Republic Services (NYSE:RSG) Announces Earnings Results, Beats Expectations By $0.21 EPS

Republic Services (NYSE:RSG) announced its earnings results on Thursday. The business services provider reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.21, RTT News reports. The firm had revenue of $4.05 billion for the quarter, compared to analyst estimates of $4.08 billion. Republic Services had a net margin of 12.46% and a return on equity of 18.18%. During the same quarter last year, the business earned $1.41 earnings per share. Republic Services updated its FY 2025 guidance to 6.820-6.900 EPS.

Republic Services Price Performance

Shares of NYSE:RSG traded up $6.49 during trading on Friday, reaching $230.98. The company had a trading volume of 1,506,661 shares, compared to its average volume of 945,565. The firm’s fifty day moving average is $210.94 and its 200 day moving average is $207.33. The firm has a market capitalization of $72.33 billion, a PE ratio of 36.96, a price-to-earnings-growth ratio of 3.24 and a beta of 0.74. Republic Services has a twelve month low of $177.03 and a twelve month high of $232.52. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.64 and a current ratio of 0.64.

Republic Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Wednesday, April 2nd will be paid a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Wednesday, April 2nd. Republic Services’s dividend payout ratio is currently 37.12%.

Insider Transactions at Republic Services

In related news, Director Katharine Weymouth sold 1,859 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $215.27, for a total value of $400,186.93. Following the sale, the director now directly owns 879 shares in the company, valued at $189,222.33. The trade was a 67.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Brian M. Delghiaccio sold 5,071 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $210.02, for a total transaction of $1,065,011.42. Following the completion of the sale, the chief financial officer now owns 6,318 shares in the company, valued at $1,326,906.36. The trade was a 44.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on RSG. BMO Capital Markets upgraded shares of Republic Services from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $211.00 to $238.00 in a report on Friday, December 6th. Royal Bank of Canada upgraded shares of Republic Services from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from $219.00 to $237.00 in a report on Monday, January 6th. Morgan Stanley lifted their price target on shares of Republic Services from $220.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday. Jefferies Financial Group lifted their price target on shares of Republic Services from $235.00 to $244.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Finally, Truist Financial reiterated a “buy” rating and issued a $250.00 price target (up previously from $244.00) on shares of Republic Services in a report on Friday. Six research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $225.38.

Republic Services Company Profile

Republic Services, Inc, together with its subsidiaries, offers environmental services in the United States and Canada. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions.