Republic Services (RSG) Scheduled to Post Earnings on Tuesday

Republic Services (NYSE:RSG) will post its quarterly earnings results after the market closes on Tuesday, October 29th. Analysts expect Republic Services to post earnings of $1.62 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Republic Services Stock Down 0.8 %

Shares of RSG opened at $199.83 on Monday. The business’s fifty day moving average price is $204.02 and its two-hundred day moving average price is $196.44. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59. The firm has a market capitalization of $62.93 billion, a price-to-earnings ratio of 35.06, a PEG ratio of 3.27 and a beta of 0.69. Republic Services has a 52 week low of $145.32 and a 52 week high of $208.69.

Republic Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, January 2nd will be paid a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date is Thursday, January 2nd. Republic Services’s dividend payout ratio (DPR) is currently 40.70%.

Insider Activity

In other news, Director Tomago Collins sold 3,200 shares of the firm’s stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $203.01, for a total value of $649,632.00. Following the completion of the transaction, the director now owns 17,486 shares in the company, valued at $3,549,832.86. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.09% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

RSG has been the topic of a number of analyst reports. Scotiabank initiated coverage on Republic Services in a research note on Friday, October 4th. They issued a “sector perform” rating and a $224.00 price target on the stock. StockNews.com downgraded Republic Services from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 1st. CIBC raised their price objective on Republic Services from $196.00 to $208.00 and gave the stock a “neutral” rating in a research note on Thursday, July 25th. William Blair began coverage on Republic Services in a research note on Thursday, October 3rd. They set an “outperform” rating on the stock. Finally, Robert W. Baird raised their price objective on Republic Services from $208.00 to $210.00 and gave the stock a “neutral” rating in a research note on Thursday, July 25th. Nine analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $212.18.

About Republic Services

Republic Services, Inc, together with its subsidiaries, offers environmental services in the United States and Canada. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions.