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Market Cap 708.52M P/E 8.13 EPS this Y -1.20% Ern Qtrly Grth -0.80%
Income 41.87M Forward P/E 11.38 EPS next Y 23.60% 50D Avg Chg 27.00%
Sales 1.13B PEG 2.55 EPS past 5Y 52.89% 200D Avg Chg 46.00%
Dividend 1.00% Price/Book 1.95 EPS next 5Y 5.00% 52W High Chg -3.00%
Recommedations 2.00 Quick Ratio 0.85 Shares Outstanding 10.82M 52W Low Chg 105.00%
Insider Own 26.96% ROA 4.14% Shares Float 7.81M Beta 1.34
Inst Own 65.81% ROE 10.48% Shares Shorted/Prior 88.70K/134.74K Price 55.43
Gross Margin 22.96% Profit Margin 3.76% Avg. Volume 71,058 Target Price 70.33
Oper. Margin 5.71% Earnings Date Oct 23 Volume 54,872 Change 2.18%
About Covenant Logistics Group, Inc.

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 equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers' freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs. Its Warehousing segment provides day-to-day warehouse management services to customers, as well as shuttle and switching services related to shuttling containers and trailers. The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in July 2020. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.

Covenant Logistics Group, Inc. News
11/08/24 Covenant Logistics Group's (NYSE:CVLG) Shareholders Have More To Worry About Than Only Soft Earnings
10/30/24 Covenant Logistics Group Named 2024 Top Company for Women to Work in Transportation
10/25/24 Covenant Logistics Group Third Quarter 2024 Earnings: Misses Expectations
10/23/24 Covenant Logistics (NASDAQ:CVLG) Misses Q3 Sales Targets
10/23/24 Covenant Logistics Group Announces Third Quarter Financial and Operating Results
10/03/24 Covenant Logistics Group, Inc.'s (NYSE:CVLG) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
10/02/24 Covenant Logistics Group, Inc. Announces Timing of Third Quarter Earnings Release and Conference Call
09/25/24 Covenant Logistics Receives U.S. EPA 2024 SmartWay Excellence Award
09/16/24 Covenant Logistics’ Abby Hamm Named Recipient of 2024 Women in Supply Chain Award
09/12/24 Returns On Capital At Covenant Logistics Group (NYSE:CVLG) Have Stalled
08/23/24 Covenant Logistics Group (NYSE:CVLG) Has Announced A Dividend Of $0.11
08/19/24 Covenant Logistics Group Announces Quarterly Cash Dividend
08/11/24 Logistics Management announces Covenant Logistics as a winner of the 41st Annual Quest for Quality Awards
08/10/24 Covenant Logistics Group's (NYSE:CVLG) Problems Go Beyond Weak Profit
07/28/24 What Is Covenant Logistics Group, Inc.'s (NASDAQ:CVLG) Share Price Doing?
07/26/24 Covenant Logistics Group Announces Move to New York Stock Exchange
03:05 PM Covenant Logistics Group Announces Second Quarter Financial and Operating Results
07/11/24 Is There An Opportunity With Covenant Logistics Group, Inc.'s (NASDAQ:CVLG) 29% Undervaluation?
07/01/24 Covenant Logistics Group, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call
06/11/24 Investors in Covenant Logistics Group (NASDAQ:CVLG) have seen splendid returns of 234% over the past five years
CVLG Chatroom

User Image Doozio Posted - 2 weeks ago

$CVLG if only they wud give a sign in da FUTUre of 🧠⏰ which is NOW INTA 🧠⏰♾️

User Image Estimize Posted - 10/28/24

Wall St is expecting 284.91 revenue for $CVLG Q4 [Reporting 01/22 AMC] http://www.estimize.com/intro/cvlg?chart=historical&metric_name=reve

User Image DonCorleone77 Posted - 1 month ago

$CVLG Covenant Logistics reports Q3 EPS $1.09, consensus $1.10 Reports Q3 revenue $ $287.9M, consensus $299.81M...Chairman and Chief Executive Officer, David R. Parker, commented: "We are pleased to report third quarter earnings of 94c per diluted share and non-GAAP adjusted earnings of $1.09 per diluted share. "Highlights of our third quarter's results include year over year freight revenue growth of 2.1%, operating income growth of 7.2%, and non-GAAP adjusted operating income growth of 8.3%. We were also pleased with a $36.6 million sequential reduction of our net indebtedness, composed of total debt and finance lease obligations, net of cash, while improving the average age of our fleet by one month. Our core business continues to perform well despite the prolonged general freight market down cycle, as a result of capitalizing on new value-added commercial opportunities where available, allocating equipment investments toward more profitable operations, and controlling costs. "Our 49% equity method investment with Transport Enterprise Leasing contributed pre-tax net income of $4.0 million, or $0.22 per share, compared to $5.3 million, or $0.29 per share, in the 2023 quarter. The decrease in pre-tax net income for TEL was primarily a result of deterioration in the equipment market, suppressing gains on sale of used equipment, and increased interest expense associated with higher interest rates on equipment related debt."

