Waste Management, Inc. (WM)

NYSE: WM · IEX Real-Time Price · USD
205.50
-1.76 (-0.85%)
Feb 29, 2024, 3:59 PM EST - Market closed
-0.85%
Market Cap 83.24B
Revenue (ttm) 20.43B
Net Income (ttm) 2.30B
Shares Out 401.60M
EPS (ttm) 5.66
PE Ratio 36.31
Forward PE 29.05
Dividend $2.80 (1.36%)
Ex-Dividend Date Nov 30, 2023
Volume 1,678,163
Open 207.05
Previous Close 207.26
Day's Range 204.79 - 207.26
52-Week Range 148.48 - 209.78
Beta 0.71
Analysts Buy
Price Target 191.76 (-6.69%)
Earnings Date Apr 24, 2024

About 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 nat... [Read more]

Sector Industrials
IPO Date Jun 2, 1988
Employees 48,000
Stock Exchange NYSE
Ticker Symbol WM
Full Company Profile

Financial Performance

In 2023, WM's revenue was $20.43 billion, an increase of 3.70% compared to the previous year's $19.70 billion. Earnings were $2.30 billion, an increase of 2.95%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for WM stock is "Buy." The 12-month stock price forecast is $191.76, which is a decrease of -6.69% from the latest price.

Price Target
$191.76
(-6.69% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Waste Management: Is it a good use of your time?

Waste Management Inc. NYSE: WM is not a high-flying growth stock, a game-changing technology or a robust dividend, but it has many qualities income investors can appreciate.

16 days ago - MarketBeat

WM Announces Fourth Quarter and Full-Year 2023 Earnings

HOUSTON--(BUSINESS WIRE)--WM (NYSE: WM) today announced financial results for the quarter and year ended December 31, 2023.   Three Months Ended   Year Ended   December 31, 2023 December 31, 2022   De...

16 days ago - Business Wire

WM Sets Date for Fourth Quarter and Full-Year Earnings Release Conference Call

HOUSTON--(BUSINESS WIRE)--WM (NYSE: WM) announced that it will release fourth quarter and full-year 2023 financial results after the close of the market on Monday, Feb. 12, 2023 and host its investor ...

7 weeks ago - Business Wire

Trade Tracker: Kevin Simpson buys Waste Management and IBM

Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to discuss his latest trades.

Other symbols: IBM
2 months ago - CNBC Television

WM Announces Plan to Increase its Dividend Rate and a Refreshed $1.5 Billion Share Repurchase Authorization

HOUSTON--(BUSINESS WIRE)--WM (NYSE: WM) today announced that its Board of Directors has approved a 7.1% increase in the planned quarterly dividend rate for 2024, from $0.70 to $0.75 per share. The ann...

2 months ago - Business Wire

EQT Infrastructure to acquire a majority position in Heritage Environmental Services, a leading provider of industrial waste management

Industrial waste management services constitute a vital segment of the industrial manufacturing and production process by ensuring reliable and compliant final disposal of specialized and highly regul...

2 months ago - PRNewsWire

WM Announces Cash Dividend

HOUSTON--(BUSINESS WIRE)--WM (NYSE: WM) today announced the declaration of a quarterly cash dividend of $0.70 per share payable Dec. 15, 2023, to stockholders of record on Dec. 1, 2023. ABOUT WM WM (W...

4 months ago - Business Wire

Jim Cramer names six stocks worth looking to buy if there's a major sell-off

Among the names CNBC's Jim Cramer likes are Procter & Gamble, General Electric and WM.

Other symbols: GEMETAMSFTNOWPG
4 months ago - CNBC

Why WM Stock Is the Top S&P 500 Performer Wednesday

WM, previously known as Waste Management, posts better-than-expected third-quarter earnings.

4 months ago - Barrons

WM Announces Third Quarter Earnings

HOUSTON--(BUSINESS WIRE)--WM (NYSE: WM) today announced financial results for the quarter ended September 30, 2023.   Three Months Ended   Three Months Ended   September 30, 2023 (in millions, except ...

4 months ago - Business Wire

Time to Clean Up with These 3 Profitable Garbage Stocks

If there's one thing that will continue to compound and swell for as long as there are cities, communities and towns, it's garbage. Trash, waste, junk, litter, rubbish, muck, and refuse colorfully des...

