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Covenant Logistics Group NYSE:CVLG Stock Report

Last Price

US$57.84

Market Cap

US$762.3m

7D

-3.9%

1Y

37.2%

Updated

18 Nov, 2024

Data

Company Financials +

Covenant Logistics Group, Inc.

NYSE:CVLG Stock Report

Market Cap: US$762.3m

Covenant Logistics Group, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Covenant Logistics Group
Historical stock prices
Current Share PriceUS$57.84
52 Week HighUS$61.54
52 Week LowUS$40.84
Beta1.35
11 Month Change9.69%
3 Month Change11.66%
1 Year Change37.22%
33 Year Change110.17%
5 Year Change324.67%
Change since IPO196.62%

Recent News & Updates

Weak Statutory Earnings May Not Tell The Whole Story For Covenant Logistics Group (NYSE:CVLG)

Nov 08
Weak Statutory Earnings May Not Tell The Whole Story For Covenant Logistics Group (NYSE:CVLG)

Recent updates

Weak Statutory Earnings May Not Tell The Whole Story For Covenant Logistics Group (NYSE:CVLG)

Nov 08
Weak Statutory Earnings May Not Tell The Whole Story For Covenant Logistics Group (NYSE:CVLG)

Covenant Logistics Group: Staying In Lane

Aug 13

Returns At Covenant Logistics Group (NASDAQ:CVLG) Appear To Be Weighed Down

Jul 31
Returns At Covenant Logistics Group (NASDAQ:CVLG) Appear To Be Weighed Down

Should You Think About Buying Covenant Logistics Group, Inc. (NASDAQ:CVLG) Now?

Jul 17
Should You Think About Buying Covenant Logistics Group, Inc. (NASDAQ:CVLG) Now?

Covenant Logistics Group (NASDAQ:CVLG) Is Paying Out A Dividend Of $0.11

Feb 19
Covenant Logistics Group (NASDAQ:CVLG) Is Paying Out A Dividend Of $0.11

Covenant Logistics: The Business That Keeps On Delivering

Jan 28

These 4 Measures Indicate That Covenant Logistics Group (NASDAQ:CVLG) Is Using Debt Extensively

Jan 25
These 4 Measures Indicate That Covenant Logistics Group (NASDAQ:CVLG) Is Using Debt Extensively

Is There Now An Opportunity In Covenant Logistics Group, Inc. (NASDAQ:CVLG)?

Oct 28
Is There Now An Opportunity In Covenant Logistics Group, Inc. (NASDAQ:CVLG)?

Returns On Capital At Covenant Logistics Group (NASDAQ:CVLG) Have Stalled

Jul 31
Returns On Capital At Covenant Logistics Group (NASDAQ:CVLG) Have Stalled

Covenant Logistics Group (NASDAQ:CVLG) Is Increasing Its Dividend To $0.11

Feb 21
Covenant Logistics Group (NASDAQ:CVLG) Is Increasing Its Dividend To $0.11

Covenant Logistics Group (NASDAQ:CVLG) Seems To Use Debt Quite Sensibly

Jan 27
Covenant Logistics Group (NASDAQ:CVLG) Seems To Use Debt Quite Sensibly

Covenant Logistics Non-GAAP EPS of $1.52, revenue of $311.84M

Oct 20

Returns Are Gaining Momentum At Covenant Logistics Group (NASDAQ:CVLG)

Aug 30
Returns Are Gaining Momentum At Covenant Logistics Group (NASDAQ:CVLG)

Covenant Logistics files for $200M mixed shelf offering

Aug 12

Covenant Logistics Q2 2022 Earnings Preview

Jul 22

Why Covenant Logistics Group, Inc. (NASDAQ:CVLG) Could Be Worth Watching

Jul 20
Why Covenant Logistics Group, Inc. (NASDAQ:CVLG) Could Be Worth Watching

Shareholder Returns

CVLGUS TransportationUS Market
7D-3.9%-1.8%-2.1%
1Y37.2%19.5%29.6%

Return vs Industry: CVLG exceeded the US Transportation industry which returned 19.5% over the past year.

Return vs Market: CVLG exceeded the US Market which returned 29.6% over the past year.

Price Volatility

Is CVLG's price volatile compared to industry and market?
CVLG volatility
CVLG Average Weekly Movement4.7%
Transportation Industry Average Movement6.6%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: CVLG has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CVLG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19863,750David Parkerwww.covenantlogistics.com

Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows.

Covenant Logistics Group, Inc. Fundamentals Summary

How do Covenant Logistics Group's earnings and revenue compare to its market cap?
CVLG fundamental statistics
Market capUS$762.31m
Earnings (TTM)US$41.40m
Revenue (TTM)US$1.13b

18.4x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CVLG income statement (TTM)
RevenueUS$1.13b
Cost of RevenueUS$864.77m
Gross ProfitUS$263.37m
Other ExpensesUS$221.97m
EarningsUS$41.40m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.14
Gross Margin23.35%
Net Profit Margin3.67%
Debt/Equity Ratio61.5%

How did CVLG perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

14%

Payout Ratio