Waste Management Stock Quote Evaluating Investment Opportunities and Analyst Insights

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Waste Management stock quote is a great investment opportunity for those looking to tap into the growing waste management industry. The company has a strong track record of consistent growth and profitability.

In fact, Waste Management has increased its revenue by 44% over the past five years, with a compound annual growth rate (CAGR) of 8%. This is a significant indicator of the company's financial health and stability.

The company's focus on sustainability and environmental stewardship has also helped to attract a loyal customer base and drive long-term growth. As the world becomes increasingly conscious of its environmental impact, Waste Management is well-positioned to capitalize on this trend.

Waste Management has a strong balance sheet with a debt-to-equity ratio of 1.3, indicating a manageable level of debt and a solid financial foundation. This allows the company to invest in new technologies and initiatives, driving further growth and expansion.

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Financial Performance

Waste Management's revenue in 2023 was a whopping $20.43 billion, an increase of 3.70% from the previous year.

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If you're looking to invest in Waste Management, you should know that their earnings were $2.30 billion in 2023, up 2.95% from the previous year.

The company's financial performance is impressive, with a 3.70% increase in revenue and a 2.95% increase in earnings.

Here's a breakdown of Waste Management's share price performance over the past year:

Waste Management's stock has seen significant growth over the past year, with a 15.26% increase in value.

Dividend and Acquisitions

Waste Management has a long history of paying out dividends to its shareholders, with the company declaring a quarterly cash dividend of $0.75 per share payable Dec. 20, 2024, to stockholders of record on Dec. 6, 2024.

The dividend yield, which is the ratio of the annual dividend payment to the stock's current price, has fluctuated over the years, ranging from 1.03% in 2006 to 4.21% in 2012.

Waste Management has also made significant acquisitions, including the purchase of Stericycle, Inc. in a deal worth $62.00 per share in cash. This acquisition was completed in 2024.

Here is a list of Waste Management's dividend payouts from 2023 to 1999:

Shareholder Returns

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In the past year, Waste Management Inc. (WM) has underperformed the US Commercial Services industry, which returned 22.9%. Over the same period, the US Market returned 22.7%.

The 1-year return for WM is 15.3%, while the 7-day return is 0.9%. For comparison, the US Commercial Services industry saw a 7-day return of 0.7%.

WM's quarterly cash dividend of $0.75 per share, announced in 2024, is a significant aspect of its shareholder returns.

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WM Completes Stericycle Acquisition

WM, a leading waste management company, has completed its acquisition of Stericycle, a provider of environmental solutions.

The acquisition price was $62.00 per share in cash, as previously announced.

This significant move marks a major expansion of WM's capabilities and services in the waste management industry.

Stericycle's expertise in medical waste disposal and other environmental services will now be integrated into WM's operations.

The acquisition is expected to enhance WM's competitiveness and growth prospects in the market.

Good Growth Prospects and Attractive Valuation

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Waste Management, Inc. has strong growth prospects driven by pricing power, Stericycle acquisition, and investments in recycling and renewable natural gas projects.

The company's 3-year revenue growth rate is a notable 11.9%, outpacing the industry average. This indicates a consistent increase in revenue over the past three years.

Waste Management's 3-year EBITDA growth rate is even higher, at 13.6%, suggesting efficient management of expenses and improved profitability.

The company's future growth prospects are also looking bright, with a projected 3-5 year EPS without NRI growth rate estimate of 12.96% and a total revenue growth rate estimate of 9.5%.

Here's a breakdown of Waste Management's growth rates over the past three years:

Financial Data

Waste Management's revenue was $20.43 billion in 2023, a 3.70% increase from the previous year.

Their revenue is expected to continue growing, with estimates predicting $25.434 billion in 2025, $26.688 billion in 2026, and $31.266 billion in 2028.

The company's earnings have also been increasing, with $2.30 billion in 2023 and estimated earnings of $7.96 billion in 2025 and $10.62 billion in 2028.

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Here are Waste Management's estimated revenue and earnings per share (EPS) for the next few years:

The number of analysts estimating Waste Management's earnings and revenue has been steadily increasing, with 20 analysts estimating earnings in 2025 and 22 analysts estimating revenue in the same year.

Nyse:Rsg

The NYSE:RSG ticker symbol refers to Realogy Holdings Corp, a global provider of residential real estate services.

RSG's primary business is residential real estate brokerage services, which account for the majority of its revenue.

As of 2022, RSG operates over 800 offices with more than 140,000 agents across the globe.

The company's revenue has been steadily increasing over the years, driven by the growth of the real estate market.

One of the key factors contributing to RSG's success is its strong brand portfolio, which includes brands like Century 21 and Coldwell Banker.

Estimates in USD

Estimates in USD can be quite useful for investors and analysts looking to make informed decisions.

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Waste Management's revenue estimates for 2025 are expected to be $25,434 million, according to 21 analysts polled.

The average estimate for revenue in 2025 is $25,434 million, with 21 analysts polled. This is a significant increase from the previous year's revenue of $19.70 billion.

Revenue estimates for 2026 are even higher, with an average of $26,688 million expected.

In 2027, revenue is estimated to reach $28,709 million, and in 2028, it's expected to be $31,266 million.

The number of analysts polled for revenue estimates has varied, ranging from 14 to 21.

Frequently Asked Questions

Does Bill Gates own stock in Waste Management?

Yes, Bill Gates owns stock in Waste Management, with a significant holding worth $6.61 billion as of his current equity portfolio. He has been an investor in the company since Q3 2002.

What is the future of Waste Management stock?

Waste Management stock is expected to experience significant growth, with earnings and revenue projected to increase by 10.8% and 9% annually, respectively. Strong earnings growth and a high return on equity forecast of 31.9% in 3 years make it an attractive investment opportunity

What is the future price of WM stock?

According to 18 analysts, the predicted future price of WM stock is between $215 and $256, with an average target of $231, indicating a potential 13.22% increase from the current price of $204.02.

Is Waste Management a publicly traded company?

Yes, Waste Management is a publicly traded company, listed on the New York Stock Exchange under the ticker symbol NYSE: WM. You can find more information about investing in Waste Management on our website.

Who owns the most Waste Management stock?

Bill Gates holds the most shares of Waste Management stock. He is the largest individual shareholder of the company.

Victoria Funk

Junior Writer

Victoria Funk is a talented writer with a keen eye for investigative journalism. With a passion for uncovering the truth, she has made a name for herself in the industry by tackling complex and often overlooked topics. Her in-depth articles on "Banking Scandals" have sparked important conversations and shed light on the need for greater financial transparency.

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