Republic Services (NYSE:RSG) Price Target Raised to $267.00 at Royal Bank Of Canada

Republic Services (NYSE:RSG) had its price target raised by Royal Bank Of Canada from $265.00 to $267.00 in a report issued on Friday,Benzinga reports. The firm currently has an outperform rating on the business services provider’s stock.

Several other analysts also recently commented on RSG. Robert W. Baird reduced their price objective on Republic Services from $242.00 to $240.00 and set a “neutral” rating for the company in a research note on Thursday, April 16th. Weiss Ratings downgraded Republic Services from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Wolfe Research initiated coverage on Republic Services in a research note on Friday, March 13th. They set a “peer perform” rating for the company. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and set a $249.00 price objective on shares of Republic Services in a research note on Friday. Finally, Oppenheimer reduced their price objective on Republic Services from $256.00 to $255.00 and set an “outperform” rating for the company in a research note on Friday, January 23rd. Eleven research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $246.00.

Republic Services Trading Down 0.9%

NYSE:RSG opened at $199.82 on Friday. The stock has a 50-day simple moving average of $217.64 and a 200-day simple moving average of $215.64. The stock has a market cap of $61.74 billion, a P/E ratio of 28.67, a P/E/G ratio of 3.34 and a beta of 0.43. Republic Services has a 1 year low of $198.24 and a 1 year high of $258.75. 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 (NYSE:RSG) last announced its earnings results on Thursday, May 7th. The business services provider reported $1.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.64 by $0.06. The firm had revenue of $4.11 billion during the quarter, compared to analysts’ expectations of $4.10 billion. Republic Services had a return on equity of 18.58% and a net margin of 13.00%.The business’s revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.58 EPS. As a group, analysts anticipate that Republic Services will post 7.22 earnings per share for the current fiscal year.

Republic Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, July 2nd will be paid a $0.625 dividend. This represents a $2.50 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, July 2nd. Republic Services’s dividend payout ratio (DPR) is presently 36.79%.

Institutional Investors Weigh In On Republic Services

Large investors have recently bought and sold shares of the stock. Oregon Public Employees Retirement Fund grew its position in Republic Services by 32.9% in the third quarter. Oregon Public Employees Retirement Fund now owns 23,211 shares of the business services provider’s stock valued at $5,326,000 after purchasing an additional 5,740 shares in the last quarter. Bessemer Group Inc. grew its position in Republic Services by 7,683.2% in the third quarter. Bessemer Group Inc. now owns 739,792 shares of the business services provider’s stock valued at $169,768,000 after purchasing an additional 730,287 shares in the last quarter. National Pension Service grew its position in Republic Services by 1.2% in the third quarter. National Pension Service now owns 758,644 shares of the business services provider’s stock valued at $174,094,000 after purchasing an additional 9,041 shares in the last quarter. Azzad Asset Management Inc. ADV bought a new position in Republic Services in the third quarter valued at $3,524,000. Finally, SteelPeak Wealth LLC grew its position in Republic Services by 130.0% in the fourth quarter. SteelPeak Wealth LLC now owns 12,386 shares of the business services provider’s stock valued at $2,625,000 after purchasing an additional 7,001 shares in the last quarter. Institutional investors and hedge funds own 57.73% of the company’s stock.

Key Stories Impacting Republic Services

Here are the key news stories impacting Republic Services this week:

• Positive Sentiment: Royal Bank of Canada raised its price target on Republic Services (RSG) from $265 to $267 and reiterated an outperform rating, implying meaningful upside from current levels. Benzinga
• Positive Sentiment: RSG reported first-quarter EPS of $1.70, beating the consensus estimate of $1.64, while revenue of $4.11 billion also slightly topped expectations. Republic Services Q1 2026 Results
• Positive Sentiment: Management highlighted pricing discipline and cost controls, which helped lift the adjusted EBITDA margin to 32.1% and expanded net income and adjusted free cash flow. Zacks Q1 Earnings Beat

Republic Services Company Profile

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.