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

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$91.34 +0.49 (+0.54 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$90.85
Today's Range$90.71 - $91.48
52-Week Range$75.20 - $91.48
Volume1.58 million shs
Average Volume2.20 million shs
Market Capitalization$38.56 billion
P/E Ratio28.37
Dividend Yield2.05%
Beta0.73
Waste Management logoWaste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It provides 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, 2017, the company owned or operated 244 solid waste landfills; 5 secure hazardous waste landfills; 90 MRFs; and 305 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 portable self-storage and long distance moving services; 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 headquartered in Houston, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Refuse systems
Sub-IndustryEnvironmental & Facilities Services
SectorBusiness Services
SymbolNYSE:WM
CUSIP94106L10
Phone713-512-6200

Debt

Debt-to-Equity Ratio1.48
Current Ratio0.75
Quick Ratio0.72

Price-To-Earnings

Trailing P/E Ratio28.37
Forward P/E Ratio22.39
P/E Growth1.85

Sales & Book Value

Annual Sales$14.49 billion
Price / Sales2.70
Cash Flow$6.7760 per share
Price / Cash13.48
Book Value$13.91 per share
Price / Book6.57

Profitability

EPS (Most Recent Fiscal Year)$3.22
Net Income$1.95 billion
Net Margins14.94%
Return on Equity27.38%
Return on Assets7.39%

Miscellaneous

Employees42,300
Outstanding Shares428,720,000
Market Cap$38.56 billion

Waste Management (NYSE:WM) Frequently Asked Questions

What is Waste Management's stock symbol?

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

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

Waste Management announced a quarterly dividend on Monday, May 14th. Shareholders of record on Friday, June 8th will be paid a dividend of $0.465 per share on Friday, June 22nd. This represents a $1.86 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date is Thursday, June 7th. View Waste Management's Dividend History.

How will Waste Management's stock buyback program work?

Waste Management announced that its Board of Directors has initiated a stock repurchase plan on Friday, December 15th 2017, which permits the company to repurchase $1,250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its stock is undervalued.

How were Waste Management's earnings last quarter?

Waste Management, Inc. (NYSE:WM) released its quarterly earnings data on Wednesday, July, 25th. The business services provider reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.02. The business services provider earned $3.74 billion during the quarter, compared to analyst estimates of $3.76 billion. Waste Management had a net margin of 14.94% and a return on equity of 27.38%. The firm's revenue was up 1.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.81 earnings per share. View Waste Management's Earnings History.

When is Waste Management's next earnings date?

Waste Management is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Waste Management.

What guidance has Waste Management issued on next quarter's earnings?

Waste Management issued an update on its FY18 earnings guidance on Wednesday, July, 25th. The company provided earnings per share guidance of $4.05-4.10 for the period, compared to the Thomson Reuters consensus estimate of $4.01.

What price target have analysts set for WM?

9 brokerages have issued 1-year target prices for Waste Management's stock. Their predictions range from $83.00 to $100.00. On average, they expect Waste Management's stock price to reach $91.1250 in the next twelve months. This suggests that the stock has a possible downside of 0.2%. View Analyst Price Targets for Waste Management.

What is the consensus analysts' recommendation for Waste Management?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waste Management in the last year. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Waste Management.

Who are some of Waste Management's key competitors?

Who are Waste Management's key executives?

Waste Management's management team includes the folowing people:
  • Mr. James C. Fish Jr., Pres, CEO & Director (Age 56)
  • Ms. Devina A. Rankin, Sr. VP & CFO (Age 42)
  • Mr. James E. Trevathan Jr., Exec. VP & COO (Age 65)
  • Mr. Jeff M. Harris, Sr. VP of Operations (Age 63)
  • Mr. John J. Morris Jr., Sr. VP of Operations (Age 48)

Has Waste Management been receiving favorable news coverage?

News stories about WM stock have trended somewhat positive recently, according to Accern. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Waste Management earned a media and rumor sentiment score of 0.22 on Accern's scale. They also assigned news articles about the business services provider an impact score of 46.82 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Waste Management.

Who are Waste Management's major shareholders?

Waste Management's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.11%), Macquarie Group Ltd. (2.16%), Wells Fargo & Company MN (1.56%), Parnassus Investments CA (1.28%), Bank of America Corp DE (1.05%) and Janus Henderson Group PLC (0.97%). Company insiders that own Waste Management stock include Barry H Caldwell, Devina A Rankin, Frank M Clark, James C Fish Jr, James E Trevathan Jr, Jeff M Harris, John C Pope, John J Morris, Nikolaj H Sjoqvist and Patrick W Gross. View Institutional Ownership Trends for Waste Management.

Which institutional investors are selling Waste Management stock?

WM stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Renaissance Technologies LLC, BlackRock Inc., WBI Investments Inc., LVM Capital Management Ltd. MI, Bank of America Corp DE, Point72 Asset Management L.P. and NN Investment Partners Holdings N.V.. Company insiders that have sold Waste Management company stock in the last year include Barry H Caldwell, Devina A Rankin, James C Fish Jr, Jeff M Harris, John J Morris, Nikolaj H Sjoqvist and Patrick W Gross. View Insider Buying and Selling for Waste Management.

Which institutional investors are buying Waste Management stock?

WM stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Acadian Asset Management LLC, Macquarie Group Ltd., Natixis, PNC Financial Services Group Inc., Dana Investment Advisors Inc., American Century Companies Inc. and Gateway Investment Advisers LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Waste Management's stock price today?

One share of WM stock can currently be purchased for approximately $91.34.

How big of a company is Waste Management?

Waste Management has a market capitalization of $38.56 billion and generates $14.49 billion in revenue each year. The business services provider earns $1.95 billion in net income (profit) each year or $3.22 on an earnings per share basis. Waste Management employs 42,300 workers across the globe.

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]


MarketBeat Community Rating for Waste Management (NYSE WM)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  352 (Vote Outperform)
Underperform Votes:  322 (Vote Underperform)
Total Votes:  674
MarketBeat's community ratings are surveys of what our community members think about Waste Management and other stocks. Vote "Outperform" if you believe WM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2018 by MarketBeat.com Staff

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