WCN icon

Waste Connections

187.38 USD
-0.47
0.25%
At close Feb 21, 4:00 PM EST
After hours
187.38
+0.00
0.00%
1 day
-0.25%
5 days
-0.98%
1 month
4.75%
3 months
-0.86%
6 months
1.60%
Year to date
10.29%
1 year
12.00%
5 years
81.34%
10 years
496.18%
 

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: 23,854

0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 7 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

71% more call options, than puts

Call options by funds: $74.9M | Put options by funds: $43.7M

27% more first-time investments, than exits

New positions opened: 76 | Existing positions closed: 60

0% more funds holding in top 10

Funds holding in top 10: 19 [Q3] → 19 (+0) [Q4]

0.81% less ownership

Funds ownership: 85.19% [Q3] → 84.38% (-0.81%) [Q4]

5% less capital invested

Capital invested by funds: $39.3B [Q3] → $37.4B (-$1.94B) [Q4]

2% less funds holding

Funds holding: 715 [Q3] → 704 (-11) [Q4]

13% less repeat investments, than reductions

Existing positions increased: 238 | Existing positions reduced: 274

Research analyst outlook

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

Low target
$192
2%
upside
Avg. target
$208
11%
upside
High target
$219
17%
upside

7 analyst ratings

positive
86%
neutral
14%
negative
0%
Truist Securities
Tobey Sommer
31% 1-year accuracy
15 / 49 met price target
12%upside
$210
Buy
Reiterated
14 Feb 2025
Morgan Stanley
Toni Kaplan
44% 1-year accuracy
12 / 27 met price target
17%upside
$219
Overweight
Maintained
14 Feb 2025
Scotiabank
Konark Gupta
100% 1-year accuracy
5 / 5 met price target
2%upside
$192
Sector Perform
Maintained
27 Jan 2025
Jefferies
Stephanie Moore
76% 1-year accuracy
25 / 33 met price target
12%upside
$210
Buy
Maintained
23 Jan 2025
Oppenheimer
Noah Kaye
58% 1-year accuracy
33 / 57 met price target
4%upside
$195
Outperform
Maintained
13 Dec 2024

Financial journalist opinion

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

Neutral
Zacks Investment Research
3 days ago
Waste Connections Q4 Earnings Miss Estimates, Revenues Rise Y/Y
WCN's top line gains from improved segmental performances in the fourth quarter of 2024.
Waste Connections Q4 Earnings Miss Estimates, Revenues Rise Y/Y
Neutral
Zacks Investment Research
1 week ago
Waste Connections (WCN) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Waste Connections (WCN) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Waste Connections (WCN) Reports Q4 Earnings: What Key Metrics Have to Say
Neutral
Seeking Alpha
1 week ago
Waste Connections, Inc. (WCN) Q4 2024 Earnings Call Transcript
Waste Connections, Inc. (NYSE:WCN ) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Ron Mittelstaedt - President & Chief Executive Officer Mary Anne Whitney - Chief Financial Officer Conference Call Participants Tyler Brown - Raymond James Kevin Chiang - CIBC Toni Kaplan - Morgan Stanley Bryan Burgmeier - Citi Jerry Revich - Goldman Sachs Noah Kaye - Oppenheimer & Company Konark Gupta - Scotiabank Brian Butler - Stifel Tobey Sommer - Truist Operator Good morning, everyone, and welcome to the Waste Connections Inc. Q4 2024 Earnings Conference Call. All participants will be in a listen-only mode.
Waste Connections, Inc. (WCN) Q4 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 week ago
Waste Connections (WCN) Lags Q4 Earnings Estimates
Waste Connections (WCN) came out with quarterly earnings of $1.16 per share, missing the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $1.11 per share a year ago.
Waste Connections (WCN) Lags Q4 Earnings Estimates
Neutral
PRNewsWire
1 week ago
WASTE CONNECTIONS REPORTS FOURTH QUARTER 2024 RESULTS AND PROVIDES 2025 OUTLOOK
Fourth Quarter and Full Year 2024 Highlights Strong finish to the year led by solid execution and accelerating improvement in operating trends in the fourth quarter, providing momentum for 2025 Full year 2024 revenue of $8.920 billion, up 11.2% year over year Net income(a) of $617.6 million, adjusted net income(b) of $1.239 billion, and adjusted EBITDA(b) of $2.902 billion, up 15.0%, and 32.5% of revenue, up 100 basis points year over year Net cash provided by operating activities of $2.229 billion and adjusted free cash flow(b) of $1.218 billion Record year of private company acquisitions of approximately $750 million in annualized revenue Expectations for 2025 Revenue in the range of $9.45 billion to $9.60 billion Net income of $1.186 billion to $1.224 billion and adjusted EBITDA(b) margin expansion of up to 80 basis points, or 33.3% Net cash provided by operating activities in the range of $2.500 billion to $2.575 billion and adjusted free cash flow(b) of between $1.300 billion and $1.350 billion, or over $1.550 billion on a normalized basis Ongoing acquisition-related dialogue with strong pipeline, along with expectations for improving commodity-driven revenues, position for high end of range or above TORONTO , Feb. 12, 2025 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced its results for the fourth quarter of 2024 and outlook for 2025.    "Q4 provided a solid finish to a year of extraordinary accomplishments for Waste Connections both financially, with double-digit growth in both revenue and adjusted EBITDA (b) , and operationally, with accelerating improvements in employee engagement and retention, along with the integration of record levels of private company acquisition activity, which totaled approximately $750 million in annualized revenues in 2024," said Ronald J.
WASTE CONNECTIONS REPORTS FOURTH QUARTER 2024 RESULTS AND PROVIDES 2025 OUTLOOK
Neutral
PRNewsWire
1 week ago
WASTE CONNECTIONS ANNOUNCES REGULAR QUARTERLY CASH DIVIDEND
TORONTO , Feb. 12, 2025 /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 of $0.315 U.S. per common share of the Company. The regular quarterly cash dividend will be paid on March 13, 2025 to shareholders of record at the close of business on February 27, 2025.
WASTE CONNECTIONS ANNOUNCES REGULAR QUARTERLY CASH DIVIDEND
Positive
Zacks Investment Research
2 weeks ago
Waste Connections (WCN) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Beyond analysts' top -and-bottom-line estimates for Waste Connections (WCN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Waste Connections (WCN) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Neutral
Zacks Investment Research
2 weeks ago
Waste Connections (WCN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Waste Connections (WCN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Waste Connections (WCN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Positive
Seeking Alpha
1 month ago
Waste Connections: Hauling Trash And Stacking Cash
Waste Connections (WCN) is a leading waste management provider in the U.S. and Canada, with a market cap of $45B and a CAGR of 18.23% since 2016. The company has grown revenue at 12% annually over the past decade, with recent years showing a rebound in gross profit margins close to 42%. Given its consistent revenue growth, improving gross margins, and reliable business model, WCN is a strong consideration for dividend-focused investors.
Waste Connections: Hauling Trash And Stacking Cash
Neutral
PRNewsWire
1 month ago
WASTE CONNECTIONS ANNOUNCES DATES FOR FOURTH QUARTER 2024 EARNINGS RELEASE AND 2025 OUTLOOK
TORONTO , Jan. 10, 2025 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it will report financial results for the fourth quarter of 2024 and outlook for the full year 2025 after the close of the stock market on February 12, 2025.  The Company will be hosting an investor conference call related to this release on February 13 th at 8:30 A.M.
WASTE CONNECTIONS ANNOUNCES DATES FOR FOURTH QUARTER 2024 EARNINGS RELEASE AND 2025 OUTLOOK
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