CVA - Covanta Holding Corporation

NYSE - NYSE Delayed Price. Currency in USD
14.69
-0.20 (-1.34%)
At close: 4:02PM EST
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Previous Close14.89
Open14.91
Bid14.65 x 1100
Ask14.66 x 800
Day's Range14.60 - 14.93
52 Week Range12.92 - 18.38
Volume581,709
Avg. Volume895,430
Market Cap1.9B
Beta (5Y Monthly)1.26
PE Ratio (TTM)367.25
EPS (TTM)0.04
Earnings DateFeb 12, 2020 - Feb 17, 2020
Forward Dividend & Yield1.00 (6.72%)
Ex-Dividend Date2019-09-26
1y Target Est17.50
  • Hedge Funds Are Selling Covanta Holding Corporation (CVA)
    Insider Monkey

    Hedge Funds Are Selling Covanta Holding Corporation (CVA)

    We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]

  • Covanta Holding Corporation Signs Concession Agreement to Build New Energy-from-Waste Facility in Zhao County, China
    PR Newswire

    Covanta Holding Corporation Signs Concession Agreement to Build New Energy-from-Waste Facility in Zhao County, China

    Covanta Holding Corporation (NYSE: CVA) ("Covanta" or the "Company"), a world leader in sustainable waste and energy solutions, today announced the signing of a concession agreement with Zhao County, China for the construction and operation of a new Energy-from-Waste ("EfW") facility. The facility will provide a sustainable waste solution to the county and nearby jurisdictions. The project is being developed jointly by Covanta and a strategic local partner.

  • Is Covanta Holding Corporation's (NYSE:CVA) CEO Overpaid Relative To Its Peers?
    Simply Wall St.

    Is Covanta Holding Corporation's (NYSE:CVA) CEO Overpaid Relative To Its Peers?

    In 2015 Steve Jones was appointed CEO of Covanta Holding Corporation (NYSE:CVA). This analysis aims first to contrast...

  • Covanta Holding Corporation Initiates Trade Receivable Securitization Program
    PR Newswire

    Covanta Holding Corporation Initiates Trade Receivable Securitization Program

    Covanta Holding Corporation (NYSE: CVA) ("Covanta" or the "Company"), a world leader in sustainable waste management and renewable energy, today announced that its subsidiary, Covanta Energy, LLC, has entered into a $100 million trade receivable securitization program. The program enables Covanta to raise incremental, low cost funding by selling certain receivables on a revolving basis to third-party financial institutions. The sales of receivables under the program are expected to be accounted for as cash flow from operations under US GAAP.

  • PR Newswire

    Covanta Selected as 2019 Corporate Social Responsibility Finalist

    Covanta (NYSE: CVA), a world leader in sustainable waste and energy solutions, has been selected as a finalist for the 21st annual S&P; Global Platts Global Energy Awards in its Corporate Social Responsibility category, specifically recognizing its Prescription for Safety Program (Rx4Safety). Established in 1999, the awards highlight corporate and individual innovation, leadership and superior performance in the energy industry. The 2019 finalists represent companies from 37 countries.

