GFL icon

GFL Environmental

45.95 USD
-0.06
0.13%
Updated Feb 7, 12:58 PM EST
1 day
-0.13%
5 days
8.14%
1 month
5.56%
3 months
0.99%
6 months
15.98%
Year to date
2.98%
1 year
28.89%
5 years
173.51%
10 years
173.51%
 

About: GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste. Its Environmental Services business line includes liquid waste and soil remediation. GFL's geographical segments are Canada and the United States. The company derives the majority of its revenue from the United States.

Employees: 20,000

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

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

533% more call options, than puts

Call options by funds: $22M | Put options by funds: $3.47M

65% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 26

36% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 77

33% more funds holding in top 10

Funds holding in top 10: 6 [Q2] → 8 (+2) [Q3]

5% more funds holding

Funds holding: 250 [Q2] → 262 (+12) [Q3]

4% more capital invested

Capital invested by funds: $10.1B [Q2] → $10.4B (+$361M) [Q3]

0.77% more ownership

Funds ownership: 73.5% [Q2] → 74.27% (+0.77%) [Q3]

Research analyst outlook

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

Low target
$50
9%
upside
Avg. target
$51
12%
upside
High target
$54
18%
upside

5 analyst ratings

positive
100%
neutral
0%
negative
0%
Scotiabank
Konark Gupta
80% 1-year accuracy
4 / 5 met price target
9%upside
$50
Sector Outperform
Maintained
27 Jan 2025
Citigroup
Bryan Burgmeier
100% 1-year accuracy
4 / 4 met price target
15%upside
$53
Buy
Initiated
27 Jan 2025
Raymond James
Patrick Tyler Brown
53% 1-year accuracy
20 / 38 met price target
9%upside
$50
Outperform
Maintained
8 Nov 2024
Truist Securities
Tobey Sommer
46% 1-year accuracy
22 / 48 met price target
18%upside
$54
Buy
Maintained
8 Nov 2024
UBS
Jon Windham
26% 1-year accuracy
5 / 19 met price target
9%upside
$50
Buy
Maintained
7 Nov 2024

Financial journalist opinion

Neutral
GlobeNewsWire
1 week ago
NBPE Announces December Monthly NAV Estimate
THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS
NBPE Announces December Monthly NAV Estimate
Neutral
PRNewsWire
2 weeks ago
GFL Environmental Inc. Sets Date for Full Year 2024 Earnings Release and Announces 2025 Investor Day
VAUGHAN, ON , Jan. 22, 2025 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that it will release its fourth quarter and full year 2024 financial results and 2025 guidance after the market closes on February 24, 2025 and will host an investor conference call related to this release on February 25, 2025 at 8:30 am Eastern Time. A live audio webcast of the conference call can be accessed by logging onto the Company's Investors page at investors.gflenv.com or by clicking here or listeners may access the call toll-free by dialing 1-833-950-0062 in Canada or 1-833-470-1428 in the United States (access code: 828450) approximately 15 minutes prior to the scheduled start time.
GFL Environmental Inc. Sets Date for Full Year 2024 Earnings Release and Announces 2025 Investor Day
Neutral
PRNewsWire
1 month ago
GFL Environmental Inc. Announces Agreement to Sell Environmental Services Business Valued at $8.0 Billion
$8.0 billion valuation significantly exceeds management's initial expectations Proceeds to be used to repay up to $3.75 billion of debt and for opportunistic share repurchases of up to $2.25 billion Transaction allows GFL to roll $1.7 billion of equity in a tax efficient structure allowing for significant future value accretion Pro forma Net Leverage 1 of 3.0x creates greater financial flexibility and accelerates path to investment grade Reduces annualized cash interest by approximately $200 million, significantly improving Adjusted Free Cash Flow 1  conversion Maintains synergies between Environmental Services and Solid Waste businesses VAUGHAN, ON , Jan. 7, 2025 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that it has entered into a definitive agreement (the "Transaction Agreement") with funds managed by affiliates of Apollo (NYSE:APO) (the "Apollo Funds") and BC Partners (the "BC Funds") for the sale of its Environmental Services business for an enterprise value of $8.0 billion (the "Transaction"). GFL will retain a $1.7 billion equity interest in the Environmental Services business and expects to realize cash proceeds from the Transaction of approximately $6.2 billion net of the retained equity and taxes.
GFL Environmental Inc. Announces Agreement to Sell Environmental Services Business Valued at $8.0 Billion
Neutral
PRNewsWire
1 month ago
GFL Environmental Inc. Announces Quarterly Dividend
VAUGHAN, ON , Jan. 02, 2025 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that the Board of Directors of the Company has declared a cash dividend of US$0.014 for each outstanding subordinate voting share and multiple voting share of the Company for the fourth quarter of 2024.   The cash dividend will be paid on January 31, 2025 to shareholders of record at the close of business on January 13, 2025.
GFL Environmental Inc. Announces Quarterly Dividend
Neutral
GlobeNewsWire
1 month ago
NBPE Announces November Monthly NAV
THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS
NBPE Announces November Monthly NAV
Neutral
GlobeNewsWire
2 months ago
NBPE Announces October Monthly NAV Estimate
26 November 2024 NB Private Equity Partners (NBPE), the $1.3bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 31 October 2024 monthly NAV estimate. NAV Highlights (31 October 2024) NAV per share was $27.31 (£21.24), a total return of (0.2%) in the month Year to date NAV TR of 0.7% 0.7% uplift from Q3 2024 private company valuations relative to Q2 2024, based on valuation information received to date (~72% of fair value); additional Q3 2024 valuations expected in the coming weeks $103 million invested in new and follow on investments year to date, including $30 million investment in Mariner Wealth Advisors which funded in November ZDPs fully repaid on 30 October 2024, further simplifying NBPE's capital structure $299 million of available liquidity at 31 October 20242 As of 31 October 2024 YTD 1 Year 3 years 5 years 10 years NAV TR (USD)* Annualised 0.7% 4.4% (0.9%) (0.3%) 70.2% 11.2% 172.2% 10.5% MSCI World TR (USD)* Annualised 16.9% 34.3% 22.1% 6.9% 80.7% 12.6% 168.0% 10.4% Share price TR (GBP)* Annualised (2.5%) 3.6% 4.3% 1.4% 73.0% 11.6% 234.3% 12.8% FTSE All-Share TR (GBP)* Annualised 8.1% 16.3% 19.7% 6.2% 31.9% 5.7% 81.9% 6.2% * All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown.
NBPE Announces October Monthly NAV Estimate
Positive
Seeking Alpha
2 months ago
GFL Environmental: EBITDA Growth Should Accelerate From Here
I recommend a buy rating for GFL Environmental due to expected accelerated EBITDA growth and positive valuation revisions as leverage decreases. The sale of the Environmental Services business is a positive catalyst, expected to provide CAD6 billion post-tax, aiding in debt reduction and share buybacks. Risks include potential headwinds from commodity cost fluctuations, but overall, GFL's EBITDA growth and deleveraging efforts should align its valuation with peers.
GFL Environmental: EBITDA Growth Should Accelerate From Here
Neutral
Seeking Alpha
2 months ago
GFL Environmental Inc. (GFL) Q3 2024 Earnings Call Transcript
GFL Environmental Inc. (NYSE:GFL ) Q3 2024 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Patrick Dovigi - Founder and CEO Luke Pelosi - Chief Financial Officer Conference Call Participants Saba Khan - RBC Capital Markets Patrick Brown - Raymond James Kevin Chiang - CIBC Jerry Revich - Goldman Sachs Devin Dodge - BMO Capital Market Konark Gupta - Scotiabank Bank James Schumm - TD Cowen Stephanie Yee - JPMorgan Brian Butler - Stifel Tobey Sommer - Truist Buddy Wiseman-Barker - National Bank of Canada Operator Good morning, and thank you all for attending the GFL Third Quarter 2024 Earnings Call. My name is Breeca, and I will be your moderator for today.
GFL Environmental Inc. (GFL) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
3 months ago
GFL Environmental Inc. (GFL) Tops Q3 Earnings Estimates
GFL Environmental Inc. (GFL) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.24 per share a year ago.
GFL Environmental Inc. (GFL) Tops Q3 Earnings Estimates
Neutral
PRNewsWire
3 months ago
GFL Environmental Reports Third Quarter 2024 Results
Adjusted EBITDA margin1 of 31.1%, highest in Company's history and an increase of 300 basis points over prior year Net Leverage1 of 4.05x , lowest in Company's history Environmental Services sale process remains on track with expected net proceeds of at least $6 billion Solid Waste price of 6.0% excluding the impact of divestitures ( 5.8% including the impact of divestitures), ahead of expectations Solid Waste volumed improved sequentially by 90 basis points, ahead of expectations  Adjusted EBITDA1 of $625.9 million, increase of 18.0%; Adjusted Net Income1 of $126.1 million; Net income of $110.6 million Adjusted Cash Flows from Operating Activities1 of $377.6 million; cash flows from operating activities of $347.1 million; Adjusted Free Cash Flow1 of $225.4 million Year-to-date completed acquisitions generating approximately $115 million in annualized revenue VAUGHAN, ON , Nov. 6, 2024 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL", "we" or "our") today announced its results for the third quarter of 2024. "Once again, the dedication of our over 20,000 employees delivered consistent high-quality results across all our financial metrics," said Patrick Dovigi, Founder and Chief Executive Officer of GFL.
GFL Environmental Reports Third Quarter 2024 Results
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