Waste Management (WM) to Release Quarterly Earnings on Monday

Waste Management (NYSE:WM - Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data after the market closes on Monday, July 28th. Analysts expect the company to announce earnings of $1.90 per share and revenue of $6.37 billion for the quarter. Waste Management has set its FY 2025 guidance at EPS.

Waste Management (NYSE:WM - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The business services provider reported $1.67 EPS for the quarter, beating the consensus estimate of $1.59 by $0.08. Waste Management had a return on equity of 35.67% and a net margin of 11.67%. The company had revenue of $6.02 billion for the quarter, compared to analysts' expectations of $6.14 billion. During the same period last year, the firm posted $1.75 earnings per share. Waste Management's revenue was up 16.7% compared to the same quarter last year. On average, analysts expect Waste Management to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Waste Management Trading Up 0.6%

Waste Management stock opened at $227.13 on Monday. The company has a debt-to-equity ratio of 2.65, a current ratio of 0.83 and a quick ratio of 0.79. Waste Management has a one year low of $196.59 and a one year high of $242.58. The stock has a market capitalization of $91.40 billion, a PE ratio of 34.26, a price-to-earnings-growth ratio of 2.82 and a beta of 0.64. The business's fifty day moving average is $231.54 and its 200 day moving average is $226.73.

Waste Management Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Scotiabank increased their price objective on shares of Waste Management from $260.00 to $265.00 and gave the stock a "sector outperform" rating in a research note on Friday, June 27th. Oppenheimer increased their price objective on shares of Waste Management from $255.00 to $260.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 9th. JPMorgan Chase & Co. upgraded shares of Waste Management from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $225.00 to $277.00 in a research note on Friday, May 23rd. William Blair reiterated an "outperform" rating on shares of Waste Management in a research note on Wednesday, June 25th. Finally, HSBC upgraded shares of Waste Management from a "hold" rating to a "buy" rating and increased their price objective for the stock from $210.00 to $265.00 in a research note on Friday, April 25th. Eight analysts have rated the stock with a hold rating, thirteen have given a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, Waste Management has a consensus rating of "Moderate Buy" and an average target price of $251.29.

Insider Activity at Waste Management

In related news, SVP Rafael Carrasco sold 674 shares of Waste Management stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $236.81, for a total transaction of $159,609.94. Following the sale, the senior vice president owned 16,542 shares of the company's stock, valued at approximately $3,917,311.02. This trade represents a 3.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Devina A. Rankin sold 57,888 shares of Waste Management stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $237.36, for a total value of $13,740,295.68. Following the completion of the sale, the chief financial officer directly owned 83,934 shares in the company, valued at approximately $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 currently owned by company insiders.

Institutional Trading of Waste Management

A hedge fund recently raised its stake in Waste Management stock. Brighton Jones LLC lifted its stake in Waste Management, Inc. (NYSE:WM - Free Report) by 51.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,861 shares of the business services provider's stock after purchasing an additional 2,320 shares during the quarter. Brighton Jones LLC's holdings in Waste Management were worth $1,384,000 at the end of the most recent reporting period. 80.40% of the stock is owned by institutional investors.

About Waste Management

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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