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NYSE:CVLG

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

Covenant Logistics Group logo
$33.80 +0.04 (+0.12%)
As of 10/2/2026 03:58 PM Eastern

About Covenant Logistics Group Stock (NYSE:CVLG)

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Key Stats

Today's Range
$33.58
▼
$34.21
50-Day Range
$32.18
▼
$44.81
52-Week Range
$18.00
▼
$49.88
Volume
104,978 shs
Average Volume
209,033 shs
Market Capitalization
$857.84 million
P/E Ratio
307.30
Dividend Yield
0.83%
Price Target
$51.80
Consensus Rating
Moderate Buy

Company Overview

Covenant Logistics Group, Inc. is a transportation and logistics company headquartered in Chattanooga, Tennessee. Founded in 1986 as Covenant Transport, the company provides freight transportation and supply chain services to customers across North America.

Its operations include asset-based truckload transportation, dedicated transportation, expedited freight, refrigerated and dry-van services, brokerage, freight management, warehousing and distribution. Through these offerings, Covenant Logistics helps businesses move and manage goods while providing related supply chain and logistics support.

The company serves a range of industries and customer needs through a combination of company-owned equipment, contracted capacity and logistics services. Covenant Logistics is led by Chairman and Chief Executive Officer David R. Parker, who has been associated with the company since its founding and has held senior leadership roles for many years.

AI Generated. May Contain Errors.

Covenant Logistics Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
73rd Percentile Overall Score

CVLG MarketRank™: 

Covenant Logistics Group scored higher than 73% of companies evaluated by MarketBeat, and ranked 266th out of 653 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 53.3% upside from its current price of $33.80.

  • 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 307.30, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Covenant Logistics Group is 307.30, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 26.67.

  • Price to Book Value per Share Ratio

    Covenant Logistics Group has a P/B Ratio of 2.10. 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 0.83%, 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 Sentiment

    Covenant Logistics Group has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrials companies.
  • 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.
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CVLG Stock News Headlines

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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 2026. Since then, CVLG stock has increased by 53.1% and is now trading at $33.80.

Covenant Logistics Group, Inc. (NYSE:CVLG) released its quarterly earnings results on Wednesday, July, 29th. The company reported $0.42 earnings per share (EPS) for the quarter. The business 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
.

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

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
10/05/2026
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
+53.3%
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
307.30
Forward P/E Ratio
21.13
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
0.74
Cash Flow
$5.24 per share
Price / Cash Flow
6.45
Book Value
$16.11 per share
Price / Book
2.10

Miscellaneous

Outstanding Shares
25,380,000
Free Float
16,064,000
Market Cap
$857.84 million
Optionable
N/A
Beta
1.39

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This page (NYSE:CVLG) was last updated on 10/5/2026 by MarketBeat.com Staff.
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