Waste Connections
About: Waste Connections is the third-largest integrated provider of traditional solid waste and recycling services in the North America, operating 113 active landfills (20 are exploration and production waste landfills and 16 are nonmunicipal waste landfills), 163 transfer stations, and 89 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 2024, 14% of consolidated revenue was generated from the firm's Canadian segment.
Employees: 23,854
0
Funds holding %
of 7,431 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
154% more call options, than puts
Call options by funds: $36M | Put options by funds: $14.2M
66% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 56
29% more repeat investments, than reductions
Existing positions increased: 298 | Existing positions reduced: 231
3% more funds holding
Funds holding: 728 [Q1] → 747 (+19) [Q2]
0.55% more ownership
Funds ownership: 83.88% [Q1] → 84.43% (+0.55%) [Q2]
4% less capital invested
Capital invested by funds: $42.4B [Q1] → $40.8B (-$1.6B) [Q2]
29% less funds holding in top 10
Funds holding in top 10: 24 [Q1] → 17 (-7) [Q2]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$204
12%
upside
Avg. target
$213
17%
upside
High target
$219
20%
upside
7 analyst ratings
5 positive
71%
2 neutral
29%
0 negative
0%
Citigroup Bryan Burgmeier | 12%upside $204 | Neutral Maintained | 28 Jul 2025 |
CIBC Kevin Chiang | 18%upside $215 | Outperformer Maintained | 25 Jul 2025 |
Scotiabank Konark Gupta | 14%upside $208 | Sector Perform Maintained | 25 Jul 2025 |
RBC Capital Sabahat Khan | 20%upside $219 | Outperform Maintained | 25 Jul 2025 |
Raymond James Patrick Tyler Brown | 16%upside $211 | Strong Buy Maintained | 22 Jul 2025 |
Financial journalist opinion
Based on 3 articles about WCN published over the past 30 days
Negative
Zacks Investment Research
4 days ago
Why Is Waste Connections (WCN) Down 0.9% Since Last Earnings Report?
Waste Connections (WCN) reported earnings 30 days ago. What's next for the stock?
Neutral
PRNewsWire
2 weeks ago
WASTE CONNECTIONS RENEWS NORMAL COURSE ISSUER BID FOR SHARE REPURCHASES
TORONTO , Aug. 8, 2025 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it has received approval from the Toronto Stock Exchange (the "TSX") for the annual renewal of its normal course issuer bid (the "NCIB"). The renewal will follow on the conclusion of the Company's current NCIB expiring August 11, 2025 (the "2024 NCIB").
Positive
Zacks Investment Research
4 weeks ago
Waste Connections Q2 Earnings & Revenues Surpass Estimates
WCN beats second-quarter 2025 estimates with 7.1% revenue growth and higher EPS, but trims yearly revenue forecast below the consensus estimate.
Neutral
Seeking Alpha
1 month ago
Waste Connections, Inc. (WCN) Q2 2025 Earnings Call Transcript
Waste Connections, Inc. (NYSE:WCN ) Q2 2025 Earnings Conference Call July 24, 2025 8:30 AM ET Company Participants Mary Anne Whitney - Executive VP & CFO Ronald J. Mittelstaedt - Founder, CEO, President & Director Conference Call Participants Adam Samuel Bubes - Goldman Sachs Group, Inc., Research Division Bryan Nicholas Burgmeier - Citigroup Inc., Research Division Christopher Allan Murray - ATB Capital Markets Inc., Research Division James Joseph Schumm - TD Cowen, Research Division John Trevor Romeo - William Blair & Company L.L.C.
Neutral
The Motley Fool
1 month ago
Earnings Summary on Waste Connections
Earnings Summary on Waste Connections
Neutral
Zacks Investment Research
1 month ago
Waste Connections (WCN) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Waste Connections (WCN) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
1 month ago
Waste Connections (WCN) Q2 Earnings and Revenues Surpass Estimates
Waste Connections (WCN) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.24 per share a year ago.
Neutral
PRNewsWire
1 month ago
WASTE CONNECTIONS REPORTS SECOND QUARTER 2025 RESULTS AND UPDATES FULL YEAR OUTLOOK
Continued improvement in employee retention and record safety performance complement 6.6% solid waste core pricing to drive better than expected results Revenue of $2.407 billion, above expectations and up 7.1% Net income(a) of $290.3 million, or $1.12 per share, adjusted net income attributable to Waste Connections(b) of $333.1 million, or $1.29 per share Adjusted EBITDA(b) of $786.4 million, above expectations and up 7.5% Adjusted EBITDA(b) margin of 32.7% of revenue Maintains full year 2025 outlook of $9.45 billion in revenue, $3.12 billion in adjusted EBITDA(b) and $1.30 billion in adjusted free cash flow(b) TORONTO , July 23, 2025 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced its results for the second quarter of 2025 and updated its outlook for the full year. "Continued improvement in employee retention and record low safety rates, along with solid waste core pricing growth of 6.6%, drove underlying solid waste margin expansion of approximately 70 basis points in the period," said Ronald J.
Neutral
PRNewsWire
1 month ago
WASTE CONNECTIONS ANNOUNCES REGULAR QUARTERLY CASH DIVIDEND
TORONTO , July 23, 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 August 21, 2025 to shareholders of record at the close of business on August 6, 2025.
Positive
Zacks Investment Research
1 month ago
Countdown to Waste Connections (WCN) Q2 Earnings: Wall Street Forecasts for Key Metrics
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 June 2025.
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