  • 4 Small-Cap, Big-Dividend Stocks
    InvestorPlace

    4 Small-Cap, Big-Dividend Stocks

    One of the bigger challenges for investors in the U.S. stock market is the increased concentration of larger stocks into many leading and widely followed indexes. And those indexes, in turn, have become the underlying basis for bigger exchange-traded funds (ETFs). The impact of this is that a handful of large-capitalized stocks drives the stock market, and conversely, the stock market can drive individual stock prices of those large cap companies.This can be a good thing in the near term. If the market is rising, even companies with questionable fundamentals can be lifted up. But that size can be a double-edged sword for a portfolio, as large-cap stocks can be sold off just as easily in a downward wave.One of my favored ways to build and run a stock portfolio is to have a collection of smaller companies which don't plug into major indexes and ETFs. They are, in turn, less market sensitive during downturns. And further, by focusing on smaller companies which pay bigger dividends, I get lots of cash coming into the portfolio.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd if the dividends are indeed very large, I don't necessarily care if the market ever finds them. After all, I get to keep buying the stock at lower prices until they get discovered. * 7 Strong Buy Stocks That Are Bargains Right Now Here are four stocks that I'll share with you that are not well-followed and pay ample dividends -- with the understanding that you'll keep them to yourself. Small-Cap Dividend Stocks: Compass Diversified Holdings (CODI)Dividend Yield: 6.5%Compass Diversified Holdings (NYSE:CODI) is set up under the Investment Companies Act of 1940, which provides for the company to be listed on the exchanges as an investment holding company. And as a holding company, it is not subject to corporate income taxes. That means there is all the more cash to feed nice dividends for its shareholders.As a holding company, it is run much like a private equity company. It buys small-to-midsize operating companies and works with management to improve revenues and control costs and build up value. And at some point, it will sell the companies, take the profits and redeploy the proceeds into new investments in other companies.It might also be compared to the much larger Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B), at least in its early days when Warren Buffett used to focus on smaller companies with lots of cashflows.Compass focuses on two major areas of companies in its investments -- consumer goods and industrial goods and services. In turn, each of the companies in either area have very strong brands for quality and desirability.The shares have returned over 100% in just the past five years alone.Source: Chart Courtesy of Bloomberg Compass Diversified Total Return Source BloombergThis return is a combination of price appreciation and the ample dividends. The dividend distributions paid quarterly are currently running at 36 cents per share for a yield of 6.5%.The company has revenues which, for the trailing year, are up 33.2%. And with nice margins, the return on equity is a whopping 43.8% and the return on the company's capital is an also impressive 18.6%. And it has lots of cash on hand and debts that are modest at 46.5% of assets.But despite the great numbers and the great stock performance, it is still a bargain. The stock is valued at a discount of 20% of trailing sales. Covanta Holding (CVA)Dividend Yield: 6.9%Covanta Holding Corporation (NYSE:CVA) is a big problem solver for the economy and society. In the U.S., we continue to generate piles of trash, from shopping bags to Amazon (NASDAQ:AMZN) delivery boxes and everything in between. And while many like the concept of recycling, it doesn't work very well. Back in 2018, China banned the import of recycling materials. As the largest sorter of trash for recycling, that meant that recycling went from being a low-cost, sometimes profitable venture to a higher-cost, not-going-to-happen process. Hundreds of municipalities around the U.S. have canceled recycling, sending more trash to landfills.Covanta, under municipal contracts, collects or accepts trash and former recycling and incinerates it into green energy. It then sells that energy back to municipalities and the wholesale power market. And the metals which are left in the cinders are also sold off for additional cash.Source: Chart Courtesy of Bloomberg Covanta Holding Total Return Source BloombergThe company's stock has delivered a return of 43.5% over the past 10 years, including a nice dividend. The dividend distribution is currently running at 25 cents per share for a yield of 6.9%. * 7 Excellent Bank Stocks Worth an Investment Revenues are continuing to rise, with the trailing year seeing gains of 6.6%. Running much like a nice predictable utility, its operating margins are okay at 3.4%. That in turn feeds a modest return on the company's overall capital of 3.9%. It has ample cash on hand for liabilities and its debt level is manageable at 64.9%. But the company is working to decrease its debts and has newer investments by and co-ops with some major global infrastructure investment companies including from Macquarie (OTCMKTS:MQBKY).And the stock of the company is particularly cheap compared to traditional utilities, as it is valued flat to trailing sales. Hercules Capital (HTGC)Dividend Yield: 9.2%Hercules Capital (NYSE:HTGC) is also set up under the Investment Companies Act of 1940 as a holding company, as well as the Small Business Investment Incentives Act of 1980. As such its corporate income taxes are limited for more cash for dividends.Hercules is what I refer to as an alt-financial company. It provides loans and financing to companies much like a commercial bank used to -- but with substantially less regulatory costs and challenges. And unlike a traditional commercial bank, it also can and will take equity stakes in the companies which it finances. That makes it more like merchant banks of old.In addition, it also provides guidance to its financed companies and other assistance so that it also acts much like a venture capital investor.Based in Palo Alto, California -- the tech mecca for U.S. innovations -- Hercules' sole focus is technology companies. It goes around finding great innovative companies at various stages and then works with them to come to an eventual exit strategy either in an IPO or a takeover. And its past and current deals are a who's who of bold-faced tech namesSource: Chart Courtesy of Bloomberg Hercules Capital Total Return Source BloombergThe shares have returned 242.4% over the past decade including the ample dividend. The dividend distribution is currently running at 32 cents per share for a yield of 9.2%. But throughout last year and this year - it has regularly been paying regular additional dividend distributions for an annual yield of 9.53%.Revenue is up 8.80% over the trailing year. And the company has a very high net interest margin (NIM) of 9.40% meaning that it has a wide margin between its funding costs and its interest earned from its financing tech companies. And it works well in its operations with an efficiency ratio of 52.50% which measures how much it costs as a percentage of each dollar earned. This level compares well against commercial banks.Debts are reasonable at only 49.5% of assets and access to capital is good -- as further evidenced by the NIM.And despite the stock performance and the good dividend, the stock is only valued at 1.35 times its very impressive book of business. TPG Specialty Lending (TSLX)Dividend Yield: 7.2%TPG Specialty Lending (NYSE:TSLX) is a non-traditional financial which makes loans to companies and other entities, much like traditional bank. But unlike traditional banks, alt-financials have much less regulatory challenges and costs so that margins are better, and they continue to grab more and more business away from their competitors in banking.TPG is part of was called Texas Pacific Group a leading private equity company which gives it a great deal of reach for clients as well as eased access to credit.TPG Specialty Lending makes loans and other financial investments in middle-market companies primarily located in the US. So, they are at the core of what banks used to dominate. And they do it all very well.Revenues are up over the trailing year by 24.2%, and it earns those numbers very efficiently. Its net interest margin, which measures its cost of funds against its interest earning loans, is multiple times of the average for U.S. banks at 10.2%.And with less regulatory burden, it can operate on the cheap. Its efficiency ratio, which measures how many cents it costs to earn a dollar, is a fantastic 31.5%. That means it costs only 31.5 cents for each dollar earned. This is half as much or more than what it costs regular banks.This delivers a return on equity of 12.00% and a return on assets of 6.40% - again much better than traditional banks.And since it is set up under the Small Business Investment Incentive Act of 1980, it avoids most Federal income taxes, making for more cash for dividend income. And that income is ample, with the standard dividend yielding 7.2%. But it gets even better, because the company regularly pays special dividends on an ongoing basis throughout the year -- so the current 12-month dividend yield actually is running at 8.21%.Source: Chart Courtesy of Bloomberg TPG Specialty LendingBut if you think that the stock might be expensive as it has returned 26.24% year to date - it is not. As the stock is only valued at a meager 1.30 times its book value of loan and other assets making it a bargain compared to reasonably performing traditional banks. * 5 Lottery Stocks With Huge Upside -- And a Real Chance of $0 Now, that I have shared a handful of some of my favored small cap stocks with bigger dividends, perhaps you might take a look at my Profitable Investing at www.pofitableinvesting.investorplace.com.In addition, you can also sign up for my free weekly ezine -- the Income Investors Digest.And for a series of income ideas - take a look at my recently published book, Income for Life which covers sixty-five income streams in nearly 400 pages that anyone can get. And I've written them all up in a simple and engaging way that are easy to understand and follow.For more information on my book, Income for Life click here. As noted, it is nearly 400 pages of income producing investment strategies for all weather economic conditions as well as additional income producing ideas that anyone can use successfully.Neil George was once an all-star bond trader, but now he works morning and night to steer readers away from traps -- and into safe, top-performing income investments. Neil's new income program is a cash-generating machine…one that can help you collect $208 every day the market's open. Neil does not have any holdings in the securities mentioned above. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Sickly Healthcare Stocks to Avoid * 5 Lottery Stocks With Huge Upside -- And a Real Chance of $0 * 7 Top Stocks to Buy for 2020 The post 4 Small-Cap, Big-Dividend Stocks appeared first on InvestorPlace.