User Image vjtweet Posted - 1 month ago

$KNX has long position. Other trucking companies $CVLG $SNDR $XPO turning around too.

User Image NVDAMillionaire Posted - 07/31/24

$CVLG Covenant Logistics Group, Inc. (CVLG): Navigating Challenges with Resilience and Adaptability http://beyondspx.com/2024/07/30/covenant-logistics-group-inc-cvlg-navigating-challenges-with-resilience-and-adaptability/

User Image IN0V8 Posted - 07/29/24

$CVLG Opportunity Stephens raises target price to $71 from $66

User Image Stock_Titan Posted - 07/26/24

$CVLG Covenant Logistics Group Announces Move to New York Stock Exchange https://www.stocktitan.net/news/CVLG/covenant-logistics-group-announces-move-to-new-york-stock-r3kgk8blj1al.html

User Image Keystonefin Posted - 07/25/24

$CVLG I may have some of this stock.

User Image epsguid Posted - 3 months ago

$CVLG reported earnings of $1.04, consensus was $0.95 via @eWhispers #epsbeat http://eps.sh/d/cvlg

User Image Stock_Titan Posted - 3 months ago

$CVLG Covenant Logistics Group Announces Second Quarter Financial and Operating Results https://www.stocktitan.net/news/CVLG/covenant-logistics-group-announces-second-quarter-financial-and-slb01u5uigir.html

User Image Stock_Titan Posted - 4 months ago

$CVLG Covenant Logistics Group, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call https://www.stocktitan.net/news/CVLG/covenant-logistics-group-inc-announces-timing-of-second-quarter-ge6nbkxxlwfa.html

User Image StockInvest_us Posted - 5 months ago

Signal alert: $CVLG - Double Top https://stockinvest.us/l/QPagO9Rpq5

User Image DonCorleone77 Posted - 6 months ago

$CVLG Covenant Logistics reports Q1 adjusted EPS 84c, consensus 78c Reports Q1 revenue $278.8M vs. $266.9M last year. Chairman and Chief Executive Officer, David R. Parker, commented: "We are pleased to report first quarter earnings of $0.29 per diluted share and non-GAAP adjusted earnings of $0.84 per diluted share. The primary EPS adjustment excludes approximately $8.1 million in pre-tax acquisition related contingent consideration expense for the achievement of certain growth goals for the Lew Thompson & Son poultry feed and live haul business acquired in the second quarter of 2023. We were pleased with how our team navigated the environment by capitalizing on opportunities where available, allocating equipment investments toward more profitable operations, and controlling costs. We believe that successfully executing two major startups in our Dedicated segment during the quarter will continue the momentum in future quarters as they fully ramp up. Our results during the first quarter continued to demonstrate the power of our diversified logistics service offerings. The first quarter's freight market, consisting of freight rates and volumes, remained soft and in many ways comparable to a year ago. Adding to the general market headwinds, used equipment prices continued to decline and adverse weather conditions experienced in January created incremental cost and operational challenges. Our 49% equity method investment with Transport Enterprise Leasing contributed pre-tax net income of $3.7 million, or $0.20 per share, compared to $5.9 million, or $0.31 per share, in the 2023 quarter. The decrease in pre-tax net income for TEL was primarily a result of continued deterioration in the equipment market, suppressing gains on sale of used equipment."

