NYSE:WMWaste Management Stock Price, Forecast & News

Waste Management's stock was trading at $109.97 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WM stock has decreased by 5.6% and is now trading at $103.82. 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) released its earnings results on Wednesday, May, 6th. The business services provider reported $0.93 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.93. The business services provider earned $3.73 billion during 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%. Waste Management's revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.94 EPS. View Waste Management's earnings history.

Waste Management declared a quarterly dividend on Tuesday, May 12th. Investors of record on Friday, June 5th will be paid a dividend of $0.545 per share on Friday, June 19th. This represents a $2.18 annualized dividend and a dividend yield of 2.10%. The ex-dividend date of this dividend is Thursday, June 4th. View Waste Management's dividend history.

Waste Management declared that its board has approved a share repurchase 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 buy up to 3.9% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

17 analysts have issued 12 month price targets for Waste Management's shares. 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 twelve months. This suggests a possible upside of 12.5% from the stock's current price. View analysts' price targets for Waste Management.

Press coverage about WM stock has been trending neutral on Sunday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media 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 positive five, with scores nearest to five being the most favorable. Waste Management earned a news sentiment score of 0.4 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Waste Management.

Waste Management saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 3,880,000 shares, a decrease of 15.1% from the June 15th total of 4,570,000 shares. Based on an average daily volume of 2,670,000 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.9% of the company's stock are short sold. 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 number of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.11%), Manning & Napier Group LLC (0.04%), Vigilant Capital Management LLC (0.03%), Park National Corp OH (0.03%), Gradient Investments LLC (0.03%) and Wedge Capital Management L L P NC (0.02%). 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 State of Alaska Department of Revenue, Municipal Employees Retirement System of Michigan, Sanders Morris Harris LLC, 6 Meridian, Manning & Napier Group LLC, Silverleafe Capital Partners LLC, Carnegie Capital Asset Management LLC, and 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 Envestnet Asset Management Inc., Chesley Taft & Associates LLC, Park National Corp OH, Gradient Investments LLC, DNB Asset Management AS, Diversified Trust Co, Vigilant Capital Management LLC, and Independence Bank of Kentucky. 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 $103.82.

Waste Management has a market capitalization of $43.81 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]