Covenant Logistics Group (CVLG) Stock Price

Covenant Logistics Group Price

NASDAQ·CLOSED
34.90USD+0.23 (+0.66 %)
Market closed

Over the last 19 years Covenant Logistics Group grew revenue by 2.8% annually, reaching 1.16 B USD. Earnings per share have grown at 6.4% per year over the last 15 years. For Covenant Logistics Group, the net margin of 0.6% is down versus 5.8% a few years ago. At today's price the dividend yield works out to roughly 0.80%. The payout ratio is around 97% of earnings. The consensus 12-month price target for Covenant Logistics Group is 31.62 USD, about 9.4% below where the stock trades today. Of 10 analysts, 8 rate the stock a buy — an overall Buy consensus. The stock trades about 93% above its 52-week low.

Covenant Logistics Group stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Covenant Logistics Group over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Covenant Logistics Group stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Covenant Logistics Group's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Covenant Logistics Group Stock Price History
DateCovenant Logistics Group Price
8/14/202634.90 USD
8/13/202634.67 USD
8/12/202634.09 USD
8/11/202633.37 USD
8/10/202633.48 USD
8/7/202634.65 USD
8/6/202634.94 USD
8/5/202636.04 USD
8/4/202635.61 USD
8/3/202635.28 USD
7/31/202635.52 USD
7/30/202636.85 USD
7/29/202641.91 USD
7/27/202644.43 USD
7/23/202648.23 USD
7/22/202648.86 USD
7/21/202649.88 USD
7/20/202648.49 USD
7/17/202647.34 USD
7/16/202648.21 USD
7/15/202645.89 USD
7/14/202646.46 USD
7/13/202646.83 USD
7/10/202646.11 USD
7/9/202646.50 USD
7/8/202644.95 USD
7/7/202644.15 USD
7/6/202644.31 USD
7/2/202643.94 USD
7/1/202644.83 USD
6/30/202644.18 USD
6/29/202645.34 USD
6/26/202645.01 USD
6/25/202643.82 USD
6/24/202642.82 USD
6/23/202643.09 USD
6/22/202643.74 USD
6/18/202643.05 USD
6/17/202643.17 USD
6/16/202644.17 USD
6/15/202644.40 USD
6/12/202646.43 USD
6/11/202644.63 USD
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6/9/202645.08 USD
6/8/202644.53 USD
6/5/202643.60 USD
6/4/202642.71 USD
6/3/202642.28 USD
6/2/202641.88 USD
6/1/202640.20 USD
5/29/202639.42 USD
5/28/202639.38 USD
5/27/202639.51 USD
5/26/202638.78 USD
5/22/202637.27 USD
5/21/202636.31 USD
5/20/202636.45 USD
5/19/202635.67 USD
5/18/202635.27 USD
5/15/202634.27 USD
5/14/202634.11 USD
5/13/202631.95 USD
5/12/202631.64 USD
5/7/202633.18 USD
5/5/202632.59 USD
4/23/202631.61 USD
4/22/202631.00 USD
4/21/202631.27 USD
4/20/202631.10 USD
4/17/202630.49 USD
4/16/202629.20 USD
4/15/202628.27 USD
4/14/202628.50 USD
4/13/202628.83 USD
4/10/202628.44 USD
4/9/202628.91 USD
4/8/202628.82 USD
4/7/202627.67 USD
4/6/202627.97 USD
4/2/202628.15 USD
4/1/202627.66 USD
3/31/202627.15 USD
3/30/202626.81 USD
3/27/202626.58 USD
3/26/202627.12 USD
3/25/202627.35 USD
3/24/202626.61 USD
3/23/202626.27 USD
3/20/202625.30 USD
3/19/202625.23 USD
3/18/202625.28 USD
3/17/202625.15 USD
3/16/202624.98 USD
3/13/202624.70 USD
3/12/202624.63 USD
3/11/202625.79 USD
3/10/202626.40 USD
3/9/202626.69 USD
3/6/202626.31 USD
3/5/202628.84 USD
3/4/202630.10 USD
3/3/202629.49 USD
3/2/202629.71 USD