User Image epsguid Posted - 6 months ago

$CVLG reported earnings of $0.84, consensus was $0.81 via @eWhispers #epsbeat http://eps.sh/d/cvlg

User Image Stock_Titan Posted - 6 months ago

$CVLG Covenant Logistics Group Announces First Quarter Financial and Operating Results https://www.stocktitan.net/news/CVLG/covenant-logistics-group-announces-first-quarter-financial-and-ow499ta3g4q6.html

User Image Stock_Titan Posted - 7 months ago

$CVLG Covenant Logistics Group, Inc. Announces Timing of First Quarter Earnings Release and Conference Call https://www.stocktitan.net/news/CVLG/covenant-logistics-group-inc-announces-timing-of-first-quarter-qy8nkpfeq9zw.html

User Image StockInvest_us Posted - 03/26/24

Signal alert: $CVLG - Oversold Trend Short (Undervalued) https://stockinvest.us/l/cA1JQxliLU

User Image StockInvest_us Posted - 8 months ago

Signal alert: $CVLG - Oversold Trend Short (Undervalued) https://stockinvest.us/l/u1XHUkRHN7

User Image TickerDD_com Posted - 8 months ago

From 3/1/2024, looking back across 22 Month-Ends for CVLG, Percentage Change of Average Monthly Price had More Positives (68%) while Percentage Change of Average Monthly Volume had All Positives (100%) $CVLG #CVLG #CVLGStock #TickerDD https://www.youtube.com/watch?v=oBt_gv73FqQ

User Image StockInvest_us Posted - 8 months ago

Signal alert: $CVLG - Oversold Trend Short (Undervalued) https://stockinvest.us/l/w2IIZE7AHU

User Image StockInvest_us Posted - 8 months ago

Signal alert: $CVLG - Oversold Trend Short (Undervalued) https://stockinvest.us/l/BwBkUWlCIW

User Image Stock_Titan Posted - 8 months ago

$CVLG Women In Trucking Association Names Covenant Logistics’ Abby Hamm and Lori Fulmer as 2024 Top Women to Watch in Transportation https://www.stocktitan.net/news/CVLG/women-in-trucking-association-names-covenant-logistics-abby-hamm-and-h7wf8c4q3o1b.html

User Image Stock_Titan Posted - 8 months ago

$CVLG Matthew Duncan of Covenant Logistics Named 2023 Transport Topics Recruiting Professional of the Year https://www.stocktitan.net/news/CVLG/matthew-duncan-of-covenant-logistics-named-2023-transport-topics-oflq90wfrhdg.html

User Image iTrade_Price Posted - 8 months ago

$CVLG --

User Image insiderbuyingselling Posted - 02/29/24

$CVLG new insider selling: 22000 shares. http://insiderbuyingselling.com/?t=CVLG

User Image iTrade_Price Posted - 02/29/24

$CVLG I am in

User Image iTrade_Price Posted - 02/28/24

$CVLG starting to accumulate

User Image insiderbuyingselling Posted - 02/26/24

$CVLG new insider selling: 118000 shares. http://insiderbuyingselling.com/?t=CVLG

User Image Stock_Titan Posted - 9 months ago

$CVLG Covenant Logistics Group Announces Quarterly Cash Dividend https://www.stocktitan.net/news/CVLG/covenant-logistics-group-announces-quarterly-cash-wdaa8ojpcq2b.html

User Image Doozio Posted - 9 months ago

$CVLG chop chop huckleberries… 🧠⏰

Analyst Ratings
TD Cowen Buy Jul 26, 24
TD Cowen Outperform Jan 25, 24
Vertical Research Buy Jan 23, 24
Stephens & Co. Overweight Jul 28, 23
Stephens & Co. Overweight May 1, 23
Wolfe Research Peer Perform Jan 10, 23
Stephens & Co. Equal-Weight Oct 24, 22
Cowen & Co. Market Perform Apr 14, 22
Wolfe Research Underperform Apr 5, 22
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
HOGAN JOEY B Director Director Jan 26 Sell 50.85 10,000 508,500 92,374 01/30/24
HOGAN JOEY B Executive Vice Presi.. Executive Vice President May 22 Sell 39.74 7,324 291,056 61,165 05/24/23
HOGAN JOEY B President President Sep 28 Sell 30.0031 900 27,003 67,648 09/30/22
HOGAN JOEY B President President Sep 07 Sell 28.2625 5,303 149,876 68,548 09/09/22
HOGAN JOEY B President President Sep 01 Sell 28.43 6,500 184,795 73,851 09/06/22
HOGAN JOEY B President President Aug 29 Sell 29.19 18,197 531,170 80,351 08/31/22
BOSWORTH ROBERT E Director Director Aug 23 Sell 32.75 33,000 1,080,750 15,168 08/25/22
Hough Samuel F EVP - Expedited Ops. EVP - Expedited Ops. Jul 28 Sell 33.23 42,998 1,428,824 32,913 08/01/22
KRAMER D MICHAEL Director Director May 26 Buy 20.91 100 2,091 200 05/27/22