Covenant Transportation Group Company Profile (NASDAQ:CVTI)

About Covenant Transportation Group

Covenant Transportation Group logoCovenant 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
  • CUSIP:
Key Metrics:
  • 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
Profitability:
  • Net Margins: 2.43%
  • Return on Equity: 7.49%
  • Return on Assets: 2.77%
Debt:
  • Debt-to-Equity Ratio: 0.85%
  • Current Ratio: 1.31%
  • Quick Ratio: 1.26%
Additional Links:
Companies Related to Covenant Transportation Group:

Analyst Ratings

Consensus Ratings for Covenant Transportation Group (NASDAQ:CVTI) (?)
Ratings Breakdown: 5 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: $20.67 (2.51% upside)

Analysts' Ratings History for Covenant Transportation Group (NASDAQ:CVTI)
Show:
DateFirmActionRatingPrice TargetDetails
1/5/2017Stifel NicolausDowngradeBuy -> Hold$24.00 -> $20.00View Rating Details
1/4/2017StephensDowngradeOverweight -> Equal WeightView Rating Details
12/16/2016Seaport Global SecuritiesReiterated RatingNeutralView Rating Details
10/21/2016Cowen and CompanySet Price TargetOutperform$24.00 -> $22.00View Rating Details
6/22/2016BB&T Co.DowngradeBuy -> HoldView Rating Details
3/14/2016Avondale PartnersDowngradeOutperform -> Market Perform$20.00View Rating Details
7/27/2015Wolfe ResearchUpgradeMarket PerformView Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Covenant Transportation Group (NASDAQ:CVTI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
1/25/2017Q4 2016$0.33$0.33$187.82 million$191.00 millionViewN/AView Earnings Details
10/19/2016Q3$0.14$0.16$164.50 million$164.50 millionViewN/AView Earnings Details
7/27/2016Q2$0.19$0.20$156.62 million$158.80 millionViewN/AView Earnings Details
4/27/2016Q116$0.21$0.21$163.94 million$156.34 millionViewN/AView Earnings Details
1/25/2016Q4$0.67$0.73$186.85 million$208.10 millionViewListenView Earnings Details
10/16/2015Q315$0.41$0.42$173.50 millionViewListenView Earnings Details
7/22/2015Q2$0.47$0.60$184.73 million$175.45 millionViewListenView Earnings Details
4/23/2015Q1$0.28$0.30$170.44 million$167.20 millionViewN/AView Earnings Details
1/21/2015Q414$0.74$0.82$190.39 million$206.80 millionViewN/AView Earnings Details
10/21/2014Q114$0.30$0.12$176.90 million$177.60 millionViewN/AView Earnings Details
7/23/2014Q413$0.19$0.25$170.87 million$173.70 millionViewN/AView Earnings Details
4/29/2014($0.10)($0.09)$156.82 million$161.00 millionViewN/AView Earnings Details
1/27/2014Q313$0.11$0.22$169.92 million$176.50 millionViewN/AView Earnings Details
10/17/2013Q3 13$0.09$0.13$169.65 million$170.80 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.09$0.13$170.40 million$172.50 millionViewN/AView Earnings Details
4/24/2013Q1 2013($0.14)($0.13)$168.36 million$164.70 millionViewN/AView Earnings Details
1/30/2013Q4 2012$0.08$0.10$173.42 million$177.50 millionViewN/AView Earnings Details
10/30/2012Q312$0.05$0.07$166.77 million$133.00 millionViewN/AView Earnings Details
7/25/2012$0.05$0.29ViewN/AView Earnings Details
4/25/2012($0.15)($0.04)ViewN/AView Earnings Details
2/1/2012($0.07)($0.15)ViewN/AView Earnings Details
11/10/2011($0.09)($0.12)ViewN/AView Earnings Details
4/26/2011($0.15)($0.17)ViewN/AView Earnings Details
1/26/2011$0.06$0.05ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Covenant Transportation Group (NASDAQ:CVTI)
Current Year EPS Consensus Estimate: $0.91 EPS
Next Year EPS Consensus Estimate: $1.27 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.15$0.18$0.17
Q2 20161$0.31$0.31$0.31
Q3 20161$0.38$0.38$0.38
Q4 20161$0.50$0.50$0.50
Q2 20171$0.12$0.12$0.12
Q3 20171$0.25$0.25$0.25
Q4 20171$0.58$0.58$0.58
Q1 20181$0.06$0.06$0.06
Q2 20181$0.21$0.21$0.21
Q3 20181$0.31$0.31$0.31
Q4 20181$0.67$0.67$0.67
