Covenant Logistics Group, Inc.

Covenant Logistics Group, Inc.

CVLG · NYSE · Industrials / Trucking

32.61USD-0.21 (-0.64%)

Price History

Full chart

Market Stats

Previous Close32.82
Open32.49
Day Range32.03 – 33.44
52-Week Range17.83 – 49.78
Volume234.30K
Market Cap841.53M
P/E (TTM)663.20
Forward P/E14.22
EPS0.05
Dividend Yield0.82%
Beta1.30
50-Day Avg37.21
200-Day Avg32.99

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

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue131.90M180.30M236.27M297.86M370.55M472.74M552.43M547.03M564.42M582.46M603.62M643.05M683.83M712.53M773.91M588.69M649.75M652.63M674.25M684.55M718.98M724.24M670.65M705.01M885.46M885.39M838.56M1.05B1.22B1.10B1.13B1.16B
Growth (%)-+36.69%+31.04%+26.07%+24.40%+27.58%+16.86%-0.98%+3.18%+3.20%+3.63%+6.53%+6.34%+4.20%+8.62%-23.93%+10.37%+0.44%+3.31%+1.53%+5.03%+0.73%-7.40%+5.12%+25.60%-0.01%-5.29%+24.74%+16.33%-9.31%+2.53%+2.92%
Cost of Revenue32.30M41.80M85.90M121.37M165.29M242.77M322.51M329.90M265.76M297.13M344.42M354.56M368.93M398.13M137.03M38.85M66.52M332.92M585.42M601.64M606.02M593.36M573.43M612.10M741.02M780.47M729.01M898.72M1.03B939.37M941.83M1.07B
Gross Profit99.60M138.50M150.37M176.50M205.25M229.97M229.92M217.12M298.65M285.32M259.20M288.50M314.89M314.39M636.88M549.84M583.23M319.71M88.84M82.91M112.96M130.88M97.22M92.91M144.44M104.92M109.55M147.28M185.99M164.20M189.65M93.31M
Gross Margin75.51%76.82%63.64%59.25%55.39%48.65%41.62%39.69%52.91%48.99%42.94%44.86%46.05%44.12%82.29%93.40%89.76%48.99%13.18%12.11%15.71%18.07%14.50%13.18%16.31%11.85%13.06%14.08%15.28%14.88%16.76%8.01%
Operating Expense76.70M110.30M130.30M148.37M169.55M187.28M201.14M217.19M273.68M257.10M245.25M271.43M305.26M325.07M692.56M554.56M557.22M320.77M65.63M62.52M73.31M63.09M64.78M64.75M85.45M96.15M123.58M83.92M105.63M105.38M144.89M79.34M
Operating Income22.90M28.20M20.07M28.12M35.70M42.69M28.78M-63.00K24.97M28.22M13.95M17.07M9.63M-10.68M-55.68M-4.72M26.01M-1.06M23.21M20.39M39.65M67.78M32.45M28.16M58.99M8.77M-14.03M63.36M80.36M58.82M44.76M13.97M
Operating Margin17.36%15.64%8.49%9.44%9.63%9.03%5.21%-0.01%4.42%4.85%2.31%2.65%1.41%-1.50%-7.19%-0.80%4.00%-0.16%3.44%2.98%5.51%9.36%4.84%3.99%6.66%0.99%-1.67%6.06%6.60%5.33%3.96%1.20%
EBITDA32.30M45.00M-43.65M70.46M-31.20M-213.68M-330.68M-338.71M-189.86M-225.87M59.93M56.49M52.88M43.52M7.42M32.26M77.84M52.77M73.23M67.60M88.69M129.79M104.09M100.58M134.84M87.65M55.40M135.82M203.39M150.15M146.00M116.87M
EBITDA Margin24.49%24.96%-18.48%23.66%-8.42%-45.20%-59.86%-61.92%-33.64%-38.78%9.93%8.79%7.73%6.11%0.96%5.48%11.98%8.09%10.86%9.88%12.34%17.92%15.52%14.27%15.23%9.90%6.61%12.99%16.71%13.61%12.90%10.04%
Net Income7.30M9.30M8.98M13.70M18.28M22.28M11.88M-6.66M8.27M12.16M3.38M5.19M-1.38M-16.73M-53.39M-25.03M3.29M-14.27M6.07M5.24M17.81M42.09M16.84M55.44M42.50M8.48M-42.72M60.73M108.68M55.23M35.92M7.24M
Net Income Margin5.53%5.16%3.80%4.60%4.93%4.71%2.15%-1.22%1.47%2.09%0.56%0.81%-0.20%-2.35%-6.90%-4.25%0.51%-2.19%0.90%0.77%2.48%5.81%2.51%7.86%4.80%0.96%-5.09%5.81%8.93%5.00%3.17%0.62%
Interest Expense00000000003.10M4.20M7.15M12.29M10.37M14.18M16.57M16.21M12.70M10.40M10.81M8.45M8.23M8.26M8.71M11.11M6.84M2.79M3.08M7.97M13.58M12.05M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.51%0.65%1.05%1.72%1.34%2.41%2.55%2.48%1.88%1.52%1.50%1.17%1.23%1.17%0.98%1.25%0.82%0.27%0.25%0.72%1.20%1.04%

