What is Erste Group Bank’s Forecast for WM FY2026 Earnings?

Waste Management, Inc. (NYSE:WM) – Research analysts at Erste Group Bank reduced their FY2026 earnings per share (EPS) estimates for Waste Management in a report issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel now anticipates that the business services provider will post earnings per share of $8.16 for the year, down from their previous estimate of $8.17. The consensus estimate for Waste Management’s current full-year earnings is $8.16 per share. Erste Group Bank also issued estimates for Waste Management’s FY2027 earnings at $9.20 EPS.

Waste Management (NYSE:WM) last announced its quarterly earnings data on Tuesday, April 28th. The business services provider reported $1.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.75 by $0.06. The business had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $6.28 billion. Waste Management had a return on equity of 31.90% and a net margin of 10.99%.The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.67 earnings per share.

Several other equities research analysts have also recently commented on WM. Oppenheimer dropped their price objective on Waste Management from $264.00 to $263.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 8th. Barclays raised their price target on shares of Waste Management from $266.00 to $270.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Robert W. Baird boosted their price objective on shares of Waste Management from $248.00 to $260.00 and gave the company an “outperform” rating in a report on Thursday, April 16th. JPMorgan Chase & Co. increased their price objective on shares of Waste Management from $265.00 to $270.00 and gave the company an “overweight” rating in a research report on Friday, April 10th. Finally, Royal Bank Of Canada lifted their target price on shares of Waste Management from $235.00 to $240.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Sixteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $256.70.

Waste Management Price Performance

Shares of NYSE WM opened at $242.22 on Friday. The firm has a market cap of $97.27 billion, a P/E ratio of 35.05, a PEG ratio of 2.83 and a beta of 0.44. Waste Management has a twelve month low of $194.11 and a twelve month high of $248.13. The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of 2.22. The company has a 50 day moving average of $221.72 and a 200 day moving average of $226.41.

Institutional Investors Weigh In On Waste Management

Several institutional investors have recently modified their holdings of WM. Elevated Capital Advisors LLC purchased a new position in Waste Management during the fourth quarter worth $25,000. RHL Group LLC bought a new stake in shares of Waste Management in the 4th quarter worth about $29,000. Financial Network Wealth Advisors LLC boosted its stake in shares of Waste Management by 55.3% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 132 shares of the business services provider’s stock worth $29,000 after purchasing an additional 47 shares during the period. Mcguire Capital Advisors Inc. bought a new position in Waste Management during the 4th quarter valued at about $29,000. Finally, JPL Wealth Management LLC purchased a new stake in Waste Management in the 3rd quarter worth about $30,000. 80.40% of the stock is owned by institutional investors.

Waste Management Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were issued a $0.945 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $3.78 dividend on an annualized basis and a dividend yield of 1.6%. Waste Management’s dividend payout ratio (DPR) is presently 54.70%.

Waste Management Company Profile

Waste Management, Inc (NYSE: WM) is a leading provider of integrated waste management and environmental services in North America. The company offers end-to-end solutions that span collection, transfer, disposal and recycling, along with landfill operations and related infrastructure. Headquartered in Houston, Texas, Waste Management serves a broad customer base that includes residential, commercial, industrial and municipal clients.

Core services include curbside and commercial waste collection, roll-off and temporary container services, materials recovery and recycling, and engineered landfill disposal.