Republic Services (RSG) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

RSG Stock Forecast

Republic Services stock forecast is as follows: an average price target of $201.36 (represents a -5.93% downside from RSG’s last price of $214.06) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.

RSG Price Target

The average price target for Republic Services (RSG) is $201.36 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $244.00 to $140.00. This represents a potential -5.93% downside from RSG's last price of $214.06.

RSG Analyst Ratings

Buy

According to 14 Wall Street analysts, Republic Services's rating consensus is 'Buy'. The analyst rating breakdown for RSG stock is 0 'Strong Buy' (0.00%), 9 'Buy' (64.29%), 5 'Hold' (35.71%), 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
Oct 30, 2024	Stephanie Moore	Jefferies	-	-	18.20%	9.78%
Oct 30, 2024	Tobey Sommer	Truist Financial	-	-	20.60%	13.99%
Oct 30, 2024	Noah Kaye	Oppenheimer	-	-	7.68%	2.77%
Oct 21, 2024	Noah Kaye	Oppenheimer	-	-	6.99%	2.31%
Jul 25, 2024	Devin Dodge	BMO Capital	-	-	11.45%	-1.43%
May 22, 2024	Faiza Alwy	Deutsche Bank	-	-	8.86%	-5.17%
May 21, 2024	Michael Hoffman	Stifel Nicolaus	-	-	12.92%	-1.90%
May 01, 2024	Jeffrey Silber	BMO Capital	-	-	10.48%	-5.63%
May 01, 2024	Walter Spracklin	RBC Capital	-	-	9.77%	-6.10%
Apr 23, 2024	David Manthey	Robert W. Baird	-	-	5.86%	-5.17%

Row per page

Go to

The latest Republic Services stock forecast, released on Oct 30, 2024 by Stephanie Moore from Jefferies, set a price target of $235.00, which represents a 18.20% increase from the stock price at the time of the forecast ($198.81), and a 9.78% increase from RSG last price ($214.06).

Republic Services Price Target by Period

	1M	3M	12M
# Anlaysts	3	4	12
Avg Price Target	$233.00	$229.50	$211.58
Last Closing Price	$214.06	$214.06	$214.06
Upside/Downside	8.85%	7.21%	-1.16%

In the current month, the average price target of Republic Services stock is $233.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 8.85% increase as opposed to Republic Services's last price of $214.06. This month's average price target is up 1.53% compared to last quarter, and up 10.12% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 31, 2024	Cowen & Co.	Buy	Buy	Hold
Oct 30, 2024	Jefferies	Buy	Buy	Hold
Oct 30, 2024	CIBC	Neutral	Neutral	Hold
Oct 21, 2024	Oppenheimer	Outperform	Outperform	Hold
Oct 03, 2024	William Blair		Outperform	Initialise
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

Row per page

Go to

Republic Services's last stock rating was published by Cowen & Co. on Oct 31, 2024. The company gave RSG a "Buy" 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	Jun 22	Mar 22	Dec 21	Sep 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.83B	-	$3.73B	$3.58B	$3.53B	$3.60B	$3.41B	$2.97B	$2.95B	$2.93B
Avg Forecast	$6.12B	$5.98B	$5.84B	$5.70B	$5.56B	$5.43B	$5.30B	$5.18B	$4.52B	$4.52B	$4.48B	$4.31B	$4.30B	$4.29B	$4.26B	$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	$6.17B	$6.03B	$5.89B	$5.75B	$5.61B	$5.48B	$5.35B	$5.22B	$4.56B	$4.56B	$4.51B	$4.34B	$4.33B	$4.33B	$4.29B	$4.14B	$4.11B	$4.12B	$4.04B	$3.89B	$3.79B	$3.81B	$3.76B	$3.47B	$3.50B	$3.54B	$3.30B	$2.89B	$2.87B	$2.84B
Low Forecast	$5.98B	$5.84B	$5.70B	$5.57B	$5.44B	$5.31B	$5.18B	$5.06B	$4.42B	$4.42B	$4.37B	$4.21B	$4.20B	$4.20B	$4.16B	$3.96B	$3.91B	$4.12B	$4.04B	$3.89B	$3.69B	$3.81B	$3.65B	$3.36B	$3.40B	$3.54B	$3.30B	$2.89B	$2.87B	$2.84B
# Analysts	4	3	4	3	5	4	5	4	5	4	5	4	4	3	4	8	13	7	6	6	12	9	9	9	5	5	5	5	6	6
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.03%	-	1.00%	1.04%	1.02%	1.02%	1.04%	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 $3.89B, and a high forecast of $3.89B. 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	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	4	3	4	3	5	4	5	4	5	4	5	4	4	3	4	8	13	7	6	6	12	9	9	9	5	5	5	5	6	6
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.13B	-	$813.90M	$1.04B	$874.10M	$1.00B	$991.00M	$898.60M	$48.40M	$870.40M
Avg Forecast	$1.76B	$1.72B	$1.68B	$1.64B	$1.60B	$1.56B	$1.52B	$1.49B	$1.30B	$1.30B	$1.29B	$1.24B	$1.24B	$1.23B	$1.22B	$1.17B	$1.17B	$1.18B	$1.16B	$982.27M	$1.07B	$1.09B	$1.07B	$892.97M	$52.71M	$1.00B	$933.25M	$811.79M	$813.17M	$803.27M
High Forecast	$1.77B	$1.73B	$1.69B	$1.65B	$1.61B	$1.57B	$1.54B	$1.50B	$1.31B	$1.31B	$1.30B	$1.25B	$1.25B	$1.24B	$1.23B	$1.19B	$1.18B	$1.18B	$1.16B	$1.18B	$1.09B	$1.09B	$1.08B	$1.07B	$63.26M	$1.00B	$933.25M	$974.15M	$813.17M	$803.27M
Low Forecast	$1.72B	$1.68B	$1.64B	$1.60B	$1.56B	$1.53B	$1.49B	$1.45B	$1.27B	$1.27B	$1.26B	$1.21B	$1.21B	$1.21B	$1.20B	$1.14B	$1.12B	$1.18B	$1.16B	$785.82M	$1.06B	$1.09B	$1.05B	$714.38M	$42.17M	$1.00B	$933.25M	$649.44M	$813.17M	$803.27M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.05%	-	0.76%	1.17%	16.58%	1.00%	1.06%	1.11%	0.06%	1.08%

