Shares of GFL Environmental Inc. (NYSE:GFL – Get Free Report) passed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $43.25 and traded as low as $40.65. GFL Environmental shares last traded at $42.47, with a volume of 22,011,893 shares traded.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on GFL shares. Weiss Ratings raised shares of GFL Environmental from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 26th. Truist Financial reduced their price target on shares of GFL Environmental from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, November 3rd. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of GFL Environmental in a research note on Monday, August 31st. TD Cowen reissued a “buy” rating and set a $65.00 price objective on shares of GFL Environmental in a report on Friday, September 11th. Finally, BMO Capital Markets reissued a “market perform” rating on shares of GFL Environmental in a report on Thursday, October 15th. Ten investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $57.33.
View Our Latest Research Report on GFL
GFL Environmental Trading Down 7.4%
The firm has a market cap of $18.52 billion, a PE ratio of -53.76, a P/E/G ratio of 3.44 and a beta of 0.68. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.03. The company’s 50 day moving average price is $43.25 and its two-hundred day moving average price is $40.92.
GFL Environmental (NYSE:GFL – Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The company reported $0.19 EPS for the quarter, hitting analysts’ consensus estimates of $0.19. GFL Environmental had a negative net margin of 4.93% and a positive return on equity of 3.84%. The firm had revenue of $2.16 billion during the quarter, compared to analysts’ expectations of $1.49 billion. As a group, sell-side analysts forecast that GFL Environmental Inc. will post 0.56 EPS for the current year.
GFL Environmental Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, October 14th were given a $0.0169 dividend. This represents a $0.07 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Wednesday, October 14th. GFL Environmental’s dividend payout ratio is -8.86%.
Institutional Trading of GFL Environmental
Several institutional investors have recently added to or reduced their stakes in GFL. QV Investors Inc. bought a new position in shares of GFL Environmental during the third quarter valued at approximately $44,887,000. Maven Securities LTD raised its holdings in shares of GFL Environmental by 18.7% in the second quarter. Maven Securities LTD now owns 143,198 shares of the company’s stock worth $5,268,000 after buying an additional 22,551 shares during the period. Bank of America Corp DE lifted its stake in shares of GFL Environmental by 43.8% during the 1st quarter. Bank of America Corp DE now owns 1,847,166 shares of the company’s stock worth $77,064,000 after acquiring an additional 563,001 shares during the last quarter. TD Waterhouse Canada Inc. lifted its stake in shares of GFL Environmental by 29.1% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 374,906 shares of the company’s stock worth $15,182,000 after acquiring an additional 84,555 shares during the last quarter. Finally, Vise Technologies Inc. lifted its stake in shares of GFL Environmental by 158.7% during the 3rd quarter. Vise Technologies Inc. now owns 19,401 shares of the company’s stock worth $812,000 after acquiring an additional 11,901 shares during the last quarter. Institutional investors own 64.70% of the company’s stock.
GFL Environmental Company Profile
GFL Environmental is a North American waste management company focused on providing solid waste collection, recycling, processing and disposal services. Its operations serve residential, commercial, industrial and municipal customers in Canada and the United States. Founded in 2007, the company expanded through acquisitions and growth in its waste management operations. GFL is headquartered in Vaughan, Ontario. In 2025, GFL completed the sale of its Environmental Services business, which included liquid waste management and soil remediation operations.
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