Waste Management (WM) - Stock Price & Dividends

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

Waste Management, Inc. (NYSE: WM) and its subsidiaries specialize in providing environmental solutions across the United States and Canada. They cater to a wide range of customers, including residential, commercial, industrial, and municipal entities. Their services involve collecting and transporting waste and recyclable materials from various locations to designated facilities. Waste Management operates transfer stations and landfill facilities, leveraging landfill gas to generate renewable natural gas for electricity.

As of December 31, 2022, Waste Management owned or managed 254 solid waste landfills, five secure hazardous waste landfills, 97 material recovery facilities, and 337 transfer stations. They also engage in materials processing and commodities recycling at their facilities. These include recovering cardboard, paper, glass, metals, plastics, and other materials for resale or repurposing, along with providing recycling brokerage services for third parties.

Moreover, Waste Management offers construction, remediation, and specialized disposal services, such as managing the disposal of ash and residue from coal combustion, in addition to offering waste management solutions, consulting services, and specialized disposal services for the oil and gas industry.

Established in 1987 as USA Waste Services, Inc., the company rebranded to Waste Management, Inc. in 1998. Their headquarters are located in Houston, Texas. For more information, visit their website at https://www.wm.com.

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 83,141m
Sector Industrials
Industry Waste Management
GiC SubIndustry Environmental & Facilities Services
TER 0.00%
IPO / Inception 1988-06-02

WM Stock Ratings

Growth 5y 8.21
Fundamental 50.6
Dividend 7.18
Rel. Performance vs Sector 0.33
Analysts 3.61/5
Fair Price Momentum 217.72 USD
Fair Price DCF 127.12 USD

WM Dividends

Yield 12m 1.35%
Yield on Cost 5y 2.92%
Dividends CAGR 5y 6.43%
Payout Consistency 97.7%

WM Growth Ratios

Growth 12m 30.76%
Growth Correlation 12m 56%
Growth Correlation 3m 52%
CAGR 5y 16.55%
Sharpe Ratio 12m 1.69
Alpha vs SP500 12m 13.40
Beta vs SP500 5y weekly 0.56
ValueRay RSI 59.76
Volatility GJR Garch 1y 13.78%
Price / SMA 50 1.43%
Price / SMA 200 18.8%
Current Volume 1828.7k
Average Volume 20d 1687.3k

External Links for WM Stock

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What is the price of WM stocks?
As of April 25, 2024, the stock is trading at USD 210.43 with a total of 1,828,673 shares traded.
Over the past week, the price has changed by +2.08%, over one month by -0.63%, over three months by +14.90% and over the past year by +29.13%.
What is the forecast for WM stock price target?
According to ValueRays Forecast Model, WM Waste Management will be worth about 238.1 in April 2025. The stock is currently trading at 210.43. This means that the stock has a potential upside of +13.16%.
Issuer Forecast Upside
Wallstreet Target Price 214.6 1.99
Analysts Target Price 179.6 -14.7
ValueRay Target Price 238.1 13.2

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.