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CVLG
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CVLGCovenant Logistics Group, Inc.
$31.55$794M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
CVLG logo

Covenant Logistics Group, Inc.

CVLG
NASDAQ · Trucking
$31.55
At close - Nov 6, 4:00 PM EST - USD
Market Cap$794M
P/E155.3x
52W High$49.88
Volume272.94K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Revenue Acceleration Masks Severe Margin Erosion and Cash Burn

Covenant Logistics is experiencing a revenue growth acceleration to 9.9% year-over-year, but this top-line momentum is being achieved through margin sacrifice, with gross margins contracting 820 basis points to 7.9% over the past year.

GrowthAccelerating
ProfitabilityStrained
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

CVLG price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

5/12 Beats

EPS beat 5 of last 12 quarters

02

Valuation risk

+402% Peers

P/E is 402% above peer median

03

Market leadership

RS 47 · Lag

Laggard (Underperforming 53% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Jan 29

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
CVLG+42.42%
S&P 500 (^GSPC)+7.63%
1-Year Return
CVLG+63.99%
S&P 500 (^GSPC)+9.69%
3-Year Return
CVLG+57.87%
S&P 500 (^GSPC)+64.65%
5-Year Return
CVLG+121.62%
S&P 500 (^GSPC)+52.66%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
155.3x
Forward P/EExpansion
18.3x
EV/EBITDA100th %ile
9.7x
FCF YieldCash Flow
13.9%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
155.3x
11.5x
100th· High
EV/EBITDA
9.7x
7.2x
100th· High
Price/FCF
7.2x
11.9x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$7.56-76.0%
Base (Fair)$22.99-50.8%
Bull$31.27-0.9%
$7.56 Bear$22.99 Base$31.27 Bull
Current Market Price: $31.55
Trades at a 37.2% premium to Base DCF ($22.99)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$1.16B+2.9% YoY
Net income FY25
$7M-79.8% YoY
Free cash flow FY25
-$34M-12.8% YoY
Operating margin FY25
1.2%-2.8 pts YoY
ROIC (FY25)1.5%
Avg ROIC 5Y7.8%
ROE (TTM)1.3%
Piotroski Score4 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate5/12 (42%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Oct 29, 2026
$0.50+16.8%
vs $0.43
$354M+5.0%
vs $337M
Q3 2026
Jul 29, 2026
$0.42-1.2%
vs $0.42
$333M-0.4%
vs $334M
Q2 2026
Apr 23, 2026
$0.26-25.7%
vs $0.35
$307M+6.6%
vs $288M
Q1 2026
Jan 22, 2026
$0.31-8.8%
vs $0.34
$295M+0.8%
vs $293M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
GlobeNewsWire·Oct 2, 2026
Covenant Logistics Group, Inc. Announces Timing of Third Quarter Earnings Release and Conference Call

CHATTANOOGA, Tenn., Oct. 02, 2026 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE: CVLG) announced its plans to release its third quarter earnings after 4:00 p.m. Eastern time on Thursday, October 29, 2026. Covenant Logistics Group, Inc. will hold a live conference call to discuss its third quarter earnings release on Friday, October 30, 2026, 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  www.covenantlogistics.com/investors  under “Earnings Info.”

Defense World·Sep 28, 2026
Covenant Logistics Group, Inc. (NYSE:CVLG) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Covenant Logistics Group, Inc. (NYSE: CVLG - Get Free Report) have been given an average rating of "Moderate Buy" by the seven research firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has given a hold rating, four have given a

MarketBeat·Aug 29, 2026
Covenant Logistics Eyes Higher-Return Growth as Freight Markets Recover

Covenant Logistics Group NYSE: CVLG is pursuing a strategy centered on higher-return freight, diversified operations and disciplined capital allocation as freight-market conditions improve, Chief Financial Officer Tripp Grant said during a presentation hosted by Three Part Advisors.

Zacks Investment Research·Aug 20, 2026
Implied Volatility Surging for Covenant Logistics Group Stock Options

Investors need to pay close attention to CVLG stock based on the movements in the options market lately.

Filtered for Covenant Logistics Group, Inc.More Headlines
04

Compare before deciding

Benchmark CVLG against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Covenant Logistics Group, Inc. (CVLG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CVLG logoCVLGCovenant Logistics Group, Inc.Current
$31.55$793.69M155.342.92%0.42%1.31%0.91%
WERN logoWERNWerner Enterprises, Inc.
$26.95$1.62B-85.07-1.84%-0.56%-1.39%2.09%
HTLD logoHTLDHeartland Express, Inc.
$10.09$781.87M-61.37-23.08%-1.77%-1.69%0.79%
MRTN logoMRTNMarten Transport, Ltd.
$11.74$957.86M71.94-8.31%1.55%1.74%1.53%
SNDR logoSNDRSchneider National, Inc.
$27.81$4.87B34.607.25%2.38%4.65%1.37%
KNX logoKNXKnight-Swift Transportation Holdings Inc.
$58.41$9.49B62.200.8%1.92%2.17%1.23%

Compare CVLG vs Peers

Covenant Logistics Group, Inc. (CVLG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs WERN

Most directly comparable listed peer for CVLG.

Scale Benchmark

vs UBER

Larger-name benchmark to compare CVLG against a more recognizable public peer.

Peer Set

Compare Top 5

vs WERN, HTLD, MRTN, SNDR

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

CVLG SEC Filings & Documents

Covenant Logistics Group, Inc. (CVLG) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 17, 2026·SEC

Material company update

Aug 7, 2026·SEC

Material company update

Jul 29, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 7, 2026·SEC

FY 2026

May 7, 2026·SEC

FY 2025

Nov 7, 2025·SEC

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CVLG Frequently Asked Questions

Covenant Logistics Group, Inc. (CVLG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Covenant Logistics Group, Inc.'s revenue?

Covenant Logistics Group, Inc. (CVLG) reported $1.29B in revenue over the trailing twelve months. Revenue was $1.16B in fiscal year 2025. That is 393% more than the $236.3M of fiscal year 1996.

How fast is Covenant Logistics Group, Inc. growing?

Covenant Logistics Group, Inc. (CVLG) grew revenue by 12.5% over the trailing twelve months, compared with the twelve months before.

Is CVLG profitable?

Yes. Covenant Logistics Group, Inc. (CVLG) earned $5.4M in net income over the trailing twelve months (a 0.4% net margin).

Dividend & Returns
Does CVLG pay dividends?

Yes. Covenant Logistics Group, Inc. (CVLG) pays a dividend that yields 0.91% at the current price, a small yield.

What is CVLG's return on equity?

Covenant Logistics Group, Inc. (CVLG) had a return on equity (ROE) of 1.3% over the trailing twelve months. That is below the market's typical 10-15%.

What is Covenant Logistics Group, Inc.'s free cash flow?

Covenant Logistics Group, Inc. (CVLG) generated $110.4M in free cash flow over the trailing twelve months.

What if you invested $1,000 in CVLG back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →