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

Waste Management, Inc. (NYSE:WM) – Erste Group Bank decreased their FY2026 earnings estimates for shares of Waste Management in a research note issued to investors on Wednesday, August 5th. Erste Group Bank analyst H. Engel now forecasts that the business services provider will post earnings of $8.14 per share for the year, down from their prior forecast of $8.15. The consensus estimate for Waste Management’s current full-year earnings is $8.14 per share. Erste Group Bank also issued estimates for Waste Management’s FY2027 earnings at $9.04 EPS.

Waste Management (NYSE:WM) last announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.98 by $0.04. The firm had revenue of $6.68 billion during the quarter, compared to the consensus estimate of $6.71 billion. Waste Management had a net margin of 11.11% and a return on equity of 31.68%. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.92 EPS.

Several other equities research analysts have also issued reports on the company. Wells Fargo & Company lowered their price objective on Waste Management from $273.00 to $268.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Barclays raised their price target on Waste Management from $270.00 to $277.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Oppenheimer dropped their price objective on shares of Waste Management from $264.00 to $263.00 and set an “outperform” rating for the company in a research note on Wednesday, July 8th. Royal Bank Of Canada boosted their price objective on shares of Waste Management from $240.00 to $244.00 and gave the company a “sector perform” rating in a research report on Thursday, July 30th. Finally, Robert W. Baird increased their target price on shares of Waste Management from $248.00 to $260.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. Thirteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $258.89.

Waste Management Trading Down 0.5%

Shares of NYSE WM opened at $226.52 on Tuesday. Waste Management has a 1-year low of $194.11 and a 1-year high of $248.13. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.91 and a quick ratio of 0.87. The business’s 50 day moving average is $226.97 and its two-hundred day moving average is $227.95. The stock has a market capitalization of $90.54 billion, a P/E ratio of 32.08, a PEG ratio of 2.80 and a beta of 0.44.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in WM. Elevated Capital Advisors LLC purchased a new stake in Waste Management in the 4th quarter valued at about $25,000. Financial Network Wealth Advisors LLC increased its position in 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 valued at $29,000 after purchasing an additional 47 shares during the period. RHL Group LLC bought a new stake in shares of Waste Management in the 4th quarter valued at about $29,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of Waste Management in the 4th quarter worth approximately $29,000. Finally, JPL Wealth Management LLC bought a new position in shares of Waste Management during the third quarter valued at approximately $30,000. Hedge funds and other institutional investors own 80.40% of the company’s stock.

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.