needed Cash Catalyst
Receive News & Ratings for GFL Environmental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GFL Environmental and related companies with MarketBeat.com's FREE daily email newsletter.
