WM - Waste Management - 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, offering a comprehensive range of services to residential, commercial, industrial, and municipal customers across the United States and Canada.

The company's collection services involve picking up and transporting waste and recyclable materials from the point of generation to transfer stations, material recovery facilities (MRFs), or disposal sites. Waste Management owns and operates a network of transfer stations, and also owns, develops, and operates landfill facilities that produce landfill gas, which is used as a renewable natural gas to generate electricity.

As of December 2022, Waste Management's extensive infrastructure includes 254 solid waste landfills, five secure hazardous waste landfills, 97 MRFs, and 337 transfer stations. The company's MRFs play a crucial role in the recycling process, where materials such as cardboard, paper, glass, metals, plastics, construction and demolition materials, and other recyclable commodities are recovered and resold or redirected for other purposes.

In addition to its core waste management services, Waste Management offers a range of specialized services, including recycling brokerage services, where it manages the marketing of recyclable materials for third-party clients. The company also provides construction and remediation services, as well as services related to the disposal of fly ash and residue generated from the combustion of coal and other fuel stocks.

Waste Management's in-plant services offer full-service waste management solutions and consulting services to clients, while its specialized disposal services cater to the unique needs of oil and gas exploration and production operations. With a rich history dating back to 1987, Waste Management, Inc. is headquartered in Houston, Texas, and has undergone significant transformations, including a name change from USA Waste Services, Inc. in 1998.

Today, Waste Management is a pioneer in the waste management industry, committed to providing sustainable and innovative solutions that minimize environmental impact and promote a cleaner, healthier environment. For more information, visit their website at https://www.wm.com.

Drawdown (Underwater) Chart

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

Overall Trend and Yearly Seasonality

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

WM Stock Overview

Market Cap in USD 87,729m
Sector Industrials
Industry Waste Management
GiC SubIndustry Environmental & Facilities Services
TER 0.00%
IPO / Inception 1988-06-02

WM Stock Ratings

Growth 5y 76.4
Fundamental 59.0
Dividend 59.6
Rel. Performance vs Sector -0.10
Analysts 3.77/5
Fair Price Momentum 202.87 USD
Fair Price DCF 140.59 USD

WM Dividends

Dividend Yield 12m 1.47%
Yield on Cost 5y 2.68%
Dividends CAGR 5y 6.43%
Payout Consistency 97.7%

WM Growth Ratios

Growth 12m 22.82%
Growth Correlation 12m 75%
Growth Correlation 3m 26%
CAGR 5y 12.66%
CAGR/Mean DD 5y 2.11
Sharpe Ratio 12m 1.00
Alpha vs SP500 12m 8.59
Beta vs SP500 5y weekly 0.57
ValueRay RSI 0.68
Volatility GJR Garch 1y 18.69%
Price / SMA 50 -5.92%
Price / SMA 200 2.13%
Current Volume 2500.1k
Average Volume 20d 1611.2k

External Links for WM Stock

News
Wall Street JournalBenzingaYahoo Finance
Tweets
XStocktwits
Fund Manager Positions
DataromaStockcircle
What is the price of WM stocks?
As of July 27, 2024, the stock is trading at USD 196.96 with a total of 2,500,100 shares traded.
Over the past week, the price has changed by -11.60%, over one month by -7.39%, over three months by -5.91% and over the past year by +22.18%.
What are the forecast for WM stock price target?
According to ValueRays Forecast Model, WM Waste Management will be worth about 221.6 in July 2025. The stock is currently trading at 196.96. This means that the stock has a potential upside of +12.48%.
Issuer Forecast Upside
Wallstreet Target Price 228.6 16.1
Analysts Target Price 179.6 -8.83
ValueRay Target Price 221.6 12.5

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.