S&P 500   3,768.25
DOW   30,814.26
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:WM

Waste Management Stock Forecast, Price & News

$114.72
+0.08 (+0.07 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$114.10
Now: $114.72
$115.50
50-Day Range
$114.64
MA: $117.18
$119.64
52-Week Range
$85.34
Now: $114.72
$126.79
Volume3.80 million shs
Average Volume1.78 million shs
Market Capitalization$48.48 billion
P/E Ratio30.35
Dividend Yield1.90%
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.
Waste Management logo

MarketRank

Overall MarketRank

2.17 out of 5 stars

Business Services Sector

20th out of 359 stocks

Refuse Systems Industry

2nd out of 10 stocks

Analyst Opinion: 2.2Community Rank: 2.6Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

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$8.45 per share
Book Value$16.67 per share

Profitability

Net Income$1.67 billion

Miscellaneous

Market Cap$48.48 billion
Next Earnings Date2/18/2021 (Confirmed)
OptionableOptionable
$114.72
+0.08 (+0.07 %)
(As of 01/15/2021 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 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 stock has increased by 4.3% and is now trading at $114.72.
View which stocks have been most impacted by COVID-19
.

Is Waste Management a buy right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Waste Management in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Waste Management stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WM, but not buy additional shares or sell existing shares.
View analyst ratings for Waste Management
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Waste Management?

Wall Street analysts have given Waste Management a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Waste Management wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Waste Management's next earnings date?

Waste Management is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
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 Thursday, February 18th 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) issued its quarterly earnings data on Monday, November, 2nd. The business services provider reported $1.09 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.02 by $0.07. The business services provider earned $3.86 billion during the quarter, compared to analysts' expectations of $3.74 billion. Waste Management had a return on equity of 25.84% and a net margin of 10.66%. Waste Management's quarterly revenue was down 2.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.19 EPS.
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, November 17th. Stockholders of record on Friday, December 4th will be paid a dividend of $0.545 per share on Friday, December 18th. This represents a $2.18 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date of this dividend is Thursday, December 3rd.
View Waste Management's dividend history
.

Is Waste Management a good dividend stock?

Waste Management pays an annual dividend of $2.18 per share and currently has a dividend yield of 1.90%. The dividend payout ratio of Waste Management is 49.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Waste Management will have a dividend payout ratio of 50.46% next year. This indicates that Waste Management will be able to sustain or increase its dividend.
View Waste Management's dividend history.

How will Waste Management's stock buyback program work?

Waste Management declared that its Board of Directors has approved a share repurchase program on Monday, December 14th 2020, which authorizes the company to buyback $1,350,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 2.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

What price target have analysts set for WM?

15 brokerages have issued 12-month price objectives for Waste Management's stock. Their forecasts range from $99.00 to $131.00. On average, they anticipate Waste Management's stock price to reach $117.07 in the next twelve months. This suggests a possible upside of 2.0% from the stock's current price.
View analysts' price targets for Waste Management
or view Wall Street analyst' top-rated stocks.

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), The 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 59, Pay $3.04M)
  • Ms. Devina A. Rankin, Exec. VP & CFO (Age 45, Pay $1.27M)
  • Mr. John J. Morris Jr., Exec. VP & COO (Age 51, Pay $1.45M)
  • Ms. Tara J. Hemmer, Sr. VP of Operations (Age 48, Pay $1.05M)
  • Mr. Steven R. Batchelor, Sr. VP of Operations (Age 63, Pay $1.04M)
  • Ms. Leslie K. Nagy, VP & Chief Accounting Officer (Age 47)
  • Mr. Edward A. Egl, Director of Investor Relations
  • Mr. Charles C. Boettcher, Exec. VP of Corp. Devel. & Chief Legal Officer (Age 47)
  • Charles S. Schwager, VP, Chief Compliance & Ethics Officer
  • Ms. Tamla D. Oates-Forney, Sr. VP & Chief People Officer (Age 49)

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 number of institutional and retail investors. Top institutional shareholders include Ardevora Asset Management LLP (0.11%), Gateway Investment Advisers LLC (0.07%), Vigilant Capital Management LLC (0.04%), Park National Corp OH (0.04%), Crossmark Global Holdings Inc. (0.03%) and Investment House LLC (0.03%). Company insiders that own Waste Management stock 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, 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 CX Institutional, State of Alaska Department of Revenue, First Midwest Bank Trust Division, NuWave Investment Management LLC, Webster Bank N. A., Mountain Capital Investment Advisors Inc, First Citizens Bank & Trust Co., and ELM Advisors LLC. 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
or view top insider-selling stocks.

Which major investors are buying Waste Management stock?

WM stock was acquired by a variety of institutional investors in the last quarter, including Baldwin Brothers Inc. MA, Ardevora Asset Management LLP, Park National Corp OH, New England Research & Management Inc., Crossmark Global Holdings Inc., IFM Investors Pty Ltd, Louisiana State Employees Retirement System, and Vigilant Capital Management LLC.
View insider buying and selling activity for Waste Management
or or view top insider-buying stocks.

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 WeBull, 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 $114.72.

How big of a company is Waste Management?

Waste Management has a market capitalization of $48.48 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 1/17/2021 by MarketBeat.com Staff

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