NYSE:WMWaste Management Stock Price, Forecast & News

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. Since then, WM shares have decreased by 5.6% and is now trading at $103.82. View which stocks have been most impacted by Coronavirus.

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.

Waste Management is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for Waste Management.

Waste Management will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Waste Management, Inc. (NYSE:WM) released its quarterly earnings results on Wednesday, May, 6th. The business services provider reported $0.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.93. The business services provider earned $3.73 billion during the quarter, compared to the consensus estimate of $3.73 billion. Waste Management had a return on equity of 27.69% and a net margin of 10.87%. Waste Management's revenue for the quarter was up .9% on a year-over-year basis. During the same period last year, the firm earned $0.94 EPS. View Waste Management's earnings history.

Waste Management announced 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 yield of 2.10%. The ex-dividend date of this dividend is Thursday, June 4th. View Waste Management's dividend history.

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

17 equities research analysts have issued 1-year price objectives for Waste Management's shares. Their forecasts range from $99.00 to $130.00. On average, they expect Waste Management's stock price to reach $116.79 in the next year. This suggests a possible upside of 12.5% from the stock's current price. View analysts' price targets for Waste Management.

Media coverage about WM stock has trended somewhat negative recently, InfoTrie reports. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Waste Management earned a daily sentiment score of -1.8 on InfoTrie's scale. They also gave news stories about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Waste Management.

Waste Management saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 3,880,000 shares, a decrease of 15.1% from the June 15th total of 4,570,000 shares. Based on an average trading volume of 2,670,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.9% of the shares of the company are sold short. View Waste Management's Current Options Chain.

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.

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).

Waste Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "WM."

Waste Management's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.11%), Manning & Napier Group LLC (0.04%), Vigilant Capital Management LLC (0.03%), Park National Corp OH (0.03%), Gradient Investments LLC (0.03%) and Wedge Capital Management L L P NC (0.02%). 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.

WM stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Municipal Employees Retirement System of Michigan, Sanders Morris Harris LLC, 6 Meridian, Manning & Napier Group LLC, Silverleafe Capital Partners LLC, Carnegie Capital Asset Management LLC, and Thomasville National Bank. 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.

WM stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Chesley Taft & Associates LLC, Park National Corp OH, Gradient Investments LLC, DNB Asset Management AS, Diversified Trust Co, Vigilant Capital Management LLC, and Independence Bank of Kentucky. View insider buying and selling activity for 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.

One share of WM stock can currently be purchased for approximately $103.82.

Waste Management has a market capitalization of $43.81 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.

The official website for Waste Management is www.wm.com.

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]