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Covenant Logistics Group, Inc. (CVLG)

Industrials | Trucking | Chattanooga, United States | NYSE
30.49 USD +1.29 (4.418%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 30.37 -0.12 (-0.117%) ⇩ (April 17, 2026, 5:48 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★☆☆
Hot Take | April 19, 2026, 12:19 a.m. EDT

CVLG is a high-volatility contrarian play surging on news flow but fundamentally broken with negative operating margins and massive debt relative to equity. While the price action is building a technical floor above $27, the company's balance sheet and earnings reality make it a dangerous long-term hold; treat strictly as a trade with tight stops, not an investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.071933
MSTL0.081226
AutoETS0.087561
AutoARIMA0.087562

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 80%
H-stat 0.70
Ljung-Box p 0.000
Jarque-Bera p 0.135
Excess Kurtosis -1.45
Attribute Value
Sector Industrials
Ex Dividend Date 2026-03-05
Last Dividend Date 2026-03-05
Debt to Equity Ratio 83.837
Revenue per Share 45.402
Market Cap 765,060,416
Trailing P/E 190.56
Forward P/E 12.32
Beta 1.16
Profit Margins 0.62%
Website https://www.covenantlogistics.com

As of April 19, 2026, 12:19 a.m. EDT: Speculators are positioning for continued upside momentum, evidenced by significant Call Open Interest piling up at the $35 strikes for June and September expirations, which are well above the current price of ~$30.49. However, there is a distinct defensive put wall positioned at the $17.50 strike (22% below current price) for June and September, suggesting a defined downside risk floor. The intraday unwinding of 'lot lot' OI at the $30 strikes recently implies some short-term liquidity rotation, but the longer-dated bullish calls outweigh this noise.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.27% 1.19% 1.05%
Dividend History
Date Dividend Yield %
2026-03-06 0.0700 0.266059
2025-12-05 0.0700 0.323068
2025-09-05 0.0700 0.294184
2025-06-06 0.0700 0.310208
2025-03-07 0.0700 0.286373
2024-12-06 0.0550 0.196279
2024-09-06 0.0550 0.221510
2024-06-07 0.0550 0.234384
2024-02-29 0.0550 0.230731
2023-11-30 0.0550 0.264438
2023-08-31 0.0550 0.229536
2023-06-01 0.0550 0.292808
2023-03-02 0.0550 0.318737
2022-12-01 0.0400 0.215633
2022-09-01 0.0400 0.290483
2022-06-02 0.0315 0.277408
2022-03-03 0.0315 0.294908
Additional Data
dividendRate 0.28
dividendYield 0.92
exDividendDate 2026-03-06
trailingAnnualDividendRate 0.28
trailingAnnualDividendYield 0.009589041
lastDividendValue 0.07
lastDividendDate 2026-03-06
dividendDate 2026-03-27

