Symbols / CVLG Stock $34.07 +9.23% Covenant Logistics Group, Inc.

Industrials • Trucking • United States • NYQ
CVLG (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Trucking
CEO Mr. David Ray Parker
Exch · Country NYQ · United States
Market Cap 854.89M
Enterprise Value 1.19B
Income 2.27M
Sales 1.20B
FCF (ttm) —
Book/sh 16.11
Cash/sh 0.20
Employees 2,900
Insider 10d —
IPO Oct 28, 1994
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 175.00%
P/E 212.94
Forward P/E 13.07
PEG —
P/S 0.71
P/B 2.11
P/C —
EV/EBITDA 10.24
EV/Sales 0.99
Quick Ratio —
Current Ratio —
Debt/Eq 83.84
LT Debt/Eq —
EPS (ttm) 0.16
EPS next Y 2.61
EPS Growth -29.20%
Revenue Growth 14.00%
EPS Gr Q/Q -32.70%
Rev Gr Q/Q —
Earnings (next) 2026-07-22
Earnings (prior) 2026-04-23
ROA —
ROE —
ROIC —
Gross Margin 21.17%
Oper. Margin 2.15%
Profit Margin 0.42%
Shs Outstand 20.39M
Shs Float 11.43M
Insider Own 26.04%
Instit Own 70.02%
Short Float 3.59%
Short Ratio 4.91
Short Interest 614.37K
52W High 34.16
vs 52W High -0.26%
52W Low 18.00
vs 52W Low 89.28%
Beta 1.16
Impl. Vol. 37.96%
Rel Volume 1.99
Avg Volume 165.30K
Volume 329.11K
Target (mean) $34.50
Tgt Median $34.50
Tgt Low $34.00
Tgt High $35.00
# Analysts 2
Recom Buy
Prev Close $31.19
Price $34.07
Change 9.23%
About

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 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. The 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 May 2007. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$34.50
Mean price target
2. Current target
$34.07
Latest analyst target
3. DCF / Fair value
$2.40
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$34.07
Low
$34.00
High
$35.00
Mean
$34.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-01-24 reit Stephens & Co. Overweight → Overweight $36
2024-10-25 main TD Cowen Buy → Buy $69
2024-07-26 main TD Cowen Buy → Buy $70
2024-01-25 up TD Cowen Market Perform → Outperform $66
2024-01-23 init Vertical Research — → Buy $70
2023-07-28 main Stephens & Co. Overweight → Overweight $70
2023-05-01 main Stephens & Co. — → Overweight $63
2023-01-10 up Wolfe Research Underperform → Peer Perform —
2022-10-24 main Stephens & Co. — → Equal-Weight $40
2022-04-14 down Cowen & Co. Outperform → Market Perform $21
2022-04-05 main Wolfe Research — → Underperform $20
2022-01-06 down Wolfe Research Peer Perform → Underperform $23
2020-05-22 up Stephens & Co. Equal-Weight → Overweight $15
2020-05-21 up Stifel Hold → Buy $17
2019-10-30 down Stifel Nicolaus Buy → Hold $18
2019-05-22 up Cowen & Co. Market Perform → Outperform —
2019-05-01 down Stephens & Co. Overweight → Equal-Weight —
2018-06-06 main Stifel Nicolaus Buy → Buy $36
2018-04-26 up Stifel Nicolaus Hold → Buy —
2018-03-15 up Seaport Global Neutral → Buy —
News
RSS: Latest CVLG news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-20 GRANT JAMES S. III Chief Financial Officer — 22,388 $30.75 $688,431
2026-02-27 HOGAN JOEY B Director — 2,600 $0.00 $0
2026-02-20 PARKER DAVID RAY Chief Executive Officer — 150,400 $28.98 $4,410,135
2026-02-17 PARKER DAVID RAY Chief Executive Officer — 135,000 $27.02 $3,974,031