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Covenant Transportation Group (NASDAQ:CVTI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Covenant Transportation Group (NASDAQ:CVTI)
Insider Ownership Percentage: 35.40%
Institutional Ownership Percentage: 62.05%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/30/2017James F Brower JrCOOSell5,000$21.77$108,850.00View SEC Filing  
1/30/2017Ralph H Lovin JrVPSell3,000$21.76$65,280.00View SEC Filing  
12/5/2016Ralph H Lovin JrVPSell2,250$21.03$47,317.50View SEC Filing  
2/29/2016Richard B CribbsCFOSell2,500$21.94$54,850.00View SEC Filing  
8/24/2015Samuel F HoughCOOBuy1,000$21.20$21,200.00View SEC Filing  
6/4/2015Ralph H Lovin JrVPSell2,500$30.04$75,100.00View SEC Filing  
4/29/2015Joey B HoganCOOSell10,000$31.79$317,900.00View SEC Filing  
4/28/2015Clay SchollVPSell2,711$33.50$90,818.50View SEC Filing  
4/28/2015Robert E BosworthDirectorSell1,031$33.19$34,218.89View SEC Filing  
3/13/2015Ralph H Lovin JrVPSell5,944$36.60$217,550.40View SEC Filing  
2/10/2015David Ray ParkerCEOSell5,690$27.50$156,475.00View SEC Filing  
2/6/2015William Thomas AltDirectorSell2,500$27.97$69,925.00View SEC Filing  
2/5/2015Clay SchollVPSell3,729$29.06$108,364.74View SEC Filing  
2/5/2015Joey B HoganCOOSell2,285$28.98$66,219.30View SEC Filing  
2/5/2015Tony SmithInsiderSell22,076$17.35$383,018.60View SEC Filing  
1/14/2015William Thomas AltDirectorSell5,000$27.50$137,500.00View SEC Filing  
1/8/2015Ralph H Lovin JrVPSell15,000$27.98$419,700.00View SEC Filing  
1/7/2015William Thomas AltDirectorSell5,000$27.50$137,500.00View SEC Filing  
1/5/2015Ralph H Lovin JrVPSell5,000$27.92$139,600.00View SEC Filing  
12/29/2014William Thomas AltDirectorSell5,000$26.54$132,700.00View SEC Filing  
12/22/2014William Thomas AltDirectorSell5,000$26.66$133,300.00View SEC Filing  
9/4/2014Samuel F HoughCOOBuy1,000$12.96$12,960.00View SEC Filing  
8/22/2014Ralph H Lovin JrVPSell1,326$13.53$17,940.78View SEC Filing  
3/6/2014Ralph Lovin, Jr.VPSell1,409$11.55$16,273.95View SEC Filing  
3/3/2014Ralph Lovin, Jr.VPSell2,650$10.05$26,632.50View SEC Filing  
7/31/2013William Thomas AltDirectorSell3,080$6.43$19,804.40View SEC Filing  
5/30/2013Robert E BosworthDirectorBuy10,000$5.68$56,800.00View SEC Filing  
2/4/2013James F Brower JrInsiderSell10,000$5.79$57,900.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Covenant Transportation Group (NASDAQ:CVTI)
DateHeadline
4-traders.com logoCOVENANT TRANSPORTATION GROUP INC : Change in Directors or Principal Officers (form 8-K) (NASDAQ:CVTI)
www.4-traders.com - February 24 at 10:15 PM
biz.yahoo.com logoCOVENANT TRANSPORTATION GROUP INC Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:CVTI)
biz.yahoo.com - February 24 at 10:15 PM
News IconChart Watch for Covenant Transportation Group, Inc. (NASDAQ:CVTI) - BVN (NASDAQ:CVTI)
bvnewsjournal.com - February 17 at 3:39 PM
News IconTarget Price Review & Stock Update on Covenant Transportation ... - Rockville Register (NASDAQ:CVTI)
rockvilleregister.com - February 17 at 8:15 AM
News IconIs The Sell-Side Predicting That Covenant Transportation Group, Inc. (NASDAQ:CVTI) Will Move Higher? - Winfield Review (NASDAQ:CVTI)
winfieldreview.com - February 16 at 1:37 PM
News IconStock Perspective: Covenant Transportation Group, Inc. (NASDAQ:CVTI) Earnings in View - Aiken Advocate (NASDAQ:CVTI)
aikenadvocate.com - February 14 at 3:59 PM
wsj.com logoOrders for New Big-Rigs Jump in January (NASDAQ:CVTI)
www.wsj.com - February 3 at 4:53 PM
capitalcube.com logoETFs with exposure to Covenant Transportation Group, Inc. : February 2, 2017 (NASDAQ:CVTI)
www.capitalcube.com - February 2 at 5:02 PM
capitalcube.com logoETFs with exposure to Covenant Transportation Group, Inc. : February 2, 2017 (NASDAQ:CVTI)
