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Covenant Logistics Group (CVLG) Competitors

Covenant Logistics Group logo
$35.56 +0.29 (+0.82%)
As of 09/11/2026 03:58 PM Eastern

CVLG vs. RXO, ARCB, WERN, MRTN, and HTLD

Should you buy Covenant Logistics Group stock or one of its competitors? Covenant Logistics Group's main competitors and comparable companies include RXO (RXO), ArcBest (ARCB), Werner Enterprises (WERN), Marten Transport (MRTN), and Heartland Express (HTLD). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "cargo ground transportation" industry.

How does Covenant Logistics Group compare to RXO?

RXO (NYSE:RXO) and Covenant Logistics Group (NYSE:CVLG) are both industrials companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, dividends, media sentiment, earnings, profitability, analyst recommendations, valuation and risk.

Covenant Logistics Group has lower revenue, but higher earnings than RXO. RXO is trading at a lower price-to-earnings ratio than Covenant Logistics Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
RXO$6.09B0.53-$100M-$0.61N/A
Covenant Logistics Group$1.16B0.78$7.24M$0.11323.27

RXO has a beta of 2.1, suggesting that its stock price is 110% more volatile than the broader market. Comparatively, Covenant Logistics Group has a beta of 1.29, suggesting that its stock price is 29% more volatile than the broader market.

RXO currently has a consensus price target of $23.91, suggesting a potential upside of 22.91%. Covenant Logistics Group has a consensus price target of $51.80, suggesting a potential upside of 45.67%. Given Covenant Logistics Group's stronger consensus rating and higher possible upside, analysts clearly believe Covenant Logistics Group is more favorable than RXO.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
RXO
4 Sell rating(s)
9 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.11
Covenant Logistics Group
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.86

In the previous week, RXO had 1 more articles in the media than Covenant Logistics Group. MarketBeat recorded 4 mentions for RXO and 3 mentions for Covenant Logistics Group. RXO's average media sentiment score of 0.58 beat Covenant Logistics Group's score of -0.55 indicating that RXO is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
RXO
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Covenant Logistics Group
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Negative

Covenant Logistics Group has a net margin of 0.31% compared to RXO's net margin of -1.72%. Covenant Logistics Group's return on equity of 9.14% beat RXO's return on equity.

Company Net Margins Return on Equity Return on Assets
RXO-1.72% -0.98% -0.45%
Covenant Logistics Group 0.31%9.14%3.68%

92.7% of RXO shares are owned by institutional investors. Comparatively, 83.7% of Covenant Logistics Group shares are owned by institutional investors. 0.8% of RXO shares are owned by insiders. Comparatively, 36.7% of Covenant Logistics Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

Covenant Logistics Group beats RXO on 11 of the 17 factors compared between the two stocks.

How does Covenant Logistics Group compare to ArcBest?

ArcBest (NASDAQ:ARCB) and Covenant Logistics Group (NYSE:CVLG) are both industrials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, media sentiment, risk, profitability, valuation and earnings.

ArcBest has a beta of 1.55, indicating that its stock price is 55% more volatile than the broader market. Comparatively, Covenant Logistics Group has a beta of 1.29, indicating that its stock price is 29% more volatile than the broader market.

ArcBest presently has a consensus target price of $154.23, suggesting a potential upside of 14.36%. Covenant Logistics Group has a consensus target price of $51.80, suggesting a potential upside of 45.67%. Given Covenant Logistics Group's stronger consensus rating and higher possible upside, analysts clearly believe Covenant Logistics Group is more favorable than ArcBest.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ArcBest
0 Sell rating(s)
7 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.60
Covenant Logistics Group
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.86

ArcBest has higher revenue and earnings than Covenant Logistics Group. ArcBest is trading at a lower price-to-earnings ratio than Covenant Logistics Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ArcBest$4.01B0.75$60.10M$0.69195.45
Covenant Logistics Group$1.16B0.78$7.24M$0.11323.27

