NASDAQ:CVTI Covenant Transportation Group Stock Forecast, Price & News Notice: This company has been marked as potentially delisted and may not be actively trading. Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Covenant Transportation Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Add Compare Share Today's Range$13.73▼$14.4450-Day Range$13.95▼$13.9552-Week Range$6.54▼$18.62Volume226,700 shsAverage Volume210,444 shsMarket Capitalization$238.36 millionP/E Ratio139.50Dividend YieldN/APrice TargetN/A ProfileDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Receive CVTI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Covenant Transportation Group and its competitors with MarketBeat's FREE daily newsletter. Email Address CVTI Stock Forecast (MarketRank)Overall MarketRank™1.80 out of 5 starsTransportation Sector100th out of 169 stocksTrucking, Except Local Industry14th out of 18 stocksAnalyst Opinion: 0.0Community Rank: 4.0Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 - 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Covenant Transportation Group. Previous Next 4.0 Community Rank Outperform VotesCovenant Transportation Group has received 278 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCovenant Transportation Group has received 192 “underperform” votes. (Add your “underperform” vote.)Community SentimentCovenant Transportation Group has received 59.15% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Covenant Transportation Group and other stocks. Vote “Outperform” if you believe CVTI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CVTI will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldCovenant Transportation Group does not currently pay a dividend.Dividend GrowthCovenant Transportation Group does not have a long track record of dividend growth. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Covenant Transportation Group insiders have not sold or bought any company stock.Percentage Held by Insiders32.50% of the stock of Covenant Transportation Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions53.62% of the stock of Covenant Transportation Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Covenant Transportation Group are expected to grow by 600.00% in the coming year, from $0.16 to $1.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Covenant Transportation Group is 139.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Covenant Transportation Group is 139.50, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 5.96.Price to Book Value per Share RatioCovenant Transportation Group has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Covenant Transportation Group (NASDAQ:CVTI)Covenant Logistics Group, Inc. is a holding company, which engages in the provision of freight and logistics services. It operates through the following segments: Highway Services and Dedicated Contract Services. The Highway Services Segment includes two separate service offerings: Expedited Services (""Expedited"") and Over-the-Road Services (""OTR""), both of which transport one-way freight over nonroutine routes. The Dedicated Contract Services Segment provides similar transportation services, but does so pursuant to agreements whereby equipment available to a specific customer for shipments over particular routes at specified times. The company was founded by David Ray Parker in 1985 and is headquartered in Chattanooga, TN.Read More CVTI Stock News HeadlinesMay 19, 2022 | seekingalpha.comCovenant Logistics announces $75M stock buyback program, real estate sale, dividendMay 12, 2022 | bizjournals.comAurora announces collaboration with Covenant Logistics GroupJanuary 17, 2022 | thestreet.com4 Stocks Spiking on Big Volume: Hain Celestial, Enova International and MoreOctober 26, 2021 | finance.yahoo.comIs Covenant Transportation (CVTI) Stock Undervalued Right Now?July 7, 2021 | msn.com'A tipping point': Head of Alberta nurses' union says members angered by three per cent wage rollback proposalJuly 7, 2021 | msn.comAlberta nurses' union says latest contract proposal from government includes three per cent rollback in payJune 30, 2021 | msn.comAlaska Air (ALK) Arm Inks Codeshare Deal With Qatar AirwaysJune 25, 2021 | msn.comThe Daily 202: Biden has a lot more bridge-building to do on infrastructure dealJune 23, 2021 | msn.comDelta (DAL) Expands Codeshare Agreement With Kenya AirwaysJune 14, 2021 | msn.comUnited Airlines (UAL) Spares Flight Attendants From FurloughsJune 10, 2021 | msn.comJetBlue (JBLU) Improves Q2 Revenue View on Enhanced BookingsMay 29, 2021 | finanznachrichten.deThe Organization for Ethical Source Takes on Stewardship of Contributor CovenantMay 26, 2021 | msn.comHundreds join campaign against plans to expand Hough End leisure centre and build fenced-off sports pitches on open fieldsSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Trucking, except local Sub-IndustryN/A SectorTransportation Current SymbolNASDAQ:CVTI CUSIPN/A CIK928658 Webwww.covenanttransport.com Phone(423) 821-1212FaxN/AEmployees5,550Year FoundedN/ACompany Calendar Last Earnings5/19/2020Today6/27/2022Profitability EPS (Most Recent Fiscal Year)$0.61 Trailing P/E Ratio139.50 Forward P/E Ratio87.19 P/E GrowthN/ANet Income$8.48 million Net Margins0.21% Pretax MarginN/A Return on Equity1.54% Return on Assets0.60% Debt Debt-to-Equity Ratio0.88 Current Ratio1.68 Quick Ratio1.66 Sales & Book Value Annual Sales$894.53 million Price / Sales0.27 Cash Flow$4.96 per share Price / Cash Flow2.81 Book Value$18.91 per share Price / Book0.74Miscellaneous Outstanding Shares17,087,000Free FloatN/AMarket Cap$238.36 million OptionableOptionable Beta1.51 Covenant Transportation Group Frequently Asked Questions How were Covenant Transportation Group's earnings last quarter? Covenant Transportation Group, Inc. (NASDAQ:CVTI) posted its earnings results on Tuesday, May, 19th. The transportation company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.01. The transportation company earned $213.55 million during the quarter, compared to the consensus estimate of $193.30 million. Covenant Transportation Group had a net margin of 0.21% and a trailing twelve-month return on equity of 1.54%. View Covenant Transportation Group's earnings history. Who are Covenant Transportation Group's key executives? Covenant Transportation Group's management team includes the following people: David Ray Parker, Chairman & Chief Executive OfficerJoey B. Hogan, Co-President & Chief Administrative OfficerJohn A. Tweed, Co-President & Chief Operating OfficerM. Paul Bunn, Chief Financial Officer, Secretary & EVPTracy T. Rogers, Chief Transformation Officer & Executive VP Who are some of Covenant Transportation Group's key competitors? Some companies that are related to Covenant Transportation Group include Universal Logistics (ULH), P.A.M. Transportation Services (PTSI), Covenant Logistics Group (CVLG), USA Truck (USAK), Yellow (YELL), U.S. Xpress Enterprises (USX), Celadon Group (CGIPQ), Celadon Group (CGIP) and Smart Move (SMVE). View all of CVTI's competitors. What other stocks do shareholders of Covenant Transportation Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Covenant Transportation Group investors own include Intel (INTC), NXP Semiconductors (NXPI), Pfizer (PFE), NVIDIA (NVDA), Target (TGT), Advanced Micro Devices (AMD), Alibaba Group (BABA), Inovio Pharmaceuticals (INO), Micron Technology (MU) and AT&T (T). What is Covenant Transportation Group's stock symbol? Covenant Transportation Group trades on the NASDAQ under the ticker symbol "CVTI." What is Covenant Transportation Group's stock price today? One share of CVTI stock can currently be purchased for approximately $13.95. How much money does Covenant Transportation Group make? Covenant Transportation Group (NASDAQ:CVTI) has a market capitalization of $238.36 million and generates $894.53 million in revenue each year. The transportation company earns $8.48 million in net income (profit) each year or $0.61 on an earnings per share basis. How many employees does Covenant Transportation Group have? Covenant Transportation Group employs 5,550 workers across the globe. How can I contact Covenant Transportation Group? Covenant Transportation Group's mailing address is 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN, 37419. The official website for Covenant Transportation Group is www.covenanttransport.com. The transportation company can be reached via phone at (423) 821-1212 or via email at [email protected]. This page (NASDAQ:CVTI) was last updated on 6/27/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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