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Waste Management, Inc. - WM STOCK NEWS

Welcome to our dedicated news page for Waste Management (Ticker: WM), a resource for investors and traders seeking the latest updates and insights on Waste Management.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Waste Management's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Waste Management's position in the market.

Rhea-AI Summary
WM (NYSE: WM) reported accelerated earnings growth in the fourth quarter driven by strong execution of price programs and optimization of cost of operations. Full-year cash from operations was robust, with revenue and operating EBITDA showing positive trends. The company's performance in 2023 exceeded expectations, positioning them well for sustained growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.97%
Tags
earnings
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Rhea-AI Summary
Waste Management (WM) to Release Q4 and Full-Year 2023 Financial Results on Feb. 12, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
Tags
earnings
-
Rhea-AI Summary
Waste Management, Inc. (WM) announced a 7.1% increase in the planned quarterly dividend rate for 2024, from $0.70 to $0.75 per share, marking the twenty-first consecutive year of dividend rate increases. The annual dividend rate increases from $2.80 to $3.00 per share. The Board of Directors also authorized the repurchase of up to $1.5 billion of the Company’s common stock, superseding the prior $1.5 billion authorization announced in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.85%
Tags
buyback dividends
News
Rhea-AI Summary
WM (NYSE: WM) has declared a quarterly cash dividend of $0.70 per share payable on December 15, 2023, to stockholders of record on December 1, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
dividends
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News
Rhea-AI Summary
WM (NYSE: WM) announced strong financial results for the quarter ended September 30, 2023. The company reported a 6% growth in adjusted operating EBITDA and a 100 basis point expansion in adjusted operating EBITDA margin. Core price for the quarter was 6.6% compared to 8.2% in the same period last year. Collection and disposal yield was 5.0% in Q3 2023. Operating expenses as a percentage of revenue improved to 61.3% from 62.2% in Q3 2022. The company returned $653 million to shareholders during the quarter. WM expects sustainability growth capital spending of about $750 million in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.1%
Tags
earnings
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Rhea-AI Summary
WM (NYSE: WM) will release Q3 financial results on October 24, 2023, and host an investor conference call on October 25. A live audio webcast will be available. The Company participates in investor presentations and conferences throughout the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
Tags
earnings
News
Rhea-AI Summary
WM declares quarterly cash dividend of $0.70 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.47%
Tags
dividends
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Rhea-AI Summary
Waste Management, Inc. (NYSE: WM) has priced a public offering of $2,000,000,000 aggregate principal amount of senior notes. The offering consists of $750,000,000 aggregate principal amount of 4.875% senior notes due February 15, 2029, and $1,250,000,000 aggregate principal amount of 4.875% senior notes due February 15, 2034. The notes will be fully guaranteed by Waste Management Holdings, Inc. The offering is expected to close on August 3, 2023. The net proceeds will be used for working capital, repayment of borrowings, and general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
Tags
none
-
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.97%
Tags
earnings
Rhea-AI Summary
WM (NYSE: WM) will release its second quarter financial results on July 25, 2023, followed by an investor conference call on July 26. A live audio webcast of the call will be available on investors.wm.com. Participants can pre-register for the call and find a schedule of upcoming conferences on the website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.22%
Tags
earnings
Waste Management, Inc.

NYSE:WM

WM Rankings

WM Stock Data

80.94B
400.22M
0.22%
84.58%
0.93%
Other Nonhazardous Waste Treatment and Disposal
Administrative and Support and Waste Management and Remediation Services
Link
US
Houston

About WM

waste management is north america's leading provider of integrated environmental solutions. we partner with our customers and communities to manage and reduce waste from collection to disposal while recovering valuable resources and creating clean, renewable energy. we are on a quest for environmental performance, a mission to maximize resource value, while minimizing – and even eliminating – environmental impact so that both our economy and our environment can thrive. waste management tailors its services to meet the needs of each customer group and to ensure consistent, superior service at the local level. headquartered in houston, the company serves nearly 20 million municipal, commercial, industrial, and residential customers through a network of 367 collection operations, 355 transfer stations, 273 active landfill disposal sites, 16 waste-to-energy plants, 104 recycling plants, and 111 beneficial-use landfill gas projects.