Covanta Holding Corp Company Profile (NYSE:CVA)

About Covanta Holding Corp (NYSE:CVA)

Covanta Holding Corp logoCovanta Holding Corporation is a holding company. The Company, through its subsidiaries, owns and operates infrastructure for the conversion of waste to energy, as well as other waste disposal and renewable energy production businesses. The Company operates through North America segment, which consists of waste and energy services operations located primarily in the United States and Canada. Outside of North America, the Company is constructing an energy-from-waste (EfW) facility in Dublin, Ireland. The Company holds interests in an EfW facility in Italy and an infrastructure business in China, which is engaged in EfW operations. These EfW projects generate revenue from three main sources: fees charged for operating projects or processing waste received; the sale of electricity and/or steam, and the sale of ferrous and non-ferrous metals that are recovered from the waste stream as part of the EfW process.

Industry, Sector and Symbol:
  • Sector: Industrials
  • Industry: Waste Management, Disposal & Recycling Services
  • Sub-Industry: Environmental & Facilities Services
  • Symbol: NYSE:CVA
  • CUSIP: 22282E10
  • Web:
  • Market Cap: $1.98 billion
  • Outstanding Shares: 130,000,000
Average Prices:
  • 50 Day Moving Avg: $14.76
  • 200 Day Moving Avg: $14.39
  • 52 Week Range: $13.00 - $16.50
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 138.64
  • P/E Growth: -1.16
Sales & Book Value:
  • Annual Revenue: $1.71 billion
  • Price / Sales: 1.16
  • Book Value: $2.66 per share
  • Price / Book: 5.73
  • Annual Dividend: $1.00
  • Dividend Yield: 6.6%
  • EBITDA: $296 million
  • Net Margins: -8.96%
  • Return on Equity: -39.89%
  • Return on Assets: -3.40%
  • Debt-to-Equity Ratio: 8.10%
  • Current Ratio: 1.26%
  • Quick Ratio: 1.26%
  • Average Volume: 1.10 million shs.
  • Beta: 0.71
  • Short Ratio: 12.06

Frequently Asked Questions for Covanta Holding Corp (NYSE:CVA)

What is Covanta Holding Corp's stock symbol?

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

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

Covanta Holding Corp announced a quarterly dividend on Thursday, September 14th. Stockholders of record on Thursday, September 28th will be given a dividend of $0.25 per share on Friday, October 6th. This represents a $1.00 annualized dividend and a dividend yield of 6.56%. The ex-dividend date is Wednesday, September 27th. View Covanta Holding Corp's Dividend History.

How were Covanta Holding Corp's earnings last quarter?

Covanta Holding Corp (NYSE:CVA) issued its quarterly earnings results on Thursday, July, 27th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.18) by $0.04. The business had revenue of $424 million for the quarter, compared to the consensus estimate of $416.18 million. Covanta Holding Corp had a negative net margin of 8.96% and a negative return on equity of 39.89%. The business's revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.22) earnings per share. View Covanta Holding Corp's Earnings History.

When will Covanta Holding Corp make its next earnings announcement?

Covanta Holding Corp is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Covanta Holding Corp.

Where is Covanta Holding Corp's stock going? Where will Covanta Holding Corp's stock price be in 2017?

7 brokerages have issued 12-month price objectives for Covanta Holding Corp's shares. Their forecasts range from $12.50 to $21.00. On average, they anticipate Covanta Holding Corp's stock price to reach $17.07 in the next twelve months. View Analyst Ratings for Covanta Holding Corp.

What are analysts saying about Covanta Holding Corp stock?

Here are some recent quotes from research analysts about Covanta Holding Corp stock:

  • 1. According to Zacks Investment Research, "Covanta Holding Corporation is an internationally recognized owner and operator of large-scale Energy-from-Waste and renewable energy projects and a recipient of the Energy Innovator Award from the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy. Covanta's Energy-from-Waste facilities provide communities with an environmentally sound solution to their solid waste disposal needs by using that municipal solid waste to generate clean, renewable energy. " (10/9/2017)
  • 2. Wedbush analysts commented, "We expect Covanta Holding Corp. (CVA), a member of the Wedbush Best Ideas List, to grow adjusted EBITDA 3-5% over the long-term when excluding commodities from multiple growth drivers from its existing asset base. While leveraged to the long-term recovery in energy and metals markets, new investments including Energy-from-Waste (EfW) facility, UK development effort and NYC MTS contract targeted for 2018 support our positive view. In the interim, shareholders collect an annual dividend of $1.00/share (paid quarterly) with the realization of cost efficiencies and lean initiatives pushing hard to offset operating cost inflation and higher maintenance spend." (3/14/2017)
  • 3. Stifel Nicolaus analysts commented, "We are lowering our rating to Hold and reaffirming our target price of $16.50 on Covanta Holdings (CVA, Hold, $16.00). CVA shares should be benefiting from better commodity prices. That it is not is, in our view, due to lingering concerns that sales gains, like better commodity prices, Dublin and upselling the waste fee mix, will continue to be offset by unpredictable cost variability. Most recently the Fairfax, VA and Montgomery County fires have to be factored into the analysis. CVA suggested FY17 would be flat EBTIDA YoY and up FCF on a wind down of growth capital spending. The Fairfax fire puts that outlook at risk depending on how long it will take to restart the facility." (2/13/2017)