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	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	4	3	4	3	5	4	5	4	5	4	5	4	4	3	4	8	13	7	6	6	12	9	9	9	5	5	5	5	6	6
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$439.60M	-	$427.40M	$383.90M	$346.80M	$416.90M	$371.90M	$352.00M	$313.80M	$350.30M
Avg Forecast	$708.28M	$714.60M	$707.43M	$670.08M	$662.22M	$667.66M	$657.57M	$626.89M	$584.96M	$628.39M	$609.68M	$560.30M	$527.99M	$571.50M	$547.97M	$494.02M	$442.18M	$506.97M	$490.05M	$389.41M	$404.83M	$448.06M	$416.26M	$354.01M	$342.74M	$384.93M	$373.45M	$321.83M	$318.53M	$330.25M
High Forecast	$715.85M	$722.24M	$714.99M	$677.25M	$669.31M	$674.80M	$664.60M	$633.59M	$591.21M	$635.11M	$616.20M	$566.29M	$533.63M	$577.61M	$553.83M	$522.15M	$476.92M	$518.85M	$494.58M	$467.30M	$411.16M	$453.90M	$420.71M	$424.81M	$411.29M	$392.90M	$378.18M	$386.19M	$318.53M	$330.25M
Low Forecast	$687.23M	$693.36M	$686.41M	$650.17M	$642.54M	$647.82M	$638.03M	$608.26M	$567.57M	$609.72M	$591.57M	$543.65M	$512.30M	$554.51M	$531.69M	$459.62M	$410.59M	$495.09M	$485.52M	$311.53M	$398.51M	$442.22M	$403.88M	$283.21M	$274.19M	$376.97M	$368.71M	$257.46M	$318.53M	$330.25M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.09%	-	1.03%	1.08%	1.01%	1.08%	1.00%	1.09%	0.99%	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	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	4	3	4	3	5	4	5	4	5	4	5	4	4	3	4	8	13	7	6	6	12	9	9	9	5	5	5	5	6	6
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$431.40M	-	$396.00M	$363.80M	$369.70M	$342.90M	$330.10M	$296.40M	$333.50M	$291.80M
Avg Forecast	$639.49M	$624.36M	$609.59M	$595.17M	$581.09M	$567.34M	$553.92M	$540.81M	$472.30M	$472.28M	$467.40M	$449.61M	$448.75M	$448.41M	$444.55M	$426.72M	$426.31M	$430.20M	$421.70M	$327.90M	$389.83M	$397.70M	$389.77M	$298.09M	$363.22M	$361.40M	$336.45M	$270.99M	$293.16M	$289.59M
High Forecast	$644.75M	$629.50M	$614.61M	$600.06M	$585.87M	$572.01M	$558.47M	$545.26M	$476.19M	$476.16M	$471.24M	$453.31M	$452.44M	$452.10M	$448.21M	$431.97M	$429.46M	$430.40M	$421.91M	$393.48M	$396.12M	$397.70M	$392.98M	$357.71M	$435.86M	$361.40M	$336.45M	$325.19M	$293.16M	$289.59M
Low Forecast	$624.87M	$610.09M	$595.66M	$581.56M	$567.81M	$554.37M	$541.26M	$528.45M	$461.51M	$461.48M	$456.71M	$439.33M	$438.49M	$438.16M	$434.39M	$413.09M	$408.46M	$430.00M	$421.49M	$262.32M	$385.64M	$397.70M	$380.86M	$238.47M	$290.57M	$361.40M	$336.45M	$216.80M	$293.16M	$289.59M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.11%	-	1.02%	1.22%	1.02%	0.95%	0.98%	1.09%	1.14%	1.01%