In the previous week, ArcBest had 4 more articles in the media than Covenant Logistics Group. MarketBeat recorded 7 mentions for ArcBest and 3 mentions for Covenant Logistics Group. ArcBest's average media sentiment score of 1.17 beat Covenant Logistics Group's score of -0.55 indicating that ArcBest is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ArcBest
4 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Covenant Logistics Group
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Negative

ArcBest has a net margin of 0.39% compared to Covenant Logistics Group's net margin of 0.31%. Covenant Logistics Group's return on equity of 9.14% beat ArcBest's return on equity.

Company Net Margins Return on Equity Return on Assets
ArcBest0.39% 7.92% 4.15%
Covenant Logistics Group 0.31%9.14%3.68%

ArcBest pays an annual dividend of $0.48 per share and has a dividend yield of 0.4%. Covenant Logistics Group pays an annual dividend of $0.28 per share and has a dividend yield of 0.8%. ArcBest pays out 69.6% of its earnings in the form of a dividend. Covenant Logistics Group pays out 254.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Covenant Logistics Group has raised its dividend for 1 consecutive years. Covenant Logistics Group is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

99.3% of ArcBest shares are held by institutional investors. Comparatively, 83.7% of Covenant Logistics Group shares are held by institutional investors. 1.0% of ArcBest shares are held by insiders. Comparatively, 36.7% of Covenant Logistics Group shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

ArcBest beats Covenant Logistics Group on 11 of the 19 factors compared between the two stocks.

How does Covenant Logistics Group compare to Werner Enterprises?

Werner Enterprises (NASDAQ:WERN) and Covenant Logistics Group (NYSE:CVLG) are both industrials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, institutional ownership, profitability, media sentiment, risk, valuation and earnings.

89.3% of Werner Enterprises shares are held by institutional investors. Comparatively, 83.7% of Covenant Logistics Group shares are held by institutional investors. 1.3% of Werner Enterprises shares are held by company insiders. Comparatively, 36.7% of Covenant Logistics Group shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Covenant Logistics Group has lower revenue, but higher earnings than Werner Enterprises. Werner Enterprises is trading at a lower price-to-earnings ratio than Covenant Logistics Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Werner Enterprises$2.97B0.75-$14.40M-$0.76N/A
Covenant Logistics Group$1.16B0.78$7.24M$0.11323.27

In the previous week, Werner Enterprises had 1 more articles in the media than Covenant Logistics Group. MarketBeat recorded 4 mentions for Werner Enterprises and 3 mentions for Covenant Logistics Group. Werner Enterprises' average media sentiment score of 1.08 beat Covenant Logistics Group's score of -0.55 indicating that Werner Enterprises is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Werner Enterprises
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Covenant Logistics Group
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Negative

Werner Enterprises has a beta of 1.27, meaning that its stock price is 27% more volatile than the broader market. Comparatively, Covenant Logistics Group has a beta of 1.29, meaning that its stock price is 29% more volatile than the broader market.

Werner Enterprises currently has a consensus price target of $41.54, suggesting a potential upside of 11.42%. Covenant Logistics Group has a consensus price target of $51.80, suggesting a potential upside of 45.67%. Given Covenant Logistics Group's stronger consensus rating and higher probable upside, analysts clearly believe Covenant Logistics Group is more favorable than Werner Enterprises.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Werner Enterprises
3 Sell rating(s)
8 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.19
Covenant Logistics Group
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.86

Werner Enterprises pays an annual dividend of $0.56 per share and has a dividend yield of 1.5%. Covenant Logistics Group pays an annual dividend of $0.28 per share and has a dividend yield of 0.8%. Werner Enterprises pays out -73.7% of its earnings in the form of a dividend. Covenant Logistics Group pays out 254.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Werner Enterprises has increased its dividend for 4 consecutive years and Covenant Logistics Group has increased its dividend for 1 consecutive years. Werner Enterprises is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Covenant Logistics Group has a net margin of 0.31% compared to Werner Enterprises' net margin of -1.42%. Covenant Logistics Group's return on equity of 9.14% beat Werner Enterprises' return on equity.