Who are some of Covanta Holding Corp's key competitors?

Who are Covanta Holding Corp's key executives?

Covanta Holding Corp's management team includes the folowing people:

  • Samuel F. Zell J.D., Independent Chairman of the Board
  • Stephen J. Jones, President, Chief Executive Officer, Director
  • Bradford J. Helgeson, Chief Financial Officer, Executive Vice President
  • Paul E. Stauder, President of Covanta Environmental Solutions
  • Michael A. Wright, Chief Human Resource Officer, Senior Vice President
  • Timothy J. Simpson, Executive Vice President, General Counsel, Secretary
  • Michael Joseph de Castro, Executive Vice President - Supply Chain
  • Matthew R. Mulcahy, Executive Vice President and Head of Corporate Development
  • Derek W. Veenhof, Executive Vice President - Sustainable Solutions
  • Manpreet Grewal, Chief Accounting Officer, Vice President

How do I buy Covanta Holding Corp stock?

Shares of Covanta Holding Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Covanta Holding Corp's stock price today?

One share of Covanta Holding Corp stock can currently be purchased for approximately $15.25.

MarketBeat Community Rating for Covanta Holding Corp (NYSE CVA)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  248 (Vote Outperform)
Underperform Votes:  234 (Vote Underperform)
Total Votes:  482
MarketBeat's community ratings are surveys of what our community members think about Covanta Holding Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Covanta Holding Corp (NYSE:CVA) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $17.07 (11.94% upside)
Consensus Price Target History for Covanta Holding Corp (NYSE:CVA)
Price Target History for Covanta Holding Corp (NYSE:CVA)
Analysts' Ratings History for Covanta Holding Corp (NYSE:CVA)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/6/2017Robert W. BairdReiterated RatingBuy$17.00N/AView Rating Details
9/5/2017Stifel NicolausReiterated RatingBuy$17.00LowView Rating Details
7/31/2017BMO Capital MarketsUpgradeMarket Perform -> Outperform$16.00 -> $17.00HighView Rating Details
7/17/2017Oppenheimer Holdings, Inc.Reiterated RatingBuyLowView Rating Details
7/12/2017Barclays PLCUpgradeEqual Weight -> Overweight$16.00 -> $15.00HighView Rating Details
3/14/2017WedbushReiterated RatingOutperform$21.00LowView Rating Details
3/3/2017Goldman Sachs Group, Inc. (The)Initiated CoverageSell -> Sell$12.50N/AView Rating Details
8/25/2016MacquarieInitiated CoverageNeutral$18.00N/AView Rating Details
7/28/2016Imperial CapitalLower Price TargetOutperform$18.50 -> $18.00N/AView Rating Details
2/19/2016BB&T CorporationLower Price TargetBuy$18.00 -> $16.00N/AView Rating Details
2/18/2016Raymond James Financial, Inc.Lower Price Target$19.00 -> $18.50N/AView Rating Details
2/18/2016Credit Suisse GroupLower Price TargetNeutral$17.00 -> $16.00N/AView Rating Details
(Data available from 10/19/2015 forward)