  • Covanta Holding's Focus on Fleet Optimization Bodes Well
    Zacks

    Covanta Holding's Focus on Fleet Optimization Bodes Well

    Covanta Holding (CVA) is well poised to gain from its Energy-from-Waste projects.

  • Is Now The Time To Look At Buying Covanta Holding Corporation (NYSE:CVA)?
    Simply Wall St.

    Is Now The Time To Look At Buying Covanta Holding Corporation (NYSE:CVA)?

    Covanta Holding Corporation (NYSE:CVA), which is in the commercial services business, and is based in United States...

  • Covanta Holding Corporation to Attend Institutional Investor Conferences in November and December
    PR Newswire

    Covanta Holding Corporation to Attend Institutional Investor Conferences in November and December

    MORRISTOWN, N.J. , Nov. 7, 2019 /PRNewswire/ -- Covanta Holding Corporation (NYSE: CVA) ("Covanta" or the "Company"), a world leader in sustainable waste management and renewable energy, ...

  • Evergy's (EVRG) Q3 Earnings Miss Estimates, Sales Down Y/Y
    Zacks

    Evergy's (EVRG) Q3 Earnings Miss Estimates, Sales Down Y/Y

    Evergy's (EVRG) Q3 earnings improve year over year on higher margins and new retail rates.

  • Moody's

    Covanta Holding Corporation -- Moody's announces completion of a periodic review of ratings of Covanta Holding Corporation

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Covanta Holding Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Benzinga

    Cramer Gives His Take On Slack, CME Group And More

    On CNBC's "Mad Money Lightning Round," Jim Cramer said Xilinx, Inc. (NASDAQ: XLNX ) has too much exposure to China. Cramer advised a viewer with a long position in Occidental Petroleum Corporation ...

