CVSA · NYSE · Education & Training Services

Covista (CVSA)

Runs nursing, online graduate, medical, and veterinary schools for the U.S. healthcare workforce.

$124.00
vs last close−1.79 (−1.42%)
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Covista Inc.CVSA
Consumer Discretionary

Runs five accredited postsecondary institutions spanning nursing, online graduate education, medicine, and veterinary medicine. Earns tuition and fees through Chamberlain, Walden, and Medical and Veterinary segments, with most revenue tied to U.S. federal student aid and operations dependent on accreditation and regulatory approvals.

Operates five accredited postsecondary institutions. Chamberlain University offers nursing and health-professions programs through U.S. campuses and online delivery, while Walden University delivers online programs in healthcare, education, business, psychology, and social work. American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine provide medical and veterinary education centered on Caribbean campuses and clinical training networks.

Revenue comes chiefly from tuition and fees, with most funding ultimately tied to U.S. federal student-aid programs. Recent enrollment growth has spanned its operating segments; management is adding nursing-campus capacity and employer partnerships. Each institution's ability to enroll students and award credentials depends on accreditation, state authorization, program outcomes, and continued Title IV eligibility.

Company facts

CEOStephen W. Beard
ListedFeb 24, 2026
ExchangeNYSE
HeadquartersChicago, IL
CountryUnited States
Employees4,736
CIK0000730464
ISINUS00737L1035

Market cap$4.28B
EPS (ttm)$7.48
P/E (ttm)16.82
ROE17.8%
P/B2.96
P/S2.19
Dividend yieldDiv yield
Beta0.10vs XLY −0.22

Price target$157.50+25.2%Average of 2 analysts
ConsensusBuy1 of 2 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 3, 2026Truist SecuritiesDowngrade
Rating: Buy
Rating: Hold
Aug 7, 2026BarringtonTarget
Target:
Target: $175
May 11, 2026Truist FinancialTarget
Target:
Target: $140

Next report
Oct 29, 26
in 37 days
EPS estimate
$1.83
Revenue estimate
$488.5M
Fiscal quarter
Q1 FY27

EPSReportedEstimate

Jan '25May '25Aug '25Oct '25Jan '26May '26Aug '26Oct '26
Reported$1.81$1.92$1.66$1.75$2.43$1.98$2.09Pending
Estimate$1.37$1.65$1.53$1.58$2.19$1.73$1.89$1.83
Surprise+32.1%+16.4%+8.5%+10.8%+11.0%+14.5%+10.6%

RevenueReportedEstimate

Jan '25May '25Aug '25Oct '25Jan '26May '26Aug '26Oct '26
Reported$447.7M$466.1M$457.1M$462.3M$503.4M$487.0M$501.4MPending
Estimate$429.2M$446.8M$440.9M$452.3M$488.7M$474.0M$486.6M$488.5M
Surprise+4.3%+4.3%+3.7%+2.2%+3.0%+2.7%+3.0%
Estimate$1.83
ReportedDue Oct 29, 2026
Estimate$488.5M
ReportedDue Oct 29, 2026
View details

Debt to equity62.60%
Current ratio109.30%

ProfitabilityRevenueNet incomeNet margin

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Revenue$417.4M$447.7M$466.1M$457.1M$462.3M$503.4M$487.0M$501.4M
Net income$46.2M$75.9M$60.8M$54.2M$61.8M$76.4M$41.6M$71.7M
Net margin11.1%16.9%13.1%11.9%13.4%15.2%8.5%14.3%

GrowthOperating income

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Operating income$70.2M$98.6M$90.5M$76.9M$85.5M$111.1M$92.2M$96.5M
YoY growth+149.1%+68.3%+46.6%+12.3%+21.7%+12.6%+1.9%+25.5%

Balance sheet, Jun 30, 2026Cash & short-term investments $406.3M · Total debt $905.5M · Total assets $3.01B · Shareholders' equity $1.45B

Revenue
$501.4M
Operating income
$96.5M
Net income
$71.7M
View details

No dividends on record.

Insiders2.34%796.8K shares
9 holders · as of Sep 1, 2026
Other97.66%33.23M shares
remainder

34.03M company shares as of Aug 22, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Stephen W. BeardInsiderofficer: Chairman & CEO
1.40%477,464filed Aug 25, 2026
Michael W. MalafronteInsiderdirector, other: Lead Independent Director
0.40%136,100filed Sep 1, 2026
Robert J. PhelanInsiderofficer: Chief Financial Officer
0.17%56,571filed Aug 25, 2026
Michael BetzInsiderofficer: Pres. Walden University & CDO
0.12%39,172filed Aug 25, 2026
Douglas G. BeckInsiderofficer: SVP, GC, Corp. Sec & ISS
0.10%33,394filed Aug 25, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 27, 2026Manjunath Gangadharanofficer: VP, Chief Accounting Officer−1,802$137.18
Aug 11, 2026Stephen W. Beardofficer: Chairman & CEO−3,545$130.35
Aug 7, 2026Douglas G. Beckofficer: SVP, GC, Corp. Sec & ISS−4,526$135.81
Aug 7, 2026Robert J. Phelanofficer: Chief Financial Officer−2,186$135.15
Jul 13, 2026Stephen W. Beardofficer: Chairman & CEO−5,291$132.75
View details

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