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

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$14.31 -0.29 (-1.99 %)
(As of 12/19/2018 02:32 AM ET)
Previous Close$14.60
Today's Range$14.29 - $14.84
52-Week Range$14.15 - $18.05
Volume992,800 shs
Average Volume754,242 shs
Market Capitalization$2.04 billion
P/E Ratio-38.68
Dividend Yield6.41%
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

Stock Exchange NYSE
Industry Electric, gas & sanitary services
Sub-IndustryEnvironmental & Facilities Services
Current SymbolNYSE:CVA
Previous Symbol


Debt-to-Equity Ratio4.87
Current Ratio1.20
Quick Ratio1.20


Trailing P/E Ratio-38.68
Forward P/E Ratio-1,431.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.75 billion
Price / Sales1.07
Cash Flow$1.2117 per share
Price / Cash Flow11.81
Book Value$3.26 per share
Price / Book4.39


EPS (Most Recent Fiscal Year)($0.37)
Net Income$57 million
Net Margins14.71%
Return on Equity-1.30%
Return on Assets-0.17%


Outstanding Shares131,050,000
Market Cap$2.04 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, December 6th. Shareholders 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 6.99%. 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) released its quarterly earnings results on Thursday, October, 25th. The energy company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by $0.11. The energy company had revenue of $456 million for the quarter, compared to analyst estimates 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 28th 2019. View Earnings Estimates for Covanta.

What price target have analysts set for CVA?

6 brokers have issued twelve-month price objectives for Covanta's stock. Their predictions range from $15.00 to $20.00. On average, they anticipate Covanta's share price to reach $17.3333 in the next year. This suggests a possible upside of 21.1% from the stock's current price. View Analyst Price Targets 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 3 hold ratings, 2 buy ratings 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?

Press coverage about CVA stock has trended somewhat positive recently, according to InfoTrie. The research group ranks the sentiment of news coverage by reviewing 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 coverage optimism score of 1.3 on InfoTrie's scale. They also gave media coverage about the energy company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days.

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 shareholders include Vanguard Group Inc. (8.38%), Vanguard Group Inc (8.38%), BlackRock Inc. (7.31%), Fuller & Thaler Asset Management Inc. (5.79%), Dimensional Fund Advisors LP (3.06%) and Neuberger Berman Group LLC (2.59%). Company insiders that own Covanta stock include 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 Ceredex Value Advisors LLC, Levin Capital Strategies L.P., Massachusetts Financial Services Co. MA, Thompson Siegel & Walmsley LLC, BlackRock Inc., Deprince Race & Zollo Inc., Wells Fargo & Company MN and Fuller & Thaler Asset Management Inc.. 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 Chicago Equity Partners LLC, Morgan Stanley, Hussman Strategic Advisors Inc., Canada Pension Plan Investment Board, Daiwa SB Investments Ltd., Deutsche Bank AG, Vanguard Group Inc and Vanguard Group Inc.. Company insiders that have bought Covanta stock in the last two years include 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 $14.31.

How big of a company is Covanta?

Covanta has a market capitalization of $2.04 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:  341 (Vote Outperform)
Underperform Votes:  342 (Vote Underperform)
Total Votes:  683
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 12/19/2018 by MarketBeat.com Staff

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