Equities Analysts Offer Predictions for WM Q2 Earnings

Waste Management, Inc. (NYSE:WM) – Equities research analysts at National Bank Financial issued their Q2 2025 earnings estimates for shares of Waste Management in a research note issued on Monday, May 26th. National Bank Financial analyst M. Doumet expects that the business services provider will earn $1.90 per share for the quarter. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Waste Management’s current full-year earnings is $7.70 per share. National Bank Financial also issued estimates for Waste Management’s Q3 2025 earnings at $2.09 EPS, Q4 2025 earnings at $2.02 EPS, FY2025 earnings at $7.69 EPS and FY2026 earnings at $8.75 EPS.

Waste Management (NYSE:WM) last released its quarterly earnings results on Monday, April 28th. The business services provider reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.08. The company had revenue of $6.02 billion for the quarter, compared to analysts’ expectations of $6.14 billion. Waste Management had a net margin of 12.45% and a return on equity of 37.93%. The firm’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same period last year, the company earned $1.75 EPS.

A number of other analysts have also issued reports on WM. Citigroup lifted their price objective on shares of Waste Management from $260.00 to $271.00 and gave the company a “buy” rating in a research note on Thursday, May 1st. William Blair reiterated an “outperform” rating on shares of Waste Management in a research note on Tuesday, April 29th. Hsbc Global Res upgraded shares of Waste Management from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 25th. JPMorgan Chase & Co. upgraded shares of Waste Management from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $225.00 to $277.00 in a research note on Friday, May 23rd. Finally, Wall Street Zen raised shares of Waste Management from a “hold” rating to a “buy” rating in a research report on Tuesday, April 29th. Nine investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $247.06.

Waste Management Trading Up 1.4%

WM opened at $241.09 on Thursday. The firm has a market capitalization of $97.02 billion, a P/E ratio of 35.45, a P/E/G ratio of 2.71 and a beta of 0.67. The firm’s 50 day moving average is $230.41 and its 200-day moving average is $222.79. Waste Management has a 52-week low of $196.59 and a 52-week high of $241.68. The company has a quick ratio of 0.85, a current ratio of 0.76 and a debt-to-equity ratio of 2.73.

Waste Management Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be paid a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date is Friday, June 6th. Waste Management’s payout ratio is 49.77%.

Insider Buying and Selling at Waste Management

In related news, SVP Rafael Carrasco sold 674 shares of Waste Management stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $236.81, for a total transaction of $159,609.94. Following the sale, the senior vice president now directly owns 16,542 shares in the company, valued at $3,917,311.02. The trade was a 3.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Devina A. Rankin sold 57,888 shares of Waste Management stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $237.36, for a total value of $13,740,295.68. Following the completion of the transaction, the chief financial officer now directly owns 83,934 shares in the company, valued at $19,922,574.24. This represents a 40.82% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 87,947 shares of company stock worth $20,536,508. 0.18% of the stock is owned by insiders.

Institutional Investors Weigh In On Waste Management

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Waste Management by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 37,300,278 shares of the business services provider’s stock worth $7,526,823,000 after purchasing an additional 538,567 shares during the period. Geode Capital Management LLC increased its stake in shares of Waste Management by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 8,210,371 shares of the business services provider’s stock valued at $1,654,173,000 after buying an additional 64,260 shares in the last quarter. Parnassus Investments LLC increased its stake in shares of Waste Management by 22.5% in the fourth quarter. Parnassus Investments LLC now owns 6,272,009 shares of the business services provider’s stock valued at $1,265,629,000 after buying an additional 1,151,237 shares in the last quarter. Ameriprise Financial Inc. increased its position in Waste Management by 30.4% in the first quarter. Ameriprise Financial Inc. now owns 5,316,443 shares of the business services provider’s stock worth $1,233,240,000 after purchasing an additional 1,239,996 shares during the period. Finally, Norges Bank acquired a new stake in Waste Management in the fourth quarter worth about $1,009,726,000. Institutional investors own 80.40% of the company’s stock.

Waste Management Company Profile

Waste Management, Inc, through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. 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 and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity.