Zacks Research Expects Higher Earnings for Waste Management

Waste Management, Inc. (NYSE:WM) – Equities researchers at Zacks Research lifted their FY2025 EPS estimates for shares of Waste Management in a research note issued on Monday, November 17th. Zacks Research analyst Team now forecasts that the business services provider will earn $7.48 per share for the year, up from their prior forecast of $7.41. The consensus estimate for Waste Management’s current full-year earnings is $7.70 per share. Zacks Research also issued estimates for Waste Management’s Q4 2025 earnings at $1.91 EPS, Q1 2026 earnings at $1.80 EPS, Q2 2026 earnings at $2.03 EPS, Q3 2026 earnings at $2.14 EPS, Q4 2026 earnings at $2.10 EPS, FY2026 earnings at $8.06 EPS, Q1 2027 earnings at $2.26 EPS, Q2 2027 earnings at $2.40 EPS, Q3 2027 earnings at $2.47 EPS and FY2027 earnings at $9.36 EPS.

Several other equities research analysts also recently issued reports on the company. Wells Fargo & Company assumed coverage on Waste Management in a research note on Friday, November 14th. They issued an “overweight” rating and a $238.00 price objective for the company. Royal Bank Of Canada reduced their price target on shares of Waste Management from $234.00 to $223.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 29th. Cowen restated a “buy” rating on shares of Waste Management in a report on Wednesday, October 29th. JPMorgan Chase & Co. dropped their price target on shares of Waste Management from $277.00 to $255.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 29th. Finally, Erste Group Bank cut Waste Management from a “buy” rating to a “hold” rating in a research report on Thursday, September 11th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $248.25.

Waste Management Price Performance

WM opened at $211.29 on Tuesday. The firm has a market capitalization of $85.12 billion, a P/E ratio of 33.27, a PEG ratio of 2.51 and a beta of 0.62. The stock has a fifty day moving average of $212.49 and a 200-day moving average of $223.98. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 2.36. Waste Management has a 12-month low of $194.11 and a 12-month high of $242.58.

Waste Management (NYSE:WM) last issued its quarterly earnings results on Monday, October 27th. The business services provider reported $1.98 EPS for the quarter, missing the consensus estimate of $2.01 by ($0.03). Waste Management had a net margin of 10.35% and a return on equity of 33.00%. The firm had revenue of $6.44 billion during the quarter, compared to analysts’ expectations of $6.51 billion. During the same quarter last year, the company posted $1.96 EPS. The firm’s revenue was up 14.9% compared to the same quarter last year. Waste Management has set its FY 2025 guidance at EPS.

Institutional Trading of Waste Management

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC increased its position in Waste Management by 7.6% in the 3rd quarter. Advisory Services Network LLC now owns 33,751 shares of the business services provider’s stock worth $7,453,000 after buying an additional 2,377 shares during the period. San Luis Wealth Advisors LLC grew its stake in shares of Waste Management by 14.1% in the third quarter. San Luis Wealth Advisors LLC now owns 1,877 shares of the business services provider’s stock worth $415,000 after acquiring an additional 232 shares during the last quarter. OmniStar Financial Group Inc. raised its stake in Waste Management by 77.7% during the 3rd quarter. OmniStar Financial Group Inc. now owns 14,180 shares of the business services provider’s stock valued at $3,132,000 after purchasing an additional 6,201 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Waste Management by 40.8% in the 3rd quarter. NewEdge Advisors LLC now owns 73,180 shares of the business services provider’s stock valued at $16,160,000 after purchasing an additional 21,212 shares during the period. Finally, SHUTTLEWORTH & Co acquired a new stake in Waste Management in the 3rd quarter worth $2,205,000. Institutional investors and hedge funds own 80.40% of the company’s stock.

Waste Management Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 5th will be paid a $0.825 dividend. The ex-dividend date is Friday, December 5th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.6%. Waste Management’s payout ratio is presently 51.97%.

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.