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	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	4	3	4	3	5	4	5	4	5	4	5	4	4	3	4	8	13	7	6	6	12	9	9	9	5	5	5	5	6	6
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.39	-	$1.35	$1.21	$1.10	$1.32	$1.18	$1.11	$0.99	$1.10
Avg Forecast	$2.25	$2.27	$2.25	$2.13	$2.11	$2.12	$2.09	$1.99	$1.86	$2.00	$1.94	$1.78	$1.68	$1.82	$1.74	$1.57	$1.41	$1.61	$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	$2.28	$2.30	$2.27	$2.15	$2.13	$2.15	$2.11	$2.02	$1.88	$2.02	$1.96	$1.80	$1.70	$1.84	$1.76	$1.66	$1.52	$1.65	$1.57	$1.35	$1.31	$1.44	$1.34	$1.14	$1.03	$1.25	$1.20	$1.05	$1.01	$1.05
Low Forecast	$2.19	$2.21	$2.18	$2.07	$2.04	$2.06	$2.03	$1.93	$1.81	$1.94	$1.88	$1.73	$1.63	$1.76	$1.69	$1.46	$1.31	$1.57	$1.54	$1.35	$1.27	$1.41	$1.28	$1.09	$0.99	$1.20	$1.17	$1.05	$1.01	$1.05
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.08%	-	1.02%	1.07%	1.08%	1.08%	1.00%	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 $1.35 and a high estimate of $1.35. 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	-	-	162.11%	Buy
CWST	Casella Waste Systems	-	-	7.11%	Buy
GFL	GFL Environmental	-	-	-0.04%	Buy
RSG	Republic Services	-	-	-5.93%	Buy
WM	Waste Management	-	-	-9.04%	Buy
SRCL	Stericycle	-	-	-9.12%	Hold
WCN	Waste Connections	-	-	-11.71%	Buy
CLH	Clean Harbors	-	-	-17.86%	Buy

RSG Forecast FAQ

Is Republic Services a good buy?

Yes, according to 14 Wall Street analysts, Republic Services (RSG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 64.29% of RSG's total ratings.

What is RSG's price target?

Republic Services (RSG) average price target is $201.36 with a range of $140 to $244, implying a -5.93% from its last price of $214.06. The data is based on 14 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 -5.93% (from the last price of $214.06 to the average price target of $201.36), up by 13.99% based on the highest stock price target, and down by -34.60% based on the lowest stock price target.

Can Republic Services stock reach $300?

RSG's average twelve months analyst stock price target of $201.36 does not support the claim that Republic Services can reach $300 in the near future.

What is Republic Services's current price target trend?

3 Wall Street analysts forecast a $233 price target for Republic Services (RSG) this month, up 8.85% from its last price of $214.06. Compared to the last 3 and 12 months, the average price target increased by 7.21% and decreased by -1.16%, respectively.

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 $21.48B (high $21.66B, low $20.99B), average EBITDA is $6.17B (high $6.23B, low $6.03B), average net income is $2.61B (high $2.64B, low $2.54B), average SG&A $2.24B (high $2.26B, low $2.19B), and average EPS is $8.32 (high $8.41, low $8.07). RSG's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $23.64B (high $23.83B, low $23.1B), average EBITDA is $6.79B (high $6.85B, low $6.64B), average net income is $2.8B (high $2.83B, low $2.72B), average SG&A $2.47B (high $2.49B, low $2.41B), and average EPS is $8.91 (high $9, low $8.64).

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 $4.13B by 6.67%. The company's net income was $1.73B, beating the average estimation of $1.62B by 6.64%. Apple's SG&A was $1.61B, beating the average forecast of $1.48B by 9.04%. 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 $1.07B by 5.46%. Republic Services's net income was $439.6M, beating the average estimation of $404.83M by 8.59%. The company's SG&A was $431.4M, beating the average forecast of $389.83M by 10.66%. Lastly, the company's EPS was $1.39, beating the average prediction of $1.29 by 7.94%