Waste Management, Inc. (NYSE:WM – Free Report) – Investment analysts at William Blair upped their FY2025 earnings per share estimates for shares of Waste Management in a report issued on Tuesday, March 18th. William Blair analyst T. Romeo now forecasts that the business services provider will post earnings per share of $7.80 for the year, up from their previous estimate of $7.79. William Blair has a “Outperform” rating on the stock. The consensus estimate for Waste Management’s current full-year earnings is $7.70 per share. William Blair also issued estimates for Waste Management’s Q4 2025 earnings at $1.98 EPS.
WM has been the subject of a number of other research reports. Scotiabank raised their price objective on Waste Management from $250.00 to $255.00 and gave the stock a “sector outperform” rating in a research report on Monday, February 3rd. Morgan Stanley lifted their price target on Waste Management from $227.00 to $235.00 and gave the stock an “equal weight” rating in a research report on Friday, January 31st. Oppenheimer lifted their price target on Waste Management from $231.00 to $237.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. CIBC lifted their price target on Waste Management from $227.00 to $247.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 5th. Finally, Citigroup lifted their price target on Waste Management from $242.00 to $255.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $236.65.
Waste Management Stock Down 0.9 %
Waste Management stock opened at $224.76 on Friday. The company has a debt-to-equity ratio of 2.73, a current ratio of 0.76 and a quick ratio of 0.85. The stock has a market capitalization of $90.38 billion, a price-to-earnings ratio of 33.05, a PEG ratio of 2.71 and a beta of 0.75. Waste Management has a 1-year low of $196.59 and a 1-year high of $235.81. The business has a fifty day moving average price of $222.69 and a 200-day moving average price of $215.86.
Waste Management (NYSE:WM – Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The business services provider reported $1.70 earnings per share for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.09). Waste Management had a return on equity of 37.93% and a net margin of 12.45%.
Waste Management Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a dividend of $0.825 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $3.30 dividend on an annualized basis and a yield of 1.47%. This is an increase from Waste Management’s previous quarterly dividend of $0.75. Waste Management’s dividend payout ratio is currently 48.53%.
Insider Activity
In related news, SVP Johnson Varkey sold 560 shares of the business’s stock in a transaction on Friday, January 31st. The shares were sold at an average price of $220.11, for a total value of $123,261.60. Following the completion of the sale, the senior vice president now owns 9,152 shares of the company’s stock, valued at approximately $2,014,446.72. The trade was a 5.77 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Tara J. Hemmer sold 4,576 shares of the business’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $222.12, for a total transaction of $1,016,421.12. Following the completion of the sale, the senior vice president now directly owns 58,765 shares of the company’s stock, valued at approximately $13,052,881.80. The trade was a 7.22 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 95,577 shares of company stock worth $21,662,464 in the last quarter. Corporate insiders own 0.18% of the company’s stock.
Institutional Investors Weigh In On Waste Management
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Chancellor Financial Group WB LP acquired a new stake in Waste Management during the 4th quarter worth $623,000. 111 Capital acquired a new stake in Waste Management during the 4th quarter worth $2,468,000. NorthCrest Asset Manangement LLC boosted its stake in Waste Management by 524.7% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 81,759 shares of the business services provider’s stock worth $16,498,000 after purchasing an additional 68,672 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ acquired a new position in shares of Waste Management during the 4th quarter valued at about $27,540,000. Finally, PKO Investment Management Joint Stock Co acquired a new position in shares of Waste Management during the 4th quarter valued at about $1,294,000. Institutional investors and hedge funds own 80.40% of the company’s stock.
Waste Management Company Profile
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.
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