Scotiabank Has Negative Estimate for TSE:GFL FY2026 Earnings

GFL Environmental Inc. (TSE:GFL) – Investment analysts at Scotiabank dropped their FY2026 earnings estimates for GFL Environmental in a report released on Wednesday, March 19th. Scotiabank analyst K. Gupta now expects that the company will post earnings per share of $2.09 for the year, down from their previous forecast of $2.23. The consensus estimate for GFL Environmental’s current full-year earnings is $1.69 per share.

Separately, Citigroup raised shares of GFL Environmental to a “strong-buy” rating in a research note on Monday, January 27th.

GFL Environmental Stock Up 0.4 %

Shares of TSE:GFL opened at C$68.87 on Monday. The firm has a 50 day simple moving average of C$64.75 and a 200 day simple moving average of C$61.67. GFL Environmental has a 52 week low of C$41.90 and a 52 week high of C$69.88. The company has a debt-to-equity ratio of 147.75, a quick ratio of 0.57 and a current ratio of 0.58. The company has a market cap of C$26.58 billion, a PE ratio of -45.20, a price-to-earnings-growth ratio of -0.76 and a beta of 1.03.

GFL Environmental Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 31st were paid a dividend of $0.014 per share. The ex-dividend date of this dividend was Monday, January 13th. This represents a $0.06 annualized dividend and a yield of 0.08%. GFL Environmental’s dividend payout ratio (DPR) is presently -5.25%.

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.