About Covenant Transportation Group
Covenant Transportation Group, Inc. is a truckload transportation company. The Company provides truckload transportation and brokerage services to customers throughout the continental United States, into and out of Mexico, and into and out of portions of Canada. It operates through the asset-based truckload services (Truckload) segment. The Truckload segment consists of three asset-based operating fleets: Covenant Transport, Inc. (Covenant Transport) that provides expedited long haul, dedicated, temperature-controlled, and regional solo-driver service; Southern Refrigerated Transport, Inc. (SRT), which provides long haul, regional, and intermodal temperature-controlled service, and Star Transportation, Inc. (Star) that provides regional solo-driver and services, primarily in the southeastern United States. In addition, its Covenant Transport Solutions, Inc. (Solutions) subsidiary has service offerings ancillary to its Truckload operations, including freight brokerage services.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Trucking
- Sub-Industry: N/A
- Exchange: NASDAQ
- Symbol: CVTI
- Previous Close: $20.06
- 50 Day Moving Average: $20.35
- 200 Day Moving Average: $19.44
- 52-Week Range: $14.26 - $25.77
- Trailing P/E Ratio: 21.80
- Foreward P/E Ratio: 15.87
- P/E Growth: 4.40
- Market Cap: $364.97M
- Outstanding Shares: 18,194,000
- Beta: 1.25
- Net Margins: 2.43%
- Return on Equity: 7.49%
- Return on Assets: 2.77%
Companies Related to Covenant Transportation Group:
- Debt-to-Equity Ratio: 0.85%
- Current Ratio: 1.31%
- Quick Ratio: 1.26%
What is Covenant Transportation Group's stock symbol?
Covenant Transportation Group trades on the NASDAQ under the ticker symbol "CVTI."
Where is Covenant Transportation Group's stock going? Where will Covenant Transportation Group's stock price be in 2017?
6 equities research analysts have issued twelve-month price targets for Covenant Transportation Group's stock. Their forecasts range from $20.00 to $22.00. On average, they expect Covenant Transportation Group's share price to reach $20.67 in the next twelve months.
When will Covenant Transportation Group announce their earnings?
Covenant Transportation Group is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.
What are analysts saying about Covenant Transportation Group stock?
Here are some recent quotes from research analysts about Covenant Transportation Group stock:
According to Zacks Investment Research, "Covenant Transport, Inc. is a truckload carrier that offers just-in-time and other premium transportation service for customers throughout the United States. " (10/18/2016)
- BB&T Co. analysts commented, " (6/22/2016)
Who owns Covenant Transportation Group stock?
Covenant Transportation Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (7.39%), FMR LLC (2.54%), Cortina Asset Management LLC (1.77%), Russell Investments Group Ltd. (1.06%), Renaissance Technologies LLC (0.97%) and State Street Corp (0.96%). Company insiders that own Covenant Transportation Group stock include Clay Scholl, James F Brower Jr, Joey B Hogan, Ralph H Lovin Jr, Richard B Cribbs, Robert E Bosworth and Samuel F Hough.
Who sold Covenant Transportation Group stock? Who is selling Covenant Transportation Group stock?
Covenant Transportation Group's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Alyeska Investment Group L.P., Dimensional Fund Advisors LP and Allianz Asset Management AG. Company insiders that have sold Covenant Transportation Group stock in the last year include James F Brower Jr, Ralph H Lovin Jr and Richard B Cribbs.
Who bought Covenant Transportation Group stock? Who is buying Covenant Transportation Group stock?
Covenant Transportation Group's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Guggenheim Capital LLC, FMR LLC, Two Sigma Investments LP, Hodges Capital Management Inc., A.R.T. Advisors LLC, GSA Capital Partners LLP and State Street Corp.
How do I buy Covenant Transportation Group stock?
Shares of Covenant Transportation Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Covenant Transportation Group stock cost?
One share of Covenant Transportation Group stock can currently be purchased for approximately $20.16.