Republic Services (NYSE:RSG) Releases Earnings Results, Beats Expectations By $0.04 EPS

Republic Services (NYSE:RSG) posted its earnings results on Friday. The business services provider reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.04, FiscalAI reports. Republic Services had a return on equity of 18.73% and a net margin of 12.94%.The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.36 billion. During the same period in the previous year, the business earned $1.77 earnings per share. Republic Services’s quarterly revenue was up 4.6% compared to the same quarter last year.

Republic Services Trading Up 2.3%

NYSE:RSG traded up $4.88 during trading hours on Friday, reaching $214.47. 1,922,824 shares of the company were exchanged, compared to its average volume of 1,366,040. The firm has a market cap of $65.98 billion, a price-to-earnings ratio of 30.38, a PEG ratio of 3.51 and a beta of 0.40. The stock has a 50 day simple moving average of $213.04 and a 200 day simple moving average of $214.95. Republic Services has a 52-week low of $196.41 and a 52-week high of $238.62. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.67 and a quick ratio of 0.67.

Republic Services Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, October 2nd will be paid a dividend of $0.67 per share. This is an increase from Republic Services’s previous quarterly dividend of $0.62. This represents a $2.68 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, October 2nd. Republic Services’s payout ratio is 35.87%.

Insiders Place Their Bets

In other Republic Services news, Director Sandra M. Volpe sold 1,800 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $211.28, for a total transaction of $380,304.00. Following the completion of the sale, the director directly owned 58 shares in the company, valued at $12,254.24. This represents a 96.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Cascade Investment, L.L.C. acquired 60,700 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was purchased at an average price of $213.31 per share, for a total transaction of $12,947,917.00. Following the completion of the acquisition, the insider owned 110,803,982 shares in the company, valued at approximately $23,635,597,400.42. This trade represents a 0.05% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have bought 987,150 shares of company stock valued at $202,366,682. Insiders own 0.12% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of RSG. Brighton Jones LLC lifted its stake in shares of Republic Services by 75.8% in the fourth quarter. Brighton Jones LLC now owns 19,822 shares of the business services provider’s stock worth $3,988,000 after acquiring an additional 8,547 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new stake in Republic Services during the 4th quarter valued at approximately $110,000. Transamerica Financial Advisors LLC grew its stake in Republic Services by 96.6% during the 4th quarter. Transamerica Financial Advisors LLC now owns 352 shares of the business services provider’s stock valued at $75,000 after purchasing an additional 173 shares in the last quarter. Quarry LP increased its holdings in Republic Services by 1,165.4% during the 4th quarter. Quarry LP now owns 658 shares of the business services provider’s stock worth $139,000 after purchasing an additional 606 shares during the last quarter. Finally, Acumen Wealth Advisors LLC acquired a new position in shares of Republic Services in the 4th quarter valued at approximately $191,000. 57.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

RSG has been the topic of several research reports. Barclays increased their price target on shares of Republic Services from $233.00 to $240.00 and gave the company an “equal weight” rating in a research report on Friday. Weiss Ratings reissued a “hold (c+)” rating on shares of Republic Services in a report on Friday, July 24th. Citigroup upped their price objective on Republic Services from $247.00 to $259.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Robert W. Baird cut their target price on shares of Republic Services from $242.00 to $240.00 and set a “neutral” rating for the company in a research note on Thursday, April 16th. Finally, UBS Group reduced their target price on shares of Republic Services from $240.00 to $223.00 and set a “neutral” rating on the stock in a report on Tuesday, May 12th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $244.63.

Republic Services News Summary

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

• Positive Sentiment: Quarterly earnings and revenue exceeded expectations. Adjusted EPS was $1.85, above the $1.81 consensus and up from $1.77 a year earlier. Revenue rose 4.6% year over year to $4.43 billion, surpassing estimates of $4.36 billion. Republic Services Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Republic raised its 2026 outlook. The company increased full-year revenue guidance to approximately $17.2 billion-$17.3 billion and projected adjusted EPS of $7.23-$7.28. It also raised EBITDA and cash-flow expectations, indicating continued operating momentum. Republic Services Raises Full-Year Guidance
• Positive Sentiment: The quarterly dividend increased approximately 7.2% to $0.67 per share. The payout boost reinforces the company’s shareholder-return appeal and confidence in its recurring cash flows. Republic Services Raises Dividend
• Positive Sentiment: Republic generated $2.38 billion in year-to-date operating cash flow, $1.58 billion in adjusted free cash flow and invested about $860 million in acquisitions during the first half of 2026. Republic Services Second-Quarter 2026 Results
• Neutral Sentiment: Barclays raised its price target from $233 to $240 but maintained an “equal weight” rating, signaling additional valuation upside while remaining cautious on the stock relative to peers. Barclays Price Target Update
• Negative Sentiment: Pricing gains came alongside volume pressure, and the new EPS range is slightly below the $7.29 analyst consensus, which could limit further upside if growth in underlying volumes remains weak.

About Republic Services

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.