What is Erste Group Bank’s Forecast for WM FY2026 Earnings?

Waste Management, Inc. (NYSE:WM) – Investment analysts at Erste Group Bank decreased their FY2026 earnings per share estimates for shares of Waste Management in a research report issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel now forecasts that the business services provider will post earnings per share of $8.16 for the year, down from their previous forecast of $8.17. The consensus estimate for Waste Management’s current full-year earnings is $8.16 per share. Erste Group Bank also issued estimates for Waste Management’s FY2027 earnings at $9.20 EPS.

Waste Management (NYSE:WM) last posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $1.81 earnings per share for the quarter, topping analysts’ consensus estimates of $1.75 by $0.06. The business had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $6.28 billion. Waste Management had a return on equity of 31.90% and a net margin of 10.99%.The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.67 EPS.

Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. increased their target price on Waste Management from $265.00 to $270.00 and gave the stock an “overweight” rating in a report on Friday, April 10th. Scotiabank upped their price objective on shares of Waste Management from $250.00 to $260.00 and gave the stock a “sector perform” rating in a report on Thursday. Oppenheimer dropped their price objective on shares of Waste Management from $264.00 to $263.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 8th. Barclays lifted their price objective on shares of Waste Management from $266.00 to $270.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Weiss Ratings lowered shares of Waste Management from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Sixteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Waste Management currently has an average rating of “Moderate Buy” and a consensus price target of $256.70.

Waste Management Trading Down 1.1%

NYSE WM opened at $239.50 on Friday. The company has a market cap of $96.18 billion, a price-to-earnings ratio of 34.66, a P/E/G ratio of 2.95 and a beta of 0.44. Waste Management has a 52 week low of $194.11 and a 52 week high of $248.13. The business has a 50 day moving average price of $222.20 and a 200-day moving average price of $226.50. The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of 2.22.

Institutional Trading of Waste Management

Institutional investors have recently made changes to their positions in the company. Elevated Capital Advisors LLC purchased a new position in Waste Management during the fourth quarter worth about $25,000. RHL Group LLC purchased a new stake in Waste Management in the 4th quarter valued at about $29,000. Financial Network Wealth Advisors LLC increased its stake in Waste Management by 55.3% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 132 shares of the business services provider’s stock valued at $29,000 after buying an additional 47 shares during the last quarter. Mcguire Capital Advisors Inc. bought a new position in shares of Waste Management during the 4th quarter worth approximately $29,000. Finally, JPL Wealth Management LLC purchased a new position in shares of Waste Management in the 3rd quarter worth approximately $30,000. Institutional investors own 80.40% of the company’s stock.

Waste Management Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, June 5th were paid a dividend of $0.945 per share. The ex-dividend date was Friday, June 5th. This represents a $3.78 annualized dividend and a yield of 1.6%. Waste Management’s dividend payout ratio (DPR) is 54.70%.

Key Waste Management News

Here are the key news stories impacting Waste Management this week:

• Positive Sentiment: Scotiabank raised Waste Management’s price target to $260 from $250, suggesting continued upside potential despite maintaining a “sector perform” view.
• Positive Sentiment: Analyst commentary highlighted WM’s strong waste collection network, pricing power, and acquisition strategy as supports for growth and margins.
• Neutral Sentiment: Erste Group Bank trimmed its FY2026 EPS estimate to $8.16 from $8.17, a very small revision that matches the current consensus estimate.
• Neutral Sentiment: Erste Group also nudged FY2027 EPS down to $9.20 from $9.23, another modest cut that does not materially change the long-term earnings outlook.
• Negative Sentiment: Analyst notes pointed to WM’s high debt load and slower stock momentum as ongoing concerns that could weigh on investor sentiment.

About Waste Management

Waste Management, Inc (NYSE: WM) is a leading provider of integrated waste management and environmental services in North America. The company offers end-to-end solutions that span collection, transfer, disposal and recycling, along with landfill operations and related infrastructure. Headquartered in Houston, Texas, Waste Management serves a broad customer base that includes residential, commercial, industrial and municipal clients.

Core services include curbside and commercial waste collection, roll-off and temporary container services, materials recovery and recycling, and engineered landfill disposal.