Republic Services (NYSE:RSG) Price Target Raised to $267.00

Republic Services (NYSE:RSG) had its price target upped by Royal Bank Of Canada from $265.00 to $267.00 in a report released on Friday morning,Benzinga reports. The firm currently has an outperform rating on the business services provider’s stock.

Several other research firms have also weighed in on RSG. Robert W. Baird lowered their price objective on Republic Services from $242.00 to $240.00 and set a “neutral” rating on the stock in a research note on Thursday, April 16th. Wolfe Research started coverage on Republic Services in a research report on Friday, March 13th. They set a “peer perform” rating on the stock. Citigroup increased their price target on Republic Services from $244.00 to $253.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. JPMorgan Chase & Co. increased their price target on Republic Services from $233.00 to $245.00 and gave the stock a “neutral” rating in a research report on Friday, April 10th. Finally, Barclays set a $227.00 price target on Republic Services in a research report on Monday, February 23rd. Eleven equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Republic Services has a consensus rating of “Moderate Buy” and a consensus price target of $246.00.

Republic Services Trading Down 0.1%

RSG stock opened at $199.82 on Friday. Republic Services has a 1-year low of $198.24 and a 1-year high of $258.75. The firm has a market cap of $61.74 billion, a P/E ratio of 28.67, a P/E/G ratio of 3.32 and a beta of 0.43. The business’s 50 day moving average is $217.64 and its 200-day moving average is $215.64. The company has a current ratio of 0.67, a quick ratio of 0.64 and a debt-to-equity ratio of 1.11.

Republic Services (NYSE:RSG) last released its quarterly earnings data on Thursday, May 7th. The business services provider reported $1.70 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.06. Republic Services had a return on equity of 18.57% and a net margin of 13.00%.The company had revenue of $4.11 billion for the quarter, compared to analyst estimates of $4.10 billion. During the same period in the prior year, the company posted $1.58 EPS. The company’s revenue was up 2.6% compared to the same quarter last year. Equities analysts anticipate that Republic Services will post 7.22 earnings per share for the current fiscal year.

Republic Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, July 2nd will be given a $0.625 dividend. This represents a $2.50 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Thursday, July 2nd. Republic Services’s dividend payout ratio (DPR) is presently 36.15%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of RSG. Norges Bank bought a new position in Republic Services in the 4th quarter valued at $617,165,000. Capital World Investors boosted its position in Republic Services by 27.7% in the 4th quarter. Capital World Investors now owns 8,765,623 shares of the business services provider’s stock valued at $1,857,698,000 after buying an additional 1,899,183 shares during the last quarter. Morgan Stanley boosted its position in Republic Services by 38.6% in the 4th quarter. Morgan Stanley now owns 5,348,501 shares of the business services provider’s stock valued at $1,133,509,000 after buying an additional 1,490,719 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in Republic Services by 68.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,256,190 shares of the business services provider’s stock valued at $497,828,000 after buying an additional 913,249 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in Republic Services by 18.9% in the 4th quarter. Wellington Management Group LLP now owns 5,070,130 shares of the business services provider’s stock valued at $1,074,513,000 after buying an additional 807,525 shares during the last quarter. 57.73% of the stock is currently owned by institutional investors.

Key Republic Services News

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

• Positive Sentiment: Royal Bank of Canada raised its price target on Republic Services (RSG) from $265 to $267 and reiterated an outperform rating, implying meaningful upside from current levels. Benzinga
• Positive Sentiment: RSG reported first-quarter EPS of $1.70, beating the consensus estimate of $1.64, while revenue of $4.11 billion also slightly topped expectations. Republic Services Q1 2026 Results
• Positive Sentiment: Management highlighted pricing discipline and cost controls, which helped lift the adjusted EBITDA margin to 32.1% and expanded net income and adjusted free cash flow. Zacks Q1 Earnings Beat

Republic Services Company Profile

Republic Services, Inc is a leading provider of non-hazardous solid waste and recycling services in the United States. The company offers a broad range of waste management solutions to residential, commercial, industrial and municipal customers, positioning itself as a full-service partner for everyday waste collection as well as specialized disposal needs.

Republic’s core operations include curbside and commercial collection, transfer and hauling, materials recovery and recycling facilities, and landfill disposal.