Covanta Stock Price, News & Analysis (NYSE:CVA)

$17.84
+0.29 (+1.65 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$17.54
Now: $17.84
$17.91
50-Day Range
$16.2850
MA: $16.99
$17.74
52-Week Range
$12.92
Now: $17.84
$18.38
Volume1.50 million shs
Average Volume506,671 shs
Market Capitalization$2.34 billion
P/E RatioN/A
Dividend Yield5.72%
Beta1.31
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. Read More…

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$1.6352 per share
Book Value$3.72 per share

Profitability

Net Income$152 million

Miscellaneous

Employees4,000
Market Cap$2.34 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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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 Wednesday, September 18th. Stockholders of record on Friday, September 27th will be given a dividend of $0.25 per share on Friday, October 4th. This represents a $1.00 annualized dividend and a dividend yield of 5.61%. The ex-dividend date is Thursday, September 26th. View Covanta's Dividend History.

How were Covanta's earnings last quarter?

Covanta Holding Corp (NYSE:CVA) issued its quarterly earnings data on Thursday, July, 25th. The energy company reported ($0.16) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.09) by $0.07. The energy company had revenue of $467 million for the quarter, compared to analysts' expectations of $467.05 million. Covanta had a negative net margin of 1.81% and a negative return on equity of 3.22%. Covanta's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period last year, the company earned ($0.01) earnings per share. View Covanta's Earnings History.

When is Covanta's next earnings date?

Covanta is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Covanta.

What price target have analysts set for CVA?

6 analysts have issued 12-month target prices for Covanta's shares. Their forecasts range from $16.00 to $19.00. On average, they anticipate Covanta's share price to reach $17.60 in the next twelve months. This suggests that the stock has a possible downside of 1.3%. 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 2 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 coverage about CVA stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Covanta earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave news stories about the energy company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Covanta.

Are investors shorting Covanta?

Covanta saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 4,375,800 shares, an increase of 11.1% from the July 31st total of 3,937,100 shares. Based on an average daily volume of 630,800 shares, the short-interest ratio is currently 6.9 days. Approximately 3.4% of the shares of the stock are sold short. View Covanta's Current Options Chain.

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), Verizon Communications (VZ), Micron Technology (MU), Enterprise Products Partners (EPD), Newell Brands (NWL), Cisco Systems (CSCO), Ford Motor (F) and Kinder Morgan (KMI).

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 a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.62%), BlackRock Inc. (6.99%), Bank of New York Mellon Corp (4.23%), GW&K Investment Management LLC (1.68%), Northern Trust Corp (1.18%) and Canada Pension Plan Investment Board (1.18%). Company insiders that own Covanta stock include Castro Michael Joseph De, John Vincent Hickey, Linda J Fisher, Matthew Mulcahy, Paul E Stauder, Robert Brian Murray, Ronald J Broglio, Stephen J Jones and Timothy Simpson. 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 Bank of America Corp DE, Canada Pension Plan Investment Board, Chicago Equity Partners LLC, Morgan Stanley, Deprince Race & Zollo Inc., GW&K Investment Management LLC, Charles Schwab Investment Management Inc. and GSA Capital Partners LLP. Company insiders that have sold Covanta company stock in the last year include Castro Michael Joseph De, Linda J Fisher, Matthew Mulcahy, Paul E Stauder, Ronald J Broglio and Timothy Simpson. 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 Renaissance Technologies LLC, Tortoise Capital Advisors L.L.C., Keeley Teton Advisors LLC, Vanguard Group Inc., BlackRock Inc., Alps Advisors Inc., Amundi Pioneer Asset Management Inc. and Bank of New York Mellon Corp. 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, Robinhood, Fidelity and Charles Schwab.

What is Covanta's stock price today?

One share of CVA stock can currently be purchased for approximately $17.84.

How big of a company is Covanta?

Covanta has a market capitalization of $2.34 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.View Additional Information About Covanta.

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:  380 (Vote Outperform)
Underperform Votes:  381 (Vote Underperform)
Total Votes:  761
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 9/21/2019 by MarketBeat.com Staff

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