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

$120.02
+0.90 (+0.76 %)
(As of 08/19/2019 04:00 PM ET)
Today's Range
$119.25
Now: $120.02
$120.58
50-Day Range
$114.35
MA: $117.45
$120.03
52-Week Range
$83.22
Now: $120.02
$120.58
Volume2.77 million shs
Average Volume1.75 million shs
Market Capitalization$50.92 billion
P/E Ratio28.58
Dividend Yield1.72%
Beta0.62
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. Read More…

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$8.0604 per share
Book Value$15.24 per share

Profitability

Net Income$1.93 billion

Miscellaneous

Employees43,700
Market Cap$50.92 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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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 Tuesday, May 14th. Investors of record on Friday, June 7th will be given a dividend of $0.5125 per share on Friday, June 21st. This represents a $2.05 annualized dividend and a yield of 1.71%. The ex-dividend date of this dividend is Thursday, June 6th. View Waste Management's Dividend History.

How will Waste Management's stock buyback program work?

Waste Management declared that its board has authorized a share buyback program on Thursday, December 13th 2018, which authorizes the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 3.9% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

How were Waste Management's earnings last quarter?

Waste Management, Inc. (NYSE:WM) posted its quarterly earnings data on Thursday, July, 25th. The business services provider reported $1.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.07 by $0.04. The business services provider had revenue of $3.95 billion for the quarter, compared to the consensus estimate of $3.94 billion. Waste Management had a return on equity of 29.15% and a net margin of 11.49%. The business's quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.01 EPS. 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 Thursday, October 24th 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, July, 25th. 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 $4.29.

What price target have analysts set for WM?

12 analysts have issued 1 year target prices for Waste Management's shares. Their forecasts range from $98.00 to $127.00. On average, they expect Waste Management's share price to reach $115.90 in the next year. This suggests that the stock has a possible downside of 3.4%. View Analyst Price Targets for Waste Management.

What is the consensus analysts' recommendation for Waste Management?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waste Management in the last year. There are currently 4 hold ratings and 8 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 negative on Monday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Waste Management earned a news sentiment score of -2.3 on InfoTrie's scale. They also assigned news 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 impact on the company's share price in the near term. View News Stories for Waste Management.

Are investors shorting Waste Management?

Waste Management saw a decline in short interest during the month of July. As of July 15th, there was short interest totalling 3,397,900 shares, a decline of 5.2% from the June 15th total of 3,583,400 shares. Based on an average daily volume of 1,600,000 shares, the short-interest ratio is currently 2.1 days. Approximately 0.8% of the company's shares are short sold. View Waste Management's Current Options Chain.

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), NVIDIA (NVDA), Walt Disney (DIS), Johnson & Johnson (JNJ), Boeing (BA), Verizon Communications (VZ), Visa (V), Home Depot (hd), Cisco Systems (CSCO) and Alibaba Group (BABA).

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 investors include Vanguard Group Inc. (8.48%), BlackRock Inc. (7.58%), Parnassus Investments CA (1.29%), Northern Trust Corp (1.21%), AQR Capital Management LLC (0.96%) and Invesco Ltd. (0.91%). Company insiders that own Waste Management stock include Barry H Caldwell, Devina A Rankin, James C Fish Jr, Jeff M Harris, John J Morris, Michael J Watson, Nikolaj H Sjoqvist, 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 Morgan Stanley, AGF Investments Inc., Parnassus Investments CA, Amundi Pioneer Asset Management Inc., Los Angeles Capital Management & Equity Research Inc., Quest Capital Management Inc. ADV, Sumitomo Mitsui Trust Holdings Inc. and Rothschild & Co. Asset Management US Inc.. Company insiders that have sold Waste Management company stock in the last year include Devina A Rankin, James C Fish Jr, Jeff M Harris, John J Morris, Michael J Watson, Patrick W Gross, Steve Batchelor and Tara J Hmmer. View Insider Buying and Selling 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 Nuveen Asset Management LLC, BlackRock Inc., Senator Investment Group LP, California Public Employees Retirement System, Invesco Ltd., Thoroughbred Financial Services LLC, APG Asset Management N.V. and AMI Asset Management Corp. 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 $120.02.

How big of a company is Waste Management?

Waste Management has a market capitalization of $50.92 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 43,700 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]


MarketBeat Community Rating for Waste Management (NYSE WM)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  429 (Vote Outperform)
Underperform Votes:  399 (Vote Underperform)
Total Votes:  828
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 8/19/2019 by MarketBeat.com Staff

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