Covenant Logistics Group, Inc. (CVLG)

Official site

INDUSTRIALS • TRUCKING • NYSE

$30.83

+0.18 (+0.59%)

Market Cap: $779.61M

Last updated: Oct 16, 2026 at 7:00 PM ET

Earnings

Performance (10Y)

Beat Rate

85%(33/39)

Avg Surprise

+14.26%

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$0.45

Range$0.41 - $0.53

5 analysts

EPS RevisionsNo revisions (7d)

30d

EPS Estimate DriftChange to current

90d ago$0.50-10.0%

60d ago$0.48-7.2%

30d ago$0.49-8.9%

7d ago$0.48-5.9%

Current$0.45

Revenue Consensus

$341M

Range$335M - $350M

3 analysts

Period ending Dec 31, 2026

EPS Consensus$0.54

Range$0.43 - $0.70

5 analysts

Revenue Consensus

$357M

Range$348M - $374M

3 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$0.54	$0.43 - $0.70	-	-	5	-	-
Sep 30, 2026Sep 26EST	-	$0.45	$0.41 - $0.53	-	-	5	0 1 30d	-
Jun 30, 2026Jun 26 Reported Jul 29, 2026Reported Jul 29	$0.42	$0.43	$0.40 - $0.45	-2.33%	Miss	4	0 3 30d	-6.7%
Mar 31, 2026Mar 26 Reported Apr 23, 2026Reported Apr 23	$0.26	$0.24	$0.23 - $0.25	+8.33%	Beat	4	0 4 30d	-18.8%
Dec 31, 2025Dec 25 Reported Jan 22, 2026Reported Jan 22	$0.31	$0.33	$0.31 - $0.37	-6.06%	Miss	3	0 3 30d	-36.7%
Sep 30, 2025Sep 25 Reported Oct 22, 2025Reported Oct 22	$0.44	$0.44	$0.39 - $0.47	+0.00%	Beat	4	0 3 30d	-20.0%
Jun 30, 2025Jun 25 Reported Jul 23, 2025Reported Jul 23	$0.45	$0.42	$0.41 - $0.42	+7.14%	Beat	3	0 1 30d	-13.5%
Mar 31, 2025Mar 25 Reported Apr 23, 2025Reported Apr 23	$0.32	$0.34	$0.32 - $0.35	-5.88%	Miss	3	0 2 30d	-23.8%
Dec 31, 2024Dec 24 Reported Jan 24, 2025Reported Jan 24	$0.49	$0.49	$0.48 - $0.51	+0.00%	Beat	4	0 2 30d	-9.3%
Sep 30, 2024Sep 24 Reported Oct 23, 2024Reported Oct 23	$0.55	$0.53	$0.51 - $0.55	+3.77%	Beat	3	0 1 30d	-1.8%
Jun 30, 2024Jun 24 Reported Jul 24, 2024Reported Jul 24	$0.52	$0.49	$0.46 - $0.52	+6.12%	Beat	4	1 1 30d	-3.7%
Mar 31, 2024Mar 24 Reported Apr 24, 2024Reported Apr 24	$0.42	$0.40	$0.35 - $0.43	+5.00%	Beat	4	No revisions (30d)	-10.6%
Dec 31, 2023Dec 23 Reported Jan 23, 2024Reported Jan 23	$0.54	$0.51	$0.48 - $0.53	+5.88%	Beat	3	No revisions (30d)	-21.7%
Sep 30, 2023Sep 23 Reported Oct 25, 2023Reported Oct 25	$0.56	$0.56	$0.54 - $0.59	+0.00%	Beat	3	2 0 30d	-26.3%
Jun 30, 2023Jun 23 Reported Jul 26, 2023Reported Jul 26	$0.54	$0.48	$0.38 - $0.58	+12.50%	Beat	2	No revisions (30d)	-34.1%
Mar 31, 2023Mar 23 Reported Apr 27, 2023Reported Apr 27	$0.47	$0.40	$0.29 - $0.50	+17.50%	Beat	4	1 0 30d	-30.9%
Dec 31, 2022Dec 22 Reported Jan 25, 2023Reported Jan 25	$0.69	$0.71	-	-2.82%	Miss	4	No revisions (30d)	+27.8%