www.capitalcube.com - February 2 at 5:02 PM
capitalcube.com logoCovenant Transportation Group, Inc. :CVTI-US: Earnings Analysis: Q4, 2016 By the Numbers : February 1, 2017 (NASDAQ:CVTI)
www.capitalcube.com - February 1 at 4:59 PM
News IconExecutive VP and Secretary of Covenant Transportation Group (NASDAQ:CVTI), Lovin Ralph H Jr, sells 3,000 shares worth $65,291 (NASDAQ:CVTI)
empowerednews.net - January 31 at 10:16 PM
capitalcube.com logoCovenant Transportation Group, Inc. :CVTI-US: Earnings Analysis: 2016 By the Numbers : January 31, 2017 (NASDAQ:CVTI)
www.capitalcube.com - January 31 at 5:13 PM
News IconStock in Focus: Covenant Transportation Group, Inc. (NASDAQ:CVTI) - The Tribune (NASDAQ:CVTI)
lakecitytribune.com - January 30 at 10:29 PM
News IconMarket Review: Indicator Watch for Covenant Transportation Group Inc. (CVTI) - Market Point (NASDAQ:CVTI)
mtptnews.com - January 30 at 10:29 PM
News IconSell-side Consensus Sees Covenant Transportation Group, Inc. (NASDAQ:CVTI) Going Where Near-Term? - Aiken Advocate (NASDAQ:CVTI)
aikenadvocate.com - January 30 at 10:29 PM
seekingalpha.com logoCovenant Transportation's (CVTI) CEO David Parker on Q4 2016 Results - Earnings Call Transcript (NASDAQ:CVTI)
seekingalpha.com - January 27 at 6:06 PM
4-traders.com logoCovenant Transportation : posts 4Q profit (NASDAQ:CVTI)
www.4-traders.com - January 27 at 6:06 PM
marketexclusive.com logoCOVENANT TRANSPORTATION GROUP, INC. (NASDAQ:CVTI) Files An 8-K Results of Operations and Financial Condition (NASDAQ:CVTI)
marketexclusive.com - January 27 at 6:06 PM
capitalcube.com logoCovenant Transportation Group, Inc. breached its 50 day moving average in a Bullish Manner : CVTI-US : January 27, 2017 (NASDAQ:CVTI)
www.capitalcube.com - January 27 at 6:06 PM
biz.yahoo.com logoCOVENANT TRANSPORTATION GROUP INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:CVTI)
biz.yahoo.com - January 27 at 6:06 PM
News IconEarnings in Full Force, Analysts Take Aim at Covenant Transportation Group, Inc. (NASDAQ:CVTI) - Wall Street Beacon (NASDAQ:CVTI)
wsbeacon.com - January 27 at 3:47 AM
News IconStock Seesawing as Volatility Sweeps in on Covenant Transportation Group, Inc. (NASDAQ:CVTI) - Wall Street Beacon (NASDAQ:CVTI)
wsbeacon.com - January 26 at 5:46 PM
News IconCovenant Transportation Group, Inc. (NASDAQ:CVTI) to Post $0.34 Earnings Per Share: Analysts - Wall Street Beacon (NASDAQ:CVTI)
wsbeacon.com - January 26 at 5:46 PM
sg.finance.yahoo.com logoCovenant Transportation posts 4Q profit (NASDAQ:CVTI)
sg.finance.yahoo.com - January 26 at 5:46 PM
us.rd.yahoo.com logo4:03 pm Covenant Transport reports EPS in-line, beats on revs (NASDAQ:CVTI)
us.rd.yahoo.com - January 25 at 10:47 PM
biz.yahoo.com logoQ4 2016 Covenant Transportation Group Inc Earnings Release - After Market Close (NASDAQ:CVTI)
biz.yahoo.com - January 25 at 5:45 PM
finance.yahoo.com logoCovenant Transportation Group Announces Fourth Quarter Financial and Operating Results (NASDAQ:CVTI)
finance.yahoo.com - January 25 at 5:45 PM
biz.yahoo.com logoCOVENANT TRANSPORTATION GROUP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statem (NASDAQ:CVTI)
biz.yahoo.com - January 25 at 5:45 PM
News IconValue Composite Score Update on Covenant Transportation Group, Inc. (NASDAQ:CVTI) - The Tribune (NASDAQ:CVTI)
lakecitytribune.com - January 23 at 4:56 PM
nasdaq.com logoCovenant Transportation Group, Inc. Announces Timing of Fourth Quarter Earnings Release and Conference Call - Nasdaq (NASDAQ:CVTI)
www.nasdaq.com - January 20 at 10:51 PM
finance.yahoo.com logoCovenant Transportation Group, Inc. Announces Timing of Fourth Quarter Earnings Release and Conference Call (NASDAQ:CVTI)
finance.yahoo.com - January 20 at 5:49 PM
News IconGearing Up For a Bull Run? Analysts Weigh in on Covenant Transportation Group, Inc. (NASDAQ:CVTI) - Wall Street Beacon (NASDAQ:CVTI)
