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NASDAQ:CVLG

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

Covenant Logistics Group logo
$25.73 +0.11 (+0.43%)
As of 07/3/2025 03:30 PM Eastern

About Covenant Logistics Group Stock (NASDAQ:CVLG)

Key Stats

Today's Range
$25.55
$25.95
50-Day Range
$19.85
$25.73
52-Week Range
$17.46
$30.77
Volume
59,889 shs
Average Volume
115,956 shs
Market Capitalization
$683.13 million
P/E Ratio
19.87
Dividend Yield
1.09%
Price Target
$33.00
Consensus Rating
Buy

Company Overview

Covenant Logistics Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
91st Percentile Overall Score

CVLG MarketRank™: 

Covenant Logistics Group scored higher than 91% of companies evaluated by MarketBeat, and ranked 19th out of 126 stocks in the transportation 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 Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Covenant Logistics Group has only been the subject of 1 research reports in the past 90 days.

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

    Earnings for Covenant Logistics Group are expected to grow by 25.23% in the coming year, from $2.18 to $2.73 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Covenant Logistics Group is 19.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.61.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Covenant Logistics Group is 19.87, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 13.08.

  • Price to Book Value per Share Ratio

    Covenant Logistics Group has a P/B Ratio of 1.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Covenant Logistics Group's valuation and earnings.
  • Percentage of Shares Shorted

    2.32% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Covenant Logistics Group has recently increased by 47.14%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Covenant Logistics Group pays a meaningful dividend of 1.11%, higher than 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 20.14%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Covenant Logistics Group will have a dividend payout ratio of 10.26% 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.
  • Percentage of Shares Shorted

    2.32% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Covenant Logistics Group has recently increased by 47.14%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Covenant Logistics Group has a news sentiment score of 0.56. 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 Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Covenant Logistics Group this week, compared to 2 articles on an average week.
  • Search Interest

    1 people have searched for CVLG on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Covenant Logistics Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $50,160.00 in company stock.

  • Percentage Held by Insiders

    35.10% 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

CVLG Covenant Logistics Group, Inc. - Seeking Alpha
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See More Headlines

CVLG Stock Analysis - Frequently Asked Questions

Covenant Logistics Group's stock was trading at $54.51 on January 1st, 2025. Since then, CVLG stock has decreased by 52.8% and is now trading at $25.73.

Covenant Logistics Group, Inc. (NASDAQ:CVLG) posted its quarterly earnings results on Wednesday, October, 23rd. The company reported $0.55 EPS for the quarter, topping analysts' consensus estimates of $0.54 by $0.01. The business earned $287.89 million during the quarter. Covenant Logistics Group had a net margin of 3.17% and a trailing twelve-month return on equity of 13.04%.

Covenant Logistics Group shares split before market open on Thursday, January 2nd 2025.The 2-1 split was announced on Friday, December 6th 2024. The newly created 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.

The following companies are subsidiaries of Covenant Logistics Group: Landair, Covenant Asset Management LLC a Nevada limited liability company, Covenant Logistics Inc a Nevada corporation, Covenant Transport Inc a Tennessee corporation dba Covenant Transport Services and Covenant Logistics, Covenant Transport Solutions LLC a Nevada limited liability company, CTG Leasing Company a Nevada corporation, Heritage Insurance Inc a Tennessee corporation, and more.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Covenant Logistics Group investors own include NVIDIA (NVDA), Tesla (TSLA), Home Depot (HD), Advanced Micro Devices (AMD), Meta Platforms (META), Cisco Systems (CSCO) and Netflix (NFLX).

Company Calendar

Last Earnings
10/23/2024
Record date for 6/27 Dividend
6/06/2025
Ex-Dividend for 6/27 Dividend
6/06/2025
Dividend Payable
6/27/2025
Today
7/05/2025
Next Earnings (Estimated)
7/23/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Trucking, except local
Sub-Industry
Transportation
Current Symbol
NASDAQ:CVLG
Employees
4,610
Year Founded
1986

Price Target and Rating

Average Stock Price Target
$33.00
High Stock Price Target
$36.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+28.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Trailing P/E Ratio
19.87
Forward P/E Ratio
11.80
P/E Growth
N/A
Net Income
$35.92 million
Pretax Margin
4.80%

Debt

Sales & Book Value

Annual Sales
$1.12 billion
Cash Flow
$4.81 per share
Price / Cash Flow
5.35
Book Value
$15.43 per share
Price / Book
1.67

Miscellaneous

Free Float
16,738,000
Market Cap
$683.13 million
Optionable
Optionable
Beta
1.44

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This page (NASDAQ:CVLG) was last updated on 7/5/2025 by MarketBeat.com Staff
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