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Covenant Logistics Group (CVLG) Competitors

Covenant Logistics Group logo
$35.20 +0.47 (+1.35%)
As of 08/21/2026 03:58 PM Eastern

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

Should you buy Covenant Logistics Group stock or one of its competitors? Covenant Logistics Group's main competitors and comparable companies include ArcBest (ARCB), Werner Enterprises (WERN), Marten Transport (MRTN), Heartland Express (HTLD), and Universal Logistics (ULH). 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 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 companies based on the strength of their profitability, analyst recommendations, media sentiment, earnings, institutional ownership, dividends, valuation and risk.

ArcBest pays an annual dividend of $0.48 per share and has a dividend yield of 0.3%. 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 increased 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.

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%

99.3% of ArcBest shares are owned by institutional investors. Comparatively, 83.7% of Covenant Logistics Group shares are owned by institutional investors. 1.0% of ArcBest shares are owned by company insiders. Comparatively, 36.7% of Covenant Logistics Group shares are owned by company 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.

In the previous week, ArcBest had 2 more articles in the media than Covenant Logistics Group. MarketBeat recorded 6 mentions for ArcBest and 4 mentions for Covenant Logistics Group. ArcBest's average media sentiment score of 1.07 beat Covenant Logistics Group's score of 0.52 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)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

ArcBest has a beta of 1.57, suggesting that its share price is 57% more volatile than the broader market. Comparatively, Covenant Logistics Group has a beta of 1.32, suggesting that its share price is 32% more volatile than the broader market.

ArcBest presently has a consensus target price of $154.23, indicating a potential upside of 9.90%. Covenant Logistics Group has a consensus target price of $51.80, indicating a potential upside of 47.16%. Given Covenant Logistics Group's stronger consensus rating and higher probable upside, analysts plainly 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
1 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
2 Strong Buy rating(s)
3.00

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$4.01B0.78$60.10M$0.69203.39
Covenant Logistics Group$1.16B0.77$7.24M$0.11320.00

Summary

ArcBest beats Covenant Logistics Group on 12 of the 20 factors compared between the two stocks.

How does Covenant Logistics Group compare to Werner Enterprises?

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

Covenant Logistics Group pays an annual dividend of $0.28 per share and has a dividend yield of 0.8%. Werner Enterprises pays an annual dividend of $0.56 per share and has a dividend yield of 1.4%. 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 pays out -73.7% of its earnings in the form of a dividend. Covenant Logistics Group has raised its dividend for 1 consecutive years and Werner Enterprises has raised its dividend for 4 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 higher earnings, but lower revenue 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
Covenant Logistics Group$1.16B0.77$7.24M$0.11320.00
Werner Enterprises$2.97B0.78-$14.40M-$0.76N/A

83.7% of Covenant Logistics Group shares are owned by institutional investors. Comparatively, 89.3% of Werner Enterprises shares are owned by institutional investors. 36.7% of Covenant Logistics Group shares are owned by company insiders. Comparatively, 1.3% of Werner Enterprises shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term 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
Covenant Logistics Group0.31% 9.14% 3.68%
Werner Enterprises -1.42%1.18%0.52%

In the previous week, Werner Enterprises had 2 more articles in the media than Covenant Logistics Group. MarketBeat recorded 6 mentions for Werner Enterprises and 4 mentions for Covenant Logistics Group. Werner Enterprises' average media sentiment score of 1.40 beat Covenant Logistics Group's score of 0.52 indicating that Werner Enterprises 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)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Werner Enterprises
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Covenant Logistics Group presently has a consensus price target of $51.80, indicating a potential upside of 47.16%. Werner Enterprises has a consensus price target of $41.54, indicating a potential upside of 6.84%. Given Covenant Logistics Group's stronger consensus rating and higher probable upside, equities analysts plainly believe Covenant Logistics Group is more favorable than Werner Enterprises.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Covenant Logistics Group
1 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
2 Strong Buy rating(s)
3.00
Werner Enterprises
3 Sell rating(s)
8 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.19

Covenant Logistics Group has a beta of 1.32, indicating that its share price is 32% more volatile than the broader market. Comparatively, Werner Enterprises has a beta of 1.27, indicating that its share price is 27% more volatile than the broader market.

