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Industrials - Trucking - NASDAQ - US
$ 18.475
-0.488 %
$ 493 M
Market Cap
14.33
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one CVLG stock under the worst case scenario is HIDDEN Compared to the current market price of 18.5 USD, Covenant Logistics Group, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one CVLG stock under the base case scenario is HIDDEN Compared to the current market price of 18.5 USD, Covenant Logistics Group, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one CVLG stock under the best case scenario is HIDDEN Compared to the current market price of 18.5 USD, Covenant Logistics Group, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CVLG

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$32.0$32.0$30.0$30.0$28.0$28.0$26.0$26.0$24.0$24.0$22.0$22.0$20.0$20.0$18.0$18.0$16.0$16.0Nov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 Apr
FINANCIALS
1.13 B REVENUE
2.53%
44.8 M OPERATING INCOME
-23.91%
35.9 M NET INCOME
-34.25%
123 M OPERATING CASH FLOW
44.85%
-108 M INVESTING CASH FLOW
54.36%
18.1 M FINANCING CASH FLOW
-78.62%
277 M REVENUE
-3.67%
8.61 M OPERATING INCOME
-46.95%
6.72 M NET INCOME
-48.45%
21.9 M OPERATING CASH FLOW
-61.43%
-3.47 M INVESTING CASH FLOW
80.44%
-18 M FINANCING CASH FLOW
-246.41%
Balance Sheet Covenant Logistics Group, Inc.
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Current Assets 214 M
Cash & Short-Term Investments 35.6 M
Receivables 152 M
Other Current Assets 26.1 M
Non-Current Assets 209 K
Long-Term Investments 0
PP&E 0
Other Non-Current Assets 209 K
16.64 %71.07 %12.19 %Total Assets$214.1m
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
6.27 %14.79 %4.69 %43.52 %30.72 %Total Liabilities$509.1m
EFFICIENCY
Earnings Waterfall Covenant Logistics Group, Inc.
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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
1b1b1b1b800m800m600m600m400m400m200m200m001b(942m)190m(145m)45m(9m)36mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
16.76% GROSS MARGIN
16.76%
3.96% OPERATING MARGIN
3.96%
3.17% NET MARGIN
3.17%
23.88% ROE
23.88%
3.60% ROA
3.60%
21.77% ROIC
21.77%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Covenant Logistics Group, Inc.
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150m150m100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
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 -7.73 M
Free Cash Flow 123 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Covenant Logistics Group, Inc.
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CVLG has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.20% DIVIDEND YIELD
0.035 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.25000.25000.20000.20000.15000.15000.10000.10000.05000.05000.00000.00000.03150.0550.0550.0350.03150.0550.0550.080.0550.0550.040.180.0550.220.0550.220.0420222022202320232024202420252025
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5. COMPETITION
slide 2 of 5
6. Ownership
Insider Ownership Covenant Logistics Group, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
1.19 M USD 3
6-9 MONTHS
1.16 M USD 1
9-12 MONTHS
174 K USD 1
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. 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 - 1 month 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 - 2 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 - 3 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 - 3 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 - 4 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 - 4 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
Covenant Logistics Group, Inc. (CVLG) Q3 2024 Earnings Call Transcript Covenant Logistics Group, Inc. (NYSE:CVLG ) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Tripp Grant - Chief Financial Officer Paul Bunn - President David Parker - Chief Executive Officer Conference Call Participants Scott Group - Wolfe Research Jason Seidl - TD Cowen Daniel Imbro - Stephens Jeff Kauffman - Vertical Research Partners Michael Vermut - Newland Capital Dan Moore - Scopus Operator Welcome to today's Covenant Logistics Group Third Quarter Earnings Release and Investor Conference Call. Our host for today's call is Tripp Grant. seekingalpha.com - 6 months ago
Covenant Logistics Group Announces Third Quarter Financial and Operating Results CHATTANOOGA, Tenn., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE: CVLG) (“Covenant” or the “Company”) announced today financial and operating results for the third quarter ended September 30, 2024. The Company's conference call to discuss the quarter will be held at 10:00 A.M. Eastern Time on Thursday, October 24, 2024. globenewswire.com - 6 months ago
8. Profile Summary

Covenant Logistics Group, Inc. CVLG

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COUNTRY US
INDUSTRY Trucking
MARKET CAP $ 493 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. Eric Whitton Senior Vice President of Technology Mr. Tyson Wimberly Senior Vice President of Sales Mr. James S. Grant III Executive Vice President & Chief Financial Officer Ms. Joey Ballard Executive Vice President of People & Safety Mr. Troy A. Robertson Senior Vice President & General Counsel Mr. Joey B. Hogan Executive Vice President & Director Mr. R. H. Lovin Jr. Executive Vice President Mr. Dustin Koehl Chief Operating Officer Mr. Matisse Long Chief Accounting Officer Mr. David Ray Parker Chairman of the Board & Chief Executive Officer