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Waste Management, Inc (WM) is a leading waste management business with stocks listed in the US. It opened the day at US$140.31 after a previous close of US$139.93. During the day the price has varied from a low of USD139.19 to a high of USD140.27. The latest price was USD139.91 (25 minute delay). Waste Management is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in Waste Management
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Waste Management. Find the share by name or ticker symbol: WM. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Waste Management reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$140.75, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Waste Management, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Waste Management. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Waste Management key stats
- Compare share trading platforms
- Is Waste Management stock a buy or sell?
- Waste Management performance over time
- Can I short Waste Management shares?
- Is Waste Management suitable for ethical investing?
- Are Waste Management shares over-valued?
- Waste Management's financials
- How volatile are Waste Management shares?
- Does Waste Management pay a dividend?
- Other common questions
Waste Management share priceUse our graph to track the performance of WM stocks over time.
Waste Management shares at a glance
|52-week range||US$98.6313 - US$143.9461|
|50-day moving average||US$139.5497|
|200-day moving average||US$124.3945|
|Dividend yield||US$2.21 (1.58%)|
|Earnings per share (TTM)||US$3.66|
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Is it a good time to buy Waste Management stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Waste Management price performance over time
|1 week (2021-06-02)||-0.86%|
|1 month (2021-05-13)||-1.07%|
|3 months (2021-03-12)||14.88%|
|6 months (2020-12-11)||21.23%|
|1 year (2020-06-12)||34.67%|
|2 years (2019-06-13)||23.11%|
|3 years (2018-06-13)||68.32%|
|5 years (2016-06-13)||123.64%|
Is Waste Management under- or over-valued?
Valuing Waste Management stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Waste Management's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Waste Management's P/E ratio
Waste Management's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 38x. In other words, Waste Management shares trade at around 38x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Waste Management's PEG ratio
Waste Management's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.0371. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Waste Management's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Waste Management's EBITDA
Waste Management's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$4.5 billion.
The EBITDA is a measure of a Waste Management's overall financial performance and is widely used to measure a its profitability.
Waste Management financials
|Revenue TTM||US$15.6 billion|
|Operating margin TTM||17.45%|
|Gross profit TTM||US$5.9 billion|
|Return on assets TTM||6.05%|
|Return on equity TTM||21.96%|
|Market capitalisation||US$59.1 billion|
TTM: trailing 12 months
Shorting Waste Management shares
There are currently 3.8 million Waste Management shares held short by investors – that's known as Waste Management's "short interest". This figure is 4.8% down from 4.0 million last month.
There are a few different ways that this level of interest in shorting Waste Management shares can be evaluated.
Waste Management's "short interest ratio" (SIR)
Waste Management's "short interest ratio" (SIR) is the quantity of Waste Management shares currently shorted divided by the average quantity of Waste Management shares traded daily (recently around 1.5 million). Waste Management's SIR currently stands at 2.62. In other words for every 100,000 Waste Management shares traded daily on the market, roughly 2620 shares are currently held short.
However Waste Management's short interest can also be evaluated against the total number of Waste Management shares, or, against the total number of tradable Waste Management shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Waste Management's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Waste Management shares in existence, roughly 10 shares are currently held short) or 0.009% of the tradable shares (for every 100,000 tradable Waste Management shares, roughly 9 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Waste Management.
Find out more about how you can short Waste Management stock.
Waste Management's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Waste Management.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Waste Management's total ESG risk score
Total ESG risk: 10.59
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Waste Management's overall score of 10.59 (as at 12/31/2018) is excellent – landing it in it in the 5th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Waste Management is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Waste Management's environmental score
Environmental score: 3.19/100
Waste Management's social score
Social score: 3.11/100
Waste Management's governance score
Governance score: 0.22/100
Waste Management's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Waste Management scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Waste Management has, for the most part, managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||10.59|
|Total ESG percentile||5.48|
|Level of controversy||2|
Waste Management share dividends
Dividend payout ratio: 53.85% of net profits
Recently Waste Management has paid out, on average, around 53.85% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.65% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Waste Management shareholders could enjoy a 1.65% return on their shares, in the form of dividend payments. In Waste Management's case, that would currently equate to about $2.21 per share.
Waste Management's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Waste Management's most recent dividend payout was on 17 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 2 June 2021 (the "ex-dividend date").
Waste Management share price volatility
Over the last 12 months, Waste Management's shares have ranged in value from as little as US$98.6313 up to US$143.9461. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Waste Management's is 0.8022. This would suggest that Waste Management's shares are less volatile than average (for this exchange).
Waste Management overview
Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. 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, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. As of December 31, 2020, the company owned or operated 263 solid waste landfills; 5 secure hazardous waste landfills; 103 MRFs; and 348 transfer stations. It also provides materials processing and commodities recycling services; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is based in Houston, Texas.
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