Covenant Logistics/$CVLG
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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
$863M
249.58
$0.14
1.30
$0.28
0.82%
Price and volume
Market cap
$863M
Beta
1.3
52-week high
$49.88
52-week low
$18.00
Average daily volume
216K
Dividend rate
$0.28
Financial strength
Current ratio
1.137
Quick ratio
0.921
Long term debt to equity
0.597
Total debt to equity
0.716
Dividend payout ratio (TTM)
185.60%
Interest coverage (TTM)
1.42%
Profitability
EBITDA (TTM)
113.095
Gross margin (TTM)
20.26%
Net profit margin (TTM)
0.31%
Operating margin (TTM)
1.50%
Effective tax rate (TTM)
-7.85%
Revenue per employee (TTM)
$320,000
Management effectiveness
Return on assets (TTM)
1.15%
Return on equity (TTM)
0.23%
Valuation
Price to earnings (TTM)
249.583
Price to revenue (TTM)
0.692
Price to book
2.09
Price to tangible book (TTM)
3.7
Price to free cash flow (TTM)
-22.521
Free cash flow yield (TTM)
-4.44%
Free cash flow per share (TTM)
-1.51
Dividend yield (TTM)
0.82%
Forward dividend yield
0.82%
Growth
Revenue change (TTM)
8.34%
Earnings per share change (TTM)
-89.69%
3-year revenue growth (CAGR)
2.37%
10-year revenue growth (CAGR)
5.87%
3-year earnings per share growth (CAGR)
-65.05%
10-year earnings per share growth (CAGR)
-16.12%
3-year dividend per share growth (CAGR)
13.80%
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
Covenant is improving revenue quality rather than simply chasing volume. In the second quarter, combined truckload revenue per tractor per week rose 5.9%, while 15% of the Expedited fleet moved from uncommitted freight into attractive committed contracts. (Covenant Logistics Group)
The company is building faster-growing, less commodity-like businesses. Managed Freight revenue rose 28.4% year on year, and warehousing revenue increased after a major customer launch, with management expecting that operation's margins to recover as start-up inefficiencies ease. (Covenant Logistics Group, Covenant Logistics Group)
Balance-sheet pressure is manageable while the business transitions. Net indebtedness fell by about $6.6 million in the first half, leaving adjusted leverage at roughly 2.2 times, and the TEL investment added $5.3 million of pre-tax income in the second quarter. (Covenant Logistics Group)
Second-quarter revenue rose 9.9%, but net income fell 13.3% and adjusted operating income fell 19%. This shows that growth is not yet converting into stronger profits. (Covenant Logistics Group, SEC filing)
Managed Freight grew freight revenue by 28.4%, but its margin weakened because spot-market capacity costs rose faster than Covenant could lift contractual customer rates. A discontinued surge contract also made the comparison tougher. (Covenant Logistics Group, SEC filing)
Cost volatility remains a material earnings risk. Maintenance and insurance claims were around $0.08 per share above normal in the second quarter, while Covenant retains significant insurance exposure and warns that large claims and legal developments can keep costs unpredictable. (Covenant Logistics Group, The Motley Fool)
Data summarised monthly by Lightyear AI. Last updated on 17 Sept 2026.
CVLG Financial Performance
Revenues and expenses
CVLG Earnings Performance
Company profitability
Upcoming events
CVLG News
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Funds containing CVLG
AllEURGBP
Fund name | Fund size | $CVLG weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.02% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.01% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.01% |
SPDR MSCI All Country World IM€SPYI | €7.5B | 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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