Summary

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

How does Covenant Logistics Group compare to Marten Transport?

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

Marten Transport has lower revenue, but higher earnings 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
Covenant Logistics Group$1.16B0.77$7.24M$0.11320.00
Marten Transport$857.65M1.42$17.44M$0.1787.82

83.7% of Covenant Logistics Group shares are held by institutional investors. Comparatively, 69.1% of Marten Transport shares are held by institutional investors. 36.7% of Covenant Logistics Group shares are held by insiders. Comparatively, 22.6% of Marten Transport shares are held by 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.

Covenant Logistics Group has a beta of 1.32, meaning that its stock price is 32% more volatile than the broader market. Comparatively, Marten Transport has a beta of 0.95, meaning that its stock price is 5% less volatile than the broader market.

In the previous week, Marten Transport had 2 more articles in the media than Covenant Logistics Group. MarketBeat recorded 6 mentions for Marten Transport and 4 mentions for Covenant Logistics Group. Marten Transport's average media sentiment score of 1.28 beat Covenant Logistics Group's score of 0.52 indicating that Marten Transport 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)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Marten Transport
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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
Covenant Logistics Group0.31% 9.14% 3.68%
Marten Transport 1.47%1.65%1.32%

Covenant Logistics Group currently has a consensus price target of $51.80, suggesting a potential upside of 47.16%. Marten Transport has a consensus price target of $16.00, suggesting a potential upside of 7.17%. Given Covenant Logistics Group's stronger consensus rating and higher probable upside, equities analysts plainly believe Covenant Logistics Group is more favorable than Marten Transport.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Covenant Logistics Group
1 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
2 Strong Buy rating(s)
3.00
Marten Transport
0 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50

Covenant Logistics Group pays an annual dividend of $0.28 per share and has a dividend yield of 0.8%. Marten Transport pays an annual dividend of $0.24 per share and has a dividend yield of 1.6%. 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. 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 has increased its dividend for 1 consecutive years. Marten Transport is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Covenant Logistics Group beats Marten Transport on 12 of the 20 factors compared between the two stocks.

How does Covenant Logistics Group compare to Heartland Express?

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

In the previous week, Covenant Logistics Group had 3 more articles in the media than Heartland Express. MarketBeat recorded 4 mentions for Covenant Logistics Group and 1 mentions for Heartland Express. Covenant Logistics Group's average media sentiment score of 0.52 beat Heartland Express' score of 0.00 indicating that Covenant Logistics Group is being referred to more favorably in the news media.

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

Heartland Express has a beta of 1.33, suggesting that its share price is 33% more volatile than the broader market. Comparatively, Covenant Logistics Group has a beta of 1.32, suggesting that its share price is 32% more volatile than the broader market.

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
Heartland Express-2.98% -0.92% -0.58%
Covenant Logistics Group 0.31%9.14%3.68%

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
Heartland Express$805.71M1.23-$52.45M-$0.28N/A
Covenant Logistics Group$1.16B0.77$7.24M$0.11320.00

53.5% of Heartland Express shares are held by institutional investors. Comparatively, 83.7% of Covenant Logistics Group shares are held by institutional investors. 41.6% of Heartland Express shares are held by insiders. Comparatively, 36.7% of Covenant Logistics Group shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Heartland Express pays an annual dividend of $0.08 per share and has a dividend yield of 0.6%. Covenant Logistics Group pays an annual dividend of $0.28 per share and has a dividend yield of 0.8%. Heartland Express pays out -28.6% 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 increased 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.

Heartland Express presently has a consensus target price of $13.00, indicating a potential upside of 1.25%. Covenant Logistics Group has a consensus target price of $51.80, indicating a potential upside of 47.16%. Given Covenant Logistics Group's stronger consensus rating and higher probable upside, analysts clearly believe Covenant Logistics Group is more favorable than Heartland Express.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Heartland Express
3 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.00
Covenant Logistics Group
1 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
2 Strong Buy rating(s)
3.00

Summary

Covenant Logistics Group beats Heartland Express on 16 of the 20 factors compared between the two stocks.

