Republic Services (NYSE:RSG) Releases FY 2026 Earnings Guidance

Republic Services (NYSE:RSG) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 7.230-7.280 for the period, compared to the consensus earnings per share estimate of 7.290. The company issued revenue guidance of $17.2 billion-$17.3 billion, compared to the consensus revenue estimate of $17.2 billion.

Republic Services Stock Performance

Shares of RSG traded up $2.33 on Thursday, reaching $209.35. 1,437,580 shares of the stock traded hands, compared to its average volume of 1,559,450. The firm has a market cap of $64.41 billion, a price-to-earnings ratio of 30.04, a P/E/G ratio of 3.47 and a beta of 0.40. Republic Services has a 12 month low of $196.41 and a 12 month high of $238.62. The stock’s 50-day moving average price is $212.64 and its 200-day moving average price is $214.96. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.67 and a quick ratio of 0.67.

Republic Services (NYSE:RSG) last posted its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.85 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.04. The firm had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.36 billion. Republic Services had a net margin of 13.00% and a return on equity of 18.57%. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. Equities analysts forecast that Republic Services will post 7.29 EPS for the current fiscal year.

Republic Services Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Friday, October 2nd will be given a dividend of $0.67 per share. This is an increase from Republic Services’s previous quarterly dividend of $0.62. The ex-dividend date is Friday, October 2nd. This represents a $2.68 annualized dividend and a dividend yield of 1.3%. Republic Services’s dividend payout ratio (DPR) is presently 38.45%.

Analyst Ratings Changes

Several research firms recently issued reports on RSG. Citigroup increased their price target on shares of Republic Services from $247.00 to $259.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and set a $249.00 price objective on shares of Republic Services in a report on Friday, May 8th. Barclays increased their target price on Republic Services from $227.00 to $233.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. Argus downgraded Republic Services from a “buy” rating to a “hold” rating in a research report on Monday, May 11th. Finally, Royal Bank Of Canada boosted their price target on Republic Services from $265.00 to $267.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Eleven investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Republic Services currently has an average rating of “Moderate Buy” and a consensus target price of $243.89.

Insider Activity

In other news, Director Sandra M. Volpe sold 1,800 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $211.28, for a total value of $380,304.00. Following the transaction, the director directly owned 58 shares of the company’s stock, valued at $12,254.24. The trade was a 96.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Cascade Investment, L.L.C. purchased 60,700 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were acquired at an average price of $213.31 per share, for a total transaction of $12,947,917.00. Following the completion of the transaction, the insider owned 110,803,982 shares in the company, valued at $23,635,597,400.42. The trade was a 0.05% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 987,150 shares of company stock worth $202,366,682 over the last ninety days. Insiders own 0.12% of the company’s stock.

Institutional Trading of Republic Services

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Wealth Watch Advisors INC bought a new position in shares of Republic Services in the third quarter valued at about $26,000. Prosperity Bancshares Inc bought a new stake in Republic Services during the 4th quarter worth about $30,000. Advocate Investing Services LLC acquired a new stake in Republic Services in the 4th quarter valued at about $43,000. JPL Wealth Management LLC bought a new position in shares of Republic Services in the third quarter worth about $50,000. Finally, DV Equities LLC acquired a new position in shares of Republic Services during the fourth quarter worth approximately $59,000. 57.73% of the stock is currently owned by institutional investors and hedge funds.

Republic Services Company Profile

Republic Services, Inc is a leading provider of non-hazardous solid waste and recycling services in the United States. The company offers a broad range of waste management solutions to residential, commercial, industrial and municipal customers, positioning itself as a full-service partner for everyday waste collection as well as specialized disposal needs.

Republic’s core operations include curbside and commercial collection, transfer and hauling, materials recovery and recycling facilities, and landfill disposal.