GFL Environmental (GFL) to Release Earnings on Wednesday

GFL Environmental (TSE:GFL) is set to 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 Stock Up 0.9 %

GFL stock opened at C$52.89 on Tuesday. The firm’s fifty day simple moving average is C$50.76 and its 200-day simple moving average is C$47.81. The company has a market capitalization of C$19.29 billion, a P/E ratio of -344.92, a price-to-earnings-growth ratio of -0.76 and a beta of 1.20. The company has a debt-to-equity ratio of 130.18, a current ratio of 0.84 and a quick ratio of 0.57. GFL Environmental has a 12 month low of C$36.56 and a 12 month high of C$55.06.

GFL Environmental Announces Dividend

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

Insider Activity

In related news, Senior Officer Jonathan Lucas (Luke) Pelosi sold 62,872 shares of the business’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of C$44.92, for a total value of C$2,824,210.24. Insiders own 3.10% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets downgraded shares of GFL Environmental from a “strong-buy” rating to a “hold” rating in a 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.