Casella Waste Stock Price, News & Analysis

Casella Waste Systems (NASDAQ: CWST) announced a significant leadership transition, with current Chairman and CEO John Casella moving to the role of Executive Chairman, while President Ned Coletta will assume the position of CEO effective January 1, 2026.

John Casella, who joined the company in 1976, will continue to serve as Chair of the Board and support the company's strategic development in his new role. Ned Coletta, who joined Casella in 2004, brings extensive experience from various leadership positions within the company, including President and CFO roles. He holds an MBA from Dartmouth's Tuck School of Business and a BS from Brown University.

Casella Waste Systems (NASDAQ:CWST) has announced the pricing of its remarketed Finance Authority of Maine Solid Waste Disposal Revenue Bonds. The company will remarket $29.0 million of bonds and redeem $1.0 million with cash on hand on August 1, 2025.

The remarketed bonds, to be designated as Series 2015R-3, will carry a 5.000% interest rate for the period from August 1, 2025, to July 31, 2035. The bonds, guaranteed by substantially all of Casella's subsidiaries, will be offered exclusively to qualified institutional buyers under Rule 144A.

These bonds are not general obligations of the Finance Authority of Maine or the State of Maine, and are payable solely from amounts received from Casella under the indenture terms.

Casella Waste Systems (NASDAQ: CWST) reported its Q2 2025 financial results, with revenues reaching $465.3 million, up 23.4% year-over-year. The company's solid waste pricing increased by 5.0%, featuring 4.9% collection price growth and 5.8% disposal price growth.

Despite revenue growth, net income decreased by 25.7% to $5.2 million. However, Adjusted EBITDA rose 19.5% to $109.5 million, and year-to-date Adjusted Free Cash Flow increased to $70.8 million. The company completed six acquisitions year-to-date with approximately $90 million in annualized revenue.

CWST updated its fiscal year 2025 guidance, raising revenue expectations to $1.820-1.840 billion and adjusting net income projections to $8-18 million. The company reaffirmed its Adjusted EBITDA guidance of $410-425 million.

Casella Waste Systems (NASDAQ:CWST) has announced the remarketing of $29.0 million in Finance Authority of Maine Solid Waste Disposal Revenue Bonds. The company plans to redeem $1.0 million of the original $30.0 million aggregate principal amount on August 1, 2025, with the remaining bonds to be remarketed on the same date.

The Bonds, set to mature on August 1, 2035, will undergo mandatory tender and remarketing due to the expiration of their current interest rate period on July 31, 2025. The remarketed bonds will be designated as Series 2015R-3 and will only be offered to qualified institutional buyers under Rule 144A. The bonds are guaranteed by Casella's subsidiaries but do not constitute a general obligation of the Finance Authority of Maine or the State of Maine.

Casella Waste Systems (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, has scheduled its Q2 2025 earnings conference call. The company will release financial results for the quarter ended June 30, 2025, after market close on Thursday, July 31, 2025.

The conference call will be held on Friday, August 1, 2025, at 10:00 a.m. Eastern Time. Investors can access the call through registration for dial-in details or via webcast on the company's investor relations website. A replay will be available on the website following the call.

Casella Waste Systems (NASDAQ:CWST) has signed an agreement to acquire Mountain State Waste, a multi-state waste management company operating across West Virginia, Ohio, Pennsylvania, and Kentucky. The acquisition, expected to close in Q4 2025, will generate approximately $30 million in annualized revenues.

The strategic acquisition includes multiple hauling operations and a transfer station, providing Casella with geographic expansion into West Virginia's franchise markets. Mountain State Waste's founders Randie Lawson and J.P. Phillips built the company's reputation for reliable service and community engagement, with J.P. Phillips joining Casella to support future growth initiatives.

Casella Waste Systems (NASDAQ: CWST) will celebrate its 50th anniversary by ringing the Nasdaq Opening Bell on June 17, 2025. Founded in 1975 as a single truck service, Casella has evolved into a comprehensive waste management company serving over 1 million customers across 10 eastern states and providing resource management services in 40+ states. The company established Vermont's first recycling facility in 1977 and has been recognized for its climate leadership, with its services preventing an estimated 5.6 tons of greenhouse gas emissions for every ton emitted through operations. The bell ringing ceremony, coinciding with Global Garbageman Day, will feature Chairman and CEO John W. Casella, President Ned Coletta, and other leadership team members, highlighting the contributions of its 5,000+ employees.

Casella Waste Systems (NASDAQ: CWST) announced that three of its drivers have been recognized by the National Waste & Recycling Association (NWRA) in their annual Drivers and Operators of the Year program. The honored drivers include Frank Corl (Regional Commercial Driver of the Year), Juan Caraballo (Regional Commercial Honorable Mention), and Daniel Hale (Regional Roll Off Honorable Mention). These drivers were selected from a pool of 141,000 refuse truck operators nationwide based on their safety records, service excellence, and route difficulty. Frank Corl brings 30+ years of experience, Juan Caraballo has served for 20+ years, and Daniel Hale contributes 25+ years of professional driving expertise. All three were celebrated at WasteExpo in Las Vegas on May 5, 2025.

Casella Waste Systems (NASDAQ: CWST) has unveiled its upgraded Willimantic, Connecticut materials recovery facility (MRF) with $20 million in new investments. The modernized facility features state-of-the-art sorting systems and enhanced infrastructure, enabling it to double its annual recycling capacity from 60,000 tons. Key improvements include new sorting technology, power infrastructure, lighting, tipping floor replacement, pavement, and enhanced fire suppression. Through a partnership with Eversource, the facility has implemented energy efficiency solutions to minimize power usage. This upgrade is part of Casella's broader $50 million investment in Resource Solutions operations over the past three years. The company celebrated the reopening with local officials and presented a donation to UConn's Office of Sustainability for a zero-waste coordinator fellowship.