FY2025 EPS Forecast for Waste Management Raised by Analyst

Waste Management, Inc. (NYSE:WMFree Report) – Equities researchers at William Blair increased their FY2025 earnings per share (EPS) estimates for Waste Management in a report released on Tuesday, March 18th. William Blair analyst T. Romeo now anticipates that the business services provider will earn $7.80 per share for the year, up from their previous estimate 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.

Waste Management (NYSE:WMGet Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The business services provider reported $1.70 earnings per share for the quarter, missing the consensus estimate of $1.79 by ($0.09). Waste Management had a return on equity of 37.93% and a net margin of 12.45%.

Other research analysts have also recently issued research reports about the company. CIBC increased their price objective on Waste Management from $227.00 to $247.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 5th. Jefferies Financial Group dropped their price target on Waste Management from $255.00 to $238.00 and set a “buy” rating for the company in a research report on Thursday, January 23rd. Raymond James raised their price target on Waste Management from $235.00 to $237.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. Morgan Stanley raised their price target on Waste Management from $227.00 to $235.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. Finally, Citigroup lifted their price objective 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 equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Waste Management currently has an average rating of “Moderate Buy” and a consensus price target of $236.65.

Check Out Our Latest Report on WM

Waste Management Trading Down 0.2 %

NYSE:WM opened at $226.83 on Friday. The stock has a fifty day moving average price of $222.33 and a two-hundred day moving average price of $215.73. The stock has a market capitalization of $91.21 billion, a price-to-earnings ratio of 33.36, a PEG ratio of 2.71 and a beta of 0.75. The company has a debt-to-equity ratio of 2.73, a quick ratio of 0.85 and a current ratio of 0.76. Waste Management has a 1 year low of $196.59 and a 1 year high of $235.81.

Waste Management Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.825 per share. This is a boost from Waste Management’s previous quarterly dividend of $0.75. This represents a $3.30 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend is Friday, March 14th. Waste Management’s dividend payout ratio is 48.53%.

Insider Activity

In related news, CAO John A. Carroll sold 209 shares of the firm’s stock in a transaction on Friday, January 31st. The stock was sold at an average price of $220.55, for a total transaction of $46,094.95. Following the transaction, the chief accounting officer now directly owns 9,066 shares in the company, valued at $1,999,506.30. This trade represents a 2.25 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Johnson Varkey sold 124 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $234.96, for a total value of $29,135.04. Following the transaction, the senior vice president now owns 8,491 shares in the company, 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. In the last three months, insiders sold 95,577 shares of company stock worth $21,662,464. 0.18% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Waste Management

Hedge funds have recently added to or reduced their stakes in the stock. Chancellor Financial Group WB LP acquired a new position in shares of Waste Management during the fourth quarter valued at $623,000. 111 Capital acquired a new position in shares of Waste Management during the fourth quarter valued at $2,468,000. NorthCrest Asset Manangement LLC grew its holdings in Waste Management by 524.7% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 81,759 shares of the business services provider’s stock worth $16,498,000 after acquiring an additional 68,672 shares during the period. Lansforsakringar Fondforvaltning AB publ acquired a new position in Waste Management during the fourth quarter worth about $27,540,000. Finally, PKO Investment Management Joint Stock Co acquired a new position in Waste Management during the fourth quarter worth about $1,294,000. 80.40% of the stock is currently owned by institutional investors.

Waste Management Company Profile

(Get Free Report)

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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