Republic Services (NYSE:RSG) Given New $277.00 Price Target at Royal Bank Of Canada

Republic Services (NYSE:RSG) had its price objective lifted by equities researchers at Royal Bank Of Canada from $272.00 to $277.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has an “outperform” rating on the business services provider’s stock. Royal Bank Of Canada‘s price target would indicate a potential upside of 13.13% from the stock’s previous close.

Other research analysts have also issued reports about the stock. Oppenheimer reiterated an “outperform” rating on shares of Republic Services in a report on Friday. Weiss Ratings raised Republic Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. Wolfe Research initiated coverage on Republic Services in a research report on Tuesday, September 15th. They set a “peer perform” rating for the company. Raymond James Financial set a $235.00 target price on shares of Republic Services in a research report on Friday, October 9th. Finally, Citigroup lifted their price target on shares of Republic Services from $247.00 to $259.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Republic Services has a consensus rating of “Moderate Buy” and an average price target of $244.18.

Republic Services Trading Up 3.6%

Shares of NYSE:RSG traded up $8.56 during trading on Friday, reaching $244.84. The stock had a trading volume of 695,092 shares, compared to its average volume of 1,521,605. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.12. The stock has a market cap of $74.97 billion, a P/E ratio of 34.59, a PEG ratio of 3.75 and a beta of 0.39. The business has a fifty day moving average price of $221.99 and a 200-day moving average price of $216.64. Republic Services has a fifty-two week low of $196.41 and a fifty-two week high of $249.37.

Republic Services (NYSE:RSG) last released its earnings results on Friday, October 30th. The business services provider reported $1.94 EPS for the quarter, topping the consensus estimate of $1.93 by $0.01. Republic Services had a net margin of 12.94% and a return on equity of 18.69%. The firm had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.42 billion. During the same period in the previous year, the company earned $1.90 EPS. Republic Services’s revenue for the quarter was up 8.2% on a year-over-year basis. As a group, analysts anticipate that Republic Services will post 7.26 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, major shareholder Cascade Investment, L.L.C. purchased 324,810 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The shares were purchased at an average price of $222.89 per share, with a total value of $72,396,900.90. Following the purchase, the insider directly owned 117,058,444 shares of the company’s stock, valued at approximately $26,091,156,583.16. This represents a 0.28% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders have acquired 6,254,462 shares of company stock worth $1,380,321,958. 0.12% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Korea Investment CORP acquired a new position in Republic Services in the 2nd quarter valued at approximately $20,602,000. Equitable Holdings Inc. purchased a new position in Republic Services in the second quarter valued at about $1,381,000. Bridgewater Advisors Inc. purchased a new stake in shares of Republic Services during the 2nd quarter worth about $535,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Republic Services during the 2nd quarter valued at about $16,335,000. Finally, Rakuten Investment Management Inc. bought a new stake in shares of Republic Services in the 2nd quarter valued at approximately $7,032,000. Institutional investors and hedge funds own 57.73% of the company’s stock.

Key Headlines Impacting Republic Services

Here are the key news stories impacting Republic Services this week:

• Positive Sentiment: Q3 results exceeded expectations: Republic Services reported $4.56 billion in revenue, up 8.2% year over year and above the roughly $4.42 billion consensus estimate. Adjusted EPS was $1.94, ahead of estimates near $1.92-$1.93 and up from $1.90 a year earlier. Republic Services Reports Third Quarter 2026 Results
• Positive Sentiment: Full-year outlook is above consensus: Management now expects 2026 revenue of approximately $17.425 billion to $17.475 billion, compared with a FactSet estimate of about $17.33 billion. Executives cited continued momentum in environmental solutions and operational improvements. Republic Services 2026 Revenue Outlook
• Positive Sentiment: $5 billion buyback authorized: The board approved a new authorization for share repurchases, potentially supporting per-share earnings and signaling management’s confidence in the company’s cash-generation capacity. Republic also generated $3.52 billion in year-to-date operating cash flow and $2.28 billion in adjusted free cash flow. Republic Services Announces $5 Billion Buyback
• Positive Sentiment: Capital returns remain steady: Republic declared a quarterly dividend of $0.67 per share, or $2.68 annually, representing a yield of approximately 1.1%. The company has also invested about $1.1 billion in acquisitions year to date. Republic Services Dividend Announcement
• Neutral Sentiment: Valuation may limit further upside: Commentary noted that RSG’s shares appear near fair value after reaching levels close to the 52-week high. Its elevated earnings multiple makes continued execution and guidance delivery important for additional gains. Republic Services Valuation Commentary
• Negative Sentiment: Labor relations bear monitoring: Workers at Republic’s Salinas operation voted to join Teamsters Local 350. The immediate financial impact is unclear, but unionization could introduce future labor-cost or negotiation risks. Republic Services Salinas Workers Join Teamsters

About Republic Services

Republic Services, Inc is an environmental services company that provides waste collection, recycling and disposal solutions for residential, commercial, industrial and municipal customers. Its services include curbside collection, dumpster and roll-off container services, transfer station operations, landfill management and recycling processing.

The company also provides specialized environmental services, including hazardous waste management, emergency response, remediation and other sustainability-related solutions for businesses and government organizations.