Waste Connections (NYSE:WCN) Releases Quarterly Earnings Results, Misses Estimates By $0.13 EPS

22 Apr 2026, 18:08 by Jessica Moore · The Cerbat Gem

Waste Connections (NYSE:WCN – Get Free Report) posted its quarterly earnings results on Wednesday. The business services provider reported $1.23 EPS for the quarter, missing the consensus estimate of $1.36 by ($0.13), Zacks reports. Waste Connections had a net margin of 11.37% and a return on equity of 16.25%.

Waste Connections Stock Performance

NYSE:WCN traded down $1.38 during mid-day trading on Wednesday, hitting $156.55. The stock had a trading volume of 2,204,469 shares, compared to its average volume of 1,625,711. The stock has a market capitalization of $39.96 billion, a price-to-earnings ratio of 37.54, a P/E/G ratio of 2.83 and a beta of 0.61. The company has a 50 day simple moving average of $164.12 and a 200-day simple moving average of $168.98. Waste Connections has a 52 week low of $154.90 and a 52 week high of $199.78. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 1.07.

Waste Connections Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Wednesday, February 25th were given a $0.35 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $1.40 annualized dividend and a yield of 0.9%. Waste Connections’s dividend payout ratio (DPR) is currently 33.57%.

Analysts Set New Price Targets

Several research firms have recently commented on WCN. BNP Paribas Exane began coverage on shares of Waste Connections in a report on Tuesday, January 6th. They issued an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft set a $212.00 price target on shares of Waste Connections in a report on Friday, February 13th. Morgan Stanley set a $205.00 price target on shares of Waste Connections and gave the company an “overweight” rating in a report on Friday, February 13th. Barclays set a $176.00 price target on shares of Waste Connections and gave the company an “equal weight” rating in a report on Friday, February 13th. Finally, Stifel Nicolaus set a $213.00 price objective on shares of Waste Connections and gave the company a “buy” rating in a research report on Friday, February 13th. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Waste Connections has an average rating of “Buy” and a consensus price target of $202.81.

Read Our Latest Stock Analysis on Waste Connections

Institutional Trading of Waste Connections

Several hedge funds have recently bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Waste Connections during the 3rd quarter worth about $26,000. Transamerica Financial Advisors LLC raised its position in shares of Waste Connections by 346.2% during the 4th quarter. Transamerica Financial Advisors LLC now owns 174 shares of the business services provider’s stock worth $31,000 after buying an additional 135 shares in the last quarter. Birchwood Financial Partners Inc. bought a new stake in shares of Waste Connections during the 4th quarter worth about $39,000. Larson Financial Group LLC raised its position in shares of Waste Connections by 89.5% during the 3rd quarter. Larson Financial Group LLC now owns 360 shares of the business services provider’s stock worth $63,000 after buying an additional 170 shares in the last quarter. Finally, J.Safra Asset Management Corp bought a new stake in shares of Waste Connections during the 4th quarter worth about $70,000. 86.09% of the stock is currently owned by institutional investors.

About Waste Connections

(Get Free Report)

Waste Connections (NYSE: WCN) is a North American integrated waste services company that provides a range of solid waste and environmental services to municipal, commercial, industrial and residential customers. The company offers collection, transportation, transfer, disposal and recycling services, and operates an extensive network of transfer stations and disposal facilities. Waste Connections positions itself as a provider of infrastructure-driven waste solutions across many regions of the United States and Canada.