GFL Environmental Sees Unusually Large Options Volume (NYSE:GFL)

GFL Environmental Inc. (NYSE:GFL) saw some unusual options trading on Wednesday. Stock investors acquired 38,721 call options on the company. This represents an increase of approximately 156% compared to the typical volume of 15,121 call options.

Analysts Set New Price Targets

A number of research firms have recently issued reports on GFL. Scotiabank dropped their price objective 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. Weiss Ratings raised shares of GFL Environmental from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 26th. Wolfe Research initiated coverage on GFL Environmental in a research note on Tuesday, September 15th. They set an “outperform” rating and a $77.00 price objective for the company. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of GFL Environmental in a report on Monday, August 31st. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of GFL Environmental in a research report on Friday. 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $57.56.

GFL Environmental Price Performance

Shares of GFL stock opened at $45.03 on Friday. 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 stock has a market capitalization of $16.25 billion, a price-to-earnings ratio of -57.00, a P/E/G ratio of 3.22 and a beta of 0.72. The stock has a fifty day simple moving average of $42.63 and a two-hundred day simple moving average of $40.82. GFL Environmental has a twelve month low of $33.33 and a twelve month high of $46.76.

GFL Environmental (NYSE:GFL) last released its quarterly earnings results on Wednesday, October 28th. The company reported $0.19 EPS for the quarter, meeting analysts’ consensus estimates of $0.19. The company had revenue of $2.16 billion during the quarter, compared to analysts’ expectations of $1.49 billion. GFL Environmental had a positive return on equity of 4.39% and a negative net margin of 4.93%. On average, analysts predict that GFL Environmental will post 0.57 EPS for the current fiscal year.

GFL Environmental Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, October 14th will be issued a dividend of $0.0169 per share. The ex-dividend date of this dividend 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 is presently -13.21%.

Institutional Investors Weigh In On GFL Environmental

Several large investors have recently bought and sold shares of GFL. Integrated Wealth Concepts LLC purchased a new stake in shares of GFL Environmental in the second quarter valued at $31,000. Whipplewood Advisors LLC bought a new stake in GFL Environmental in the first quarter valued at about $32,000. GAMMA Investing LLC boosted its holdings in shares of GFL Environmental by 853.7% during the third quarter. GAMMA Investing LLC now owns 1,030 shares of the company’s stock valued at $43,000 after acquiring an additional 922 shares during the period. EverSource Wealth Advisors LLC increased its stake in GFL Environmental by 36.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,335 shares of the company’s stock valued at $56,000 after buying an additional 360 shares during the period. Finally, Parallel Advisors LLC raised its holdings in shares of GFL Environmental by 256.9% in the 1st quarter. Parallel Advisors LLC now owns 1,542 shares of the company’s stock worth $64,000 after purchasing an additional 1,110 shares in the last quarter. Hedge funds and other institutional investors own 64.70% of the company’s stock.

Key Stories Impacting GFL Environmental

Here are the key news stories impacting GFL Environmental this week:

• Positive Sentiment: Guidance was raised again. GFL now expects approximately $5.8 billion in fiscal 2026 revenue, above the roughly $5.7 billion consensus estimate. The company also reiterated expectations for low-to-mid-20% growth in revenue and adjusted EBITDA, along with more than 30% growth in adjusted free cash flow. This was the third guidance increase of the year.
• Positive Sentiment: Q3 results showed strong growth. Revenue, adjusted EBITDA and adjusted free cash flow exceeded expectations. Adjusted EBITDA rose 26.8% to $678.7 million, organic revenue growth accelerated to 7.4%, and the underlying adjusted EBITDA margin expanded by 115 basis points, excluding mergers and acquisitions and diesel-price effects. GFL Environmental Reports Third Quarter 2026 Results and Raises Full Year 2026 Guidance
• Positive Sentiment: Take-private interest could provide a valuation catalyst. GFL set November 9 as the deadline for potential take-private proposals, giving investors a defined near-term event that could lead to a premium offer or strategic alternatives.
• Neutral Sentiment: Trading activity reflected bullish positioning. Investors bought 38,721 call options, about 156% above average volume. This suggests increased speculative interest but does not guarantee a fundamental improvement in the business.
• Negative Sentiment: Profitability remains mixed. GFL reported a net loss from continuing operations of $28.0 million, while operating profit and net income remain pressured by high costs, acquisitions and the company’s substantial leverage. The guidance and cash-flow improvements therefore need to translate into sustained earnings and debt reduction.

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.