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

Company Overview

Covenant Logistics Group provides a comprehensive suite of transportation and logistics services across North America. The company’s core offerings include less‐than‐truckload (LTL) and full truckload hauling, temperature‐controlled freight, intermodal transportation and freight brokerage. Covenant also delivers specialized solutions such as expedited “hot‐shot” deliveries, cross‐border shipping to Canada and Mexico, and dedicated contract carriage for time‐sensitive or high‐value shipments.

With a network of service centers, terminals and partner carriers strategically located throughout the United States, Covenant supports diverse industries including food and beverage, automotive, retail, energy and manufacturing. The company leverages technology‐enabled planning tools, real‐time tracking and a centralized customer service platform to optimize routing, improve on-time performance and enhance supply‐chain visibility for its clients.

Founded in 1986 by David Parker and headquartered in Chattanooga, Tennessee, Covenant Logistics Group has expanded organically and through targeted acquisitions to build its current footprint. The company’s leadership team comprises seasoned logistics professionals focused on service excellence, safety and operational efficiency. Covenant is publicly traded on the New York Stock Exchange under the ticker CVLG and continues to invest in network expansion, equipment upgrades and digital tools to meet evolving customer needs.

Key Stats

• Today's Range: $34.47 to $35.42
• 50-Day Range: $33.34 to $49.79
• 52-Week Range: $18.00 to $49.88
• Volume: 68,737 shs
• Average Volume: 182,388 shs
• Market Capitalization: $890.33 million
• P/E Ratio: 318.94
• Dividend Yield: 0.80%
• Price Target: $51.80
• Consensus Rating: Buy

Covenant Logistics Group Stock Analysis - MarketRank™

Covenant Logistics Group scored higher than 88% of companies evaluated by MarketBeat, and ranked 139th out of 661 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Buy

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 strong buy ratings, 4 buy ratings, no hold ratings, and 1 sell rating.

Upside Potential

Covenant Logistics Group has a consensus price target of $51.80, representing about 49.5% upside from its current price of $34.64.

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.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 50.00%

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 314.94, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of Covenant Logistics Group is 314.94, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 26.54.

Price to Book Value per Share Ratio

Covenant Logistics Group has a P/B Ratio of 2.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.10% 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 2.55, 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 decreased by 5.76%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Covenant Logistics Group has a dividend yield of 0.82%, 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.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 4 news articles for Covenant Logistics Group this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.1 / 5
• Insider Trading: Selling Shares

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 $963,535.00 in 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.

Company Calendar

• Last Earnings: 7/29/2026
• Today: 8/21/2026
• 17th Annual Midwest IDEAS Conference: 8/27/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Ground Transportation
• Sub-Industry: Cargo Ground Transportation
• Current Symbol: NYSE:CVLG
• Previous Symbol: NYSE:CVLG
• CIK: 928658
• Web: covenantlogistics.com
• Phone: (423) 821-1212
• Fax: 423-821-5442
• Employees: 4,700
• Year Founded: 1986

Price Target and Rating

• Average Price Target for Covenant Logistics Group: $51.80
• High Price Target: $60.00
• Low Price Target: $35.00
• Potential Upside/Downside: +48.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.11
• Trailing P/E Ratio: 317.85
• Forward P/E Ratio: 21.85
• 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: 0.76
• Cash Flow: $5.34 per share
• Price / Cash Flow: 6.55
• Book Value: $16.27 per share
• Price / Book: 2.15

Miscellaneous

• Outstanding Shares: 25,380,000
• Free Float: 16,064,000
• Market Cap: $887.28 million
• Optionable: N/A
• Beta: 1.32