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

Sign in or create an account to add this stock to your watchlist.
$17.62 -0.06 (-0.34 %)
(As of 05/22/2019 10:50 AM ET)
Previous Close$17.68
Today's Range$17.5450 - $17.68
52-Week Range$12.92 - $18.25
Volume52,413 shs
Average Volume748,013 shs
Market Capitalization$2.32 billion
P/E RatioN/A
Dividend Yield5.73%
Beta1.36
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, pharmaceutical and healthcare solutions, transportation and logistics, recycling, and depackaging. It owns and operates 44 EfW facilities; 16 waste transfer stations, 20 material processing facilities, 4 landfills, and 1 regional metals recycling facility. 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.

Receive CVA News and Ratings via Email

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

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$1.87 billion
Cash Flow$1.6047 per share
Book Value$3.45 per share

Profitability

Net Income$152 million

Miscellaneous

Employees4,000
Market Cap$2.32 billion
Next Earnings Date7/25/2019 (Estimated)
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 Friday, May 10th. Investors of record on Friday, June 28th will be given a dividend of $0.25 per share on Friday, July 12th. This represents a $1.00 annualized dividend and a yield of 5.68%. The ex-dividend date is Thursday, June 27th. View Covanta's Dividend History.

How were Covanta's earnings last quarter?

Covanta Holding Corp (NYSE:CVA) posted its quarterly earnings data on Thursday, April, 25th. The energy company reported $0.03 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.18) by $0.21. The energy company earned $453 million during the quarter, compared to analyst estimates of $453.72 million. Covanta had a negative net margin of 2.36% and a positive return on equity of 0.79%. Covanta's revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.09) 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 25th 2019. View Earnings Estimates for Covanta.

What price target have analysts set for CVA?

7 equities research analysts have issued 12 month price targets for Covanta's stock. Their predictions range from $16.00 to $19.00. On average, they anticipate Covanta's stock price to reach $17.50 in the next year. This suggests that the stock has a possible downside of 0.7%. View Analyst Price Targets for Covanta.

What is the consensus analysts' recommendation for Covanta?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Covanta in the last year. There are currently 3 hold ratings, 3 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?

News articles about CVA stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring 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 nearest to five being the most favorable. Covanta earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave media headlines about the energy company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future.

Who are some of Covanta's key competitors?

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), General Electric (GE), Intel (INTC), Micron Technology (MU), Ford Motor (F), Newell Brands (NWL), Cisco Systems (CSCO), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ) and Kroger (KR).

Who are Covanta's key executives?

Covanta's management team includes the folowing people:
  • Mr. Stephen J. Jones, Pres, CEO & Director (Age 58)
  • Mr. Bradford J. Helgeson, Exec. VP & CFO (Age 42)
  • Mr. Timothy J. Simpson, Exec. VP, Gen. Counsel & Sec. (Age 60)
  • Mr. Derek W. Veenhof, Exec. VP of Asset Management (Age 52)
  • Mr. Michael Joseph de Castro, Exec. VP of Supply Chain (Age 56)

Who are Covanta's major shareholders?

Covanta's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.84%), Dimensional Fund Advisors LP (2.94%), Neuberger Berman Group LLC (2.46%), Ceredex Value Advisors LLC (1.82%), Northern Trust Corp (1.17%) and Geode Capital Management LLC (1.05%). Company insiders that own Covanta stock include Castro Michael Joseph De, John Vincent Hickey, Matthew Mulcahy, Paul E Stauder, Robert Brian Murray, Ronald J Broglio, Stephen J Jones and Timothy Simpson. 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 Wellington Management Group LLP, Marshall Wace LLP, Goldman Sachs Group Inc., Deprince Race & Zollo Inc., Tortoise Advisors UK Ltd, First Trust Advisors LP, Adirondack Research & Management Inc. and Citigroup Inc.. Company insiders that have sold Covanta company stock in the last year include Matthew Mulcahy, Paul E Stauder, Ronald J Broglio and Timothy Simpson. View Insider Buying and Selling for Covanta.

Which institutional investors are buying Covanta stock?

CVA stock was acquired by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, Neuberger Berman Group LLC, BlackRock Inc., Geode Capital Management LLC, Raymond James Financial Services Advisors Inc., Charles Schwab Investment Management Inc., The Manufacturers Life Insurance Company and Alps Advisors Inc.. Company insiders that have bought Covanta stock in the last two years include Castro Michael Joseph De 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 $17.62.

How big of a company is Covanta?

Covanta has a market capitalization of $2.32 billion and generates $1.87 billion in revenue each year. The energy company earns $152 million in net income (profit) each year or ($0.10) on an earnings per share basis. Covanta employs 4,000 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:  365 (Vote Outperform)
Underperform Votes:  363 (Vote Underperform)
Total Votes:  728
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 5/22/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel