NYSE:CVA - Covanta Stock Price, News, & Analysis

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$16.04 -0.11 (-0.68 %)
(As of 10/23/2018 07:32 AM ET)
Previous Close$16.15
Today's Range$16.02 - $16.29
52-Week Range$14.15 - $18.05
Volume459,324 shs
Average Volume782,937 shs
Market Capitalization$2.11 billion
P/E Ratio-43.35
Dividend Yield6.19%
Covanta Holding Corporation, through its subsidiaries, provides waste and energy services to municipal entities primarily in the United States and Canada. It owns and operates infrastructure for the conversion of waste to energy, as well as engages in related waste transport and disposal, and other renewable energy production businesses. The company disposes waste and generates electricity and/or steam; sells metal recovered during the energy-from-waste (EfW) process; and offers waste management solutions, such as site clean-up, wastewater treatment, transportation and logistics, recycling, and depackaging. It owns and operates 43 EfW facilities; and 5 additional energy generation facilities, including wood biomass and hydroelectric renewable energy production facilities in North America. The company also owns and operates 17 transfer stations, 19 material processing facilities, 1 regional metals recycling facility, and 4 landfills. Covanta Holding Corporation has a strategic partnership with the Green Investment Group Limited to develop, fund, and own EfW projects in Ireland and the United Kingdom. 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 1960 and is headquartered in Morristown, New Jersey.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electric, gas & sanitary services
Sub-IndustryEnvironmental & Facilities Services


Debt-to-Equity Ratio4.26
Current Ratio1.20
Quick Ratio1.20


Trailing P/E Ratio-43.35
Forward P/E Ratio267.33
P/E Growth19

Sales & Book Value

Annual Sales$1.75 billion
Price / Sales1.20
Cash Flow$1.3115 per share
Price / Cash12.23
Book Value$3.26 per share
Price / Book4.92


EPS (Most Recent Fiscal Year)($0.37)
Net Income$57 million
Net Margins17.21%
Return on Equity2.63%
Return on Assets0.31%


Outstanding Shares130,820,000
Market Cap$2.11 billion

Covanta (NYSE:CVA) Frequently Asked Questions

What is Covanta's stock symbol?

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

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

Covanta announced a quarterly dividend on Thursday, September 13th. Investors of record on Friday, September 28th will be paid a dividend of $0.25 per share on Friday, October 5th. This represents a $1.00 annualized dividend and a yield of 6.23%. The ex-dividend date of this dividend is Thursday, September 27th. View Covanta's Dividend History.

How were Covanta's earnings last quarter?

Covanta Holding Corp (NYSE:CVA) issued its earnings results on Thursday, July, 26th. The energy company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.09. The energy company earned $454 million during the quarter, compared to analyst estimates of $451.63 million. Covanta had a return on equity of 2.63% and a net margin of 17.21%. Covanta's revenue was up 7.1% compared to the same quarter last year. During the same period last year, the firm earned ($0.22) EPS. View Covanta's Earnings History.

When is Covanta's next earnings date?

Covanta is scheduled to release their next quarterly earnings announcement on Thursday, October 25th 2018. View Earnings Estimates for Covanta.

How can I listen to Covanta's earnings call?

Covanta will be holding an earnings conference call on Friday, October 26th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8332387947.

What price target have analysts set for CVA?

7 Wall Street analysts have issued 12-month price objectives for Covanta's stock. Their forecasts range from $15.00 to $20.00. On average, they anticipate Covanta's share price to reach $17.8571 in the next year. This suggests a possible upside of 11.3% from the stock's current price. View Analyst Price Targets for Covanta.

What is the consensus analysts' recommendation for Covanta?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Covanta in the last year. There are currently 3 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Covanta.

Who are some of Covanta's key competitors?

Who are Covanta's key executives?

Covanta's management team includes the folowing people:
  • Mr. Stephen J. Jones, Pres, CEO & Director (Age 57)
  • Mr. Bradford J. Helgeson, Exec. VP & CFO (Age 41)
  • Mr. Timothy J. Simpson, Exec. VP, Gen. Counsel & Sec. (Age 59)
  • Mr. Derek W. Veenhof, Exec. VP of Asset Management (Age 51)
  • Mr. Michael Joseph de Castro, Exec. VP of Supply Chain (Age 55)

Who are Covanta's major shareholders?

Covanta's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Deprince Race & Zollo Inc. (0.91%), Bank of Montreal Can (0.73%), Daiwa SB Investments Ltd. (0.37%), Advisors Capital Management LLC (0.16%), Aperio Group LLC (0.16%) and Manning & Napier Group LLC (0.08%). Company insiders that own Covanta stock include John Vincent Hickey, Joseph M Holsten, Michael W Ranger, Paul E Stauder, Robert Brian Murray, Robert S Silberman, Roger Stephen Peacock, Ronald J Broglio and Stephen J Jones. View Institutional Ownership Trends for Covanta.

Which major investors are selling Covanta stock?

CVA stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Nisa Investment Advisors LLC, Aperio Group LLC, Advisors Capital Management LLC and Community Bank & Trust Waco Texas. Company insiders that have sold Covanta company stock in the last year include Paul E Stauder, Robert Brian Murray and Ronald J Broglio. View Insider Buying and Selling for Covanta.

Which major investors are buying Covanta stock?

CVA stock was purchased by a variety of institutional investors in the last quarter, including Daiwa SB Investments Ltd., Bank of Montreal Can, Coastline Trust Co, Cornerstone Wealth Management LLC and Manning & Napier Group LLC. Company insiders that have bought Covanta stock in the last two years include Joseph M Holsten, Michael W Ranger, Robert Brian Murray, Robert S Silberman and Stephen J Jones. View Insider Buying and Selling for Covanta.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Covanta's stock price today?

One share of CVA stock can currently be purchased for approximately $16.04.

How big of a company is Covanta?

Covanta has a market capitalization of $2.11 billion and generates $1.75 billion in revenue each year. The energy company earns $57 million in net income (profit) each year or ($0.37) on an earnings per share basis. Covanta employs 3,700 workers across the globe.

What is Covanta's official website?

The official website for Covanta is http://www.covanta.com.

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]

MarketBeat Community Rating for Covanta (NYSE CVA)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  333 (Vote Outperform)
Underperform Votes:  337 (Vote Underperform)
Total Votes:  670
MarketBeat's community ratings are surveys of what our community members think about Covanta and other stocks. Vote "Outperform" if you believe CVA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CVA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/23/2018 by MarketBeat.com Staff

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