National Bank Financial Analysts Cut Earnings Estimates for GFL Environmental Inc. (TSE:GFL)

GFL Environmental Inc. (TSE:GFL – Get Score) – Analysts at National Bank Fiscal dropped their FY2023 earnings for every share estimates for shares of GFL Environmental in a research take note issued to investors on Sunday, July 24th. National Bank Economic analyst R. Merer now expects that the organization will publish earnings for each share of $.89 for the year, down from their prior forecast of $.90. The consensus estimate for GFL Environmental’s present comprehensive-yr earnings is $1.03 for every share.

GFL Environmental (TSE:GFL – Get Rating) previous unveiled its quarterly earnings success on Wednesday, Might 4th. The firm noted C$.06 earnings per share for the quarter, beating analysts’ consensus estimates of C($.04) by C$.10. The corporation experienced earnings of C$1.40 billion all through the quarter, in comparison to analyst estimates of C$1.32 billion.

A number of other equities analysts have also weighed in on GFL. ATB Capital increased their price tag focus on on GFL Environmental to C$48.00 and gave the business a “acquire” rating in a exploration report on Tuesday, April 26th. BMO Money Markets assumed coverage on GFL Environmental in a investigation notice on Friday, Could 6th. They issued a “invest in” ranking and a C$42.00 selling price goal for the organization. Eventually, Atb Cap Markets reissued an “outperform” score on shares of GFL Environmental in a analysis be aware on Thursday, March 31st. Nine equities analysis analysts have rated the stock with a obtain ranking, Based mostly on data from MarketBeat, the inventory presently has an average ranking of “Get” and an normal goal rate of C$51.94.

GFL Environmental Investing Down .2 {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

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TSE:GFL opened at C$35.08 on Tuesday. The organization has a brief ratio of .42, a present ratio of .72 and a credit card debt-to-fairness ratio of 147.93. GFL Environmental has a 1-year lower of C$31.57 and a 1-year higher of C$54.01. The firm has a market capitalization of C$12.01 billion and a price tag-to-earnings ratio of -35.29. The inventory has a fifty working day straightforward shifting regular of C$35.37 and a 200 working day straightforward shifting regular of C$37.85.

GFL Environmental Dividend Announcement

The business also lately declared a quarterly dividend, which will be paid on Friday, July 29th. Stockholders of report on Monday, July 18th will be paid out a dividend of $.015 for every share. This signifies a $.06 dividend on an annualized foundation and a dividend yield of .17{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The ex-dividend day is Friday, July 15th. GFL Environmental’s dividend payout ratio (DPR) is presently -5.52{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Insider Transactions at GFL Environmental

In other news, Director Arun Nayar acquired 10,000 shares of the business’s stock in a transaction dated Wednesday, May well 11th. The stock was acquired at an normal expense of C$37.21 for every share, with a overall price of C$372,054.80. Next the purchase, the director now directly owns 48,205 shares of the company’s stock, valued at C$1,793,490.16.

About GFL Environmental

(Get Score)

GFL Environmental Inc operates as a diversified environmental solutions company in Canada and the United States. The corporation offers non-hazardous strong waste management, infrastructure and soil remediation, and liquid waste management providers. Its strong waste administration business line features the selection, transportation, transfer, recycling, and disposal of non-dangerous strong waste for municipal, residential, and professional and industrial shoppers.

Showcased Tales

Earnings History and Estimates for GFL Environmental (TSE:GFL)

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