GFL Environmental (NYSE:GFL – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19, reports. The company had revenue of $2.16 billion during the quarter, compared to analysts’ expectations of $1.49 billion. GFL Environmental had a negative net margin of 3.28% and a positive return on equity of 4.14%.
GFL Environmental Stock Performance
GFL stock traded up $1.06 during trading hours on Thursday, hitting $44.65. 7,957,802 shares of the stock were exchanged, compared to its average volume of 2,638,687. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 1.34. The firm has a market capitalization of $16.11 billion, a P/E ratio of -84.13, a P/E/G ratio of 3.52 and a beta of 0.72. The company has a 50-day simple moving average of $42.56 and a two-hundred day simple moving average of $40.81. GFL Environmental has a 12 month low of $33.33 and a 12 month high of $46.76.
GFL Environmental Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, October 14th will be paid a dividend of $0.0169 per share. The ex-dividend date is Wednesday, October 14th. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.2%. GFL Environmental’s dividend payout ratio (DPR) is -13.21%.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on the stock. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of GFL Environmental in a research report on Monday, August 31st. Weiss Ratings raised shares of GFL Environmental from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 26th. JPMorgan Chase & Co. raised their target price on shares of GFL Environmental from $41.00 to $42.00 and gave the company an “underweight” rating in a research report on Wednesday, October 21st. Scotiabank lowered their price target on shares of GFL Environmental from $57.00 to $55.00 and set a “sector outperform” rating on the stock in a research note on Thursday, October 15th. Finally, Wolfe Research started coverage on shares of GFL Environmental in a research report on Tuesday, September 15th. They set an “outperform” rating and a $77.00 price target on the stock. Nine investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $57.56.
Read Our Latest Research Report on GFL
GFL Environmental News Roundup
Here are the key news stories impacting GFL Environmental this week:
- Positive Sentiment: GFL reported third-quarter revenue, Adjusted EBITDA and Adjusted Free Cash Flow ahead of expectations. Revenue grew 24.4% year over year to approximately $1.5 billion, while Adjusted EBITDA rose 26.8% to $678.7 million. Organic revenue growth accelerated to 7.4%, and the Adjusted EBITDA margin expanded by 115 basis points excluding M&A and diesel-price impacts. GFL Environmental Reports Third Quarter 2026 Results and Raises Full Year 2026 Guidance
- Positive Sentiment: Management raised full-year 2026 guidance for the third time. It now expects revenue and Adjusted EBITDA growth in the low-to-mid 20% range, along with more than 30% growth in Adjusted Free Cash Flow. Acquisitions completed year to date are expected to contribute approximately $2 billion in annualized revenue. GFL Environmental Reports Third Quarter 2026 Results and Raises Full Year 2026 Guidance
- Positive Sentiment: Adjusted earnings were reported at $0.19 per share, in line with one consensus estimate and up from $0.17 a year earlier. Shares also gained after hours following the earnings release. GFL Environmental Quarterly Earnings
- Positive Sentiment: Unusually high call-option activity may indicate increased bullish trading interest, with 38,721 calls purchased—about 156% above average volume.
- Neutral Sentiment: GFL plans to appoint Joseph Lenz Will to its board of directors. The appointment could strengthen governance or industry expertise, but no immediate financial impact was provided. GFL Environmental to Appoint Joseph Lenz Will to the Board
- Negative Sentiment: Reported net income remained weak: GFL posted a $28.0 million loss from continuing operations, while operating profit declined year over year. One analyst survey also characterized the $0.19 adjusted EPS result as slightly below its $0.20 estimate.
- Negative Sentiment: Investors also bought a large volume of put options, signaling that some traders may be hedging against downside risk despite the bullish earnings reaction.
GFL Environmental Company Profile
GFL Environmental Inc is a Canadian environmental services company that provides waste management and related infrastructure services to municipal, residential, commercial, industrial and institutional customers. The company’s operations include the collection, transfer, processing, recycling and disposal of non-hazardous solid waste, as well as organics and other resource-recovery services.
GFL also provides infrastructure and soil remediation services, including the management of contaminated materials and related environmental projects.
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