Atb Cap Markets Brokers Lower Earnings Estimates for WCN

Waste Connections, Inc. (NYSE:WCN) – Research analysts at Atb Cap Markets lowered their Q1 2026 earnings per share (EPS) estimates for Waste Connections in a note issued to investors on Wednesday, October 22nd. Atb Cap Markets analyst C. Murray now anticipates that the business services provider will post earnings of $1.21 per share for the quarter, down from their previous forecast of $1.26. Atb Cap Markets currently has a “Strong-Buy” rating on the stock. The consensus estimate for Waste Connections’ current full-year earnings is $5.28 per share. Atb Cap Markets also issued estimates for Waste Connections’ Q2 2026 earnings at $1.42 EPS, FY2026 earnings at $5.63 EPS, Q1 2027 earnings at $1.37 EPS, Q2 2027 earnings at $1.62 EPS, Q3 2027 earnings at $1.80 EPS and FY2027 earnings at $6.38 EPS.

Waste Connections (NYSE:WCN) last posted its quarterly earnings results on Tuesday, October 21st. The business services provider reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.06. Waste Connections had a return on equity of 16.07% and a net margin of 6.65%.The firm had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.46 billion. During the same quarter in the previous year, the business earned $1.35 earnings per share. The company’s revenue was up 5.1% on a year-over-year basis. Waste Connections has set its FY 2025 guidance at EPS.

Several other brokerages have also commented on WCN. Barclays reaffirmed a “negative” rating on shares of Waste Connections in a report on Thursday. UBS Group set a $195.00 price objective on Waste Connections and gave the stock a “neutral” rating in a report on Thursday. Stifel Nicolaus cut their price objective on Waste Connections from $221.00 to $218.00 and set a “buy” rating for the company in a report on Thursday. Citigroup cut their price objective on Waste Connections from $199.00 to $196.00 and set a “neutral” rating for the company in a report on Thursday. Finally, Oppenheimer lifted their price objective on Waste Connections from $205.00 to $206.00 and gave the stock an “outperform” rating in a report on Thursday. Five investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Waste Connections presently has a consensus rating of “Buy” and a consensus price target of $210.63.

Waste Connections Stock Performance

Shares of WCN opened at $176.76 on Friday. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.67 and a quick ratio of 0.67. Waste Connections has a one year low of $169.36 and a one year high of $201.66. The firm has a market capitalization of $45.36 billion, a P/E ratio of 73.65, a PEG ratio of 3.28 and a beta of 0.62. The business has a fifty day moving average of $176.95 and a 200 day moving average of $185.44.

Institutional Trading of Waste Connections

Several hedge funds have recently bought and sold shares of WCN. Wealth Enhancement Advisory Services LLC grew its holdings in Waste Connections by 19.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,069 shares of the business services provider’s stock valued at $1,379,000 after purchasing an additional 1,137 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Waste Connections by 41.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 19,710 shares of the business services provider’s stock worth $3,843,000 after acquiring an additional 5,733 shares during the period. Asset Management One Co. Ltd. boosted its stake in shares of Waste Connections by 4.8% in the first quarter. Asset Management One Co. Ltd. now owns 108,522 shares of the business services provider’s stock worth $21,182,000 after acquiring an additional 4,937 shares during the period. Bessemer Group Inc. boosted its stake in shares of Waste Connections by 8.9% in the first quarter. Bessemer Group Inc. now owns 14,899 shares of the business services provider’s stock worth $2,907,000 after acquiring an additional 1,221 shares during the period. Finally, Perpetual Ltd boosted its stake in shares of Waste Connections by 12.3% in the first quarter. Perpetual Ltd now owns 78,499 shares of the business services provider’s stock worth $15,322,000 after acquiring an additional 8,611 shares during the period. Institutional investors own 86.09% of the company’s stock.

Waste Connections Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Wednesday, November 5th will be issued a dividend of $0.35 per share. This is a boost from Waste Connections’s previous quarterly dividend of $0.32. This represents a $1.40 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, November 5th. Waste Connections’s dividend payout ratio is presently 50.81%.

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.