2/27/202629.44 USD
2/26/202629.41 USD
2/25/202628.15 USD
2/24/202628.16 USD
2/23/202628.05 USD
2/20/202629.51 USD
2/19/202629.40 USD
2/18/202629.63 USD
2/17/202629.54 USD
2/13/202628.57 USD
2/12/202628.08 USD
2/11/202629.26 USD
2/10/202629.24 USD
2/9/202628.60 USD
2/6/202629.11 USD
2/5/202628.81 USD
2/4/202628.57 USD
2/3/202627.78 USD
2/2/202627.09 USD
1/30/202624.60 USD
1/29/202625.85 USD
1/28/202625.40 USD
1/27/202625.51 USD
1/26/202625.91 USD
1/23/202626.59 USD
1/22/202627.07 USD
1/21/202626.56 USD
1/20/202625.40 USD
1/16/202625.89 USD
1/15/202626.12 USD
1/14/202625.59 USD
1/13/202625.19 USD
1/12/202625.23 USD
1/9/202625.21 USD
1/8/202625.17 USD
1/7/202624.72 USD
1/6/202624.66 USD
1/5/202623.33 USD
1/2/202622.30 USD
12/31/202522.04 USD
12/30/202522.04 USD
12/29/202522.11 USD
12/26/202522.43 USD
12/24/202522.63 USD
12/23/202522.83 USD
12/22/202522.64 USD
12/19/202522.62 USD
12/18/202523.07 USD
12/17/202522.59 USD
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12/15/202523.11 USD
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12/11/202523.47 USD
12/10/202522.95 USD
12/9/202521.61 USD
12/8/202521.55 USD
12/5/202521.72 USD
12/4/202521.63 USD
12/3/202521.70 USD
12/2/202520.68 USD
12/1/202520.46 USD
11/28/202519.94 USD
11/26/202519.96 USD
11/25/202519.75 USD
11/24/202519.30 USD
11/21/202519.10 USD
11/20/202518.07 USD
11/19/202518.29 USD
11/18/202518.50 USD
11/17/202518.63 USD
11/14/202519.12 USD
11/13/202519.22 USD
11/12/202519.66 USD
11/11/202519.56 USD
11/10/202519.57 USD
11/7/202519.58 USD
11/6/202519.41 USD
11/5/202520.12 USD
11/4/202520.21 USD
11/3/202520.21 USD
10/31/202520.17 USD
10/30/202519.80 USD
10/29/202520.06 USD
10/28/202520.20 USD
10/27/202520.62 USD
10/24/202520.03 USD
10/23/202519.96 USD
10/22/202521.88 USD
10/21/202521.81 USD
10/20/202521.67 USD
10/17/202521.43 USD
10/16/202521.69 USD
10/15/202520.98 USD
10/14/202521.02 USD
10/13/202520.80 USD
10/10/202520.54 USD
10/9/202521.56 USD
10/8/202522.04 USD
10/7/202521.22 USD
10/6/202521.75 USD
10/3/202521.63 USD
10/2/202520.99 USD
10/1/202521.32 USD
9/30/202521.66 USD
9/29/202521.54 USD
9/26/202521.60 USD
9/25/202521.63 USD
9/24/202521.65 USD
9/23/202521.94 USD
9/22/202522.23 USD
9/19/202522.17 USD
9/18/202522.89 USD
9/17/202522.56 USD
9/16/202523.54 USD
9/15/202523.38 USD
9/12/202523.04 USD
9/11/202523.69 USD
9/10/202523.00 USD
9/9/202523.51 USD
9/8/202523.86 USD
9/5/202523.93 USD
9/4/202524.08 USD
9/3/202523.80 USD
9/2/202524.03 USD
8/29/202524.13 USD
8/28/202524.15 USD
8/27/202524.40 USD
8/26/202524.55 USD
8/25/202524.40 USD
8/22/202525.03 USD
8/21/202523.72 USD
8/20/202523.56 USD
8/19/202524.10 USD
8/18/202523.61 USD
Access this data via the Eulerpool API

Covenant Logistics Group Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
1.05 B USD
66.15 M USD
60.73 M USD
Jan 1, 2022
1.22 B USD
80.36 M USD
108.68 M USD
Jan 1, 2023
1.10 B USD
65.18 M USD
55.23 M USD
Jan 1, 2024
1.13 B USD
58.34 M USD
35.92 M USD
Jan 1, 2025
1.16 B USD
17.65 M USD
7.24 M USD
Jan 1, 2026 (e)
1.30 B USD
88.61 M USD
42.76 M USD
Jan 1, 2027 (e)
1.42 B USD
96.63 M USD
68.97 M USD
Jan 1, 2028 (e)
1.17 B USD
79.13 M USD
100.32 M USD

