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 $99.85 +4.23 (+4.42 %) (As of 04/10/2020 01:51 AM ET) Add Compare Share Today's Range$96.53Now: $99.85▼$101.9650-Day Range$87.87MA: $106.16▼$126.2252-Week Range$85.34Now: $99.85▼$126.79Volume3.56 million shsAverage Volume2.96 million shsMarket Capitalization$42.30 billionP/E Ratio25.54Dividend Yield2.28%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™ 3.3 Analyst's Opinion Consensus RatingWaste Management has received a consensus rating of Buy. The company's average rating score is 2.65, and is based on 11 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $122.21, Waste Management has a potential upside of 22.4% from its current price of $99.85.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 492 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWaste Management has received 458 “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 2.28%, 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 25.54, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Waste Management is 25.54, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 18.95.Price to Earnings Growth RatioWaste Management has a PEG Ratio of 2.71. 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 5.99. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.6Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.51 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 Ratio25.54 Forward P/E Ratio25.09 P/E Growth2.71 Sales & Book Value Annual Sales$15.46 billion Price / Sales2.74 Cash Flow$9.14 per share Price / Cash Flow10.92 Book Value$16.67 per share Price / Book5.99Profitability 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$42.30 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 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WM shares have decreased by 9.2% and is now trading at $99.85. View which stocks have been most 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 6 hold ratings and 11 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 (EPS) for the quarter, topping analysts' consensus estimates 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 return on equity of 28.14% and a net margin of 10.81%. The business's quarterly revenue was up .1% on a year-over-year basis. During the same period in the prior year, the business 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 declared a quarterly dividend on Tuesday, February 18th. Investors 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 2.18%. 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 announced that its Board of Directors has authorized a stock buyback 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 repurchase up to 3.9% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its shares are undervalued. What price target have analysts set for WM? 17 Wall Street analysts have issued 12-month price targets for Waste Management's shares. Their forecasts range from $99.00 to $145.00. On average, they expect Waste Management's share price to reach $122.21 in the next twelve months. This suggests a possible upside of 22.4% from the stock's current price. View analysts' price targets for Waste Management. Has Waste Management been receiving favorable news coverage? News headlines about WM stock have trended very negative on Friday, according to InfoTrie. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Waste Management earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave media stories about the business services provider a news buzz of 0.0 out of 10, meaning that recent media 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 during 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 daily volume of 1,930,000 shares, the short-interest ratio is presently 2.8 days. Approximately 1.3% 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), 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), AT&T (T), NVIDIA (NVDA), 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 number of retail and institutional investors. Top institutional investors include Investment House LLC (0.03%), Park National Corp OH (0.03%), State of Alaska Department of Revenue (0.03%), Gradient Investments LLC (0.02%), WoodTrust Financial Corp (0.01%) and IFM Investors Pty Ltd (0.01%). 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, 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 Sanders Morris Harris LLC, Pensionfund DSM Netherlands, IFM Investors Pty Ltd, Grandview Asset Management LLC, Mitchell Mcleod Pugh & Williams Inc., Forte Capital LLC ADV, Burns J W & Co. Inc. NY, and Mitchell Sinkler & Starr PA. 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 Gradient Investments LLC, Park National Corp OH, Polianta Ltd, State of Alaska Department of Revenue, IBM Retirement Fund, Xcel Wealth Management LLC, Trinity Legacy Partners LLC, and Thomasville National Bank. 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 $99.85. How big of a company is Waste Management? Waste Management has a market capitalization of $42.30 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 4/10/2020 by MarketBeat.com StaffFeatured Article: What are retained earnings?
