Insider Selling: GFL Environmental Inc. (TSE:GFL) Senior Officer Sells 62,872 Shares of Stock

GFL Environmental Inc. (TSE:GFL) Senior Officer Jonathan Lucas (Luke) Pelosi sold 62,872 shares of the company’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of C$44.92, for a total transaction of C$2,824,210.24.

GFL Environmental Stock Down 1.9 %

GFL Environmental stock opened at C$43.98 on Friday. The company has a market capitalization of C$16.04 billion, a P/E ratio of -344.92, a PEG ratio of -0.76 and a beta of 1.18. The company has a debt-to-equity ratio of 130.18, a quick ratio of 0.57 and a current ratio of 0.84. GFL Environmental Inc. has a fifty-two week low of C$36.56 and a fifty-two week high of C$51.83. The stock has a 50-day simple moving average of C$46.22 and a 200-day simple moving average of C$44.44.

GFL Environmental (TSE:GFL) last issued its quarterly earnings data on Tuesday, February 20th. The company reported C$0.05 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.24 by C($0.19). The firm had revenue of C$1.88 billion during the quarter, compared to analysts’ expectations of C$1.85 billion. GFL Environmental had a net margin of 1.22% and a return on equity of 1.02%. Equities research analysts expect that GFL Environmental Inc. will post 1.2105832 earnings per share for the current year.

GFL Environmental Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Monday, April 15th were paid a dividend of $0.019 per share. The ex-dividend date was Friday, April 12th. This represents a $0.08 dividend on an annualized basis and a yield of 0.17%. This is a boost from GFL Environmental’s previous quarterly dividend of $0.02.

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.