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NYSE:CVLG

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

Covenant Logistics Group logo
$32.46 -0.36 (-1.10%)
As of 01:33 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Covenant Logistics Group Stock (NYSE:CVLG)

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Key Stats

Today's Range
$32.04
▼
$33.44
50-Day Range
$28.78
▼
$36.16
52-Week Range
$18.00
▼
$49.88
Volume
45,226 shs
Average Volume
189,569 shs
Market Capitalization
$823.81 million
P/E Ratio
202.69
Dividend Yield
0.86%
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, it provides truckload transportation and related services to customers across a range of industries.

The company’s services include expedited and dedicated truckload transportation, freight brokerage, managed transportation and warehousing. Its operations primarily serve customers in the United States, with transportation services also extending into Canada and Mexico.

Covenant Logistics operates through brands that include Covenant Transport and runs a network of drivers, tractors, trailers and logistics facilities. David R. Parker serves as the company’s chairman and chief executive officer.

AI Generated. May Contain Errors.

Covenant Logistics Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
76th Percentile Overall Score

CVLG MarketRank™: 
3.79089243653 of 5 stars

Covenant Logistics Group scored higher than 76% of companies evaluated by MarketBeat, and ranked 299th out of 655 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 2.86, and is based on 1 strong buy rating, 4 buy ratings, 2 hold ratings, and no sell ratings.

  • Upside Potential

    Covenant Logistics Group has a consensus price target of $53.20, representing about 63.9% upside from its current price of $32.46.

  • Amount of Analyst Coverage

    Covenant Logistics Group has only been the subject of 4 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 37.43% in the coming year, from $1.71 to $2.35 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Covenant Logistics Group is 202.69, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.39.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Covenant Logistics Group is 202.69, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 32.31.

  • Price to Book Value per Share Ratio

    Covenant Logistics Group has a P/B Ratio of 1.95. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    8.67% 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 6.8.
  • Change versus previous month

    Short interest in Covenant Logistics Group has recently increased by 3.56%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Covenant Logistics Group has a dividend yield of 0.84%, 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 175.00%. 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 0.88. 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 0.53 average news sentiment score 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

Covenant Logistics (CVLG) Q3 2026 Earnings Call Transcript
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Covenant Logistics : 3rd Quarter 2026 Script
See More Headlines

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 47.1% and is now trading at $32.4590.

Covenant Logistics Group, Inc. (NYSE:CVLG) issued its quarterly earnings data on Thursday, October, 29th. The company reported $0.50 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.06. The business had revenue of $353.89 million for the quarter. Covenant Logistics Group had a net margin of 0.42% and a trailing twelve-month return on equity of 9.56%.
Read the conference call transcript
.

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

Covenant Logistics Group's top institutional investors include State Street Corp (1.74%), First Eagle Investment Management LLC (1.47%), Royce & Associates LP (1.35%) and Russell Investments Group Ltd. (0.95%). 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
10/29/2026
Today
11/13/2026
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
+63.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.16
Trailing P/E Ratio
202.69
Forward P/E Ratio
13.81
P/E Growth
N/A
Net Income
$7.24 million
Net Margins
0.42%
Pretax Margin
0.55%
Return on Equity
9.56%
Return on Assets
3.85%

Debt

Debt-to-Equity Ratio
0.52
Current Ratio
1.15
Quick Ratio
1.10

Sales & Book Value

Annual Sales
$1.16 billion
Price / Sales
0.71
Cash Flow
$5.08 per share
Price / Cash Flow
6.39
Book Value
$16.64 per share
Price / Book
1.95

Miscellaneous

Outstanding Shares
25,380,000
Free Float
16,064,000
Market Cap
$823.81 million
Optionable
Optionable
Beta
1.44

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This page (NYSE:CVLG) was last updated on 11/13/2026 by MarketBeat.com Staff.
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