Covenant Logistics Group Future Growth

Future criteria checks 3/6

Covenant Logistics Group is forecast to grow earnings and revenue by 79.1% and 6.1% per annum respectively while EPS is expected to grow by 78.3% per annum.

Key information

79.1%

Earnings growth rate

78.27%

EPS growth rate

Transportation earnings growth	12.9%
Revenue growth rate	6.1%
Future return on equity	n/a
Analyst coverage	Low
Last updated	02 Feb 2026

Recent future growth updates

Recent updates

Covenant Logistics Stock Performance Contrasts With Meager Returns On Assets

Jan 22

Covenant Logistics Group, Inc. (NYSE:CVLG) Stock Rockets 26% But Many Are Still Ignoring The Company

Dec 19

When Should You Buy Covenant Logistics Group, Inc. (NYSE:CVLG)?

Jul 26

Market Cool On Covenant Logistics Group, Inc.'s (NYSE:CVLG) Earnings

Jul 03

Covenant Logistics Group's (NYSE:CVLG) Soft Earnings Don't Show The Whole Picture

May 14

Covenant Logistics Group (NYSE:CVLG) Is Doing The Right Things To Multiply Its Share Price

Apr 25

Covenant Logistics Group (NYSE:CVLG) Has Announced A Dividend Of $0.07

Feb 20

Fewer Investors Than Expected Jumping On Covenant Logistics Group, Inc. (NYSE:CVLG)

Feb 04

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

Nov 08

Covenant Logistics Group: Staying In Lane

Aug 13

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

Jul 31

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

Jul 17

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

Feb 19

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

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

Oct 28

Earnings and Revenue Growth Forecasts

NYSE:CVLG - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	1,316	70	64	N/A	3
12/31/2026	1,224	50	88	N/A	3
12/31/2025	1,164	4	N/A	N/A	N/A
9/30/2025	1,146	29	-30	110	N/A
6/30/2025	1,137	36	2	126	N/A
3/31/2025	1,122	38	-12	126	N/A
12/31/2024	1,131	35	-30	123	N/A
9/30/2024	1,128	41	-104	133	N/A
6/30/2024	1,129	42	-141	117	N/A
3/31/2024	1,115	42	-150	99	N/A
12/31/2023	1,104	55	-133	85	N/A
9/30/2023	1,126	53	-60	91	N/A
6/30/2023	1,149	90	-37	95	N/A
3/31/2023	1,192	102	19	127	N/A
12/31/2022	1,217	108	59	159	N/A
9/30/2022	1,215	114	51	126	N/A
6/30/2022	1,178	81	67	116	N/A
3/31/2022	1,117	72	63	103	N/A
12/31/2021	1,046	58	38	73	N/A
9/30/2021	977	48	54	106	N/A
6/30/2021	913	36	12	73	N/A
3/31/2021	849	-2	13	76	N/A
12/31/2020	839	-14	-31	63	N/A
9/30/2020	844	-21	-23	49	N/A
6/30/2020	854	-30	-42	65	N/A
3/31/2020	879	-2	-84	51	N/A
12/31/2019	885	5	-74	64	N/A
9/30/2019	927	21	N/A	63	N/A
6/30/2019	950	37	N/A	86	N/A
3/31/2019	929	42	N/A	97	N/A
12/31/2018	880	41	N/A	125	N/A
9/30/2018	816	75	N/A	122	N/A
6/30/2018	752	68	N/A	99	N/A
3/31/2018	720	60	N/A	89	N/A
12/31/2017	705	55	N/A	83	N/A
9/30/2017	693	12	N/A	83	N/A
6/30/2017	679	10	N/A	84	N/A
3/31/2017	673	12	N/A	82	N/A
12/31/2016	671	17	N/A	102	N/A
9/30/2016	688	24	N/A	89	N/A
6/30/2016	697	29	N/A	93	N/A
3/31/2016	713	36	N/A	101	N/A
12/31/2015	724	42	N/A	85	N/A
9/30/2015	723	42	N/A	104	N/A
6/30/2015	727	37	N/A	106	N/A
3/31/2015	725	29	N/A	99	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CVLG's forecast earnings growth (79.1% per year) is above the savings rate (3.4%).

Earnings vs Market: CVLG's earnings (79.1% per year) are forecast to grow faster than the US market (15.7% per year).

High Growth Earnings: CVLG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CVLG's revenue (6.1% per year) is forecast to grow slower than the US market (10.4% per year).

High Growth Revenue: CVLG's revenue (6.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if CVLG's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/02/12 22:57
End of Day Share Price	2026/02/12 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

Covenant Logistics Group, Inc. is covered by 7 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.

