
Covenant Logistics Group, Inc.
CVLG · NYSE · Industrials / Trucking
Price History
Full chartMarket Stats
About
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 with the goal of three to five years in length 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, as well as shuttle and switching services related 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. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in May 2007. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.
Company Details
- SectorIndustrials
- IndustryTrucking
- CEOMr. David Ray Parker
- Employees2.90K
- Headquarters400 Birmingham Highway, Chattanooga, TN, United States, 37419, USA
- Websitehttps://www.covenantlogistics.com
Leadership
- Mr. David Ray ParkerFounder, CEO & Chairman · b. 1958
- Mr. M. Paul Bunn CPAPresident · b. 1978
- Mr. James S. Grant IIIExecutive VP, CFO and Principal Financial & Accounting Officer · b. 1979
- Mr. Dustin KoehlExceutive VP & COO · b. 1984
- Ms. Joey BallardExecutive VP and Chief People & Safety Officer · b. 1975
- Mr. Joey B. HoganExecutive VP & Director · b. 1962
- Mr. Eric WhittonSenior Vice President of Technology
- Mr. Troy A. RobertsonSenior VP & General Counsel · b. 1974
- Mr. Tyson WimberlySenior Vice President of Sales
- Mr. William J. CartrightExecutive Vice President of Lew Thompson and Son Trucking · b. 1979
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy3
- Hold1
Ownership Breakdown
- Institutions
- 73.65%
- Insiders
- 25.97%
- Retail / Other
- 0.38%
Top Institutional Holders
- BlackRock Inc1.98M7.79%
- Dimensional Fund Advisors, Inc.1.34M5.28%
- T. Rowe Price Investment Management,Inc.1.07M4.21%
- American Century Companies Inc859.57K3.39%
- Arnhold & S. Bleichroeder Advisers, LLC717.86K2.83%
- Vanguard Capital Management, LLC663.76K2.62%
- Patton Albertson & Miller LLC584.87K2.30%
- Next Century Growth Investors LLC551.91K2.17%
- State Street Corp428.50K1.69%
- Geode Capital Management, LLC362.88K1.43%
- Royce & Associates, LP341.87K1.35%
- CSM Advisors, LLC299.72K1.18%
- Charles Schwab Investment Management Inc291.67K1.15%
- Bridgeway Capital Management, LLC261.36K1.03%
Top Fund Holders
- Avantis US Small Cap Value ETF849.84K3.35%
- T. Rowe Price Small-Cap Value495.23K1.95%
- Vanguard MStar Total Stk Mkt Idx Invest487.83K1.92%
- iShares Russell 2000 ETF404.90K1.60%
- First Eagle Small Cap Opportunity I332.09K1.31%
- BlackRock Advantage Small Cap Core Instl252.27K0.99%
Dividends
Stock Splits
- Jan 2, 20252:1