Other symbols: CLHWCN
5 months ago - MarketBeat

Global Plastic Waste Management Market to Reach USD 46.84 Billion By 2032 | Emergen Research

The increasing level of pollution caused by plastic waste, implementation of sustainable development, and awareness regarding hazardous effects of plastic waste are significant factors influencing the...

5 months ago - GlobeNewsWire

Sydney's CBD Waste Achieves Significant Revenue Growth in Sustainable Waste Management

Sydney, Australia--(Newsfile Corp. - September 29, 2023) -  CBD Waste, a boutique waste management and recycling company, announced a remarkable 149% total company revenue growth for the fiscal year 2...

5 months ago - Newsfile Corp

WM Sets Date for Third Quarter Earnings Release Conference Call

HOUSTON--(BUSINESS WIRE)---- $WM--WM (NYSE: WM) announced that it will release third quarter financial results after the close of the market on Tuesday, October 24, 2023 and host its investor conferen...

5 months ago - Business Wire

Sims Metal among 370+ exhibitors at the Resource & Waste Management Expo

BIRMINGHAM, England--(BUSINESS WIRE)--Sims Metal exhibiting at Resource & Waste Management Expo 13-14 September 2023.

6 months ago - Business Wire

Global Medical Waste Management Market Size to Reach USD 14.55 Billion in 2030 | Emergen Research

Increase in the volume of medical waste is a key factor driving the market revenue growth Increase in the volume of medical waste is a key factor driving the market revenue growth

6 months ago - GlobeNewsWire

Plastic Waste Management Market Set to Soar Past USD 43.32 Billion by 2030 | Skyquest Technology

Efforts to manage plastic waste, encompassing collection, recycling, incineration, and landfill disposal, drive growth in a dynamic market. Diverse polymers like PP, LDPE, HDPE, PVC, PUR, and PET emer...

7 months ago - GlobeNewsWire

WM Announces Pricing of $2 Billion Senior Notes

HOUSTON--(BUSINESS WIRE)--Waste Management, Inc. (NYSE: WM) (“WM” or the “Company”) today announced that it has priced a public offering of $2,000,000,000 aggregate principal amount of senior notes un...

7 months ago - Business Wire

WM Announces Second Quarter Earnings

HOUSTON--(BUSINESS WIRE)--WM (NYSE: WM) today announced financial results for the quarter ended June 30, 2023.   Three Months Ended Three Months Ended   June 30, 2023 (in millions, except per share am...

7 months ago - Business Wire

E-waste Management Market to Reach 63.22 Million Tons by 2029 | With Exhibiting A CAGR of 3.3%

Key companies covered in E-waste Management Market are Capital Environment Holdings Limited (Hong Kong), Eri (U.S.), Enviro-Hub Holdings Ltd. (Singapore), Sembcorp Environmental Management (Singapore)...

8 months ago - GlobeNewsWire

WM Sets Date for Second Quarter Earnings Release Conference Call

HOUSTON--(BUSINESS WIRE)--WM (NYSE: WM) announced that it will release second quarter financial results after the close of the market on Tuesday, July 25, 2023 and host its investor conference call We...

8 months ago - Business Wire

Routeware Announces Acquisition of Compliance Publishing, Expanding Its Solutions for Medical Waste Management

PORTLAND, Ore., June 22, 2023 (GLOBE NEWSWIRE) -- Routeware, a leading provider of integrated technology solutions for the waste and recycling industry, is pleased to announce the acquisition of St. L...

9 months ago - GlobeNewsWire

Exploring Technological Innovations in the GCC Waste Management Industry

SkyQuest's GCC Waste Management market report provides actionable insights for individuals interested in valuable data, trends, and opportunities in a rapidly growing industry. Additionally, the repor...

9 months ago - GlobeNewsWire

Malaysia's Largest Waste Management Provider Selects Allison 3000 SeriesTM to Improve Efficiency of Refuse Vehicles

KUALA LUMPUR, Malaysia--(BUSINESS WIRE)--Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of m...

9 months ago - Business Wire

WM Board of Directors Elects Kathleen M. Mazzarella Chairman of the Board

HOUSTON--(BUSINESS WIRE)--Waste Management, Inc. (NYSE: WM) announced today that its Board of Directors has elected Kathleen (Kathy) M. Mazzarella as Chairman of the Board to replace retiring Chairman...

10 months ago - Business Wire