GFL Environmental Inc. (TSE:GFL) Senior Officer Sells C$364,304.22 in Stock

GFL Environmental Inc. (TSE:GFL) Senior Officer Mindy Beth Gilbert sold 6,698 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of C$54.39, for a total transaction of C$364,304.22.

Mindy Beth Gilbert also recently made the following trade(s):

• On Wednesday, September 11th, Mindy Beth Gilbert sold 7,733 shares of GFL Environmental stock. The shares were sold at an average price of C$54.86, for a total transaction of C$424,232.38.

GFL Environmental Price Performance

The company has a fifty day moving average price of C$54.94 and a two-hundred day moving average price of C$49.97. The firm has a market capitalization of C$19.91 billion, a price-to-earnings ratio of -26.47, a price-to-earnings-growth ratio of -0.76 and a beta of 1.06. GFL Environmental Inc. has a twelve month low of C$36.56 and a twelve month high of C$59.00. The company has a debt-to-equity ratio of 145.69, a quick ratio of 0.57 and a current ratio of 0.89.

GFL Environmental (TSE:GFL) last issued its quarterly earnings results on Wednesday, July 31st. The company reported C$0.29 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.28 by C$0.01. The company had revenue of C$2.06 billion during the quarter, compared to the consensus estimate of C$2.06 billion. GFL Environmental had a negative net margin of 8.83% and a negative return on equity of 9.83%. Analysts anticipate that GFL Environmental Inc. will post 1.6421021 earnings per share for the current fiscal year.

GFL Environmental Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Monday, July 15th were given a $0.019 dividend. The ex-dividend date of this dividend was Monday, July 15th. This represents a $0.08 annualized dividend and a yield of ∞. GFL Environmental’s dividend payout ratio (DPR) is -3.90%.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets downgraded GFL Environmental from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 9th.

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.