FY2026 EPS Estimates for GFL Environmental Cut by Scotiabank

GFL Environmental Inc. (NYSE:GFL) – Scotiabank dropped their FY2026 earnings per share estimates for GFL Environmental in a research report issued to clients and investors on Wednesday, March 19th. Scotiabank analyst K. Gupta now anticipates that the company will post earnings of $1.46 per share for the year, down from their previous estimate of $1.55. Scotiabank has a “Sector Outperform” rating and a $52.00 price objective on the stock. The consensus estimate for GFL Environmental’s current full-year earnings is $0.58 per share.

GFL has been the subject of several other research reports. Royal Bank of Canada reissued an “outperform” rating and issued a $53.00 price objective on shares of GFL Environmental in a report on Monday, February 24th. National Bankshares reaffirmed an “outperform” rating on shares of GFL Environmental in a report on Tuesday, March 11th. Citigroup initiated coverage on shares of GFL Environmental in a report on Monday, January 27th. They set a “buy” rating and a $53.00 target price on the stock. Finally, Stifel Nicolaus upgraded GFL Environmental from a “hold” rating to a “buy” rating in a research report on Tuesday, February 25th. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $49.63.

GFL Environmental Price Performance

Shares of NYSE GFL opened at $48.05 on Monday. 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 stock has a fifty day simple moving average of $45.14 and a two-hundred day simple moving average of $43.73. GFL Environmental has a 1-year low of $30.57 and a 1-year high of $48.87. The firm has a market cap of $18.90 billion, a price-to-earnings ratio of -36.13 and a beta of 1.16.

GFL Environmental (NYSE:GFL) last announced its quarterly earnings data on Monday, February 24th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.13 by $0.03. GFL Environmental had a negative net margin of 7.54% and a positive return on equity of 3.50%. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.98 billion.

GFL Environmental Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Monday, January 13th were given a $0.014 dividend. The ex-dividend date of this dividend was Monday, January 13th. This represents a $0.06 annualized dividend and a yield of 0.12%. GFL Environmental’s dividend payout ratio (DPR) is presently -3.23%.

Institutional Investors Weigh In On GFL Environmental

A number of large investors have recently added to or reduced their stakes in GFL. Avior Wealth Management LLC purchased a new stake in shares of GFL Environmental in the 3rd quarter valued at $82,000. First Horizon Advisors Inc. increased its holdings in shares of GFL Environmental by 80.6% in the third quarter. First Horizon Advisors Inc. now owns 4,579 shares of the company’s stock worth $183,000 after buying an additional 2,044 shares during the period. Cerity Partners LLC lifted its stake in shares of GFL Environmental by 88.5% in the 3rd quarter. Cerity Partners LLC now owns 21,148 shares of the company’s stock valued at $843,000 after acquiring an additional 9,930 shares during the last quarter. Bank of Hawaii lifted its stake in shares of GFL Environmental by 49.1% in the 3rd quarter. Bank of Hawaii now owns 30,063 shares of the company’s stock valued at $1,199,000 after acquiring an additional 9,896 shares during the last quarter. Finally, Brown Brothers Harriman & Co. grew its position in GFL Environmental by 162.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,271,161 shares of the company’s stock worth $50,694,000 after acquiring an additional 786,044 shares during the last quarter. Hedge funds and other institutional investors own 64.70% of the company’s stock.

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.