Covenant Logistics Group, Inc. (CVLG)

Market Cap	716.71M
Revenue (ttm)	1.13B
Net Income (ttm)	42.00M
Shares Out	13.18M
EPS (ttm)	3.02
PE Ratio	18.27
Forward PE	11.94
Dividend	$0.44 (0.81%)
Ex-Dividend Date	Sep 6, 2024

Volume	136,777
Open	53.22
Previous Close	54.00
Day's Range	53.22 - 54.81
52-Week Range	43.00 - 61.54
Beta	1.40
Analysts	Strong Buy
Price Target	69.50 (+27.8%)
Earnings Date	Jan 21, 2025

About CVLG

Covenant 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 e...

• Industry: Trucking
• Sector: Industrials
• IPO Date: Oct 28, 1994
• Employees: 4,600
• Stock Exchange: NYSE
• Ticker Symbol: CVLG
• Website: https://www.covenantlogistics.com

Financial Performance

In 2023, Covenant Logistics Group's revenue was $1.10 billion, a decrease of -9.31% compared to the previous year's $1.22 billion. Earnings were $55.23 million, a decrease of -49.18%.

Analyst Forecast

According to 2 analysts, the average rating for CVLG stock is "Strong Buy." The 12-month stock price forecast is $69.5, which is an increase of 27.80% from the latest price.

Price Target

$69.5

(27.80% upside)

Analyst Consensus: Strong Buy