Republic Services (NYSE:RSG) Issues FY 2025 Earnings Guidance

Republic Services (NYSE:RSG) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 6.820-6.900 for the period, compared to the consensus earnings per share estimate of 6.790. The company issued revenue guidance of $16.9 billion-$17.0 billion, compared to the consensus revenue estimate of $17.0 billion.

Wall Street Analysts Forecast Growth

RSG has been the topic of several recent research reports. Morgan Stanley boosted their price objective on shares of Republic Services from $217.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Deutsche Bank Aktiengesellschaft upgraded shares of Republic Services from a “hold” rating to a “buy” rating and increased their price target for the company from $219.00 to $237.00 in a research report on Tuesday, December 10th. BMO Capital Markets raised Republic Services from a “market perform” rating to an “outperform” rating and upped their target price for the company from $211.00 to $238.00 in a research note on Friday, December 6th. Royal Bank of Canada raised Republic Services from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from $219.00 to $237.00 in a research report on Monday, January 6th. Finally, CIBC increased their price objective on Republic Services from $217.00 to $227.00 and gave the company a “neutral” rating in a research note on Wednesday, December 4th. Six analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $224.38.

Republic Services Stock Performance

Republic Services stock opened at $224.52 on Friday. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.64 and a quick ratio of 0.64. The firm’s fifty day moving average price is $210.47 and its 200 day moving average price is $206.94. The company has a market capitalization of $70.31 billion, a price-to-earnings ratio of 35.92, a price-to-earnings-growth ratio of 3.24 and a beta of 0.74. Republic Services has a 12-month low of $176.30 and a 12-month high of $224.68.

Republic Services (NYSE:RSG) last released its quarterly earnings results on Thursday, February 13th. The business services provider reported $1.58 EPS for the quarter, topping the consensus estimate of $1.37 by $0.21. Republic Services had a return on equity of 18.18% and a net margin of 12.46%. During the same period in the previous year, the business earned $1.41 EPS. On average, research analysts forecast that Republic Services will post 6.25 EPS for the current fiscal year.

Republic Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Wednesday, April 2nd will be paid a $0.58 dividend. The ex-dividend date is Wednesday, April 2nd. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.03%. Republic Services’s dividend payout ratio (DPR) is presently 37.12%.

Insider Buying and Selling at Republic Services

In other Republic Services news, Director Katharine Weymouth sold 1,859 shares of the stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $215.27, for a total transaction of $400,186.93. Following the transaction, the director now owns 879 shares of the company’s stock, valued at $189,222.33. This trade represents a 67.90 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Brian M. Delghiaccio sold 5,071 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $210.02, for a total value of $1,065,011.42. Following the completion of the sale, the chief financial officer now owns 6,318 shares of the company’s stock, valued at $1,326,906.36. This trade represents a 44.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.09% of the stock is currently owned by insiders.

Republic Services Company Profile

Republic Services, Inc, together with its subsidiaries, offers environmental services in the United States and Canada. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions.