Jonathan Lucas (Luke) Pelosi Sells 43,931 Shares of GFL Environmental Inc. (TSE:GFL) Stock

GFL Environmental Inc. (TSE:GFL) Senior Officer Jonathan Lucas (Luke) Pelosi sold 43,931 shares of GFL Environmental stock in a transaction on Friday, September 6th. The stock was sold at an average price of C$54.83, for a total value of C$2,408,604.94.

GFL Environmental Stock Up 0.7 %

GFL stock opened at C$54.37 on Wednesday. GFL Environmental Inc. has a one year low of C$36.56 and a one year high of C$59.00. The firm has a market cap of C$19.83 billion, a PE ratio of -26.34, a PEG ratio of -0.76 and a beta of 1.06. The firm’s 50 day moving average price is C$54.85 and its 200-day moving average price is C$49.79. The company has a debt-to-equity ratio of 145.69, a quick ratio of 0.57 and a current ratio of 0.89.

GFL Environmental (TSE:GFL) last posted its earnings results on Wednesday, July 31st. The company reported C$0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.28 by C$0.01. GFL Environmental had a negative return on equity of 9.83% and a negative net margin of 8.83%. The company had revenue of C$2.06 billion during the quarter, compared to analysts’ expectations of C$2.06 billion. On average, equities research analysts anticipate that GFL Environmental Inc. will post 1.0627843 EPS for the current year.

GFL Environmental Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Monday, July 15th were given a $0.019 dividend. The ex-dividend date of this dividend was Monday, July 15th. This represents a $0.08 dividend on an annualized basis and a yield of 0.14%. GFL Environmental’s payout ratio is currently -3.90%.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets cut shares of GFL Environmental from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 9th.

GFL Environmental Company Profile

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.