Equities Analysts Set Expectations for WM FY2025 Earnings

Waste Management, Inc. (NYSE:WMFree Report) – Analysts at William Blair upped their FY2025 earnings per share (EPS) estimates for Waste Management in a research note issued to investors 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.

Waste Management (NYSE:WMGet Free Report) last released its quarterly earnings data 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%.

Several other brokerages also recently commented on WM. Oppenheimer increased their price objective on Waste Management from $231.00 to $237.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Stifel Nicolaus increased their price target 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 cut their price objective on shares of Waste Management from $255.00 to $238.00 and set a “buy” rating on the stock in a report on Thursday, January 23rd. Citigroup increased their target price on shares of Waste Management from $242.00 to $255.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Finally, StockNews.com cut shares of Waste Management from a “buy” rating to a “hold” rating in a report on Friday, January 31st. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $236.65.

Read Our Latest Stock Analysis on WM

Waste Management Trading Down 0.9 %

WM opened at $224.76 on Friday. Waste Management has a fifty-two week low of $196.59 and a fifty-two week high of $235.81. The firm has a market capitalization of $90.38 billion, a PE ratio of 33.05, a P/E/G ratio of 2.71 and a beta of 0.75. The company has a debt-to-equity ratio of 2.73, a current ratio of 0.76 and a quick ratio of 0.85. The company’s 50-day moving average is $222.69 and its 200 day moving average is $215.82.

Waste Management Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Waste Management’s previous quarterly dividend of $0.75. Waste Management’s dividend payout ratio is currently 48.53%.

Insider Buying and Selling

In related news, SVP Johnson Varkey sold 124 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $234.96, for a total value of $29,135.04. Following the completion of the transaction, the senior vice president now directly owns 8,491 shares of the company’s stock, valued at approximately $1,995,045.36. This trade represents a 1.44 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO John A. Carroll sold 209 shares of the business’s stock in a transaction on Friday, January 31st. The shares were sold at an average price of $220.55, for a total transaction of $46,094.95. Following the sale, the chief accounting officer now directly owns 9,066 shares in the company, valued at $1,999,506.30. The trade was a 2.25 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 95,577 shares of company stock valued at $21,662,464. 0.18% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Bartlett & CO. Wealth Management LLC increased its holdings in Waste Management by 0.8% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 278,185 shares of the business services provider’s stock worth $56,135,000 after acquiring an additional 2,127 shares during the period. Nordea Investment Management AB grew its position in shares of Waste Management by 7.1% during the 4th quarter. Nordea Investment Management AB now owns 4,240,429 shares of the business services provider’s stock valued at $854,446,000 after purchasing an additional 280,455 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Waste Management by 6.2% in the third quarter. Principal Financial Group Inc. now owns 480,534 shares of the business services provider’s stock worth $99,759,000 after purchasing an additional 28,266 shares during the period. Blue Trust Inc. boosted its stake in Waste Management by 32.3% during the fourth quarter. Blue Trust Inc. now owns 7,365 shares of the business services provider’s stock valued at $1,529,000 after buying an additional 1,798 shares during the period. Finally, Czech National Bank grew its position in Waste Management by 6.4% during the fourth quarter. Czech National Bank now owns 79,192 shares of the business services provider’s stock worth $15,980,000 after buying an additional 4,798 shares in the last quarter. Hedge funds and other institutional investors own 80.40% of the company’s stock.

About Waste Management

(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.

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

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