Covenant Logistics Group, Inc. (CVLG)

Market Cap	643.26M
Revenue (ttm)	1.12B
Net Income (ttm)	42.57M
Shares Out	13.11M
EPS (ttm)	3.09
PE Ratio	15.87
Forward PE	10.77
Dividend	$0.44 (0.90%)
Ex-Dividend Date	Jun 7, 2024

Volume	27,180
Open	48.80
Previous Close	48.66
Day's Range	48.52 - 49.26
52-Week Range	38.25 - 57.57
Beta	1.34
Analysts	Strong Buy
Price Target	68.67 (+40.0%)
Earnings Date	Jul 24, 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...

• Industry: Trucking
• Sector: Industrials
• IPO Date: Oct 28, 1994
• Employees: 2,900
• Stock Exchange: NASDAQ
• Ticker Symbol: CVLG

Financial Performance

In 2023, CVLG'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 3 analysts, the average rating for CVLG stock is "Strong Buy." The 12-month stock price forecast is $68.67, which is an increase of 40.00% from the latest price.

Price Target

$68.67

(40.00% upside)

Analyst Consensus: Strong Buy