Analyst	Institution
Kevin Sterling	Seaport Research Partners
Reed Seay	Stephens, Inc.
Bert Subin	Stifel, Equities Research

Covenant Logistics Group Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 7.5% to US$32.67

Price target increased by 33% to US$46.67

Price target increased by 8.2% to US$70.33

Consensus EPS estimates fall by 14%

Price target increased by 17% to US$70.50

Price target decreased by 19% to US$50.00

Recent updates

Chairman of the Board & CEO recently sold US$4.4m worth of stock

Covenant Logistics Group Announces Quarterly Cash Dividend on Class A and Class B Common Stock, Payable on March 27, 2026

New major risk - Financial position

Full year 2025 earnings: EPS misses analyst expectations

Covenant Logistics Group, Inc. Reports Goodwill Impairment Charges for the Fourth Quarter Ended December 31, 2025

Covenant Logistics Stock Performance Contrasts With Meager Returns On Assets

Covenant Logistics Group, Inc. to Report Q4, 2025 Results on Jan 29, 2026

Covenant Logistics Group, Inc. (NYSE:CVLG) Stock Rockets 26% But Many Are Still Ignoring The Company

Third quarter dividend of US$0.07 announced

Covenant Logistics Group, Inc. Declares Quarterly Cash Dividend on Class A and Class B Common Stock, Payable on December 26, 2025

Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Covenant Logistics Group, Inc. to Report Q3, 2025 Results on Oct 22, 2025

Second quarter dividend of US$0.07 announced

Covenant Logistics Group, Inc. Announces Executive Changes

When Should You Buy Covenant Logistics Group, Inc. (NYSE:CVLG)?

Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Market Cool On Covenant Logistics Group, Inc.'s (NYSE:CVLG) Earnings

Covenant Logistics Group, Inc. to Report Q2, 2025 Results on Jul 23, 2025

First quarter dividend of US$0.07 announced

Covenant Logistics Group Announces Quarterly Cash Dividend on Class A and Class B Common Stock, Payable on June 27, 2025

Covenant Logistics Group's (NYSE:CVLG) Soft Earnings Don't Show The Whole Picture

Now 26% overvalued

Covenant Logistics Group (NYSE:CVLG) Is Doing The Right Things To Multiply Its Share Price

First quarter 2025 earnings: EPS and revenues miss analyst expectations

Covenant Logistics Group, Inc. (NYSE:CVLG) announces an Equity Buyback for $50 million worth of its shares.

New minor risk - Insider selling

Price target decreased by 7.5% to US$32.67

Investor sentiment deteriorates as stock falls 17%

Covenant Logistics Group, Inc., Annual General Meeting, May 14, 2025

Covenant Logistics Group, Inc. to Report Q1, 2025 Results on Apr 23, 2025

Full year 2024 earnings: EPS misses analyst expectations

Covenant Logistics Group (NYSE:CVLG) Has Announced A Dividend Of $0.07

Fourth quarter dividend of US$0.07 announced

Covenant Logistics Group, Inc. Declares Quarterly Cash Dividend, Payable on March 28, 2025

Fewer Investors Than Expected Jumping On Covenant Logistics Group, Inc. (NYSE:CVLG)

Expanding High-Service Dedicated Fleet Will Strengthen Future Performance

Full year 2024 earnings: EPS misses analyst expectations

Should You Investigate Covenant Logistics Group, Inc. (NYSE:CVLG) At US$26.28?

Price target increased by 33% to US$46.67

Covenant Logistics Group, Inc. to Report Q4, 2024 Results on Jan 23, 2025

Covenant Logistics Group, Inc. Announces Retirement of Samuel F. Hough as Executive Vice President – Expedited Operations

Covenant Logistics Group's (NYSE:CVLG) Dividend Will Be $0.11

Third quarter dividend of US$0.11 announced

Covenant Logistics Group, Inc. Announces Quarterly Cash Dividend, Payable on December 27, 2024

Independent Director recently sold US$599k worth of stock

Investor sentiment improves as stock rises 18%

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

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Covenant Logistics Group, Inc. to Report Q3, 2024 Results on Oct 23, 2024

Second quarter dividend of US$0.11 announced

Covenant Logistics Group, Inc. Announces Quarterly Cash Dividend, Payable on September 27, 2024

Covenant Logistics Group: Staying In Lane

Covenant Logistics Group, Inc.(NYSE:CVLG) dropped from NASDAQ Composite Index

Covenant Logistics Group, Inc.(NYSE:CVLG) dropped from NASDAQ Transportation Index

Independent Director recently sold US$1.2m worth of stock

Now 21% undervalued

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

Price target increased by 8.2% to US$70.33

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

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

Covenant Logistics Group, Inc. to Report Q2, 2024 Results on Jul 24, 2024

First quarter dividend of US$0.11 announced

Independent Director recently sold US$174k worth of stock

Covenant Logistics Group, Inc. Announces Quarterly Cash Dividend, Payable on June 28, 2024

Consensus EPS estimates fall by 14%

Covenant Logistics Group, Inc. Announces Appointment of Dustin Koehl as Chief Operating Officer

First quarter 2024 earnings: EPS misses analyst expectations

Covenant Logistics Group, Inc., Annual General Meeting, May 15, 2024

Covenant Logistics Group, Inc. Announces Retirement of Lynn Doster as Executive Vice President, Effective December 31, 2024