Earnings History for Covanta Holding Corp (NYSE:CVA)
Earnings by Quarter for Covanta Holding Corp (NYSE:CVA)
Earnings History by Quarter for Covanta Holding Corp (NYSE CVA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$0.09N/AView Earnings Details
7/27/2017Q2 2017($0.18)($0.22)$416.18 million$424.00 millionViewN/AView Earnings Details
4/25/2017Q1 2017($0.21)($0.37)$399.69 million$404.00 millionViewN/AView Earnings Details
2/15/2017Q117$0.13$0.08$425.49 million$457.00 millionViewN/AView Earnings Details
10/25/2016Q316$0.14$0.18$421.72 million$421.00 millionViewN/AView Earnings Details
7/26/2016Q216($0.05)($0.22)$410.38 million$418.00 millionViewN/AView Earnings Details
4/26/2016Q116($0.09)($0.19)$399.58 million$403.00 millionViewN/AView Earnings Details
2/16/2016Q415$0.14$0.03$413.53 million$1.65 billionViewListenView Earnings Details
10/27/2015Q315$0.21$0.22$405.88 million$422.00 millionViewListenView Earnings Details
7/22/2015Q215$0.04($0.06)$408.71 million$408.00 millionViewListenView Earnings Details
4/22/2015Q115($0.08)($0.13)$386.41 million$383.00 millionViewN/AView Earnings Details
2/11/2015Q414$0.15$0.06$407.50 million$435.00 millionViewN/AView Earnings Details
10/22/2014Q314$0.21$0.26$427.80 million$414.00 millionViewN/AView Earnings Details
7/22/2014Q214$0.01$0.06$401.44 million$432.00 millionViewN/AView Earnings Details
4/22/2014Q114($0.15)($0.03)$381.10 million$401.00 millionViewN/AView Earnings Details
2/11/2014Q413$0.21$0.18$426.47 million$422.00 millionViewN/AView Earnings Details
10/24/2013Q313$0.27$0.28$424.94 million$427.00 millionViewN/AView Earnings Details
7/17/2013Q2 2013$0.05$0.10$402.71 million$413.00 millionViewListenView Earnings Details
4/17/2013Q1 2013($0.13)($0.21)$393.50 million$373.00 millionViewListenView Earnings Details
2/6/2013Q4 2012$0.23$0.20$430.00 million$430.00 millionViewListenView Earnings Details
10/17/2012$0.25$0.25ViewN/AView Earnings Details
7/18/2012$0.12$0.15ViewN/AView Earnings Details
4/18/2012($0.08)($0.09)ViewN/AView Earnings Details
10/19/2011$0.24$0.24ViewN/AView Earnings Details
7/20/2011$0.09$0.14ViewN/AView Earnings Details
4/20/2011($0.08)($0.10)ViewN/AView Earnings Details
2/9/2011$0.19$0.20ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Covanta Holding Corp (NYSE:CVA)
2017 EPS Consensus Estimate: ($0.08)
2018 EPS Consensus Estimate: $0.19
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.20)($0.20)($0.20)
Q2 20172($0.31)($0.18)($0.25)
Q3 20172$0.14$0.16$0.15
Q4 20172$0.21$0.23$0.22
Q1 20181($0.20)($0.20)($0.20)
Q2 20181($0.07)($0.07)($0.07)
Q3 20181$0.18$0.18$0.18
Q4 20181$0.28$0.28$0.28
(Data provided by Zacks Investment Research)


Current Dividend Information for Covanta Holding Corp (NYSE:CVA)
Most Recent Dividend:10/6/2017
Annual Dividend:$1.00
Dividend Yield:6.56%
Dividend Growth:26.40% (3 Year Average)
Payout Ratio:-526.29% (Trailing 12 Months of Earnings)
-400.00% (Based on This Year's Estimates)
909.09% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Covanta Holding Corp (NYSE:CVA)

