Waste Connections (WCN) to Post Quarterly Earnings on Wednesday

Waste Connections (NYSE:WCN) is projected to issue its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company to post earnings of $1.35 per share and revenue of $2.4867 billion for the quarter. Individuals can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 23, 2026 at 8:30 AM ET.

Waste Connections (NYSE:WCN) last released its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.04. Waste Connections had a net margin of 10.97% and a return on equity of 16.49%. The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter in the prior year, the company earned $1.13 earnings per share. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. On average, analysts expect Waste Connections to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Waste Connections Stock Down 0.9%

Shares of WCN stock opened at $169.69 on Wednesday. The firm has a fifty day moving average of $158.65 and a 200-day moving average of $163.57. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 1.13. Waste Connections has a 12-month low of $146.89 and a 12-month high of $191.91. The company has a market capitalization of $43.05 billion, a price-to-earnings ratio of 41.39, a P/E/G ratio of 3.00 and a beta of 0.49.

Waste Connections Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 6th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Wednesday, May 6th. Waste Connections’s dividend payout ratio is 34.15%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on WCN shares. The Goldman Sachs Group restated a “buy” rating and issued a $211.00 price target on shares of Waste Connections in a report on Thursday, April 23rd. Barclays set a $180.00 price objective on Waste Connections and gave the stock an “equal weight” rating in a report on Tuesday, April 28th. JPMorgan Chase & Co. dropped their target price on Waste Connections from $210.00 to $195.00 and set an “overweight” rating on the stock in a research report on Monday. Royal Bank Of Canada restated an “outperform” rating and issued a $218.00 target price (up from $210.00) on shares of Waste Connections in a research note on Friday, April 24th. Finally, Citigroup upped their price target on Waste Connections from $180.00 to $182.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $202.00.

Insider Buying and Selling at Waste Connections

In other news, CEO Ronald J. Mittelstaedt purchased 50,000 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were purchased at an average cost of $152.24 per share, with a total value of $7,612,000.00. Following the completion of the transaction, the chief executive officer owned 301,017 shares of the company’s stock, valued at $45,826,828.08. The trade was a 19.92% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Eric Hansen sold 6,000 shares of Waste Connections stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $164.82, for a total transaction of $988,920.00. Following the completion of the transaction, the senior vice president directly owned 13,350 shares of the company’s stock, valued at approximately $2,200,347. This trade represents a 31.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 17,605 shares of company stock valued at $2,822,923 in the last 90 days. Company insiders own 0.27% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in WCN. UMB Bank n.a. boosted its stake in Waste Connections by 44.0% during the 4th quarter. UMB Bank n.a. now owns 929 shares of the business services provider’s stock valued at $163,000 after purchasing an additional 284 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in Waste Connections by 42.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,120 shares of the business services provider’s stock worth $200,000 after purchasing an additional 336 shares in the last quarter. Wilmington Savings Fund Society FSB raised its stake in shares of Waste Connections by 12.4% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 607 shares of the business services provider’s stock worth $106,000 after purchasing an additional 67 shares during the last quarter. Caerus Investment Advisors LLC purchased a new stake in shares of Waste Connections in the fourth quarter worth approximately $239,000. Finally, Keel Point LLC raised its stake in shares of Waste Connections by 14.0% in the fourth quarter. Keel Point LLC now owns 1,312 shares of the business services provider’s stock worth $230,000 after purchasing an additional 161 shares during the last quarter. 86.09% of the stock is currently owned by institutional investors.

Waste Connections Company Profile

Waste Connections (NYSE: WCN) is a North American integrated waste services company that provides a range of solid waste and environmental services to municipal, commercial, industrial and residential customers. The company offers collection, transportation, transfer, disposal and recycling services, and operates an extensive network of transfer stations and disposal facilities. Waste Connections positions itself as a provider of infrastructure-driven waste solutions across many regions of the United States and Canada.

The company’s operating activities include routine curbside and commercial collection, roll-off and container services, operation of landfills and transfer stations, and recycling and resource recovery programs.