Insider Selling: GFL Environmental Inc. (TSE:GFL) Senior Officer Sells 62,872 Shares of Stock

GFL Environmental Inc. (TSE:GFL) Senior Officer Jonathan Lucas (Luke) Pelosi sold 62,872 shares of GFL Environmental stock in a transaction dated 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.

GFL Environmental Price Performance

Shares of TSE GFL opened at C$44.84 on Thursday. GFL Environmental Inc. has a twelve month low of C$36.56 and a twelve month high of C$51.83. The stock’s 50 day moving average price is C$46.32 and its 200-day moving average price is C$44.42. The company has a market capitalization of C$16.35 billion, a PE ratio of -344.92, a PEG ratio of -0.76 and a beta of 1.18. The company has a quick ratio of 0.57, a current ratio of 0.84 and a debt-to-equity ratio of 130.18.

GFL Environmental (TSE:GFL) last announced its earnings results on Tuesday, February 20th. The company reported C$0.05 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.24 by C($0.19). The business had revenue of C$1.88 billion during the quarter, compared to analysts’ expectations of C$1.85 billion. GFL Environmental had a return on equity of 1.02% and a net margin of 1.22%. On average, equities analysts anticipate that GFL Environmental Inc. will post 1.2105832 EPS for the current year.

GFL Environmental Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Monday, April 15th were issued a $0.019 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.17%. The ex-dividend date of this dividend was Friday, April 12th. This is a boost from GFL Environmental’s previous quarterly dividend of $0.02.

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.