NYSE:WMWaste Management Stock Price, Forecast & News

Waste Management's stock was trading at $109.97 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WM shares have 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 quarterly earnings data on Wednesday, May, 6th. The business services provider reported $0.93 earnings per share for the quarter, meeting the consensus estimate of $0.93. The business services provider earned $3.73 billion during the quarter, compared to analysts' expectations of $3.73 billion. Waste Management had a net margin of 10.87% and a return on equity of 27.69%. The firm's revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.94 earnings per share. View Waste Management's earnings history.

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

Waste Management declared that its Board of Directors has authorized a stock repurchase plan on Thursday, December 13th 2018, which allows the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 3.9% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board believes its shares are undervalued.

17 brokers have issued 12 month price targets for Waste Management's shares. Their forecasts range from $99.00 to $130.00. On average, they expect Waste Management's share price to reach $116.79 in the next year. This suggests a possible upside of 12.5% from the stock's current price. View analysts' price targets for Waste Management.

News headlines about WM stock have trended negative on Friday, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Waste Management earned a news impact score of -2.4 on InfoTrie's scale. They also assigned press coverage about the business services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news about Waste Management.

Waste Management saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 3,880,000 shares, a drop of 15.1% from the June 15th total of 4,570,000 shares. Based on an average trading volume of 2,670,000 shares, the short-interest ratio is presently 1.5 days. Approximately 0.9% of the shares of the company are sold short. 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 retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.11%), Park National Corp OH (0.03%), Gradient Investments LLC (0.03%), Wedge Capital Management L L P NC (0.02%), DNB Asset Management AS (0.02%) and Chesley Taft & Associates LLC (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, Silverleafe Capital Partners LLC, Carnegie Capital Asset Management LLC, Thomasville National Bank, and Symphony Financial Ltd. Co.. 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 purchased 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, Independence Bank of Kentucky, and Xcel Wealth Management LLC. 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]