Q2 EPS Estimates for WM Cut by National Bank Financial

Waste Management, Inc. (NYSE:WM) – National Bank Financial reduced their Q2 2025 earnings per share estimates for Waste Management in a research note issued on Wednesday, June 25th. National Bank Financial analyst M. Doumet now expects that the business services provider will post earnings per share of $1.88 for the quarter, down from their prior forecast of $1.90. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Waste Management’s current full-year earnings is $7.70 per share. National Bank Financial also issued estimates for Waste Management’s Q4 2025 earnings at $2.03 EPS, FY2025 earnings at $7.68 EPS and FY2026 earnings at $8.77 EPS.

Other equities analysts also recently issued reports about the company. Seaport Res Ptn upgraded Waste Management to a “hold” rating in a report on Tuesday, May 6th. Scotiabank raised their price target on Waste Management from $260.00 to $265.00 and gave the company a “sector outperform” rating in a report on Friday. Citigroup lifted their price objective on Waste Management from $260.00 to $271.00 and gave the stock a “buy” rating in a report on Thursday, May 1st. Melius Research upgraded Waste Management to a “strong-buy” rating and set a $263.00 price objective for the company in a report on Monday, June 9th. Finally, JPMorgan Chase & Co. upgraded Waste Management from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $225.00 to $277.00 in a report on Friday, May 23rd. Eight equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $251.00.

Waste Management Price Performance

Shares of NYSE:WM opened at $228.14 on Friday. Waste Management has a 1-year low of $196.59 and a 1-year high of $242.58. The company has a debt-to-equity ratio of 2.65, a current ratio of 0.83 and a quick ratio of 0.79. The business has a fifty day moving average price of $233.03 and a 200-day moving average price of $224.38. The company has a market capitalization of $91.81 billion, a PE ratio of 34.41, a PEG ratio of 3.00 and a beta of 0.66.

Waste Management (NYSE:WM) last posted its quarterly earnings data on Monday, April 28th. The business services provider reported $1.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.08. The business had revenue of $6.02 billion during the quarter, compared to the consensus estimate of $6.14 billion. Waste Management had a return on equity of 35.67% and a net margin of 11.67%. The firm’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.75 earnings per share.

Waste Management Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Friday, June 6th were given a dividend of $0.825 per share. The ex-dividend date of this dividend was Friday, June 6th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.45%. Waste Management’s payout ratio is currently 49.77%.

Insider Activity

In other Waste Management news, SVP Rafael Carrasco sold 674 shares of Waste Management stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $236.81, for a total value of $159,609.94. Following the sale, the senior vice president now owns 16,542 shares of the company’s stock, valued at $3,917,311.02. The trade was a 3.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Devina A. Rankin sold 57,888 shares of Waste Management stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $237.36, for a total value of $13,740,295.68. Following the completion of the sale, the chief financial officer now directly owns 83,934 shares in the company, valued at approximately $19,922,574.24. The trade was a 40.82% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.18% of the company’s stock.

Institutional Trading of Waste Management

A number of large investors have recently added to or reduced their stakes in WM. Westend Capital Management LLC increased its position in shares of Waste Management by 126.9% during the 1st quarter. Westend Capital Management LLC now owns 118 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 66 shares during the last quarter. West Branch Capital LLC increased its position in shares of Waste Management by 69.0% during the 1st quarter. West Branch Capital LLC now owns 120 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 49 shares during the last quarter. Transce3nd LLC purchased a new position in Waste Management during the 4th quarter valued at $28,000. Saudi Central Bank purchased a new position in Waste Management during the 1st quarter valued at $37,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in Waste Management during the 4th quarter valued at $33,000. Institutional investors own 80.40% of the company’s stock.

Waste Management Company Profile

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.