  • Thomson Reuters StreetEvents

    Edited Transcript of CVA earnings conference call or presentation 25-Oct-19 12:30pm GMT

    Q3 2019 Covanta Holding Corp Earnings Call

  • Does It Make Sense To Buy Covanta Holding Corporation (NYSE:CVA) For Its Yield?
    Simply Wall St.

    Does It Make Sense To Buy Covanta Holding Corporation (NYSE:CVA) For Its Yield?

    Could Covanta Holding Corporation (NYSE:CVA) be an attractive dividend share to own for the long haul? Investors are...

  • Covanta Holding (CVA) Q3 Earnings Beat Estimates, Up Y/Y
    Zacks

    Covanta Holding (CVA) Q3 Earnings Beat Estimates, Up Y/Y

    Solid performance in the waste market boosts Covanta Holding's (CVA) third-quarter 2019 results.

  • Covanta (CVA) Q3 Earnings and Revenues Surpass Estimates
    Zacks

    Covanta (CVA) Q3 Earnings and Revenues Surpass Estimates

    Covanta (CVA) delivered earnings and revenue surprises of 150.00% and 0.04%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Covanta Holding Corporation Reports 2019 Third Quarter Results And Affirms Guidance
    PR Newswire

    Covanta Holding Corporation Reports 2019 Third Quarter Results And Affirms Guidance

    MORRISTOWN, N.J. , Oct. 24, 2019 /PRNewswire/ -- Covanta Holding Corporation (NYSE: CVA) ("Covanta" or the "Company"), a world leader in sustainable waste and energy solutions, reported ...

  • Will Covanta Holding Corporation (CVA) Burn These Hedge Funds ?
    Insider Monkey

    Will Covanta Holding Corporation (CVA) Burn These Hedge Funds ?

    The financial regulations require hedge funds and wealthy investors that crossed the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]

  • Covanta (CVA) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
    Zacks

    Covanta (CVA) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

    Covanta (CVA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Covanta Holding Corporation (NYSE:CVA) Insiders Have Been Selling
    Simply Wall St.

    Covanta Holding Corporation (NYSE:CVA) Insiders Have Been Selling

    We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...

  • Covanta Holding Corporation Third Quarter 2019 Earnings Conference Call To Be Held On October 25, 2019
    PR Newswire

    Covanta Holding Corporation Third Quarter 2019 Earnings Conference Call To Be Held On October 25, 2019

    MORRISTOWN, N.J., Oct. 11, 2019 /PRNewswire/ -- Covanta Holding Corporation (CVA) ("Covanta" or the "Company") will host a conference call at 8:30 AM (Eastern) on Friday, October 25, 2019 to discuss its third quarter results. A press release reporting Covanta's third quarter results will be issued after the market closes on October 24, 2019 and will also be available in the Investor Relations section of the Company's website. The conference call will begin with prepared remarks, which will be followed by a question and answer session.

  • Don't Race Out To Buy Covanta Holding Corporation (NYSE:CVA) Just Because It's Going Ex-Dividend
    Simply Wall St.

    Don't Race Out To Buy Covanta Holding Corporation (NYSE:CVA) Just Because It's Going Ex-Dividend

    Covanta Holding Corporation (NYSE:CVA) is about to trade ex-dividend in the next 3 days. Ex-dividend means that...

  • Covanta Declares Regular Quarterly Cash Dividend
    PR Newswire

    Covanta Declares Regular Quarterly Cash Dividend

    Dividend Payment Set at $0.25 per Share MORRISTOWN, N.J. , Sept. 18, 2019 /PRNewswire/ --   Covanta Holding Corporation (NYSE: CVA) ("Covanta") today announced that the Board of Directors has ...

  • Covanta Hempstead Celebrates 30 Years of Service to the Community
    PR Newswire

    Covanta Hempstead Celebrates 30 Years of Service to the Community

    WESTBURY, N.Y., Sept. 18, 2019 /PRNewswire/ -- Covanta Hempstead, Long Island's largest Energy-from-Waste facility, is celebrating 30 years of service to the community. Opened in 1989, the facility is a vital outlet for sustainably managing the waste generated by residents of the Town of Hempstead and other neighboring municipalities. "When it comes to the environment and building a more sustainable future, we at Covanta are deeply committed to protecting tomorrow," said Derek Veenhof, Covanta's executive vice president, Asset Management.

  • Covanta Holding (NYSE:CVA) Seems To Be Using An Awful Lot Of Debt
    Simply Wall St.

    Covanta Holding (NYSE:CVA) Seems To Be Using An Awful Lot Of Debt

    Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...