Covenant Logistics Group, Inc.

DB:CV5 Stock Report

Market Cap: €693.6m

Covenant Logistics Group Management

Management criteria checks 4/4

Covenant Logistics Group's CEO is David Parker, appointed in Jan 1994, has a tenure of 30.92 years. total yearly compensation is $1.38M, comprised of 57.9% salary and 42.1% bonuses, including company stock and options. directly owns 15.01% of the company’s shares, worth €104.13M. The average tenure of the management team and the board of directors is 2.6 years and 4.4 years respectively.

Key information

David Parker

Chief executive officer

US$1.4m

Total compensation

CEO salary percentage57.9%
CEO tenure30.9yrs
CEO ownership15.0%
Management average tenure2.6yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Parker's remuneration changed compared to Covenant Logistics Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$41m

Jun 30 2024n/an/a

US$42m

Mar 31 2024n/an/a

US$42m

Dec 31 2023US$1mUS$800k

US$55m

Sep 30 2023n/an/a

US$53m

Jun 30 2023n/an/a

US$90m

Mar 31 2023n/an/a

US$102m

Dec 31 2022US$2mUS$743k

US$108m

Sep 30 2022n/an/a

US$114m

Jun 30 2022n/an/a

US$81m

Mar 31 2022n/an/a

US$72m

Dec 31 2021US$6mUS$717k

US$58m

Sep 30 2021n/an/a

US$48m

Jun 30 2021n/an/a

US$36m

Mar 31 2021n/an/a

-US$2m

Dec 31 2020US$1mUS$627k

-US$14m

Sep 30 2020n/an/a

-US$21m

Jun 30 2020n/an/a

-US$30m

Mar 31 2020n/an/a

-US$2m

Dec 31 2019US$954kUS$675k

US$5m

Sep 30 2019n/an/a

US$21m

Jun 30 2019n/an/a

US$37m

Mar 31 2019n/an/a

US$42m

Dec 31 2018US$2mUS$642k

US$41m

Sep 30 2018n/an/a

US$75m

Jun 30 2018n/an/a

US$68m

Mar 31 2018n/an/a

US$60m

Dec 31 2017US$1mUS$590k

US$55m

Compensation vs Market: David's total compensation ($USD1.38M) is about average for companies of similar size in the German market ($USD1.47M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

CEO

David Parker (66 yo)

30.9yrs

Tenure

US$1,381,818

Compensation

Mr. David Ray Parker has been the Chairman and Chief Executive Officer of Covenant Logistics Group, Inc. (formerly known as Covenant Transportation Group, Inc.). since 1994. Mr. Parker served as the Presid...

Leadership Team

NamePositionTenureCompensationOwnership
David Parker
Chairman of the Board & CEO30.9yrsUS$1.38m15.01%
€ 104.1m
M. Bunn
President1.9yrsUS$1.80m0.84%
€ 5.8m
James Grant
Executive VP & CFO2.6yrsUS$935.12k0.085%
€ 589.0k
Joey Hogan
Executive VP & Director1.9yrsUS$1.45m0.62%
€ 4.3m
Samuel Hough
Executive Vice President of Expedited Operations11.8yrsUS$833.21k0.087%
€ 600.2k
Lynn Doster
Executive Vice President of Dedicated & Warehousing Operations3.8yrsUS$840.78k0.071%
€ 489.0k
Dustin Koehl
Chief Operating Officerless than a yearno datano data
Matisse Long
Chief Accounting Officerless than a yearno data0.069%
€ 479.7k
Eric Whitton
Senior Vice President of Technologyno datano datano data
Troy Robertson
Senior VP & General Counsel2.8yrsno datano data
Joey Ballard
Executive Vice President of People & Safety2.6yrsno data0.12%
€ 855.2k
R. Lovin
Executive Vice President17.6yrsUS$420.02kno data

2.6yrs

Average Tenure

54yo

Average Age

Experienced Management: CV5's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
David Parker
Chairman of the Board & CEO39.9yrsUS$1.38m15.01%
€ 104.1m
Joey Hogan
Executive VP & Director1.6yrsUS$1.45m0.62%
€ 4.3m
Bradley Moline
Independent Director21.9yrsUS$164.67k0.33%
€ 2.3m
Wesley Welborn
Lead Independent Director7.6yrsUS$194.99k0.22%
€ 1.5m
Benjamin Carson
Independent Director3.4yrsUS$162.49k0.073%
€ 504.6k
Herbert Schmidt
Independent Director11.2yrsUS$164.99k0.076%
€ 526.0k
David Kramer
Independent Director4.4yrsUS$174.99k0.073%
€ 503.1k
Rachel Parker-Hatchett
Director4.4yrsUS$154.99k1.17%
€ 8.1m
Tracy Rosser
Independent Director1.6yrsUS$133.98k0.019%
€ 129.1k

4.4yrs

Average Tenure

65yo

Average Age

Experienced Board: CV5's board of directors are considered experienced (4.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 23:34
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Covenant Logistics Group, Inc. is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Donald BroughtonAvondale Partners
Colin ScarolaCFRA Equity Research
Chaz JonesMorgan Keegan & Company