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NYSE:CVLG

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

Covenant Logistics Group logo
$23.30 -0.85 (-3.52%)
As of 02:09 PM Eastern

About Covenant Logistics Group Stock (NYSE:CVLG)

Key Stats

Today's Range
$23.24
$23.85
50-Day Range
$21.97
$26.26
52-Week Range
$17.46
$30.77
Volume
20,671 shs
Average Volume
126,174 shs
Market Capitalization
$618.62 million
P/E Ratio
17.79
Dividend Yield
1.20%
Price Target
$33.00
Consensus Rating
Buy

Company Overview

Covenant Logistics Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
74th Percentile Overall Score

CVLG MarketRank™: 

Covenant Logistics Group scored higher than 74% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Covenant Logistics Group is 17.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 27.85.

  • Price to Book Value per Share Ratio

    Covenant Logistics Group has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.21% 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 3.4, 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 38.35%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Covenant Logistics Group pays a meaningful dividend of 1.15%, higher than 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 21.37%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Covenant Logistics Group's dividend.
  • Percentage of Shares Shorted

    3.21% 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 3.4, 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 38.35%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Covenant Logistics Group has a news sentiment score of 1.39. 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 news sentiment score is similar to the average news sentiment of Transportation, Communications, Electric, Gas, And Sanitary Services companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Covenant Logistics Group this week, compared to 2 articles on an average week.
  • 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 $50,160.00 in company stock.

  • Percentage Held by Insiders

    35.10% 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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First look: Covenant Logistics Group Q2 earnings
See More Headlines

CVLG Stock Analysis - Frequently Asked Questions

Covenant Logistics Group's stock was trading at $54.51 at the beginning of the year. Since then, CVLG stock has decreased by 56.9% and is now trading at $23.50.

Covenant Logistics Group, Inc. (NYSE:CVLG) posted its quarterly earnings results on Wednesday, October, 23rd. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.01. The business had revenue of $287.89 million for the quarter. Covenant Logistics Group had a trailing twelve-month return on equity of 11.49% and a net margin of 3.18%.

Covenant Logistics Group's stock split on Thursday, January 2nd 2025.The 2-1 split was announced on Friday, December 6th 2024. The newly issued 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.

Top institutional shareholders of Covenant Logistics Group include Patton Albertson Miller Group LLC (2.19%), Polaris Capital Management LLC (0.29%), Oliver Luxxe Assets LLC (0.28%) and Ritholtz Wealth Management (0.10%). Insiders that own company stock include David Ray Parker, Joey B Hogan, Robert E Bosworth, Bradley A Moline, Samuel F Hough, D Michael Kramer, Herbert J Schmidt 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
10/23/2024
Record date for 6/27 Dividend
6/06/2025
Ex-Dividend for 6/27 Dividend
6/06/2025
Dividend Payable
6/27/2025
Today
8/01/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Transportation, Communications, Electric, Gas, And Sanitary Services
Industry
Trucking & Courier Services, Except Air
Sub-Industry
Transportation
Current Symbol
NYSE:CVLG
Previous Symbol
NYSE:CVLG
CIK
928658
Web
N/A
Employees
4,800
Year Founded
N/A

Price Target and Rating

High Price Target
$36.00
Low Price Target
$30.00
Potential Upside/Downside
+37.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.31
Trailing P/E Ratio
18.33
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$35.92 million
Net Margins
3.18%
Pretax Margin
4.44%
Return on Equity
11.49%
Return on Assets
5.05%

Debt

Debt-to-Equity Ratio
0.42
Current Ratio
1.09
Quick Ratio
1.06

Sales & Book Value

Annual Sales
$1.13 billion
Price / Sales
0.56
Cash Flow
$5.27 per share
Price / Cash Flow
4.56
Book Value
$16.56 per share
Price / Book
1.45

Miscellaneous

Outstanding Shares
26,550,000
Free Float
17,231,000
Market Cap
$637.47 million
Optionable
N/A
Beta
1.44

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This page (NYSE:CVLG) was last updated on 8/1/2025 by MarketBeat.com Staff
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