Republic Services (RSG) Stock Forecast, Price Target & Predictions
RSG Stock Forecast
Republic Services stock forecast is as follows: an average price target of $227.50 (represents a 11.67% upside from RSG’s last price of $203.73) 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 $227.50 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 $211.00. This represents a potential 11.67% upside from RSG's last price of $203.73.
RSG Analyst Ratings
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 | $235.00 | $198.81 | 18.20% | 15.35% |
| Oct 30, 2024 | Tobey Sommer | Truist Financial | $244.00 | $202.32 | 20.60% | 19.77% |
| Oct 30, 2024 | Noah Kaye | Oppenheimer | $220.00 | $204.31 | 7.68% | 7.99% |
| Oct 21, 2024 | Noah Kaye | Oppenheimer | $219.00 | $204.69 | 6.99% | 7.50% |
| Jul 25, 2024 | Devin Dodge | BMO Capital | $211.00 | $189.33 | 11.45% | 3.57% |
| May 22, 2024 | Faiza Alwy | Deutsche Bank | $203.00 | $186.48 | 8.86% | -0.36% |
| May 21, 2024 | Michael Hoffman | Stifel Nicolaus | $210.00 | $185.98 | 12.92% | 3.08% |
| May 01, 2024 | Jeffrey Silber | BMO Capital | $202.00 | $182.84 | 10.48% | -0.85% |
| May 01, 2024 | Walter Spracklin | RBC Capital | $201.00 | $183.11 | 9.77% | -1.34% |
| Apr 23, 2024 | David Manthey | Robert W. Baird | $203.00 | $191.76 | 5.86% | -0.36% |
| Apr 08, 2024 | Walter Spracklin | RBC Capital | $198.00 | $188.40 | 5.10% | -2.81% |
| Mar 15, 2024 | Toni Kaplan | Morgan Stanley | $193.00 | $186.31 | 3.59% | -5.27% |
| Jan 04, 2023 | Morgan Stanley | $144.00 | $128.68 | 11.91% | -29.32% | |
| Dec 07, 2022 | BMO Capital | $148.00 | $136.90 | 8.11% | -27.35% | |
| Oct 24, 2022 | Stephanie Moore | Jefferies | $165.00 | $134.56 | 22.62% | -19.01% |
| Aug 08, 2022 | Patrick Tyler Brown | Raymond James | $155.00 | $142.82 | 8.53% | -23.92% |
| Oct 29, 2021 | Michael Feniger | Bank of America Securities | $140.00 | $133.70 | 4.71% | -31.28% |
| Jul 30, 2021 | Noah Kaye | Oppenheimer | $124.00 | $117.12 | 5.87% | -39.14% |
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 15.35% increase from RSG last price ($203.73).
Republic Services Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 4 | 12 |
| Avg Price Target | - | $229.50 | $211.58 |
| Last Closing Price | $203.73 | $203.73 | $203.73 |
| Upside/Downside | -100.00% | 12.65% | 3.85% |
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 $203.73. 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 |
|---|---|---|---|---|
| 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 |
| 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 |
| Oct 23, 2023 | UBS | Neutral | Buy | Upgrade |
| Oct 16, 2023 | Oppenheimer | Outperform | Outperform | Hold |
| Jan 10, 2023 | UBS | Neutral | Downgrade | |
| Jan 04, 2023 | Morgan Stanley | Overweight | Overweight | Hold |
| Dec 07, 2022 | BMO Capital | Market Perform | Downgrade | |
| Oct 28, 2022 | CFRA | Buy | Upgrade | |
| Oct 25, 2022 | Raymond James | Outperform | Outperform | Hold |
| Aug 08, 2022 | Raymond James | Outperform | Outperform | Hold |
| Jun 16, 2022 | Deutsche Bank | Buy | Upgrade | |
| May 13, 2022 | Bank of America Securities | Buy | Upgrade |
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 | $4.47B | $4.30B | $4.30B | $4.29B | $4.25B | $4.08B | $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 | $5.88B | $5.75B | $5.61B | $5.48B | $5.35B | $5.22B | $4.55B | $4.55B | $4.50B | $4.33B | $4.33B | $4.33B | $4.29B | $4.14B | $4.11B | $4.12B | $4.04B | $3.89B | $3.79B | $3.81B | $3.76B | $3.46B | $3.50B | $3.54B | $3.30B | $2.89B | $2.87B | $2.84B |
| Low Forecast | $6.02B | $5.88B | $5.74B | $5.61B | $5.47B | $5.34B | $5.22B | $5.09B | $4.44B | $4.44B | $4.40B | $4.23B | $4.23B | $4.22B | $4.19B | $3.96B | $3.91B | $4.12B | $4.04B | $3.89B | $3.69B | $3.81B | $3.67B | $3.38B | $3.42B | $3.54B | $3.30B | $2.89B | $2.87B | $2.84B |
