Go Pro
NYSE:CVLG

Covenant Logistics Group (CVLG) Stock Price, News & Analysis

Covenant Logistics Group logo
$32.56 -0.60 (-1.81%)
As of 09/25/2026 03:57 PM Eastern

About Covenant Logistics Group Stock (NYSE:CVLG)

Advanced

Key Stats

Today's Range
$32.17
▼
$33.21
50-Day Range
$32.56
▼
$49.79
52-Week Range
$18.00
▼
$49.88
Volume
176,076 shs
Average Volume
224,621 shs
Market Capitalization
$826.37 million
P/E Ratio
296.03
Dividend Yield
0.86%
Price Target
$51.80
Consensus Rating
Moderate Buy

Company Overview

Covenant Logistics Group, Inc. is a transportation and logistics company headquartered in Chattanooga, Tennessee. The company provides freight transportation, supply chain management and related services primarily throughout the United States, serving manufacturers, retailers, distributors and other commercial customers.

Its operations include dedicated and expedited truckload transportation, refrigerated and dry-van freight services, freight brokerage, warehousing and distribution, and transportation management. Covenant also offers logistics solutions designed to coordinate transportation, storage and delivery activities across customers’ supply chains.

Founded in 1986 as Covenant Transport, the company expanded its service offerings through organic growth and acquisitions and adopted the Covenant Logistics Group name in 2022. The company’s leadership includes President and Chief Executive Officer Paul B. Martin and Executive Chairman David R. Parker.

AI Generated. May Contain Errors.

Covenant Logistics Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
64th Percentile Overall Score

CVLG MarketRank™: 

Covenant Logistics Group scored higher than 64% of companies evaluated by MarketBeat, and ranked 369th out of 671 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Covenant Logistics Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 1 strong buy rating, 4 buy ratings, 1 hold rating, and 1 sell rating.

  • Upside Potential

    Covenant Logistics Group has a consensus price target of $51.80, representing about 59.1% upside from its current price of $32.56.

  • Amount of Analyst Coverage

    Covenant Logistics Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Covenant Logistics Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Covenant Logistics Group are expected to grow by 50.00% in the coming year, from $1.60 to $2.40 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Covenant Logistics Group is 296.03, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.65.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Covenant Logistics Group is 296.03, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 25.32.

  • Price to Book Value per Share Ratio

    Covenant Logistics Group has a P/B Ratio of 2.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    7.99% of the float of Covenant Logistics Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Covenant Logistics Group has a short interest ratio ("days to cover") of 4.74.
  • Change versus previous month

    Short interest in Covenant Logistics Group has recently increased by 12.80%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Covenant Logistics Group has a dividend yield of 0.86%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Covenant Logistics Group has only been increasing its dividend for 1 years.

  • Dividend Coverage

    The dividend payout ratio of Covenant Logistics Group is 254.55%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Covenant Logistics Group will have a dividend payout ratio of 11.67% next year. This indicates that Covenant Logistics Group will be able to sustain or increase its dividend.

  • Read more about Covenant Logistics Group's dividend.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Covenant Logistics Group this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Covenant Logistics Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    36.70% of the stock of Covenant Logistics Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    83.72% of the stock of Covenant Logistics Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Covenant Logistics Group's insider trading history.
Receive CVLG Stock News and Ratings via Email

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

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

CVLG Stock News Headlines

Comparing Covenant Logistics Group (NYSE:CVLG) & Uber Technologies (NYSE:UBER)
Here’s the stock symbol I’ve promised
Whitney Tilson of Stansberry Research has long recommended Berkshire Hathaway as a core retirement holding - but now he believes he's found something better. This under-the-radar company sits at the intersection of America's two most important industries, including AI, pays massive dividends, and attracted a famous money manager who put 60% of his multi-billion-dollar fund into it. Tilson is revealing the name and ticker symbol completely free - no credit card or email required.tc pixel
Covenant Logistics Group Announces Quarterly Cash Dividend
See More Headlines

CVLG Stock Analysis - Frequently Asked Questions

Covenant Logistics Group's stock was trading at $22.07 at the beginning of the year. Since then, CVLG shares have increased by 47.5% and is now trading at $32.56.

Covenant Logistics Group, Inc. (NYSE:CVLG) issued its quarterly earnings results on Wednesday, July, 29th. The company reported $0.42 earnings per share (EPS) for the quarter. The company earned $332.87 million during the quarter. Covenant Logistics Group had a trailing twelve-month return on equity of 9.14% and a net margin of 0.31%.
Read the conference call transcript
.

Covenant Logistics Group's stock split before market open on Thursday, January 2nd 2025.The 2-1 split was announced on Friday, December 6th 2024. The newly minted shares were issued to shareholders after the closing bell on Tuesday, December 31st 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Covenant Logistics Group's top institutional investors include Ranger Investment Management L.P. (0.94%), Corient Private Wealth LP (0.16%), California State Teachers Retirement System (0.06%) and Public Employees Retirement System of Ohio (0.06%). Insiders that own company stock include David Ray Parker, Bradley A Moline, Joey B Hogan, Samuel F Hough, Herbert J Schmidt, D Michael Kramer, Matisse Long and Joey Ballard.
View institutional ownership trends
.

Shares of CVLG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

Last Earnings
7/29/2026
Today
9/27/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Ground Transportation
Sub-Industry
Cargo Ground Transportation
Current Symbol
NYSE:CVLG
Previous Symbol
NYSE:CVLG
CIK
928658
Employees
4,700
Year Founded
1986

Price Target and Rating

High Price Target
$60.00
Low Price Target
$35.00
Potential Upside/Downside
+59.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.11
Trailing P/E Ratio
296.03
Forward P/E Ratio
20.35
P/E Growth
N/A
Net Income
$7.24 million
Net Margins
0.31%
Pretax Margin
0.07%
Return on Equity
9.14%
Return on Assets
3.68%

Debt

Debt-to-Equity Ratio
0.55
Current Ratio
1.14
Quick Ratio
1.10

Sales & Book Value

Annual Sales
$1.16 billion
Price / Sales
0.71
Cash Flow
$5.24 per share
Price / Cash Flow
6.21
Book Value
$16.11 per share
Price / Book
2.02

Miscellaneous

Outstanding Shares
25,380,000
Free Float
16,064,000
Market Cap
$826.37 million
Optionable
N/A
Beta
1.29

Social Links

10 Stocks Powering The Next AI Boom  Cover

The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.

Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.

Get This Free Report

This page (NYSE:CVLG) was last updated on 9/27/2026 by MarketBeat.com Staff.
From Our Partners