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Covenant Logistics Group, Inc. (CVLG) Stock Price, News & Analysis

Covenant Logistics Group, Inc. (CVLG) Stock Price, News & Analysis

Currency in USD Disclaimer

$51.65

$0.55

(1.08%)

Day's range
$51.12
Day's range
$52.35
50-day range
$49.17
Day's range
$54.52
  • Country: US
  • ISIN: US22284P1057
52 wk range
$38.25
Day's range
$56.96


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Analyst Ratings

Key Stats

Key stats represent essential financial metrics and indicators used to evaluate a company's performance and potential investment opportunities.

Stock Score/grades

The Stock Score/Grades evaluate bankruptcy risk and assess the financial strength and fundamental health of a company

  • Altman Z Score 2.61
  • Piotroski Score 5.00
  • Grade Buy
  • Symbol (CVLG)
  • Company Covenant Logistics Group, Inc.
  • Price $51.65
  • Changes Percentage (1.08%)
  • Change $0.55
  • Day Low $51.12
  • Day High $52.35
  • Year High $56.96

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.

  • Last Earnings 08/19/2024
  • Ex-Dividend for 5/16 Dividend 09/06/2024
  • Dividend Payable 09/27/2024
  • Today N/A
  • Next Earnings (Estimated) 01/21/2025
  • Fiscal Year End N/A

  • Average Stock Price Target $0.00
  • High Stock Price Target $0.00
  • Low Stock Price Target $0.00
  • Potential Upside/Downside N/A
  • Consensus Rating Neutral
  • Rating Score (0-4) N/A
  • Research Coverage N/A

  • EPS (Most Recent Fiscal Year) $3.04
  • Trailing P/E Ratio 15.73
  • Forward P/E Ratio 15.73
  • P/E Growth 15.73
  • Net Income $55.23 M

Income Statement

Quarterly

Annual

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