Republic Services, Inc. (RSG) is benefiting from the expansion of its recycling volume and operational efficiency, which lowers fleet operating costs. This stock is highly attractive to investors who seek regular dividends. However, liquidity concerns weigh on the company and rising fuel costs are worrisome. RSGreported impressive second-quarter 2024 results. Earnings per share (excluding 1 cent from non-recurring items) of $1.6 beat the Zacks Consensus Estimate by 5.2% and increased 14.2% from the year-ago ...

Republic Services (RSG) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The p ...

PHOENIX, Sept. 23, 2024 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) will release its third quarter financial results after market close on Tuesday, Oct. 29, 2024, and host an investor conference call at 5 p.m. Eastern Time that day. A live audio webcast of the conference call can be accessed by visiting the company's Investor Relations website at investor.republicservices.com. Participants also can dial into the conference call at (844) 890-1789 or 1-412-717-9598 (International), passcode "Republic ...

Yevhen Smyk Nearly two years ago, in October 2022, I wrote a bullish article about a waste management firm by the name of Republic Services, Inc. (NYSE:RSG). With a market capitalization as of this writing of $64.78 billion, the company is a behemoth in its market. Large companies in mature industries are often viewed in a negative or neutral light. This is because the perception is that upside for them is probably limited relative to what the broader market could achieve. At that time, I acknowledged that ...

Company Overview - Republic Services Inc. (NYSE:RSG) is a leading company in garbage collection and waste disposal, outperforming the S&P 500 ETF (SPY) by 22.7% to 14.4% in 2024 and 36.7% to 21.3% over the past year [2] - The company is known for its consistent and predictable earnings, strong pricing power, and a strategy of serial acquisitions to expand its operations [2] Financial Performance - Revenue has shown significant growth, with an increase of over 11% from 2020 to 2021, nearly 20% from 2021 to 2022 (partly due to the acquisition of US Ecology), and another almost 11% increase in 2023 [3] - The company has achieved a compound annual growth rate of nearly 10% in revenue over the past five years, with FY24 revenue projected between $16.075 billion and $16.125 billion, reflecting a 7.5% increase from 2023 [3] Earnings Per Share (EPS) - Earnings per share have been on the rise since 2019, with a growth rate exceeding 13%, peaking at a 33% increase in 2021 [5] - Management projects FY24 EPS to be in the range of $6.10 to $6.15, indicating an increase of about 11.5% [7] Operating Margin - The operating margin has remained steady, fluctuating between 16.83% and just above 18.5% over the past five years, demonstrating the company's ability to control variable costs [9] Dividend Policy - Republic Services has paid dividends for over 20 years and is on track to achieve "Dividend Champion" status, currently yielding about 1.15% [11] - The company has maintained consistent dividend growth, with 3-, 5-, and 10-year growth rates all above 7%, and a reduction in payout ratio from nearly 50% in 2019 to about 35% recently [11] Free Cash Flow - Free cash flow has grown significantly, with a rate of about 14% since 2021, and management expects adjusted free cash flow for 2024 to be between $2.15 billion and $2.17 billion, a potential increase of about 9% [12] Valuation - Current valuation methods suggest that RSG is overvalued, with a price to earnings ratio fluctuating from a low near 25 to a high just above 34, and a current price approximately 15% above the estimated fair value based on EPS guidance [14][15]

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However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cuttingedge growth stocks. Arguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the compa ...

The RSG stock has gained 29.7% over the past year, outperforming the 22.9% rally of the industry it belongs to and 22.6% growth of the Zacks S&P 500 Composite. Republic Services, Inc. (RSG) reported an impressive second-quarter 2024 results, with earnings and revenues surpassing the Zacks Consensus Estimate. RSG's earnings per share (excluding 1 cent from non-recurring items) of $1.6 beat the Zacks Consensus Estimate by 5.2% and increased 14.2% from the year-ago quarter. Revenues of $4 billion beat the cons ...

"Game changer means the narrative has shifted," said NWRA President and CEO Michael E. Hoffman. "Republic Services Polymer Center's strategy has changed the circular economy narrative and demonstrated market-based circular solutions are viable." Media [email protected] (480) 757-9770 Republic Services' Polymer Center processes sorted and baled plastics from recycling facilities, further separating plastics by type and color to produce hot-washed recycled PET flake and color-sorted olefins. Republic also lau ...

Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange For the quarterly period ended June 30, 2024 REPUBLIC SERVICES, INC. (Exact name of registrant as specified in its charter) _________________________________________________________ Delaware 65-0716904 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) 18500 North Allied Way Phoenix, Arizona 85054 (Address of princ ...