WM Stock Recent News

In the latest trading session, Waste Management (WM) closed at $209.31, marking a +0.05% move from the previous day.

HOUSTON--(BUSINESS WIRE)--WM (NYSE: WM) today announced the declaration of a quarterly cash dividend of $0.75 per share payable Sept. 27, 2024, to stockholders of record on Sept. 13, 2024. ABOUT WM WM (WM.com) is North America's leading provider of comprehensive environmental solutions. Previously known as Waste Management and based in Houston, Texas, WM is driven by commitments to put people first and achieve success with integrity. The company, through its subsidiaries, provides collection, r.

The market is getting close to another all-time high, looking for alpha stocks with downside protection is my goal in times like these. Utilities and waste removal are some of the most resilient businesses that exist. Outside of shares donated to the Bill and Melinda Gates foundation, Waste Management remains their #1 pick since 2002 for a company where the shares were not gifted into the trust.

Dublin, Aug. 21, 2024 (GLOBE NEWSWIRE) -- The "Smart Waste Management - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Smart Waste Management was estimated at US$2.4 Billion in 2023, and is projected to reach US$5.6 Billion by 2030, growing at a CAGR of 13.2% from 2023 to 2030. The growth in the smart waste management market is driven by several factors. Firstly, the increasing volume of waste generated by growing urban populations necessitates more efficient and sustainable waste management solutions. Secondly, the advancement of IoT and AI technologies is enabling the development of more sophisticated and effective waste management systems.

Dublin, Aug. 20, 2024 (GLOBE NEWSWIRE) -- The "Waste Recycling Services - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Waste Recycling Services is estimated at US$61.2 Billion in 2023 and is projected to reach US$77.9 Billion by 2030, growing at a CAGR of 3.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Dublin, Aug. 14, 2024 (GLOBE NEWSWIRE) -- The "Europe Steel Wire Market Size, Share & Trends Analysis Report by Application (Construction, Automotive, Energy, Waste Management, Agriculture), Country, and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering. The Europe steel wire market size is expected to reach USD 13.07 billion by 2030 and is expected to expand at a CAGR of 7.9% from 2024 to 2030

Waste Management's bottom line missed estimates during the second quarter. But WM returns massive value to shareholders through share buybacks and dividends.

The Global Construction & Demolition Waste Management Market Size was Valued at USD 212.7 Billion in 2023 and the Worldwide Construction & Demolition Waste Management Market Size is Expected to Reach USD 369.9 Billion by 2033, according to a research report published by Spherical Insights & Consulting. Companies covered: Clean Harbors, Inc., Republic Services, FCC Environment, Inc., Veolia Environment, Kiverco, Daiseki Co., Ltd., Windsor Waste, CDE Global Ltd., Renewi plc, Waste Management, Biffa, Covanta Holding, Axens, WM Intellectual Property Holdings, L.L.C., Progressive Waste Solutions Ltd., Other key vendors. The Global Construction & Demolition Waste Management Market Size was Valued at USD 212.7 Billion in 2023 and the Worldwide Construction & Demolition Waste Management Market Size is Expected to Reach USD 369.9 Billion by 2033, according to a research report published by Spherical Insights & Consulting. Companies covered: Clean Harbors, Inc., Republic Services, FCC Environmen

Waste Management provides environmental solutions in the US and Canada. Using a dividend discount model and price multiples, WM's stock appears marginally overvalued. These methods, however, don't account for future share repurchases and the potentially improving interest rate environment. Despite recent earnings miss, WM's growth and investments in renewable projects make it a good long-term investment. Rating updated to "buy".

One year ago, I became bullish on Waste Management, which has since outperformed the S&P 500, proving its strength despite being in a non-tech industry. WM's strong fundamentals, driven by technology and pricing strategies, along with strategic acquisitions like Stericycle, offer robust long-term growth potential. Despite a recent sell-off and high valuation, WM remains a stable dividend grower. I'll wait for a further price correction before making it a core portfolio position.