Covenant Logistics/CVLG

$51.53

-0.15%
-
1D1W1MYTD1YMAX

About Covenant Logistics

Covenant Logistics Group, Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout the United States. The Company's primary services include asset-based expedited and dedicated truckload capacity, as well as asset-light warehousing, transportation management, and freight brokerage capability. Its asset-based transportation services include two segments: Expedited and Dedicated, both of which transport full trailer loads of freight from origin to destination. Its Expedited segment transports freight over nonroutine routes. Its Dedicated segment provides similar transportation services but does so pursuant to agreements whereby the Company makes its equipment available to a specific customer for shipments over particular routes at specified times. It also offers non-asset based or asset light logistics services through its Managed Freight segment. It offers day-to-day warehouse management services through its Warehousing segment.

Ticker

CVLG

Sector

Industrials

Trading on

NASDAQ

Industry

Trucking

CEO

David Parker

Employees

4,607

Headquarters

Chattanooga, United States

CVLG Metrics

BasicAdvanced
$668.18M
Market cap
12.82
P/E ratio
$4.02
EPS
1.43
Beta
$0.44
Dividend rate
0.85%
Dividend yield

What the Analysts think about CVLG

Analyst Ratings

Majority rating from 4 analysts.
Buy

Price Targets

Average projection from 3 analysts.
36.48% upside
High $75.00
Low $66.00
$51.53
Current price
$70.33
Average price target

CVLG Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
4.63% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$273.9M
-5.13%
Net income
$12.7M
-5.93%
Profit margin
4.63%
-0.86%

CVLG Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 3.88%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.93
$1.07
$1.13
$1.07
-
Expected
$0.81
$0.95
$1.13
$1.03
$0.78
Surprise
15.17%
12.63%
-0.29%
3.88%
-
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.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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