Republic Services, Inc. (NYSE:RSG) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Republic Services, Inc. (NYSE:RSG) has earned a consensus rating of “Moderate Buy” from the twenty brokerages that are covering the stock, MarketBeat Ratings reports. Ten investment analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $244.6667.

A number of brokerages have recently weighed in on RSG. Oppenheimer cut their price objective on Republic Services from $256.00 to $255.00 and set an “outperform” rating on the stock in a report on Friday, January 23rd. Sanford C. Bernstein increased their price target on shares of Republic Services from $205.00 to $220.00 and gave the stock a “market perform” rating in a report on Monday, January 5th. Wolfe Research began coverage on shares of Republic Services in a research report on Friday, March 13th. They set a “peer perform” rating for the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Republic Services in a report on Friday, March 27th. Finally, Wells Fargo & Company increased their price objective on shares of Republic Services from $238.00 to $252.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 18th.

Republic Services Trading Up 0.1%

Republic Services stock opened at $208.41 on Friday. The stock has a 50-day moving average of $219.03 and a two-hundred day moving average of $216.17. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.64 and a current ratio of 0.64. Republic Services has a one year low of $201.42 and a one year high of $258.75. The stock has a market cap of $64.39 billion, a PE ratio of 30.42, a price-to-earnings-growth ratio of 3.42 and a beta of 0.53.

Republic Services (NYSE:RSG) last released its quarterly earnings results on Tuesday, February 17th. The business services provider reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.14. Republic Services had a return on equity of 18.44% and a net margin of 12.90%.The company had revenue of $4.14 billion during the quarter, compared to analysts’ expectations of $4.21 billion. During the same period last year, the business posted $1.58 earnings per share. The firm’s revenue was up 2.2% compared to the same quarter last year. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. On average, research analysts anticipate that Republic Services will post 7.22 EPS for the current fiscal year.

Republic Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Thursday, April 2nd were paid a $0.625 dividend. The ex-dividend date was Thursday, April 2nd. This represents a $2.50 dividend on an annualized basis and a dividend yield of 1.2%. Republic Services’s dividend payout ratio is presently 36.79%.

Institutional Trading of Republic Services

Hedge funds and other institutional investors have recently made changes to their positions in the business. Financial Consulate Inc. acquired a new stake in Republic Services during the third quarter worth about $25,000. Laurel Wealth Advisors LLC acquired a new stake in Republic Services during the fourth quarter worth about $25,000. Wealth Watch Advisors INC acquired a new stake in Republic Services during the third quarter worth about $26,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Republic Services by 121.8% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 122 shares of the business services provider’s stock worth $28,000 after acquiring an additional 67 shares during the period. Finally, Ameriflex Group Inc. acquired a new stake in Republic Services during the third quarter worth about $29,000. Institutional investors and hedge funds own 57.73% of the company’s stock.

About Republic Services

Republic Services, Inc is a leading provider of non-hazardous solid waste and recycling services in the United States. The company offers a broad range of waste management solutions to residential, commercial, industrial and municipal customers, positioning itself as a full-service partner for everyday waste collection as well as specialized disposal needs.

Republic’s core operations include curbside and commercial collection, transfer and hauling, materials recovery and recycling facilities, and landfill disposal.