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NYSE:CVLG

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

Covenant Logistics Group logo
$30.77 -0.04 (-0.13%)
As of 03:57 PM Eastern

About Covenant Logistics Group Stock (NYSE:CVLG)

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Key Stats

Today's Range
$30.36
▼
$31.33
50-Day Range
$30.54
▼
$36.16
52-Week Range
$18.00
▼
$49.88
Volume
132,163 shs
Average Volume
156,049 shs
Market Capitalization
$780.94 million
P/E Ratio
279.75
Dividend Yield
0.91%
Price Target
$53.20
Consensus Rating
Moderate Buy

Company Overview

Covenant Logistics Group, Inc. is a transportation and logistics company headquartered in Chattanooga, Tennessee. Founded in 1986 as Covenant Transport, the company provides freight transportation and supply chain services to customers across North America.

Its operations include asset-based truckload transportation, dedicated transportation, expedited freight, refrigerated and dry-van services, brokerage, freight management, warehousing and distribution. Through these offerings, Covenant Logistics helps businesses move and manage goods while providing related supply chain and logistics support.

The company serves a range of industries and customer needs through a combination of company-owned equipment, contracted capacity and logistics services. Covenant Logistics is led by Chairman and Chief Executive Officer David R. Parker, who has been associated with the company since its founding and has held senior leadership roles for many years.

AI Generated. May Contain Errors.

Covenant Logistics Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
77th Percentile Overall Score

CVLG MarketRank™: 
3.853246753245 of 5 stars

Covenant Logistics Group scored higher than 77% of companies evaluated by MarketBeat, and ranked 280th out of 660 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Covenant Logistics Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 1 strong buy rating, 4 buy ratings, 2 hold ratings, and no sell ratings.

  • Upside Potential

    Covenant Logistics Group has a consensus price target of $53.20, representing about 72.9% upside from its current price of $30.77.

  • Amount of Analyst Coverage

    Covenant Logistics Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Covenant Logistics Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Covenant Logistics Group are expected to grow by 51.61% in the coming year, from $1.55 to $2.35 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Covenant Logistics Group is 279.75, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Covenant Logistics Group is 279.75, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 26.53.

  • Price to Book Value per Share Ratio

    Covenant Logistics Group has a P/B Ratio of 1.91. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    8.17% 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 6.48.
  • Change versus previous month

    Short interest in Covenant Logistics Group has recently increased by 2.25%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Covenant Logistics Group has a dividend yield of 0.89%, which is in 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 254.55%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Covenant Logistics Group will have a dividend payout ratio of 11.91% next year. This indicates that Covenant Logistics Group will be able to sustain or increase its dividend.

  • Read more about Covenant Logistics Group's dividend.
    • Insider Buying vs. Insider Selling

      In the past three months, Covenant Logistics Group insiders have not sold or bought any company stock.

    • Percentage Held by Insiders

      36.70% 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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    Covenant Logistics Group Announces Quarterly Cash Dividend
    See More Headlines

    CVLG Stock Analysis - Frequently Asked Questions

    Covenant Logistics Group's stock was trading at $22.07 on January 1st, 2026. Since then, CVLG stock has increased by 39.4% and is now trading at $30.77.

    Covenant Logistics Group, Inc. (NYSE:CVLG) released its quarterly earnings results on Wednesday, July, 29th. The company reported $0.42 EPS for the quarter. The business had revenue of $332.87 million for the quarter. Covenant Logistics Group had a net margin of 0.31% and a trailing twelve-month return on equity of 9.14%.
    Read the conference call transcript
    .

    Shares of Covenant Logistics Group split on Thursday, January 2nd 2025.The 2-1 split was announced on Friday, December 6th 2024. The newly created shares were issued 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.

    Covenant Logistics Group's top institutional investors include State of Alaska Department of Revenue (0.01%) and Copeland Capital Management LLC (0.01%). Insiders that own company stock include David Ray Parker, Bradley A Moline, Joey B Hogan, Samuel F Hough, Herbert J Schmidt, D Michael Kramer, Matisse Long and Joey Ballard.
    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.

    Based on aggregate information from My MarketBeat watchlists, some other companies that Covenant Logistics Group investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU), Tesla (TSLA), Bloom Energy (BE), GE Aerospace (GE) and NIO (NIO).

    Company Calendar

    Last Earnings
    7/29/2026
    Today
    10/16/2026
    Fiscal Year End
    12/31/2026

    Industry, Sector and Symbol

    Stock Exchange
    NYSE
    Industry
    Ground Transportation
    Sub-Industry
    Cargo Ground Transportation
    Current Symbol
    NYSE:CVLG
    Previous Symbol
    NYSE:CVLG
    CIK
    928658
    Employees
    4,700
    Year Founded
    1986

    Price Target and Rating

    High Price Target
    $60.00
    Low Price Target
    $42.00
    Potential Upside/Downside
    +72.9%
    Consensus Rating
    Moderate Buy
    Rating Score (0-4)
    2.86
    Research Coverage
    7 Analysts

    Profitability

    EPS (Trailing Twelve Months)
    $0.11
    Trailing P/E Ratio
    279.75
    Forward P/E Ratio
    19.85
    P/E Growth
    N/A
    Net Income
    $7.24 million
    Net Margins
    0.31%
    Pretax Margin
    0.07%
    Return on Equity
    9.14%
    Return on Assets
    3.68%

    Debt

    Debt-to-Equity Ratio
    0.55
    Current Ratio
    1.14
    Quick Ratio
    1.10

    Sales & Book Value

    Annual Sales
    $1.16 billion
    Price / Sales
    0.67
    Cash Flow
    $5.22 per share
    Price / Cash Flow
    5.89
    Book Value
    $16.11 per share
    Price / Book
    1.91

    Miscellaneous

    Outstanding Shares
    25,380,000
    Free Float
    16,064,000
    Market Cap
    $780.94 million
    Optionable
    N/A
    Beta
    1.39

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    This page (NYSE:CVLG) was last updated on 10/16/2026 by MarketBeat.com Staff.
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