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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
SHOCKING Crypto Leak… (Ad)
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
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American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
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3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
SHOCKING Crypto Leak… (Ad)
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
A.I. Pioneer Issues Urgent Warning to Americans (Ad)
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
Secret Bull Market Starts in This Unusual Sector (Ad)
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
SHOCKING Crypto Leak… (Ad)
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
A.I. Pioneer Issues Urgent Warning to Americans (Ad)
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
Secret Bull Market Starts in This Unusual Sector (Ad)
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
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NASDAQ:CVTI

Covenant Transportation Group (CVTI) Stock Price, News & Analysis

→ Biden’s $374B Giveaway Into This Sector (From DTI) (Ad)
Free CVTI Stock Alerts
Notice: This company has been marked as potentially delisted and may not be actively trading.
Compare
Today's Range
$43.21
▼
$44.71
50-Day Range
$13.95
▼
$13.95
52-Week Range
$6.54
▼
$18.62
Volume
64,921 shs
Average Volume
210,444 shs
Market Capitalization
$763.96 million
P/E Ratio
447.10
Dividend Yield
N/A
Price Target
N/A
Stock AnalysisCompetitorsSocial Media
CVTI stock logo

About Covenant Transportation Group Stock (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.

CVTI Stock News Headlines

February 24, 2024 | msn.com
Covenant Logistics Group (CVLG) Price Target Increased by 16.25% to 71.74
January 28, 2024 | seekingalpha.com
Covenant Logistics: The Business That Keeps On Delivering
April 19, 2024 | DTI (Ad)
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
January 12, 2024 | msn.com
Covenant Logistics (CVLG) Stock Slides as Market Rises: Facts to Know Before You Trade
November 1, 2023 | benzinga.com
Covenant Logistics Named 2023 Top Company for Women to Work For in Transportation for Third Consecutive Year
October 25, 2023 | msn.com
Covenant Logistics Non-GAAP EPS of $1.13 beats by $0.01, revenue of $288.72M misses by $4.48M
July 25, 2023 | markets.businessinsider.com
Here's what Wall Street expects from Covenant Transport's earnings report
July 1, 2023 | thestreet.com
Toys 'R' Us Bondholders Form Group to Seek Covenant Relief
April 19, 2024 | DTI (Ad)
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
May 31, 2023 | benzinga.com
Food Logistics Names Covenant Logistics as Recipient of 2023 Top 3PL & Cold Storage Providers Award
April 11, 2023 | usatoday.com
Covenant School shooting in Nashville: 3 children, 3 adults dead; victims' names released
April 9, 2023 | usatoday.com
'It was truly horrific': Nashville mourns after deadly mass shooting at Covenant School
April 8, 2023 | usatoday.com
Who is the Nashville school shooter who killed six at private Christian school?
April 3, 2023 | abcnews.go.com
Nashville shooting timeline: How the massacre unfolded at the Covenant School
April 3, 2023 | usatoday.com
Nashville shooter sent chilling messages to friend from Covenant School parking lot: 'You'll probably hear about me'
March 30, 2023 | cbsnews.com
Nashville school shooting was apparently a targeted attack, police say
March 15, 2023 | stockhouse.com
Covenant's Misti Olszewski nominated as a Women in Trucking Association's Top Woman to Watch
March 8, 2023 | seekingalpha.com
Covenant Logistics: A Tough Road Ahead
February 24, 2023 | finance.yahoo.com
Covenant Logistics Group Full Year 2022 Earnings: EPS Misses Expectations
February 18, 2023 | seekingalpha.com
Covenant Logistics raises dividend by 37.5% to $0.11
January 27, 2023 | benzinga.com
Covenant Logistics Group Q4 EPS $1.37 Misses $1.41 Estimate, Sales $296.06M Beat $294.67M Estimate
January 26, 2023 | benzinga.com
Preview: Covenant Logistics Group's Earnings
January 16, 2023 | finance.yahoo.com
Covenant Capital Group Promotes Molly Viola to Vice-President of Asset Management
October 21, 2022 | seekingalpha.com
Covenant Logistics Group (CVLG) Q3 2022 Earnings Call Transcript
August 30, 2022 | finance.yahoo.com
Should Value Investors Buy Covenant Logistics Group (CVLG) Stock?
August 25, 2022 | finance.yahoo.com
Is Trending Stock Covenant Logistics Group, Inc. (CVLG) a Buy Now?
July 26, 2022 | nasdaq.com
Covenant Logistics (CVLG) Beats Q2 Earnings and Revenue Estimates
See More Headlines
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Company Calendar

Last Earnings
5/19/2020
Today
4/19/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Transportation
Industry
Trucking, Except Local
Sub-Industry
N/A
Current Symbol
NASDAQ:CVTI
CUSIP
N/A
CIK
928658
Web
www.covenanttransport.com
Phone
(423) 821-1212
Fax
N/A
Employees
5,550
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
$0.61
Trailing P/E Ratio
434.50
Forward P/E Ratio
271.56
P/E Growth
N/A
Net Income
$8.48 million
Net Margins
0.21%
Pretax Margin
N/A
Return on Equity
1.54%
Return on Assets
0.60%

Debt

Debt-to-Equity Ratio
0.88
Current Ratio
1.68
Quick Ratio
1.66

Sales & Book Value

Annual Sales
$894.53 million
Price / Sales
0.83
Cash Flow
$15.46 per share
Price / Cash Flow
2.81
Book Value
$18.91 per share
Price / Book
2.30

Miscellaneous

Outstanding Shares
17,087,000
Free Float
N/A
Market Cap
$742.43 million
Optionable
Not Optionable
Beta
1.51
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Key Executives

  • David Ray Parker
    Chairman & Chief Executive Officer
  • Joey B. Hogan
    Co-President & Chief Administrative Officer
  • John A. Tweed
    Co-President & Chief Operating Officer
  • M. Paul Bunn
    Chief Financial Officer, Secretary & EVP
  • Tracy T. Rogers
    Chief Transformation Officer & Executive VP

Key Competitors

View All Competitors

CVTI Stock Analysis - Frequently Asked Questions

How were Covenant Transportation Group's earnings last quarter?

Covenant Transportation Group, Inc. (NASDAQ:CVTI) announced its quarterly earnings results on Tuesday, May, 19th. The transportation company reported ($0.09) EPS for the quarter, topping analysts' consensus estimates of ($0.10) by $0.01. The transportation company earned $213.55 million during the quarter, compared to analyst estimates of $193.30 million. Covenant Transportation Group had a trailing twelve-month return on equity of 1.54% and a net margin of 0.21%.
Read the conference call transcript.

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).

This page (NASDAQ:CVTI) was last updated on 4/19/2024 by MarketBeat.com Staff

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