wsbeacon.com - January 18 at 4:56 PM
capitalcube.com logoCovenant Transportation Group, Inc. – Value Analysis (NASDAQ:CVTI) : January 18, 2017 (NASDAQ:CVTI)
www.capitalcube.com - January 18 at 4:56 PM
capitalcube.com logoETFs with exposure to Covenant Transportation Group, Inc. : January 17, 2017 (NASDAQ:CVTI)
www.capitalcube.com - January 17 at 5:29 PM
realistinvestor.com logoCovenant Transportation Group, Inc. (NASDAQ:CVTI) EPS Estimate At $0.73 - RealistInvestor.com (NASDAQ:CVTI)
www.realistinvestor.com - January 15 at 9:30 PM
News IconWill The Needle Move For Covenant Transportation Group, Inc. (NASDAQ:CVTI) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:CVTI)
wsbeacon.com - January 14 at 4:41 PM
News IconMarkets End Mostly Higher, How Did This Stock Fare: Covenant Transportation Group, Inc. (NASDAQ:CVTI) - Wall Street Beacon (NASDAQ:CVTI)
wsbeacon.com - January 14 at 4:41 PM
capitalcube.com logoCovenant Transportation Group, Inc. breached its 50 day moving average in a Bullish Manner : CVTI-US : January 13, 2017 (NASDAQ:CVTI)
www.capitalcube.com - January 13 at 5:23 PM
finance.yahoo.com logoWhat Makes Covenant Transportation (CVTI) a Strong Sell? (NASDAQ:CVTI)
finance.yahoo.com - January 11 at 5:02 PM
realistinvestor.com logoCovenant Transportation Group, Inc. (NASDAQ:CVTI) Is Expected To Post EPS Of $0.73 - RealistInvestor.com (NASDAQ:CVTI)
www.realistinvestor.com - January 9 at 2:30 AM
investornewswire.com logoSentiments And Ratings Alert: Covenant Transportation Group, Inc. (NASDAQ:CVTI) - Investor Newswire (NASDAQ:CVTI)
www.investornewswire.com - January 6 at 5:01 PM
marketexclusive.com logoAnalyst Downgrades – Covenant Transportation Group (NASDAQ:CVTI) Stock Gets Downgraded By Stifel Nicolaus ... - Market Exclusive (NASDAQ:CVTI)
marketexclusive.com - January 6 at 5:01 PM
marketexclusive.com logoAnalyst Downgrades – Covenant Transportation Group (NASDAQ:CVTI) Stock Gets Downgraded By Stifel Nicolaus from Buy to Hold (NASDAQ:CVTI)
marketexclusive.com - January 5 at 10:20 PM
finance.yahoo.com logoCovenant Transport downgraded by Stifel (NASDAQ:CVTI)
finance.yahoo.com - January 5 at 5:19 PM
marketexclusive.com logoAnalyst Downgrades – Covenant Transportation Group (NASDAQ:CVTI) Stock Gets Downgraded By Stephens from ... - Market Exclusive (NASDAQ:CVTI)
marketexclusive.com - January 5 at 6:16 AM
News IconCovenant Transportation Group Selects ORBCOMM for Cold Chain Telematics Solution (NASDAQ:CVTI)
www.iotevolutionworld.com - December 30 at 5:00 PM
streetinsider.com logoORBCOMM (ORBC) Selected by Covenant Transportation Group for Fleet Wide Cold Chain Telematics Solution (NASDAQ:CVTI)
www.streetinsider.com - December 28 at 12:01 PM
finance.yahoo.com logoCovenant Transportation Group Selects ORBCOMM for Fleet-Wide Cold Chain Telematics Solution (NASDAQ:CVTI)
finance.yahoo.com - December 28 at 12:01 PM
investornewswire.com logoCovenant Transportation Group, Inc. (NASDAQ:CVTI) Records An Impact Score Of 0 - Investor Newswire (NASDAQ:CVTI)
www.investornewswire.com - December 23 at 4:49 PM
insidermonkey.com logoIs Covenant Transportation Group, Inc. (CVTI) A Good Stock To Buy? (NASDAQ:CVTI)
www.insidermonkey.com - December 20 at 5:19 PM

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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.

Covenant Transportation Group (NASDAQ:CVTI) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Covenant Transportation Group (NASDAQ:CVTI)

Earnings History Chart

Earnings by Quarter for Covenant Transportation Group (NASDAQ:CVTI)

Dividend History Chart

Dividend Payments by Quarter for Covenant Transportation Group (NASDAQ:CVTI)

Last Updated on 2/27/2017 by MarketBeat.com Staff