RSG FY2025 EPS Estimate Decreased by National Bank Financial

Republic Services, Inc. (NYSE:RSG) – National Bank Financial reduced their FY2025 earnings estimates for Republic Services in a research note issued on Tuesday, July 29th. National Bank Financial analyst M. Doumet now expects that the business services provider will earn $6.88 per share for the year, down from their previous forecast of $6.92. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Republic Services’ current full-year earnings is $6.86 per share. National Bank Financial also issued estimates for Republic Services’ FY2026 earnings at $7.66 EPS.

Republic Services (NYSE:RSG) last announced its quarterly earnings data on Tuesday, July 29th. The business services provider reported $1.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.01. Republic Services had a net margin of 12.97% and a return on equity of 18.27%. The business had revenue of $4.24 billion for the quarter, compared to analysts’ expectations of $4.26 billion. During the same period last year, the firm posted $1.61 earnings per share. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year.

Other research analysts also recently issued research reports about the company. JPMorgan Chase & Co. boosted their target price on Republic Services from $229.00 to $275.00 and gave the stock a “neutral” rating in a research note on Friday, May 23rd. Raymond James Financial boosted their target price on shares of Republic Services from $257.00 to $260.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 22nd. Citigroup upped their price target on shares of Republic Services from $265.00 to $278.00 and gave the stock a “buy” rating in a report on Tuesday, April 29th. Robert W. Baird boosted their price objective on Republic Services from $232.00 to $245.00 and gave the stock a “neutral” rating in a research report on Friday, April 25th. Finally, William Blair restated an “outperform” rating on shares of Republic Services in a report on Friday, April 25th. Ten research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Republic Services presently has an average rating of “Moderate Buy” and an average price target of $258.89.

Republic Services Price Performance

Republic Services stock opened at $231.24 on Friday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.66 and a current ratio of 0.66. Republic Services has a 52 week low of $193.75 and a 52 week high of $258.75. The stock has a market capitalization of $72.20 billion, a P/E ratio of 34.21, a price-to-earnings-growth ratio of 3.60 and a beta of 0.60. The stock has a fifty day moving average of $245.82 and a 200-day moving average of $238.39.

Republic Services Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Thursday, October 2nd will be paid a $0.625 dividend. This represents a $2.50 annualized dividend and a yield of 1.1%. This is a boost from Republic Services’s previous quarterly dividend of $0.58. The ex-dividend date of this dividend is Thursday, October 2nd. Republic Services’s payout ratio is presently 34.32%.

Hedge Funds Weigh In On Republic Services

A number of institutional investors and hedge funds have recently modified their holdings of RSG. Golden State Wealth Management LLC lifted its position in shares of Republic Services by 3,533.3% during the 1st quarter. Golden State Wealth Management LLC now owns 109 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 106 shares during the period. Cranbrook Wealth Management LLC raised its holdings in shares of Republic Services by 1,222.2% during the second quarter. Cranbrook Wealth Management LLC now owns 119 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 110 shares during the period. Key Financial Inc grew its stake in shares of Republic Services by 380.8% in the 1st quarter. Key Financial Inc now owns 125 shares of the business services provider’s stock valued at $30,000 after buying an additional 99 shares during the period. TCTC Holdings LLC raised its stake in Republic Services by 113.8% during the 1st quarter. TCTC Holdings LLC now owns 124 shares of the business services provider’s stock worth $30,000 after buying an additional 66 shares during the period. Finally, Elequin Capital LP bought a new position in Republic Services in the first quarter worth approximately $30,000. 57.73% of the stock is currently owned by institutional investors.

Republic Services Company Profile

Republic Services, Inc, together with its subsidiaries, offers environmental services in the United States and Canada. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions.