Covenant Logistics Group, Inc. (CVLG)

NASDAQ: CVLG · IEX Real-Time Price · USD
27.95
-0.25 (-0.89%)
Sep 23, 2022 4:30 PM EDT - Market closed
-0.89%
Market Cap 403.97M
Revenue (ttm) 1.18B
Net Income (ttm) 80.87M
Shares Out 14.45M
EPS (ttm) 4.87
PE Ratio 5.74
Forward PE 7.98
Dividend $0.21 (0.74%)
Ex-Dividend Date Sep 1, 2022
Volume 123,739
Open 27.87
Previous Close 28.20
Day's Range 27.06 - 28.58
52-Week Range 17.23 - 34.80
Beta 1.48
Analysts Sell
Price Target 31.24 (+11.8%)
Earnings Date Oct 18, 2022

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. The Dedicated segment provides customers with committed truckload capacity over contracted periods using equipment either owned or leased by the company.... [Read more...]

Industry Road & Rail
IPO Date Oct 28, 1994
Employees 3,000
Stock Exchange NASDAQ
Ticker Symbol CVLG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for CVLG stock is "Sell." The 12-month stock price forecast is 31.24, which is an increase of 11.77% from the latest price.

Price Target
$31.24
(11.77% upside)
Analyst Consensus: Sell
Stock Forecasts

News

5 Dividend Stocks with Strong Revisions Trends

We need dividend stocks now as portfolio valuations melt away.

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5 days ago - Zacks Investment Research

Is Covenant Logistics Group (CVLG) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 week ago - Zacks Investment Research

Has Covenant Logistics Group (CVLG) Outpaced Other Transportation Stocks This Year?

Here is how Covenant Logistics (CVLG) and Golar LNG (GLNG) have performed compared to their sector so far this year.

1 week ago - Zacks Investment Research

3 Transportation Stocks That Deserve a Spot on Any Watchlist

With the Zacks Transportation Sector carrying such a favorable rank, let's look at three highly-ranked stocks in the realm.

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2 weeks ago - Zacks Investment Research

Covenant Releases 2021 Corporate Social Responsibility Report

Findings reflect company's continued commitment to its people and communities and the planet Findings reflect company's continued commitment to its people and communities and the planet

2 weeks ago - GlobeNewsWire

The Fed Sends Home Sales Down, But Still a Strong Housing Market

There is strong underlying demand for cheaper housing and first-time, entry-level buyers will flood the market as soon as prices come down.

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3 weeks ago - Zacks Investment Research

5 Hot Transportation Stocks to Buy Today

The transportation sector continues to sail along in what appears to be a slowing economy.

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3 weeks ago - Zacks Investment Research

Should Value Investors Buy Covenant Logistics Group (CVLG) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

3 weeks ago - Zacks Investment Research

Are Transportation Stocks Lagging Covenant Logistics Group (CVLG) This Year?

Here is how Covenant Logistics (CVLG) and Golar LNG (GLNG) have performed compared to their sector so far this year.

3 weeks ago - Zacks Investment Research

Is Trending Stock Covenant Logistics Group, Inc. (CVLG) a Buy Now?

Recently, Zacks.com users have been paying close attention to Covenant Logistics (CVLG). This makes it worthwhile to examine what the stock has in store.

4 weeks ago - Zacks Investment Research

Tap 5 Bargain Stocks With Incredibly Low EV/EBITDA Ratios

We have screened bargain stocks CVLG, TA, SPTN, GEF and PATK based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

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4 weeks ago - Zacks Investment Research

Covenant Logistics Group Announces New Agreement to Sell Excess Real Estate and Quarterly Cash Dividend

CHATTANOOGA, Tenn., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) announced today that it has agreed to sell a California terminal for ...

1 month ago - GlobeNewsWire

Covenant Logistics Group Announces Filing of Universal Shelf Registration Statement on Form S-3

CHATTANOOGA, Tenn., Aug. 12, 2022 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) announced today that it has filed a universal shelf registration stat...

1 month ago - GlobeNewsWire

Is Covenant Logistics Group (CVLG) Stock Outpacing Its Transportation Peers This Year?

Here is how Covenant Logistics (CVLG) and Golar LNG (GLNG) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

5 Stocks Worth a Look Following Upgrade by Brokers

For significant returns, investors should keep broker-favored stocks like C.H. Robinson Worldwide (CHRW), Covenant Logistics (CVLG), ArcBest (ARCB), American Airlines (AAL) and Bunge Limited (BG) on the...

Other symbols: AALARCBBGCHRW
1 month ago - Zacks Investment Research

Are Investors Undervaluing Covenant Logistics Group (CVLG) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 month ago - Zacks Investment Research

Is Most-Watched Stock Covenant Logistics Group, Inc. (CVLG) Worth Betting on Now?

Zacks.com users have recently been watching Covenant Logistics (CVLG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

1 month ago - Zacks Investment Research

Find 'Strong Buy' Stocks Trading Near Highs in August

There are, of course, many areas of the market performing well in 2022. Let's explore a Zacks screen that helps us find 'Strong Buy' stocks that are climbing to hover near their 52-week highs in the fac...

Other symbols: CSIQ
1 month ago - Zacks Investment Research

What Makes Covenant Logistics (CVLG) a Strong Momentum Stock: Buy Now?

Does Covenant Logistics (CVLG) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 month ago - Zacks Investment Research

Why Fast-paced Mover Covenant Logistics (CVLG) Is a Great Choice for Value Investors

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Covenant Logistics (CVLG) could be a great choice. It is one of the several stocks tha...

1 month ago - Zacks Investment Research

Can Covenant Logistics (CVLG) Run Higher on Rising Earnings Estimates?

Covenant Logistics (CVLG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

1 month ago - Zacks Investment Research

Covenant Logistics Group, Inc. (CVLG) Soars to 52-Week High, Time to Cash Out?

Covenant Logistics (CVLG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

1 month ago - Zacks Investment Research

Is Covenant Logistics Group (CVLG) Outperforming Other Transportation Stocks This Year?

Here is how Covenant Logistics (CVLG) and Golar LNG (GLNG) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

Covenant expects temporary headwinds, sees 2023 as ‘breakout year'

Covenant Logistics Group told analysts Tuesday the freight market has been up and down in recent months due to inflationary pressures and softening freight demand but remains optimistic about its future...

1 month ago - FreightWaves

Covenant Logistics (CVLG) Beats Q2 Earnings and Revenue Estimates

Covenant Logistics (CVLG) delivered earnings and revenue surprises of 19.85% and 9.90%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research