Covenant Logistics Group Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 17, 2026, 5:22 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
20132014201520162017201820192020202120222023202420252026e2027e2028e
0.680.720.720.670.710.890.890.841.051.221.101.131.161.301.421.17
1.484.970.84-7.465.2225.53-5.3124.8216.25-9.292.542.9211.439.10-17.46
11.9915.6017.9614.4813.0516.2711.7513.0114.0515.2114.8716.717.997.997.997.99
82.00112.00130.0097.0092.00144.00104.00109.00147.00185.00164.00189.0093.00103.63113.0593.32
20.0039.0067.0032.0028.0058.008.00-10.0066.0080.0065.0058.0017.0088.0096.0079.00
2.925.439.254.783.976.550.90-1.196.316.585.895.131.466.786.786.76
5.0017.0042.0016.0055.0042.008.00-42.0060.00108.0055.0035.007.0042.0068.00100.00
-16.67240.00147.06-61.90243.75-23.64-80.95-625.00-242.8680.00-49.07-36.36-80.00500.0061.9047.06
0.290.440.440.280.280.340.40
51.72-36.3621.4317.65
30.1732.8936.4136.5836.7437.0737.3634.2733.9528.4127.4227.9025.0125.0125.0125.01
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Covenant Logistics Group generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Covenant Logistics Group retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Covenant Logistics Group's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Covenant Logistics Group has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Covenant Logistics Group's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Covenant Logistics Group stock margins

The Covenant Logistics Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Covenant Logistics Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Covenant Logistics Group.
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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
14.08 %
6.32 %
5.81 %
Jan 1, 2022
15.28 %
6.60 %
8.93 %
Jan 1, 2023
14.88 %
5.91 %
5.00 %
Jan 1, 2024
16.76 %
5.16 %
3.17 %
Jan 1, 2025
8.01 %
1.52 %
0.62 %
Jan 1, 2026 (e)
8.01 %
6.83 %
3.30 %
Jan 1, 2027 (e)
8.01 %
6.83 %
4.87 %
Jan 1, 2028 (e)
8.01 %
6.77 %
8.59 %

Covenant Logistics Group Stock Revenue, EBIT, Earnings per Share

The Covenant Logistics Group earnings per share therefore indicates how much revenue Covenant Logistics Group has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
30.81 USD
1.95 USD
1.79 USD
Jan 1, 2022
42.83 USD
2.83 USD
3.83 USD
Jan 1, 2023
40.25 USD
2.38 USD
2.01 USD
Jan 1, 2024
40.55 USD
2.09 USD
1.29 USD
Jan 1, 2025
46.56 USD
0.71 USD
0.29 USD
Jan 1, 2026 (e)
51.74 USD
3.54 USD
1.71 USD
Jan 1, 2027 (e)
56.42 USD
3.86 USD
2.75 USD
Jan 1, 2028 (e)
46.59 USD
3.16 USD
4.00 USD

Covenant Logistics Group business model & stock analysis

The Covenant Logistics Group Inc is an American company that was founded in 1986. It has since become one of the leading logistics companies in North America. The company is listed on the NASDAQ under the symbol "CVLG" and employs people in various areas of the logistics industry. The company offers its customers a wide range of transportation and logistics services. From storage and distribution to specialized services such as the transport of chemicals, hazardous goods, and food. The different divisions of the company are organized under different brands, such as "Southern Refrigerated Transport" for the transport of food or "Landair Transport" for the transport of goods of all kinds. The company relies on a modern and efficient fleet system, which consists of over 2,500 trucks and 7,000 trailers. These are equipped with advanced technology to ensure the safety and reliability of the transports. The business model of Covenant Logistics Group Inc is based on a strong customer orientation. The company sees itself as a partner for its customers and does everything to meet their requirements and expectations. This is not only about transporting goods from one place to another. Rather, comprehensive consulting and support are offered to optimize and simplify the customers' logistics processes. To meet this demand, the company relies on high quality and safety standards. It is certified according to ISO 9001 and operates according to the requirements of the environmental management standard ISO 14001. Another strength of Covenant Logistics Group Inc is the support and training of its employees. The company attaches great importance to the training and development of its employees and offers them a variety of training and further education opportunities. Overall, Covenant Logistics Group Inc is a company that stands out for its decades of experience and a wide range of logistics services. It relies on modern fleet management, strong customer orientation, and high quality standards.

Covenant Logistics Group SWOT Analysis

Strengths

Covenant Logistics Group Inc has established a strong brand reputation in the transportation and logistics industry. This enhances their credibility and attracts potential customers, partners, and investors.

The company provides a wide range of services including truckload transportation, dedicated freight, brokerage, and warehousing. This diversification allows Covenant to cater to different customer needs and adapt to market demands more effectively.

Covenant Logistics Group Inc has invested in advanced technologies to improve efficiency, track shipments, optimize routes, and enhance customer experience. This technological edge enables the company to stay competitive and deliver superior services to its clients.

Weaknesses

As a transportation company, Covenant Logistics Group Inc heavily relies on fuel prices. Fluctuations in fuel prices can directly impact the company's profitability and operational costs.

While Covenant operates in multiple states across the United States, its geographic presence is still limited compared to some larger competitors. This could restrict market reach and growth opportunities in certain regions.

Covenant relies on third-party carriers for certain transportation services. This dependence introduces a risk factor as it may affect the company's ability to control service quality and costs.

Opportunities

The rapid growth of e-commerce presents an opportunity for Covenant Logistics Group Inc to expand its offerings in the e-commerce logistics sector. There is a rising demand for reliable and efficient transportation services to support online retail operations.

Covenant can explore potential strategic partnerships and participate in industry consolidation to strengthen its market position, gain access to new technologies, and expand its service capabilities.

The increasing emphasis on sustainability in the transportation industry opens avenues for Covenant Logistics Group Inc to develop and offer eco-friendly logistics solutions. This can attract environmentally conscious customers and have a positive impact on the company's image.

Threats

Covenant operates in a highly competitive market where larger competitors with established networks and resources pose a threat. The company needs to continuously improve its services and differentiate itself to maintain its market share.

Economic downturns can adversely impact the demand for transportation and logistics services. Covenant Logistics Group Inc must closely monitor economic conditions to mitigate the negative effects and adjust its strategies accordingly.

The transportation and logistics industry is subject to various regulations and compliance requirements. Covenant Logistics Group Inc must stay updated with regulatory changes and ensure compliance to avoid penalties and disruptions in operations.

Covenant Logistics Group Employees

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  • Max

Covenant Logistics Group Employees
Details
Date
Covenant Logistics Group Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Covenant Logistics Group Segments

Covenant Logistics Group Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Covenant Logistics Group historical P/E ratio, EBIT multiple, and P/S ratio

Covenant Logistics Group annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Covenant Logistics Group shares outstanding

The number of shares of Covenant Logistics Group was 25.01 M in 2025. This indicates how many shares Covenant Logistics Group is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
33.95 M Stocks
Jan 1, 2022
28.41 M Stocks
Jan 1, 2023
27.42 M Stocks
Jan 1, 2024
27.90 M Stocks
Jan 1, 2025
25.01 M Stocks
Jan 1, 2026 (e)
25.01 M Stocks
Jan 1, 2027 (e)
25.01 M Stocks
Jan 1, 2028 (e)
25.01 M Stocks

Covenant Logistics Group stock splits

In Covenant Logistics Group's history, there have been no stock splits.

Covenant Logistics Group Dividend History

5 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.07USDYTD
Mar 6, 20260.07USD 0.0%1/1
20250.28USD 36.4%
Mar 7, 20250.07USD 36.4%1/4
Jun 6, 20250.07USD 0.0%2/4
Sep 5, 20250.07USD 0.0%3/4
Dec 5, 20250.07USD 0.0%4/4
20240.44USD 0.0%
20230.44USD 54.4%
20220.29USD

Covenant Logistics Group dividend history and estimates

In 2025, Covenant Logistics Group paid a dividend amounting to 0.28 USD. Dividend means that Covenant Logistics Group distributes a portion of its profits to its owners.
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  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2022
0.29 USD
0.00 USD
Jan 1, 2023
0.44 USD
0.00 USD
Jan 1, 2024
0.44 USD
0.00 USD
Jan 1, 2025
0.28 USD
0.00 USD
Jan 1, 2026 (e)
0.07 USD
0.21 USD
Jan 1, 2027 (e)
0.00 USD
0.34 USD
Jan 1, 2028 (e)
0.00 USD
0.40 USD

Covenant Logistics Group dividend payout ratio

In 2025, Covenant Logistics Group had a payout ratio of 96.74%. The payout ratio indicates the percentage of the company's profits that Covenant Logistics Group distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
41.58 %
Jan 1, 2022
3.74 %
Jan 1, 2023
10.92 %
Jan 1, 2024
17.09 %
Jan 1, 2025
96.74 %
Jan 1, 2026 (e)
16.42 %
Jan 1, 2027 (e)
12.22 %
Jan 1, 2028 (e)
10.08 %

Current Covenant Logistics Group forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
80.00 % (8)
Hold
20.00 % (2)
Sell
0.00 % (0)
12M Price Target
31.62
Last Price
34.90
Currency
USD
12M Return Potential
-9.40 %
LTM Return
0 %

Covenant Logistics Group Analyst Rating Actions

DateFirmActionRatingReliability
7/31/2026
Stephens & Co.
Stephens & Co.
MaintainedOverweight
1/24/2025
Stephens & Co.
Stephens & Co.
MaintainedOverweight
10/25/2024
TD Cowen
TD Cowen
MaintainedBuy60
7/26/2024
TD Cowen
TD Cowen
MaintainedBuy60
1/25/2024
TD Cowen
TD Cowen
UpgradeMarket PerformOutperform60
7/28/2023
Stephens & Co.
Stephens & Co.
MaintainedOverweight
5/1/2023
Stephens & Co.
Stephens & Co.
MaintainedOverweight
1/10/2023
Wolfe Research
Wolfe Research
UpgradeUnderperformPeer Perform
10/24/2022
Stephens & Co.
Stephens & Co.
MaintainedEqual Weight
4/14/2022
Cowen & Co.
Cowen & Co.
DowngradeOutperformMarket Perform60

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Covenant Logistics Group Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
7/29/20260.41USD--USD-2026 Q2
4/23/20260.35USD-297.22 MUSD-2026 Q1
1/29/20260.36USD-295.14 MUSD-2025 Q4
4/25/20240.92USD-289.27 MUSD-2024 Q1
1/23/20241.06USD-287.39 MUSD-2023 Q4
7/25/20221.33USD-286.84 MUSD-2022 Q2
8/10/20200.01USD-181.58 MUSD-2020 Q2

EESG©

Eulerpool ESG Scorecard© for the Covenant Logistics Group stock

59/100
55
Environment
56
Social
66
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees22
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees8.5
Hispano/Latino Management share
Percentage of Black employees30.8
Black Management Share
Percentage of white employees52.1
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Covenant Logistics Group shareholder structure

% Name
9.37833%
Parker (David Ray)
Parker (David Ray)
6.06547%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
5.57280%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
3.45800%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
2.84895%
T. Rowe Price Investment Management, Inc.
T. Rowe Price Investment Management, Inc.
2.41952%
American Century Investment Management, Inc.
American Century Investment Management, Inc.
...

Covenant Logistics Group Beneficial Ownership Filings (SEC 13D/G)

Free Float
60.1%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
30.40%
David R. Parker and Jacqueline F. Parker
David R. Parker and Jacqueline F. Parker
SEC ↗
22.20%
SCHEDULE 13D/A
SCHEDULE 13D/A
SEC ↗
10.99%
Federal ID No. 95-3692822
Federal ID No. 95-3692822
SEC ↗
10.50%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
10.15%
Wells Fargo and Company
Wells Fargo and Company
SEC ↗
9.66%
Wells Capital Management Inc
Wells Capital Management Inc
SEC ↗
8.47%
Federal ID No. 94-3382001
Federal ID No. 94-3382001
SEC ↗
7.90%
30-0447847
30-0447847
SEC ↗
6.80%
Gregory Willett, as Trust Protector and Investment Manager
Gregory Willett, as Trust Protector and Investment Manager
SEC ↗
6.79%
752403190
752403190
SEC ↗

Covenant Logistics Group Executives and Management Board

13 members · avg. age 57 · 15 % women

MB

Mr. M. Paul Bunn (47)

