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
NYSE:CVA

Covanta Stock Forecast, Price & News

$20.26
0.00 (0.00%)
(As of 11/30/2021 12:00 AM ET)
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Today's Range
$20.26
$20.26
50-Day Range
$20.05
$20.26
52-Week Range
$12.23
$20.26
Volume
N/A
Average Volume
993,652 shs
Market Capitalization
$2.69 billion
P/E Ratio
112.56
Dividend Yield
1.58%
Beta
1.33
30 days | 90 days | 365 days | Advanced Chart
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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.

Headlines

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

Industry
Electric, gas & sanitary services
Sub-Industry
Environmental & Facilities Services
CUSIP
22282E10
Employees
4,000
Year Founded
N/A

Sales & Book Value

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

Profitability

Net Income
$-28 million
Pretax Margin
0.84%

Debt

Price-To-Earnings

Miscellaneous

Free Float
118,511,000
Market Cap
$2.69 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
10/06/2021
Dividend Payable
10/15/2021
Last Earnings
10/28/2021
Today
12/01/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/17/2022

MarketRank

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

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