Republic Services (RSG) Stock Forecast, Price Target & Predictions
RSG Stock Forecast
Republic Services stock forecast is as follows: an average price target of $180.50 (represents a -10.53% downside from RSG’s last price of $201.75) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.
RSG Price Target
The average price target for Republic Services (RSG) is $180.50 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $211.00 to $124.00. This represents a potential -10.53% downside from RSG's last price of $201.75.
RSG Analyst Ratings
According to 12 Wall Street analysts, Republic Services's rating consensus is 'Buy'. The analyst rating breakdown for RSG stock is 0 'Strong Buy' (0.00%), 6 'Buy' (50.00%), 6 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Republic Services Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 25, 2024 | Devin Dodge | BMO Capital | $211.00 | $189.33 | 11.45% | 4.58% |
| May 22, 2024 | Faiza Alwy | Deutsche Bank | $203.00 | $186.48 | 8.86% | 0.62% |
| May 21, 2024 | Michael Hoffman | Stifel Nicolaus | $210.00 | $185.98 | 12.92% | 4.09% |
| May 01, 2024 | Jeffrey Silber | BMO Capital | $202.00 | $182.84 | 10.48% | 0.12% |
| May 01, 2024 | Walter Spracklin | RBC Capital | $201.00 | $183.11 | 9.77% | -0.37% |
| Apr 23, 2024 | David Manthey | Robert W. Baird | $203.00 | $191.76 | 5.86% | 0.62% |
| Apr 08, 2024 | Walter Spracklin | RBC Capital | $198.00 | $188.40 | 5.10% | -1.86% |
| Mar 15, 2024 | Toni Kaplan | Morgan Stanley | $193.00 | $186.31 | 3.59% | -4.34% |
| Jan 04, 2023 | - | Morgan Stanley | $144.00 | $128.68 | 11.91% | -28.62% |
| Dec 07, 2022 | - | BMO Capital | $148.00 | $136.90 | 8.11% | -26.64% |
The latest Republic Services stock forecast, released on Jul 25, 2024 by Devin Dodge from BMO Capital, set a price target of $211.00, which represents a 11.45% increase from the stock price at the time of the forecast ($189.33), and a 4.58% increase from RSG last price ($201.75).
Republic Services Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 8 |
| Avg Price Target | - | $211.00 | $202.63 |
| Last Closing Price | $201.75 | $201.75 | $201.75 |
| Upside/Downside | -100.00% | 4.58% | 0.44% |
In the current month, the average price target of Republic Services stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Republic Services's last price of $201.75. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 05, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Jul 25, 2024 | CIBC | Neutral | Neutral | Hold |
| Jul 25, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jul 25, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| May 22, 2024 | Deutsche Bank | Hold | Hold | Hold |
| May 01, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| May 01, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| May 01, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Apr 08, 2024 | Scotiabank | - | Sector Perform | Initialise |
| Apr 08, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Republic Services's last stock rating was published by Cowen & Co. on Aug 05, 2024. The company gave RSG a "Hold" rating, the same as its previous rate.
