Republic Services, Inc. (NYSE:RSG) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of Republic Services, Inc. (NYSE:RSG) have been given an average rating of “Moderate Buy” by the twenty-two brokerages that are currently covering the firm, Marketbeat reports. Nine investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $243.27.

Several research analysts have commented on the company. Sanford C. Bernstein lifted their price target on Republic Services from $220.00 to $227.00 and gave the stock a “market perform” rating in a research report on Monday, August 10th. The Goldman Sachs Group reduced their price objective on Republic Services from $256.00 to $246.00 and set a “buy” rating for the company in a research report on Friday, October 2nd. Barclays raised their price objective on shares of Republic Services from $233.00 to $240.00 and gave the stock an “equal weight” rating in a research note on Friday, August 7th. UBS Group boosted their price objective on shares of Republic Services from $233.00 to $235.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Finally, BMO Capital Markets set a $244.00 price objective on shares of Republic Services in a research report on Thursday, October 15th.

Insider Transactions at Republic Services

In other news, major shareholder Cascade Investment, L.L.C. purchased 409,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were acquired at an average price of $221.49 per share, for a total transaction of $90,700,155.00. Following the completion of the acquisition, the insider directly owned 116,166,330 shares in the company, valued at approximately $25,729,680,431.70. The trade was a 0.35% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In the last 90 days, insiders have bought 6,254,462 shares of company stock worth $1,380,321,958. 0.12% of the stock is owned by corporate insiders.

Institutional Trading of Republic Services

Institutional investors and hedge funds have recently modified their holdings of the stock. Woodward Diversified Capital LLC bought a new position in Republic Services in the third quarter worth about $208,000. Flavin Financial Services Inc. boosted its holdings in shares of Republic Services by 3.9% in the 3rd quarter. Flavin Financial Services Inc. now owns 9,096 shares of the business services provider’s stock valued at $1,909,000 after buying an additional 344 shares in the last quarter. Axxcess Wealth Management LLC boosted its holdings in shares of Republic Services by 15.0% in the 3rd quarter. Axxcess Wealth Management LLC now owns 5,474 shares of the business services provider’s stock valued at $1,149,000 after buying an additional 715 shares in the last quarter. Albion Financial Group UT grew its position in shares of Republic Services by 48.9% in the 3rd quarter. Albion Financial Group UT now owns 50,632 shares of the business services provider’s stock worth $10,626,000 after buying an additional 16,619 shares during the last quarter. Finally, Sawyer & Company Inc purchased a new stake in Republic Services during the third quarter valued at approximately $1,704,000. 57.73% of the stock is owned by institutional investors.

Republic Services Stock Down 1.0%

Shares of RSG stock opened at $230.58 on Friday. The stock’s 50 day simple moving average is $219.53 and its 200 day simple moving average is $214.22. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.64 and a current ratio of 0.64. Republic Services has a twelve month low of $196.41 and a twelve month high of $233.42. The company has a market capitalization of $70.61 billion, a price-to-earnings ratio of 32.66, a PEG ratio of 3.74 and a beta of 0.39.

Republic Services (NYSE:RSG) last released its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.81 by $0.04. The company had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.36 billion. Republic Services had a net margin of 12.94% and a return on equity of 18.69%. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.77 earnings per share. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. As a group, research analysts predict that Republic Services will post 7.26 EPS for the current year.

Republic Services Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Friday, October 2nd were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.2%. This is an increase from Republic Services’s previous quarterly dividend of $0.6250. The ex-dividend date was Friday, October 2nd. Republic Services’s dividend payout ratio is presently 37.96%.

About Republic Services

Republic Services, Inc is an environmental services company that provides waste collection, recycling and disposal solutions for residential, commercial, industrial and municipal customers. Its services include curbside collection, dumpster and roll-off container services, transfer station operations, landfill management and recycling processing.

The company also provides specialized environmental services, including hazardous waste management, emergency response, remediation and other sustainability-related solutions for businesses and government organizations.