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NYSE:CVLG

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

Covenant Logistics Group logo
$29.19 -0.58 (-1.95%)
As of 10/23/2026 03:58 PM Eastern

About Covenant Logistics Group Stock (NYSE:CVLG)

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Key Stats

Today's Range
$28.34
▼
$29.65
50-Day Range
$29.14
▼
$36.16
52-Week Range
$18.00
▼
$49.88
Volume
207,265 shs
Average Volume
159,402 shs
Market Capitalization
$740.78 million
P/E Ratio
265.39
Dividend Yield
0.96%
Price Target
$53.20
Consensus Rating
Moderate Buy

Company Overview

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

Its operations include expedited and dedicated truckload transportation, refrigerated and temperature-controlled freight, freight brokerage, managed transportation and warehousing. Covenant also provides final-mile delivery, cross-docking, fulfillment and other distribution services designed to support customers’ supply chains.

The company serves a range of industries, including retail, consumer goods, food and beverage, automotive and manufacturing. Its transportation and logistics network primarily supports shipments within the United States, with services that may extend to cross-border freight involving Canada and Mexico. Covenant Logistics Group trades on the New York Stock Exchange under the symbol CVLG.

AI Generated. May Contain Errors.

Covenant Logistics Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
81st Percentile Overall Score

CVLG MarketRank™: 
4.04439377682 of 5 stars

Covenant Logistics Group scored higher than 81% of companies evaluated by MarketBeat, and ranked 250th out of 651 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 $53.20, representing about 82.3% upside from its current price of $29.19.

  • Amount of Analyst Coverage

    Covenant Logistics Group has been the subject of 5 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 51.61% in the coming year, from $1.55 to $2.35 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Covenant Logistics Group is 265.39, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.37.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Covenant Logistics Group is 265.39, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 26.18.

  • Price to Book Value per Share Ratio

    Covenant Logistics Group has a P/B Ratio of 1.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    8.17% 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 6.48.
  • Change versus previous month

    Short interest in Covenant Logistics Group has recently increased by 2.25%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Covenant Logistics Group has a dividend yield of 0.94%, 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 11.91% 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 1.01. 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 is a higher news sentiment than the 0.47 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles 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 shares have increased by 32.3% and is now trading at $29.19.

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

Top institutional shareholders of Covenant Logistics Group include Inspire Investing LLC (0.08%), Kings Path Partners LLC (0.03%), Nisa Investment Advisors LLC (0.01%) and State of Alaska Department of Revenue (0.01%). 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Covenant Logistics Group investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU), Tesla (TSLA), Bloom Energy (BE), GE Aerospace (GE) and NIO (NIO).

Company Calendar

Last Earnings
7/29/2026
Today
10/25/2026
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
$42.00
Potential Upside/Downside
+82.3%
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
265.39
Forward P/E Ratio
18.83
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
$1.23 billion
Price / Sales
0.60
Cash Flow
$5.23 per share
Price / Cash Flow
5.58
Book Value
$16.11 per share
Price / Book
1.81

Miscellaneous

Outstanding Shares
25,378,000
Free Float
16,064,000
Market Cap
$740.78 million
Optionable
Optionable
Beta
1.39

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This page (NYSE:CVLG) was last updated on 10/23/2026 by MarketBeat.com Staff.
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