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 $106.75 +0.25 (+0.23 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$106.15Now: $106.75▼$107.4550-Day Range$95.62MA: $99.14▼$106.5052-Week Range$85.34Now: $106.75▼$126.79Volume3.03 million shsAverage Volume2.15 million shsMarket Capitalization$45.05 billionP/E Ratio27.03Dividend Yield2.05%Beta0.75 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider 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™ 2.3 Analyst's Opinion Consensus RatingWaste Management has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 12 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $117.00, Waste Management has a potential upside of 9.6% from its current price of $106.75.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 496 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWaste Management has received 460 “underperform” votes. (Add your “underperform” vote.)Community SentimentWaste Management has received 51.88% “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 2.05%, 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 51.42 % 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 not sold or bought any company stock.Percentage Held by InsidersOnly 0.16% of the stock of Waste Management is held by insiders.Percentage Held by Institutions73.46% 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 12.77% in the coming year, from $3.76 to $4.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Waste Management is 27.03, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.62.Price to Earnings Ratio vs. SectorThe P/E ratio of Waste Management is 27.03, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 19.06.Price to Earnings Growth RatioWaste Management has a PEG Ratio of 3.34. 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 6.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.31 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 Webwww.wm.com Phone713-512-6200Debt Debt-to-Equity Ratio1.94 Current Ratio1.84 Quick Ratio1.80Price-To-Earnings Trailing P/E Ratio27.03 Forward P/E Ratio28.39 P/E Growth3.34 Sales & Book Value Annual Sales$15.46 billion Price / Sales2.91 Cash Flow$8.39 per share Price / Cash Flow12.72 Book Value$15.98 per share Price / Book6.68Profitability EPS (Most Recent Fiscal Year)$4.40 Net Income$1.67 billion Net Margins10.87% Return on Equity27.69% Return on Assets6.94%Miscellaneous Employees44,900 Outstanding Shares422,020,000Market Cap$45.05 billion Next Earnings Date7/23/2020 (Estimated) OptionableOptionable WM Rates by TradingView 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. 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WM shares have decreased by 2.9% and is now trading at $106.75. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Waste Management? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waste Management in the last year. There are currently 6 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 Thursday, July 23rd 2020. View our earnings forecast for Waste Management. How were Waste Management's earnings last quarter? Waste Management, Inc. (NYSE:WM) released its quarterly earnings data on Wednesday, May, 6th. The business services provider reported $0.93 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.93. The business services provider had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.73 billion. Waste Management had a net margin of 10.87% and a return on equity of 27.69%. The firm's revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.94 EPS. View Waste Management's earnings history. How often does Waste Management pay dividends? What is the dividend yield for Waste Management? Waste Management declared a quarterly dividend on Tuesday, May 12th. Investors of record on Friday, June 5th will be paid a dividend of $0.545 per share on Friday, June 19th. This represents a $2.18 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date of this dividend is Thursday, June 4th. 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 stock repurchase program on Thursday, December 13th 2018, which permits the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 3.9% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's management believes its stock is undervalued. What price target have analysts set for WM? 18 brokers have issued twelve-month price targets for Waste Management's shares. Their forecasts range from $99.00 to $130.00. On average, they expect Waste Management's share price to reach $117.00 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price. View analysts' price targets for Waste Management. Has Waste Management been receiving favorable news coverage? News coverage about WM stock has trended somewhat negative on Saturday, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public 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 -1.1 on InfoTrie's scale. They also assigned press coverage about the business services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutWaste Management. Are investors shorting Waste Management? Waste Management saw a increase in short interest in April. As of April 30th, there was short interest totaling 4,770,000 shares, an increase of 24.2% from the April 15th total of 3,840,000 shares. Based on an average trading volume of 3,120,000 shares, the short-interest ratio is presently 1.5 days. Approximately 1.1% of the shares of the company are short sold. 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), 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), CECO Environmental (CECE), Team (TISI), Acorn Energy (ACFN) and Metalico (MEA). View all 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), Walt Disney (DIS), NVIDIA (NVDA), AT&T (T), Verizon Communications (VZ), Home Depot (HD), Visa (V), Intel (INTC), 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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.77%), State Street Corp (4.79%), Geode Capital Management LLC (1.35%), Parnassus Investments CA (1.21%), Clearbridge Investments LLC (1.14%) and Capital Research Global Investors (1.04%). Company insiders that own Waste Management stock include 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, 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 Johanson Financial Advisors Inc., Invesco Ltd., BlackRock Inc., APG Asset Management N.V., APG Asset Management N.V., First Trust Advisors LP, AQR Capital Management LLC, and Parnassus Investments CA. 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 purchased by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Janus Henderson Group PLC, Alliancebernstein L.P., Pictet Asset Management Ltd., The Manufacturers Life Insurance Company , Swiss National Bank, Fred Alger Management LLC, and APG Asset Management N.V.. 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 $106.75. How big of a company is Waste Management? Waste Management has a market capitalization of $45.05 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 5/30/2020 by MarketBeat.com Staff