Republic Services Financial Forecast
Republic Services Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.83B | - | $3.73B | $3.58B | $3.53B | $3.60B | - | $2.97B | $2.95B | $2.93B |
| Avg Forecast | $6.23B | $6.08B | $5.94B | $5.80B | $5.66B | $5.53B | $5.40B | $5.27B | $4.54B | $4.61B | $4.52B | $4.32B | $4.30B | $4.35B | $4.27B | $4.09B | $4.08B | $4.12B | $4.04B | $3.89B | $3.73B | $3.81B | $3.73B | $3.44B | $3.48B | $3.54B | $3.30B | $2.89B | $2.87B | $2.84B |
| High Forecast | $6.28B | $6.14B | $5.99B | $5.85B | $5.71B | $5.58B | $5.44B | $5.31B | $4.58B | $4.66B | $4.56B | $4.36B | $4.34B | $4.39B | $4.31B | $4.12B | $4.12B | $4.15B | $4.07B | $3.93B | $3.79B | $3.84B | $3.77B | $3.47B | $3.51B | $3.57B | $3.30B | $2.92B | $2.91B | $2.87B |
| Low Forecast | $6.18B | $6.04B | $5.89B | $5.75B | $5.62B | $5.48B | $5.35B | $5.23B | $4.50B | $4.58B | $4.48B | $4.29B | $4.27B | $4.32B | $4.24B | $4.06B | $4.05B | $4.10B | $4.01B | $3.86B | $3.69B | $3.78B | $3.70B | $3.41B | $3.45B | $3.51B | $3.30B | $2.86B | $2.85B | $2.81B |
| # Analysts | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 6 | 7 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | - | 1.00% | 1.04% | 1.02% | 1.02% | - | 1.03% | 1.03% | 1.03% |
Republic Services's average Quarter revenue forecast for Mar 24 based on 6 analysts is $3.89B, with a low forecast of $3.86B, and a high forecast of $3.93B. RSG's average Quarter revenue forecast represents a 1.56% increase compared to the company's last Quarter revenue of $3.83B (Dec 23).
Republic Services EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 6 | 7 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.13B | - | $813.90M | $1.04B | $874.10M | $1.00B | - | $898.60M | $48.40M | $870.40M |
| Avg Forecast | $1.76B | $1.72B | $1.68B | $1.64B | $1.60B | $1.56B | $1.53B | $1.49B | $1.28B | $1.31B | $1.28B | $1.22B | $1.22B | $1.23B | $1.21B | $1.16B | $1.16B | $1.17B | $1.14B | $982.27M | $1.06B | $1.08B | $1.06B | $892.97M | $984.15M | $902.73M | $933.25M | $811.79M | $47.92M | $820.66M |
| High Forecast | $1.78B | $1.74B | $1.70B | $1.66B | $1.62B | $1.58B | $1.54B | $1.50B | $1.30B | $1.32B | $1.29B | $1.23B | $1.23B | $1.24B | $1.22B | $1.17B | $1.17B | $1.18B | $1.15B | $1.18B | $1.07B | $1.09B | $1.07B | $1.07B | $992.97M | $1.08B | $933.25M | $974.15M | $57.50M | $984.80M |
| Low Forecast | $1.75B | $1.71B | $1.67B | $1.63B | $1.59B | $1.55B | $1.52B | $1.48B | $1.28B | $1.30B | $1.27B | $1.21B | $1.21B | $1.22B | $1.20B | $1.15B | $1.15B | $1.16B | $1.13B | $785.82M | $1.05B | $1.07B | $1.05B | $714.38M | $976.67M | $722.18M | $933.25M | $649.44M | $38.34M | $656.53M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | - | 0.77% | 1.17% | 0.89% | 1.11% | - | 1.11% | 1.01% | 1.06% |
6 analysts predict RSG's average Quarter EBITDA for Mar 24 to be $982.27M, with a high of $1.18B and a low of $785.82M. This is -13.20% lower than Republic Services's previous annual EBITDA (Dec 23) of $1.13B.
Republic Services Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 6 | 7 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $439.60M | - | $427.40M | $383.90M | $346.80M | $416.90M | - | $352.00M | $313.80M | $350.30M |
| Avg Forecast | $708.90M | $717.26M | $700.04M | $660.86M | $662.15M | $671.01M | $653.83M | $619.88M | $619.91M | $636.95M | $622.38M | $570.61M | $546.00M | $583.53M | $552.77M | $502.52M | $472.53M | $509.56M | $491.40M | $389.41M | $405.95M | $449.29M | $417.40M | $354.01M | $321.63M | $363.31M | $374.00M | $321.83M | $311.58M | $330.28M |
| High Forecast | $717.16M | $725.61M | $708.20M | $668.56M | $669.87M | $678.83M | $661.45M | $627.10M | $627.13M | $644.37M | $629.63M | $577.25M | $552.37M | $590.33M | $559.21M | $508.38M | $478.04M | $534.72M | $497.12M | $467.30M | $412.29M | $454.53M | $422.26M | $424.81M | $325.37M | $435.97M | $374.00M | $386.19M | $373.90M | $396.34M |
| Low Forecast | $701.90M | $710.17M | $693.13M | $654.33M | $655.61M | $664.38M | $647.37M | $613.76M | $613.78M | $630.66M | $616.23M | $564.97M | $540.61M | $577.76M | $547.31M | $497.56M | $467.86M | $484.40M | $486.54M | $311.53M | $399.61M | $444.85M | $413.28M | $283.21M | $318.45M | $290.65M | $374.00M | $257.46M | $249.27M | $264.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | - | 1.02% | 1.08% | 1.08% | 1.15% | - | 1.09% | 1.01% | 1.06% |
Republic Services's average Quarter net income forecast for Mar 24 is $389.41M, with a range of $311.53M to $467.30M. RSG's average Quarter net income forecast represents a -11.42% decrease compared to the company's last Quarter net income of $439.60M (Dec 23).
