Waste Connections (WCN) – Investment Analysts’ Weekly Ratings Updates

Waste Connections (NYSE: WCN) recently received a number of ratings updates from brokerages and research firms:

• 7/28/2025 – Waste Connections had its price target lowered by analysts at Citigroup Inc. from $208.00 to $204.00. They now have a “neutral” rating on the stock.
• 7/25/2025 – Waste Connections had its “outperform” rating reaffirmed by analysts at CIBC.
• 7/25/2025 – Waste Connections had its price target raised by analysts at Scotiabank from $202.00 to $208.00. They now have a “sector perform” rating on the stock.
• 7/25/2025 – Waste Connections had its price target raised by analysts at CIBC from $212.00 to $215.00. They now have an “outperformer” rating on the stock.
• 7/25/2025 – Waste Connections had its price target lowered by analysts at Royal Bank Of Canada from $221.00 to $219.00. They now have an “outperform” rating on the stock.
• 7/24/2025 – Waste Connections was upgraded by analysts at Atb Cap Markets from a “hold” rating to a “strong-buy” rating.
• 7/22/2025 – Waste Connections had its price target lowered by analysts at Raymond James Financial, Inc. from $224.00 to $211.00. They now have a “strong-buy” rating on the stock.
• 7/18/2025 – Waste Connections had its price target lowered by analysts at Scotiabank from $206.00 to $202.00. They now have a “sector perform” rating on the stock.
• 7/9/2025 – Waste Connections had its price target raised by analysts at Oppenheimer Holdings, Inc. from $216.00 to $218.00. They now have an “outperform” rating on the stock.
• 7/8/2025 – Waste Connections had its price target lowered by analysts at CIBC from $215.00 to $212.00. They now have an “outperformer” rating on the stock.
• 6/9/2025 – Waste Connections was upgraded by analysts at Melius Research to a “strong-buy” rating. They now have a $213.00 price target on the stock.
• 6/9/2025 – Waste Connections is now covered by analysts at Melius. They set a “buy” rating on the stock.

Waste Connections Stock Performance

Shares of WCN opened at $187.45 on Tuesday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.00. The firm has a market cap of $48.43 billion, a PE ratio of 75.58, a price-to-earnings-growth ratio of 3.36 and a beta of 0.58. The company’s 50 day simple moving average is $187.16 and its 200-day simple moving average is $189.22. Waste Connections, Inc. has a 12-month low of $169.36 and a 12-month high of $201.66.

Waste Connections (NYSE:WCN) last announced its earnings results on Wednesday, July 23rd. The business services provider reported $1.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.04. The business had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.39 billion. Waste Connections had a net margin of 6.97% and a return on equity of 15.72%. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period last year, the firm posted $1.24 earnings per share. As a group, equities analysts predict that Waste Connections, Inc. will post 5.28 EPS for the current year.

Waste Connections Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 21st. Stockholders of record on Wednesday, August 6th will be given a dividend of $0.315 per share. The ex-dividend date is Wednesday, August 6th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 0.7%. Waste Connections’s dividend payout ratio (DPR) is 50.81%.

Hedge Funds Weigh In On Waste Connections

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its position in Waste Connections by 3.3% in the 1st quarter. Vanguard Group Inc. now owns 30,247,244 shares of the business services provider’s stock valued at $5,901,049,000 after buying an additional 954,242 shares during the last quarter. Bank of Montreal Can grew its position in Waste Connections by 4.3% in the 4th quarter. Bank of Montreal Can now owns 8,644,222 shares of the business services provider’s stock valued at $1,481,041,000 after buying an additional 356,798 shares during the last quarter. FIL Ltd grew its position in Waste Connections by 46.2% in the 4th quarter. FIL Ltd now owns 7,177,724 shares of the business services provider’s stock valued at $1,231,368,000 after buying an additional 2,269,652 shares during the last quarter. WCM Investment Management LLC grew its position in Waste Connections by 1.8% in the 2nd quarter. WCM Investment Management LLC now owns 6,501,719 shares of the business services provider’s stock valued at $1,208,669,000 after buying an additional 117,939 shares during the last quarter. Finally, Capital International Investors grew its position in Waste Connections by 17.8% in the 4th quarter. Capital International Investors now owns 5,949,152 shares of the business services provider’s stock valued at $1,020,672,000 after buying an additional 899,058 shares during the last quarter. 86.09% of the stock is currently owned by hedge funds and other institutional investors.

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.