Republic Services (RSG) Receives a New Rating from Seaport Global
Seaport Global analyst John Mazzoni initiated coverage with a Buy rating on Republic Services (RSG – Research Report) today and set a price target of $270.00. The company's shares closed yesterday at $248.58.
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Mazzoni covers the Industrials sector, focusing on stocks such as GFL Environmental, Republic Services, and Waste Connections. According to TipRanks, Mazzoni has an average return of 26.6% and a 90.00% success rate on recommended stocks.
In addition to Seaport Global, Republic Services also received a Buy from Citi's Bryan Burgmeier in a report issued on April 29. However, on April 28, TD Cowen maintained a Hold rating on Republic Services (NYSE: RSG).
Based on Republic Services' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $4.01 billion and a net profit of $495 million. In comparison, last year the company earned a revenue of $3.86 billion and had a net profit of $453.8 million
Based on the recent corporate insider activity of 75 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RSG in relation to earlier this year. Most recently, in February 2025, Brummer Gregg, the EVP & COO of RSG sold 7,879.00 shares for a total of $1,798,540.12.
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