Balance Sheet

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets112.60M112.60M187.15M215.26M272.96M383.97M390.51M349.78M361.54M354.28M360.03M371.26M475.09M439.79M393.68M398.31M432.37M439.82M400.23M469.74M553.72M646.33M619.79M649.67M773.52M881.85M676.72M651.66M796.64M954.44M997.57M1.05B
Total Liabilities49.10M49.10M105.42M119.66M131.44M220.12M222.69M187.88M185.95M162.14M164.33M181.54M286.25M267.53M274.86M303.64M331.67M352.77M305.56M369.38M384.51M444.17M383.38M354.47M430.38M531.74M386.07M301.96M419.52M551.02M559.23M641.55M
Total Equity63.50M63.50M81.73M95.60M141.52M163.85M167.82M161.90M175.59M192.14M195.70M189.72M188.84M172.27M118.82M94.67M100.70M87.06M94.67M100.36M169.20M202.16M236.41M295.20M343.14M350.11M290.64M349.70M377.13M403.42M438.34M404.00M
Cash4.90M500.00K3.49M2.61M2.93M1.05M2.29M383.00K42.00K3.31M5.07M3.62M5.41M4.50M6.30M12.22M9.36M3.90M6.85M9.26M21.33M4.49M7.75M15.36M23.13M43.59M8.41M8.41M68.67M2.29M35.62M4.95M
Total Debt37.50M37.50M83.16M82.38M86.27M144.72M80.80M49.15M44.30M13.30M8.02M33.00M109.18M93.37M167.12M219.86M229.95M248.47M183.21M238.40M202.33M255.43M216.01M213.80M237.69M348.76M111.59M74.25M179.63M293.46M296.89M338.70M
Net Debt32.60M37.00M79.67M79.77M83.35M143.67M78.51M48.77M44.26M9.99M2.96M29.38M103.77M88.87M160.82M207.64M220.59M244.58M176.36M229.13M181.00M250.94M208.26M198.44M214.57M305.17M103.18M65.84M110.96M291.17M261.27M333.75M

Cash Flow

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow15.40M9.10M39.13M45.25M39.90M44.48M48.66M73.76M67.17M47.72M44.11M25.57M60.66M33.72M40.31M30.90M70.84M32.06M55.10M40.45M73.74M85.48M102.43M82.85M124.80M64.03M63.04M73.22M159.23M84.84M122.89M113.65M
Investing Cash Flow-50.20M-55.70M-38.92M-27.60M-59.06M-80.83M-41.22M--56.35M-25.88M-32.44M-43.93M-100.61M-11.11M-62.65M-63.01M-82.27M-50.74M13.15M-84.40M-84.60M-147.68M-47.29M-62.05M-120.90M-93.03M138.05M10.34M-86.21M-235.92M-107.67M-140.06M
Financing Cash Flow38.50M42.10M2.83M-18.52M19.47M34.46M-6.20M-44.34M-11.16M-18.58M-9.92M16.91M41.74M-23.52M24.14M38.03M8.57M13.21M-65.30M46.37M22.92M45.36M-51.88M-13.19M3.87M49.46M-236.27M-83.56M-12.77M84.71M18.11M-4.26M
Capital Expenditure53.60M72.40M49.14M55.28M80.52M101.65M71.43M55.47M70.72M94.36M81.61M109.92M162.75M64.26M89.02M113.06M137.35M114.80M41.79M135.90M163.68M181.96M112.79M110.80M75.14M138.27M94.05M35.28M100.47M217.61M152.96M147.57M
Free Cash Flow-38.20M-63.30M-10.02M-10.03M-40.62M-57.17M-22.77M18.30M-3.55M-46.65M-37.50M-84.34M-102.09M-30.54M-48.72M-82.17M-66.51M-82.74M13.31M-95.45M-89.94M-96.49M-10.36M-27.95M49.66M-74.24M-31.01M37.93M58.76M-132.77M-30.07M-33.92M
Dividends Paid----------57.03M122.00M-------------4.29M4.29M4.29M4.29M5.78M5.80M7.16M
FCF to OCF-248.05%-695.60%-25.60%-22.17%-101.80%-128.51%-46.78%24.81%-5.29%-97.76%-85.01%-329.82%-168.28%-90.57%-120.86%-265.92%-93.89%-258.07%24.16%-236.00%-121.96%-112.88%-10.12%-33.73%39.79%-115.95%-49.19%51.81%36.90%-156.49%-24.47%-29.85%
Dividend Paid to FCF-----------152.06%-144.64%--------------5.77%-13.83%11.30%7.30%-4.35%-19.28%-21.11%

