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NYSE: WM
Waste Management Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for WM

Based on 8 analysts offering 12 month price targets for Waste Management Inc.
Min Forecast
$120.00-14.23%
Avg Forecast
$134.13-4.13%
Max Forecast
$148.00+5.78%

Should I buy or sell WM stock?

Hold
Strong Buy
1 analysts 11.11%
Buy
2 analysts 22.22%
Hold
5 analysts 55.56%
Sell
0 analysts 0%
Strong Sell
1 analysts 11.11%

WM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Jerry Revich
Goldman Sachs
Strong BuyInitiates Coverage On$145.00+3.64%2021-04-07
Noah Kaye
Oppenheimer
BuyMaintains$148.00+5.78%2021-04-28
Patrick Tyler Brown
Raymond James
BuyMaintains$147.00+5.07%2021-04-28
Anonymous
Morgan Stanley
HoldMaintains$133.00-4.94%2021-04-28
Walter Spracklin
RBC Capital
HoldMaintains$137.00-2.08%2021-04-28
Jeffrey Goldstein
Morgan Stanley
HoldMaintains$121.00-13.52%2021-02-22
David Manthey
Baird
HoldDowngrades$122.00-12.80%2021-02-16
Kevin Chiang
CiBC
HoldMaintains$120.00-14.23%2020-11-03
Stephanie Yee
JP Morgan
Strong SellDowngradesN/AN/A2020-09-23

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Forecast return on equity

Is WM forecast to generate an efficient return?
Company
34.05%
Industry
20.95%
Market
50.49%

Forecast return on assets

Is WM forecast to generate an efficient return on assets?
Company
8.7%
Industry
6.63%
Market
16.4%

WM earnings per share forecast

What is WM's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$4.79+29.92%
Avg 2 year Forecast
$5.33+44.39%
Avg 3 year Forecast
$5.99+62.33%
WM's earnings are forecast to grow at a rate of 17.19% per year, which is not exceptional
Forecast

WM revenue forecast

What is WM's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$17.1B+9.81%
Avg 2 year Forecast
$17.9B+14.61%
Avg 3 year Forecast
$18.7B+20.05%
WM's revenue is forecast to grow at a rate of 6.22% per year, which is not exceptional
Forecast

WM earnings growth forecast

How is WM forecast to perform vs Waste Management companies and vs the US market?
Company
17.19%
Industry
23.06%
Market
19.68%
WM's earnings are forecast to grow slower (17.19% per year) than the US Waste Management industry average (23.06%)
Forecast
WM's earnings are forecast to grow slower (17.19% per year) than the US market average (19.68%)
Forecast
WM's earnings are forecast to grow faster (17.19% per year) than the risk-free savings rate (1.5%)
Forecast

WM revenue growth forecast

How is WM forecast to perform vs Waste Management companies and vs the US market?
Company
6.22%
Industry
7.38%
Market
14.56%
WM's revenues are forecast to grow slower (6.22% per year) than the US Waste Management industry average (7.38%)
Forecast
WM's revenues are forecast to grow slower (6.22% per year) than the US market average (14.56%)
Forecast

Waste Management Stock Forecast FAQ

Is Waste Management Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: WM) stock is to Hold WM stock.

Out of 9 analysts, 1 (11.11%) are recommending WM as a Strong Buy, 2 (22.22%) are recommending WM as a Buy, 5 (55.56%) are recommending WM as a Hold, 0 (0%) are recommending WM as a Sell, and 1 (11.11%) are recommending WM as a Strong Sell.

What is WM's earnings growth forecast for 2021-2023?

(NYSE: WM) Waste Management's forecast annual earnings growth rate of 17.19% is not forecast to beat the US Waste Management industry's average forecast earnings growth rate of 23.06%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.68%.

Waste Management's earnings in 2021 is $1,556,000,000.On average, 10 Wall Street analysts forecast WM's earnings for 2021 to be $2,023,678,084, with the lowest WM earnings forecast at $1,971,334,304, and the highest WM earnings forecast at $2,110,636,300. On average, 10 Wall Street analysts forecast WM's earnings for 2022 to be $2,249,094,041, with the lowest WM earnings forecast at $2,123,300,118, and the highest WM earnings forecast at $2,393,461,564.

In 2023, WM is forecast to generate $2,528,542,287 in earnings, with the lowest earnings forecast at $2,452,559,381 and the highest earnings forecast at $2,646,737,920.

What is WM's revenue growth forecast for 2021-2023?

(NYSE: WM) Waste Management's forecast annual revenue growth rate of 6.22% is not forecast to beat the US Waste Management industry's average forecast revenue growth rate of 7.38%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.56%.

Waste Management's revenue in 2021 is $15,601,000,000.On average, 9 Wall Street analysts forecast WM's revenue for 2021 to be $7,231,916,299,992, with the lowest WM revenue forecast at $7,128,463,039,620, and the highest WM revenue forecast at $7,278,968,292,900. On average, 9 Wall Street analysts forecast WM's revenue for 2022 to be $7,547,902,615,356, with the lowest WM revenue forecast at $7,356,833,887,280, and the highest WM revenue forecast at $7,662,580,661,698.

In 2023, WM is forecast to generate $7,905,754,245,984 in revenue, with the lowest revenue forecast at $7,717,832,898,759 and the highest revenue forecast at $8,089,646,810,640.

What is WM's forecast return on assets (ROA) for 2021-2024?

(NYSE: WM) forecast ROA is N/A, which is lower than the forecast US Waste Management industry average of 0.15%.

What is WM's Price Target?

According to 8 Wall Street analysts that have issued a 1 year WM price target, the average WM price target is $134.13, with the highest WM stock price forecast at $148.00 and the lowest WM stock price forecast at $120.00.

On average, Wall Street analysts predict that Waste Management's share price could stay at $134.13 by Apr 28, 2022. The average Waste Management stock price prediction forecasts a potential downside of N/A from the current WM share price of $139.91.

What is WM's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: WM) Waste Management's current Earnings Per Share (EPS) is $3.69. On average, analysts forecast that WM's EPS will be $4.79 for 2021, with the lowest EPS forecast at $4.67, and the highest EPS forecast at $5.00. On average, analysts forecast that WM's EPS will be $5.33 for 2022, with the lowest EPS forecast at $5.03, and the highest EPS forecast at $5.67. In 2023, WM's EPS is forecast to hit $5.99 (min: $5.81, max: $6.27).

What is WM's forecast return on equity (ROE) for 2021-2024?

(NYSE: WM) forecast ROE is N/A, which is considered weak.
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