GFL Environmental (NYSE:GFL) Given New $51.00 Price Target at Citigroup

GFL Environmental (NYSE:GFL) had its price objective decreased by Citigroup from $55.00 to $51.00 in a research note released on Tuesday,BayStreet.CA reports. Citigroup currently has a buy rating on the stock.

GFL has been the topic of several other research reports. Barclays raised their price target on GFL Environmental from $62.00 to $63.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Wolfe Research assumed coverage on GFL Environmental in a report on Friday, March 13th. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. cut GFL Environmental from a “neutral” rating to an “underweight” rating and decreased their price target for the company from $49.00 to $42.00 in a report on Tuesday. Scotiabank decreased their price target on GFL Environmental from $57.00 to $56.00 and set a “sector outperform” rating on the stock in a report on Thursday, February 12th. Finally, Royal Bank Of Canada raised their price target on GFL Environmental from $59.00 to $60.00 and gave the company an “outperform” rating in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $55.44.

GFL Environmental Price Performance

GFL Environmental stock opened at $38.67 on Tuesday. The business’s 50-day simple moving average is $42.77 and its 200 day simple moving average is $43.75. The stock has a market cap of $13.84 billion, a price-to-earnings ratio of 5.69, a P/E/G ratio of 3.09 and a beta of 0.84. GFL Environmental has a 12-month low of $36.96 and a 12-month high of $52.00. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.05.

GFL Environmental (NYSE:GFL) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.12. The business had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.67 billion. GFL Environmental had a return on equity of 3.66% and a net margin of 56.61%.The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business earned ($0.58) earnings per share. As a group, research analysts anticipate that GFL Environmental will post 0.58 earnings per share for the current year.

GFL Environmental Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Monday, April 13th will be given a $0.0169 dividend. The ex-dividend date of this dividend is Monday, April 13th. This represents a $0.07 dividend on an annualized basis and a yield of 0.2%. This is a boost from GFL Environmental’s previous quarterly dividend of $0.02. GFL Environmental’s payout ratio is 1.03%.

Institutional Investors Weigh In On GFL Environmental

A number of hedge funds and other institutional investors have recently bought and sold shares of GFL. Aster Capital Management DIFC Ltd acquired a new stake in GFL Environmental in the 4th quarter valued at approximately $25,000. Sunbelt Securities Inc. acquired a new stake in GFL Environmental in the 3rd quarter valued at approximately $33,000. EverSource Wealth Advisors LLC raised its position in GFL Environmental by 43.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 727 shares of the company’s stock valued at $37,000 after buying an additional 219 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its position in GFL Environmental by 45.2% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 976 shares of the company’s stock valued at $46,000 after buying an additional 304 shares during the last quarter. Finally, Summit Securities Group LLC acquired a new stake in GFL Environmental in the 4th quarter valued at approximately $72,000. Institutional investors and hedge funds own 64.70% of the company’s stock.

Key GFL Environmental News

Here are the key news stories impacting GFL Environmental this week:

• Positive Sentiment: GFL announced a definitive deal to buy SECURE Waste Infrastructure (enterprise value reported ~C$6.4B / ~$4.6B). Management says the deal is immediately accretive, lifts pro‑forma EBITDA margins and materially increases adjusted free‑cash‑flow conversion — arguments that support long‑term earnings and cash generation. Read More.
• Neutral Sentiment: Multiple outlets and filings provide deal context and valuation (market coverage from WSJ, Financial Post, Globe & Mail). These reports help investors assess strategic fit and timing but don’t change deal economics by themselves. Read More.
• Neutral Sentiment: Citigroup trimmed its price target from $55 to $51 but kept a “Buy” rating, signaling continued analyst confidence in the company’s growth thesis despite the lower target. Read More.
• Negative Sentiment: JPMorgan downgraded GFL from “Neutral” to “Underweight” and cut its target to $42 (from $49). The downgrade increases short‑term selling pressure and raises investor caution on valuation and deal execution. Read More.
• Negative Sentiment: Market reaction includes an intra‑day slide as investors digest that the acquisition consideration is ~80% GFL shares and ~20% cash. The stock‑heavy structure raises near‑term dilution concerns, potential share issuance, and uncertainties around leverage/integration — common catalysts for share weakness after large, stock‑financed M&A. Read More.

About GFL Environmental

GFL Environmental Inc is a leading North American provider of diversified environmental services, offering comprehensive solutions across solid waste management, liquid waste management, soil remediation and infrastructure services. The company’s core business activities include residential, commercial and industrial waste collection, recycling, composting and landfill management. In addition to traditional waste services, GFL provides specialized liquid waste hauling, treatment and disposal services as well as environmental consulting to support industrial and municipal clients in meeting regulatory and sustainability goals.

Founded in 2007 by entrepreneur Patrick Dovigi, GFL Environmental has pursued an aggressive growth strategy driven by strategic acquisitions and organic expansion.