Republic Services (NYSE:RSG) Price Target Raised to $265.00

Republic Services (NYSE:RSG) had its price target upped by JPMorgan Chase & Co. from $245.00 to $265.00 in a research note released on Friday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the business services provider’s stock.

RSG has been the topic of several other research reports. Robert W. Baird lifted their price objective on Republic Services from $242.00 to $245.00 and gave the stock a “neutral” rating in a report on Thursday, October 22nd. Raymond James Financial set a $235.00 target price on Republic Services in a research report on Friday, October 9th. BMO Capital Markets set a $244.00 price target on Republic Services in a research note on Thursday, October 15th. Canadian Imperial Bank of Commerce decreased their price target on shares of Republic Services from $249.00 to $240.00 and set an “outperform” rating on the stock in a research note on Thursday, October 8th. Finally, Morgan Stanley lowered their price objective on shares of Republic Services from $232.00 to $219.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 13th. Twelve equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, Republic Services currently has a consensus rating of “Moderate Buy” and a consensus target price of $245.25.

Republic Services Stock Down 0.0%

Shares of RSG opened at $243.92 on Friday. Republic Services has a 12 month low of $196.41 and a 12 month high of $249.37. The company has a 50-day moving average price of $222.47 and a two-hundred day moving average price of $216.81. The stock has a market cap of $74.69 billion, a price-to-earnings ratio of 33.74, a P/E/G ratio of 3.92 and a beta of 0.32. The company has a quick ratio of 0.64, a current ratio of 0.75 and a debt-to-equity ratio of 1.14.

Republic Services (NYSE:RSG) last issued its earnings results on Thursday, October 29th. The business services provider reported $1.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.93 by $0.01. The company had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.42 billion. Republic Services had a net margin of 12.93% and a return on equity of 18.56%. Republic Services’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.90 EPS. Equities analysts predict that Republic Services will post 7.26 EPS for the current fiscal year.

Republic Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Monday, January 4th will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Monday, January 4th. Republic Services’s dividend payout ratio is currently 37.07%.

Insider Transactions at Republic Services

In other news, major shareholder Cascade Investment, L.L.C. acquired 409,500 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was bought at an average cost of $221.49 per share, with a total value of $90,700,155.00. Following the transaction, the insider directly owned 116,166,330 shares in the company, valued at approximately $25,729,680,431.70. This represents a 0.35% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have bought 6,254,462 shares of company stock valued at $1,380,321,958. 0.12% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Republic Services

Large investors have recently made changes to their positions in the business. Chicago Partners Investment Group LLC raised its stake in shares of Republic Services by 110.6% during the third quarter. Chicago Partners Investment Group LLC now owns 5,513 shares of the business services provider’s stock worth $1,326,000 after buying an additional 2,895 shares during the last quarter. Ascent Group LLC raised its holdings in Republic Services by 17.6% in the 3rd quarter. Ascent Group LLC now owns 12,032 shares of the business services provider’s stock valued at $2,525,000 after acquiring an additional 1,800 shares in the last quarter. Rakuten Investment Management Inc. lifted its stake in Republic Services by 8.2% in the 3rd quarter. Rakuten Investment Management Inc. now owns 35,436 shares of the business services provider’s stock valued at $7,510,000 after purchasing an additional 2,679 shares during the last quarter. Provenance Wealth Advisors LLC increased its holdings in Republic Services by 17,700.0% in the third quarter. Provenance Wealth Advisors LLC now owns 534 shares of the business services provider’s stock valued at $112,000 after purchasing an additional 531 shares during the period. Finally, Integrity Alliance LLC. grew its position in shares of Republic Services by 7.4% during the 3rd quarter. Integrity Alliance LLC. now owns 1,050 shares of the business services provider’s stock worth $220,000 after buying an additional 72 shares during the period. 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: Adjusted EPS was $1.94 versus the $1.93 consensus, while revenue climbed 8.2% year over year to $4.559 billion, ahead of the roughly $4.42 billion estimate. Net income rose to $592 million, or $1.93 per diluted share, from $550 million a year earlier. Pricing strength and growth in Environmental Solutions supported the performance. Republic Services Reports Third Quarter 2026 Results
• Positive Sentiment: Full-year outlook was raised: Republic Services increased its 2026 revenue guidance to approximately $17.425 billion–$17.475 billion, above the prior outlook and analyst expectations. The company also raised adjusted EBITDA and adjusted free-cash-flow expectations, signaling continued confidence in operating trends and cash generation. Republic Services 2026 Revenue Outlook
• Positive Sentiment: Large buyback adds a shareholder-return catalyst: The board authorized $5 billion in share repurchases running from January 2027 through December 2029. The authorization could support per-share earnings and provide additional demand for the stock. Republic Services Announces Share Buyback
• Positive Sentiment: Analyst support improved: Royal Bank of Canada raised its price target from $272 to $277 and maintained an “outperform” rating, implying further upside based on the reported share price. RBC Raises Republic Services Price Target
• Neutral Sentiment: Republic Services declared a quarterly dividend of $0.67 per share, maintaining an annualized payout of $2.68.
• Neutral Sentiment: The stock’s valuation remains a consideration, with a reported price-to-earnings ratio above 34 and analyst targets ranging widely, indicating that much of the strong outlook may already be reflected in the shares.

Republic Services Company Profile

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.