TSE:WCN

Waste Connections (WCN.TO)

227.86
-2.17 (0.94%)
as of Sep 4, 2026, 4:38:46 pm Market Open.
288 watching
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Investor Insights
star iconSep 4, 2026, 12:00 am

This summary was created by AI, based on 15 opinions in the last 12 months.

Waste Connections (WCN) is viewed as a solid investment within the waste disposal sector, praised for its dependable cash flow, strong balance sheet, and historical profitability. Analysts emphasize the company's unique position of owning a vertically integrated waste disposal ecosystem, providing it with pricing power in exclusive markets. Despite facing challenges such as escalating costs and some operational issues, the company has demonstrated resilience with positive revenue growth and promising earnings projections. Many experts cite its defensive nature against economic fluctuations, making it a reliable choice for long-term portfolios, alongside some potential for future acquisition growth in a largely oligopolistic industry. However, some caution against entering too aggressively at current price levels, suggesting that a price pullback could present a more attractive entry point.

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Consensus
Buy
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Valuation
Fair Value
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WM
TOP PICK
Very stable business. Waste collections and transfer agents for industrial and commercial customers across North America. Good, strong cash flow generator. Looking for 4%-5% growth.
PAST TOP PICK
In a recession resistant industry. Had a change in CEO, incoming has been with company for a long time.
BUY
Budget cuts in the US operations? Pretty safe as you keep on getting 2%-3% increases in the fees for collecting trash. Some economic sensitivity, especially in the US. If construction and housing are down a lot, as they had been, their volumes are down. Acquired a big operation in St. Louis this year.
TOP PICK
Likes the story. A well managed company. 40% Canada and 60% US. Strategic acquisition leads to growth. Throws off great cash flow. The market has ignored this company for so long. Will not be constrained in acquisitions like the rest of the market.
BUY
Garbage landfill sites and transfer sites. Likes this space and thinks there are good opportunities. Solid management. Had a Q2 miss on their earnings and a change in CEOs creating a sell off in the stock. Great opportunity for very sustainable yields.
TOP PICK
Waste management. Good stable business. Whatever happens in Europe or in equity markets, people still produce garbage. Waste per capita goes up every year. Generates a significant amount of free cash flow and pays 2.5% dividend.
HOLD
52 week low. There’s your bear market. Changed name, thank goodness. Good senior waste management company in North America. It’s over sold. Hang in there.
TOP PICK
Grown aggressively by acquisition. Looks like fairly solid earnings. Some organic growth and some from acquisitions. Well run company that is going to do well.
TOP PICK
Solid waste management, both pick up and disposal. Industry is very fragmented with lots of room for consolidation. Profits are growing and dividends are increasing. Good business model and solid management.
TOP PICK
Waste management. Very defensive. Recession resistant. Very strong track record of growth, both organically and by acquisition.
BUY
A bit of a wedge that it is about to break out of. Bouncing along the 125 day moving average. Each low is less low, so the rounding top doesn’t mean much. Volume is good.
TOP PICK
One of the largest waste management companies in North America. The waste per capita goes up every year. Lot of good industry fundamentals. 2% Dividend. Have trucks and landfills, do commercial and residential. Did a secondary offering last evening to liquidate an acquired company’s stock. This had been an overhang.
TOP PICK
Owned it for years. Has a terrible name. Growing rapidly through acquisitions – 15 in 2010. You buy it for the growth in their business and a growing dividend over time.
TOP PICK
Growth company, third largest solid waste company in North America. Keeps making acquisitions. It’s a fragmented industry where there are always companies you can buy. Well run and you will see dividend growth.
PAST TOP PICK
(A Top Pick Aug 20/09. Up 69.80%.)
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