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Covanta Stock Price, Forecast & Analysis (NYSE:CVA)

$14.42
-0.16 (-1.10 %)
(As of 11/22/2019 07:12 AM ET)
Today's Range
$14.36
Now: $14.42
$14.65
50-Day Range
$14.12
MA: $15.60
$17.52
52-Week Range
$12.92
Now: $14.42
$18.38
Volume675,057 shs
Average Volume1.25 million shs
Market Capitalization$1.90 billion
P/E RatioN/A
Dividend Yield6.84%
Beta1.29
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, pharmaceutical and healthcare solutions, transportation and logistics, recycling, and depackaging. Read More…

Industry, Sector and Symbol

Industry Electric, gas & sanitary services
Sub-IndustryEnvironmental & Facilities Services
SectorOils/Energy
CUSIP22282E10
Phone862-345-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.87 billion
Cash Flow$1.58 per share
Book Value$2.87 per share

Profitability

Net Income$152 million

Miscellaneous

Employees4,000
Market Cap$1.90 billion
Next Earnings Date2/13/2020 (Estimated)
OptionableOptionable

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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 Wednesday, September 18th. Investors of record on Friday, September 27th will be paid a dividend of $0.25 per share on Friday, October 4th. This represents a $1.00 dividend on an annualized basis and a yield of 6.93%. The ex-dividend date is Thursday, September 26th. View Covanta's Dividend History.

How were Covanta's earnings last quarter?

Covanta Holding Corp (NYSE:CVA) announced its quarterly earnings data on Thursday, October, 24th. The energy company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of $0.04 by $0.06. The energy company had revenue of $465 million for the quarter, compared to analyst estimates of $464.96 million. Covanta had a return on equity of 0.69% and a net margin of 0.37%. The firm's quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.04) 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, February 13th 2020. View Earnings Estimates for Covanta.

What price target have analysts set for CVA?

7 Wall Street analysts have issued 12-month price objectives for Covanta's shares. Their forecasts range from $16.00 to $19.00. On average, they expect Covanta's stock price to reach $17.75 in the next twelve months. This suggests a possible upside of 23.1% 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 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Covanta.

Has Covanta been receiving favorable news coverage?

News stories about CVA stock have been trending negative on Friday, InfoTrie reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Covanta earned a news impact score of -2.5 on InfoTrie's scale. They also gave media headlines about the energy company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Covanta.

Are investors shorting Covanta?

Covanta saw a decrease in short interest during the month of October. As of October 15th, there was short interest totalling 2,960,000 shares, a decrease of 9.2% from the September 15th total of 3,260,000 shares. Based on an average daily volume of 742,000 shares, the days-to-cover ratio is presently 4.0 days. Currently, 2.3% of the shares of the stock are short sold. View Covanta's Current Options Chain.

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), Verizon Communications (VZ), General Electric (GE), Intel (INTC), Enterprise Products Partners (EPD), Micron Technology (MU), Kinder Morgan (KMI), Cisco Systems (CSCO), Bank of America (BAC) and Newell Brands (NWL).

Who are Covanta's key executives?

Covanta's management team includes the folowing people:
  • Mr. Stephen J. Jones, Pres, CEO & Director (Age 58)
  • Mr. Bradford J. Helgeson, Exec. VP & CFO (Age 42)
  • Mr. Timothy J. Simpson, Exec. VP, Gen. Counsel & Sec. (Age 60)
  • Mr. Derek W. Veenhof, Exec. VP of Asset Management (Age 52)
  • Mr. Michael Joseph de Castro, Exec. VP of Supply Chain (Age 56)

Who are Covanta's major shareholders?

Covanta's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include GW&K Investment Management LLC (1.68%), Russell Investments Group Ltd. (0.71%), Peregrine Capital Management LLC (0.30%), CNA Financial Corp (0.30%), Gilman Hill Asset Management LLC (0.20%) and First Trust Advisors LP (0.20%). Company insiders that own Covanta stock include Castro Michael Joseph De, Linda J Fisher, Matthew Mulcahy, Paul E Stauder, Robert Brian Murray, Ronald J Broglio, Stephen J Jones and Timothy Simpson. 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 Russell Investments Group Ltd., Hussman Strategic Advisors Inc., First Trust Advisors LP, Adirondack Research & Management Inc., Manning & Napier Group LLC, Nisa Investment Advisors LLC, Zeke Capital Advisors LLC and Gabelli Funds LLC. Company insiders that have sold Covanta company stock in the last year include Castro Michael Joseph De, Linda J Fisher, Matthew Mulcahy, Paul E Stauder, Ronald J Broglio and Timothy Simpson. 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 Peregrine Capital Management LLC, State of New Jersey Common Pension Fund D, Bay Colony Advisory Group Inc d b a Bay Colony Advisors, SG Americas Securities LLC, Alps Advisors Inc., California Public Employees Retirement System, Coastline Trust Co and Comerica Bank. Company insiders that have bought Covanta stock in the last two years include Castro Michael Joseph De 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, Robinhood, Fidelity and Charles Schwab.

What is Covanta's stock price today?

One share of CVA stock can currently be purchased for approximately $14.42.

How big of a company is Covanta?

Covanta has a market capitalization of $1.90 billion and generates $1.87 billion in revenue each year. The energy company earns $152 million in net income (profit) each year or ($0.10) on an earnings per share basis. Covanta employs 4,000 workers across the globe.View Additional Information About Covanta.

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:  390 (Vote Outperform)
Underperform Votes:  400 (Vote Underperform)
Total Votes:  790
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 11/22/2019 by MarketBeat.com Staff

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