Company Net Margins Return on Equity Return on Assets
Werner Enterprises-1.42% 1.18% 0.52%
Covenant Logistics Group 0.31%9.14%3.68%

Summary

Covenant Logistics Group beats Werner Enterprises on 11 of the 18 factors compared between the two stocks.

How does Covenant Logistics Group compare to Marten Transport?

Marten Transport (NASDAQ:MRTN) and Covenant Logistics Group (NYSE:CVLG) are both small-cap industrials companies, but which is the superior stock? We will contrast the two businesses based on the strength of their media sentiment, analyst recommendations, institutional ownership, earnings, valuation, profitability, risk and dividends.

Marten Transport pays an annual dividend of $0.24 per share and has a dividend yield of 1.7%. Covenant Logistics Group pays an annual dividend of $0.28 per share and has a dividend yield of 0.8%. Marten Transport pays out 141.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Covenant Logistics Group pays out 254.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Covenant Logistics Group has raised its dividend for 1 consecutive years. Marten Transport is clearly the better dividend stock, given its higher yield and lower payout ratio.

Marten Transport has a beta of 0.95, indicating that its share price is 5% less volatile than the broader market. Comparatively, Covenant Logistics Group has a beta of 1.29, indicating that its share price is 29% more volatile than the broader market.

Marten Transport has higher earnings, but lower revenue than Covenant Logistics Group. Marten Transport is trading at a lower price-to-earnings ratio than Covenant Logistics Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Marten Transport$883.65M1.28$17.44M$0.1781.18
Covenant Logistics Group$1.16B0.78$7.24M$0.11323.27

69.1% of Marten Transport shares are held by institutional investors. Comparatively, 83.7% of Covenant Logistics Group shares are held by institutional investors. 22.6% of Marten Transport shares are held by company insiders. Comparatively, 36.7% of Covenant Logistics Group shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Covenant Logistics Group had 1 more articles in the media than Marten Transport. MarketBeat recorded 3 mentions for Covenant Logistics Group and 2 mentions for Marten Transport. Marten Transport's average media sentiment score of 1.79 beat Covenant Logistics Group's score of -0.55 indicating that Marten Transport is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Marten Transport
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Covenant Logistics Group
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Negative

Marten Transport has a net margin of 1.47% compared to Covenant Logistics Group's net margin of 0.31%. Covenant Logistics Group's return on equity of 9.14% beat Marten Transport's return on equity.

Company Net Margins Return on Equity Return on Assets
Marten Transport1.47% 1.65% 1.32%
Covenant Logistics Group 0.31%9.14%3.68%

Marten Transport presently has a consensus price target of $16.00, suggesting a potential upside of 15.94%. Covenant Logistics Group has a consensus price target of $51.80, suggesting a potential upside of 45.67%. Given Covenant Logistics Group's stronger consensus rating and higher probable upside, analysts clearly believe Covenant Logistics Group is more favorable than Marten Transport.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Marten Transport
0 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50
Covenant Logistics Group
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.86

Summary

Covenant Logistics Group beats Marten Transport on 12 of the 19 factors compared between the two stocks.

How does Covenant Logistics Group compare to Heartland Express?

Covenant Logistics Group (NYSE:CVLG) and Heartland Express (NASDAQ:HTLD) are both small-cap industrials companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, media sentiment, analyst recommendations, dividends, earnings and profitability.

83.7% of Covenant Logistics Group shares are held by institutional investors. Comparatively, 53.5% of Heartland Express shares are held by institutional investors. 36.7% of Covenant Logistics Group shares are held by insiders. Comparatively, 41.6% of Heartland Express shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Covenant Logistics Group has a net margin of 0.31% compared to Heartland Express' net margin of -2.98%. Covenant Logistics Group's return on equity of 9.14% beat Heartland Express' return on equity.

