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Why Waste Connections stock is up today. Shareholders also have larger dividends headed their way. Start Investing Published October 22, 4:13 pm EDT Key Points * Acquisitions are helping to drive Waste Connections' profits higher. * The disposal services provider is passing much of this cash on to its stock owners. Shares of Waste Connections (TSX: WCN) surged almost 10% Thursday after the garbage hauler boosted its cash payouts to investors. Turning trash into cash. Waste Connections' third-quarter revenue rose 7% year over year to US$2.6 billion. The trash collector employs a growth-through-acquisition business model, enabling it to steadily expand its waste services network. The acquisitions it completed so far this year are projected to add roughly US$130 million in annualized revenue. Additionally, Waste Connections' focus on exclusive and secondary markets gives it strong pricing power, allowing it to increase its fees above the rate of inflation. These price hikes have helped to offset rising fuel costs as diesel prices have spiked. All told, Waste Connections' adjusted net income increased 7% to US$399 million. Its earnings per share, boosted by stock buybacks, climbed 10% to US$1.58. That topped Wall Street's estimates, which had called for per-share profits of US$1.52. Invest in Stocks Rising profits mean larger dividends for shareowners. These solid results prompted Waste Connections to lift its full-year financial forecast. Management now expects revenue of US$10.1 billion, net income of US$1.2 billion, and adjusted free cash flow of more than US$1.4 billion. The landfill operator also raised its quarterly dividend by 10% to US$0.385 per share. "The strength of our operating performance, free cash flow generation, and balance sheet positioned us for another double-digit annual increase in our quarterly cash dividend, our sixteenth in a row," CEO Ronald Mittelstaedt said.

Waste Connections shares up following 3Q earnings beat, rosier 2026 guidance. Published on 10/22/2026 at 12:53 pm EDT By Adriano Marchese Waste Connections shares jumped after the company raised its full-year outlook again on the back of better-than-expected third-quarter earnings, driven by a rebound in landfill activity and stronger pricing power. Shares traded 8.7% higher in Toronto at 256.81 Canadian dollars ($182.83). The company is leveraging resilient pricing and growth in construction waste to offset broader macroeconomic uncertainty and late-quarter diesel price surges. Waste Connections reported late Thursday that landfill volume growth turned positive across all three of its primary waste types for the first time in two years. The improving trends led the company to increase its 2026 outlook for the second time this year. Waste Connections now expects revenue of $10.09 billion, with net income in the range of $1.18 billion. Previously, revenue was seen at $10.02 billion to $10.05 billion, and net income in the range of $1.169 billion to $1.173 billion. For the third quarter revenue grew to $2.64 billion from $2.46 billion a year earlier, ahead of analyst expectations of $2.61 billion, according to FactSet. The company also benefited from an influx of infrastructure project waste, which helped lift earnings before interest, taxes, depreciation and amortization to $895.8 million, up from $830.3 million year ago. Chief Executive Ron Mittelstaedt said on a call with analysts that the higher volumes were led by a 7% jump in special waste and a 5% rise in construction and demolition debris, fueled by large-scale infrastructure projects such as highways, data centers, and chip plants. Net income rose to $359.2 million, or $1.43 a share, up from $286.3 million, or $1.11 a share in the same period a year ago. Adjusted net income came to $1.58 a share, topping analyst forecasts of $1.53 a share. Write to Adriano Marchese at [email protected] (END) Dow Jones Newswires 10-22-26 1251ET (C) Dow Jones - 2026

Waste Connections, Inc. (NYSE:WCN) plans dividend increase - $0.39 per share. October 22, 2026 Key points. * Waste Connections plans to raise its quarterly dividend by 10% to $0.385 per share, or $1.54 annualized, representing a 0.8% yield. The company has increased its dividend for eight consecutive years, with a payout ratio of 23.6%. * Shares rose 9.0% to $183.45, near the company's 52-week high, giving Waste Connections a market capitalization of approximately $46.04 billion. * The company reported quarterly EPS of $1.58, exceeding analyst expectations of $1.52, while revenue reached $2.64 billion and increased 23.8% year over year. * Want to know the moment analysts change their view on Waste Connections? Get MarketBeat All Access for $149 a year and keep that rate for life. Waste Connections, Inc. (NYSE:WCN - Get Free Report) announced a quarterly dividend on Wednesday, October 21st. Shareholders of record on Thursday, November 5th will be paid a dividend of $0.3850 per share by the business services provider on Thursday, November 19th. This represents a $1.54 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, November 5th. This is a 10.0% increase from Waste Connections's previous quarterly dividend of $0.35. Waste Connections has raised its dividend payment by an average of 0.1% per year over the last three years and has increased its dividend annually for the last 8 consecutive years. Waste Connections has a dividend payout ratio of 23.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Waste Connections to earn $6.22 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 22.5%. Waste Connections trading up 9.0%. Shares of NYSE:WCN traded up $15.17 during mid-day trading on Thursday, hitting $183.45. The company had a trading volume of 2,049,303 shares, compared to its average volume of 1,561,714. The firm has a fifty day moving average price of $160.94 and a 200 day moving average price of $161.42. Waste Connections has a one year low of $146.89 and a one year high of $183.56. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.66 and a quick ratio of 0.66. The company has a market capitalization of $46.04 billion, a PE ratio of 44.18, a price-to-earnings-growth ratio of 2.97 and a beta of 0.49. Waste Connections (NYSE:WCN - Get Free Report) last announced its quarterly earnings results on Wednesday, October 21st. The business services provider reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.06. The business had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.60 billion. Waste Connections had a return on equity of 17.31% and a net margin of 10.86%. The company's revenue was up 23.8% on a year-over-year basis. As a group, research analysts forecast that Waste Connections will post 5.65 EPS for the current year. Waste Connections company profile. Waste Connections, Inc is a North American provider of solid waste collection, transfer, disposal and recycling services. The company serves residential, commercial, industrial and construction customers, offering scheduled and on-demand collection as well as waste management solutions tailored to municipalities and businesses. Its operations include local collection fleets, transfer stations, recycling and resource-recovery facilities, and landfills. Waste Connections also provides non-hazardous oilfield waste services, including the collection, transportation, treatment and disposal of waste generated by energy-production activities. Founded in 1997, Waste Connections has grown through a combination of internal development and acquisitions. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Waste Connections, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Waste Connections wasn't on the list. While Waste Connections currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. The space race is growing fast, and you don't have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important. Continue following MarketBeat