Republic Services Upgraded to Buy by Argus as RSG Draws Positive Analyst Ratings

Argus raised its rating on Republic Services, Inc. from Hold to Buy and set a new target price of $275.00 for the shares. The move comes as Wall Street brokerages maintain a positive consensus on the environmental services provider, with MarketBeat noting that out of 21 covering firms, 12 rate the stock as a buy and nine assign it a hold.

Target prices across Wall Street have seen upward momentum following the company's latest quarterly performance. Citigroup boosted its price objective on the shares from $259.00 to $281.00 with a buy recommendation, while Wells Fargo & Company lifted its target from $234.00 to $270.00 with an overweight rating. Across brokerages issuing ratings over the past year, the average 12-month target sits at $249.32.

Republic Services delivered quarterly financial results on Thursday, October 29th, that topped consensus estimates. Earnings per share arrived at $1.94, edging past expectations of $1.93 and rising from $1.90 reported during the identical period a year earlier. Revenue expanded 8.2% year over year to reach $4.56 billion, surpassing the consensus forecast of $4.42 billion. The business achieved a net margin of 12.93% and a return on equity of 18.56%.

Shareholders will also receive a quarterly dividend payment of $0.67 per share on Friday, January 15th, distributed to investors of record as of Monday, January 4th. This equates to an annualized payout of $2.68 per share and provides a dividend yield of approximately 1.1%.

Separately, Republic Services highlighted its consumer education efforts ahead of America Recycles Day. The company processed nearly 5 million tons of materials across 80 recycling facilities in North America in 2025. Through its Polymer Centers, facilities can reprocess a plastic bottle as many as seven times, though the firm stated that just 3 out of 10 plastic water bottles currently enter the domestic recycling system.