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12 stories mentioning WCN

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Wire

UBS Adjusts Price Target on Waste Connections to $170 From $185, Maintains Neutral Rating

Waste Connections (WCN) has an average rating of buy and mean price target of $201.54, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $155.42, Change: $-0.70, Percent Change: -0.45%

$WCN
Insider Trading

Waste Connections Insider Sold Shares Worth $1,171,915, According to a Recent SEC Filing

Patrick James Shea, Executive Vice President, General Counsel & Secretary, on June 05, 2026, sold 7,500 shares in Waste Connections (WCN) for $1,171,915. Following the Form 4 filing with the SEC, Shea has control over a total of 20,057 common shares of the company, with 19,737 shares held directly and 320 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1318220/000142822726000004/xslF345X05/primarydocument.xml

$WCN
Insider Trading

Waste Connections Insider Bought Shares Worth $7,611,750, According to a Recent SEC Filing

Ronald J Mittelstaedt, Director, President and Chief Executive Officer, on May 12, 2026, executed a purchase for 50,000 shares in Waste Connections (WCN) for $7,611,750. Following the Form 4 filing with the SEC, Mittelstaedt has control over a total of 301,017 common shares of the company, with 301,017 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1318220/000106429926000005/xslF345X05/primarydocument.xmlPrice: $151.67, Change: $+0.42, Percent Change: +0.28%

$WCN
Insider Trading

Waste Connections Insider Sold Shares Worth $427,168, According to a Recent SEC Filing

James Little, Executive Vice President, Engineering, on April 27, 2026, sold 2,605 shares in Waste Connections (WCN) for $427,168. Following the Form 4 filing with the SEC, Little has control over a total of 48,436 common shares of the company, with 34,395 shares held directly and 14,041 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1318220/000113041626000004/xslF345X05/primarydocument.xml

$WCN
Research

Research Alert: CFRA Retains Buy Opinion On Shares Of Waste Connections Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We update our 12-month target to CAD272 from CAD293, valuing shares with a multiple that is more in line with peers: 14.2x our estimated 2027 EBITDA outlook. We have maintained our 2026 and 2027 EPS forecasts at USD5.72 and USD6.49, respectively. WCN delivered strong Q1 results that exceeded expectations and aligned with our Buy thesis on shares. WCN's secondary market positioning, exposure to specialized waste streams, and focus on quality contracts is enabling solid waste pricing that is supporting both top- and bottom-line expansion. Solid waste core pricing of 6% supported growth, while the company strategically shed lower-margin volumes (down 1.5%), prioritizing profitability over volume - a trend we view favorably across the waste industry. Coupled with a more attractive valuation following a 17% one-year decline, we see upside in shares amid potential commodity price improvements, accretive M&A, and AI investments for operational benefits.

$WCN
Research

Research Alert: CFRA Retains Buy Opinion On Shares Of Waste Connections Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We update our 12-month target to $200 from $215, valuing shares with a multiple that is more in line with peers: 14.2x our estimated 2027 EBITDA outlook. We have maintained our 2026 and 2027 EPS forecasts at $5.72 and $6.49, respectively. WCN delivered strong Q1 results that exceeded expectations and aligned with our Buy thesis on shares. WCN's secondary market positioning, exposure to specialized waste streams, and focus on quality contracts is enabling solid waste pricing that is supporting both top- and bottom-line expansion. Solid waste core pricing of 6% supported growth, while the company strategically shed lower-margin volumes (down 1.5%), prioritizing profitability over volume - a trend we view favorably across the waste industry. Coupled with a more attractive valuation following a 17% one-year decline, we see upside in shares amid potential commodity price improvements, accretive M&A, and AI investments for operational benefits.

$WCN
Wire

Waste Connections 2026 Outlook Seen 'Conservative' After Q1 Beat, RBC Says

Waste Connections (WCN) remains well-positioned for 2026 with current guidance appearing "conservative" given the strong start to the year, RBC Capital Markets said Thursday in a report.The company reported Q1 adjusted EBITDA and EPS ahead of market expectations and reaffirmed its 2026 outlook, with potential for gains from higher commodity prices, a more supportive macro backdrop and a robust pipeline for mergers and acquisitions, the report said.Waste Connections is projecting 2026 revenue of $9.9 billion to $9.95 billion, adjusted EBITDA of $3.3 billion to $3.325 billion and adjusted free cash flow of $1.3 billion, the report said.The company's strategy centers on "market selection, strategic asset positioning and local execution," driving long-term outperformance versus peers, RBC said. "We believe this strong track record justifies Waste Connections' premium valuation."RBC raised its price target on Waste Connections stock to $218 from $210 and reiterated its outperform rating.Price: $166.68, Change: $-2.21, Percent Change: -1.31%