Sep 30, 2022Sep 22 Reported Oct 20, 2022Reported Oct 20	$0.76	$0.68	$0.64 - $0.74	+11.76%	Beat	4	1 0 30d	+49.0%
Jun 30, 2022Jun 22 Reported Jul 25, 2022Reported Jul 25	$0.82	$0.65	$0.48 - $0.74	+26.15%	Beat	3	1 0 30d	+70.8%
Mar 31, 2022Mar 22 Reported Apr 27, 2022Reported Apr 27	$0.68	$0.43	$0.39 - $0.47	+58.14%	Beat	4	1 0 30d	+142.9%
Dec 31, 2021Dec 21 Reported Jan 26, 2022Reported Jan 26	$0.54	$0.52	$0.49 - $0.56	+3.85%	Beat	4	No revisions (30d)	+74.2%
Sep 30, 2021Sep 21 Reported Oct 20, 2021Reported Oct 20	$0.51	$0.51	$0.38 - $0.61	+0.00%	Beat	4	1 0 30d	+82.1%
Jun 30, 2021Jun 21 Reported Jul 21, 2021Reported Jul 21	$0.48	$0.35	$0.28 - $0.47	+37.14%	Beat	4	No revisions (30d)	+2300.0%
Mar 31, 2021Mar 21 Reported Apr 26, 2021Reported Apr 26	$0.28	$0.18	$0.14 - $0.22	+55.56%	Beat	3	2 0 30d	+800.0%
Dec 31, 2020Dec 20 Reported Jan 25, 2021Reported Jan 25	$0.31	$0.31	$0.30 - $0.33	+0.00%	Beat	4	No revisions (30d)	+520.0%
Sep 30, 2020Sep 20 Reported Oct 26, 2020Reported Oct 26	$0.28	$0.27	$0.23 - $0.31	+3.70%	Beat	3	3 0 30d	+800.0%
Jun 30, 2020Jun 20 Reported Aug 10, 2020Reported Aug 10	$0.02	$0.01	$-0.10 - $0.09	+100.00%	Beat	4	3 0 30d	-88.9%
Mar 31, 2020Mar 20 Reported May 19, 2020Reported May 19	$-0.04	$-0.05	-	+20.00%	Beat	-	-	-128.6%
Dec 31, 2019Dec 19 Reported Jan 23, 2020Reported Jan 23	$0.05	$0.08	-	-37.50%	Miss	-	-	-89.1%
Sep 30, 2019Sep 19 Reported Oct 22, 2019Reported Oct 22	$-0.04	$-0.04	-	+0.00%	Beat	-	-	-112.1%
Jun 30, 2019Jun 19 Reported Jul 24, 2019Reported Jul 24	$0.18	$0.17	-	+5.88%	Beat	-	-	-33.3%
Mar 31, 2019Mar 19 Reported Apr 25, 2019Reported Apr 25	$0.14	$0.11	-	+27.27%	Beat	-	-	+16.7%
Dec 31, 2018Dec 18 Reported Jan 23, 2019Reported Jan 23	$0.46	$0.39	-	+17.95%	Beat	-	-	+84.0%
Sep 30, 2018Sep 18 Reported Oct 23, 2018Reported Oct 23	$0.33	$0.31	-	+6.45%	Beat	-	-	+153.8%
Jun 30, 2018Jun 18 Reported Jul 25, 2018Reported Jul 25	$0.27	$0.26	-	+3.85%	Beat	-	-	+575.0%
Mar 31, 2018Mar 18 Reported Apr 24, 2018Reported Apr 24	$0.12	$0.10	-	+20.00%	Beat	-	-	+500.0%
Dec 31, 2017Dec 17 Reported Jan 29, 2018Reported Jan 29	$0.25	$0.26	-	-3.85%	Miss	-	-	+47.1%
Sep 30, 2017Sep 17 Reported Oct 19, 2017Reported Oct 19	$0.13	$0.09	-	+44.44%	Beat	-	-	-
Jun 30, 2017Jun 17 Reported Jul 25, 2017Reported Jul 25	$0.04	$0.04	-	+0.00%	Beat	-	-	-
Mar 31, 2017Mar 17 Reported Apr 20, 2017Reported Apr 20	$0.02	$0.01	-	+100.00%	Beat	-	-	-
Dec 31, 2016Dec 16 Reported Jan 25, 2017Reported Jan 25	$0.17	$0.16	-	+6.25%	Beat	-	-	-