How does Covenant Logistics Group compare to Universal Logistics?

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

Universal Logistics pays an annual dividend of $0.42 per share and has a dividend yield of 2.2%. Covenant Logistics Group pays an annual dividend of $0.28 per share and has a dividend yield of 0.8%. Universal Logistics pays out -22.8% 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. Universal Logistics is clearly the better dividend stock, given its higher yield and lower payout ratio.

25.5% of Universal Logistics shares are owned by institutional investors. Comparatively, 83.7% of Covenant Logistics Group shares are owned by institutional investors. 73.5% of Universal Logistics shares are owned by company insiders. Comparatively, 36.7% of Covenant Logistics Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Covenant Logistics Group has lower revenue, but higher earnings than Universal Logistics. Universal Logistics 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
Universal Logistics$1.56B0.32-$99.87M-$1.84N/A
Covenant Logistics Group$1.16B0.77$7.24M$0.11320.00

Universal Logistics presently has a consensus price target of $15.00, suggesting a potential downside of 21.63%. Covenant Logistics Group has a consensus price target of $51.80, suggesting a potential upside of 47.16%. Given Covenant Logistics Group's stronger consensus rating and higher probable upside, analysts plainly believe Covenant Logistics Group is more favorable than Universal Logistics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Universal Logistics
2 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.33
Covenant Logistics Group
1 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
2 Strong Buy rating(s)
3.00

In the previous week, Covenant Logistics Group had 4 more articles in the media than Universal Logistics. MarketBeat recorded 4 mentions for Covenant Logistics Group and 0 mentions for Universal Logistics. Covenant Logistics Group's average media sentiment score of 0.52 beat Universal Logistics' score of 0.30 indicating that Covenant Logistics Group is being referred to more favorably in the news media.

Company Overall Sentiment
Universal Logistics Neutral
Covenant Logistics Group Positive

Universal Logistics has a beta of 0.69, indicating that its stock price is 31% less volatile than the broader market. Comparatively, Covenant Logistics Group has a beta of 1.32, indicating that its stock price is 32% more volatile than the broader market.

Covenant Logistics Group has a net margin of 0.31% compared to Universal Logistics' net margin of -3.16%. Covenant Logistics Group's return on equity of 9.14% beat Universal Logistics' return on equity.

Company Net Margins Return on Equity Return on Assets
Universal Logistics-3.16% 1.99% 0.62%
Covenant Logistics Group 0.31%9.14%3.68%

Summary

Covenant Logistics Group beats Universal Logistics on 16 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$893.31M$21.97B$10.69B$24.31B
Dividend Yield0.80%2.03%97.23%3.70%
P/E Ratio320.0343.1526.6930.26
Price / Sales0.772.51328.8020.99
Price / Cash6.7342.8424.4732.49
Price / Book2.163.054.496.77
Net Income$7.24M$972.50M$612.35M$1.07B
7 Day Performance0.98%-0.81%-1.41%-0.65%
1 Month Performance-26.97%-0.30%2.54%3.38%
1 Year Performance40.63%11.84%12.36%14.90%

Covenant Logistics Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVLG
Covenant Logistics Group
4.6928 of 5 stars
$35.20
+1.4%
$51.80
+47.2%
+40.6%$893.31M$1.16B320.034,700
ARCB
ArcBest
4.3231 of 5 stars
$137.74
-0.8%
$154.23
+12.0%
+82.0%$3.10B$4.01B199.6214,000
WERN
Werner Enterprises
4.1591 of 5 stars
$37.96
-1.2%
$41.54
+9.4%
+31.6%$2.30B$2.97BN/A8,677
MRTN
Marten Transport
2.716 of 5 stars
$14.83
-0.5%
$16.00
+7.9%
+20.5%$1.22B$857.65M87.243,502
HTLD
Heartland Express
1.7616 of 5 stars
$12.66
-0.7%
$13.00
+2.7%
+46.6%$985.99M$805.71MN/A4,560

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This page (NYSE:CVLG) was last updated on 8/23/2026 by MarketBeat.com Staff.
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