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NYSE:WM

Waste Management (WM) Stock Price, News & Analysis

$209.38
+1.28 (+0.62%)
(As of 08/21/2024 ET)
Today's Range
$208.07
$209.47
50-Day Range
$196.96
$223.45
52-Week Range
$149.71
$225.00
Volume
901,367 shs
Average Volume
1.70 million shs
Market Capitalization
$84.03 billion
P/E Ratio
34.27
Dividend Yield
1.43%
Price Target
$215.83

Waste Management MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
3.1% Upside
$215.83 Price Target
Short Interest
Healthy
0.89% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.80
Upright™ Environmental Score
News Sentiment
0.55mentions of Waste Management in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$1.19 M Sold Last Quarter
Proj. Earnings Growth
10.08%
From $7.24 to $7.97 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.84 out of 5 stars

Business Services Sector

13th out of 301 stocks

Refuse Systems Industry

2nd out of 7 stocks

WM stock logo

About Waste Management Stock (NYSE:WM)

Waste Management, Inc., through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers 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 and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity. As of December 31, 2022, the company owned or operated 254 solid waste landfills, five secure hazardous waste landfills, 97 MRFs, and 337 transfer stations. It also provides materials processing and commodities recycling services at its MRFs, where cardboard, paper, glass, metals, plastics, construction and demolition materials, and other recycling commodities are recovered for resale or redirected for other purposes; 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. 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.

WM Stock Price History

WM Stock News Headlines

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3 Buy-and-Forget Stocks for Long-Term Investors (WM)
Three stocks made it into the "Buy and Forget" category, as their business models and product offerings are detached from the market's volatility
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Top 3 Stocks to Watch: Options Traders Bet on Big Gains (WM)
Three stocks have stood out for call option traders to bet on in the coming months as a view for a recovery rally after an S&P 500 sell-off last week
US developing “superweapon” to defeat China and Russia?
Our new superweapon is a gift to every patriot. I predict the devastating new tech behind this weapon will create the greatest investment opportunity for Americans since WWII. Similar stocks in the past have seen peak gains of 16,270%in just 18 months.
IBM, ServiceNow rise; Waste Management, Ford fall, Thursday, 7/25/2024
Stocks that traded heavily or had substantial price changes on Thursday: IBM, ServiceNow rise; Waste Management, Ford fall
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3 Essential Stocks to Own During Market Rotation
Three stocks come to offer investors a different way to play the new market's rotation, and each of them has a financial and fundamental reason for backing
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3 Defensive Stock Picks Investors Should Consider Today
As uncertainty rises due to the new market rotation, investors will benefit from considering a defensive portfolio, with three names that stand out in upside
US developing “superweapon” to defeat China and Russia?
Our new superweapon is a gift to every patriot. I predict the devastating new tech behind this weapon will create the greatest investment opportunity for Americans since WWII. Similar stocks in the past have seen peak gains of 16,270%in just 18 months.
WM Aug 2024 192.500 put
WM Aug 2024 190.000 call (WM240823C00190000)
WM Jun 2025 165.000 put (WM250620P00165000)
USA Waste Services, Inc.
3 Must-Buy Stocks for the Month of August
See More Headlines
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Company Calendar

Ex-Dividend for 6/21 Dividend
6/07/2024
Dividend Payable
6/21/2024
Last Earnings
7/24/2024
Today
8/22/2024
Next Earnings (Estimated)
10/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Refuse systems
Sub-Industry
Environmental & Facilities Services
CUSIP
94106L10
Employees
48,000
Year Founded
1968

Price Target and Rating

Average Stock Price Target
$215.83
High Stock Price Target
$256.00
Low Stock Price Target
$165.00
Potential Upside/Downside
+3.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
20 Analysts

Profitability

Net Income
$2.30 billion
Pretax Margin
15.63%

Debt

Sales & Book Value

Annual Sales
$20.43 billion
Cash Flow
$12.37 per share
Book Value
$17.12 per share

Miscellaneous

Free Float
400,361,000
Market Cap
$84.03 billion
Optionable
Optionable
Beta
0.74

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WM Stock Analysis - Frequently Asked Questions

How have WM shares performed this year?

Waste Management's stock was trading at $179.10 at the beginning of the year. Since then, WM stock has increased by 16.9% and is now trading at $209.38.
View the best growth stocks for 2024 here
.

How were Waste Management's earnings last quarter?

Waste Management, Inc. (NYSE:WM) issued its quarterly earnings data on Wednesday, July, 24th. The business services provider reported $1.82 EPS for the quarter, meeting the consensus estimate of $1.82. The company's revenue for the quarter was up 5.5% on a year-over-year basis.
Read the conference call transcript
.

Is Waste Management doing a stock buyback?

Waste Management's Board of Directors initiated a share repurchase plan on Thursday, December 8th 2022, which allows the company to buy back $1,500,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 2.2% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.

What is James C. Fish, Jr's approval rating as Waste Management's CEO?

529 employees have rated Waste Management Chief Executive Officer James C. Fish, Jr on Glassdoor.com. James C. Fish, Jr has an approval rating of 82% among the company's employees. 66.0% of employees surveyed would recommend working at Waste Management to a friend.

Does Waste Management have any subsidiaries?

The following companies are subsidiaries of Waste Management: Advanced Disposal Services, Anderson Rubbish Disposal, Illini Disposal, Deffenbaugh Industries Inc., Liquid Logistics, Summit Energy Services Inc, Greenstar Recycling LLC, and others.

Who are Waste Management's major shareholders?

Waste Management's top institutional shareholders include Ameriprise Financial Inc. (1.13%), Legal & General Group Plc (0.96%), Bank of New York Mellon Corp (0.72%) and Dimensional Fund Advisors LP (0.55%). Insiders that own company stock include James C Fish Jr, John J Morris, John C Pope, Tara J Hemmer, Michael J Watson, Nikolaj H Sjoqvist, Charles C Boettcher, Rafael Carrasco, Christopher P Desantis, John A Carroll, Donald J Smith, Leslie K Nagy, Kelly C Rooney and Bruce E Chinn.
View institutional ownership trends
.

How do I buy shares of Waste Management?

Shares of WM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Waste Management own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Waste Management investors own include Johnson & Johnson (JNJ), NVIDIA (NVDA), AT&T (T), Walt Disney (DIS), AbbVie (ABBV), Home Depot (HD) and Verizon Communications (VZ).

This page (NYSE:WM) was last updated on 8/22/2024 by MarketBeat.com Staff

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