Industrials -
Trucking - NASDAQ - US
$ 20.595
-1.12 %
$ 555 M
Market Cap
14.74
P/E
1. INTRINSIC VALUE
Balance Sheet
Covenant Logistics Group, Inc.
| Current Assets | 214 M |
| Cash & Short-Term Investments | 35.6 M |
| Receivables | 152 M |
| Other Current Assets | 26.1 M |
| Non-Current Assets | 784 M |
| Long-Term Investments | 0 |
| PP&E | 0 |
| Other Non-Current Assets | 784 M |
| Current Liabilities | 131 M |
| Accounts Payable | 31.9 M |
| Short-Term Debt | 75.3 M |
| Other Current Liabilities | 23.9 M |
| Non-Current Liabilities | 378 M |
| Long-Term Debt | 222 M |
| Other Non-Current Liabilities | 156 M |
EFFICIENCY
Earnings Waterfall
Covenant Logistics Group, Inc.
| Revenue | 1.13 B |
| Cost Of Revenue | 942 M |
| Gross Profit | 190 M |
| Operating Expenses | 145 M |
| Operating Income | 44.8 M |
| Other Expenses | 8.84 M |
| Net Income | 35.9 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Covenant Logistics Group, Inc.
| Net Income | 35.9 M |
| Depreciation & Amortization | 86.5 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 3.69 M |
| Change in Working Capital | 0 |
| Others | -6.54 M |
| Free Cash Flow | -30.1 M |
Wall Street Analysts Price Targets
Covenant Logistics Group, Inc.
CVLG has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.20%
DIVIDEND YIELD
0.035 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Covenant Logistics Group, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
61.2 K USD 1
6-9 MONTHS
1.13 M USD 2
9-12 MONTHS
1.33 M USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Covenant Logistics Group, Inc. (CVLG) Q1 2025 Earnings Call Transcript
Covenant Logistics Group, Inc. (NYSE:CVLG ) Q1 2025 Results Conference Call April 24, 2025 10:00 AM ET Company Participants Tripp Grant - EVP, CFO David Parker - CEO Paul Bunn - President Conference Call Participants Jason Seidl - TD Cowen Daniel Imbro - Stephens Jeff Kauffman - Vertical Research Partners Operator Welcome to today's Covenant Logistics Group Q1 2025 Earnings Release and Investor Conference Call. Our host for today's call is Tripp Grant.
seekingalpha.com
- 3 weeks ago
Covenant Logistics Group Announces First Quarter 2025 Financial and Operating Results
CHATTANOOGA, Tenn., April 23, 2025 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE: CVLG) (“Covenant” or the “Company”) announced today financial and operating results for the first quarter ended March 31, 2025.
globenewswire.com
- 3 weeks ago
Covenant Logistics Group, Inc. Announces Timing of First Quarter Earnings Release and Conference Call
CHATTANOOGA, Tenn., April 01, 2025 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE: CVLG) announced its plans to release its first quarter earnings after 4:00 p.m. Eastern time on Wednesday, April 23, 2025. Covenant Logistics Group, Inc. will hold a live conference call to discuss its first quarter earnings release on Thursday, April 24, 2025, at 10:00 a.m. Eastern time. Individuals with questions may dial in at 877-550-1505 (U.S./Canada) and 0800-524-4760 (International). An audio replay will be available for one week following the call at 800-645-7964, access code 3895#. In addition, you will be able to listen to the audio replay for an extended period of time on our investor website, under the icon "Audio Archives". For additional financial and statistical information regarding the Company that may be discussed during the conference call, please visit our website at ww w .c o venantlogistics.com/investors under “Earnings Info.”
globenewswire.com
- 1 month ago
Covenant Logistics Congratulates Landair and AAT Carriers on Earning TCA Elite Fleet Certification for 2025
Industry Recognition Highlights Commitment to Driver Satisfaction, Safety, and Operational Excellence Industry Recognition Highlights Commitment to Driver Satisfaction, Safety, and Operational Excellence
globenewswire.com
- 2 months ago
Covenant Logistics Group Announces Quarterly Cash Dividend
CHATTANOOGA, Tenn., Feb. 14, 2025 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE: CVLG) (“Covenant” or the “Company”) announced today that its board of directors has declared a quarterly cash dividend of $0.07 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on March 7, 2025, and is expected to be paid on March 28, 2025.
