Republic Services (NYSE:RSG) Releases FY 2026 Earnings Guidance

Republic Services (NYSE:RSG) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 7.200-7.28 for the period, compared to the consensus EPS estimate of 7.140. The company issued revenue guidance of $17.1 billion-$17.2 billion, compared to the consensus revenue estimate of $17.1 billion.

Republic Services Price Performance

Shares of Republic Services stock traded down $1.78 on Tuesday, hitting $221.39. 2,181,208 shares of the company traded hands, compared to its average volume of 1,498,942. Republic Services has a 52 week low of $201.42 and a 52 week high of $258.75. The business has a 50-day simple moving average of $214.59 and a 200 day simple moving average of $220.17. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.58 and a current ratio of 0.58. The stock has a market capitalization of $68.53 billion, a P/E ratio of 32.94, a price-to-earnings-growth ratio of 3.64 and a beta of 0.54.

Republic Services (NYSE:RSG) last posted its earnings results on Tuesday, February 17th. The business services provider reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.14. The company had revenue of $4.14 billion during the quarter, compared to analysts’ expectations of $4.21 billion. Republic Services had a net margin of 12.77% and a return on equity of 18.24%. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. Research analysts expect that Republic Services will post 6.86 earnings per share for the current fiscal year.

Republic Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be given a $0.625 dividend. This represents a $2.50 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, April 2nd. Republic Services’s payout ratio is currently 37.20%.

Analyst Ratings Changes

A number of brokerages recently commented on RSG. Stifel Nicolaus lowered their price target on shares of Republic Services from $257.00 to $251.00 and set a “buy” rating for the company in a report on Friday, October 31st. Barclays lowered their price objective on Republic Services from $237.00 to $236.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 20th. Oppenheimer decreased their price target on Republic Services from $256.00 to $255.00 and set an “outperform” rating on the stock in a report on Friday, January 23rd. UBS Group set a $220.00 price objective on shares of Republic Services in a research note on Monday, January 5th. Finally, Jefferies Financial Group set a $248.00 target price on shares of Republic Services and gave the company a “buy” rating in a research note on Monday, November 3rd. Fourteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $248.82.

Insider Activity at Republic Services

In other news, Director Katharine Weymouth acquired 478 shares of Republic Services stock in a transaction that occurred on Tuesday, December 9th. The stock was purchased at an average price of $209.46 per share, for a total transaction of $100,121.88. Following the purchase, the director directly owned 5,740 shares in the company, valued at $1,202,300.40. The trade was a 9.08% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.11% of the company’s stock.

Institutional Investors Weigh In On Republic Services

A number of institutional investors and hedge funds have recently modified their holdings of RSG. State Street Corp raised its stake in shares of Republic Services by 1.7% during the 4th quarter. State Street Corp now owns 9,695,747 shares of the business services provider’s stock valued at $2,054,820,000 after buying an additional 166,474 shares during the last quarter. Morgan Stanley lifted its holdings in Republic Services by 38.6% in the fourth quarter. Morgan Stanley now owns 5,348,501 shares of the business services provider’s stock valued at $1,133,509,000 after acquiring an additional 1,490,719 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Republic Services by 17.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,152,891 shares of the business services provider’s stock worth $456,264,000 after purchasing an additional 319,173 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Republic Services by 6.0% during the 3rd quarter. Bank of America Corp DE now owns 2,031,005 shares of the business services provider’s stock worth $466,075,000 after purchasing an additional 114,291 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Republic Services by 2.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,676,237 shares of the business services provider’s stock valued at $355,245,000 after purchasing an additional 33,339 shares during the period. 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.