Secure Waste Infrastructure Corp (SES)

Currency in CAD
24.28
-0.01(-0.04%)
Real-time Data·
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Fair Value
Day's Range
24.0724.49
52 wk Range
15.4424.85
Key Statistics
Prev. Close
24.29
Open
24.49
Day's Range
24.07-24.49
52 wk Range
15.44-24.85
Volume
60.67K
Average Volume (3m)
777.39K
1-Year Change
47.3301%
Book Value / Share
3.69
Fair Value
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Fair Value Upside
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SES Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
24.31
Upside
+0.11%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high earnings multiple
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

1 Buy
6 Hold
0 Sell
Ratings:
7 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 24.31
(+0.11% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
RBC Capital
Hold24.00-1.15%23.00MaintainJul 30, 2026
Stifel
Hold23.25-4.24%23.00MaintainApr 30, 2026
RBC Capital
Hold23.00-5.27%21.00MaintainApr 28, 2026
BMO Capital
Hold24.75+1.94%20.00MaintainApr 14, 2026
Raymond James
Hold24.75+1.94%22.00DowngradeApr 14, 2026

Secure Waste Infrastructure Corp Earnings Call Summary for Q1/2026

  • Adjusted EBITDA rose 13% YoY to CAD 137M on revenue of CAD 383M, with EBITDA margin reaching 36% in Q1 2026.
  • Company raised dividend 5% to CAD 0.105/share and increased growth capital budget to CAD 100M targeting 20% after-tax IRRs.
  • Updated 2026 EBITDA guidance trending toward high end of range, supported by stronger-than-expected oil prices.
  • Strategic focus on high-margin waste streams and Montney infrastructure projects driving profitability despite commodity volatility.
  • Management expressed confidence in volume growth throughout year, citing competitive advantage in landfill infrastructure.
Last Updated: 05/09/2026, 10:36 PM
Read Full Transcript

Earnings

Latest Release
Jul 29, 2026
EPS / Forecast
0.20 / 0.18
Revenue / Forecast
422M / 367.18M
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.59%
Dividend Yield
1.76%
Industry Median 0.85%
Annualized payout
0.42
Paid quarterly
5-Years Growth
+68.71%
Growth Streak

SES Income Statement

Compare SES to Peers and Sector

Metrics to compare
SES
Peers
Sector
Relationship
P/E Ratio
39.9x32.5x5.7x
PEG Ratio
−1.33−0.930.00
Price/Book
6.5x3.0x1.1x
Price / LTM Sales
3.4x3.9x1.4x
Upside (Analyst Target)
2.4%16.3%26.6%
Fair Value Upside
Unlock−3.8%6.6%Unlock

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 residual waste; specialty chemical solutions are used to enhance processing efficiency and reduce waste intensity; metal recycling, drilling waste management, water disposal, and landfill disposal; and integrated network includes waste transfer stations, waste processing facilities, produced water pipelines, metals recycling, industrial landfills, generating highly recurring, infrastructure-driven cash flows supported by significant regulatory and capital barriers to entry. The Energy Infrastructure segment consists of crude oil terminals, storage facilities, and pipeline-connected infrastructure that optimize, store, and move crude oil and natural gas liquids to market, including value-added crude oil and NGL marketing and optimization activities such as buying, selling, blending, and storage. This segment also provides collection, processing, recovery, recycling and disposal of waste streams generated by its energy and industrial customers and the gathering, optimization, terminalling and storage of crude oil and natural gas liquids. The company was formerly known as Secure Energy Services Inc. and changed its name to SECURE Waste Infrastructure Corp. in January 2025. SECURE Waste Infrastructure Corp. was founded in 2007 and is headquartered in Calgary, Canada.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
66.19M30.36%1.58B
Other Institutional Investors
64.35M29.51%1.54B
Public Companies & Retail Investors
87.50M40.13%2.09B
Total
218.03M100.00%5.21B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Solus Alternative Asset Management LP10.72%23,367,644558,253
Angelo, Gordon & Co., L.P.8.93%19,480,364465,386

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FAQ

What Is the Secure Waste Infra (SES) Stock Price Today?

The Secure Waste Infra stock price today is 24.28 CAD.

What Stock Exchange Does Secure Waste Infra Trade On?

Secure Waste Infra is listed and trades on the Toronto Stock Exchange.

What Is the Stock Symbol for Secure Waste Infra?

The stock symbol for Secure Waste Infra is "SES."

Does Secure Waste Infra Pay Dividends? What’s The Current Dividend Yield?

The Secure Waste Infra dividend yield is 1.76%.

What Is the Secure Waste Infra Market Cap?

As of today, Secure Waste Infra market cap is 5.29B CAD.

What Is Secure Waste Infra's Earnings Per Share (TTM)?

The Secure Waste Infra EPS (TTM) is 0.59.

When Is the Next Secure Waste Infra Earnings Date?

Secure Waste Infra will release its next earnings report on Nov 04, 2026.

From a Technical Analysis Perspective, Is SES a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Secure Waste Infra Stock Split?

Secure Waste Infra has split 0 times.

How Many Employees Does Secure Waste Infra Have?

Secure Waste Infra has 1937 employees.

What is the current trading status of Secure Waste Infra (SES)?

As of Aug 14, 2026, Secure Waste Infra (SES) is trading at a price of 24.28 CAD, with a previous close of 24.29 CAD. The stock has fluctuated within a day range of 24.07 CAD to 24.49 CAD, while its 52-week range spans from 15.44 CAD to 24.85 CAD.

What Is Secure Waste Infra (SES) Price Target According to Analysts?

The average 12-month price target for Secure Waste Infra is 24.31 CAD, with a high estimate of 24.75 CAD and a low estimate of 23 CAD. 1 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Neutral. The stock has an +0.11% Upside potential.
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