Waste Management (WM) is progressively outpacing the stock market, with its promising projections for dividends and increasing buy ratings influencing the company's optimistic outlook. WM's stock positions have been reportedly increased by notable investment firms such as Callan Family Office LLC and Vontobel Holding Ltd. Further confidence in the company’s performance comes with predictions of its stock price reaching $271 by 2030, a significant increase spurred by upgrades in free cash flow and projected revenue growth.
Despite a few setbacks, with fraudulent activities reported and some shareholders selling their stakes, WM maintains a strong institutional ownership of 83%, indicating faith in the company's management and financial strength. It is expected to beat earnings estimates and its investment in recycling infrastructure is likely to drive up revenue. WM’s future plans comprise introducing a weekly food waste collection service, opening new recycling facilities, and large scale acquisitions like that of Countrywide Sanitation and DC-WB Waste Solutions.
The company's performance reveals an impressive Return on Equity (ROE), supporting analysts' crucial dividend rate estimations. While some view the stock price as overvalued, others predict further gains. However, ongoing market volatility might affect WM's short-term price behaviour.
Waste Management WM News Analytics from Mon, 17 Mar 2025 07:00:00 GMT to Sat, 11 Oct 2025 08:49:49 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor 2
