NYSE:WM - Waste 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 (WHO). Since then, WM shares have decreased by 17.1% and is now trading at $91.14. View which stocks have been mosted impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waste Management in the last year. There are currently 5 hold ratings and 12 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 Wednesday, May 6th 2020. View our earnings forecast for Waste Management.

Waste Management will be holding an earnings conference call on Wednesday, May 6th 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 results on Thursday, February, 13th. The business services provider reported $1.19 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.15 by $0.04. The business services provider earned $3.85 billion during the quarter, compared to analyst estimates of $3.97 billion. Waste Management had a return on equity of 28.14% and a net margin of 10.81%. Waste Management's revenue for the quarter was up .1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.13 earnings per share. View Waste Management's earnings history.

Waste Management announced a quarterly dividend on Tuesday, February 18th. Stockholders of record on Friday, March 6th will be given a dividend of $0.545 per share on Friday, March 20th. This represents a $2.18 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date of this dividend is Thursday, March 5th. This is a boost from Waste Management's previous quarterly dividend of $0.51. View Waste Management's dividend history.

Waste Management announced that its board has approved a share buyback plan on Thursday, December 13th 2018, which permits the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 3.9% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its stock is undervalued.

17 analysts have issued 1-year price objectives for Waste Management's shares. Their forecasts range from $111.00 to $145.00. On average, they expect Waste Management's stock price to reach $125.93 in the next year. This suggests a possible upside of 38.2% from the stock's current price. View analysts' price targets for Waste Management.

Media stories about WM stock have trended very negative on Thursday, InfoTrie Sentiment Analysis 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 companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Waste Management earned a news impact score of -3.3 on InfoTrie's scale. They also gave news stories about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutWaste Management.

Waste Management saw a decline in short interest during the month of March. As of March 13th, there was short interest totaling 5,495,400 shares, a decline of 8.6% from the February 27th total of 6,010,000 shares. Based on an average daily volume of 1,930,000 shares, the days-to-cover ratio is presently 2.8 days. Currently, 1.3% of the shares of the company 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), Team (TISI), CECO Environmental (CECE), Acorn Energy (ACFN) and Metalico (MEA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Waste Management investors own include NVIDIA (NVDA), Walt Disney (DIS), AT&T (T), Johnson & Johnson (JNJ), Verizon Communications (VZ), Visa (V), Home Depot (HD), Alibaba Group (BABA), Cisco Systems (CSCO) and Boeing (BA).

Waste Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "WM."

Waste Management's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Park National Corp OH (0.03%), Thomasville National Bank (0.00%) and Private Asset Management Inc. (0.00%). Company insiders that own Waste Management stock include Barry H Caldwell, 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, Nikolaj H Sjoqvist, Patrick W Gross, Steve Batchelor and Tara J Hmmer. View institutional ownership trends for Waste Management.

WM stock was purchased by a variety of institutional investors in the last quarter, including Park National Corp OH, Thomasville National Bank, and Private Asset Management Inc.. 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 $91.14.

Waste Management has a market capitalization of $38.71 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. View additional information about Waste Management.

The official website for Waste Management is http://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]