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How to buy Waste Management stock

Learn how to easily invest in Waste Management stock.

Waste Management Inc is a waste management business based in the US. Waste Management shares (WM) are listed on the NYSE and all prices are listed in US Dollars. Waste Management employs 48,250 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Waste Management

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – WM – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Waste Management stock price (NYSE: WM)

Use our graph to track the performance of WM stocks over time.

Waste Management shares at a glance

Information last updated 2022-01-24.
Latest market close$149.79
52-week range$107.37 - $167.61
50-day moving average $162.14
200-day moving average $150.70
Wall St. target price$167.72
PE ratio 36.3568
Dividend yield $2.27 (1.72%)
Earnings per share (TTM) $4.12

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is Waste Management stock a buy?

Waste Management ticks a lot of boxes for investors.

First, the stock has seen year-to-date growth through November 2021 of up to 40%.

Not only is the stock outperforming its peers, but it also has a proven track record of growing its dividend payments to investors and has even bought its own shares in the past to lift its valuation.

It’s also in the industrial sector, focused on waste management and recycling. As such, it’s less likely for a recession to affect it since these services remain essential to everyday life.

The company has also stated it has a strong avenue for growth through the ESG sector as companies look to reduce their environmental impact.

However, Waste Management’s impressive growth could also become a challenge for the business.

Future growth might become challenging for the company. Having already established itself in the market, it will need to rely on mostly buying out the competition if it wants to continue to grow at its current pace.

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.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Should you invest $1,000 in Waste Management right now?

Depending on your personal investment style and whether you want to invest in an industrial company, Waste Management could be a buy.

According to The Wall Street Journal, 9 of its analysts are buying the stock, 7 are holding and just 2 are selling. This suggests the company could be a buy.

However, given the company has increased by 40% year-to-date, investors will have to pay a premium in order to become shareholders.

Waste Management price performance over time

Historical closes compared with the close of $149.79 from 2022-01-24

1 week (2022-01-14) N/A
1 month (2021-12-23) -7.50%
3 months (2021-10-25) -7.05%
6 months (2021-07-25) 4.67%
1 year (2021-01-25) 31.18%
2 years (2020-01-24) 23.79%
3 years (2019-01-25) 57.84%
5 years (2017-01-25) 115.00%

Is Waste Management stock undervalued or overvalued?

Waste Management is actually pretty fairly priced.

Wall Street analysts have it at a target price of $165 per share. It currently trades at around $165, it is neither overvalued nor undervalued.

Waste Management company profile

Waste Management provides environmental services in North America and Canada. Its services are across waste and environmental services to residential, commercial and industrial clients as well as municipal customers. The company offers services including waste and recyclable material pickup as well as sorting and material recovery disposal sites. It also owns and operates landfill gas-to-energy facilities.

  • Sector – Industrial
  • Industry – Waste Management
  • Office – 800 Capitol Street Suite 3000 Houston, TX 77002
  • Website -http://www.wm.com

Investment thesis for WM

Waste management and reusable materials remain a key mega-trend in our lifetime.

Regardless of a changing economic environment, consumers will still need their refuse collected.

Added to this is the need for a more sustainable use of resources, with recycling likely to grow.

Waste Management is one of the leaders in this space.

It has one of the fastest-growing industrial businesses listed in the United States.

The business serves more than 20 million residential, commercial, industrial and municipal customers through its collection, landfill, transfer, recycling and other lines of business.

Despite being in a typically slower growth sector, the company managed to gain double-digit growth in income.

Not only is it currently achieving strong growth, but it is also well-positioned for the future as the world moves towards more sustainable living.

While the business operations obviously generate greenhouse gasses, the company has managed to avoid releasing three times as much through its practices.

This is only likely to grow in a changing world, making Waste Management a stronger, more viable company.

Key risks of Waste Management stock

Being in the industrial sector, the company is actually able to avoid many of the risks associated with macro factors.

Basically, even in a down market, consumers will still need their trash picked up.

  • Legal and regulatory
    While the company remains in a strong position, it is not without risks.Legal and regulatory risks are one of the key issues facing Waste Management.

    With an ever-changing environment in which it operates, state changes to waste management as well as changes to recycling practices could become a key risk for Waste Management in the future.

  • Maintaining its growth rate
    Waste Management could become a victim of its own success.The company has greatly outperformed its sector, growing 18% a year on average.

    However, maintaining such a stellar growth rate in the industrial sector could prove to be problematic.

Waste Management financials

Revenue TTM $17.3 billion
Operating margin TTM 17.36%
Gross profit TTM $5.9 billion
Return on assets TTM 7.01%
Return on equity TTM 24.41%
Profit margin 10.09%
Book value $17.15
Market capitalisation $62.7 billion

TTM: trailing 12 months

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

Waste Management Inc was last rated for ESG on: 2019-01-01.

Total ESG score 10.59
Total ESG percentile 5.48
Environmental score 3.19
Social score 3.11
Governance score 0.22
Level of controversy 2

Waste Management share dividends

49%

Dividend payout ratio: 48.73% of net profits

Recently Waste Management has paid out, on average, around 48.73% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.72% 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 1.72% return on their shares, in the form of dividend payments. In Waste Management's case, that would currently equate to about $2.27 per share.

While Waste Management's payout ratio might seem fairly standard, it's worth remembering that Waste Management may be investing much of the rest of its net profits in future growth.

Waste Management's most recent dividend payout was on 16 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 1 December 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 $107.3669 up to $167.61. A popular way to gauge a stock's volatility is its "beta".

WM.US volatility(beta: 0.83)Avg. volatility(beta: 1.00)LowHigh

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 0.8302. 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.

Frequently asked questions

What percentage of Waste Management is owned by insiders or institutions?
Currently 0.129% of Waste Management shares are held by insiders and 82.713% by institutions.
How many people work for Waste Management?
Latest data suggests 48,250 work at Waste Management.
When does the fiscal year end for Waste Management?
Waste Management's fiscal year ends in December.
Where is Waste Management based?
Waste Management's address is: 800 Capitol Street, Houston, TX, United States, 77002
What is Waste Management's ISIN number?
Waste Management's international securities identification number is: US94106L1098
What is Waste Management's CUSIP number?
Waste Management's Committee on Uniform Securities Identification Procedures number is: 902917103

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