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Covenant Logistics Group (CVLG) Competitors

Covenant Logistics Group logo
$24.95 -0.27 (-1.07%)
Closing price 03:59 PM Eastern
Extended Trading
$25.00 +0.05 (+0.20%)
As of 04:10 PM Eastern
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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.

Company Overall Sentiment
Hafnia Neutral
Covenant Logistics Group Neutral

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.

Company Net Margins Return on Equity Return on Assets
Hafnia45.74% 26.29% 16.31%
Covenant Logistics Group 3.17%13.04%5.56%

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hafnia
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.50
Covenant Logistics Group
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hafnia$1.94B1.38$774.03M$1.214.34
Covenant Logistics Group$1.12B0.59$35.92M$1.3917.95

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.
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Media 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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CVLG vs. The Competition

MetricCovenant Logistics GroupTrucking, except local IndustryTransportation SectorNASDAQ Exchange
Market Cap$662.45M$346.19M$7.18B$9.13B
Dividend Yield1.08%1.08%922.81%4.01%
P/E Ratio19.276.4113.1519.57
Price / Sales0.590.30378.6379.65
Price / Cash5.352.727.6227.51
Price / Book1.621.622.145.56
Net Income$35.92M$28.86M$563.35M$252.37M
7 Day Performance-0.20%-3.94%2.47%3.11%
1 Month Performance9.55%14.77%4.60%11.74%
1 Year Performance-0.04%-44.93%4.47%17.41%

Covenant Logistics Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVLG
Covenant Logistics Group
4.2767 of 5 stars
$24.95
-1.1%
$33.00
+32.3%
+1.2%$662.45M$1.12B19.274,610
HAFN
Hafnia
3.8079 of 5 stars
$5.34
+2.7%
$6.50
+21.7%
-30.3%$2.64B$1.94B4.304,959
DKL
Delek Logistics Partners
1.9457 of 5 stars
$43.90
+0.4%
$44.25
+0.8%
+8.2%$2.34B$940.64M14.682,020
GEL
Genesis Energy
1.7865 of 5 stars
$17.38
-0.5%
$16.50
-5.1%
+20.9%$2.14B$2.97B-3.342,075Positive News
Dividend Announcement
SBLK
Star Bulk Carriers
3.6325 of 5 stars
$18.20
+0.9%
$22.05
+21.2%
-23.2%$2.12B$1.27B9.19180Positive News
Analyst Upgrade
INSW
International Seaways
3.8684 of 5 stars
$40.29
+2.4%
$51.33
+27.4%
-28.1%$1.94B$951.61M6.972,824Analyst Revision
ARCB
ArcBest
4.8925 of 5 stars
$79.24
-4.6%
$91.92
+16.0%
-28.4%$1.90B$4.18B10.4814,000
ZIM
ZIM Integrated Shipping Services
2.4211 of 5 stars
$15.91
+1.0%
$14.82
-6.9%
-6.6%$1.90B$8.43B0.814,850
CMBT
CMB.TECH
N/A$9.79
+1.9%
N/AN/A$1.87B$940.25M9.612,752
DHT
DHT
4.3844 of 5 stars
$11.38
+3.0%
$12.94
+13.7%
+2.6%$1.77B$571.77M10.3520
DAC
Danaos
3.484 of 5 stars
$89.14
+1.6%
$105.00
+17.8%
+3.2%$1.67B$1.01B3.661,875Positive News

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This page (NASDAQ:CVLG) was last updated on 7/14/2025 by MarketBeat.com Staff
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