NYSE:WM - Waste Management Stock Price, Price Target & More

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$81.88 +0.61 (+0.75 %)
(As of 06/24/2018 04:00 PM ET)
Previous Close$81.88
Today's Range$81.42 - $82.20
52-Week Range$72.58 - $89.73
Volume2.61 million shs
Average Volume2.03 million shs
Market Capitalization$35.05 billion
P/E Ratio25.43
Dividend Yield2.29%
Beta0.7
Waste Management logoWaste 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
SymbolNYSE:WM
CUSIP94106L10
Phone713-512-6200

Debt

Debt-to-Equity Ratio1.47
Current Ratio0.74
Quick Ratio0.71

Price-To-Earnings

Trailing P/E Ratio25.43
Forward P/E Ratio20.37
P/E Growth1.67

Sales & Book Value

Annual Sales$14.49 billion
Price / Sales2.44
Cash Flow$6.7170 per share
Price / Cash12.19
Book Value$13.91 per share
Price / Book5.89

Profitability

EPS (Most Recent Fiscal Year)$3.22
Net Income$1.95 billion
Net Margins14.06%
Return on Equity26.73%
Return on Assets7.14%

Miscellaneous

Employees42,300
Outstanding Shares431,280,000

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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 Monday, May 14th. Investors of record on Friday, June 8th will be given a dividend of $0.465 per share on Friday, June 22nd. This represents a $1.86 annualized dividend and a yield of 2.27%. The ex-dividend date is Thursday, June 7th. View Waste Management's Dividend History.

How will Waste Management's stock buyback program work?

Waste Management declared that its Board of Directors has authorized a stock buyback program on Friday, December 15th 2017, which allows the company to buyback $1,250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.

How were Waste Management's earnings last quarter?

Waste Management, Inc. (NYSE:WM) announced its quarterly earnings data on Friday, April, 20th. The business services provider reported $0.91 EPS for the quarter, beating the consensus estimate of $0.82 by $0.09. The business services provider had revenue of $3.51 billion for the quarter, compared to the consensus estimate of $3.57 billion. Waste Management had a return on equity of 26.73% and a net margin of 14.06%. The firm's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the business earned $0.66 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 Tuesday, July, 24th 2018. View Earnings Estimates for Waste Management.

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

Waste Management updated its FY18 earnings guidance on Friday, April, 20th. The company provided EPS guidance of $3.97-4.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.00.

What price target have analysts set for WM?

9 brokers have issued 12-month target prices for Waste Management's stock. Their predictions range from $83.00 to $100.00. On average, they anticipate Waste Management's stock price to reach $90.75 in the next year. View Analyst Ratings for Waste Management.

Who are some of Waste Management's key competitors?

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 56)
  • Ms. Devina A. Rankin, Sr. VP & CFO (Age 42)
  • Mr. James E. Trevathan Jr., Exec. VP & COO (Age 65)
  • Mr. Jeff M. Harris, Sr. VP of Operations (Age 63)
  • Mr. John J. Morris Jr., Sr. VP of Operations (Age 48)

Has Waste Management been receiving favorable news coverage?

News stories about WM stock have trended somewhat positive recently, Accern reports. Accern scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Waste Management earned a coverage optimism score of 0.08 on Accern's scale. They also gave news articles about the business services provider an impact score of 46.45 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Who are Waste Management's major shareholders?

Waste Management's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.21%), Northern Trust Corp (1.20%), Amundi Pioneer Asset Management Inc. (0.64%), AGF Investments Inc. (0.62%), JPMorgan Chase & Co. (0.58%) and Swiss National Bank (0.54%). Company insiders that own Waste Management stock include Barry H Caldwell, Devina A Rankin, Don P Carpenter, Frank M Clark, James C Fish Jr, James E Trevathan Jr, Jeff M Harris, John C Pope, John J Morris, Mark E Schwartz, Nikolaj H Sjoqvist, Patrick W Gross, Puneet Bhasin and Thomas H Weidemeyer. 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 BlackRock Inc., Cookson Peirce & Co. Inc., Principal Financial Group Inc., Principal Financial Group Inc., Element Capital Management LLC, Federated Investors Inc. PA, Valueinvest Asset Management S.A. and Northern Trust Corp. Company insiders that have sold Waste Management company stock in the last year include Barry H Caldwell, Devina A Rankin, James C Fish Jr, Jeff M Harris, John C Pope, John J Morris, Nikolaj H Sjoqvist and Patrick W Gross. 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 Millennium Management LLC, JPMorgan Chase & Co., PNC Financial Services Group Inc., WBI Investments Inc., OLD Republic International Corp, OLD Republic International Corp, Chilton Investment Co. LLC and Teacher Retirement System of Texas. 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 $81.88.

How big of a company is Waste Management?

Waste Management has a market capitalization of $35.05 billion and generates $14.49 billion in revenue each year. The business services provider earns $1.95 billion in net income (profit) each year or $3.22 on an earnings per share basis. Waste Management employs 42,300 workers across the globe.

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 (WM)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  314 (Vote Outperform)
Underperform Votes:  291 (Vote Underperform)
Total Votes:  605
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 6/24/2018 by MarketBeat.com Staff

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