WM Stock Recent News

Waste Management generates most of its revenue from collecting trash and disposing of it. The company is taking advantage of a resource already at its disposal to boost its profits.

Buying businesses with simple and ingenious business models can work out well over the long haul. Waste Management's results in the third quarter were mixed. The company enjoys an A- credit rating from S&P on a stable outlook.

WM has a diversified, industry-leading business. There's growth potential as customers look for more sustainable solutions.

Realty Income has grown wealth for its investors for over 50 years. Brookfield Renewable could be a powerful wealth creator in the decades ahead.

HOUSTON--(BUSINESS WIRE)--WM (NYSE: WM) announced that it will release fourth quarter and full-year 2023 financial results after the close of the market on Monday, Feb. 12, 2023 and host its investor conference call Tuesday, Feb. 13 at 10 a.m. ET. Listeners can access a live audio webcast of the conference call by visiting investors.wm.com and selecting “Events & Presentations” from the website menu. A replay of the audio webcast will be available at the same location following the conclusi.

Waste Management is the largest environmental solutions provider in North America, and it continues to improve its competitive position. The company generates strong free cash flow, but we expect the measure to face headwinds from sustainability spending. Still, we think its 2027 targets for free cash flow are achievable. Waste Management's return on invested capital is above its cost of capital, indicating excellent value creation. We're huge fans of the value it continues to generate for shareholders.

Waste Management (WM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Waste Management is a steady eddy type of business that provides a predictable stream of income for long-term dividend investors. The company is North America's leading provider of waste management services and is expected to continue growing due to the rise in waste generation. Waste Management has been rewarding shareholders with buybacks and has had a strong year in 2023, with strong projected growth for 2024.

WM is increasing its quarterly dividend by more than 7%. The waste management company's nascent renewable natural gas business could provide a meaningful tailwind to earnings over the long haul.

Waste Management (WM) has a consistent record of rewarding its shareholders through dividends and share repurchases.