GFL Environmental Inc. (GFL) To Go Ex-Dividend on October 16th

GFL Environmental Inc. (TSE:GFL) announced a quarterly dividend on Wednesday, October 16th, Zacks reports. Investors of record on Thursday, October 31st will be given a dividend of 0.019 per share on Thursday, October 31st. This represents a $0.08 dividend on an annualized basis and a yield of 0.14%. The ex-dividend date of this dividend is Wednesday, October 16th.

GFL Environmental Stock Up 0.4 %

TSE GFL traded up C$0.22 during trading on Monday, hitting C$55.67. 105,860 shares of the company traded hands, compared to its average volume of 259,280. GFL Environmental has a 12 month low of C$36.56 and a 12 month high of C$59.00. The business has a fifty day simple moving average of C$55.27 and a 200 day simple moving average of C$50.89. The company has a current ratio of 0.89, a quick ratio of 0.57 and a debt-to-equity ratio of 145.69. The company has a market capitalization of C$21.20 billion, a P/E ratio of -27.16, a PEG ratio of -0.76 and a beta of 1.03.

GFL Environmental (TSE:GFL) last posted its quarterly earnings data on Wednesday, July 31st. The company reported C$0.29 EPS for the quarter, topping analysts’ consensus estimates of C$0.28 by C$0.01. GFL Environmental had a negative return on equity of 9.83% and a negative net margin of 8.83%. The business had revenue of C$2.06 billion for the quarter, compared to analyst estimates of C$2.06 billion. As a group, sell-side analysts predict that GFL Environmental will post 1.6545901 EPS for the current year.

Insider Buying and Selling

In related news, Senior Officer Jonathan Lucas (Luke) Pelosi sold 43,931 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of C$54.83, for a total value of C$2,408,604.94. In other GFL Environmental news, Senior Officer Jonathan Lucas (Luke) Pelosi sold 43,931 shares of the company’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of C$54.83, for a total transaction of C$2,408,604.94. Also, Director Patrick Joseph Dovigi sold 8,820 shares of the company’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of C$39.91, for a total transaction of C$352,018.55. Insiders sold 987,224 shares of company stock worth $48,703,272 in the last quarter. Insiders own 3.10% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. BMO Capital Markets lowered GFL Environmental from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 9th. Scotiabank raised GFL Environmental to a “strong-buy” rating in a report on Friday, October 4th.

GFL Environmental Company Profile

GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.