NYSE:WM - Waste Management Stock Price, Forecast & News

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

Waste Management announced a quarterly dividend on Tuesday, November 19th. Investors of record on Friday, December 6th will be given a dividend of $0.512 per share on Friday, December 20th. This represents a $2.05 annualized dividend and a dividend yield of 1.71%. The ex-dividend date of this dividend is Thursday, December 5th. View Waste Management's Dividend History.

Waste Management declared that its board has initiated a stock repurchase program on Thursday, December 13th 2018, which allows the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 3.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its stock is undervalued.

Waste Management, Inc. (NYSE:WM) posted its quarterly earnings data on Wednesday, October, 23rd. The business services provider reported $1.19 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.14 by $0.05. The business services provider earned $3.97 billion during the quarter, compared to analyst estimates of $4 billion. Waste Management had a net margin of 11.35% and a return on equity of 28.63%. The business's revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.15 earnings per share. View Waste Management's Earnings History.

Waste Management is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Waste Management.

Waste Management will be holding an earnings conference call on Thursday, February 13th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Waste Management updated its FY19 earnings guidance on Wednesday, October, 23rd. The company provided EPS guidance of $4.28-4.38 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.30.

14 analysts have issued 1-year price objectives for Waste Management's stock. Their forecasts range from $106.00 to $130.00. On average, they anticipate Waste Management's share price to reach $121.42 in the next twelve months. This suggests a possible upside of 1.5% from the stock's current price. View Analyst Price Targets for Waste Management.

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

Headlines about WM stock have been trending positive recently, according to InfoTrie. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Waste Management earned a news impact score of 2.5 on InfoTrie's scale. They also assigned media headlines about the business services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Waste Management.

Waste Management saw a increase in short interest in December. As of December 13th, there was short interest totalling 5,210,000 shares, an increase of 16.6% from the November 28th total of 4,470,000 shares. Based on an average daily trading volume, of 1,870,000 shares, the days-to-cover ratio is currently 2.8 days. Approximately 1.2% of the company's stock are sold short. View Waste Management's Current Options Chain.

Some companies that are related to Waste Management include Republic Services (RSG), Rollins (ROL), Stericycle (SRCL), Tetra Tech (TTEK), Clean Harbors (CLH), ABM Industries (ABM), Casella Waste Systems (CWST), Covanta (CVA), US Ecology (ECOL), SP Plus (SP), Heritage-Crystal Clean (HCCI), Team (TISI), CECO Environmental (CECE), Acorn Energy (ACFN) and Metalico (MEA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Waste Management investors own include AT&T (T), NVIDIA (NVDA), Walt Disney (DIS), Verizon Communications (VZ), Johnson & Johnson (JNJ), Home Depot (HD), Visa (V), Cisco Systems (CSCO), AbbVie (ABBV) and Boeing (BA).

Waste Management's stock is owned by many different of retail and institutional investors. Top institutional investors include Johanson Financial Advisors Inc. (0.23%), PGGM Investments (0.15%), Gateway Investment Advisers LLC (0.07%), Calamos Advisors LLC (0.07%), Sabal Trust CO (0.07%) and Manning & Napier Group LLC (0.05%). Company insiders that own Waste Management stock include Barry H Caldwell, Charles C Boettcher, Devina A Rankin, James C Fish Jr, Jeff M Harris, John J Morris, Michael J Watson, Nikolaj H Sjoqvist, Patrick W Gross, Steve Batchelor and Tara J Hmmer. View Institutional Ownership Trends for Waste Management.

WM stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, TIAA FSB, Manning & Napier Group LLC, Howard Capital Management, Hexavest Inc., First Hawaiian Bank, OLD National Bancorp IN and Gateway Investment Advisers LLC. Company insiders that have sold Waste Management company stock in the last year include Charles C Boettcher, Devina A Rankin, James C Fish Jr, John J Morris, Michael J Watson, Patrick W Gross, Steve Batchelor and Tara J Hmmer. View Insider Buying and Selling for Waste Management.

WM stock was bought by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Park National Corp OH, Calamos Advisors LLC, Meridian Wealth Management LLC, DNB Asset Management AS, Peterson Wealth Management, Burns J W & Co. Inc. NY and AE Wealth Management LLC. View Insider Buying and Selling for 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.

One share of WM stock can currently be purchased for approximately $119.68.

Waste Management has a market capitalization of $50.77 billion and generates $14.91 billion in revenue each year. The business services provider earns $1.93 billion in net income (profit) each year or $4.20 on an earnings per share basis. Waste Management employs 43,700 workers across the globe.View Additional Information About Waste Management.

The official website for Waste Management is http://www.wm.com/.

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]