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 4.5% and is now trading at $104.97. 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) announced its quarterly earnings results on Wednesday, May, 6th. The business services provider reported $0.93 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.93. The business services provider had revenue of $3.73 billion for the quarter, compared to analyst estimates of $3.73 billion. Waste Management had a net margin of 10.87% and a return on equity of 27.69%. The business's revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.94 EPS. View Waste Management's earnings history.

Waste Management declared a quarterly dividend on Tuesday, May 12th. Stockholders of record on Friday, June 5th will be given a dividend of $0.545 per share on Friday, June 19th. This represents a $2.18 annualized dividend and a dividend yield of 2.08%. The ex-dividend date of this dividend is Thursday, June 4th. View Waste Management's dividend history.

Waste Management announced that its board has authorized a stock buyback plan on Thursday, December 13th 2018, which authorizes the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 3.9% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.

17 brokers have issued 1-year target prices for Waste Management's stock. Their forecasts range from $99.00 to $130.00. On average, they anticipate Waste Management's stock price to reach $116.79 in the next year. This suggests a possible upside of 11.3% from the stock's current price. View analysts' price targets for Waste Management.

Press coverage about WM stock has trended somewhat negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of news 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 nearest to five being the most favorable. Waste Management earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the business services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Waste Management.

Waste Management saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 4,570,000 shares, a drop of 12.1% from the May 31st total of 5,200,000 shares. Based on an average trading volume of 3,130,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.1% of the shares of the stock 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 variety of institutional and retail investors. Top institutional investors include Park National Corp OH (0.03%), Thomasville National Bank (0.00%) and M&R Capital Management Inc. (0.00%). 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 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 Park National Corp OH, and M&R Capital Management Inc.. 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 $104.97.

Waste Management has a market capitalization of $44.30 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.

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]