Covenant Logistics/$CVLG

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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. 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. Managed Freight segment includes brokerage services and TMS. Warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. Majority of revenue is generated from expedited segment.

Ticker

$CVLG

Sector

Mobility

Primary listing

NYSE

Employees

3,950

CVLG Metrics

BasicAdvanced
$490M
16.59
$1.18
1.16
$0.27
1.43%

What the Analysts think about CVLG

Analyst ratings (Buy, Hold, Sell) for Covenant Logistics stock.

Bulls say / Bears say

Covenant Logistics posted record consolidated freight revenue of $276.5 million in Q2 2025, up 7.8% year-over-year, the highest quarterly freight revenue in company history (GlobeNewswire)
In Q2 2025, the company repurchased roughly 1.6 million shares of Class A common stock at an average price of $22.69 per share, deploying $35.2 million of its $50 million buyback program, underscoring management’s confidence (GlobeNewswire)
In Q3 2025, total revenue increased 3.1% year-over-year to $296.9 million, showing resilience in top-line performance despite industry overcapacity (GlobeNewswire)
Adjusted operating income fell 22.6% year-over-year to $14.98 million in Q3 2025, down from $19.33 million in Q3 2024, signaling continued margin pressure from rising costs (GlobeNewswire)
The combined Truckload segment operating ratio deteriorated to 95.4% in Q3 2025 from 88.4% a year ago, due to under-utilized equipment and increased salary and maintenance expenses (GlobeNewswire)
Net debt climbed to $268.7 million as of June 30, 2025, raising the net debt-to-capitalization ratio to 39.2% and potentially limiting the company’s financial flexibility (GlobeNewswire)
Data summarised monthly by Lightyear AI. Last updated on 10 Nov 2025.

CVLG Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

CVLG Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
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 sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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