2026-02-11 PARKER DAVID RAY Chief Executive Officer — 153,400 $28.57 $4,442,249
2026-02-04 HOGAN JOEY B Director — 5,505 $0.00 $0
2025-11-24 WELBORN WESLEY MILLER Director — 4,500 $0.00 $0
2025-07-01 BUNN M. PAUL President — 7,050 — —
2025-07-01 GRANT JAMES S. III Chief Financial Officer — 3,524 — —
2025-07-01 BUNN PAUL A President — 7,050 — —
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Revenue
1,164.47
+2.92%
1,131.48
+2.53%
1,103.57
-9.31%
1,216.86
Cost Of Revenue
994.54
+5.60%
941.83
+0.26%
939.37
-8.88%
1,030.87
Reconciled Cost Of Revenue
994.54
+5.60%
941.83
+0.26%
939.37
-8.88%
1,030.87
Gross Profit
169.93
-10.40%
189.65
+15.50%
164.20
-11.71%
185.99
Operating Expense
149.47
+4.33%
143.26
+21.44%
117.96
+11.68%
105.62
Selling General And Administration
135.69
+3.34%
131.31
+25.58%
104.56
+11.59%
93.69
General And Administrative Expense
135.69
+3.34%
131.31
+25.58%
104.56
+11.59%
93.69
Other Gand A
65.56
-8.25%
71.46
+31.23%
54.46
+26.21%
43.15
Total Expenses
1,144.01
+5.43%
1,085.09
+2.62%
1,057.34
-6.97%
1,136.50
Operating Income
20.47
-55.88%
46.39
+0.33%
46.24
-42.46%
80.36
Total Operating Income As Reported
2.94
-93.44%
44.76
-23.91%
58.82
-51.26%
120.68
EBITDA
110.37
-24.40%
146.00
-2.76%
150.15
-26.18%
203.39
Normalized EBITDA
127.90
-13.36%
147.63
+7.32%
137.56
-15.64%
163.06
Reconciled Depreciation
92.73
+7.16%
86.53
+23.71%
69.94
+21.61%
57.51
EBIT
17.65
-70.33%
59.47
-25.85%
80.21
-45.02%
145.88
Total Unusual Items
-17.53
-975.46%
-1.63
-112.95%
12.59
-68.79%
40.32
Total Unusual Items Excluding Goodwill
-17.53
-975.46%
-1.63
-112.95%
12.59
-68.79%
40.32
Special Income Charges
-17.53
-975.46%
-1.63
-112.95%
12.59
-68.79%
40.32
Impairment Of Capital Assets
10.70
0.00
0.00
—
Write Off
6.50
0.00
0.00
—
Net Income
7.24
-79.85%
35.92
-34.96%
55.23
-49.18%
108.68
Pretax Income
5.59
-87.82%
45.90
-36.47%
72.24
-49.41%
142.79
Net Non Operating Interest Income Expense
-12.05
+11.20%
-13.58
-70.40%
-7.97
-158.42%
-3.08
Interest Expense Non Operating
12.05
-11.20%
13.58
+70.40%
7.97
+158.42%
3.08
Net Interest Income
-12.05
+11.20%
-13.58
-70.40%
-7.97
-158.42%
-3.08
Interest Expense
12.05
-11.20%
13.58
+70.40%
7.97
+158.42%
3.08
Other Income Expense
-2.82
-121.56%
13.08
-61.49%
33.97
-48.15%
65.52
Tax Provision
1.18
-88.83%
10.58
-39.95%
17.61
-49.48%
34.86
Tax Rate For Calcs
0.00
-8.43%
0.00
-5.48%
0.00
-0.14%
0.00
Tax Effect Of Unusual Items
-3.70
-884.78%
-0.38
-112.24%
3.07
-68.83%
9.84
Net Income Including Noncontrolling Interests
7.24
-79.85%
35.92
-34.96%
55.23
-49.18%
108.68
Net Income From Continuing Operation Net Minority Interest
4.41
-87.51%
35.32
-35.34%
54.63
-49.39%
107.93
Net Income From Continuing And Discontinued Operation
7.24
-79.85%
35.92
-34.96%
55.23
-49.18%
108.68
Net Income Continuous Operations
4.41
-87.51%
35.32
-35.34%
54.63
-49.39%
107.93
Net Income Discontinuous Operations
2.83
+371.50%
0.60
+0.00%
0.60
-20.00%
0.75
Normalized Income
18.24
-50.13%
36.58
-18.92%
45.11
-41.76%
77.45
Net Income Common Stockholders
7.24
-79.85%
35.92
-34.96%
55.23
-49.18%
108.68
Diluted EPS
