Waste Connections, Inc. (WCN) Stock Price & Analysis

Waste Connections, Inc. (WCN) closed at USD 184.88 on Thursday, October 22, 2026, up 9.87% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 184.88; the Oct 22, 2026 session ranged USD 170.99–186.93 on volume of 5,315,843 shares. Market capitalization is —, with a 52-week range of USD 146.89–186.93 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:01 UTC.

Also available as compact Markdown for AI agents: nexqual.com/WCN.md

Key facts (WCN)

• Last four reported quarters (through Sep 30, 2026): revenue $9.94B, net income $1.13B (11.4% margin), free cash flow $1.25B (SEC filings).
• 1 of 80 tracked superinvestors hold WCN (13F, Q2 2026): 0 new, 0 added, 0 reduced, 1 unchanged.
• Insider open-market sales, last ~7 months: 11 Form 4 filings, $4.4M; 11 not under a Rule 10b5-1 plan ($4.4M); 7 by opportunistic insiders (7 outside 10b5-1 plans), 1 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
• Insider open-market purchases, last ~7 months: 1 Form 4 filing, $7.6M; 0 by opportunistic insiders, 0 by routine insiders.
• Analysts: Buy (mean 1.93 on a 1–5 scale) (27 analysts), mean target USD 202.48 (range 170–225).
• Total return with dividends: 1Y +5.2% vs S&P 500 +14.9%; 5Y +42.6% vs S&P 500 +80.3%.
• Next earnings: 2026-10-21, EPS estimate USD 1.39, revenue estimate $2.53B.

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (WCN)

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Sep 30, 2026) (WCN)

P/E at fiscal year-ends: Dec 2025 42.0x, Dec 2024 71.9x, Dec 2023 50.5x.

Superinvestors (SEC 13F-HR, Q2 2026) (WCN)

1 of 80 tracked investors hold WCN. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

Insider sales (SEC Form 4, open-market, last ~7 months) (WCN)

0 of 11 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Insider purchases (SEC Form 4, open-market, last ~7 months) (WCN)

1 purchase, $7.6M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.

Analysts (WCN)

Consensus Buy (mean 1.93 on a 1–5 scale), 27 analysts; mean target USD 202.48 (low 170, high 225).

Rating changes, last 120 days:

Total return (dividends reinvested) (WCN)

WCN revenue by business segment (quarter ended Sep 30, 2026)

WCN revenue by product line (quarter ended Sep 30, 2026)

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

WCN suppliers, customers and competitors (named in its 10-K)

Quoted from the company's 10-K filed Feb 12, 2026.

WCN company outlook (results filed Oct 21, 2026)

• “Outlook ​ Waste Connections also updated its outlook for 2026, which assumes no change in the current economic environment or underlying economic trends.”
• “The Company's outlook excludes any impact from additional acquisitions that may close during the year, and expensing of transaction-related items.”
• “Certain components of the outlook for 2026 are subject to quarterly fluctuations.”

Quoted word-for-word from the SEC 8-K results press release.

WCN analyst estimates and revisions

Key Statistics (as of October 23, 2026 at 10:01 UTC)

Technical Analysis (WCN)

Nexqual's technical model rates WCN "BUY" based on 5 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 10:01 UTC.

Analyst Ratings (WCN)

Wall Street analysts rate WCN "Buy" based on 27 analysts, with a mean price target of USD 202.48 (range USD 170–225), per Nexqual as of October 23, 2026 at 10:01 UTC.

Earnings (WCN)

Recent Earnings History

Source: Nexqual, October 23, 2026 at 10:01 UTC.

Financials & Fundamentals (WCN)

Source: Nexqual, October 23, 2026 at 10:01 UTC.

Ownership (WCN)

Source: Nexqual, October 23, 2026 at 10:01 UTC.

Leadership (WCN)

Waste Connections, Inc. is led by Ronald J. Mittelstaedt, Founder, CEO, President & Director, per Nexqual as of October 23, 2026 at 10:01 UTC.

Major Backers & Investors (WCN)

Notable institutional backers of Waste Connections, Inc. include Royal Bank of Canada, Bank of Montreal /CAN/, 1832 Asset Management L.P., according to Nexqual as of October 23, 2026 at 10:01 UTC.

Active Investors

Index Funds (Passive)

Source: Nexqual, October 23, 2026 at 10:01 UTC.

From Waste Connections, Inc.'s Latest SEC 10-K Filing (filed 2026-02-12)

Key Strengths & Strategy (as disclosed to the SEC)

• We have developed an acquisition discipline based on a set of financial, market and management criteria to evaluate opportunities.

Partnerships

• Between graduates of our scholarship program and our targeted recruiting efforts for other WyoTech graduates not affiliated with our program, this partnership has produced approximately 70 technicians now employed at various Waste Connections locations.

Legal & Regulatory Risks (Item 1A, quoted)

• Increased regulation of GHG emissions from oil and natural gas E&P operations may also increase the costs to our customers of developing and producing hydrocarbons, and as a result, may have an indirect and adverse effect on the amount of oilfield waste delivered to our facilities by our customers.
• We may be subject in the normal course of business to judicial, administrative or other third-party proceedings that could interrupt or limit our operations, require expensive remediation, result in adverse judgments, settlements or fines and create negative publicity, which could damage our reputation.
• We may be liable for any environmental damage that our current or former operations cause, including damage to neighboring landowners or residents, particularly as a result of the contamination of soil, groundwater or surface water, and especially drinking water, or to natural resources.
• We may also be liable for any on-site environmental contamination caused by pollutants or hazardous substances the transportation, treatment or disposal of which we or our predecessors arranged or conducted.

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:01 UTC. This page is informational and not investment advice.

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