Covenant Logistics Group, Stock Today
| CVLG Stock | USD 22.55 0.14 0.62% |
PerformanceVery Weak
| Odds Of DistressVery Low
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Covenant Logistics is trading at 22.55 as of the 23rd of March 2025. This is a 0.62% down since the beginning of the trading day. The stock's lowest day price was 21.96. Covenant Logistics has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 23rd of December 2024 and ending today, the 23rd of March 2025. Click here to learn more.
Business Domain Transportation | IPO Date 28th of October 1994 | Category Industrials |
Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee. Covenant Logistics operates under Trucking classification in the United States and is traded on NASDAQ Exchange. The company has 21.85 M outstanding shares of which 128.54 K shares are currently shorted by private and institutional investors with about 1.38 trading days to cover. More on Covenant Logistics Group,
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Covenant Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President COO | Paul Bunn | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Cargo Ground Transportation, Transportation, Industrials, Industrials, Ground Transportation, Trucking, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsCovenant Logistics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Covenant Logistics' financial leverage. It provides some insight into what part of Covenant Logistics' total assets is financed by creditors.
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Covenant Logistics Group, (CVLG) is traded on NASDAQ Exchange in USA. It is located in 400 Birmingham Highway, Chattanooga, TN, United States, 37419 and employs 3,100 people. Covenant Logistics is listed under Cargo Ground Transportation category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 598.71 M. Covenant Logistics Group, conducts business under Ground Transportation sector and is part of Industrials industry. The entity has 21.85 M outstanding shares of which 128.54 K shares are currently shorted by private and institutional investors with about 1.38 trading days to cover.
Covenant Logistics Group, currently holds about 4.46 M in cash with 122.89 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31.
Check Covenant Logistics Probability Of Bankruptcy
Ownership AllocationCovenant Logistics holds a total of 21.85 Million outstanding shares. Over half of Covenant Logistics' outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Covenant Ownership Details
Covenant Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Lsv Asset Management | 2024-12-31 | 168.2 K | |
| T. Rowe Price Investment Management,inc. | 2024-12-31 | 162.9 K | |
| Royce & Associates, Lp | 2024-12-31 | 121.5 K | |
| Hudson Bay Capital Management Lp | 2024-12-31 | 102.6 K | |
| Jacobs Levy Equity Management, Inc. | 2024-12-31 | 99.6 K | |
| Fmr Inc | 2024-12-31 | 97.4 K | |
| Charles Schwab Investment Management Inc | 2024-12-31 | 88.8 K | |
| Northern Trust Corp | 2024-12-31 | 87.1 K | |
| Two Sigma Advisers, Llc | 2024-12-31 | 81.7 K | |
| Blackrock Inc | 2024-12-31 | 1.1 M | |
| Dimensional Fund Advisors, Inc. | 2024-12-31 | 763.7 K |
Covenant Logistics Historical Income Statement
Covenant Stock Against Markets
Covenant Logistics Corporate Management
| Brande Tweed | Senior Improvement | Profile | |
| Matisse Long | Chief Officer | Profile | |
| Tyson Wimberly | Senior Sales | Profile | |
| Samuel Hough | Executive Operations | Profile | |
| William Cartright | Senior Operations | Profile | |
| Lynn Doster | Executive Operations | Profile | |
| Troy Robertson | Senior Counsel | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Covenant Logistics Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Covenant Logistics. If investors know Covenant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Covenant Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.45) | Dividend Share 0.22 | Earnings Share 1.28 | Revenue Per Share | Quarterly Revenue Growth 0.012 |
The market value of Covenant Logistics Group, is measured differently than its book value, which is the value of Covenant that is recorded on the company's balance sheet. Investors also form their own opinion of Covenant Logistics' value that differs from its market value or its book value, called intrinsic value, which is Covenant Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Covenant Logistics' market value can be influenced by many factors that don't directly affect Covenant Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Covenant Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Covenant Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Covenant Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.