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

Waste Management's stock was trading at $109.97 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WM shares have decreased by 14.0% and is now trading at $94.60. View which stocks have been mosted impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waste Management in the last year. There are currently 5 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Waste Management.

Waste Management is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Waste Management.

Waste Management will be holding an earnings conference call on Wednesday, May 6th 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, Inc. (NYSE:WM) released its quarterly earnings data on Thursday, February, 13th. The business services provider reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.04. The business services provider earned $3.85 billion during the quarter, compared to the consensus estimate of $3.97 billion. Waste Management had a net margin of 10.81% and a return on equity of 28.14%. The firm's quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.13 EPS. View Waste Management's earnings history.

Waste Management announced a quarterly dividend on Tuesday, February 18th. Stockholders of record on Friday, March 6th will be paid a dividend of $0.545 per share on Friday, March 20th. This represents a $2.18 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date is Thursday, March 5th. This is a positive change from Waste Management's previous quarterly dividend of $0.51. View Waste Management's dividend history.

Waste Management declared that its board has authorized a stock repurchase plan on Thursday, December 13th 2018, which authorizes the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 3.9% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

17 analysts have issued 12-month price objectives for Waste Management's stock. Their forecasts range from $115.00 to $145.00. On average, they anticipate Waste Management's stock price to reach $127.43 in the next year. This suggests a possible upside of 34.7% from the stock's current price. View analysts' price targets for Waste Management.

Headlines about WM stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Waste Management earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned press coverage about the business services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutWaste Management.

Waste Management saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 5,495,400 shares, a decrease of 8.6% from the February 27th total of 6,010,000 shares. Based on an average daily volume of 1,930,000 shares, the short-interest ratio is currently 2.8 days. Approximately 1.3% of the shares of the company are short sold. 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), Casella Waste Systems (CWST), ABM Industries (ABM), 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 NVIDIA (NVDA), Walt Disney (DIS), AT&T (T), Johnson & Johnson (JNJ), Verizon Communications (VZ), Home Depot (HD), Visa (V), Alibaba Group (BABA), Cisco Systems (CSCO) and Boeing (BA).

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

Waste Management's stock is owned by a number of retail and institutional investors. Top institutional investors include State Street Corp (4.79%), Macquarie Group Ltd. (1.96%), Geode Capital Management LLC (1.38%), Parnassus Investments CA (1.30%), Norges Bank (1.12%) and Capital Research Global Investors (0.95%). Company insiders that own Waste Management stock include Barry H Caldwell, Charles C Boettcher, Devina A Rankin, Frank M Clark, James C Fish Jr, Jeff M Harris, John J Morris, Leslie K Nagy, 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 DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Los Angeles Capital Management & Equity Research Inc., Senator Investment Group LP, LSV Asset Management, Acadian Asset Management LLC, Nuveen Asset Management LLC, PGGM Investments, and Teacher Retirement System of Texas. 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 J Morris, Leslie K Nagy, Michael J Watson, Patrick W Gross, Steve Batchelor, and Tara J Hmmer. View insider buying and selling activity for Waste Management.

WM stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Capital World Investors, CIBC Private Wealth Group LLC, Johanson Financial Advisors Inc., Macquarie Group Ltd., First Trust Advisors LP, Janus Henderson Group PLC, and Pictet Asset Management Ltd.. View insider buying and selling activity 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 $94.60.

Waste Management has a market capitalization of $40.18 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. 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]