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

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$17.25 +0.35 (+2.07 %)
(As of 06/20/2018 04:00 PM ET)
Previous Close$17.25
Today's Range$16.80 - $17.30
52-Week Range$13.00 - $17.30
Volume843,752 shs
Average Volume833,177 shs
Market Capitalization$2.18 billion
P/E Ratio-46.62
Dividend Yield5.99%
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

Industry Electric, gas & sanitary services
Sub-IndustryEnvironmental & Facilities Services


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


Trailing P/E Ratio-46.62
Forward P/E Ratio431.25
P/E Growth25.69

Sales & Book Value

Annual Sales$1.75 billion
Price / Sales1.29
Cash Flow$1.3636 per share
Price / Cash12.65
Book Value$3.26 per share
Price / Book5.29


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

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. Stockholders 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 dividend yield of 5.80%. The ex-dividend date is Thursday, June 28th. View Covanta's Dividend History.

How were Covanta's earnings last quarter?

Covanta Holding Corp (NYSE:CVA) announced its quarterly earnings data on Thursday, April, 26th. The energy company reported ($0.09) earnings per share for the quarter, beating analysts' consensus estimates of ($0.21) by $0.12. The energy company earned $458 million during the quarter, compared to analysts' expectations of $431.30 million. Covanta had a net margin of 17.17% and a negative return on equity of 3.19%. Covanta's revenue was up 13.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.37) 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, July, 26th 2018. View Earnings Estimates for Covanta.

What price target have analysts set for CVA?

7 Wall Street analysts have issued 1-year price targets for Covanta's shares. Their predictions range from $15.00 to $20.00. On average, they anticipate Covanta's share price to reach $17.2857 in the next year. View Analyst Ratings for Covanta.

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?

Media coverage about CVA stock has trended somewhat positive recently, Accern reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Covanta earned a coverage optimism score of 0.07 on Accern's scale. They also assigned news coverage about the energy company an impact score of 46.90 out of 100, meaning 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 institutional and retail investors. Top institutional investors include Neuberger Berman Group LLC (2.68%), Levin Capital Strategies L.P. (2.66%), Thompson Siegel & Walmsley LLC (1.24%), Frontier Capital Management Co. LLC (0.95%), Suntrust Banks Inc. (0.33%) and California Public Employees Retirement System (0.24%). 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 major investors are selling Covanta stock?

CVA stock was sold by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Levin Capital Strategies L.P., California Public Employees Retirement System, Capital Management Associates NY, First Mercantile Trust Co., New York State Common Retirement Fund, Wellington Shields Capital Management LLC and Granite Springs Asset Management LLC. 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 major investors are buying Covanta stock?

CVA stock was acquired by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Van ECK Associates Corp, Thompson Siegel & Walmsley LLC, Suntrust Banks Inc., Aperio Group LLC, Quad Cities Investment Group LLC, Keeley Teton Advisors LLC and Marathon Capital Management. 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 $17.25.

How big of a company is Covanta?

Covanta has a market capitalization of $2.18 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 (CVA)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  288 (Vote Outperform)
Underperform Votes:  302 (Vote Underperform)
Total Votes:  590
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 6/20/2018 by MarketBeat.com Staff

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