GFL Environmental Inc. (TSE:GFL) Senior Officer Sells C$424,232.38 in Stock

GFL Environmental Inc. (TSE:GFL) Senior Officer Mindy Beth Gilbert sold 7,733 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of C$54.86, for a total transaction of C$424,232.38.

GFL Environmental Price Performance

GFL stock opened at C$54.38 on Friday. The business’s 50-day moving average is C$54.94 and its two-hundred day moving average is C$49.97. The company has a debt-to-equity ratio of 145.69, a current ratio of 0.89 and a quick ratio of 0.57. The firm has a market capitalization of C$19.83 billion, a P/E ratio of -26.53, a P/E/G ratio of -0.76 and a beta of 1.06. GFL Environmental Inc. has a 1 year low of C$36.56 and a 1 year high of C$59.00.

GFL Environmental (TSE:GFL) last issued its earnings results on Wednesday, July 31st. The company reported C$0.29 earnings per share for the quarter, beating the consensus estimate of C$0.28 by C$0.01. GFL Environmental had a negative net margin of 8.83% and a negative return on equity of 9.83%. The firm had revenue of C$2.06 billion for the quarter, compared to analysts’ expectations of C$2.06 billion. Analysts anticipate that GFL Environmental Inc. will post 1.6421021 earnings per share for the current fiscal year.

GFL Environmental Announces Dividend

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

Wall Street Analysts Forecast Growth

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

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.