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 Ratio1.48
Current Ratio0.75
Quick Ratio0.72
Price-To-Earnings
Trailing P/E Ratio28.37
Forward P/E Ratio22.39
P/E Growth1.85
Sales & Book Value
Annual Sales$14.49 billion
Price / Sales2.70
Cash Flow$6.7760 per share
Price / Cash13.48
Book Value$13.91 per share
Price / Book6.57
Profitability
EPS (Most Recent Fiscal Year)$3.22
Net Income$1.95 billion
Net Margins14.94%
Return on Equity27.38%
Return on Assets7.39%
Miscellaneous
Employees42,300
Outstanding Shares428,720,000
Market Cap$38.56 billion
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 declared a quarterly dividend on Monday, May 14th. Shareholders of record on Friday, June 8th will be given 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 2.04%. The ex-dividend date of this dividend 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 approved a stock buyback plan on Friday, December 15th 2017, which authorizes the company to repurchase $1,250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's leadership believes its stock is undervalued.
How were Waste Management's earnings last quarter?
Waste Management, Inc. (NYSE:WM) announced its quarterly earnings results on Wednesday, July, 25th. The business services provider reported $1.01 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.99 by $0.02. The business services provider had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.76 billion. Waste Management had a return on equity of 27.38% and a net margin of 14.94%. Waste Management's revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.81 EPS. 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 Wednesday, July, 25th. The company provided earnings per share guidance of $4.05-4.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.01.
What price target have analysts set for WM?
9 brokerages have issued 1-year price targets for Waste Management's shares. Their predictions range from $83.00 to $100.00. On average, they expect Waste Management's stock price to reach $91.1250 in the next twelve months. This suggests that the stock has a possible downside of 0.2%. View Analyst Price Targets 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." View Analyst Ratings for Waste Management.
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 articles about WM stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. 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 news and rumor sentiment score of 0.24 on Accern's scale. They also gave media headlines about the business services provider an impact score of 45.69 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Waste Management.
Who are Waste Management's major shareholders?
Waste Management's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.11%), Macquarie Group Ltd. (2.16%), Wells Fargo & Company MN (1.56%), Parnassus Investments CA (1.28%), Bank of America Corp DE (1.05%) and Janus Henderson Group PLC (0.97%). Company insiders that own Waste Management stock include Barry H Caldwell, Devina A Rankin, Frank M Clark, James C Fish Jr, James E Trevathan Jr, Jeff M Harris, John C Pope, John J Morris, Nikolaj H Sjoqvist and Patrick W Gross. 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 Millennium Management LLC, Renaissance Technologies LLC, BlackRock Inc., WBI Investments Inc., LVM Capital Management Ltd. MI, Bank of America Corp DE, Point72 Asset Management L.P. and NN Investment Partners Holdings N.V.. 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 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 purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Acadian Asset Management LLC, Macquarie Group Ltd., Natixis, PNC Financial Services Group Inc., Dana Investment Advisors Inc., American Century Companies Inc. and Gateway Investment Advisers LLC. 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 $91.34.
How big of a company is Waste Management?
Waste Management has a market capitalization of $38.56 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.