President

2.27 M USD

Management

DP

Mr. David Parker (67)

Chairman of the Board, Chief Executive Officer · since 1985

2.04 M USD
JG

Mr. James Grant (46)

Chief Financial Officer, Executive Vice President, Principal Accounting Officer

1.21 M USD
DK

Mr. Dustin Koehl (40)

Chief Operating Officer

906,307.00 USD
JB

Ms. Joey Ballard (50)

Executive Vice President - People and Safety

879,811.00 USD

Board of Directors

WW

Mr. W. Miller Welborn (66)

Lead Independent Director

209,414.00 USD
DK

Mr. D. Michael Kramer (67)

Independent Director

189,414.00 USD
BM

Mr. Bradley Moline (58)

Independent Director

181,914.00 USD
BC

Dr. Benjamin Carson (73)

Independent Director

179,914.00 USD
HS

Mr. Herbert Schmidt (69)

Independent Director

179,414.00 USD
TR

Mr. Tracy Rosser (59)

Independent Director

171,914.00 USD

Covenant Logistics Group Supply Chain

Covenant Logistics Group Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
4 companies
#NameTrend
1
Manhattan Associates
Supplier·Software·US
0.62
0.21
0.07
0.59
0.65
0.82
2
Wabash National
Supplier·Machinery·US
-0.15
-0.22
0.78
0.69
0.35
0.32
#NameTrend
1
ORBCOMM Inc.
Supplier·US
-0.48
-0.20
0.01
-0.40
-0.02
2
Daimler Truck Holding
Supplier·Machinery·DE
-0.93
-0.60
-0.03

Frequently asked questions about Covenant Logistics Group

Covenant Logistics Group Inc. operates as a transportation and logistics services provider in the United States. The company offers a wide range of services including asset-based truckload, dedicated, temperature-controlled, and expedited services, as well as freight brokerage and logistics consulting. With a focus on customer satisfaction and efficient execution, Covenant Logistics Group Inc. aims to deliver reliable transportation solutions to a diverse customer base. As a reputable player in the industry, Covenant Logistics Group Inc. continues to leverage its extensive network, advanced technology, and experienced workforce to meet the evolving needs of its clients and drive business growth.

Covenant Logistics Group Inc is primarily active in the transportation and logistics industry.

The main competitors of Covenant Logistics Group Inc in the market are J.B. Hunt Transport Services, Inc., Werner Enterprises, Inc., and Knight-Swift Transportation Holdings Inc.

Covenant Logistics Group Inc is an American transportation and logistics provider. Founded in 1986 and based in Chattanooga, Tennessee, the company offers a wide range of services including truckload and less-than-truckload transportation, dedicated services, and freight brokerage. Covenant Logistics Group operates through its two major subsidiaries, Covenant Transport and Covenant Transport Solutions. Covenant Transport is a leading truckload carrier known for its commitment to customer satisfaction and on-time delivery. With a history spanning over three decades, Covenant Logistics Group Inc has established itself as a reliable and innovative player in the transportation industry, consistently delivering efficient and cost-effective solutions to its customers.

Covenant Logistics Group Inc has achieved several significant milestones in its history. One of the noteworthy achievements is the successful completion of the company's initial public offering (IPO) in 2016. This allowed Covenant Logistics Group Inc to expand its operations and establish itself as a publicly traded company. Additionally, the company has consistently demonstrated its commitment to providing innovative transportation and logistics solutions to its customers. With a focus on technology and operational efficiency, Covenant Logistics Group Inc has achieved steady growth and established a strong market presence. These achievements showcase the company's dedication to delivering reliable and value-added services to its clients.

Covenant Logistics Group Inc primarily operates in the United States.

Covenant Logistics Group Inc represents a set of values and corporate philosophy centered on excellence, integrity, and customer focus. As a reputable transportation and logistics provider, Covenant values efficiency, safety, and reliability in meeting client needs. The company's philosophy emphasizes building long-term partnerships, fostering a positive work environment, and delivering exceptional service. Covenant Logistics Group Inc is dedicated to prioritizing client satisfaction through its commitment to quality, innovation, and continuous improvement. As a leader in the industry, Covenant strives to uphold its values and corporate philosophy while maintaining its position as a trusted and reliable logistics partner.

