covenant logistics - CVLG

CVLG

Close Chg Chg %
25.27 0.16 0.63%

Pre-Market

25.43

+0.16 (0.63%)

Volume: 175.38K

Last Updated:

Jan 9, 2026, 4:00 PM EDT

Company Overview: covenant logistics - CVLG

CVLG Key Data

Open

$24.99

Day Range

24.81 - 25.74

52 Week Range

17.46 - 29.47

Market Cap

$619.17M

Shares Outstanding

25.05M

Public Float

14.54M

Beta

1.21

Rev. Per Employee

N/A

P/E Ratio

20.84

EPS

$1.24

Yield

113.27%

Dividend

$0.07

EX-DIVIDEND DATE

Dec 5, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

144.60K

 

CVLG Performance

1 Week
 
13.05%
 
1 Month
 
8.85%
 
3 Months
 
22.74%
 
1 Year
 
-4.07%
 
5 Years
 
219.32%
 

CVLG Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 4
Full Ratings ➔

About covenant logistics - CVLG

Covenant Logistics Group, Inc. is a holding company, which engages in the provision of freight and logistics services. It operates through the following segments: Highway Services and Dedicated Contract Services. The Highway Services Segment includes two separate service offerings: Expedited Services ("Expedited") and Over-the-Road Services ("OTR"), both of which transport one-way freight over non-routine routes. The Dedicated Contract Services Segment provides similar transportation services, but does so pursuant to agreements whereby equipment available to a specific customer for shipments over particular routes at specified times. The company was founded by David Ray Parker in 1986 and is headquartered in Chattanooga, TN.

CVLG At a Glance

Covenant Logistics Group, Inc.
400 Birmingham Highway
Chattanooga, Tennessee 37419
Phone 1-423-821-1212 Revenue 1.13B
Industry Trucking Net Income 35.92M
Sector Transportation 2024 Sales Growth 2.528%
Fiscal Year-end 12 / 2025 Employees 4,800
View SEC Filings

CVLG Valuation

P/E Current 20.838
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 21.028
Price to Sales Ratio 0.668
Price to Book Ratio 1.646
Price to Cash Flow Ratio 6.15
Enterprise Value to EBITDA 7.648
Enterprise Value to Sales 0.898
Total Debt to Enterprise Value 0.292

CVLG Efficiency

Revenue/Employee 235,724.167
Income Per Employee 7,483.542
Receivables Turnover 7.437
Total Asset Turnover 1.11

CVLG Liquidity

Current Ratio 1.18
Quick Ratio 1.149
Cash Ratio 0.196

CVLG Profitability

Gross Margin 11.472
Operating Margin 4.10
Pretax Margin 4.056
Net Margin 3.175
Return on Assets 3.464
Return on Equity 8.392
Return on Total Capital 4.804
Return on Invested Capital 5.449

CVLG Capital Structure

Total Debt to Total Equity 67.73
Total Debt to Total Capital 40.38
Total Debt to Total Assets 28.683
Long-Term Debt to Equity 50.55
Long-Term Debt to Total Capital 30.137
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Covenant Logistics - CVLG