Info Dump

Attribute Value
52 Week Change 0.6624863
Address1 400 Birmingham Highway
All Time High 30.77
All Time Low 0.68
Ask 30.94
Ask Size 300
Audit Risk 2
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 146,630
Average Daily Volume3 Month 159,850
Average Volume 159,850
Average Volume10Days 146,630
Beta 1.158
Bid 29.33
Bid Size 300
Board Risk 9
Book Value 16.114
City Chattanooga
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country United States
Crypto Tradeable 0
Currency USD
Current Price 30.49
Current Ratio 1.109
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 30.5
Day Low 29.32
Debt To Equity 83.837
Display Name Covenant Logistics
Dividend Date 1,774,569,600
Dividend Rate 0.28
Dividend Yield 0.92
Earnings Call Timestamp End 1,777,039,200
Earnings Call Timestamp Start 1,777,039,200
Earnings Timestamp 1,776,974,400
Earnings Timestamp End 1,776,974,400
Earnings Timestamp Start 1,776,974,400
Ebitda 116,031,000
Ebitda Margins 0.09964
Enterprise To Ebitda 9.468
Enterprise To Revenue 0.943
Enterprise Value 1,098,534,016
Eps Current Year 1.69867
Eps Forward 2.47514
Eps Trailing Twelve Months 0.16
Esg Populated 0
Ex Dividend Date 1,772,755,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 27.8472
Fifty Day Average Change 2.6427994
Fifty Day Average Change Percent 0.094903596
Fifty Two Week Change Percent 66.248634
Fifty Two Week High 30.5
Fifty Two Week High Change -0.010000229
Fifty Two Week High Change Percent -0.00032787636
Fifty Two Week Low 17.72
Fifty Two Week Low Change 12.77
Fifty Two Week Low Change Percent 0.72065467
Fifty Two Week Range 17.72 - 30.5
Financial Currency USD
First Trade Date Milliseconds 783,351,000,000
Float Shares 11,411,781
Forward Eps 2.47514
Forward P E 12.318495
Free Cashflow -66,872,752
Full Exchange Name NYSE
Full Time Employees 2,900
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.22007999
Gross Profits 256,279,008
Has Pre Post Market Data 1
Held Percent Insiders 0.26148
Held Percent Institutions 0.69829005
Implied Shares Outstanding 25,092,177
Industry Trucking
Industry Disp Trucking
Industry Key trucking
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,772,755,200
Last Dividend Value 0.07
Last Fiscal Year End 1,767,139,200
Last Split Date 1,735,776,000
Last Split Factor 2:1
Long Business Summary 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 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. The 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 May 2007. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.
Long Name Covenant Logistics Group, Inc.
Market us_market
Market Cap 765,060,416
Market State CLOSED
Max Age 86,400
Message Board Id finmb_336548
Most Recent Quarter 1,767,139,200
Net Income To Common 4,410,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 765,060,476
Number Of Analyst Opinions 3
Open 29.92
Operating Cashflow 113,648,000
Operating Margins -0.020569999
Overall Risk 6
Payout Ratio 1.75
Phone 423 821 1212
Post Market Change -0.11730003
Post Market Change Percent -0.38471642
Post Market Price 30.3727
Post Market Time 1,776,462,489
Previous Close 29.2
Price Eps Current Year 17.949337
Price Hint 2
Price To Book 1.8921434
Price To Sales Trailing12 Months 0.657002
Profit Margins 0.00622
Quick Ratio 0.801
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.5
Region US
Regular Market Change 1.29
Regular Market Change Percent 4.4178
Regular Market Day High 30.5
Regular Market Day Low 29.32
Regular Market Day Range 29.32 - 30.5
Regular Market Open 29.92
Regular Market Previous Close 29.2
Regular Market Price 30.49
Regular Market Time 1,776,456,003
Regular Market Volume 207,424
Return On Assets 0.01426
Return On Equity 0.01047
Revenue Growth 0.065
Revenue Per Share 45.402
Sand P52 Week Change 0.38150132
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Share Holder Rights Risk 9
Shares Outstanding 20,392,177
Shares Percent Shares Out 0.0226
Shares Short 566,960
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 564,748
Short Name Covenant Logistics Group, Inc.
Short Percent Of Float 0.0436
Short Ratio 4.14
Source Interval 15
State TN
Symbol CVLG
Target High Price 34.0
Target Low Price 30.0
Target Mean Price 31.66667
Target Median Price 31.0
Total Cash 4,946,000
Total Cash Per Share 0.197
Total Debt 338,697,984
Total Revenue 1,164,472,064
Tradeable 0
Trailing Annual Dividend Rate 0.28
Trailing Annual Dividend Yield 0.009589041
Trailing Eps 0.16
Trailing P E 190.5625
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 24.14095
Two Hundred Day Average Change 6.3490505
Two Hundred Day Average Change Percent 0.2629992
Type Disp Equity
Volume 207,424
Website https://www.covenantlogistics.com
Zip 37,419