NASDAQ:CVLG Covenant Logistics Group (CVLG) Stock Price, News & Analysis $27.60 -0.49 (-1.75%) As of 01/17/2025 03:59 PM Eastern This is a fair market value price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Covenant Logistics Group Stock (NASDAQ:CVLG) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get CVLG alerts:Sign Up Key Stats Today's Range$27.56▼$28.1650-Day Range$26.35▼$54.5152-Week Range$21.51▼$30.77Volume83,279 shsAverage Volume85,694 shsMarket Capitalization$727.51 millionP/E Ratio18.16Dividend Yield0.80%Price Target$34.75Consensus RatingBuy Company OverviewCovenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. Its Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length using equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers' freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs. Its Warehousing segment provides day-to-day warehouse management services to customers, as well as shuttle and switching services related to shuttling containers and trailers. The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in July 2020. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.Read More… Covenant Logistics Group Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks86th Percentile Overall ScoreCVLG MarketRank™: Covenant Logistics Group scored higher than 86% of companies evaluated by MarketBeat, and ranked 27th out of 126 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.5 / 5Analyst RatingBuy Consensus RatingCovenant Logistics Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageCovenant Logistics Group has only been the subject of 1 research reports in the past 90 days.Read more about Covenant Logistics Group's stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth25.63% Earnings GrowthEarnings for Covenant Logistics Group are expected to grow by 25.63% in the coming year, from $1.99 to $2.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Covenant Logistics Group is 18.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Covenant Logistics Group is 18.16, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 18.30.Price to Book Value per Share RatioCovenant Logistics Group has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Covenant Logistics Group's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.37% of the outstanding shares of Covenant Logistics Group have been sold short.Short Interest Ratio / Days to CoverCovenant Logistics Group has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Covenant Logistics Group has recently increased by 106.36%, indicating that investor sentiment is decreasing significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldCovenant Logistics Group has a dividend yield of 0.84%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthCovenant Logistics Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Covenant Logistics Group is 14.47%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Covenant Logistics Group will have a dividend payout ratio of 8.80% 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. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted0.37% of the outstanding shares of Covenant Logistics Group have been sold short.Short Interest Ratio / Days to CoverCovenant Logistics Group has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Covenant Logistics Group has recently increased by 106.36%, indicating that investor sentiment is decreasing significantly. News and Social Media0.0 / 5News Sentiment0.00 News Coverage This WeekMarketBeat has tracked 2 news articles for Covenant Logistics Group this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for CVLG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership4.2 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Covenant Logistics Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $417,480.00 in company stock.Percentage Held by Insiders36.50% 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 Institutions83.72% 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. Receive CVLG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Covenant Logistics Group and its competitors with MarketBeat's FREE daily newsletter. Email Address CVLG Stock News HeadlinesA Look Back at Ground Transportation Stocks’ Q3 Earnings: Covenant Logistics (NASDAQ:CVLG) Vs The Rest Of The PackJanuary 20 at 11:00 AM | finance.yahoo.comCovenant Logistics Group, Inc. Schedules Fourth Quarter Earnings Release and Conference CallJanuary 2, 2025 | quiverquant.comTesla Shares Soar After Trump Win (Act Now)Are you ready to see why Tesla might be the biggest opportunity on the market today? Right now, Tesla stock is at a critical juncture, and Lance believes it’s primed for explosive growth. That’s why he’s giving away his eBook, The Bullish Case for Tesla, for FREE—but only for a limited time.January 21, 2025 | WealthPress (Ad)Covenant Logistics Group, Inc. Announces Timing of Fourth Quarter Earnings Release and Conference CallJanuary 2, 2025 | globenewswire.comCovenant Logistics Announces Stock Split and Bonus PlanDecember 11, 2024 | markets.businessinsider.comCovenant Logistics OKs 2-For-1 Stock SplitDecember 6, 2024 | marketwatch.comCovenant Logistics Group, Inc. Declares Two-for-One Stock Split to Enhance Accessibility for InvestorsDecember 6, 2024 | quiverquant.comCovenant Logistics Group Announces Two-For-One Stock SplitDecember 6, 2024 | globenewswire.comSee More Headlines CVLG Stock Analysis - Frequently Asked Questions How have CVLG shares performed this year? Covenant Logistics Group's stock was trading at $54.51 at the beginning of 2025. Since then, CVLG stock has decreased by 49.4% and is now trading at $27.5990. View the best growth stocks for 2025 here. How were Covenant Logistics Group's earnings last quarter? Covenant Logistics Group, Inc. (NASDAQ:CVLG) released its quarterly earnings data on Wednesday, October, 23rd. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.01. The firm earned $287.89 million during the quarter. Covenant Logistics Group had a trailing twelve-month return on equity of 13.43% and a net margin of 3.72%. When did Covenant Logistics Group's stock split? Covenant Logistics Group shares 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 market closes on Tuesday, December 31st 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. Does Covenant Logistics Group have any subsidiaries? Covenant Logistics Group subsidiaries include these companies: Landair, Covenant Asset Management LLC a Nevada limited liability company, Covenant Logistics Inc a Nevada corporation, Covenant Transport Inc a Tennessee corporation dba Covenant Transport Services and Covenant Logistics, Covenant Transport Solutions LLC a Nevada limited liability company, CTG Leasing Company a Nevada corporation, Heritage Insurance Inc a Tennessee corporation, and others. Who are Covenant Logistics Group's major shareholders? Covenant Logistics Group's top institutional shareholders include Oliver Luxxe Assets LLC (0.14%), Inspire Investing LLC (0.03%) and SG Americas Securities LLC (0.02%). Insiders that own company stock include David Ray Parker, Joey B Hogan, Robert E Bosworth, Bradley A Moline, Samuel F Hough, Herbert J Schmidt, D Michael Kramer and Matisse Long. View institutional ownership trends. How do I buy shares of Covenant Logistics Group? 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. What other stocks do shareholders of Covenant Logistics Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that Covenant Logistics Group investors own include NVIDIA (NVDA), Tesla (TSLA), Home Depot (HD), Advanced Micro Devices (AMD), Meta Platforms (META), Cisco Systems (CSCO) and Netflix (NFLX). Company Calendar Last Earnings10/23/2024Ex-Dividend for 12/27 Dividend12/06/2024Dividend Payable12/27/2024Today1/21/2025Next Earnings (Estimated)1/23/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Trucking, except local Sub-IndustryTransportation Current SymbolNASDAQ:CVLG CUSIPN/A CIK928658 Webwww.covenanttransport.com Phone(423) 821-1212Fax423-821-5442Employees4,600Year Founded1986Price Target and Rating Average Stock Price Target$34.75 High Stock Price Target$35.00 Low Stock Price Target$34.50 Potential Upside/Downside+25.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.52 Trailing P/E Ratio18.16 Forward P/E Ratio13.87 P/E GrowthN/ANet Income$55.23 million Net Margins3.72% Pretax Margin4.80% Return on Equity13.43% Return on Assets5.72% Debt Debt-to-Equity Ratio0.46 Current Ratio1.10 Quick Ratio1.07 Sales & Book Value Annual Sales$1.10 billion Price / Sales0.66 Cash Flow$5.12 per share Price / Cash Flow5.39 Book Value$15.43 per share Price / Book1.79Miscellaneous Outstanding Shares26,360,000Free Float16,738,000Market Cap$727.51 million OptionableOptionable Beta1.41 Social Links A Beginner's Guide to Investing in CannabisUnlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. 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