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

$118.16
-1.86 (-1.55 %)
(As of 08/20/2019 02:20 PM ET)
Today's Range
$118.16
Now: $118.16
$119.73
50-Day Range
$114.35
MA: $117.45
$120.03
52-Week Range
$83.22
Now: $118.16
$120.58
Volume39,345 shs
Average Volume1.81 million shs
Market Capitalization$50.13 billion
P/E Ratio28.20
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$7.8773 per share
Book Value$14.72 per share

Profitability

Net Income$1.93 billion

Miscellaneous

Employees43,700
Market Cap$50.13 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 announced a quarterly dividend on Tuesday, May 14th. Stockholders of record on Friday, June 7th will be paid a dividend of $0.5125 per share on Friday, June 21st. This represents a $2.05 annualized dividend and a dividend yield of 1.73%. 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 approved a share buyback program on Thursday, December 13th 2018, which authorizes the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 3.9% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

How were Waste Management's earnings last quarter?

Waste Management, Inc. (NYSE:WM) issued its quarterly earnings data on Thursday, July, 25th. The business services provider reported $1.11 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 analyst estimates of $3.94 billion. Waste Management had a net margin of 11.49% and a return on equity of 29.15%. The firm's quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.01 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 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 (EPS) 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 Wall Street analysts have issued 1-year price targets 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 2.1%. 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?

Media headlines about WM stock have been trending positive this week, according to InfoTrie. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Waste Management earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave news headlines about the business services provider a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the next several days. View News Stories for Waste Management.

Are investors shorting Waste Management?

Waste Management saw a drop in short interest in the month of July. As of July 15th, there was short interest totalling 3,397,900 shares, a drop 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 days-to-cover ratio is currently 2.1 days. Currently, 0.8% of the shares of the stock 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 many different of institutional and retail 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 $118.37.

How big of a company is Waste Management?

Waste Management has a market capitalization of $50.22 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 8/20/2019 by MarketBeat.com Staff

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