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Covenant Logistics/$CVLG

14:30
16:10
17:45
19:25
21:00
1D1W1MYTD1Y5YMAX

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

Trading on

NYSE

Industry

Ground Transportation

Employees

3,750

CVLG Metrics

BasicAdvanced
$782M
Market cap
19.66
P/E ratio
$3.02
EPS
1.40
Beta
$0.44
Dividend rate
0.74%
Dividend yield
$782M
1.4
$60.19
$41.47
57K
$0.44
1.103
0.914
53.626
75.653
13.76%
4.85%
4.07%
10.03%
19.663
0.689
1.81
3.01
-7.455
0.74%
0.74%
0.22%
-22.07%
4.91%
43.58%

What the Analysts think about CVLG

Analyst Ratings

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

CVLG Financial Performance

Income Statement

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

Earnings per share (EPS)

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 a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books 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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Upcoming events

Dec
27
Covenant Logistics
Dividend·Payment
$0.11
Per share
Dec
31
Covenant Logistics
Split
2-for-1

FAQs

What’s the current market cap for Covenant Logistics stock?

Covenant Logistics (CVLG) has a market cap of $782M as of December 12, 2024.

What is the P/E ratio for Covenant Logistics stock?

The price to earnings (P/E) ratio for Covenant Logistics (CVLG) stock is 19.66 as of December 12, 2024.

Does Covenant Logistics stock pay dividends?

Yes, the Covenant Logistics (CVLG) stock pays dividends to shareholders. As of December 12, 2024, the dividend rate is $0.44 and the yield is 0.74%. Covenant Logistics has a payout ratio of 13.76% on a trailing twelve-month basis.

When is the next Covenant Logistics dividend payment date?

The next Covenant Logistics (CVLG) dividend payment is scheduled for December 27, 2024.

What is the beta indicator for Covenant Logistics?

Covenant Logistics (CVLG) has a beta rating of 1.4. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.