S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82

Covanta Stock Forecast, Price & News

0.00 (0.00%)
(As of 11/30/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Average Volume
993,652 shs
Market Capitalization
$2.69 billion
P/E Ratio
Dividend Yield
30 days | 90 days | 365 days | Advanced Chart
Receive CVA News and Ratings via Email

Sign-up to receive the latest news and ratings for Covanta and its competitors with MarketBeat's FREE daily newsletter.

Covanta logo

About Covanta

Covanta Holding Corp. engages in the operation and ownership of infrastructure for the conversion of waste to energy, related waste transport and disposal, and other renewable energy production businesses. It operates large-scale energy-from-waste and renewable energy projects. The company was founded on April 16, 1992 and is headquartered in Morristown, NJ.


Covanta (NYSE:CVA) Reaches New 1-Year High at $20.26
November 30, 2021 |  americanbankingnews.com
Covanta (NYSE:CVA) Reaches New 1-Year High at $20.25
November 24, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Electric, gas & sanitary services
Environmental & Facilities Services
Year Founded

Sales & Book Value

Annual Sales
$1.90 billion
Cash Flow
$1.52 per share
Book Value
$2.35 per share


Net Income
$-28 million
Pretax Margin




Free Float
Market Cap
$2.69 billion

Company Calendar

Dividend Payable
Last Earnings
Fiscal Year End
Next Earnings (Estimated)


Overall MarketRank

2.15 out of 5 stars

Oils/Energy Sector

132nd out of 353 stocks

Electric, Gas & Sanitary Services Industry

4th out of 4 stocks

Analyst Opinion: 1.1Community Rank: 4.4Dividend Strength: 0.8Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -

Covanta (NYSE:CVA) Frequently Asked Questions

Is Covanta a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Covanta in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Covanta stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CVA, but not buy additional shares or sell existing shares.
View analyst ratings for Covanta
or view top-rated stocks.

How has Covanta's stock been impacted by Coronavirus (COVID-19)?

Covanta's stock was trading at $10.95 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CVA stock has increased by 85.0% and is now trading at $20.26.
View which stocks have been most impacted by COVID-19

When is Covanta's next earnings date?

Covanta is scheduled to release its next quarterly earnings announcement on Thursday, February 17th 2022.
View our earnings forecast for Covanta

How were Covanta's earnings last quarter?

Covanta Holding Co. (NYSE:CVA) announced its quarterly earnings data on Thursday, October, 28th. The energy company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.18 by $0.04. The energy company earned $539 million during the quarter, compared to analyst estimates of $517 million. Covanta had a trailing twelve-month return on equity of 9.29% and a net margin of 1.23%. The firm's quarterly revenue was up 9.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.04 EPS.
View Covanta's earnings history

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

Covanta declared a quarterly dividend on Thursday, September 23rd. Stockholders of record on Thursday, October 7th will be given a dividend of $0.08 per share on Friday, October 15th. This represents a $0.32 annualized dividend and a yield of 1.58%. The ex-dividend date is Wednesday, October 6th.
View Covanta's dividend history

Is Covanta a good dividend stock?

Covanta pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.58%. Covanta does not yet have a strong track record of dividend growth. The dividend payout ratio of Covanta is 177.78%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Covanta will have a dividend payout ratio of 128.00% in the coming year. This indicates that Covanta may not be able to sustain their current dividend.
View Covanta's dividend history.

What price target have analysts set for CVA?

4 analysts have issued 12 month price objectives for Covanta's stock. Their forecasts range from $16.00 to $20.25. On average, they anticipate Covanta's share price to reach $18.83 in the next twelve months. This suggests that the stock has a possible downside of 7.0%.
View analysts' price targets for Covanta
or view top-rated stocks among Wall Street analysts.

Who are Covanta's key executives?

Covanta's management team includes the following people:
  • Michael W. Ranger, President, Chief Executive Officer & Director
  • Derek W. Veenhof, Chief Operating Officer & Executive Vice President
  • Bradford J. Helgeson, Chief Financial Officer & Executive Vice President
  • Timothy John Simpson, Chief Administrative Officer & Executive VP
  • Thomas L. Kenyon, Secretary, Executive VP & General Counsel

What is Steve Jones' approval rating as Covanta's CEO?

54 employees have rated Covanta CEO Steve Jones on Glassdoor.com. Steve Jones has an approval rating of 92% among Covanta's employees. This puts Steve Jones in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Covanta own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Covanta investors own include AT&T (T), Ford Motor (F), Enterprise Products Partners (EPD), Intel (INTC), CVS Health (CVS), International Business Machines (IBM), Cisco Systems (CSCO), Verizon Communications (VZ), General Electric (GE) and Johnson & Johnson (JNJ).

What is Covanta's stock symbol?

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

Who are Covanta's major shareholders?

Covanta's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.82%), Glazer Capital LLC (2.66%), Alpine Associates Management Inc. (2.47%), Dimensional Fund Advisors LP (2.31%), FIL Ltd (2.14%) and Omni Partners US LLC (2.12%). Company insiders that own Covanta stock include Paul E Stauder, Robert S Silberman and Ronald J Broglio.
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 Fuller & Thaler Asset Management Inc., Bank of New York Mellon Corp, Neuberger Berman Group LLC, Arosa Capital Management LP, Kayne Anderson Capital Advisors LP, Raymond James Financial Services Advisors Inc., Raymond James & Associates, and Peregrine Capital Management LLC.
View insider buying and selling activity for Covanta
or view top insider-selling stocks.

Which institutional investors are buying Covanta stock?

CVA stock was acquired by a variety of institutional investors in the last quarter, including Glazer Capital LLC, Alpine Associates Management Inc., FIL Ltd, Omni Partners US LLC, Water Island Capital LLC, CNH Partners LLC, Bardin Hill Management Partners LP, and Balyasny Asset Management LLC.
View insider buying and selling activity for Covanta
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Covanta's stock price today?

One share of CVA stock can currently be purchased for approximately $20.26.

How much money does Covanta make?

Covanta has a market capitalization of $2.69 billion and generates $1.90 billion in revenue each year. The energy company earns $-28 million in net income (profit) each year or $0.18 on an earnings per share basis.

How many employees does Covanta have?

Covanta employs 4,000 workers across the globe.

What is Covanta's official website?

The official website for Covanta is www.covanta.com.

Where are Covanta's headquarters?

Covanta is headquartered at 445 South Street, Morristown NJ, 07960.

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, via email at [email protected], or via fax at 973-882-7076.

This page was last updated on 12/1/2021 by MarketBeat.com Staff


Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.