FY2025 EPS Forecast for Waste Management Raised by Analyst

Waste Management, Inc. (NYSE:WMFree Report) – Investment analysts at William Blair boosted their FY2025 earnings per share estimates for shares of Waste Management in a research note issued on Tuesday, March 18th. William Blair analyst T. Romeo now expects that the business services provider will post earnings of $7.80 per share for the year, up from their previous forecast of $7.79. William Blair currently 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 topic of a number of other reports. Stifel Nicolaus boosted their price objective on Waste Management from $243.00 to $252.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Jefferies Financial Group lowered their price objective on Waste Management from $255.00 to $238.00 and set a “buy” rating on the stock in a research report on Thursday, January 23rd. CIBC boosted their price objective on Waste Management from $227.00 to $247.00 and gave the company a “neutral” rating in a research report on Wednesday, March 5th. StockNews.com cut Waste Management from a “buy” rating to a “hold” rating in a research report on Friday, January 31st. Finally, Oppenheimer boosted their price target on Waste Management from $231.00 to $237.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $236.65.

View Our Latest Report on Waste Management

Waste Management Stock Performance

Shares of NYSE WM opened at $226.83 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.76 and a debt-to-equity ratio of 2.73. The business’s 50 day moving average is $222.33 and its two-hundred day moving average is $215.73. The company has a market cap of $91.21 billion, a P/E ratio of 33.36, a P/E/G ratio of 2.71 and a beta of 0.75. Waste Management has a 12 month low of $196.59 and a 12 month high of $235.81.

Waste Management (NYSE:WMGet Free Report) last issued 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 net margin of 12.45% and a return on equity of 37.93%.

Waste Management Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date is Friday, March 14th. 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 at Waste Management

In other Waste Management news, CEO James C. Fish, Jr. sold 44,405 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $228.43, for a total value of $10,143,434.15. Following the completion of the sale, the chief executive officer now directly owns 211,061 shares in the company, valued at $48,212,664.23. This represents a 17.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Johnson Varkey sold 124 shares of the stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $234.96, for a total value of $29,135.04. Following the completion of the sale, the senior vice president now owns 8,491 shares of the company’s stock, valued at $1,995,045.36. This trade represents a 1.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 95,577 shares of company stock worth $21,662,464. 0.18% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of WM. Activest Wealth Management boosted its position in Waste Management by 4,000.0% during the third quarter. Activest Wealth Management now owns 123 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 120 shares during the last quarter. Global Wealth Strategies & Associates boosted its position in Waste Management by 892.9% during the fourth quarter. Global Wealth Strategies & Associates now owns 139 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 125 shares during the last quarter. Transce3nd LLC acquired a new position in Waste Management during the fourth quarter valued at approximately $28,000. General Partner Inc. acquired a new stake in shares of Waste Management in the fourth quarter valued at approximately $29,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Waste Management in the fourth quarter valued at approximately $33,000. 80.40% of the stock is owned by institutional investors and hedge funds.

Waste Management Company Profile

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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.

See Also

Earnings History and Estimates for Waste Management (NYSE:WM)

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