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Covenant LogisticsNASDAQ: CVLG

Profile

Industry:

Trucking

Country:

United States

IPO:

28 October 1994

Next earnings report:

26 July 2024

Last dividends:

07 June 2024

Next dividends:

N/A
$638.15 M
-14%vs. 3y high
43%vs. sector
-73%vs. 3y high
31%vs. sector
-20%vs. 3y high
43%vs. sector
-13%vs. 3y high
25%vs. sector

Price

after hours | 34 min ago
$48.66-$0.63(-1.28%)
$278.76 M$294.00 M
$278.76 M$3.97 M

Analysts recommendations

Institutional Ownership

CVLG Latest News

Covenant Logistics Group, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call
globenewswire.com01 July 2024 Sentiment: -

CHATTANOOGA, Tenn., July 01, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced its plans to release its second quarter earnings after 4:00 p.m. Eastern time on Wednesday, July 24, 2024. Covenant Logistics Group, Inc. will hold a live conference call to discuss its second quarter earnings release on Thursday, July 25, 2024, 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.”

Food Logistics Names Covenant Logistics Group as Recipient of 2024 Top 3PL & Cold Storage Providers Award
globenewswire.com10 June 2024 Sentiment: -

This award recognizes leading third-party logistics and cold storage providers in the cold food and beverage industry This award recognizes leading third-party logistics and cold storage providers in the cold food and beverage industry

Covenant Logistics Unveils 2023 Corporate Social Responsibility Report
globenewswire.com06 June 2024 Sentiment: POSITIVE

CHATTANOOGA, Tenn., June 06, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc., a leading provider of transportation and logistics services in the U.S., is proud to announce the release of its 2023 Corporate Social Responsibility Report, a detailed report highlighting the company's unwavering commitment to sustainability, environmental responsibility, and community engagement.

Covenant Logistics Group Announces Quarterly Cash Dividend
globenewswire.com17 May 2024 Sentiment: POSITIVE

Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) has declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock. The dividend will be payable to stockholders of record on June 7, 2024, and is expected to be paid on June 28, 2024.

Covenant Logistics (CVLG) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research04 April 2024 Sentiment: POSITIVE

The latest trading day saw Covenant Logistics (CVLG) settling at $46.18, representing a +0.98% change from its previous close.

Why Covenant Logistics (CVLG) Dipped More Than Broader Market Today
Zacks Investment Research02 April 2024 Sentiment: NEUTRAL

Covenant Logistics (CVLG) closed at $45.46 in the latest trading session, marking a -1.04% move from the prior day.

Covenant Logistics Group, Inc. Announces Timing of First Quarter Earnings Release and Conference Call
GlobeNewsWire01 April 2024 Sentiment: NEUTRAL

CHATTANOOGA, Tenn., April 01, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced its plans to release its first quarter earnings after 4:00 p.m. Eastern time on Wednesday, April 24, 2024. Covenant Logistics Group, Inc. will hold a live conference call to discuss its first quarter earnings release on Thursday, April 25, 2024, 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 ww w .c o venantlogistics.com/investors  under “Earnings Info.”

Should Value Investors Buy Covenant Logistics Group (CVLG) Stock?
Zacks Investment Research14 March 2024 Sentiment: POSITIVE

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Covenant Logistics Group (CVLG) Right Now?
Zacks Investment Research27 February 2024 Sentiment: POSITIVE

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is It Worth Investing in Covenant Logistics (CVLG) Based on Wall Street's Bullish Views?
Zacks Investment Research22 February 2024 Sentiment: POSITIVE

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

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What type of business is Covenant Logistics?

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.

What sector is Covenant Logistics in?

Covenant Logistics is in the Industrials sector

What industry is Covenant Logistics in?

Covenant Logistics is in the Trucking industry

What country is Covenant Logistics from?

Covenant Logistics is headquartered in United States

When did Covenant Logistics go public?

Covenant Logistics initial public offering (IPO) was on 28 October 1994

What is Covenant Logistics website?

https://www.covenantlogistics.com

Is Covenant Logistics in the S&P 500?

No, Covenant Logistics is not included in the S&P 500 index

Is Covenant Logistics in the NASDAQ 100?

No, Covenant Logistics is not included in the NASDAQ 100 index

Is Covenant Logistics in the Dow Jones?

No, Covenant Logistics is not included in the Dow Jones index

When does Covenant Logistics report earnings?

The next expected earnings date for Covenant Logistics is 26 July 2024