GFL Environmental (GFL) to Release Quarterly Earnings on Monday

GFL Environmental (NYSE:GFL) is anticipated to announce its earnings results after the market closes on Monday, February 24th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $1.98 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

GFL Environmental Price Performance

GFL Environmental stock opened at $46.36 on Friday. GFL Environmental has a 52-week low of $30.57 and a 52-week high of $48.87. The firm has a market capitalization of $18.24 billion, a price-to-earnings ratio of -34.86 and a beta of 1.17. The company has a fifty day simple moving average of $44.44 and a 200-day simple moving average of $43.02. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.27.

GFL Environmental Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Monday, January 13th were issued a dividend of $0.014 per share. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.12%. The ex-dividend date was Monday, January 13th. GFL Environmental’s payout ratio is -4.51%.

Analyst Ratings Changes

Several brokerages have recently weighed in on GFL. Truist Financial boosted their price target on shares of GFL Environmental from $46.00 to $54.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Scotiabank decreased their target price on shares of GFL Environmental from $51.00 to $50.00 and set a “sector outperform” rating on the stock in a research report on Monday, January 27th. Raymond James upped their target price on shares of GFL Environmental from $47.00 to $50.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Citigroup started coverage on shares of GFL Environmental in a research report on Monday, January 27th. They issued a “buy” rating and a $53.00 target price on the stock. Finally, UBS Group upped their target price on shares of GFL Environmental from $47.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $49.00.

About GFL Environmental

GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.