CVLG vs. HAFN, DKL, GEL, SBLK, INSW, ARCB, ZIM, CMBT, DHT, and DAC
Should you be buying Covenant Logistics Group stock or one of its competitors? The main competitors of Covenant Logistics Group include Hafnia (HAFN), Delek Logistics Partners (DKL), Genesis Energy (GEL), Star Bulk Carriers (SBLK), International Seaways (INSW), ArcBest (ARCB), ZIM Integrated Shipping Services (ZIM), CMB.TECH (CMBT), DHT (DHT), and Danaos (DAC). These companies are all part of the "transportation" industry.
Covenant Logistics Group vs. Its Competitors
Hafnia (NYSE:HAFN) and Covenant Logistics Group (NASDAQ:CVLG) are both transportation companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, earnings, risk, institutional ownership, valuation, analyst recommendations, dividends and media sentiment.
In the previous week, Hafnia had 3 more articles in the media than Covenant Logistics Group. MarketBeat recorded 3 mentions for Hafnia and 0 mentions for Covenant Logistics Group. Hafnia's average media sentiment score of 0.18 beat Covenant Logistics Group's score of 0.00 indicating that Hafnia is being referred to more favorably in the media.
Hafnia has a net margin of 45.74% compared to Covenant Logistics Group's net margin of 3.17%. Hafnia's return on equity of 26.29% beat Covenant Logistics Group's return on equity.
Hafnia presently has a consensus target price of $6.50, suggesting a potential upside of 23.69%. Covenant Logistics Group has a consensus target price of $33.00, suggesting a potential upside of 32.26%. Given Covenant Logistics Group's higher probable upside, analysts clearly believe Covenant Logistics Group is more favorable than Hafnia.
Hafnia has higher revenue and earnings than Covenant Logistics Group. Hafnia is trading at a lower price-to-earnings ratio than Covenant Logistics Group, indicating that it is currently the more affordable of the two stocks.
Hafnia pays an annual dividend of $0.41 per share and has a dividend yield of 7.8%. Covenant Logistics Group pays an annual dividend of $0.28 per share and has a dividend yield of 1.1%. Hafnia pays out 33.9% of its earnings in the form of a dividend. Covenant Logistics Group pays out 20.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Covenant Logistics Group has raised its dividend for 1 consecutive years.
Hafnia has a beta of 0.87, meaning that its stock price is 13% less volatile than the S&P 500. Comparatively, Covenant Logistics Group has a beta of 1.44, meaning that its stock price is 44% more volatile than the S&P 500.
83.7% of Covenant Logistics Group shares are held by institutional investors. 35.1% of Covenant Logistics Group shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Summary
Hafnia beats Covenant Logistics Group on 11 of the 20 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding CVLG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartMedia Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NASDAQ:CVLG) was last updated on 7/14/2025 by MarketBeat.com Staff