Q2 EPS Forecast for Waste Management Reduced by Analyst

Waste Management, Inc. (NYSE:WM - Free Report) - Equities research analysts at National Bank Financial decreased their Q2 2025 earnings per share (EPS) estimates for shares of Waste Management in a note issued to investors on Wednesday, June 25th. National Bank Financial analyst M. Doumet now expects that the business services provider will earn $1.88 per share for the quarter, down from their previous forecast of $1.90. National Bank Financial has a "Hold" rating on the stock. The consensus estimate for Waste Management's current full-year earnings is $7.70 per share. National Bank Financial also issued estimates for Waste Management's Q4 2025 earnings at $2.03 EPS, FY2025 earnings at $7.68 EPS and FY2026 earnings at $8.77 EPS.

Several other research firms have also issued reports on WM. Melius initiated coverage on shares of Waste Management in a research report on Monday, June 9th. They issued a "buy" rating for the company. William Blair reissued an "outperform" rating on shares of Waste Management in a report on Wednesday. Scotiabank raised their target price on Waste Management from $255.00 to $260.00 and gave the stock a "sector outperform" rating in a research report on Tuesday, April 8th. Wall Street Zen upgraded Waste Management from a "hold" rating to a "buy" rating in a research report on Tuesday, April 29th. Finally, UBS Group lifted their price objective on Waste Management from $240.00 to $250.00 and gave the company a "neutral" rating in a report on Wednesday, April 30th. Eight research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, Waste Management has a consensus rating of "Moderate Buy" and an average target price of $250.71.

Waste Management Trading Down 0.8%

Shares of WM stock opened at $226.86 on Friday. The company has a debt-to-equity ratio of 2.65, a quick ratio of 0.79 and a current ratio of 0.83. The firm has a fifty day moving average of $233.08 and a 200-day moving average of $224.30. Waste Management has a 52-week low of $196.59 and a 52-week high of $242.58. The stock has a market cap of $91.29 billion, a price-to-earnings ratio of 34.22, a P/E/G ratio of 3.02 and a beta of 0.66.

Waste Management (NYSE:WM - Get Free Report) last issued its earnings results on Monday, April 28th. The business services provider reported $1.67 EPS for the quarter, beating analysts' consensus estimates of $1.59 by $0.08. Waste Management had a return on equity of 35.67% and a net margin of 11.67%. The business had revenue of $6.02 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the prior year, the company posted $1.75 earnings per share. Waste Management's revenue was up 16.7% on a year-over-year basis.

Hedge Funds Weigh In On Waste Management

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in shares of Waste Management by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 37,300,278 shares of the business services provider's stock valued at $7,526,823,000 after acquiring an additional 538,567 shares during the last quarter. Geode Capital Management LLC grew its holdings in Waste Management by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 8,210,371 shares of the business services provider's stock valued at $1,654,173,000 after purchasing an additional 64,260 shares during the period. Parnassus Investments LLC increased its stake in Waste Management by 22.5% in the fourth quarter. Parnassus Investments LLC now owns 6,272,009 shares of the business services provider's stock valued at $1,265,629,000 after purchasing an additional 1,151,237 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Waste Management by 30.4% in the first quarter. Ameriprise Financial Inc. now owns 5,316,443 shares of the business services provider's stock worth $1,233,240,000 after purchasing an additional 1,239,996 shares during the period. Finally, Norges Bank bought a new position in shares of Waste Management during the fourth quarter worth $1,009,726,000. Institutional investors and hedge funds own 80.40% of the company's stock.

Insider Activity at Waste Management

In other Waste Management news, SVP Rafael Carrasco sold 674 shares of the firm's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $236.81, for a total value of $159,609.94. Following the transaction, the senior vice president now directly owns 16,542 shares of the company's stock, valued at approximately $3,917,311.02. This trade represents a 3.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Devina A. Rankin sold 57,888 shares of the company's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $237.36, for a total transaction of $13,740,295.68. Following the sale, the chief financial officer now owns 83,934 shares of the company's stock, valued at $19,922,574.24. The trade was a 40.82% decrease in their position. The disclosure for this sale can be found here. 0.18% of the stock is owned by company insiders.

Waste Management Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Friday, June 6th were paid a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a dividend yield of 1.45%. The ex-dividend date was Friday, June 6th. Waste Management's dividend payout ratio (DPR) is presently 49.77%.

Waste Management Company Profile

Waste Management, Inc, through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity.

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