Waste Connections Inc (TSE:WCN) announced a quarterly dividend on Wednesday, February 14th, Zacks reports. Stockholders of record on Wednesday, February 28th will be given a dividend of 0.172 per share on Wednesday, March 14th. This represents a $0.69 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend is Tuesday, February 27th.
Waste Connections (WCN) traded up C$0.20 during midday trading on Thursday, hitting C$89.42. 44,722 shares of the stock traded hands, compared to its average volume of 384,767. The firm has a market capitalization of $23,500.00, a price-to-earnings ratio of 32.76 and a beta of -0.23. Waste Connections has a 12 month low of C$75.38 and a 12 month high of C$94.86.
Waste Connections (TSE:WCN) last posted its quarterly earnings data on Wednesday, February 14th. The company reported C$0.66 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.62 by C$0.04. The company had revenue of C$1.47 billion during the quarter, compared to analyst estimates of C$1.42 billion. Waste Connections had a net margin of 10.23% and a return on equity of 8.39%.
A number of brokerages recently weighed in on WCN. TD Securities raised their price target on shares of Waste Connections to C$95.00 and gave the company a “hold” rating in a report on Friday, October 27th. Royal Bank of Canada raised their price target on shares of Waste Connections to C$102.50 and gave the company an “outperform” rating in a report on Friday, October 27th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Waste Connections has a consensus rating of “Buy” and a consensus price target of C$88.92.
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Waste Connections Company Profile
Waste Connections, Inc, a solid waste services company, provides waste collection, transfer, disposal, and recycling services in the United States and Canada. The company operates through six segments: Southern, Western, Eastern, Canada, Central, and Exploration and Production (E&P). It offers collection services to residential, commercial, municipal, industrial, and E&P customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, office paper, plastic containers, glass bottles, and ferrous and aluminum metals.
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