GFL Environmental Inc. (TSE:GFL – Get Free Report) traded down 7.2% on Monday . The stock traded as low as C$55.08 and last traded at C$55.34. 150,495 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 397,987 shares. The stock had previously closed at C$59.62.
Trending Headlines about GFL Environmental
Here are the key news stories impacting GFL Environmental this week:
- Positive Sentiment: Deal materially expands GFL’s Western Canada footprint and scale, adding routes, facilities and local market share — a strategic fit that should lift revenue and cross-selling opportunities if integrated successfully. GFL to acquire Secure Waste in $6.4B deal, expanding Western Canadian footprint
- Positive Sentiment: Reports say GFL is paying a roughly 15% premium — management appears willing to pay to secure scale and eliminate a regional competitor, signaling confidence in acquisition economics. GFL Nears C$6 Billion Secure Waste Deal With 15% Premium
- Neutral Sentiment: Media outlets report different dollar figures (C$6.4B, US$4.3B–4.6B) — differences likely reflect currency conversion and whether headlines cite enterprise value vs. equity value; investors should watch company filings for the precise purchase price and structure. GFL Environmental to acquire Secure Waste in $6.4-billion deal
- Neutral Sentiment: Timing and approvals matter — the transaction will require regulatory clearances and operational integration planning; near-term execution risk and timing uncertainty may mute immediate earnings accretion. GFL Environmental Enters Agreement to Acquire SECURE Waste
- Negative Sentiment: Financing the deal will likely increase leverage from already-elevated levels (GFL’s reported debt/equity is high), raising credit and interest-cost risk and putting pressure on covenants and free cash flow near-term. Canada’s GFL environmental signs mammoth $6.4B deal for Secure Waste
- Negative Sentiment: Integration risks, potential dilution and exposure to oilfield/industrial waste streams (noted in some coverage) could add earnings volatility — geopolitical-driven commodity moves may amplify that exposure. GFL bets on oil amid Iran war in $4.6B Secure Waste deal
Analyst Upgrades and Downgrades
Separately, Wolfe Research raised GFL Environmental to a “strong-buy” rating in a research report on Friday, March 13th. Five research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Strong Buy”.
GFL Environmental Price Performance
The company has a market capitalization of C$19.21 billion, a price-to-earnings ratio of 5.33, a price-to-earnings-growth ratio of -0.76 and a beta of 0.23. The company has a debt-to-equity ratio of 114.80, a current ratio of 0.58 and a quick ratio of 0.57. The business has a fifty day moving average price of C$58.69 and a 200 day moving average price of C$60.54.
GFL Environmental (TSE:GFL – Get Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The company reported C$0.36 EPS for the quarter. The company had revenue of C$1.69 billion for the quarter. GFL Environmental had a negative return on equity of 21.15% and a negative net margin of 22.76%. On average, research analysts expect that GFL Environmental Inc. will post 1.6870788 earnings per share for the current fiscal year.
GFL Environmental Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 30th will be issued a dividend of $0.0169 per share. This represents a $0.07 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Monday, April 13th. GFL Environmental’s payout ratio is presently 0.85%.
About GFL Environmental
GFL is the fourth largest diversified environmental services company in North America, providing comprehensive solid waste management services from its platform of facilities throughout Canada and 18 U.S. states. GFL has a workforce of more than 15,000 employees across its organization.
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