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NYSE:CVLG

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

Covenant Logistics Group logo
$37.46 +0.09 (+0.24%)
As of 03:58 PM Eastern

About Covenant Logistics Group Stock (NYSE:CVLG)

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Key Stats

Today's Range
$36.99
$38.00
50-Day Range
$24.57
$37.46
52-Week Range
$18.00
$38.00
Volume
126,409 shs
Average Volume
201,530 shs
Market Capitalization
$942.87 million
P/E Ratio
249.73
Dividend Yield
0.75%
Price Target
$35.00
Consensus Rating
Hold

Company Overview

Covenant Logistics Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
50th Percentile Overall Score

CVLG MarketRank™: 

Covenant Logistics Group scored higher than 50% of companies evaluated by MarketBeat, and ranked 88th out of 131 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 Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and no sell ratings.

  • Downside Risk

    Covenant Logistics Group has a consensus price target of $35.00, representing about 6.6% downside from its current price of $37.46.

  • Amount of Analyst Coverage

    Covenant Logistics Group has only been the subject of 2 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 40.63% in the coming year, from $1.60 to $2.25 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Covenant Logistics Group is 25.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.94.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Covenant Logistics Group is 25.60, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 23.08.

  • Price to Book Value per Share Ratio

    Covenant Logistics Group has a P/B Ratio of 2.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    4.25% 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 3.03, 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 9.76%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Covenant Logistics Group has a dividend yield of 0.75%, 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 186.67%. 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 12.44% 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.
    • 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 $602,980.00 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.

    • Read more about Covenant Logistics Group's insider trading history.
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    CVLG Stock News Headlines

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    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 69.7% and is now trading at $37.46.

    Covenant Logistics Group, Inc. (NYSE:CVLG) announced its earnings results on Thursday, April, 23rd. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.09. The business earned $307.16 million during the quarter. Covenant Logistics Group had a trailing twelve-month return on equity of 9.41% and a net margin of 0.42%.
    Read the conference call transcript
    .

    Covenant Logistics Group's stock 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 distributed 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 Dimensional Fund Advisors LP (5.54%), Ranger Investment Management L.P. (0.69%), Bank of New York Mellon Corp (0.69%) and Empowered Funds LLC (0.56%). Insiders that own company stock include David Ray Parker, Joey B Hogan, Bradley A Moline, Samuel F Hough, Herbert J Schmidt, D Michael Kramer and Matisse Long.
    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
    4/23/2026
    Today
    5/22/2026
    Fiscal Year End
    12/31/2026

    Industry, Sector and Symbol

    Stock Exchange
    NYSE
    Industry
    Trucking & Courier Services, Except Air
    Sub-Industry
    Transportation
    Current Symbol
    NYSE:CVLG
    Previous Symbol
    NYSE:CVLG
    CIK
    928658
    Web
    N/A
    Employees
    4,700
    Year Founded
    1986

    Price Target and Rating

    High Price Target
    $35.00
    Low Price Target
    $35.00
    Potential Upside/Downside
    -6.6%
    Consensus Rating
    Hold
    Rating Score (0-4)
    2.33
    Research Coverage
    3 Analysts

    Profitability

    EPS (Trailing Twelve Months)
    $0.15
    Trailing P/E Ratio
    249.73
    Forward P/E Ratio
    23.41
    P/E Growth
    N/A
    Net Income
    $7.24 million
    Net Margins
    0.42%
    Pretax Margin
    0.26%
    Return on Equity
    9.41%
    Return on Assets
    3.80%

    Debt

    Debt-to-Equity Ratio
    0.50
    Current Ratio
    1.04
    Quick Ratio
    1.01

    Sales & Book Value

    Annual Sales
    $1.16 billion
    Price / Sales
    0.81
    Cash Flow
    $5.25 per share
    Price / Cash Flow
    7.14
    Book Value
    $16.19 per share
    Price / Book
    2.31

    Miscellaneous

    Outstanding Shares
    25,170,000
    Free Float
    15,933,000
    Market Cap
    $942.87 million
    Optionable
    N/A
    Beta
    1.28

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    This page (NYSE:CVLG) was last updated on 5/22/2026 by MarketBeat.com Staff.
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