Dividend History by Quarter for Covanta Holding Corp (NYSE CVA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Covanta Holding Corp (NYSE:CVA)
Insider Ownership Percentage: 11.60%
Institutional Ownership Percentage: 96.25%
Insider Trades by Quarter for Covanta Holding Corp (NYSE:CVA)
Institutional Ownership by Quarter for Covanta Holding Corp (NYSE:CVA)
Insider Trades by Quarter for Covanta Holding Corp (NYSE:CVA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/9/2017Paul E StauderInsiderSell1,500$14.45$21,675.00View SEC Filing  
5/24/2017Paul E StauderInsiderSell2,500$14.50$36,250.00View SEC Filing  
5/10/2017Ronald J BroglioDirectorSell3,000$14.33$42,990.00View SEC Filing  
4/27/2017Michael W RangerDirectorBuy40,000$14.56$582,400.00View SEC Filing  
4/27/2017Stephen J JonesInsiderBuy10,000$14.48$144,800.00View SEC Filing  
12/13/2016Stephen J JonesInsiderBuy15,000$14.81$222,150.00View SEC Filing  
12/8/2016Joseph M HolstenDirectorBuy20,000$14.34$286,800.00View SEC Filing  
11/14/2016Robert S SilbermanDirectorBuy2,000$14.73$29,460.00View SEC Filing  
7/28/2016Ronald J BroglioDirectorSell4,500$15.78$71,010.00View SEC Filing  
3/3/2016Robert S SilbermanDirectorBuy2,077$14.98$31,113.46View SEC Filing  
2/19/2016Stephen J JonesCEOBuy15,000$13.09$196,350.00View SEC Filing  
12/14/2015Joseph M HolstenDirectorBuy80,780$14.49$1,170,502.20View SEC Filing  
12/8/2015Castro Michael Joseph DeEVPBuy10,000$15.00$150,000.00View SEC Filing  
4/6/2015Anthony J OrlandoDirectorSell140,000$22.04$3,085,600.00View SEC Filing  
3/13/2015Stephen J JonesCEOBuy50,000$21.15$1,057,500.00View SEC Filing  
12/2/2014Peter C B BynoeDirectorSell13,334$23.86$318,149.24View SEC Filing  
11/26/2014Seth MyonesCOOSell120,000$24.79$2,974,800.00View SEC Filing  
11/13/2014William PateDirectorSell6,439$23.65$152,282.35View SEC Filing  
11/7/2014Jean SmithDirectorSell5,000$23.35$116,750.00View SEC Filing  
11/7/2014Seth MyonesCOOSell36,206$23.49$850,478.94View SEC Filing  
10/30/2014Timothy SimpsonVPSell24,686$21.84$539,142.24View SEC Filing  
8/21/2014William PateDirectorSell3,867$20.90$80,820.30View SEC Filing  
8/12/2014Seth MyonesCOOSell26,883$20.56$552,714.48View SEC Filing  
7/28/2014Sz Investments LlcMajor ShareholderSell2,000,000$20.44$40,880,000.00View SEC Filing  
7/25/2014Ronald J BroglioDirectorSell4,500$20.39$91,755.00View SEC Filing  
9/3/2013Timothy SimpsonVPSell14,144$21.13$298,862.72View SEC Filing  
8/5/2013Anthony J OrlandoCEOSell40,000$20.83$833,200.00View SEC Filing  
5/21/2013Ronald J BroglioDirectorSell4,500$20.40$91,800.00View SEC Filing  
5/9/2013Timothy SimpsonVPSell28,209$20.12$567,565.08View SEC Filing  
5/1/2013John KlettEVPSell30,000$20.07$602,100.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Covanta Holding Corp (NYSE:CVA)
Latest Headlines for Covanta Holding Corp (NYSE:CVA)
DateHeadline logoCovanta Holding Corporation (CVA) Given Consensus Rating of "Buy" by Analysts - October 18 at 9:43 AM logo15.4% of DIV Holdings Seeing Recent Insider Buys - October 17 at 6:28 PM logoCovanta Holding Corporation Third Quarter 2017 Earnings Conference Call To Be Held On October 27, 2017 - October 16 at 6:22 PM logoCovanta Holding Corporation (CVA) Scheduled to Post Quarterly Earnings on Monday - October 16 at 5:02 AM logoContrasting Marathon Patent Group (MARA) and Covanta Holding Corporation (CVA) - October 13 at 2:26 AM logoAnalyzing Covanta Holding Corporation (CVA) and Advanced Disposal Services (ADSW) - October 12 at 9:16 AM logoETFs with exposure to Covanta Holding Corp. : October 11, 2017 - October 11 at 7:08 PM logoQ3 Earnings to Work Magic for Wall Street: Top 5 Picks - October 10 at 3:23 PM logoCovanta Holding Corporation (CVA) Upgraded to "Buy" by Zacks Investment Research - October 10 at 12:02 AM logoCovanta Holding Corporation (CVA) Stock Rating Reaffirmed by Robert W. Baird - October 6 at 11:40 PM logoTechnical Research on Waste Management Equities -- Waste Management, Covanta, Darling Ingredients, and Republic Services - September 30 at 3:41 PM logo3 Energy Income Stocks You Can Feel Good About Owning - September 30 at 9:55 AM logoCovanta Holding Corporation (CVA) Ex-Dividend Date Scheduled for September 27 ... - September 27 at 6:53 PM logoEx-Dividend Reminder: Covanta Holding, Canadian Imperial Bank Of Commerce and Chimera Investment - September 25 at 12:09 PM logo$418.75 Million in Sales Expected for Covanta Holding Corporation (CVA) This Quarter - September 24 at 5:38 AM logoCovanta Holding Corporation (CVA) Receives Consensus Rating of "Hold" from Analysts - September 23 at 6:52 AM logoNotable Friday Option Activity: ALNY, CVA, TWTR - Nasdaq - September 15 at 6:05 PM logoFinancial Comparison: Advanced Disposal Services (ADSW) versus Covanta Holding Corporation (CVA) - September 15 at 10:20 AM logoCovanta Holding Corporation (CVA) Announces $0.25 Quarterly Dividend - September 14 at 5:50 PM logoCovanta Holding Corporation (CVA) Stock Rating Reaffirmed by Stifel Nicolaus - September 5 at 11:06 AM logoCovanta Holding Corporation (CVA) Expected to Post Quarterly Sales of $418.75 Million - September 5 at 8:10 AM logoCovanta Holding Corporation (CVA) Given "Buy" Rating at Robert W. Baird - September 4 at 1:52 PM logoCovanta Holding Corporation (CVA) vs. US Ecology (ECOL) Critical Analysis - September 4 at 12:24 AM logo$0.08 Earnings Per Share Expected for Covanta Holding Corporation (CVA) This Quarter - September 3 at 6:38 PM logoCovanta Holding Corp. – Value Analysis (NYSE:CVA) : September 2, 2017 - September 2 at 4:03 AM logoETFs with exposure to Covanta Holding Corp. : August 29, 2017 - August 29 at 11:07 PM logoCovanta Holding Corp. breached its 50 day moving average in a Bullish Manner : CVA-US : August 29, 2017 - August 29 at 6:05 PM logoCovanta Holding Corporation (CVA) Receives Average Rating of "Hold" from Analysts - August 29 at 6:44 AM logoCovanta Holding Corporation to Present at Barclay's CEO Energy-Power Conference - August 28 at 5:32 PM logoFinancial Review: Vertex Energy (VTNR) versus Covanta Holding Corporation (CVA) - August 27 at 10:24 PM logoFinancial Comparison: Waste Connections (WCN) versus Covanta Holding Corporation (CVA) - August 27 at 4:24 AM logoFinancial Survey: Stericycle (SRCL) vs. Covanta Holding Corporation (CVA) - August 22 at 2:22 PM logoHead to Head Comparison: Covanta Holding Corporation (CVA) versus Vertex Energy (VTNR) - August 22 at 6:24 AM logoSee what the IHS Markit Score report has to say about Covanta Holding Corp. - August 15 at 11:26 PM logoETFs with exposure to Covanta Holding Corp. : August 15, 2017 - August 15 at 6:22 PM logoCovanta Holding Corp. breached its 50 day moving average in a Bearish Manner : CVA-US : August 14, 2017 - August 14 at 6:02 PM logoIHS Markit Score Update: Rise in demand for ETFs holding Covanta Holding Corp is a positive for its shares - August 11 at 6:09 PM logoCovanta Holding (CVA) Passes Through 7% Yield Mark - August 10 at 11:57 PM logoCovanta Holding Corporation (NYSE:CVA) Insider Paul E. Stauder Sells 1,500 Shares - August 9 at 9:50 PM logoCovanta Holding Corporation (CVA) Given Consensus Rating of "Hold" by Analysts - August 4 at 8:02 AM logoCovanta Holding Corp. :CVA-US: Earnings Analysis: Q2, 2017 By the Numbers : August 1, 2017 - August 1 at 6:23 PM logoCovanta Holding Corp. breached its 50 day moving average in a Bullish Manner : CVA-US : July 31, 2017 - July 31 at 10:36 PM logoDespite Risks, Covanta's Path To Improvement Has Become Clear - Benzinga - July 31 at 5:32 PM logoDespite Risks, Covanta's Path To Improvement Has Become Clear - July 31 at 12:21 PM logo Analysts Expect Covanta Holding Corporation (NYSE:CVA) Will Announce Quarterly Sales of $430.10 Million - July 31 at 9:41 AM logoSharps Compliance Corp (SMED) and Covanta Holding Corporation (CVA) Head to Head Review - July 30 at 12:20 AM logo$0.15 EPS Expected for Covanta Holding Corporation (CVA) This Quarter - July 29 at 7:21 AM logoEdited Transcript of CVA earnings conference call or presentation 28-Jul-17 12:30pm GMT - July 29 at 12:30 AM logoCovanta's (CVA) CEO Stephen Jones on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha - July 28 at 7:28 PM logoBullish Two Hundred Day Moving Average Cross - CVA - Nasdaq - July 28 at 7:28 PM



Covanta Holding Corp (CVA) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by Staff

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