Covenant Logistics/$CVLG
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Covenant Logistics
Covenant Logistics Group Inc together with its wholly-owned subsidiaries, offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight, and Warehousing. The expedited segment provides truckload services to customers with high service freight and delivery standards. Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length. The Managed Freight segment includes brokerage services and TMS. The warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function.
- Ticker
- $CVLG
- Sector
- Mobility
- Primary listing
- NYSE
- Employees
- 3,800
- Headquarters
- Chattanooga, United States
- Website
- www.covenantlogistics.com
CVLG Metrics
BasicAdvanced
$801M
154.50
$0.20
1.40
$0.28
0.89%
Price and volume
Market cap
$801M
Beta
1.4
52-week high
$49.88
52-week low
$18.00
Average daily volume
199K
Dividend rate
$0.28
Financial strength
Total debt to equity
0.786
Interest coverage (TTM)
1.67%
Profitability
EBITDA (TTM)
116.678
Gross margin (TTM)
19.41%
Net profit margin (TTM)
0.42%
Operating margin (TTM)
1.81%
Effective tax rate (TTM)
24.41%
Revenue per employee (TTM)
$340,000
Management effectiveness
Valuation
Price to earnings (TTM)
154.503
Price to revenue (TTM)
0.616
Price to book
1.94
Price to tangible book (TTM)
3.44
Dividend yield (TTM)
0.89%
Forward dividend yield
0.89%
Growth
Revenue change (TTM)
12.46%
Earnings per share change (TTM)
-82.68%
3-year revenue growth (CAGR)
4.63%
10-year revenue growth (CAGR)
6.49%
3-year earnings per share growth (CAGR)
-52.76%
10-year earnings per share growth (CAGR)
-11.07%
3-year dividend per share growth (CAGR)
-30.10%
What the Analysts think about CVLG
Analyst ratings (Buy, Hold, Sell) for Covenant Logistics stock.
Analyst projections of the future price of Covenant Logistics stock.
Bulls say / Bears say
About 80% of fleet assets were under long-term contracts at quarter-end, including 58% of Expedited tractors, up from 40% three months earlier. As more contracts mature, Covenant expects less disruption from fleet repositioning and a steadier revenue base. (SEC)
Managed Freight freight revenue rose 68.4% year on year and adjusted operating income increased about 133%, helped by the acquired brokerage business, customer rate increases and lower purchased-capacity costs. That growth helped offset transition costs in Truckload. (SEC, The Motley Fool)
Dedicated freight revenue grew 4.2% and Warehousing revenue grew 7.8% in the third quarter. Management expects Dedicated fleet growth, giving Covenant a path to expand beyond brokerage-led growth. (SEC)
The latest quarter did not reverse the year-to-date earnings decline: adjusted earnings per share were $1.18 for the first nine months, down from $1.22 a year earlier, while adjusted operating income fell to $37.6 million from $40.9 million. Adjusted operating ratio also worsened to 95.8% from 94.8%. (SEC)
Truckload costs are still outrunning pricing: adjusted operating expenses per mile rose about 20.8% year on year, versus a 19.7% increase in freight revenue per mile. Driver and equipment inflation, hiring and contract start-up costs are weighing on margins during the shift to committed business. (SEC)
Managed Freight’s strong brokerage margins may not last, and management warned that higher insurance and claims costs are becoming a greater risk in the segment. A reversal in capacity costs or worse claims could therefore erode a key source of recent earnings growth. (The Motley Fool)
Data summarised monthly by Lightyear AI. Last updated on 2 Nov 2026.
CVLG Financial Performance
Revenues and expenses
CVLG Earnings Performance
Company profitability
Upcoming events
No upcoming events
CVLG News
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Funds containing CVLG
Fund name | Fund size | $CVLG weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.02% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.02% |
SPDR MSCI USA Small Cap Value Weighted$USSC | $1.1B | 0.01% |
Xtrackers MSCI World Small Cap$XSWC | $183M | 0.00% |
SPDR MSCI All Country World IM€SPYI | $7.7B | 0.00% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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