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Research

Waste Connections Price Target Raised at RBC, CIBC

Analysts at RBC Capital Markets and CIBC Capital Markets raised their price targets on Waste Connections Inc. (WCN.TO, WCN) to US$218 from US$210, and to US$198 from US$197, respectively.RBC analyst Sabahat Khan maintained an Outperform rating on shares of the dual-listed integrated waste services company following its quarterly results on Thursday.The stock rose $17.65, or approximately 8%, to $231.36 on the Toronto Stock Exchange."WCN reported Q1 Adj. EBITDA/EPS ahead of Street forecasts, while 2026 guidance was reiterated," Khan said in a note to clients."Overall, we believe WCN remains well-positioned for 2026, with guidance remaining a conservative starting point given the strong start to the year, with upside potential from higher commodity prices (supportive of the E&P business, Recycling prices beginning to move in the right direction), a more supportive macro backdrop (SW volumes up for the 6th consecutive quarter, potentially indicating some pent-up demand), and M&A (pipeline robust)," the analyst said.CIBC analyst Kevin Chiang maintained an outperformer rating on the stock."WCN's shares are up sharply after reporting strong Q1 results, highlighting the resiliency in its business model despite the current geopolitical landscape," Chiang said in a note to clients."Underlying fundamentals remain strong and there is upside potential to WCN's 2026 guidance," the analyst said."In addition, we see a re-acceleration in WCN's EPS growth trends moving past H1/26," Chiang said. "We view Q1 results as an inflection point for WCN's shares and the sentiment around the name."

$WCN$WCN.TO
Mining & Metals

RBC Keeps Waste Connections' Outperform Rating, US$210 Price Target

RBC Capital Markets on Wednesday maintained its outperform rating on the shares of Waste Connections (WCN.TO, WCN) and its US$210 price target following the waste-management company's first-quarter results.Waste Connections' first-quarter adjusted EBITDA of $769.5 million and adjusted earnings per share beat RBC's estimates, while its revenue of $2.37 billion was in line with RBC's forecast.RBC believes there is upside to the company's 2026 guidance from M&A, an improvement in the macro backdrop, and more supportive commodity pricing."Q1 results continued to reflect similar trends we have been observing in recent quarters, namely softer volumes and commodity prices being offset by underlying margin expansion," RBC said.Price: $229.57, Change: $+15.86, Percent Change: +7.42%

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Research

Research Alert: Waste Connections Delivers Q1 Beat On Continued Margin Gains

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Waste Connections Inc. (WCN) delivered a strong start to 2026, with Q1 results exceeding expectations as revenue increased to $2.4B (+6.4% Y/Y) supported by solid waste core pricing of 6%, while adjusted EBITDA margin expanded 50 bps to 32.5%, reaching $769.5M (+8% Y/Y). Despite volume declines of 1.5% as the company shed lower-margin accounts, we believe consistent margin gains reflect WCN's market pricing power and solid execution on cost management. Management highlighted upside potential from improvements in commodity prices, accretive M&A deals, and ramping AI investments for longer-term operational benefits. E&P waste treatment achieved stellar 24.3% growth reflecting increased special waste activity, while solid waste collection grew 5.4% to $1.7B with strong pricing realization, though recycling revenue declined 12.9% due to commodity headwinds. We view Q1 results as aligning well with our Buy thesis, as WCN appears well-positioned with favorable pricing trends and rising E&P waste service demand.

$WCN
Research

Research Alert: Waste Connections Delivers Q1 Beat On Continued Margin Gains

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Waste Connections Inc. (WCN) delivered a strong start to 2026, with Q1 results exceeding expectations as revenue increased to $2.4B (+6.4% Y/Y) supported by solid waste core pricing of 6%, while adjusted EBITDA margin expanded 50 bps to 32.5%, reaching $769.5M (+8% Y/Y). Despite volume declines of 1.5% as the company shed lower-margin accounts, we believe consistent margin gains reflect WCN's market pricing power and solid execution on cost management. Management highlighted upside potential from improvements in commodity prices, accretive M&A deals, and ramping AI investments for longer-term operational benefits. E&P waste treatment achieved stellar 24.3% growth reflecting increased special waste activity, while solid waste collection grew 5.4% to $1.7B with strong pricing realization, though recycling revenue declined 12.9% due to commodity headwinds. We view Q1 results as aligning well with our Buy thesis, as WCN appears well-positioned with favorable pricing trends and rising E&P waste service demand.

$WCN
Mining & Metals

Waste Connections Up 2.9% After Hours as It Posts Higher Adjusted Earnings and Revenue for the First Quarter

Waste Connections (WCN.TO, WCN) was up 2.9% in after-hours Nasdaq trading Wednesday as it reported higher first-quarter adjusted earnings and revenue.The waste-management company's adjusted net income, which excludes most one-time expenses, rose to US$314.9 million, or US$1.23 per share, from US$293.1 million, or US$1.13, a year ago. FactSet projected US$1.19 per share.Revenue increased to US$2.37 billion from US$2.23 billion in the year-ago quarter. FactSet expected US$2.35 billion."We're extremely pleased by the strong start to 2026 and remain well-positioned for the full year, with upside potential from commodity-related impacts, solid waste organic growth and additional acquisitions," Chief Executive Ronald Mittelstaedt said."In spite of geopolitical instability, our results reflect consistency of execution as we continue to benefit from operating momentum from improved employee engagement, with safety performance at record levels and voluntary turnover now below 10%," he added.The company's shares were last seen up US$4.49 to US$161.00 after hours. They closed down $2.12 to $213.71 on the Toronto Stock Exchange.

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