Dividends

Dividend Metrics

Forward Yield0.91%

Forward Annual Dividend$0.28

Payout Ratio8.30%

FrequencyQuarterly

Pay MonthsMar, Jun, Sep, Dec

Growth

3Y CAGR+25.25%

CVLG dividend history and ex-dividend dates Run CVLG in the free DRIP calculator

Key Metrics

Valuation
P/E Ratio	21.56	EV/EBITDA	11.55x
Price/FCF	-20.54x	FCF Yield	-4.87%
Profitability
Profit Margin	0.31%	Operating Margin	2.84%
ROE	0.23%	ROIC	-0.16%
Financial Health
Debt/Equity	0.74x	Interest Coverage	0.24x
Current Ratio	1.14x	Quick Ratio	1.10x
Trading Statistics
Beta	1.40	Avg Volume	174.62K
52-Week High	$49.78	52-Week Low	$17.83

Technical Indicators Dashboard

Moving Averages

SMA 10$32.21

SMA 20$32.75

SMA 50$33.95

SMA 200$33.64

EMA 10$31.90

EMA 20$32.67

EMA 50$34.49

EMA 200$33.42

MACD

Line: -0.99Signal: -0.86Hist: -0.14

ADX

ADX: 31.5+DI: 9.8-DI: 27.7

Aroon & PSAR

Aroon Up12.0

Aroon Down96.0

PSAR$32.08

Bollinger Bands

Upper Band$34.81

Lower Band$30.70

%B Position1256%(Upper)

Band Width0.03

RSI (14-Day)

Neutral

31.1

Momentum Oscillators

Stoch %K11.7

Stoch %D10.2

Williams %R-87.6

ROC (10d)-6.8%

Momentum-2.25

CCI (20d)-169.8

MFI (14d)31.2

Volatility Measures

ATR (14d)$1.10(3.6%)

StdDev (20d)1.03

Hist Vol24.3%(Moderate)

Volume Flow

VWAP$30.84

OBV6.1M

AD Line-12.0M

CMF (20d)-0.046

Volume Metrics

Avg Vol (20d)155.1K

Vol Ratio0.9x

VWMA (20d)$32.71

Pivot Points

R3$32.22

R2$31.78

R1$31.22

Pivot Point$30.78

S1$30.22

S2$29.78

S3$29.22

Advanced Oscillators

TSI-28.09

Ultimate Osc46.5

KST-68.59

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$234.15M	$307.16M	$215.17M	$223.98M	$302.85M	$212.55M	$150.22M	$223.45M	$224.74M	$278.76M	$205.14M	$216.68M
Cost of Revenue	$147.98M	$226.78M	$136.02M	$139.25M	$213.93M	$133.12M	$133.19M	$139.36M	$135.47M	$131.29M	$130.34M	$137.49M
Gross Profit	$86.17M	$80.38M	$79.14M	$84.73M	$88.93M	$79.43M	$17.03M	$84.09M	$89.28M	$147.48M	$74.80M	$79.19M

Operating Expenses	$77.32M	$74.10M	$103.32M	$76.80M	$77.36M	$71.80M	$8.42M	$67.86M	$73.70M	$143.14M	$60.53M	$64.05M
R&D	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
SG&A	$12.40M	$14.20M	$15.06M	$15.87M	$14.66M	$13.60M	$18.81M	$11.94M	$14.48M	$20.83M	$11.28M	$11.77M
Operating Income	$8.84M	$6.28M	$-24,179,000	$7.93M	$11.56M	$7.63M	$8.61M	$16.23M	$15.58M	$4.33M	$14.27M	$15.14M

Interest Income	$5.26M	$3.69M	$3.09M	$3.58M	$4.27M	$3.78M	$2.95M	$3.99M	$4.09M	$3.68M	$4.72M	$5.33M
Interest Expense	$2.98M	$3.89M	$3.26M	$3.47M	$2.47M	$2.86M	$3.23M	$3.20M	$3.80M	$3.34M	$2.44M	$2.64M
Income Before Tax	$11.13M	$6.08M	$-24,352,000	$8.04M	$13.36M	$8.55M	$8.33M	$17.02M	$15.87M	$4.67M	$16.55M	$17.84M
Income Tax Expense	$2.59M	$1.66M	$-6,095,000	$1.77M	$3.52M	$1.98M	$0	$4.14M	$3.83M	$0	$3.91M	$4.48M

Net Income	$8.54M	$4.42M	$-18,257,000	$9.09M	$9.84M	$6.56M	$6.72M	$13.03M	$12.19M	$3.97M	$12.79M	$13.51M