Analysts currently set an average price target of 32.30 USD for the Covenant Logistics Group stock (median: 31.62 USD), implying -7.4 % versus the latest price. The consensus is based on 10 analyst ratings.

10 analysts currently rate the Covenant Logistics Group stock: 8 recommend buying, 2 holding and 0 selling. For 2026, analysts expect Covenant Logistics Group to generate revenue of 1.30 B USD and earnings per share of 1.71 USD.

Converted at the current exchange rate, the Covenant Logistics Group share trades at 30.16 EUR (34.90 USD).

The Covenant Logistics Group share (CVLG) is listed on 2 stock exchanges, including: NASDAQ (CVLG), Frankfurt (CV5.F).

Covenant Logistics Group Inc is a leading transport and logistics company that offers a wide range of services to its customers. The company has been operating in the industry for over 30 years and has earned a reputation for quality, reliability, and customer satisfaction. The company is divided into various divisions that specialize in different aspects of the transport and logistics business. The divisions include Covenant Transport, Covenant Transport Solutions, Southern Refrigerated Transport, Star Transportation, Covenant Transport Services, and Transport Financial Solutions. Covenant Transport is the largest division of the company and offers a wide range of transport services, including Full-Truckload (FTL), Less-than-Truckload (LTL), and specialized transport. The company operates a fleet of over 2,500 trucks and employs over 4,000 drivers. Covenant Transport Solutions is a subsidiary of Covenant Transport and provides logistics services. The company has an extensive network of transport partners and can offer transport solutions to customers worldwide. Southern Refrigerated Transport specializes in the transport of refrigerated goods and operates a fleet of over 1,500 refrigerated trucks. The company is able to transport a variety of refrigerated goods, including frozen products, fresh fruits and vegetables, dairy products, and meat. Star Transportation specializes in the transport of flatbed trucks and operates a fleet of over 500 heavy-duty trucks. The company offers its customers a wide range of transport solutions, including FTL and LTL. Covenant Transport Services is a logistics company that specializes in meeting the needs of customers and offers a wide range of services, including inspection of shipments for damages, billing, inventory management, and fulfillment. Transport Financial Solutions is a financial company that specializes in the financing of trucks and other commercial vehicles. The company offers financial services such as leasing, hire purchase, and vehicle financing. Covenant Logistics Group Inc also offers its customers a variety of products, including welding equipment, plant fertilizers, fertilizers, and animal feed. Through these products, the company is able to provide its customers with comprehensive service and differentiate itself from other transport and logistics companies. The track record of Covenant Logistics Group Inc is based on its commitment to customer satisfaction and the provision of high-quality services. The company relies on state-of-the-art technology and a well-thought-out logistics system to ensure that every shipment is delivered on time and the customer is satisfied. Overall, Covenant Logistics Group Inc has established itself as a reliable and competent provider of transport and logistics services. The company is diversified and able to offer its customers a variety of services and products.

The expected revenue of Covenant Logistics Group is 1.30 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Covenant Logistics Group is 42.76 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Covenant Logistics Group is currently 20.41. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Covenant Logistics Group stock.

The price-to-sales ratio (P/S) of Covenant Logistics Group is currently 0.67. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Covenant Logistics Group stock.

The Eulerpool Quality Score for Covenant Logistics Group is 1/10.

The ISIN of Covenant Logistics Group is US22284P1057. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Covenant Logistics Group is 893229. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Covenant Logistics Group is CVLG. The ticker symbol is used to trade Covenant Logistics Group shares on the stock exchange.

Over the past 12 months, Covenant Logistics Group paid a dividend of 0.28 USD . This corresponds to a dividend yield of about 0.80 %. For the coming 12 months, Covenant Logistics Group is expected to pay a dividend of 0.34 USD.

The current dividend yield of Covenant Logistics Group is 0.80 %.

Covenant Logistics Group pays a dividend, distributed in the months of , , , .

Covenant Logistics Group paid dividends every year for the past 4 years.

For the upcoming 12 months, dividends amounting to 0.34 USD are expected. This corresponds to a dividend yield of 0.96 %.

Covenant Logistics Group is assigned to the 'Industry' sector.

To receive the latest dividend of Covenant Logistics Group from amounting to 0.07 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Covenant Logistics Group distributed 0.22 USD as dividends.

The dividends of Covenant Logistics Group are distributed in USD.