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

$111.95
-1.12 (-0.99 %)
(As of 09/15/2019 08:45 AM ET)
Today's Range
$111.79
Now: $111.95
$114.35
50-Day Range
$112.06
MA: $117.78
$120.33
52-Week Range
$83.22
Now: $111.95
$121.77
Volume1.61 million shs
Average Volume1.58 million shs
Market Capitalization$47.49 billion
P/E Ratio26.65
Dividend Yield1.81%
Beta0.61
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$7.8617 per share
Book Value$14.72 per share

Profitability

Net Income$1.93 billion

Miscellaneous

Employees43,700
Market Cap$47.49 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 Monday, August 19th. Investors of record on Friday, September 6th will be given a dividend of $0.512 per share on Friday, September 20th. This represents a $2.05 annualized dividend and a yield of 1.83%. The ex-dividend date is Thursday, September 5th. View Waste Management's Dividend History.

How will Waste Management's stock buyback program work?

Waste Management announced that its Board of Directors has approved a stock buyback plan on Thursday, December 13th 2018, which permits the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 3.9% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's leadership believes its shares are 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, beating the Zacks' consensus estimate of $1.07 by $0.04. The business services provider earned $3.95 billion during the quarter, compared to the consensus estimate of $3.94 billion. Waste Management had a net margin of 11.49% and a return on equity of 29.15%. The company's revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the prior year, the business earned $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 updated 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?

13 brokers have issued 1-year price targets for Waste Management's shares. Their forecasts range from $98.00 to $130.00. On average, they anticipate Waste Management's stock price to reach $117.1818 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for Waste Management.

What is the consensus analysts' recommendation for Waste Management?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waste Management in the last year. There are currently 4 hold ratings and 9 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?

News headlines about WM stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by analyzing 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 nearest to five being the most favorable. Waste Management earned a news sentiment score of 0.9 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Waste Management.

Are investors shorting Waste Management?

Waste Management saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 3,854,200 shares, an increase of 9.9% from the July 31st total of 3,507,800 shares. Based on an average daily volume of 1,760,000 shares, the short-interest ratio is presently 2.2 days. Currently, 0.9% of the shares of the company are sold short. 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), Boeing (BA), Verizon Communications (VZ), Johnson & Johnson (JNJ), Visa (V), Home Depot (hd), Cisco Systems (CSCO) and Intel (INTC).

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 number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.48%), BlackRock Inc. (7.58%), BlackRock Inc. (7.58%), Parnassus Investments CA (1.29%), Northern Trust Corp (1.21%) and AQR Capital Management LLC (0.96%). 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 institutional 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 institutional investors are buying Waste Management stock?

WM stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., BlackRock Inc., Senator Investment Group LP, California Public Employees Retirement System, Invesco Ltd., Thoroughbred Financial Services LLC and APG Asset Management N.V.. 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, Robinhood, Fidelity and Charles Schwab.

What is Waste Management's stock price today?

One share of WM stock can currently be purchased for approximately $111.95.

How big of a company is Waste Management?

Waste Management has a market capitalization of $47.49 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:  437 (Vote Outperform)
Underperform Votes:  402 (Vote Underperform)
Total Votes:  839
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 9/15/2019 by MarketBeat.com Staff

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