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NYSE:WM

Waste Management Stock Forecast, Price & News

$106.96
-3.67 (-3.32 %)
(As of 10/28/2020 12:00 AM ET)
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Today's Range
$106.75
Now: $106.96
$109.82
50-Day Range
$110.46
MA: $114.36
$117.07
52-Week Range
$85.34
Now: $106.96
$126.79
Volume1.88 million shs
Average Volume2.22 million shs
Market Capitalization$45.19 billion
P/E Ratio28.30
Dividend Yield1.97%
Beta0.72
Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. 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, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. As of December 31, 2019, the company owned or operated 244 solid waste landfills; 5 secure hazardous waste landfills; 103 MRFs; and 302 transfer stations. It also provides materials processing and commodities recycling services; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. Further, it offers fluorescent bulb and universal waste mail-back services through LampTracker program; portable restroom services under the Port-o-Let name; and street and parking lot sweeping services, as well as holds interests in oil and gas producing properties. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is based in Houston, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 2.6Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.91 out of 5 stars

Industry, Sector and Symbol

Industry Refuse systems
Sub-IndustryEnvironmental & Facilities Services
CUSIP94106L10
Phone713-512-6200
Employees44,900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$15.46 billion
Cash Flow$7.88 per share
Book Value$16.67 per share

Profitability

Net Income$1.67 billion

Miscellaneous

Market Cap$45.19 billion
Next Earnings Date11/2/2020 (Confirmed)
OptionableOptionable
$106.96
-3.67 (-3.32 %)
(As of 10/28/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Waste Management (NYSE:WM) Frequently Asked Questions

How has Waste Management's stock price been impacted by Coronavirus (COVID-19)?

Waste Management's stock was trading at $109.97 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WM shares have decreased by 2.7% and is now trading at $106.96.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Waste Management?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waste Management in the last year. There are currently 2 sell ratings, 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Waste Management
.

When is Waste Management's next earnings date?

Waste Management is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Waste Management
.

How can I listen to Waste Management's earnings call?

Waste Management will be holding an earnings conference call on Monday, November 2nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Waste Management's earnings last quarter?

Waste Management, Inc. (NYSE:WM) released its quarterly earnings data on Thursday, July, 30th. The business services provider reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.07. The business services provider had revenue of $3.56 billion for the quarter, compared to the consensus estimate of $3.50 billion. Waste Management had a return on equity of 25.84% and a net margin of 10.66%.
View Waste Management's earnings history
.

How often does Waste Management pay dividends? What is the dividend yield for Waste Management?

Waste Management announced a quarterly dividend on Tuesday, August 18th. Shareholders of record on Friday, September 4th will be given a dividend of $0.545 per share on Friday, September 18th. This represents a $2.18 annualized dividend and a dividend yield of 2.04%. The ex-dividend date of this dividend is Thursday, September 3rd.
View Waste Management's dividend history
.

How will Waste Management's stock buyback program work?

Waste Management declared that its board has authorized a share repurchase program on Thursday, December 13th 2018, which permits the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 3.9% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

What price target have analysts set for WM?

16 brokerages have issued 12 month price objectives for Waste Management's stock. Their forecasts range from $99.00 to $130.00. On average, they anticipate Waste Management's stock price to reach $114.87 in the next year. This suggests a possible upside of 7.4% from the stock's current price.
View analysts' price targets for Waste Management
.

Are investors shorting Waste Management?

Waste Management saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 3,650,000 shares, an increase of 11.6% from the September 30th total of 3,270,000 shares. Based on an average trading volume of 1,510,000 shares, the short-interest ratio is currently 2.4 days. Approximately 0.9% of the company's shares are short sold.
View Waste Management's Short Interest
.

Who are some of Waste Management's key competitors?

What other stocks do shareholders of Waste Management own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Waste Management investors own include Johnson & Johnson (JNJ), NVIDIA (NVDA), AT&T (T), The Walt Disney (DIS), AbbVie (ABBV), Home Depot (HD), Verizon Communications (VZ), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM) and Walmart (WMT).

Who are Waste Management's key executives?

Waste Management's management team includes the following people:
  • Mr. James C. Fish Jr., Pres, CEO & Director (Age 58, Pay $3.04M)
  • Ms. Devina A. Rankin, Exec. VP & CFO (Age 44, Pay $1.27M)
  • Mr. John J. Morris Jr., Exec. VP & COO (Age 50, Pay $1.45M)
  • Ms. Tara J. Hemmer, Sr. VP of Operations (Age 47, Pay $1.05M)
  • Mr. Steven R. Batchelor, Sr. VP of Operations (Age 62, Pay $1.04M)

What is Waste Management's stock symbol?

Waste Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "WM."

Who are Waste Management's major shareholders?

Waste Management's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Candriam Luxembourg S.C.A. (0.14%), Envestnet Asset Management Inc. (0.12%), AMI Asset Management Corp (0.11%), Retirement Systems of Alabama (0.09%), Robecosam AG (0.08%) and Gateway Investment Advisers LLC (0.07%). Company insiders that own Waste Management stock include Charles C Boettcher, Devina A Rankin, Frank M Clark, James C Fish Jr, Jeff M Harris, John C Pope, John J Morris, Leslie K Nagy, Michael J Watson, Patrick W Gross, Steve Batchelor and Tara J Hmmer.
View institutional ownership trends for Waste Management
.

Which major investors are selling Waste Management stock?

WM stock was sold by a variety of institutional investors in the last quarter, including Ziegler Capital Management LLC, KBC Group NV, Forsta AP Fonden, Aptus Capital Advisors LLC, Standard Life Aberdeen plc, Scott & Selber Inc., Redpoint Investment Management Pty Ltd, and Nissay Asset Management Corp Japan ADV. Company insiders that have sold Waste Management company stock in the last year include Charles C Boettcher, Devina A Rankin, Frank M Clark, James C Fish Jr, John C Pope, John J Morris, Leslie K Nagy, Michael J Watson, Steve Batchelor, and Tara J Hmmer.
View insider buying and selling activity for Waste Management
.

Which major investors are buying Waste Management stock?

WM stock was acquired by a variety of institutional investors in the last quarter, including Locust Wood Capital Advisers LLC, Robecosam AG, Candriam Luxembourg S.C.A., Calamos Advisors LLC, Envestnet Asset Management Inc., Hall Laurie J Trustee, AMI Asset Management Corp, and Harbour Investment Management LLC.
View insider buying and selling activity for Waste Management
.

How do I buy shares of Waste Management?

Shares of WM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Waste Management's stock price today?

One share of WM stock can currently be purchased for approximately $106.96.

How big of a company is Waste Management?

Waste Management has a market capitalization of $45.19 billion and generates $15.46 billion in revenue each year. The business services provider earns $1.67 billion in net income (profit) each year or $4.40 on an earnings per share basis. Waste Management employs 44,900 workers across the globe.

What is Waste Management's official website?

The official website for Waste Management is www.wm.com.

How can I contact Waste Management?

Waste Management's mailing address is 1001 FANNIN STREET, HOUSTON TX, 77002. The business services provider can be reached via phone at 713-512-6200 or via email at [email protected]

This page was last updated on 10/29/2020 by MarketBeat.com Staff

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