NYSE:CVA - Covanta Stock Price, Price Target & More

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$17.30 -0.10 (-0.57 %)
(As of 07/16/2018 06:19 AM ET)
Previous Close$17.40
Today's Range$17.15 - $17.45
52-Week Range$13.10 - $17.40
Volume550,102 shs
Average Volume646,019 shs
Market Capitalization$2.26 billion
P/E Ratio-46.76
Dividend Yield5.78%
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


Debt-to-Equity Ratio3.75
Current Ratio1.28
Quick Ratio1.28


Trailing P/E Ratio-46.76
Forward P/E Ratio432.50
P/E Growth26.62

Sales & Book Value

Annual Sales$1.75 billion
Price / Sales1.29
Cash Flow$1.3206 per share
Price / Cash13.10
Book Value$3.26 per share
Price / Book5.31


EPS (Most Recent Fiscal Year)($0.37)
Net Income$57 million
Net Margins17.17%
Return on Equity-3.19%
Return on Assets-0.33%


Outstanding Shares130,810,000
Market Cap$2,263.00

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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 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 annualized dividend and a yield of 5.78%. 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) posted its quarterly earnings results on Thursday, April, 26th. The energy company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.21) by $0.12. The energy company earned $458 million during the quarter, compared to analyst estimates of $431.30 million. Covanta had a net margin of 17.17% and a negative return on equity of 3.19%. The company's revenue for the quarter was up 13.4% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.37) 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, July, 26th 2018. View Earnings Estimates for Covanta.

What price target have analysts set for CVA?

6 brokerages have issued 1 year target prices for Covanta's stock. Their forecasts range from $15.00 to $20.00. On average, they expect Covanta's share price to reach $17.6667 in the next twelve months. This suggests a possible upside of 2.1% from the stock's current price. View Analyst Ratings for Covanta.

What is the consensus analysts' recommendation for Covanta?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Covanta in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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 headlines about CVA stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Covanta earned a coverage optimism score of 0.11 on Accern's scale. They also assigned news articles about the energy company an impact score of 45.17 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are Covanta's major shareholders?

Covanta's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Daiwa SB Investments Ltd. (0.25%), Raymond James Trust N.A. (0.03%), Grassi Investment Management (0.02%), Community Bank & Trust Waco Texas (0.01%) and Atria Investments LLC (0.01%). 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 Grassi Investment Management and Community Bank & Trust Waco Texas. 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 purchased by a variety of institutional investors in the last quarter, including Daiwa SB Investments Ltd., Atria Investments LLC and Raymond James Trust N.A.. 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 $17.30.

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:  2.4 out of 5 (star star)
Outperform Votes:  300 (Vote Outperform)
Underperform Votes:  313 (Vote Underperform)
Total Votes:  613
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 7/16/2018 by MarketBeat.com Staff

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