Republic Services (NYSE:RSG – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 6.820-6.900 for the period, compared to the consensus EPS estimate of 6.790. The company issued revenue guidance of $16.9 billion-$17.0 billion, compared to the consensus revenue estimate of $17.0 billion.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on RSG shares. Jefferies Financial Group boosted their price target on shares of Republic Services from $235.00 to $244.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Morgan Stanley increased their target price on shares of Republic Services from $217.00 to $220.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Deutsche Bank Aktiengesellschaft raised shares of Republic Services from a “hold” rating to a “buy” rating and lifted their price target for the stock from $219.00 to $237.00 in a report on Tuesday, December 10th. Royal Bank of Canada raised Republic Services from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $219.00 to $237.00 in a report on Monday, January 6th. Finally, Truist Financial upped their price target on Republic Services from $220.00 to $244.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Six analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $224.38.
Republic Services Price Performance
Republic Services (NYSE:RSG – Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The business services provider reported $1.58 EPS for the quarter, beating the consensus estimate of $1.37 by $0.21. Republic Services had a net margin of 12.46% and a return on equity of 18.18%. During the same period in the prior year, the business posted $1.41 earnings per share. As a group, research analysts anticipate that Republic Services will post 6.25 EPS for the current year.
Republic Services Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Wednesday, April 2nd will be issued a $0.58 dividend. The ex-dividend date of this dividend is Wednesday, April 2nd. This represents a $2.32 annualized dividend and a dividend yield of 1.03%. Republic Services’s payout ratio is currently 37.12%.
Insider Transactions at Republic Services
In other Republic Services news, Director Katharine Weymouth sold 1,859 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $215.27, for a total transaction of $400,186.93. Following the transaction, the director now directly owns 879 shares in the company, valued at $189,222.33. This trade represents a 67.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Brian M. Delghiaccio sold 5,071 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $210.02, for a total transaction of $1,065,011.42. Following the completion of the sale, the chief financial officer now owns 6,318 shares of the company’s stock, valued at approximately $1,326,906.36. The trade was a 44.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.09% of the stock is owned by insiders.
About Republic Services
Republic Services, Inc, together with its subsidiaries, offers environmental services in the United States and Canada. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions.
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