Seaport Res Ptn Issues Optimistic Estimate for WCN Earnings

Waste Connections, Inc. (NYSE:WCN) – Analysts at Seaport Res Ptn increased their Q4 2025 earnings per share estimates for Waste Connections in a research report issued to clients and investors on Monday, October 27th. Seaport Res Ptn analyst J. Mazzoni now expects that the business services provider will post earnings per share of $1.33 for the quarter, up from their previous estimate of $1.15. The consensus estimate for Waste Connections’ current full-year earnings is $5.28 per share. Seaport Res Ptn also issued estimates for Waste Connections’ Q4 2026 earnings at $1.44 EPS, FY2026 earnings at $5.87 EPS, Q3 2027 earnings at $1.81 EPS and FY2027 earnings at $6.47 EPS.

Waste Connections (NYSE:WCN) last released its quarterly earnings results on Tuesday, October 21st. The business services provider reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 last year, the company posted $1.35 earnings per share. The business’s revenue was up 5.1% on a year-over-year basis. Waste Connections has set its FY 2025 guidance at EPS.

A number of other equities research analysts have also weighed in on the company. Royal Bank Of Canada lowered their price objective on Waste Connections from $221.00 to $219.00 and set an “outperform” rating on the stock in a report on Friday, July 25th. CIBC reiterated an “outperform” rating on shares of Waste Connections in a research report on Friday, July 25th. Raymond James Financial set a $213.00 target price on Waste Connections and gave the company a “strong-buy” rating in a research note on Monday, October 6th. UBS Group set a $195.00 target price on Waste Connections and gave the company a “neutral” rating in a report on Thursday, October 23rd. Finally, Oppenheimer increased their target price on Waste Connections from $205.00 to $206.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Five research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $210.63.

Waste Connections Stock Performance

NYSE WCN opened at $168.37 on Wednesday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 1.07. Waste Connections has a 52-week low of $167.84 and a 52-week high of $201.66. The business’s 50-day moving average price is $176.15 and its 200 day moving average price is $184.96. The firm has a market cap of $43.11 billion, a P/E ratio of 70.15, a P/E/G ratio of 3.27 and a beta of 0.62.

Waste Connections Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Wednesday, November 5th will be given a $0.35 dividend. This represents a $1.40 annualized dividend 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 dividend payout ratio is 52.50%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Checchi Capital Advisers LLC lifted its position in shares of Waste Connections by 4.6% during the first quarter. Checchi Capital Advisers LLC now owns 1,278 shares of the business services provider’s stock worth $249,000 after purchasing an additional 56 shares during the last quarter. MWA Asset Management increased its stake in shares of Waste Connections by 1.2% during the first quarter. MWA Asset Management now owns 4,783 shares of the business services provider’s stock valued at $934,000 after acquiring an additional 57 shares during the period. Lido Advisors LLC lifted its position in Waste Connections by 2.1% in the second quarter. Lido Advisors LLC now owns 2,949 shares of the business services provider’s stock worth $551,000 after purchasing an additional 61 shares during the period. Legacy Wealth Asset Management LLC lifted its position in Waste Connections by 0.8% in the third quarter. Legacy Wealth Asset Management LLC now owns 7,895 shares of the business services provider’s stock worth $1,388,000 after purchasing an additional 61 shares during the period. Finally, MAI Capital Management increased its holdings in shares of Waste Connections by 6.0% in the first quarter. MAI Capital Management now owns 1,116 shares of the business services provider’s stock valued at $218,000 after buying an additional 63 shares in the last quarter. 86.09% of the stock is owned by hedge funds and other institutional investors.

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.