SECURE Waste Infrastructure Corp. (TSX:SES)
Canada · Delayed Price · Currency is CAD | Market Cap | 4.73B +42.8% |
| Revenue (ttm) | 1.48B +3.6% |
| Net Income | 120.00M -39.4% |
| EPS | 0.54 -33.4% |
| Shares Out | 218.03M |
| PE Ratio | 40.28 |
| Forward PE | 22.62 |
| Dividend | 0.42 (1.94%) |
| Ex-Dividend Date | Apr 1, 2026 |
| Volume | 208,170 |
| Open | 21.46 |
| Previous Close | 21.60 |
| Day's Range | 21.45 - 21.75 |
| 52-Week Range | 14.90 - 23.90 |
| Beta | 0.72 |
| Analysts | Hold |
| Price Target | 23.69 (+9.27%) |
| Earnings Date | Jul 27, 2026 |
About TSX:SES
SECURE Waste Infrastructure Corp. engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. The company operates through two segments: Waste Management and Energy Infrastructure. The Waste Management segment manages a network of permitted processing, recovery, and disposal infrastructure, optimizing the handling of hazardous and non-hazardous liquids, solids, emulsions, and industrial by-products, enabling recycling of metals and recovered oil, and offering compliant long-term solutions for ... [Read more]
Financial Performance
In 2025, TSX:SES's revenue was 1.47 billion, an increase of 3.59% compared to the previous year's 1.42 billion. Earnings were 123.00 million, a decrease of -78.87%.
Financial StatementsAnalyst Summary
According to 7 analysts, the average rating for SES stock is "Hold." The 12-month stock price target is $23.69, which is an increase of 9.27% from the latest price.
News
Secure Waste shareholders approve transaction with GFL Environmental
Secure Waste Infrastructure (SECYF) announced that Secure shareholders have overwhelmingly voted in favour of the previously announced transaction with GFL Environmental (GFL) at the corporation’s spe...
SECURE Waste Infrastructure Transcript: EGM 2026
Shareholders approved a special resolution for GFL Environmental Inc. to acquire all outstanding shares, meeting both required voting thresholds. Final results will be released via press and regulatory filings.
Secure Waste price target raised to C$23.25 from C$23 at Stifel
Stifel raised the firm’s price target on Secure Waste (SECYF) to C$23.25 from C$23 and keeps a Hold rating on the shares.
Secure Waste price target raised to C$24 from C$21 at Scotiabank
Scotiabank raised the firm’s price target on Secure Waste (SECYF) to C$24 from C$21 and keeps a Sector Perform rating on the shares.
SECURE Waste Infrastructure Transcript: AGM 2026
The meeting covered strong Q1 performance, elected eight directors, reappointed KPMG LLP as auditors, and approved the executive compensation advisory vote. Shareholders were invited to submit questions after formal business.
SECURE Waste Infrastructure Earnings Call Transcript: Q1 2026
Q1 2026 saw strong Adjusted EBITDA growth and stable margins, driven by resilient waste and metals segments. The GFL transaction offers immediate value and future upside, with increased growth capital targeting infrastructure expansion.
SECURE Waste Infrastructure Earnings release: Q1 2026
SECURE Waste Infrastructure released its Q1 2026 earnings on April 30, 2026, summarizing the period's financial results.
SECURE Waste Infrastructure Slides: Q1 2026
SECURE Waste Infrastructure has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 30, 2026.
Secure Waste price target raised to C$23 from C$21 at RBC Capital
RBC Capital raised the firm’s price target on Secure Waste (SECYF) to C$23 from C$21 and keeps a Sector Perform rating on the shares.
Abrams Capital acquires additional shares of Secure Waste
Abrams Capital Management, a significant holder of common shares of SECURE Waste Infrastructure (SECYF), announces that on April 17, funds managed by it acquired an aggregate of 160,000 Common Shares…
Abrams Capital Acquires Additional Shares of SECURE Waste Infrastructure Corp.
BOSTON--(BUSINESS WIRE)--Abrams Capital Management, L.P. (“Abrams Capital”), a significant holder of common shares (“Common Shares”) of SECURE Waste Infrastructure Corp. (TSX: SES) (“SECURE”), announc...
Secure Waste price target raised to C$24.75 from C$20 at BMO Capital
BMO Capital raised the firm’s price target on Secure Waste (SECYF) to C$24.75 from C$20 and keeps a Market Perform rating on the shares.
Secure Waste downgraded to Hold from Buy at Stifel
Stifel analyst Ian Gillies downgraded Secure Waste (SECYF) to Hold from Buy with a price target of C$23, down from C$26, after the company reached an agreement to be acquired…
Secure Waste downgraded to Market Perform from Outperform at Raymond James
Raymond James analyst Steve Hansen downgraded Secure Waste (SECYF) to Market Perform from Outperform with a price target of C$24.75, up from C$22, after the company reached an agreement to…
SECURE Waste Infrastructure Transcript: M&A announcement
The acquisition of a major Western Canadian waste management provider for CAD 6.4 billion is expected to be highly accretive, leverage-neutral, and deliver significant synergies and growth opportunities. Integration risk is low, regulatory approval is anticipated, and the deal accelerates financial targets and index inclusion prospects.
SECURE Waste Infrastructure Press release: M&A announcement
SECURE Waste Infrastructure issued a press release on April 13, 2026, disclosing material business information to investors.
SECURE Waste Infrastructure Slides: M&A announcement
SECURE Waste Infrastructure has posted slides in relation to its latest quarterly earnings report, which was published on April 13, 2026.
GFL close to deal to purchase Secure Waste for over $4.3B, Bloomberg says
GFL Environmental (GFL) is planning to acquire Canada’s Secure Waste Infrastructure (SECYF) in a transaction valued over $4.3B including debt, with the deal expected to be structured with roughly 20%…
Secure Waste price target raised to C$21 from C$20 at Scotiabank
Scotiabank analyst Konark Gupta raised the firm’s price target on Secure Waste (SECYF) to C$21 from C$20 and keeps a Sector Perform rating on the shares.
Secure Waste price target raised to C$21 from C$18 at RBC Capital
RBC Capital analyst Arthur Nagorny raised the firm’s price target on Secure Waste (SECYF) to C$21 from C$18 and keeps a Sector Perform rating on the shares. Published first on…
Secure Waste price target raised to C$20 from C$19 at BMO Capital
BMO Capital raised the firm’s price target on Secure Waste (SECYF) to C$20 from C$19 and keeps a Market Perform rating on the shares.
Secure Waste price target raised to C$26 from C$23.50 at Stifel
Stifel analyst Ian Gillies raised the firm’s price target on Secure Waste (SECYF) to C$26 from C$23.50 and keeps a Buy rating on the shares.
SECURE Waste Infrastructure Earnings Call Transcript: Q4 2025
Adjusted EBITDA grew 5% year-over-year to CAD 501 million in 2025, with strong cash flow and shareholder returns despite commodity volatility. 2026 guidance is CAD 520–550 million, supported by contracted infrastructure and a 5% dividend increase. Metal recycling headwinds are expected to ease as logistics normalize.
SECURE Waste Infrastructure Earnings release: Q4 2025
SECURE Waste Infrastructure released its Q4 2025 earnings on February 20, 2026, summarizing the period's financial results.
SECURE Waste Infrastructure Slides: Q4 2025
SECURE Waste Infrastructure has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 20, 2026.