Waste Connections
WCN
Market cap $47.3B

183.50 USD

-0.23

0.13%

At close Nov 15, 4:00 PM EST

After hours

183.50

+0.00

0.00%

1 day

-0.13%

5 days

-0.68%

1 month

0.81%

3 months

0.26%

6 months

10.70%

Year to date

23.46%

1 year

36.92%

5 years

105.65%

10 years

453.21%

About: Waste Connections is the third-largest integrated provider of traditional solid waste and recycling services in the North America, operating 103 active landfills (9 are exploration and production waste landfills and 16 are nonmunicipal waste landfills), 157 transfer stations, and 81 recycling operations. The firm serves residential, commercial, industrial, and energy end markets. Waste Connections entered the Canadian market with its 2016 merger with Progressive Waste. In 2023, 12% of consolidated revenue was generated from the firm's Canadian segment.

Employees: 22,539

Utilities Refuse Systems

0

Funds holding %

of 6,704 funds

0

Analysts bullish %

of 8 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

214% more call options, than puts

Call options by funds: $47M | Put options by funds: $15M

24% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 68

2% more funds holding

Funds holding: 683 [Q2] → 699 (+16) [Q3]

1% more repeat investments, than reductions

Existing positions increased: 256 | Existing positions reduced: 253

1% less capital invested

Capital invested by funds: $39.1B [Q2] → $38.7B (-$376M) [Q3]

2.4% less ownership

Funds ownership: 86.29% [Q2] → 83.89% (-2.4%) [Q3]

5% less funds holding in top 10

Funds holding in top 10: 20 [Q2] → 19 (-1) [Q3]

See Fund Rankings

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$192

5%

upside

Avg. target

$198

8%

upside

High target

$205

12%

upside

8 analyst ratings

7 positive

88%

1 neutral

13%

0 negative

0%

Raymond James Patrick Tyler Brown 68% 1-year accuracy 26 / 38 met price target	12%upside $205	Strong Buy Maintained	25 Oct 2024
RBC Capital Sabahat Khan 100% 1-year accuracy 14 / 14 met price target	10%upside $201	Outperform Maintained	25 Oct 2024
JP Morgan Stephanie Yee 33% 1-year accuracy 1 / 3 met price target	7%upside $197	Overweight Maintained	25 Oct 2024
Oppenheimer Noah Kaye 89% 1-year accuracy 54 / 61 met price target	5%upside $192	Outperform Maintained	25 Oct 2024
Stifel Brian Butler 67% 1-year accuracy 2 / 3 met price target	12%upside $205	Buy Reiterated	25 Oct 2024

See Analyst Rankings

Financial journalist opinion

Based on 8 articles about WCN published over the past 30 days

16 Upcoming Dividend Increases

All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 5.2% and a median increase of 4.2%. There are sixteen increases for next week, up from six last week.

16 Upcoming Dividend Increases

Zacks Investment Research

Waste Connections Shares Decline 3% Despite Q3 Earnings Beat

WCN witnesses significant increases across its segments' revenues in the third quarter of 2024.

Waste Connections Shares Decline 3% Despite Q3 Earnings Beat

WASTE CONNECTIONS DEMONSTRATES PROGRESS TOWARDS ESG GOALS IN UPDATED 2024 SUSTAINABILITY REPORT

TORONTO , Oct. 24, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today released its 2024 Sustainability Report – Connecting with the Sustainable Future. The report demonstrates progress toward the Company's aspirational ESG targets and sustainability-related objectives.

WASTE CONNECTIONS DEMONSTRATES PROGRESS TOWARDS ESG GOALS IN UPDATED 2024 SUSTAINABILITY REPORT

Waste Connections, Inc. (WCN) Q3 2024 Earnings Call Transcript

Waste Connections, Inc. (NYSE:WCN ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Ron Mittelstaedt - President & Chief Executive Officer Mary Anne Whitney - Executive Vice President & Chief Financial Officer Conference Call Participants Kevin Chiang - CIBC Noah Kaye - Oppenheimer Adam Bubes - Goldman Sachs Tyler Brown - Raymond James Konark Gupta - Scotiabank Chris Murray - ATB Capital Markets James Schumm - TD Cowen Sabahat Khan - RBC Capital Markets Stephanie Yee - JPMorgan James Somerville - Eight Capital Brian Butler - Stifel Jasper Bibb - Truist Securities Operator Good day, and welcome to the Waste Connections Inc. Q3 2024 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

Waste Connections, Inc. (WCN) Q3 2024 Earnings Call Transcript

Zacks Investment Research

Waste Connections (WCN) Reports Q3 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Waste Connections (WCN) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Waste Connections (WCN) Reports Q3 Earnings: What Key Metrics Have to Say

Zacks Investment Research

Waste Connections (WCN) Q3 Earnings and Revenues Surpass Estimates

Waste Connections (WCN) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.17 per share a year ago.

Waste Connections (WCN) Q3 Earnings and Revenues Surpass Estimates

WASTE CONNECTIONS REPORTS THIRD QUARTER 2024 RESULTS AND RAISES FULL YEAR OUTLOOK

Better than expected third quarter results drive further increases to full year 2024 outlook Revenue of $2.338 billion, up 13.3% year over year Net income(a) of $308.0 million, and adjusted EBITDA(b) of $787.4 million, up 17.3% year over year Adjusted EBITDA(b) margin of 33.7%, up 120 basis points year over year Net income of $1.19 per share, and adjusted net income(b) of $1.35 per share Year to date net cash provided by operating activities of $1.660 billion and adjusted free cash flow(b) of $1.044 billion Increased regular quarterly dividend by 10.5% On pace for acquisitions totaling over $700 million in annualized revenue, with an estimated rollover revenue contribution in 2025 of approximately 2% Increased full year 2024 outlook to $8.9 billion of revenue, up $150 million from original outlook, with net income of $1.082 billion and adjusted EBITDA(b) of $2.91 billion, up $50 million from original outlook TORONTO , Oct. 23, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced its results for the third quarter of 2024. "We are extremely pleased by the strength of our operating and financial results in the period, positioning for another increase to our full year 2024 outlook, with momentum as we look ahead to 2025.

WASTE CONNECTIONS REPORTS THIRD QUARTER 2024 RESULTS AND RAISES FULL YEAR OUTLOOK

WASTE CONNECTIONS ANNOUNCES 10.5% INCREASE IN QUARTERLY DIVIDEND

TORONTO , Oct. 23, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend on the Company's common shares and approved a 10.5% increase in the dividend. The regular quarterly cash dividend, which increases to $0.315 U.S. per common share of the Company from $0.285 U.S. per common share of the Company, will be paid on November 21, 2024 to shareholders of record on the close of business on November 7, 2024.

WASTE CONNECTIONS ANNOUNCES 10.5% INCREASE IN QUARTERLY DIVIDEND

Zacks Investment Research

Unveiling Waste Connections (WCN) Q3 Outlook: Wall Street Estimates for Key Metrics

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Waste Connections (WCN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.

Unveiling Waste Connections (WCN) Q3 Outlook: Wall Street Estimates for Key Metrics

WASTE CONNECTIONS ANNOUNCES DATES FOR THIRD QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

TORONTO , Sept. 23, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it will report financial results for the third quarter of 2024 after the close of the stock market on October 23, 2024.

WASTE CONNECTIONS ANNOUNCES DATES FOR THIRD QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

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