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
1.05B 1.22B 1.10B 1.13B
Sales Growth
+24.74% +16.33% -9.31% +2.53%
Cost of Goods Sold (COGS) incl D&A
937.51M 1.08B 989.47M 1.00B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
53.88M 57.51M 69.94M 86.53M
Depreciation
49.88M 53.21M 62.44M 77.03M
Amortization of Intangibles
4.00M 4.30M 7.50M 9.50M
COGS Growth
+20.75% +15.35% -8.50% +1.23%
Gross Income
108.49M 135.44M 114.10M 129.80M
Gross Income Growth
+74.53% +24.84% -15.75% +13.76%
Gross Profit Margin
+10.37% +11.13% +10.34% +11.47%
2021 2022 2023 2024 5-year trend
SG&A Expense
35.57M 43.51M 54.46M 71.46M
Research & Development
- - - -
-
Other SG&A
35.57M 43.51M 54.46M 71.46M
SGA Growth
-10.77% +22.34% +25.15% +31.23%
Other Operating Expense
9.56M 11.56M 13.41M 11.95M
Unusual Expense
- - - -
-
EBIT after Unusual Expense
63.36M 80.36M 46.24M 46.39M
Non Operating Income/Expense
18.58M 65.52M 33.97M 13.08M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
14.78M 25.19M 21.38M 14.71M
Interest Expense
2.79M 3.08M 7.97M 13.58M
Interest Expense Growth
-59.20% +10.46% +158.42% +70.40%
Gross Interest Expense
2.79M 3.08M 7.97M 13.58M
Interest Capitalized
- - - -
-
Pretax Income
79.15M 142.79M 72.24M 45.90M
Pretax Income Growth
+567.70% +80.40% -49.41% -36.47%
Pretax Margin
+7.57% +11.73% +6.55% +4.06%
Income Tax
20.96M 34.86M 17.61M 10.58M
Income Tax - Current - Domestic
12.65M 21.26M 1.44M 8.41M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
8.31M 13.60M 16.17M 2.17M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
14.78M 25.19M 21.38M 14.71M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
58.19M 107.93M 54.63M 35.32M
Minority Interest Expense
- - - -
-
Net Income
58.19M 107.93M 54.63M 35.32M
Net Income Growth
+512.12% +85.48% -49.39% -35.34%
Net Margin Growth
+5.56% +8.87% +4.95% +3.12%
Extraordinaries & Discontinued Operations
2.54M 750.00K 600.00K 600.00K
Discontinued Operations
2.54M 750.00K 600.00K 600.00K
Net Income After Extraordinaries
60.73M 108.68M 55.23M 35.92M
Preferred Dividends
- - - -
-
Net Income Available to Common
60.73M 108.68M 55.23M 35.92M
EPS (Basic)
1.8072 3.6213 2.1164 1.3655
EPS (Basic) Growth
+260.88% +100.38% -41.56% -35.48%
Basic Shares Outstanding
33.61M 30.01M 26.10M 26.31M
EPS (Diluted)
1.7841 3.5004 1.9961 1.2961
EPS (Diluted) Growth
+258.83% +96.20% -42.98% -35.07%
Diluted Shares Outstanding
34.04M 31.05M 27.67M 27.71M
EBITDA
117.24M 137.87M 116.18M 132.92M
EBITDA Growth
+50.40% +17.59% -15.73% +14.41%
EBITDA Margin
+11.21% +11.33% +10.53% +11.75%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 31.667
Number of Ratings 4 Current Quarters Estimate 0.36
FY Report Date 03 / 2026 Current Year's Estimate 2.032
Last Quarter’s Earnings 0.33 Median PE on CY Estimate N/A
Year Ago Earnings 1.562 Next Fiscal Year Estimate 2.523
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 2 4 3
Mean Estimate 0.36 0.51 2.03 2.52
High Estimates 0.40 0.52 2.35 2.75
Low Estimate 0.32 0.50 1.75 2.15
Coefficient of Variance 15.71 2.77 12.35 12.91

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 3 3
OVERWEIGHT 0 0 0
HOLD 1 1 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Covenant Logistics - CVLG

Date Name Shares Transaction Value
Jan 7, 2026 M. Paul Bunn President 154,697 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $22.04 per share 3,409,521.88
Jan 7, 2026 James S. Grant EVP and CFO 48,819 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $22.04 per share 1,075,970.76
Jan 7, 2026 Joey Ballard EVP, Chief People & Safety Off 30,665 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $22.04 per share 675,856.60
Feb 26, 2025 Joey B. Hogan Director 141,121 Bona fide gift 0.00
Feb 26, 2025 Joey B. Hogan Director 122,621 Bona fide gift 0.00
Feb 17, 2025 Bradley Alan Moline Director 88,584 Acquisition or disposition by will or the laws of descent and distribution 0.00

Covenant Logistics in the News