NYSE:CVA - Covanta Stock Price, News, Headlines & Rumors

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$17.20 -0.05 (-0.29 %)
(As of 08/15/2018 04:00 PM ET)
Previous Close$17.25
Today's Range$17.10 - $17.45
52-Week Range$13.50 - $18.05
Volume532,526 shs
Average Volume784,423 shs
Market Capitalization$2.26 billion
P/E Ratio-46.49
Dividend Yield5.75%
Beta0.74
Covanta logoCovanta 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
SectorOils/Energy
SymbolNYSE:CVA
CUSIP22282E10
Phone862-345-5000

Debt

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

Price-To-Earnings

Trailing P/E Ratio-46.49
Forward P/E Ratio286.67
P/E Growth19.22

Sales & Book Value

Annual Sales$1.75 billion
Price / Sales1.28
Cash Flow$1.3130 per share
Price / Cash13.10
Book Value$3.26 per share
Price / Book5.28

Profitability

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

Miscellaneous

Employees3,700
Outstanding Shares130,820,000
Market Cap$2.26 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, May 3rd. Investors of record on Friday, June 29th will be paid a dividend of $0.25 per share on Friday, July 6th. This represents a $1.00 dividend on an annualized basis and a yield of 5.81%. The ex-dividend date of this dividend is Thursday, June 28th. View Covanta's Dividend History.

How were Covanta's earnings last quarter?

Covanta Holding Corp (NYSE:CVA) announced its quarterly earnings data on Thursday, July, 26th. The energy company reported ($0.01) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.10) by $0.09. The energy company earned $454 million during the quarter, compared to the consensus estimate of $451.63 million. Covanta had a net margin of 17.21% and a return on equity of 2.63%. Covanta's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.22) earnings per share. 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.

What price target have analysts set for CVA?

8 analysts have issued 12-month target prices for Covanta's shares. Their forecasts range from $15.00 to $20.00. On average, they expect Covanta's stock price to reach $17.75 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price. View Analyst Price Targets for Covanta.

What is the consensus analysts' recommendation for Covanta?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Covanta in the last year. There are currently 3 hold ratings, 4 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)

Has Covanta been receiving favorable news coverage?

News articles about CVA stock have been trending somewhat positive this week, according to Accern Sentiment. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Covanta earned a news impact score of 0.05 on Accern's scale. They also assigned media coverage about the energy company an impact score of 46.87 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Covanta.

Who are Covanta's major shareholders?

Covanta's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.59%), Fuller & Thaler Asset Management Inc. (5.94%), Dimensional Fund Advisors LP (3.05%), Levin Capital Strategies L.P. (2.57%), Bank of New York Mellon Corp (1.54%) and Russell Investments Group Ltd. (1.23%). 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 institutional investors are selling Covanta stock?

CVA stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Thompson Siegel & Walmsley LLC, Deprince Race & Zollo Inc., Russell Investments Group Ltd., GMT Capital Corp, First Trust Advisors LP, Boston Partners and Wells Fargo & Company MN. Company insiders that have sold Covanta company stock in the last year include John Vincent Hickey, Paul E Stauder, Robert Brian Murray and Ronald J Broglio. View Insider Buying and Selling for Covanta.

Which institutional investors are buying Covanta stock?

CVA stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Canada Pension Plan Investment Board, Daiwa SB Investments Ltd., Schwab Charles Investment Management Inc., Coastline Trust Co, Bank of Montreal Can, Balter Liquid Alternatives LLC and Dimensional Fund Advisors LP. 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 $17.20.

How big of a company is Covanta?

Covanta has a market capitalization of $2.26 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.

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:  312 (Vote Outperform)
Underperform Votes:  322 (Vote Underperform)
Total Votes:  634
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 8/15/2018 by MarketBeat.com Staff

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