Covanta Stock Forecast, Price & News

-0.03 (-0.15 %)
(As of 07/27/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume2.19 million shs
Average Volume1.37 million shs
Market Capitalization$2.66 billion
P/E Ratio500.13
Dividend Yield1.60%
30 days | 90 days | 365 days | Advanced Chart
Receive CVA News and Ratings via Email

Sign-up to receive the latest news and ratings for Covanta and its competitors with MarketBeat's FREE daily newsletter.

Covanta logo

About Covanta

Covanta Holding Corporation, through its subsidiaries, provides waste and energy services to municipal entities primarily in the United States and internationally. It owns and operates infrastructure for the conversion of waste to energy (WtE), as well as engages in related waste transport and disposal, and other renewable energy generation businesses. The company disposes waste and generates electricity and/or steam; sells ferrous and non-ferrous metal recovered during the WtE process; and offers waste management solutions, such as site clean-up, wastewater treatment, pharmaceutical and healthcare solutions, reverse distribution, transportation and logistics, recycling, and depackaging. As of December 31, 2020, it owned and operated 41 WtE operations, 13 transfer stations, 20 material processing facilities, 4 landfills, 2 wood waste energy projects, 1 regional metals recycling facility, and 1 ash processing facility. The company was formerly known as Danielson Holding Corporation and changed its name to Covanta Holding Corporation in September 2005. Covanta Holding Corporation was founded in 1986 and is headquartered in Morristown, New Jersey.


Is Covanta a Good Green Energy Stock to Own?
Is Covanta a Good Green Energy Stock to Own?
July 20, 2021 |  stocknews.com
See More Headlines

Industry, Sector and Symbol

Sales & Book Value






Overall MarketRank

1.53 out of 5 stars

Oils/Energy Sector

192nd out of 712 stocks

Electric, Gas & Sanitary Services Industry

4th out of 5 stocks

Analyst Opinion: 1.2Community Rank: 3.3Dividend Strength: 0.8Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles

Covanta (NYSE:CVA) Frequently Asked Questions

Is Covanta a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Covanta in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Covanta stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CVA, but not buy additional shares or sell existing shares.
View analyst ratings for Covanta
or view top-rated stocks.

What stocks does MarketBeat like better than Covanta?

Wall Street analysts have given Covanta a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Covanta wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Covanta?

Covanta saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 2,050,000 shares, a decline of 21.2% from the June 15th total of 2,600,000 shares. Based on an average trading volume of 907,500 shares, the short-interest ratio is presently 2.3 days. Approximately 1.6% of the shares of the stock are sold short.
View Covanta's Short Interest

When is Covanta's next earnings date?

Covanta is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Covanta

How were Covanta's earnings last quarter?

Covanta Holding Co. (NYSE:CVA) posted its quarterly earnings data on Thursday, April, 29th. The energy company reported $0.01 earnings per share for the quarter, topping analysts' consensus estimates of ($0.14) by $0.15. The energy company had revenue of $498 million for the quarter, compared to the consensus estimate of $471.63 million. Covanta had a net margin of 0.31% and a trailing twelve-month return on equity of 2.06%.
View Covanta's earnings history

How has Covanta's stock been impacted by COVID-19 (Coronavirus)?

Covanta's stock was trading at $10.95 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CVA stock has increased by 82.6% and is now trading at $20.00.
View which stocks have been most impacted by COVID-19

How often does Covanta pay dividends? What is the dividend yield for Covanta?

Covanta declared a quarterly dividend on Thursday, May 13th. Stockholders of record on Thursday, June 24th will be given a dividend of $0.08 per share on Friday, July 2nd. This represents a $0.32 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date is Wednesday, June 23rd.
View Covanta's dividend history

Is Covanta a good dividend stock?

Covanta pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.60%.
View Covanta's dividend history.

What price target have analysts set for CVA?

5 brokerages have issued 1-year price objectives for Covanta's stock. Their forecasts range from $13.00 to $20.25. On average, they anticipate Covanta's stock price to reach $17.38 in the next year. This suggests that the stock has a possible downside of 13.1%.
View analysts' price targets for Covanta
or view top-rated stocks among Wall Street analysts.

Who are Covanta's key executives?

Covanta's management team includes the following people:
  • Mr. Michael W. Ranger, Pres, CEO & Director (Age 63, Pay $68.33k)
  • Mr. Bradford J. Helgeson, Exec. VP & CFO (Age 44, Pay $885.15k)
  • Mr. Derek W. Veenhof, Exec. VP & COO (Age 54, Pay $889.79k)
  • Mr. Timothy J. Simpson, Exec. VP & Chief Admin. Officer (Age 62, Pay $689.29k)
  • Mr. Thomas L. Kenyon, Exec. VP, Gen. Counsel & Sec. (Age 50, Pay $619.36k)
  • Mr. Owen Michaelson, Pres of Covanta Europe Investments Limited & Director (Age 54, Pay $72.25k)
  • Mr. Joseph J. Schantz II, Chief Accounting Officer & VP (Age 38)
  • Mr. Daniel Joshua Mannes CFA, VP of Investor Relations
  • Mr. Matthew R. Mulcahy, Exec. VP & Head of Corp. Devel. (Age 57)
  • Ms. Virginia D. Angilello, Sr. VP & Chief HR Officer (Age 51)

What is Steve Jones' approval rating as Covanta's CEO?

54 employees have rated Covanta CEO Steve Jones on Glassdoor.com. Steve Jones has an approval rating of 92% among Covanta's employees. This puts Steve Jones in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Covanta's key competitors?

What other stocks do shareholders of Covanta own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Covanta investors own include AT&T (T), Ford Motor (F), Enterprise Products Partners (EPD), Intel (INTC), CVS Health (CVS), International Business Machines (IBM), Cisco Systems (CSCO), Verizon Communications (VZ), General Electric (GE) and Johnson & Johnson (JNJ).

What is Covanta's stock symbol?

Covanta trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVA."

Who are Covanta's major shareholders?

Covanta's stock is owned by a variety of retail and institutional investors. Top institutional investors include Raymond James Trust N.A. (0.02%). Company insiders that own Covanta stock include Castro Michael Joseph De, Linda J Fisher, Paul E Stauder, Robert S Silberman and Ronald J Broglio.
View institutional ownership trends for Covanta

Which institutional investors are buying Covanta stock?

CVA stock was acquired by a variety of institutional investors in the last quarter, including Raymond James Trust N.A..
View insider buying and selling activity for Covanta
or or view top insider-buying stocks.

How do I buy shares of Covanta?

Shares of CVA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Covanta's stock price today?

One share of CVA stock can currently be purchased for approximately $20.00.

How much money does Covanta make?

Covanta has a market capitalization of $2.66 billion and generates $1.90 billion in revenue each year. The energy company earns $-28,000,000.00 in net income (profit) each year or ($0.21) on an earnings per share basis.

How many employees does Covanta have?

Covanta employs 4,000 workers across the globe.

What is Covanta's official website?

The official website for Covanta is www.covanta.com.

Where are Covanta's headquarters?

Covanta is headquartered at 445 South Street, Morristown NJ, 07960.

How can I contact Covanta?

Covanta's mailing address is 445 South Street, Morristown NJ, 07960. The energy company can be reached via phone at 862-345-5000 or via email at [email protected]

This page was last updated on 7/28/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.