Waste Connections(WCN) is having a Dividend Yield of 0.87% with the Annual cash Dividend per share of $0.77. The last quarter cash dividend per share pay out was $0.18. Waste Connections has a 5 year average dividend yield of 2.04% and the stock has a Indicated annual dividend of $0.72. Waste Connections(WCN) has the most recent dividend payout ratio of 0.22 with a 5-year average payout ratio of 0.45. The 5 year historical dividend growth of Waste Connections(WCN) is at the rate of -9.34% while the R-Squared dividend growth is 0.5. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Waste Connections, Inc. (NYSE:WCN) rose 0.18% or 0.15 points on Thursday and made its way into the gainers of the day. After trading began at $82.48 the stock was seen hitting $82.97 as a peak level and $81.71 as the lowest level. The stock ended up at $82.77. The daily volume was measured at 596,517 shares. The 52-week high of the share price is $82.97 and the 52-week low is $59.9201. The company has a market cap of $14,496 million. Shares of Waste Connections, Inc. rose by 3.28% in the last five trading days and 3.89% for the last 4 weeks. Waste Connections, Inc. is up 11.34% in the last 3-month period. Year-to-Date the stock performance stands at 5.32%.
Currently the company Insiders own 0.68% of Waste Connections, Inc. shares according to the proxy statements. Institutional Investors own 85.28% of Waste Connections, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -4.47%. Company has reported several Insider transactions to the SEC, on Feb 14, 2017, Patrick James Shea (Sr. VP, General Counsel & Sec) sold 1,964 shares at 80.22 per share price.On Feb 14, 2017, James Little (Sr. Vice President Engineering) sold 2,139 shares at 80.22 per share price.On Feb 14, 2017, David M Hall (Sr. Vice President) sold 1,748 shares at 80.22 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Dec 19, 2016 to Buy, Raises Price Target to $ 90 from a previous price target of $85 .Waste Connections was Upgraded by KeyBanc Capital Mkts to Overweight on Dec 9, 2016.
Waste Connections Last issued its quarterly earnings results on Oct 26, 2016. The company reported $0.72 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.71. The company had revenue of $1084.92 million for the quarter, compared to analysts expectations of $1074.97 million. The companys revenue was up 98.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 EPS.
Waste Connections, Inc. is an integrated solid waste services company. It provides waste collection, transfer, disposal and recycling services in exclusive and secondary markets. The company, through its subsidiary R360 Environmental Solutions, provide non-hazardous oilfield waste treatment, recovery and disposal services primarily in the United States. It also provides intermodal services for the movement of cargo and solid waste containers. Waste Connections, Inc., formerly known as Progressive Waste Solutions Ltd., is headquartered in The Woodlands, Texas.