GFL Environmental (GFL) Projected to Post Earnings on Monday

GFL Environmental (NYSE:GFL) is expected to be announcing its earnings results after the market closes on Monday, February 24th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $1.98 billion for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

GFL Environmental Price Performance

NYSE GFL opened at $46.36 on Friday. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.27. The company has a fifty day simple moving average of $44.44 and a 200 day simple moving average of $42.99. The company has a market cap of $18.24 billion, a P/E ratio of -34.86 and a beta of 1.17. GFL Environmental has a 1 year low of $30.57 and a 1 year high of $48.87.

GFL Environmental Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Monday, January 13th were issued a dividend of $0.014 per share. This represents a $0.06 annualized dividend and a dividend yield of 0.12%. The ex-dividend date was Monday, January 13th. GFL Environmental’s dividend payout ratio is currently -4.51%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on GFL shares. UBS Group upped their target price on shares of GFL Environmental from $47.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Scotiabank cut their target price on shares of GFL Environmental from $51.00 to $50.00 and set a “sector outperform” rating for the company in a research note on Monday, January 27th. Citigroup started coverage on shares of GFL Environmental in a research note on Monday, January 27th. They set a “buy” rating and a $53.00 target price for the company. Raymond James upped their target price on shares of GFL Environmental from $47.00 to $50.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, Truist Financial upped their target price on shares of GFL Environmental from $46.00 to $54.00 and gave the company a “buy” rating in a research note on Friday, November 8th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.00.

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.