0.27
-79.23%
1.30
-35.00%
2.00
-42.86%
3.50
Basic EPS
0.28
-79.56%
1.37
-35.38%
2.12
-41.44%
3.62
Basic Average Shares
25.65
-2.51%
26.31
+0.81%
26.10
-13.05%
30.01
Diluted Average Shares
26.91
-2.90%
27.71
+0.17%
27.67
-10.89%
31.05
Diluted NI Availto Com Stockholders
7.24
-79.85%
35.92
-34.96%
55.23
-49.18%
108.68
Earnings From Equity Interest
14.71
-0.03%
14.71
-31.20%
21.38
-15.12%
25.19
Gain On Sale Of PPE
-0.34
+79.33%
-1.63
-112.95%
12.59
-68.79%
40.32
Insurance And Claims
70.12
+17.18%
59.84
+19.45%
50.10
-0.89%
50.55
Other Taxes
13.78
+15.24%
11.95
-10.85%
13.41
+12.39%
11.93
Rent Expense Supplemental
286.71
+12.74%
254.30
-6.47%
271.89
-16.50%
325.62
Line Item Trend 2025-12-31 2023-12-31 2022-12-31 2021-12-31
Total Assets
1,045.55
+9.55%
954.44
+19.81%
796.64
—
Current Assets
232.82
+25.21%
185.94
-16.49%
222.66
—
Cash Cash Equivalents And Short Term Investments
4.95
+115.61%
2.29
-96.66%
68.67
—
Cash And Cash Equivalents
4.95
+115.61%
2.29
-96.66%
68.67
—
Receivables
173.56
+12.99%
153.61
+19.63%
128.41
—
Accounts Receivable
151.80
+6.53%
142.50
+18.98%
119.77
—
Gross Accounts Receivable
154.58
+6.64%
144.95
+18.13%
122.70
—
Allowance For Doubtful Accounts Receivable
-2.78
-13.52%
-2.45
+16.53%
-2.93
—
Other Receivables
10.21
+133.89%
4.37
+14.98%
3.80
—
Taxes Receivable
11.55
+71.36%
6.74
+39.29%
4.84
—
Inventory
6.34
+30.82%
4.85
+37.88%
3.52
—
Prepaid Assets
21.66
+21.13%
17.88
+13.55%
15.75
—
Assets Held For Sale Current
26.07
+284.40%
6.78
+13.87%
5.96
—
Other Current Assets
0.24
-54.80%
0.53
+44.69%
0.37
—
Total Non Current Assets
812.73
+5.76%
768.49
+33.89%
573.99
—
Net PPE
512.68
-0.38%
514.65
+26.22%
407.74
—
Gross PPE
753.72
+8.83%
692.53
+11.76%
619.69
—
Accumulated Depreciation
-241.03
-35.51%
-177.88
+16.08%
-211.95
—
Land And Improvements
12.54
+6.74%
11.75
+0.24%
11.72
—
Buildings And Improvements
95.63
-8.36%
104.36
+8.09%
96.55
—
Construction In Progress
6.75
+127.53%
2.97
-81.54%
16.08
—
Other Properties
638.79
+11.39%
573.46
+15.77%
495.34
—
Goodwill And Other Intangible Assets
186.09
+6.12%
175.36
+64.84%
106.39
—
Goodwill
80.48
+6.24%
75.75
+30.11%
58.22
—
Other Intangible Assets
105.61
+6.02%
99.61
+106.80%
48.17
—
Investments And Advances
85.51
+28.92%
66.33
+21.20%
54.73
—
Long Term Equity Investment
85.51
+28.92%
66.33
+21.20%
54.73
—
Non Current Accounts Receivable
16.53
+254.44%
4.66
+270.16%
1.26
—
Other Non Current Assets
11.91
+59.17%
7.49
+92.86%
3.88
—
Total Liabilities Net Minority Interest
641.55
+16.43%
551.02
+31.35%
419.52
—
Current Liabilities
209.98
+23.31%
170.29
+9.08%
156.12
—
Payables And Accrued Expenses
132.95
+20.96%
109.91
-3.35%
113.72
—
Payables
45.48
+37.17%
33.16
-2.19%
33.90
—
Accounts Payable
45.48
+37.17%
33.16
-2.19%
33.90
—
Current Accrued Expenses
87.47
+13.96%
76.75
-3.84%
79.82
—
Current Debt And Capital Lease Obligation
77.03
+27.57%
60.38
+42.40%
42.40
—
Current Debt
64.00
+34.32%
47.65
+152.16%
18.90
—
Other Current Borrowings
64.00
+34.32%
47.65
+152.16%
18.90
—
Current Capital Lease Obligation
13.02
+2.29%
12.73
-45.84%
23.50
—
Other Current Liabilities