Earnings

Report DateJul 20, 1995Oct 19, 1995Feb 1, 1996Apr 18, 1996Jul 18, 1996Oct 17, 1996Jan 23, 1997Apr 16, 1997Jul 16, 1997Oct 15, 1997Jan 28, 1998Apr 9, 1998Jul 15, 1998Oct 14, 1998Jan 27, 1999Apr 21, 1999Jul 21, 1999Oct 14, 1999Jan 26, 2000Apr 19, 2000Jul 19, 2000Oct 18, 2000Jan 24, 2001Apr 18, 2001Jul 18, 2001Oct 17, 2001Jan 29, 2002Apr 17, 2002Jul 17, 2002Oct 15, 2002Jan 28, 2003Apr 22, 2003Jul 22, 2003Oct 23, 2003Jan 27, 2004Apr 20, 2004Jul 20, 2004Oct 18, 2004Jan 25, 2005Apr 21, 2005Jul 20, 2005Oct 24, 2005Jan 24, 2006Apr 19, 2006Jul 24, 2006Oct 24, 2006Jan 25, 2007Apr 23, 2007Jul 25, 2007Oct 18, 2007Jan 24, 2008Apr 21, 2008Jul 29, 2008Oct 27, 2008Feb 3, 2009Apr 28, 2009Jul 27, 2009Oct 26, 2009Feb 3, 2010Apr 28, 2010Jul 21, 2010Oct 25, 2010Jan 26, 2011Apr 26, 2011Jul 26, 2011Nov 9, 2011Feb 1, 2012Apr 26, 2012Jul 25, 2012Oct 30, 2012Jan 30, 2013Apr 24, 2013Jul 24, 2013Oct 17, 2013Jan 27, 2014Apr 29, 2014Jul 23, 2014Oct 21, 2014Jan 21, 2015Apr 23, 2015Jul 22, 2015Oct 16, 2015Jan 25, 2016Apr 27, 2016Jul 27, 2016Oct 19, 2016Jan 25, 2017Apr 20, 2017Jul 25, 2017Oct 19, 2017Jan 29, 2018Apr 24, 2018Jul 25, 2018Oct 23, 2018Jan 23, 2019Apr 25, 2019Jul 24, 2019Oct 22, 2019Jan 23, 2020May 19, 2020Aug 10, 2020Oct 26, 2020Jan 25, 2021Apr 26, 2021Jul 21, 2021Oct 20, 2021Jan 26, 2022Apr 27, 2022Jul 25, 2022Oct 20, 2022Jan 25, 2023Apr 27, 2023Jul 26, 2023Oct 25, 2023Jan 23, 2024Apr 24, 2024Jul 24, 2024Oct 23, 2024Jan 23, 2025Apr 23, 2025Jul 23, 2025Oct 22, 2025Jan 29, 2026Apr 23, 2026Jul 29, 2026Oct 28, 2026
EPS Estimate0.210.220.210.040.190.260.230.130.250.300.280.180.300.360.360.210.400.440.430.190.270.220.280.050.030.090.100.020.020.050.110.040.100.130.130.040.130.170.17-0.010.020.040.08-0.030.030.01-0.02-0.06--0.16-0.04-0.23-0.18-0.10-0.02-0.18-0.07-0.05-0.05-0.120.070.090.03-0.070.05-0.04-0.04-0.070.030.030.04-0.070.040.040.10-0.050.100.170.370.140.230.200.340.100.100.070.160.010.040.090.260.100.260.310.390.110.17-0.040.08-0.050.010.270.310.180.350.510.520.430.650.680.710.400.480.560.510.400.490.530.490.340.420.440.330.240.430.46
EPS Actual0.160.200.190.040.220.250.170.140.270.310.320.200.320.370.380.220.400.450.430.140.200.220.280.020.040.100.090.010.020.030.120.030.110.140.140.030.150.170.20-0.020.030.050.16-0.030.010.03-0.03-0.07-0.17-0.120.01-0.28-0.08-0.10-0.22-0.19-0.11-0.07-0.10-0.070.100.070.03-0.080.06-0.06-0.07-0.080.070.040.05-0.080.060.070.10-0.040.130.210.410.150.300.210.370.110.100.080.170.020.040.130.250.120.270.330.460.140.18-0.040.05-0.040.020.280.310.280.480.510.540.680.820.760.690.470.540.560.540.420.520.550.490.320.450.440.310.260.42-
Surprise-23.81%-9.09%-9.52%0.00%15.79%-3.85%-26.09%7.69%8.00%3.33%14.29%11.11%6.67%2.78%5.56%4.76%0.00%2.27%0.00%-26.32%-25.93%0.00%0.00%-60.00%33.33%11.11%-10.00%-50.00%0.00%-40.00%9.09%-25.00%10.00%7.69%7.69%-25.00%15.38%0.00%17.65%-100.00%50.00%25.00%100.00%0.00%-66.67%200.00%-50.00%-16.67%-25.00%125.00%-21.74%55.56%0.00%-1000.00%-5.56%-57.14%-40.00%-100.00%41.67%42.86%-22.22%0.00%-14.29%20.00%-50.00%-75.00%-14.29%133.33%33.33%25.00%-14.29%50.00%75.00%0.00%20.00%30.00%23.53%10.81%7.14%30.43%5.00%8.82%10.00%0.00%14.29%6.25%100.00%0.00%44.44%-3.85%20.00%3.85%6.45%17.95%27.27%5.88%0.00%-37.50%20.00%100.00%3.70%0.00%55.56%37.14%0.00%3.85%58.14%26.15%11.76%-2.82%17.50%12.50%0.00%5.88%5.00%6.12%3.77%0.00%-5.88%7.14%0.00%-6.06%8.33%-2.33%-
Timing--------Pre-marketPre-marketPre-marketPre-market---------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap841.53M
Enterprise Value1.19B
Trailing P/E663.20
Forward P/E14.22
Price / Sales0.68
Price / Book2.10
EPS0.05
Book Value16.29
Revenue (TTM)1.23B
Gross Profit (TTM)249.64M
EBITDA113.09M
Profit Margin0.31%
Operating Margin2.84%
Return on Equity0.23%
Return on Assets1.15%
Shares Outstanding20.68M
Shares Float15.32M
Beta1.30
Dividend Yield0.82%
Dividend Rate0.28
Payout Ratio19.58%