Republic Services SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 6 | 7 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $431.40M | - | $396.00M | $363.80M | $369.70M | $342.90M | - | $296.40M | $333.50M | $291.80M |
| Avg Forecast | $635.81M | $620.77M | $606.08M | $591.75M | $577.75M | $564.08M | $550.73M | $537.70M | $463.22M | $471.07M | $461.02M | $440.92M | $439.36M | $444.31M | $436.01M | $417.09M | $416.90M | $420.91M | $412.21M | $327.90M | $381.05M | $388.74M | $381.00M | $298.09M | $354.80M | $302.64M | $336.45M | $270.99M | $330.20M | $275.13M |
| High Forecast | $641.51M | $626.33M | $611.52M | $597.05M | $582.92M | $569.13M | $555.67M | $542.52M | $467.37M | $475.30M | $465.16M | $444.87M | $443.30M | $448.29M | $439.91M | $420.83M | $420.64M | $423.98M | $415.90M | $393.48M | $387.20M | $392.23M | $384.41M | $357.71M | $357.98M | $363.17M | $336.45M | $325.19M | $396.24M | $330.15M |
| Low Forecast | $630.98M | $616.05M | $601.48M | $587.25M | $573.35M | $559.79M | $546.55M | $533.62M | $459.70M | $467.49M | $457.52M | $437.57M | $436.02M | $440.93M | $432.69M | $413.92M | $413.74M | $418.86M | $409.08M | $262.32M | $376.96M | $385.79M | $378.10M | $238.47M | $352.11M | $242.11M | $336.45M | $216.80M | $264.16M | $220.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | - | 1.04% | 1.22% | 1.04% | 1.13% | - | 1.09% | 1.01% | 1.06% |
Republic Services's average Quarter SG&A projection for Mar 24 is $327.90M, based on 6 Wall Street analysts, with a range of $262.32M to $393.48M. The forecast indicates a -23.99% fall compared to RSG last annual SG&A of $431.40M (Dec 23).
Republic Services EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 6 | 7 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.39 | - | $1.35 | $1.21 | $1.10 | $1.32 | - | $1.11 | $0.99 | $1.10 |
| Avg Forecast | $2.25 | $2.28 | $2.22 | $2.10 | $2.10 | $2.13 | $2.07 | $1.97 | $1.97 | $2.02 | $1.97 | $1.81 | $1.73 | $1.85 | $1.75 | $1.59 | $1.50 | $1.62 | $1.56 | $1.35 | $1.29 | $1.43 | $1.32 | $1.13 | $1.02 | $1.22 | $1.18 | $1.05 | $1.01 | $1.05 |
| High Forecast | $2.27 | $2.30 | $2.25 | $2.12 | $2.12 | $2.15 | $2.10 | $1.99 | $1.99 | $2.04 | $2.00 | $1.83 | $1.75 | $1.87 | $1.77 | $1.61 | $1.52 | $1.70 | $1.58 | $1.36 | $1.31 | $1.44 | $1.34 | $1.14 | $1.03 | $1.24 | $1.18 | $1.06 | $1.03 | $1.06 |
| Low Forecast | $2.23 | $2.25 | $2.20 | $2.08 | $2.08 | $2.11 | $2.05 | $1.95 | $1.95 | $2.00 | $1.95 | $1.79 | $1.71 | $1.83 | $1.74 | $1.58 | $1.48 | $1.54 | $1.54 | $1.34 | $1.27 | $1.41 | $1.31 | $1.12 | $1.01 | $1.21 | $1.18 | $1.04 | $1.00 | $1.04 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | - | 1.02% | 1.07% | 1.08% | 1.08% | - | 1.06% | 0.98% | 1.05% |
According to 6 Wall Street analysts, Republic Services's projected average Quarter EPS for Mar 24 is $1.35, with a low estimate of $1.34 and a high estimate of $1.36. This represents a -2.99% decrease compared to RSG previous annual EPS of $1.39 (Dec 23).
