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NYSE:CVLG

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

Covenant Logistics Group logo
$37.46 +0.05 (+0.13%)
As of 05/22/2026 03:58 PM Eastern

About Covenant Logistics Group Stock (NYSE:CVLG)

Advanced

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
$942.91 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
37th Percentile Overall Score

CVLG MarketRank™: 

Covenant Logistics Group scored higher than 37% of companies evaluated by MarketBeat, and ranked 99th 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 249.73, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.78.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Covenant Logistics Group is 249.73, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 23.15.

  • 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.
  • MarketBeat Follows

    1 people have added Covenant Logistics Group to their MarketBeat watchlist 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 $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 on January 1st, 2026. Since then, CVLG stock has 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 analysts' consensus estimates of $0.35 by $0.09. The company 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 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 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
5/25/2026
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
$1.20 billion
Price / Sales
0.78
Cash Flow
$5.24 per share
Price / Cash Flow
7.15
Book Value
$16.19 per share
Price / Book
2.31

Miscellaneous

Outstanding Shares
25,171,000
Free Float
15,933,000
Market Cap
$942.91 million
Optionable
N/A
Beta
1.28

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This page (NYSE:CVLG) was last updated on 5/25/2026 by MarketBeat.com Staff.
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