Analyst Ratings

Strong Buy
Based on 4 analystsTarget 51.75
  • Strong Buy
    3
  • Hold
    1

Ownership Breakdown

Institutions
73.65%
Insiders
25.97%
Retail / Other
0.38%

Top Institutional Holders

  • BlackRock Inc
    1.98M7.79%
  • Dimensional Fund Advisors, Inc.
    1.34M5.28%
  • T. Rowe Price Investment Management,Inc.
    1.07M4.21%
  • American Century Companies Inc
    859.57K3.39%
  • Arnhold & S. Bleichroeder Advisers, LLC
    717.86K2.83%
  • Vanguard Capital Management, LLC
    663.76K2.62%
  • Patton Albertson & Miller LLC
    584.87K2.30%
  • Next Century Growth Investors LLC
    551.91K2.17%
  • State Street Corp
    428.50K1.69%
  • Geode Capital Management, LLC
    362.88K1.43%
  • Royce & Associates, LP
    341.87K1.35%
  • CSM Advisors, LLC
    299.72K1.18%
  • Charles Schwab Investment Management Inc
    291.67K1.15%
  • Bridgeway Capital Management, LLC
    261.36K1.03%

Top Fund Holders

  • Avantis US Small Cap Value ETF
    849.84K3.35%
  • T. Rowe Price Small-Cap Value
    495.23K1.95%
  • Vanguard MStar Total Stk Mkt Idx Invest
    487.83K1.92%
  • iShares Russell 2000 ETF
    404.90K1.60%
  • First Eagle Small Cap Opportunity I
    332.09K1.31%
  • BlackRock Advantage Small Cap Core Instl
    252.27K0.99%

Dividends

20263×
0.07Sep 4, 20260.07Jun 5, 20260.07Mar 6, 2026
20254×
0.07Dec 5, 20250.07Sep 5, 20250.07Jun 6, 20250.07Mar 7, 2025
20244×
0.06Dec 6, 20240.06Sep 6, 20240.06Jun 7, 20240.06Feb 29, 2024
20234×
0.06Nov 30, 20230.06Aug 31, 20230.06Jun 1, 20230.06Mar 2, 2023
20224×
0.04Dec 1, 20220.04Sep 1, 20220.03Jun 2, 20220.03Mar 3, 2022

Stock Splits

  • Jan 2, 20252:1