GFL Environmental (GFL) to Release Earnings on Wednesday

GFL Environmental (TSE:GFL) will release its earnings data after the market closes on Wednesday, July 31st. Analysts expect GFL Environmental to post earnings of C$0.27 per share for the quarter.

GFL Environmental Trading Up 0.9 %

TSE:GFL opened at C$52.89 on Tuesday. The company’s 50 day moving average price is C$50.76 and its 200-day moving average price is C$47.81. GFL Environmental has a 52 week low of C$36.56 and a 52 week high of C$55.06. The company has a quick ratio of 0.57, a current ratio of 0.84 and a debt-to-equity ratio of 130.18. The stock has a market cap of C$19.29 billion, a price-to-earnings ratio of -344.92, a PEG ratio of -0.76 and a beta of 1.20.

GFL Environmental Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Monday, July 15th will be issued a dividend of $0.019 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.14%. The ex-dividend date of this dividend is Monday, July 15th.

Insider Activity at GFL Environmental

In related news, Senior Officer Jonathan Lucas (Luke) Pelosi sold 62,872 shares of the stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of C$44.92, for a total transaction of C$2,824,210.24. 3.10% of the stock is owned by insiders.

Analysts Set New Price Targets

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

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.