—
—
—
0.56
Total Non Current Liabilities Net Minority Interest
431.57
+13.36%
380.73
+44.55%
263.40
—
Liabilities Heldfor Sale Non Current
0.00
-100.00%
1.64
-60.12%
4.10
—
Long Term Debt And Capital Lease Obligation
261.67
+12.27%
233.08
+69.85%
137.23
—
Long Term Debt
234.05
+18.87%
196.89
+117.88%
90.37
—
Long Term Capital Lease Obligation
27.62
-23.66%
36.19
-22.77%
46.86
—
Non Current Deferred Liabilities
119.72
+3.13%
116.09
+17.61%
98.72
—
Non Current Deferred Taxes Liabilities
119.72
+3.13%
116.09
+17.61%
98.72
—
Other Non Current Liabilities
13.82
-2.48%
14.17
+89.07%
7.49
—
Stockholders Equity
404.00
+0.14%
403.42
+6.97%
377.13
—
Common Stock Equity
404.00
+0.14%
403.42
+6.97%
377.13
—
Capital Stock
0.27
+43.78%
0.18
+0.00%
0.18
—
Common Stock
0.27
+43.78%
0.18
+0.00%
0.18
—
Share Issued
26.56
-28.13%
36.95
+0.00%
36.95
—
Ordinary Shares Number
25.07
-4.10%
26.14
-3.59%
27.12
—
Treasury Shares Number
1.49
-86.26%
10.81
+9.88%
9.84
+187.34%
3.42
Additional Paid In Capital
159.49
+2.34%
155.85
+1.94%
152.89
—
Retained Earnings
278.21
-26.58%
378.92
+15.01%
329.47
—
Gains Losses Not Affecting Retained Earnings
0.61
-25.00%
0.82
-24.86%
1.09
—
Treasury Stock
34.58
-73.87%
132.35
+24.27%
106.50
—
Other Equity Adjustments
0.61
-25.00%
0.82
-24.86%
1.09
—
Total Equity Gross Minority Interest
404.00
+0.14%
403.42
+6.97%
377.13
—
Total Capitalization
638.04
+6.28%
600.31
+28.41%
467.50
—
Working Capital
22.84
+45.92%
15.65
-76.47%
66.53
—
Invested Capital
702.05
+8.35%
647.97
+33.22%
486.39
—
Total Debt
338.70
+15.41%
293.46
+63.37%
179.63
—
Net Debt
293.11
+20.99%
242.25
+496.69%
40.60
—
Capital Lease Obligations
40.65
-16.91%
48.92
-30.48%
70.36
—
Net Tangible Assets
217.91
-4.45%
228.06
-15.77%
270.74
—
Line Of Credit
—
—
—
0.00
Non Current Accrued Expenses
36.36
+130.92%
15.75
-0.71%
15.86
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
113.65
-7.52%
122.89
+44.85%
84.84
-46.72%
159.23
Cash Flow From Continuing Operating Activities
113.65
-7.52%
122.89
+44.85%
84.84
-46.72%
159.23
Net Income From Continuing Operations
7.24
-79.85%
35.92
-34.96%
55.23
-49.18%
108.68
Depreciation Amortization Depletion
92.73
+7.16%
86.53
+23.71%
69.94
+21.61%
57.51
Depreciation
81.90
—
—
—
Amortization Cash Flow
10.80
—
—
—
Depreciation And Amortization
92.73
+7.16%
86.53
+23.71%
69.94
+21.61%
57.51
Amortization Of Intangibles
10.80
—
—
—
Stock Based Compensation
3.57
-3.28%
3.69
-48.01%
7.10
+7.79%
6.59
Provisionand Write Offof Assets
-0.16
-582.61%
-0.02
+91.09%
-0.26
-170.30%
0.37
Asset Impairment Charge
17.19
0.00
0.00
—
Deferred Tax
2.43
-26.15%
3.29
-80.01%
16.48
+22.56%
13.44
Deferred Income Tax
2.43
-26.15%
3.29
-80.01%
16.48
+22.56%
13.44
Operating Gains Losses
-10.71
-13.31%
-9.45
+60.93%
-24.18
+52.44%
-50.85
Gain Loss On Investment Securities
—
—
—
—
Gain Loss On Sale Of PPE
-2.60
-259.51%
1.63
+112.95%
-12.59
+68.79%
-40.32
Change In Working Capital
1.35
-53.89%
2.93
+107.42%
-39.46
-267.97%
23.49
Change In Receivables
-9.71
-453.22%
2.75
+112.26%
-22.42
-156.80%
39.47
Change In Inventory
-0.68
+15.25%
-0.80
-152.37%
-0.32
