National Bank Financial Weighs in on GFL Q1 Earnings

GFL Environmental Inc. (NYSE:GFL) – Equities researchers at National Bank Financial issued their Q1 2025 earnings estimates for GFL Environmental in a research report issued to clients and investors on Monday, March 10th. National Bank Financial analyst R. Merer forecasts that the company will post earnings of $0.06 per share for the quarter. The consensus estimate for GFL Environmental’s current full-year earnings is $0.58 per share. National Bank Financial also issued estimates for GFL Environmental’s Q2 2025 earnings at $0.16 EPS, Q3 2025 earnings at $0.21 EPS, Q4 2025 earnings at $0.17 EPS, FY2025 earnings at $0.60 EPS and FY2026 earnings at $0.55 EPS.

Several other equities research analysts have also recently commented on the company. Scotiabank boosted their target price on GFL Environmental from $50.00 to $52.00 and gave the company a “sector outperform” rating in a research note on Wednesday, March 5th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $53.00 price target on shares of GFL Environmental in a research report on Monday, February 24th. Stifel Nicolaus raised GFL Environmental from a “hold” rating to a “buy” rating in a research report on Tuesday, February 25th. Citigroup started coverage on GFL Environmental in a research report on Monday, January 27th. They set a “buy” rating and a $53.00 price target on the stock. Finally, National Bankshares reaffirmed an “outperform” rating on shares of GFL Environmental in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $49.78.

GFL Environmental Price Performance

Shares of GFL stock opened at $46.06 on Thursday. The stock has a 50-day moving average price of $44.69 and a 200 day moving average price of $43.45. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.27. The firm has a market cap of $18.12 billion, a price-to-earnings ratio of -34.63 and a beta of 1.16. GFL Environmental has a 12 month low of $30.57 and a 12 month high of $48.87.

GFL Environmental (NYSE:GFL) last posted its quarterly earnings data on Monday, February 24th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.03. The company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.98 billion. GFL Environmental had a positive return on equity of 3.50% and a negative net margin of 7.54%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in GFL. Generate Investment Management Ltd purchased a new position in shares of GFL Environmental during the fourth quarter valued at about $15,041,000. Tobam purchased a new position in shares of GFL Environmental during the fourth quarter valued at about $1,846,000. FMR LLC grew its position in shares of GFL Environmental by 7.4% during the third quarter. FMR LLC now owns 25,158,657 shares of the company’s stock valued at $1,003,591,000 after purchasing an additional 1,728,598 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of GFL Environmental in the 3rd quarter valued at about $2,807,000. Finally, Duff & Phelps Investment Management Co. increased its stake in GFL Environmental by 14.6% during the third quarter. Duff & Phelps Investment Management Co. now owns 310,918 shares of the company’s stock worth $12,399,000 after acquiring an additional 39,558 shares during the last quarter. Hedge funds and other institutional investors own 64.70% of the company’s stock.

GFL Environmental Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Monday, January 13th were issued a dividend of $0.014 per share. The ex-dividend date of this dividend was Monday, January 13th. This represents a $0.06 dividend on an annualized basis and a yield of 0.12%. GFL Environmental’s dividend payout ratio is presently -3.23%.

About GFL Environmental

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.