| # Analysts | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 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 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 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 | $1.28B | $1.23B | $1.23B | $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 | $1.29B | $1.24B | $1.24B | $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 | $1.73B | $1.69B | $1.65B | $1.61B | $1.57B | $1.54B | $1.50B | $1.46B | $1.28B | $1.28B | $1.26B | $1.21B | $1.21B | $1.21B | $1.20B | $1.14B | $1.12B | $1.18B | $1.16B | $785.82M | $1.06B | $1.09B | $1.06B | $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 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 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 | $584.30M | $626.91M | $607.62M | $557.37M | $528.74M | $571.98M | $548.29M | $493.93M | $442.66M | $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 | $715.74M | $722.13M | $714.89M | $677.15M | $669.20M | $674.70M | $664.50M | $633.50M | $590.46M | $633.51M | $614.02M | $563.25M | $534.31M | $578.01M | $554.07M | $564.93M | $484.36M | $518.85M | $494.58M | $467.30M | $411.16M | $453.90M | $420.64M | $424.81M | $411.29M | $392.90M | $378.18M | $386.19M | $318.53M | $330.25M |
| Low Forecast | $693.30M | $699.49M | $692.47M | $655.92M | $648.22M | $653.55M | $643.67M | $613.63M | $571.95M | $613.65M | $594.77M | $545.59M | $517.56M | $559.88M | $536.70M | $453.80M | $417.00M | $495.09M | $485.52M | $311.53M | $398.51M | $442.22M | $407.46M | $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 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 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 | $620.74M | $606.06M | $591.72M | $577.72M | $564.05M | $550.71M | $537.68M | $524.96M | $457.75M | $457.78M | $452.86M | $435.44M | $435.40M | $435.11M | $431.29M | $413.92M | $413.64M | $417.58M | $409.34M | $327.90M | $378.40M | $386.04M | $378.34M | $298.09M | $363.22M | $361.40M | $336.45M | $270.99M | $293.16M | $289.59M |
| High Forecast | $625.77M | $610.97M | $596.52M | $582.40M | $568.62M | $555.17M | $542.04M | $529.21M | $461.46M | $461.49M | $456.53M | $438.97M | $438.93M | $438.64M | $434.79M | $420.04M | $416.69M | $417.78M | $409.54M | $393.48M | $384.50M | $386.04M | $381.41M | $357.71M | $435.86M | $361.40M | $336.45M | $325.19M | $293.16M | $289.59M |
| Low Forecast | $610.65M | $596.20M | $582.09M | $568.32M | $554.88M | $541.75M | $528.93M | $516.42M | $450.31M | $450.33M | $445.50M | $428.36M | $428.32M | $428.03M | $424.28M | $401.69M | $396.32M | $417.39M | $409.13M | $262.32M | $374.33M | $386.04M | $372.19M | $238.47M | $290.57M | $361.40M | $336.45M | $216.80M | $293.16M | $289.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | - | 1.05% | 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 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 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 | $1.99 | $1.93 | $1.77 | $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 | $1.95 | $1.79 | $1.70 | $1.84 | $1.76 | $1.80 | $1.54 | $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 | $2.21 | $2.23 | $2.20 | $2.09 | $2.06 | $2.08 | $2.05 | $1.95 | $1.82 | $1.95 | $1.89 | $1.74 | $1.65 | $1.78 | $1.71 | $1.44 | $1.33 | $1.57 | $1.54 | $1.35 | $1.27 | $1.41 | $1.30 | $1.10 | $1.00 | $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 | $17.51 | $43.00 | 145.57% | Buy |
| CLH | Clean Harbors | $239.54 | $271.50 | 13.34% | Buy |
| CWST | Casella Waste Systems | $106.50 | $119.25 | 11.97% | Buy |
| RSG | Republic Services | $205.62 | $227.50 | 10.64% | Buy |
| GFL | GFL Environmental | $44.56 | $48.67 | 9.22% | Buy |
| WCN | Waste Connections | $176.26 | $192.50 | 9.21% | Buy |
| WM | Waste Management | $209.00 | $227.33 | 8.77% | Buy |