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

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$15.66 +0.12 (+0.77 %)
(As of 01/18/2019 03:37 PM ET)
Previous Close$15.54
Today's Range$15.4901 - $15.75
52-Week Range$12.92 - $18.05
Volume447,165 shs
Average Volume870,053 shs
Market Capitalization$2.00 billion
P/E Ratio-42.32
Dividend Yield6.54%
Beta1.15
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.75 billion
Cash Flow$1.3535 per share
Book Value$3.26 per share

Profitability

Net Income$57 million

Miscellaneous

Employees3,700
Market Cap$2.00 billion
OptionableOptionable

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, December 6th. Investors of record on Friday, December 28th will be given a dividend of $0.25 per share on Friday, January 4th. This represents a $1.00 annualized dividend and a yield of 6.38%. The ex-dividend date is Thursday, December 27th. View Covanta's Dividend History.

How were Covanta's earnings last quarter?

Covanta Holding Corp (NYSE:CVA) posted its quarterly earnings results on Thursday, October, 25th. The energy company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.07 by $0.11. The energy company earned $456 million during the quarter, compared to analysts' expectations of $449.75 million. Covanta had a net margin of 14.71% and a negative return on equity of 1.30%. 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 14th 2019. View Earnings Estimates for Covanta.

How can I listen to Covanta's earnings call?

Covanta will be holding an earnings conference call on Friday, February 15th 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?

5 equities research analysts have issued 1 year price objectives for Covanta's stock. Their predictions range from $15.00 to $18.00. On average, they expect Covanta's share price to reach $16.60 in the next twelve months. This suggests a possible upside of 5.9% from the stock's current price. View Analyst Price Targets for Covanta.

What is the consensus analysts' recommendation for Covanta?

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

Has Covanta been receiving favorable news coverage?

Media headlines about CVA stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie scores the sentiment of press 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 closest to five being the most favorable. Covanta earned a news impact score of 0.6 on InfoTrie's scale. They also gave media stories about the energy company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

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 variety of of institutional and retail investors. Top institutional investors include Daiwa SB Investments Ltd. (0.47%), Advisors Capital Management LLC (0.17%), Coastline Trust Co (0.09%), North Star Investment Management Corp. (0.04%), Nisa Investment Advisors LLC (0.03%) and Sit Investment Associates Inc. (0.03%). Company insiders that own Covanta stock include Castro Michael Joseph De, John Vincent Hickey, Matthew Mulcahy, Michael W Ranger, Paul E Stauder, Robert Brian Murray, 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 Grassi Investment Management. Company insiders that have sold Covanta company stock in the last year include Matthew Mulcahy, 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 bought by a variety of institutional investors in the last quarter, including Daiwa SB Investments Ltd., Coastline Trust Co, North Star Investment Management Corp., Sit Investment Associates Inc., Fox Run Management L.L.C., Nisa Investment Advisors LLC, Virtu Financial LLC and Advisors Capital Management LLC. Company insiders that have bought Covanta stock in the last two years include Castro Michael Joseph De, Michael W Ranger, Robert Brian Murray 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 $15.68.

How big of a company is Covanta?

Covanta has a market capitalization of $2.00 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:  345 (Vote Outperform)
Underperform Votes:  347 (Vote Underperform)
Total Votes:  692
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 1/18/2019 by MarketBeat.com Staff

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