COVENANT LOGISTICS GROUP INC CLASS (CVLG)
Industrials · NYSE
A diversified transportation and logistics provider operating approximately 2,300 tractors across expedited truckload, dedicated, brokerage, and specialized transportation services.
What COVENANT LOGISTICS GROUP INC CLASS does
Covenant Logistics Group is a transportation and logistics company founded in 1986 that has grown from an expedited freight provider to a diversified carrier with approximately 2,300 tractors. The company operates multiple service lines including expedited transcontinental truckload transportation, dedicated contract carriage through Landair, specialized transportation for U.S. government-regulated shipments through AAT, poultry and agricultural transport via LTST, freight brokerage services through Sims and Star Logistics, and transportation management and warehousing logistics systems. The company serves customers across various industries while managing driver retention, capital allocation, and supply chain integration to reduce seasonal volatility.
Themes: ["Truckload transportation / expedited freight","Dedicated contract carriage","Freight brokerage","Logistics and supply chain management","Specialized transportation (government, agricultural)","Fleet management and driver retention"]
Fundamentals
- Price$46.50 as of 2026-07-09 close
- Market cap$1.2B as of 2026-07-10
- 1-year return+81.6% as of 2026-07-09 close
- P/E228.40 as of 2026-07-10
- Net margin+0.4% as of 2026-07-10
- Gross margin+64.1% as of 2026-07-10
- ROE+1.2% as of 2026-07-10
- Debt / equity0.63 as of 2026-07-10
- Revenue growth (YoY)+7.2% as of 2026-07-10
- Revenue CAGR (3y)-0.7% SEC XBRL
- Beta1.29 as of 2026-07-10
Dividend: yield +0.6%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Driver shortage and retention: The filing emphasizes that qualified driver applicants are scarce and regulatory constraints, safety demands, and rising driver compensation costs significantly impact asset productivity and operating margins.","Fuel price and interest rate volatility: The company identifies diesel fuel prices and interest rates as areas of significant risk and volatility that can materially affect operating expenses and financing costs.","Insurance and claims cost escalation: Casualty insurance costs have risen dramatically and represent a material operating expense, with self-insured accident liability retention decisions impacting profitability."]
Competitors & peers
- Knight-Swift Transportation (KNX)
- Werner Enterprises (WERN)
- Heartland Express (HTLD)
- PAM Transportation Services (PTSI)
- USA Truck (USAK)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.