CVLG: Potential BuyMajor S/R zone and trend channel broken above with positive surprise earnings. Target at $66 backed by analyst expectations.
Next report date
Report period
Q2 2024
EPS estimate
0.98USD
Revenue estimate
173.50 MUSD
4.23USD
55.23 MUSD
1.10 BUSD
7.65 M
About Covenant Logistics Group, Inc.
Sector
Industry
CEO
David Ray Parker
Website
Headquarters
Chattanooga
Employees (FY)
4.6 K
Founded
1986
FIGI
BBG000DNYKG5
Covenant Logistics Group, Inc. is a holding company, which engages in the provision of freight and logistics services. It operates through the following segments: Highway Services and Dedicated Contract Services. The Highway Services Segment includes two separate service offerings: Expedited Services (Expedited) and Over-the-Road Services (OTR), both of which transport one-way freight over non-routine routes. The Dedicated Contract Services Segment provides similar transportation services, but does so pursuant to agreements whereby equipment available to a specific customer for shipments over particular routes at specified times. The company was founded by David Ray Parker in 1986 and is headquartered in Chattanooga, TN.
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Frequently Asked Questions
The current price of CVLG is 44.76 USD — it has increased by 1.36% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Covenant Logistics Group, Inc. stocks are traded under the ticker CVLG.
Covenant Logistics Group, Inc. is going to release the next earnings report on Jul 24, 2024. Keep track of upcoming events with our Earnings Calendar.
CVLG stock is 2.41% volatile and has beta coefficient of 1.27. Check out the list of the most volatile stocks — is Covenant Logistics Group, Inc. there?
CVLG earnings for the last quarter are 1.07 USD per share, whereas the estimation was 1.03 USD resulting in a 4.22% surprise. The estimated earnings for the next quarter are 0.80 USD per share. See more details about Covenant Logistics Group, Inc. earnings.
Covenant Logistics Group, Inc. revenue for the last quarter amounts to 273.99 M USD despite the estimated figure of 226.14 M USD. In the next quarter revenue is expected to reach 153.40 M USD.
Yes, you can track Covenant Logistics Group, Inc. financials in yearly and quarterly reports right on TradingView.
CVLG stock has risen by 2.45% compared to the previous week, the month change is a 2.67% fall, over the last year Covenant Logistics Group, Inc. has showed a 26.69% increase.
CVLG net income for the last quarter is 3.97 M USD, while the quarter before that showed 12.80 M USD of net income which accounts for −68.94% change. Track more Covenant Logistics Group, Inc. financial stats to get the full picture.
Today Covenant Logistics Group, Inc. has the market capitalization of 577.24 M, it has decreased by 2.29% over the last week.
Yes, CVLG dividends are paid quarterly. The last dividend per share was 0.11 USD. As of today, Dividend Yield (TTM)% is 1.00%. Tracking Covenant Logistics Group, Inc. dividends might help you take more informed decisions.
Covenant Logistics Group, Inc. dividend yield was 0.96% in 2023, and payout ratio reached 11.02%. The year before the numbers were 0.82% and 4.07% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, CVLG shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Covenant Logistics Group, Inc. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 25, 2024, the company has 4.60 K employees. See our rating of the largest employees — is Covenant Logistics Group, Inc. on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Covenant Logistics Group, Inc. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Covenant Logistics Group, Inc. stock shows the buy signal. See more of Covenant Logistics Group, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on Covenant Logistics Group, Inc. future price: according to them, CVLG price has a max estimate of 70.00 USD and a min estimate of 60.00 USD. Read a more detailed Covenant Logistics Group, Inc. forecast: see what analysts think of Covenant Logistics Group, Inc. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Covenant Logistics Group, Inc. EBITDA is 119.91 M USD, and current EBITDA margin is 10.53%. See more stats in Covenant Logistics Group, Inc. financial statements.