Waste Connections (WCN) to Release Quarterly Earnings on Wednesday

Waste Connections (NYSE:WCN) is expected to be issuing its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $1.26 per share and revenue of $2.39 billion for the quarter.

Waste Connections (NYSE:WCN) last released its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.06. Waste Connections had a return on equity of 15.74% and a net margin of 6.93%. The firm had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.22 billion. During the same quarter in the previous year, the company posted $1.04 EPS. The business’s revenue was up 7.5% on a year-over-year basis. On average, analysts expect Waste Connections to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Waste Connections Trading Down 0.4%

NYSE WCN opened at $183.62 on Wednesday. The business’s 50-day moving average price is $189.15 and its two-hundred day moving average price is $187.96. Waste Connections has a 12 month low of $169.36 and a 12 month high of $201.66. The firm has a market capitalization of $47.45 billion, a PE ratio of 75.56, a price-to-earnings-growth ratio of 3.20 and a beta of 0.60. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.05.

Waste Connections Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Wednesday, May 7th were given a $0.315 dividend. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 0.69%. Waste Connections’s dividend payout ratio (DPR) is presently 51.85%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on WCN. Truist Financial set a $220.00 price target on Waste Connections in a research report on Friday, April 25th. BMO Capital Markets boosted their price objective on Waste Connections from $214.00 to $216.00 and gave the company an “outperform” rating in a research note on Friday, April 25th. Seaport Res Ptn raised Waste Connections to a “strong-buy” rating in a research note on Tuesday, May 6th. CIBC dropped their price objective on Waste Connections from $215.00 to $212.00 and set an “outperformer” rating on the stock in a research note on Tuesday, July 8th. Finally, Melius assumed coverage on Waste Connections in a research note on Monday, June 9th. They issued a “buy” rating on the stock. Four analysts have rated the stock with a hold rating, eleven have given a buy rating and four have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $213.93.

Institutional Trading of Waste Connections

An institutional investor recently bought a new position in Waste Connections stock. Integrated Wealth Concepts LLC acquired a new position in Waste Connections, Inc. (NYSE:WCN) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,957 shares of the business services provider’s stock, valued at approximately $577,000. Institutional investors own 86.09% of the company’s stock.

Waste Connections Company Profile

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.