Covenant Logistics Group, Inc.
Covenant Logistics Group, Inc.
Your view on CVLG
Overview
What the company does, where it operates, and who runs it.
About Covenant Logistics Group, Inc.
- Industry
- Trucking
- Sector
- Industrials
- CEO
- David Ray Parker
- Headquarters
- 400 Birmingham Highway, Chattanooga, TN, US
- Industry
- Trucking
- Sector
- Industrials
- CEO
- David Ray Parker
- Headquarters
- 400 Birmingham Highway, Chattanooga, TN, US
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. The Dedicated segment provides customers with committed truckload capacity over contracted periods using equipment either owned or leased by the company.
The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers' freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs.
The Warehousing segment provides day-to-day warehouse management services to customers. The segment also provides shuttle and switching services to shuttling containers and trailers. The company also engages in used equipment sales and leasing business.
It serves transportation companies, such as parcel freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2021, it operated 2,291 tractors and 5,331 trailers.
The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in July 2020. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Covenant Logistics Group, Inc., and the rating behind it. CVLG last traded at $29.03, 194.7× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Covenant Logistics Group, Inc.. Starting points for Covenant Logistics Group, Inc.: P/E 194.7, EPS $0.15, beta 1.40 — an Trucking name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Covenant Logistics Group, Inc.. Covenant Logistics Group, Inc. paid $0.28 per share over the last year — a 1.0% yield at the current $29.03 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Covenant Logistics Group, Inc.. Trailing twelve-month EPS for Covenant Logistics Group, Inc. stands at $0.15. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Covenant Logistics Group, Inc.. Covenant Logistics Group, Inc. has reported as a listed company since 1994. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Covenant Logistics Group, Inc. valued side by side against its closest peers. Covenant Logistics Group, Inc. is measured against Trucking peers within the Industrials sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Covenant Logistics Group, Inc., and how their positions are changing. At a $736.7M market value, institutional positions materially move Covenant Logistics Group, Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Covenant Logistics Group, Inc. executives and directors. Shares of Covenant Logistics Group, Inc. have traded between $17.46 and $30.11 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Covenant Logistics Group, Inc.. Covenant Logistics Group, Inc. is a $736.7M Industrials company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Covenant Logistics Group, Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Covenant Logistics Group, Inc.. Coverage tracks Covenant Logistics Group, Inc. within Trucking (Industrials). Press releases and market coverage, newest first.
Comments
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