-64.25%
-0.19
Change In Prepaid Assets
-3.35
-11.58%
-3.01
+24.79%
-4.00
-4.31%
-3.83
Change In Payables And Accrued Expense
15.09
+278.56%
3.99
+131.31%
-12.73
-6.59%
-11.95
Change In Accrued Expense
5.77
-31.31%
8.40
+337.18%
-3.54
+38.17%
-5.73
Change In Payable
9.32
+311.19%
-4.41
+51.97%
-9.19
-47.84%
-6.22
Change In Account Payable
9.32
+311.19%
-4.41
+51.97%
-9.19
-47.84%
-6.22
Cash Flow From Continuing Investing Activities
-140.06
-30.08%
-107.67
+54.36%
-235.92
-173.66%
-86.21
Net PPE Purchase And Sale
-112.05
-9.30%
-102.52
+18.49%
-125.78
-165.00%
-47.47
Purchase Of PPE
-147.57
+3.53%
-152.96
+29.71%
-217.61
-116.59%
-100.47
Sale Of PPE
35.52
-29.58%
50.44
-45.07%
91.82
+73.25%
53.00
Capital Expenditure
-147.57
+3.53%
-152.96
+29.71%
-217.61
-116.59%
-100.47
Net Investment Purchase And Sale
-0.96
-60.13%
-0.60
+72.91%
-2.20
-814.52%
-0.24
Purchase Of Investment
—
—
-2.20
-814.52%
-0.24
Sale Of Investment
—
—
0.00
0.00
Net Business Purchase And Sale
-27.05
-493.79%
-4.56
+95.78%
-107.93
-180.34%
-38.50
Purchase Of Business
-27.05
-493.79%
-4.56
+95.78%
-107.93
-180.34%
-38.50
Gain Loss On Sale Of Business
-0.01
+70.00%
-0.04
-150.00%
-0.02
+58.97%
-0.04
Financing Cash Flow
-4.26
-123.53%
18.11
-78.62%
84.71
+763.40%
-12.77
Cash Flow From Continuing Financing Activities
-4.26
-123.53%
18.11
-78.62%
84.71
+763.40%
-12.77
Net Issuance Payments Of Debt
45.80
+52.46%
30.04
-76.83%
129.66
+67.39%
77.46
Issuance Of Debt
210.52
+19.06%
176.81
-39.85%
293.93
+89.17%
155.38
Repayment Of Debt
-164.72
-12.23%
-146.77
+10.65%
-164.27
-111.42%
-77.70
Long Term Debt Issuance
210.52
+19.06%
176.81
-39.85%
293.93
+89.17%
155.38
Long Term Debt Payments
-164.72
-12.23%
-146.77
+10.65%
-164.27
-111.42%
-77.70
Net Long Term Debt Issuance
45.80
+52.46%
30.04
-76.83%
129.66
+66.92%
77.68
Short Term Debt Issuance
—
—
—
—
Short Term Debt Payments
—
—
—
-0.22
Net Short Term Debt Issuance
—
0.00
0.00
+100.00%
-0.22
Net Common Stock Issuance
-36.57
0.00
+100.00%
-25.43
+69.98%
-84.72
Common Stock Payments
-36.57
0.00
+100.00%
-25.43
+69.98%
-84.72
Common Stock Dividend Paid
-7.16
-23.57%
-5.80
-0.26%
-5.78
-34.85%
-4.29
Cash Dividends Paid
-7.16
-23.57%
-5.80
-0.26%
-5.78
-34.85%
-4.29
Repurchase Of Capital Stock
-36.57
0.00
+100.00%
-25.43
+69.98%
-84.72
Proceeds From Stock Option Exercised
0.40
-77.28%
1.76
+644.07%
0.24
-38.54%
0.38
Net Other Financing Charges
-6.73
+14.77%
-7.89
+43.53%
-13.98
-770.42%
-1.61
Changes In Cash
-30.67
-192.04%
33.33
+150.21%
-66.37
-210.15%
60.25
Beginning Cash Position
35.62
+1452.70%
2.29
-96.66%
68.67
+716.27%
8.41
End Cash Position
4.95
-86.11%
35.62
+1452.70%
2.29
-96.66%
68.67
Free Cash Flow
-33.92
-12.81%
-30.07
+77.35%
-132.77
-325.94%
58.76
Interest Paid Supplemental Data
13.14
+131.62%
5.67
+6.67%
5.32
+60.89%
3.31
Income Tax Paid Supplemental Data
4.67
-35.72%
7.27
+73.63%
4.19
-74.86%
16.65
Earnings Losses From Equity Investments
-8.09
+26.67%
-11.04
+4.71%
-11.58
-10.40%
-10.49
Sale Of Business
—
—
—
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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