Waste Management (WM) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US94106L1098

Waste Collection, Recycling Services, Landfill Operations

Waste Management, Inc. is a leading provider of environmental solutions, serving residential, commercial, industrial, and municipal customers across the United States and Canada. The company offers a comprehensive range of waste management services, including waste collection, transportation, and disposal.

Through its extensive network of facilities, Waste Management collects and processes waste and recyclable materials from various sources, including households, businesses, and industries. The company operates 254 solid waste landfills, five secure hazardous waste landfills, 97 material recovery facilities (MRFs), and 337 transfer stations, as of December 2022.

At its MRFs, Waste Management recovers a wide range of recyclable materials, including cardboard, paper, glass, metals, plastics, construction and demolition materials, and other commodities. These materials are then resold or redirected for other purposes, reducing waste and promoting sustainability.

In addition to its core waste management services, Waste Management offers specialized solutions, including construction and remediation services, fly ash disposal, and in-plant services. The company also provides strategic business solutions, such as recycling brokerage services, to help its customers manage their waste more effectively.

Waste Management has a strong commitment to sustainability, with a focus on reducing greenhouse gas emissions, conserving natural resources, and promoting environmental stewardship. The company's landfill facilities also generate renewable natural gas, which is used to produce electricity.

Headquartered in Houston, Texas, Waste Management, Inc. has a rich history, dating back to 1987. The company was formerly known as USA Waste Services, Inc. and adopted its current name in 1998. Today, Waste Management is a leading player in the waste management industry, with a strong reputation for delivering innovative and sustainable solutions to its customers.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Waste Management (WM) - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for Waste Management (WM) - Stock Price & Dividends

WM Stock Overview

Market Cap in USD 83,694m
Sector Industrials
Industry Waste Management
GiC SubIndustry Environmental & Facilities Services
TER 0.00%
IPO / Inception 1988-06-02

WM Stock Ratings

Growth 5y 79.5
Fundamental 59.2
Dividend 7.15
Rel. Performance vs Sector 0.66
Analysts 3.77/5
Fair Price Momentum 214.82 USD
Fair Price DCF 146.17 USD

WM Dividends

Yield 12m 1.39%
Yield on Cost 5y 2.70%
Dividends CAGR 5y 6.43%
Payout Consistency 97.7%

WM Growth Ratios

Growth 12m 28.23%
Growth Correlation 12m 66%
Growth Correlation 3m -28%
CAGR 5y 14.19%
CAGR/Mean DD 5y 2.38
Sharpe Ratio 12m 1.43
Alpha vs SP500 12m 10.23
Beta vs SP500 5y weekly 0.58
ValueRay RSI 61.63
Volatility GJR Garch 1y 16.34%
Price / SMA 50 1.14%
Price / SMA 200 12.46%
Current Volume 2178.4k
Average Volume 20d 1988.2k

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What is the price of WM stocks?
As of June 22, 2024, the stock is trading at USD 208.99 with a total of 2,178,413 shares traded.
Over the past week, the price has changed by +2.63%, over one month by +0.69%, over three months by -1.25% and over the past year by +28.32%.
What are the forecast for WM stock price target?
According to ValueRays Forecast Model, WM Waste Management will be worth about 234.8 in June 2025. The stock is currently trading at 208.99. This means that the stock has a potential upside of +12.36%.
Issuer Forecast Upside
Wallstreet Target Price 228 9.07
Analysts Target Price 179.6 -14.1
ValueRay Target Price 234.8 12.4

The Evolution and Enterprise of Waste Management Inc (WM)

History and Foundation

Waste Management Inc, recognized by its ticker symbol WM on the New York Stock Exchange (NYSE), has a storied history that stretches back to its founding in 1968. It established its roots as a small waste collection business and has grown into the behemoth in waste management services we know today. This transformation was marked by strategic mergers and acquisitions that expanded its footprint across North America. The enterprise was keen on innovation from the start, focusing on how to manage waste effectively while catering to the evolving needs of communities and industries.

Core Business

At its core, Waste Management Inc specializes in waste collection, transportation, disposal, and recycling services. This encompasses residential, commercial, and industrial waste, making WM a go-to solution for diverse markets. The company is also a leader in landfill operations, deploying modern technologies to minimize environmental impact. Waste Management's dedication to sustainability is evident through their investments in renewable energy projects, converting landfill gas into energy.

Side Businesses and Innovations

Beyond its primary services, WM engages in side businesses that complement its main operations. E-waste recycling and environmental consultancy are notable mentions. These ventures address the growing concern over electronic waste and the demand for expert advice on environmental compliance respectively. In addition, WM continuously explores innovative solutions, such as automated waste sorting and advanced recycling technologies, to stay ahead in the waste management industry.

Current Market Status

As of now, Waste Management Inc maintains a strong presence in the waste management sector, holding a significant market share. The company's commitment to sustainability, alongside its robust range of services, positions it favorably among customers and investors alike. The ongoing push towards a zero-waste future and circular economy further underlines the importance of companies like WM. Despite the challenges posed by economic fluctuations and regulatory changes, WM's resilience and adaptability continue to drive its success in the current market.