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Covenant LogisticsNASDAQ: CVLG

Profile

Industry:

Trucking

Country:

United States

IPO:

28 October 1994

Next earnings report:

23 January 2025

Last dividends:

06 September 2024

Next dividends:

N/A
$667.24 M
-10%vs. 3y high
43%vs. sector
-43%vs. 3y high
30%vs. sector
-vs. 3y high
-vs. sector
-10%vs. 3y high
25%vs. sector

Price

pre-market | 10 min ago
$50.66-$0.64(-1.25%)
$287.88 M$284.91 M
$287.88 M$13.03 M

Analysts recommendations

Institutional Ownership

CVLG Latest News

Covenant Logistics Group, Inc. (CVLG) Q3 2024 Earnings Call Transcript
seekingalpha.com24 October 2024 Sentiment: POSITIVE

Covenant Logistics Group, Inc. (NYSE:CVLG ) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Tripp Grant - Chief Financial Officer Paul Bunn - President David Parker - Chief Executive Officer Conference Call Participants Scott Group - Wolfe Research Jason Seidl - TD Cowen Daniel Imbro - Stephens Jeff Kauffman - Vertical Research Partners Michael Vermut - Newland Capital Dan Moore - Scopus Operator Welcome to today's Covenant Logistics Group Third Quarter Earnings Release and Investor Conference Call. Our host for today's call is Tripp Grant.

Covenant Logistics' Abby Hamm Named Recipient of 2024 Women in Supply Chain Award
globenewswire.com17 September 2024 Sentiment: POSITIVE

This award honors female supply chain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company's supply chain network This award honors female supply chain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company's supply chain network

Zacks Industry Outlook Knight-Swift, Werner Enterprises and Covenant
zacks.com28 August 2024 Sentiment: NEUTRAL

Knight-Swift, Werner Enterprises and Covenant have been highlighted in this Industry Outlook article.

3 Truck Stocks to Keep an Eye on From a Challenging Industry
zacks.com27 August 2024 Sentiment: POSITIVE

Weak freight demand hurts the Zacks Transportation Truck industry's outlook. KNX, WERN & CVLG are likely to overcome market challenges.

Covenant Logistics Group Announces Quarterly Cash Dividend
globenewswire.com19 August 2024 Sentiment: POSITIVE

CHATTANOOGA, Tenn., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE: CVLG) (“Covenant” or the “Company”) announced today that its board of directors has declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on September 6, 2024, and is expected to be paid on September 27, 2024.

Covenant Logistics Group: Staying In Lane
seekingalpha.com13 August 2024 Sentiment: POSITIVE

Covenant Logistics Group shares have outperformed the S&P 500, up 120.8% since January 2022. Revenue for the company increased nicely in the most recent quarter to $287.5 million, with growth seen across all operating segments. Despite a drop in net income this year as a whole, cash flows are growing and shares are attractively priced.

Logistics Management announces Covenant Logistics as a winner of the 41st Annual Quest for Quality Awards
globenewswire.com12 August 2024 Sentiment: POSITIVE

CHATTANOOGA, Tenn., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. is proud to announce its recognition as a winner at the 41st Annual Quest for Quality Awards, the gold standard for customer satisfaction and performance excellence for carriers, ports, and logistics providers worldwide.

Covenant Logistics Group Announces Move to New York Stock Exchange
globenewswire.com26 July 2024 Sentiment: POSITIVE

CHATTANOOGA, Tenn., July 26, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) today announced that it is transferring the listing of its Class A common stock, $0.01 par value per share (the “Class A common stock”), to the New York Stock Exchange (“NYSE”) from The NASDAQ Global Select Market (“NASDAQ”). Covenant expects to begin trading on the NYSE at market open on Tuesday, August 6, 2024, under its existing ticker symbol, “CVLG”. Covenant expects its Class A common stock to continue to trade on NASDAQ until the close of the market on August 5, 2024.

Covenant Logistics Group, Inc. (CVLG) Q2 2024 Earnings Call Transcript
seekingalpha.com25 July 2024 Sentiment: POSITIVE

Covenant Logistics Group, Inc. (NASDAQ:CVLG ) Q2 2024 Earnings Conference Call July 25, 2024 10:00 AM ET Company Participants Tripp Grant - Executive Vice President & Chief Financial Officer Paul Bunn - President & Chief Operating Officer David Parker - Founder & Chief Executive Officer Conference Call Participants Scott Group - Wolfe Research Jason Seidl - TD Cowen Daniel Imbro - Stephens Jeff Kaufman - Vertical Research Partners Michael Vermut - Newland Capital Operator Welcome to today's Covenant Logistics Group Second Quarter Earnings Release and Investor Conference Call. Our host for today's call is Tripp Grant.

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

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.”

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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. Its 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. Its 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 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 was Covenant Logistics the previous earnings report?

No data

When does Covenant Logistics earnings report?

The next expected earnings date for Covenant Logistics is 23 January 2025