Company Net Margins Return on Equity Return on Assets
Covenant Logistics Group0.31% 9.14% 3.68%
Heartland Express -2.98%-0.92%-0.58%

Covenant Logistics Group pays an annual dividend of $0.28 per share and has a dividend yield of 0.8%. Heartland Express pays an annual dividend of $0.08 per share and has a dividend yield of 0.6%. Covenant Logistics Group pays out 254.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Heartland Express pays out -28.6% of its earnings in the form of a dividend. Covenant Logistics Group has raised its dividend for 1 consecutive years. Covenant Logistics Group is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Covenant Logistics Group has higher revenue and earnings than Heartland Express. Heartland Express is trading at a lower price-to-earnings ratio than Covenant Logistics Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Covenant Logistics Group$1.16B0.78$7.24M$0.11323.27
Heartland Express$805.71M1.18-$52.45M-$0.28N/A

Covenant Logistics Group has a beta of 1.29, suggesting that its stock price is 29% more volatile than the broader market. Comparatively, Heartland Express has a beta of 1.33, suggesting that its stock price is 33% more volatile than the broader market.

Covenant Logistics Group currently has a consensus target price of $51.80, indicating a potential upside of 45.67%. Heartland Express has a consensus target price of $13.00, indicating a potential upside of 5.35%. Given Covenant Logistics Group's stronger consensus rating and higher probable upside, equities research analysts plainly believe Covenant Logistics Group is more favorable than Heartland Express.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Covenant Logistics Group
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.86
Heartland Express
3 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.71

In the previous week, Heartland Express had 5 more articles in the media than Covenant Logistics Group. MarketBeat recorded 8 mentions for Heartland Express and 3 mentions for Covenant Logistics Group. Heartland Express' average media sentiment score of 0.59 beat Covenant Logistics Group's score of -0.55 indicating that Heartland Express is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Covenant Logistics Group
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Negative
Heartland Express
3 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Covenant Logistics Group beats Heartland Express on 14 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CVLG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CVLG vs. The Competition

MetricCovenant Logistics GroupGround Transportation IndustryIndustrials SectorNYSE Exchange
Market Cap$895.07M$20.81B$10.20B$23.20B
Dividend Yield0.79%2.10%97.17%3.56%
P/E Ratio323.3041.1725.7528.69
Price / Sales0.782.23459.50102.56
Price / Cash6.7442.5023.7133.82
Price / Book2.213.364.844.74
Net Income$7.24M$989.25M$612.22M$1.07B
7 Day Performance1.31%-2.07%-1.56%-1.99%
1 Month Performance4.34%-0.24%-3.85%-2.68%
1 Year Performance54.47%10.97%6.34%10.45%

Covenant Logistics Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVLG
Covenant Logistics Group
3.6635 of 5 stars
$35.56
+0.8%
$51.80
+45.7%
+50.0%$895.07M$1.16B323.304,700
RXO
RXO
2.4612 of 5 stars
$20.02
+0.5%
$23.91
+19.5%
+13.4%$3.29B$5.74BN/A9,218
ARCB
ArcBest
4.1924 of 5 stars
$136.20
-1.4%
$154.23
+13.2%
+83.9%$3.09B$4.01B197.3914,000
WERN
Werner Enterprises
2.9284 of 5 stars
$38.89
-2.3%
$41.54
+6.8%
+29.9%$2.39B$2.97BN/A8,677
MRTN
Marten Transport
3.4845 of 5 stars
$14.01
-2.0%
$16.00
+14.2%
+15.4%$1.17B$883.65M82.413,502

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This page (NYSE:CVLG) was last updated on 9/12/2026 by MarketBeat.com Staff.
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