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

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$99.32 +0.14 (+0.14 %)
(As of 02/21/2019 04:00 PM ET)
Previous Close$99.18
Today's Range$98.77 - $99.50
52-Week Range$79.96 - $100.16
Volume1.59 million shs
Average Volume1.81 million shs
Market Capitalization$42.35 billion
P/E Ratio23.65
Dividend Yield1.88%
Beta0.63
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, 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

Industry Refuse systems
Sub-IndustryEnvironmental & Facilities Services
SectorBusiness Services
CUSIP94106L10
Phone713-512-6200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.91 billion
Cash Flow$7.9583 per share
Book Value$14.72 per share

Profitability

Net Income$1.93 billion

Miscellaneous

Employees42,300
Market Cap$42.35 billion
Next Earnings Date4/19/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Wednesday, February 20th. Stockholders of record on Friday, March 8th will be paid a dividend of $0.5125 per share on Friday, March 22nd. This represents a $2.05 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Thursday, March 7th. This is a boost from Waste Management's previous quarterly dividend of $0.47. 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 buyback program on Thursday, December 13th 2018, which allows the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 3.9% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its shares are undervalued.

How were Waste Management's earnings last quarter?

Waste Management, Inc. (NYSE:WM) announced its earnings results on Thursday, February, 14th. The business services provider reported $1.13 EPS for the quarter, topping the Zacks' consensus estimate of $1.06 by $0.07. The business services provider earned $3.84 billion during the quarter, compared to the consensus estimate of $3.78 billion. Waste Management had a return on equity of 29.43% and a net margin of 12.91%. The firm's quarterly revenue was up 5.2% on a year-over-year basis. During the same period last year, the business posted $0.85 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 Friday, April 19th 2019. View Earnings Estimates for Waste Management.

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

Waste Management issued an update on its FY19 earnings guidance on Thursday, February, 14th. The company provided earnings per share guidance of $4.28-4.38 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.45. Waste Management also updated its FY 2019 guidance to $4.28-4.38 EPS.

What price target have analysts set for WM?

6 equities research analysts have issued 1-year target prices for Waste Management's shares. Their forecasts range from $96.00 to $108.00. On average, they expect Waste Management's share price to reach $102.40 in the next year. This suggests a possible upside of 3.1% from the stock's current price. View Analyst Price Targets for Waste Management.

What is the consensus analysts' recommendation for Waste Management?

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

Has Waste Management been receiving favorable news coverage?

Press coverage about WM stock has been trending positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news 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 media sentiment score of 2.3 on InfoTrie's scale. They also gave headlines about the business services provider a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.

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 AT&T (T), Johnson & Johnson (JNJ), Verizon Communications (VZ), Home Depot (HD), Walt Disney (DIS), Boeing (BA), Intel (INTC), General Electric (GE), JPMorgan Chase & Co. (JPM) and Visa (V).

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 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

Who are Waste Management's major shareholders?

Waste Management's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.43%), Macquarie Group Ltd. (2.07%), Parnassus Investments CA (1.38%), Geode Capital Management LLC (1.22%), Northern Trust Corp (1.18%) and Bank of America Corp DE (1.06%). Company insiders that own Waste Management stock include Barry H Caldwell, Devina A Rankin, James C Fish Jr, James E Trevathan Jr, Jeff M Harris, John C Pope, John J Morris, Nikolaj H Sjoqvist, Patrick W Gross, Steve Batchelor and Tara J Hmmer. 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 Two Sigma Investments LP, D. E. Shaw & Co. Inc., Principal Financial Group Inc., Two Sigma Advisers LP, APG Asset Management N.V., Millennium Management LLC, Amundi Pioneer Asset Management Inc. and First Trust Advisors LP. Company insiders that have sold Waste Management company stock in the last year include Barry H Caldwell, Devina A Rankin, Jeff M Harris, John J Morris, Nikolaj H Sjoqvist, Patrick W Gross, Steve Batchelor and Tara J Hmmer. View Insider Buying and Selling for Waste Management.

Which institutional investors are buying Waste Management stock?

WM stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Bessemer Group Inc., BlackRock Inc., California Public Employees Retirement System, Hexavest Inc., Eaton Vance Management, Banco Santander S.A. and Geode Capital Management 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 $99.32.

How big of a company is Waste Management?

Waste Management has a market capitalization of $42.35 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 42,300 workers across the globe.

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]


MarketBeat Community Rating for Waste Management (NYSE WM)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  396 (Vote Outperform)
Underperform Votes:  368 (Vote Underperform)
Total Votes:  764
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 2/21/2019 by MarketBeat.com Staff

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