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, 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.
Industry, Sector and Symbol
Stock Exchange NYSE
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 Ratio24.31
Forward P/E Ratio20.84
P/E Growth1.73
Sales & Book Value
Annual Sales$14.49 billion
Price / Sales2.49
Cash Flow$6.6221 per share
Price / Cash12.65
Book Value$13.91 per share
Price / Book6.02
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
Market Cap$36,387.43
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 announced a quarterly dividend on Monday, May 14th. Investors of record on Friday, June 8th will be paid a dividend of $0.465 per share on Friday, June 22nd. This represents a $1.86 dividend on an annualized basis and a yield of 2.22%. 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 announced that its board has initiated a stock repurchase plan on Friday, December 15th 2017, which authorizes the company to repurchase $1,250,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its stock is undervalued.
How were Waste Management's earnings last quarter?
Waste Management, Inc. (NYSE:WM) released its quarterly earnings data on Friday, April, 20th. The business services provider reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.09. The business services provider earned $3.51 billion during the quarter, compared to analyst estimates of $3.57 billion. Waste Management had a net margin of 14.06% and a return on equity of 26.73%. The firm's quarterly revenue was up 2.1% compared to the same quarter last year. During the same period last year, the company earned $0.66 earnings per share. View Waste Management's Earnings History.
When is Waste Management's next earnings date?
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 earnings per share guidance of $3.97-4.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.00.
What price target have analysts set for WM?
9 equities research analysts have issued twelve-month price objectives 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 twelve months. This suggests a possible upside of 8.3% from the stock's current price. View Analyst Ratings for Waste Management.
What is the consensus analysts' recommendation for Waste Management?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waste Management in the last year. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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 coverage about WM stock has trended somewhat positive on Tuesday, Accern Sentiment reports. The research group scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Waste Management earned a media sentiment score of 0.17 on Accern's scale. They also gave news articles about the business services provider an impact score of 46.50 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
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 Gateway Investment Advisers LLC (0.09%), CHURCHILL MANAGEMENT Corp (0.05%), Investment House LLC (0.03%), Manning & Napier Group LLC (0.03%), Franklin Street Advisors Inc. NC (0.02%) and State of Alaska Department of Revenue (0.02%). 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 LVM Capital Management Ltd. MI, NN Investment Partners Holdings N.V., Manning & Napier Group LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund, Catawba Capital Management VA and Cerebellum GP LLC. 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 acquired by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, CHURCHILL MANAGEMENT Corp, Franklin Street Advisors Inc. NC, DnB Asset Management AS, Gofen & Glossberg LLC IL, First American Trust FSB, Pensionfund DSM Netherlands and Pensionfund Sabic. 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 $83.77.
How big of a company is Waste Management?
Waste Management has a market capitalization of $36.39 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 (NYSE WM)
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.