EBITDA	$31.66M	$30.26M	$678,000	$30.88M	$34.68M	$29.42M	$30.68M	$37.46M	$37.71M	$25.44M	$32.51M	$33.32M
EBIT	$8.84M	$6.28M	$-24,179,000	$7.93M	$11.56M	$7.63M	$8.61M	$16.23M	$15.58M	$4.33M	$14.27M	$15.14M

* Some calculated fields are derived from available data when not provided by source

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News

Covenant Logistics Group Q3FY26 Results: Earnings call set for Oct 30

Covenant Logistics Group is scheduled to release its third-quarter earnings after market close on October 29, 2026. A conference call will follow on October 30, 2026...

scanx.trade•Oct 2, 2026 11:30 PM ET10/2/26•Neutral

Covenant Logistics Group, Inc. Announces Timing of Third Quarter Earnings Release and Conference Call

Covenant Logistics Group, Inc. (NYSE: CVLG) announced its third-quarter earnings will be released after 4:00 p.m. Eastern time on Thursday, October 29, 2026. The company will also host a live conference call on Friday...

markets.businessinsider.com•Oct 2, 2026 4:23 PM ET10/2/26•Neutral

Covenant Logistics Group, Inc. (NYSE:CVLG) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Covenant Logistics Group, Inc. (NYSE:CVLG) has received a "Moderate Buy" consensus rating from seven analysts, with an average 12-month price target of $51.80. Despite opening at $32.56 and having a high P/E ratio...

MarketBeat•Sep 28, 2026 9:23 PM ET9/28/26•Neutral

Covenant Logistics Q2FY26 Results: Operating income drops 19% on cost pressures

Covenant Logistics (NYSE: CVLG) reported a 6.6% rise in consolidated freight revenue for Q2 FY26, reaching $294.7 million, largely due to recent brokerage acquisitions. However...

scanx.trade•Sep 18, 2026 9:34 AM ET9/18/26•Somewhat-Bearish

Covenant Logistics Group, Inc. (NYSE:CVLG) Sees Significant Growth in Short Interest

Covenant Logistics Group (NYSE:CVLG) experienced a substantial 53.5% increase in short interest during August, reaching over 1 million shares. This surge, representing 6.2% of outstanding shares...

MarketBeat•Sep 2, 2026 7:55 AM ET9/2/26•Neutral

CVLG Valuation and Fair Value

P/E: 21.6x
Forward P/E: 14.2x
EV/EBITDA: 11.6x
P/FCF: -20.5x
P/B: 1.9x

See GNG's fair value

CVLG Profitability: Margins, ROIC and FCF

Gross margin: 33.7%
Operating margin: 2.8%
Net margin: 0.3%
ROIC: -0.2%
ROE: 0.2%
FCF margin: -3.9%
FCF yield: -4.9%

CVLG Competitors

Company	Ticker
T1 Energy Inc.	TE
Montrose Environmental Grp	MEG
Tetra Technologies Inc	TTI
Manitowoc Company Inc	MTW
Barrett Business Services Inc	BBSI
Ardmore Shpng	ASC
Kelly Services B Inc	KELYB
Himalaya Shipping Ltd.	HSHP

Sector: Industrials

CVLG Analyst Ratings

Consensus: Buy
Analysts: 5
Strong Buy: 1
Buy: 3
Hold: 1
Sell: 0
Strong Sell: 0

CVLG Bull Case vs Bear Case

Bull case

80.0% of CVLG's analyst ratings are Buy or Strong Buy.

Bear case

CVLG beat EPS estimates in 37.5% of its last 8 reported quarters.

CVLG Earnings: Beat Rate and Next Report

Beat rate: 3 of 8 quarters (37.5%)
Average surprise: 0.6%
EPS estimate (fiscal period ending Sep 30, 2026): $0.45
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 0 up, 1 down

CVLG Dividend

Forward yield: 0.9%
Payout ratio: 8.3%
3Y DPS growth: 25.3%
Pay months: Mar, Jun, Sep, Dec

CVLG dividend history

Frequently Asked Questions About CVLG

What is CVLG's current dividend yield?

Covenant Logistics Group, Inc. (CVLG) has a forward dividend yield of 0.91%.

Does CVLG pay dividends?

Yes, Covenant Logistics Group, Inc. pays dividends with a forward dividend yield of 0.91%.

What is CVLG's P/E ratio?

Covenant Logistics Group, Inc. has a price-to-earnings (P/E) ratio of 21.56.

What is CVLG's market cap?

Covenant Logistics Group, Inc. (CVLG) has a market capitalization of $779.61M with a current stock price of $30.83.

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