Jason Jon Craft Sells 1,250 Shares of Waste Connections, Inc. (TSE:WCN) Stock

Waste Connections, Inc. (TSE:WCN) Senior Officer Jason Jon Craft sold 1,250 shares of Waste Connections stock in a transaction dated Thursday, November 18th. The shares were sold at an average price of C$182.44, for a total value of C$228,046.50. Following the sale, the insider now owns 17,505 shares of the company’s stock, valued at approximately C$3,193,563.19.

TSE:WCN opened at C$173.80 on Thursday. The business has a 50 day moving average of C$165.59 and a 200 day moving average of C$156.95. The company has a market capitalization of C$45.28 billion and a price-to-earnings ratio of 61.63. Waste Connections, Inc. has a 1-year low of C$122.13 and a 1-year high of C$175.16. The company has a debt-to-equity ratio of 74.48, a current ratio of 1.01 and a quick ratio of 0.90.

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 23rd. Investors of record on Tuesday, November 9th were given a $0.292 dividend. This is an increase from Waste Connections’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Monday, November 8th. This represents a $1.17 dividend on an annualized basis and a yield of 0.67%. Waste Connections’s payout ratio is presently 40.43%.

A number of analysts have recently issued reports on the company. ATB Capital lifted their price target on Waste Connections from C$155.00 to C$165.00 and gave the company a “neutral” rating in a research report on Friday, October 29th. Royal Bank of Canada reiterated an “outperform” rating and set a C$139.00 price target on shares of Waste Connections in a research report on Thursday, October 28th.

Waste Connections Company Profile

Waste Connections, Inc provides waste collection, transfer, disposal, and recycling services in the United States and Canada. The company operates through five segments: Southern, Western, Eastern, Canada, Central, and Corporate. It offers collection services to residential, commercial, municipal, industrial, and E&P customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.

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