Republic Services Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MEG | Montrose Environmental Group | $29.76 | $52.50 | 76.41% | Buy |
| GFL | GFL Environmental | $39.19 | $44.90 | 14.57% | Buy |
| CWST | Casella Waste Systems | $106.73 | $112.00 | 4.94% | Strong Buy |
| WM | Waste Management | $203.12 | $187.69 | -7.60% | Buy |
| SRCL | Stericycle | $61.68 | $56.33 | -8.67% | Hold |
| WCN | Waste Connections | $181.41 | $165.13 | -8.97% | Buy |
| RSG | Republic Services | $201.75 | $180.50 | -10.53% | Buy |
| CLH | Clean Harbors | $241.82 | $197.13 | -18.48% | Buy |
RSG Forecast FAQ
Is Republic Services a good buy?
Yes, according to 12 Wall Street analysts, Republic Services (RSG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 50.00% of RSG's total ratings.
What is RSG's price target?
Republic Services (RSG) average price target is $180.5 with a range of $124 to $211, implying a -10.53% from its last price of $201.75. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Republic Services stock go up soon?
According to Wall Street analysts' prediction for RSG stock, the company can go down by -10.53% (from the last price of $201.75 to the average price target of $180.5), up by 4.58% based on the highest stock price target, and down by -38.54% based on the lowest stock price target.
Can Republic Services stock reach $300?
RSG's average twelve months analyst stock price target of $180.5 does not support the claim that Republic Services can reach $300 in the near future.
What are Republic Services's analysts' financial forecasts?
Republic Services's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $21.85B (high $22.04B, low $21.68B), average EBITDA is $6.19B (high $6.24B, low $6.14B), average net income is $2.61B (high $2.64B, low $2.58B), average SG&A $2.23B (high $2.25B, low $2.21B), and average EPS is $8.27 (high $8.37, low $8.19). RSG's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $24.05B (high $24.26B, low $23.86B), average EBITDA is $6.81B (high $6.87B, low $6.76B), average net income is $2.79B (high $2.82B, low $2.76B), average SG&A $2.45B (high $2.48B, low $2.44B), and average EPS is $8.84 (high $8.94, low $8.75).
Did the RSG's actual financial results beat the analysts' financial forecasts?
Based on Republic Services's last annual report (Dec 2023), the company's revenue was $14.96B, beating the average analysts forecast of $14.71B by 1.72%. Apple's EBITDA was $4.41B, beating the average prediction of $4.09B by 7.93%. The company's net income was $1.73B, beating the average estimation of $1.63B by 6.41%. Apple's SG&A was $1.61B, beating the average forecast of $1.45B by 11.03%. Lastly, the company's EPS was $5.47, beating the average prediction of $5.16 by 5.93%. In terms of the last quarterly report (Dec 2023), Republic Services's revenue was $3.83B, beating the average analysts' forecast of $3.73B by 2.64%. The company's EBITDA was $1.13B, beating the average prediction of $1.06B by 7.06%. Republic Services's net income was $439.6M, beating the average estimation of $405.95M by 8.29%. The company's SG&A was $431.4M, beating the average forecast of $381.05M by 13.21%. Lastly, the company's EPS was $1.39, beating the average prediction of $1.29 by 7.94%