What is Atb Cap Markets’ Estimate for WCN FY2025 Earnings?

Waste Connections, Inc. (NYSE:WCN) – Investment analysts at Atb Cap Markets raised their FY2025 earnings estimates for shares of Waste Connections in a research report issued on Wednesday, October 22nd. Atb Cap Markets analyst C. Murray now anticipates that the business services provider will post earnings per share of $5.11 for the year, up from their previous estimate of $5.01. Atb Cap Markets 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’ Q3 2026 earnings at $1.59 EPS and Q4 2026 earnings at $1.42 EPS.

Waste Connections (NYSE:WCN) last released its quarterly earnings data on Tuesday, October 21st. The business services provider reported $1.44 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analyst estimates of $2.46 billion. During the same quarter in the prior year, the company earned $1.35 earnings per share. The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. Waste Connections has set its FY 2025 guidance at EPS.

Several other equities analysts have also weighed in on the stock. Scotiabank reissued an “outperform” rating and issued a $210.00 price objective on shares of Waste Connections in a research report on Thursday. Weiss Ratings reissued a “hold (c)” rating on shares of Waste Connections in a report on Friday. CIBC restated an “outperform” rating on shares of Waste Connections in a report on Friday, July 25th. Citigroup lowered their target price on Waste Connections from $199.00 to $196.00 and set a “neutral” rating on the stock in a research note on Thursday. Finally, Royal Bank Of Canada reduced their price target on Waste Connections from $221.00 to $219.00 and set an “outperform” rating for the company in a research note on Friday, July 25th. Five investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $210.63.

Waste Connections Stock Down 0.0%

WCN opened at $176.76 on Monday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.07. The stock’s fifty day simple moving average is $176.95 and its 200 day simple moving average is $185.40. Waste Connections has a 1-year low of $169.36 and a 1-year high of $201.66. The stock has a market cap of $45.36 billion, a PE ratio of 73.65, a price-to-earnings-growth ratio of 3.25 and a beta of 0.62.

Hedge Funds Weigh In On Waste Connections

Several hedge funds have recently bought and sold shares of the company. Asset Dedication LLC bought a new stake in shares of Waste Connections during the 2nd quarter worth approximately $28,000. Ramirez Asset Management Inc. raised its position in Waste Connections by 122.0% during the first quarter. Ramirez Asset Management Inc. now owns 182 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 100 shares in the last quarter. Larson Financial Group LLC lifted its stake in Waste Connections by 994.4% during the first quarter. Larson Financial Group LLC now owns 197 shares of the business services provider’s stock worth $38,000 after purchasing an additional 179 shares during the last quarter. AlphaCore Capital LLC acquired a new stake in shares of Waste Connections in the 2nd quarter valued at $39,000. Finally, Valley National Advisers Inc. increased its stake in shares of Waste Connections by 232.3% in the 1st quarter. Valley National Advisers Inc. now owns 216 shares of the business services provider’s stock valued at $41,000 after purchasing an additional 151 shares during the last quarter. 86.09% of the stock is owned by institutional investors.

Waste Connections Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Wednesday, November 5th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 0.8%. This is a boost from Waste Connections’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Wednesday, November 5th. Waste Connections’s payout ratio is presently 52.50%.

About Waste Connections

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.