globenewswire.com
- 3 months ago
Covenant Logistics Group, Inc. (CVLG) Q4 2024 Earnings Call Transcript
Covenant Logistics Group, Inc. (NYSE:CVLG ) Q4 2024 Earnings Conference Call January 24, 2025 10:00 AM ET Company Participants Tripp Grant - EVP, CFO David Parker - CEO Paul Bunn - President Dustin Koehl - COO Conference Call Participants Daniel Imbro - Stephens Jason Seidl - TD Cowen Scott Group - Wolfe Research Jeff Kauffman - Vertical Research Partners Michael Vermut - Newland Capital Operator Welcome to today's Covenant Logistics Group Fourth Quarter Earnings Release and Investor Conference Call. Our host for today's call is Tripp Grant.
seekingalpha.com
- 3 months ago
Covenant Logistics Group Announces Fourth Quarter Financial and Operating Results
CHATTANOOGA, Tenn., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE: CVLG) (“Covenant” or the “Company”) announced today financial and operating results for the fourth quarter ended December 31, 2024. The Company's conference call to discuss the quarter will be held at 10:00 A.M. Eastern Time on Friday, January 24, 2025. All references made to share or per share amounts in this press release have been retroactively adjusted to reflect the effects of our recent 2-for-1 stock split.
globenewswire.com
- 3 months ago
CVLG Gears Up to Report Q4 Earnings: What's in the Offing?
Covenant Logistics' fourth-quarter performance is expected to have been significantly hurt by economic uncertainties, resulting in increased operating expenses.
zacks.com
- 4 months ago
Covenant Logistics Group, Inc. Announces Timing of Fourth Quarter Earnings Release and Conference Call
CHATTANOOGA, Tenn., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE: CVLG) announced its plans to release its fourth quarter earnings after 4:00 p.m. Eastern time on Thursday, January 23, 2025. Covenant Logistics Group, Inc. will hold a live conference call to discuss its fourth quarter earnings release on Friday, January 24, 2025, at 10:00 a.m. Eastern time. Individuals with questions may dial in at 877-550-1505 (U.S./Canada) and 0800-524-4760 (International). An audio replay will be available for one week following the call at 800-645-7964, access code 3895#. In addition, you will be able to listen to the audio replay for an extended period of time on our investor website, under the icon "Audio Archives". For additional financial and statistical information regarding the Company that may be discussed during the conference call, please visit our website at ww w .c o venantlogistics.com/investors under “Earnings Info.”
globenewswire.com
- 4 months ago
Covenant Logistics Group Announces Two-For-One Stock Split
CHATTANOOGA, Tenn., Dec. 06, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE: CVLG) (“Covenant” or the “Company”) announced today that its board of directors has declared a two-for-one stock split of Covenant's Class A common stock and Class B common stock to make Covenant's stock more accessible to investors and employees. The stock split will be effected by means of a stock dividend to the holders of record of Covenant's Class A common stock and Class B common stock as of the close of business on December 20, 2024, the record date for the dividend.
globenewswire.com
- 5 months ago
Group Covenant Logistics Group Celebrates Dual Recognition for Safety Excellence
Company honored as Rand McNally Safety Program of the Year, while Marshall Rushworth receives Safety Leader of the Year award for transformative leadership in fleet safety Company honored as Rand McNally Safety Program of the Year, while Marshall Rushworth receives Safety Leader of the Year award for transformative leadership in fleet safety
globenewswire.com
- 5 months ago
Covenant Logistics Group Announces Quarterly Cash Dividend
CHATTANOOGA, Tenn., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE: CVLG) (“Covenant” or the “Company”) announced today that its board of directors has declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on December 6, 2024, and is expected to be paid on December 27, 2024.
globenewswire.com
- 5 months ago
8. Profile
Summary
Covenant Logistics Group, Inc. CVLG
COUNTRY
US
INDUSTRY
Trucking
MARKET CAP
$ 555 M
Dividend Yield
0.20%
Description
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.
Contact
400 Birmingham Highway, Chattanooga, TN, 37419
https://www.covenantlogistics.com
IPO
Date
Oct. 28, 1994
Employees
3100
Officers
Mr. Tyson Wimberly
Senior Vice President of Sales
Mr. James S. Grant III
Executive Vice President & Chief Financial Officer
Mr. Matisse Long
Chief Accounting Officer
Mr. Joey B. Hogan
Executive Vice President & Director
Mr. Eric Whitton
Senior Vice President of Technology
Mr. Troy A. Robertson
Senior Vice President & General Counsel
Ms. Joey Ballard
Executive Vice President of People & Safety
Mr. Dustin Koehl
Chief Operating Officer
Mr. David Ray Parker
Chairman of the Board & Chief Executive Officer
Mr. M. Paul Bunn CPA
President