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
$785M
151.42
$0.20
1.40
$0.28
0.91%
Price and volume
Market cap
$785M
Beta
1.4
52-week high
$49.88
52-week low
$18.00
Average daily volume
172K
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)
151.418
Price to revenue (TTM)
0.604
Price to book
1.9
Price to tangible book (TTM)
3.37
Dividend yield (TTM)
0.91%
Forward dividend yield
0.91%
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 Covenant’s fleet was under long-term contracts at the end of Q3, while the share of Expedited tractors on committed agreements rose to 58% from 40% three months earlier. A growing customer pipeline could make earnings less exposed to spot-market swings. (Covenant Logistics Group)
Managed Freight is turning its expanded brokerage operation into stronger results: Q3 freight revenue rose 68.4%, adjusted segment operating income more than doubled to $7.1 million, and its adjusted operating ratio improved to 94.2% from 95.8%. Customer rate increases and easing purchased-capacity costs supported the improvement. (Covenant Logistics Group)
Adjusted diluted EPS rose to $0.50 in Q3 from $0.44 a year earlier, the first sequential and year-on-year increase since Q2 2022. Management expects a further modest sequential rise in Q4. (Covenant Logistics Group)
Costs are still outrunning the improvement in truckload pricing: adjusted operating expenses per mile rose 20.8% year on year in Q3, against a 19.7% rise in freight revenue per mile. The adjusted operating ratio consequently worsened to 95.0% from 94.4%. (Covenant Logistics Group)
The asset-based truckload business remains smaller: Q3 combined Truckload freight revenue fell 3.4% year on year as the average fleet shrank 8.9%, and Expedited freight revenue declined 12%. Repositioning assets and starting new contracts also disrupted utilisation and added costs. (Covenant Logistics Group)
Insurance and claims could keep earnings volatile: Covenant retains significant claims risk, and management has warned that high retentions and the Montgomery decision could increase exposure, including in Managed Freight. The company again flagged higher claims expense as a growing risk in Q3. (SEC, Covenant Logistics Group)
Data summarised monthly by Lightyear AI. Last updated on 30 Oct 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£R2SC | $5.3B | 0.01% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.01% |
SPDR MSCI USA Small Cap Value Weighted$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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