GFL Environmental Inc. (TSE:GFL) Senior Officer Jonathan Lucas (Luke) Pelosi Sells 62,872 Shares

GFL Environmental Inc. (TSE:GFL) Senior Officer Jonathan Lucas (Luke) Pelosi sold 62,872 shares of the company’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of C$44.92, for a total transaction of C$2,824,210.24.

GFL Environmental Trading Down 2.3 %

TSE GFL traded down C$1.07 during trading hours on Wednesday, hitting C$44.84. 207,266 shares of the company were exchanged, compared to its average volume of 228,883. GFL Environmental Inc. has a 52 week low of C$36.56 and a 52 week high of C$51.83. The company has a quick ratio of 0.57, a current ratio of 0.84 and a debt-to-equity ratio of 130.18. The stock has a 50-day moving average price of C$46.39 and a 200 day moving average price of C$44.39. The stock has a market cap of C$16.35 billion, a PE ratio of -344.92, a price-to-earnings-growth ratio of -0.76 and a beta of 1.18.

GFL Environmental (TSE:GFL) last released its earnings results on Tuesday, February 20th. The company reported C$0.05 earnings per share for the quarter, missing the consensus estimate of C$0.24 by C($0.19). GFL Environmental had a net margin of 1.22% and a return on equity of 1.02%. The company had revenue of C$1.88 billion for the quarter, compared to the consensus estimate of C$1.85 billion. Analysts forecast that GFL Environmental Inc. will post 1.2105832 earnings per share for the current fiscal year.

GFL Environmental Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th were given a dividend of $0.019 per share. This is a boost from GFL Environmental’s previous quarterly dividend of $0.02. The ex-dividend date was Friday, April 12th. This represents a $0.08 dividend on an annualized basis and a yield of 0.17%.

About GFL Environmental

GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.