NYSE:WMWaste Management Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Waste Management, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $91.29 +2.27 (+2.55 %) (As of 04/7/2020 03:22 AM ET) Add Compare Share Today's Range$90.54Now: $91.29▼$92.4550-Day Range$87.87MA: $108.13▼$126.2252-Week Range$85.34Now: $91.29▼$126.79Volume5.68 million shsAverage Volume2.90 million shsMarket Capitalization$38.67 billionP/E Ratio23.35Dividend Yield2.45%Beta0.78 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Waste 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, 2018, the company owned or operated 247 solid waste landfills; 5 secure hazardous waste landfills; 102 MRFs; and 314 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 headquartered in Houston, Texas.Read More Beat the Market (BTM) Rank™ 4.4 Analyst's Opinion Consensus RatingWaste Management has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 12 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $125.93, Waste Management has a potential upside of 37.9% from its current price of $91.29.Amount of Analyst CoverageWaste Management has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.6 Community Rank Outperform VotesWaste Management has received 491 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWaste Management has received 457 “underperform” votes. (Add your “underperform” vote.)Community SentimentWaste Management has received 51.79% “outperform” votes from our community.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. Previous Next 5.0 Dividend Strength Dividend LeadershipWaste Management is a leading dividend payer. It pays a dividend yield of 2.45%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWaste Management has been increasing its dividend for 16 years.Dividend CoverageThe dividend payout ratio of Waste Management is 49.55 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Waste Management will have a dividend payout ratio of 48.23 % next year. This indicates that Waste Management will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Waste Management insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $17,217,165.00 in company stock.Percentage Held by InsidersOnly 0.14% of the stock of Waste Management is held by insiders.Percentage Held by Institutions74.24% of the stock of Waste Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Waste Management are expected to grow by 13.57% in the coming year, from $3.98 to $4.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Waste Management is 23.35, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.84.Price to Earnings Ratio vs. SectorThe P/E ratio of Waste Management is 23.35, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 17.68.Price to Earnings Growth RatioWaste Management has a PEG Ratio of 2.64. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioWaste Management has a P/B Ratio of 5.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.4Community Rank: 2.6Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.72 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Refuse systems Sub-IndustryEnvironmental & Facilities Services SectorBusiness Services Current SymbolNYSE:WM Previous Symbol CUSIP94106L10 CIK823768 Webhttp://www.wm.com/ Phone713-512-6200Debt Debt-to-Equity Ratio1.88 Current Ratio1.97 Quick Ratio1.94Price-To-Earnings Trailing P/E Ratio23.35 Forward P/E Ratio22.94 P/E Growth2.64 Sales & Book Value Annual Sales$15.46 billion Price / Sales2.50 Cash Flow$8.59 per share Price / Cash Flow10.63 Book Value$16.67 per share Price / Book5.48Profitability EPS (Most Recent Fiscal Year)$4.40 Net Income$1.67 billion Net Margins10.81% Return on Equity28.14% Return on Assets7.22%Miscellaneous Employees44,900 Outstanding Shares423,627,000Market Cap$38.67 billion Next Earnings Date5/6/2020 (Confirmed) OptionableOptionable Receive WM News and Ratings via Email Sign-up to receive the latest news and ratings for WM and its competitors with MarketBeat's FREE daily newsletter. WM Rates by TradingView Waste Management (NYSE:WM) Frequently Asked Questions How has Waste Management's stock been impacted by COVID-19 (Coronavirus)? Waste Management's stock was trading at $109.97 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WM shares have decreased by 17.0% and is now trading at $91.29. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Waste Management? 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. When is Waste Management's next earnings date? Waste Management is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 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 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. How were Waste Management's earnings last quarter? Waste Management, Inc. (NYSE:WM) posted its earnings results on Thursday, February, 13th. The business services provider reported $1.19 earnings per share for the quarter, beating analysts' consensus estimates of $1.15 by $0.04. The business services provider had revenue of $3.85 billion for 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%. Waste Management's revenue was up .1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.13 earnings per share. 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, February 18th. Investors of record on Friday, March 6th will be given 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 2.39%. The ex-dividend date is Thursday, March 5th. This is an increase from Waste Management's previous quarterly dividend of $0.51. View Waste Management's dividend history. How will Waste Management's stock buyback program work? Waste Management declared that its Board of Directors has initiated a share buyback 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 buy up to 3.9% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its stock is undervalued. What price target have analysts set for WM? 17 analysts have issued 12-month price targets for Waste Management's shares. Their forecasts range from $111.00 to $145.00. On average, they expect Waste Management's stock price to reach $125.93 in the next year. This suggests a possible upside of 37.9% from the stock's current price. View analysts' price targets for Waste Management. Has Waste Management been receiving favorable news coverage? Press coverage about WM stock has trended very negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, 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 headlines about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutWaste Management. Are investors shorting Waste Management? Waste Management saw a drop in short interest in the month of March. As of March 13th, there was short interest totaling 5,495,400 shares, a drop of 8.6% from the February 27th total of 6,010,000 shares. Based on an average trading volume of 1,930,000 shares, the days-to-cover ratio is currently 2.8 days. Approximately 1.3% of the shares of the company are sold short. View Waste Management's Current Options Chain. Who are some of Waste Management's key competitors? Some companies that are related to Waste Management include Republic Services (RSG), Rollins (ROL), Tetra Tech (TTEK), Stericycle (SRCL), 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). 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 Walt Disney (DIS), NVIDIA (NVDA), AT&T (T), Johnson & Johnson (JNJ), Verizon Communications (VZ), Home Depot (hd), Visa (V), Alibaba Group (BABA), Cisco Systems (CSCO) and AbbVie (ABBV). 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 57)Ms. Devina A. Rankin, Sr. VP & CFO (Age 43)Mr. John J. Morris Jr., Exec. VP & COO (Age 49)Ms. Leslie K. Nagy, VP & Chief Accounting Officer (Age 45)Mr. Edward A. Egl, Director of Investor Relations 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 institutional and retail investors. Top institutional shareholders include Park National Corp OH (0.03%), State of Alaska Department of Revenue (0.03%), Burns J W & Co. Inc. NY (0.01%), Trinity Legacy Partners LLC (0.01%), Pensionfund DSM Netherlands (0.01%) and Thomasville National Bank (0.00%). 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. Which major investors are selling Waste Management stock? WM stock was sold by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, and Burns J W & Co. Inc. NY. 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. Which major investors are buying Waste Management stock? WM stock was bought by a variety of institutional investors in the last quarter, including Park National Corp OH, State of Alaska Department of Revenue, Trinity Legacy Partners LLC, Thomasville National Bank, Private Asset Management Inc., and IMS Capital Management. 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 $91.29. How big of a company is Waste Management? Waste Management has a market capitalization of $38.67 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. What is Waste Management's official website? The official website for Waste Management is http://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 4/7/2020 by MarketBeat.com StaffFeatured Article: What impact do institutional investors have on markets?
