Covenant Logistics Group, Inc. (CVLG)
Market Cap | 673.48M |
Revenue (ttm) | 1.13B |
Net Income (ttm) | 42.00M |
Shares Out | 13.18M |
EPS (ttm) | 3.02 |
PE Ratio | 17.17 |
Forward PE | 11.20 |
Dividend | $0.44 (0.86%) |
Ex-Dividend Date | Sep 6, 2024 |
Volume | 49,769 |
Open | 50.26 |
Previous Close | 51.30 |
Day's Range | 50.26 - 51.97 |
52-Week Range | 38.25 - 56.96 |
Beta | 1.35 |
Analysts | Strong Buy |
Price Target | 69.50 (+36.01%) |
Earnings Date | Oct 23, 2024 |
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... [Read more]
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%.
Financial StatementsAnalyst 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 36.01% from the latest price.
News
Covenant Logistics Group, Inc. (CVLG) Q3 2024 Earnings Call Transcript
Covenant Logistics Group, Inc. (NYSE:CVLG) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Tripp Grant - Chief Financial Officer Paul Bunn - President David Parker ...
Covenant Logistics Group Announces Third Quarter Financial and Operating Results
CHATTANOOGA, Tenn., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE: CVLG) (“Covenant” or the “Company”) announced today financial and operating results for the third quarter en...
Covenant Logistics Group, Inc. Announces Timing of Third Quarter Earnings Release and Conference Call
CHATTANOOGA, Tenn., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE: CVLG) announced its plans to release its third quarter earnings after 4:00 p.m. Eastern time on Wednesday, O...
Covenant Logistics Receives U.S. EPA 2024 SmartWay Excellence Award
Award Recipients are Top Environmental Performers and Leaders for Freight Supply Chain Efficiency Award Recipients are Top Environmental Performers and Leaders for Freight Supply Chain Efficiency
Covenant Logistics' Abby Hamm Named Recipient of 2024 Women in Supply Chain Award
This award honors female supply chain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company's supply chain network This award hono...
Covenant Logistics Group Announces Quarterly Cash Dividend
CHATTANOOGA, Tenn., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE: CVLG) (“Covenant” or the “Company”) announced today that its board of directors has declared a quarterly cas...
Covenant Logistics Group: Staying In Lane
Covenant Logistics Group shares have outperformed the S&P 500, up 120.8% since January 2022. Revenue for the company increased nicely in the most recent quarter to $287.5 million, with growth seen acr...
Logistics Management announces Covenant Logistics as a winner of the 41st Annual Quest for Quality Awards
CHATTANOOGA, Tenn., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. is proud to announce its recognition as a winner at the 41st Annual Quest for Quality Awards, the gold standard for...
Covenant Logistics Group Announces Move to New York Stock Exchange
CHATTANOOGA, Tenn., July 26, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) today announced that it is transferring the listing of its Class A ...
Covenant Logistics Group, Inc. (CVLG) Q2 2024 Earnings Call Transcript
Covenant Logistics Group, Inc. (NASDAQ:CVLG) Q2 2024 Earnings Conference Call July 25, 2024 10:00 AM ET Company Participants Tripp Grant - Executive Vice President & Chief Financial Officer Paul Bunn...
Covenant Logistics Group, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call
CHATTANOOGA, Tenn., July 01, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced its plans to release its second quarter earnings after 4:00 p.m. Eastern time on Wednes...
Food Logistics Names Covenant Logistics Group as Recipient of 2024 Top 3PL & Cold Storage Providers Award
This award recognizes leading third-party logistics and cold storage providers in the cold food and beverage industry This award recognizes leading third-party logistics and cold storage providers in ...
Covenant Logistics Unveils 2023 Corporate Social Responsibility Report
CHATTANOOGA, Tenn., June 06, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc., a leading provider of transportation and logistics services in the U.S., is proud to announce the release of its 2...
Covenant Logistics Group Announces Appointment of Chief Operating Officer
CHATTANOOGA, Tenn., April 29, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) today announced Dustin Koehl has been appointed as the Company's C...
Covenant Logistics Group, Inc. (CVLG) Q1 2024 Earnings Call Transcript
Covenant Logistics Group, Inc. (CVLG) Q1 2024 Earnings Call Transcript
Covenant Logistics Group Announces First Quarter Financial and Operating Results
CHATTANOOGA, Tenn., April 24, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) announced today financial and operating results for the first quar...
Covenant Logistics Group, Inc. Announces Timing of First Quarter Earnings Release and Conference Call
CHATTANOOGA, Tenn., April 01, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced its plans to release its first quarter earnings after 4:00 p.m. Eastern time on Wednes...
Matthew Duncan of Covenant Logistics Named 2023 Transport Topics Recruiting Professional of the Year
CHATTANOOGA, Tenn., March 07, 2024 (GLOBE NEWSWIRE) -- Matthew Duncan, Vice President of Enterprise Driver Recruiting and Talent Acquisition for Covenant Logistics, has been named the 2023 Transport T...
Covenant Logistics Group, Inc. (CVLG) Q4 2023 Earnings Call Transcript
Covenant Logistics Group, Inc. (CVLG) Q4 2023 Earnings Call Transcript
Covenant Logistics Group Announces Fourth Quarter Financial and Operating Results
CHATTANOOGA, Tenn., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) announced today financial and operating results for the fourth quar...
Covenant Logistics Group, Inc. Announces Timing of Fourth Quarter Earnings Release and Conference Call
CHATTANOOGA, Tenn., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced its plans to release its fourth quarter earnings after 4:00 p.m. Eastern time on Tuesda...
Covenant Logistics Group, Inc. (CVLG) Q3 2023 Earnings Call Transcript
Covenant Logistics Group, Inc. (NASDAQ:CVLG) Q3 2023 Earnings Conference Call October 26, 2023 10:00 AM ET Company Participants Tripp Grant - EVP and CFO Paul Bunn - President and COO David Parker - ...
Covenant Logistics Honored with the 2023 ATA Diversity Equity and Inclusion Change Leader Award
CHATTANOOGA, Tenn., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. has been honored with the 2023 ATA Diversity Equity and Inclusion Change Leader Award. In an industry as dynamic an...
Covenant Logistics Earns Prestigious Recognition as a 2023 Top Food Chain Provider by Food Shippers of America
CHATTANOOGA, Tenn., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc (Covenant), a leading name in the logistics and transportation industry, is excited to announce its recent accolade ...
CORRECTION - Covenant Logistics Group, Inc. Announces Timing Of Third Quarter Earnings Release And Conference Call
CHATTANOOGA, Tenn., Oct. 03, 2023 (GLOBE NEWSWIRE) -- In a release issued earlier today by Covenant Logistics Group, Inc. (Nasdaq: CVLG), the wrong quarter was mentioned throughout the release, includ...