Waste Management, Inc. (NYSE: WM): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that WM Sets Date for Fourth Quarter and Full-Year Earnings Release Conference Call.

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Stocks Info

WM belongs to the Industrials sector of the NYSE while operating in the Waste Management industry. At the end of the last regular session, the stock closed at $185.63 and fluctuated between $188.00 as its day high and $184.72 as its day low. The current market capitalization of Waste Management, Inc. is $74.77B. A total of 3.42 million shares were traded on the day, compared to an average of 1.47M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, WM has seen 1 BUY and 2 SELL insider trades, representing the acquisition of 16,367 and the disposition of 19,671 shares. Over the last 12 months, there were 23 BUYs and 35 SELLs from insiders. Insiders purchased 296,042 shares during that period but sold 206,120.

In the most recent transaction, Boettcher Charles C sold 2,500 shares of WM for 184.50 per share on Jan 19. After the transaction, the EVP, Corp Development & CLO now owns 32,959 company shares. In a previous transaction on Jan 17, Fish James C Jr sold 9,550 shares at 182.00 per share. WM shares that Pres, Chief Executive Officer owns now total 152,838.

Among the insiders who sold shares, POPE JOHN C disposed of 185 shares on Jan 16 at a per-share price of $181.00. This resulted in the Director holding 56,461 shares of WM after the transaction. In another insider transaction, Boettcher Charles C sold 2,371 shares at $179.50 per share on Dec 29. Company shares held by the EVP, Corp Development & CLO now total 35,459.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Waste Management, Inc. pays an annual dividend of $2.80, resulting in a dividend yield of 1.51%, and it has a price to earnings (P/E) ratio of 32.81. WM’s most recent ex-dividend date was 11/30/2023 when it declared a $0.70 quarterly dividend that was paid in cash on 12/15/2023. Previously, the company paid the dividend on 9/22/2023 with an ex-dividend date of 9/7/2023. The WM stock dividend was $0.70 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for WM in the last 3 months, the mean price target is $184.58 with high estimates of $215.00 and low estimates of $163.00. In terms of 52-week highs and lows, WM has a high of $187.22 and a low of $148.31.

As of this writing, WM has an earnings estimate of $1.53 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $1.58 per share and a lower estimate of $1.48. The company reported an EPS of $1.51 in the last quarter, which was -1.90% lower than expectations of $1.54.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. WM’s latest balance sheet shows that the firm has $118.00M in Cash & Short Term Investments as of fiscal 2021. There were $13.40B in debt and $4.08B in liabilities at the time. Its Book Value Per Share was $17.25, while its Total Shareholder’s Equity was $7.13B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WM is Buy with a score of 3.94.

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