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Covenant Logistics Group Inc (NYSE: CVLG) closed the day trading at $22.84 down -0.13% from the previous closing price of $22.87. In other words, the price has decreased by -$0.13 from its previous closing price. On the day, 0.13 million shares were traded. CVLG stock price reached its highest trading level at $23.23 during the session, while it also had its lowest trading level at $22.84.
Ratios:
For a better understanding of CVLG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.49.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on April 25, 2025, Reiterated its Buy rating but revised its target price to $30 from $31 previously.
On January 25, 2024, TD Cowen Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $51 to $66.
On January 23, 2024, Vertical Research started tracking the stock assigning a Buy rating and target price of $70.Vertical Research initiated its Buy rating on January 23, 2024, with a $70 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 21 ’25 when KRAMER D MICHAEL sold 2,200 shares for $22.80 per share. The transaction valued at 50,163 led to the insider holds 24,736 shares of the business.
Long Matisse sold 2,114 shares of CVLG for $61,211 on Jan 28 ’25. The Chief Accounting Officer now owns 15,434 shares after completing the transaction at $28.95 per share. On Nov 12 ’24, another insider, HOGAN JOEY B, who serves as the Director of the company, sold 8,700 shares for $60.83 each. As a result, the insider received 529,204 and left with 82,238 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CVLG now has a Market Capitalization of 606536768 and an Enterprise Value of 873469248. As of this moment, Covenant’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.48, and their Forward P/E ratio for the next fiscal year is 9.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 1.37. Its current Enterprise Value per Revenue stands at 0.778 whereas that against EBITDA is 5.998.
Stock Price History:
The Beta on a monthly basis for CVLG is 1.45, which has changed by -0.039529026 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, CVLG has reached a high of $30.77, while it has fallen to a 52-week low of $17.46. The 50-Day Moving Average of the stock is 6.51%, while the 200-Day Moving Average is calculated to be -9.21%.
Shares Statistics:
Over the past 3-months, CVLG traded about 146.67K shares per day on average, while over the past 10 days, CVLG traded about 153290 shares per day. A total of 21.86M shares are outstanding, with a floating share count of 15.94M. Insiders hold about 39.98% of the company’s shares, while institutions hold 54.29% stake in the company. Shares short for CVLG as of 1748563200 were 263725 with a Short Ratio of 1.80, compared to 1745971200 on 124954. Therefore, it implies a Short% of Shares Outstanding of 263725 and a Short% of Float of 1.82.
Dividends & Splits
CVLG’s forward annual dividend rate is 0.25, up from 0.235 a year ago. Against a Trailing Annual Dividend Yield of 0.01027547The current Payout Ratio is 16.97% for CVLG, which recently paid a dividend on 2025-06-06 with an ex-dividend date of 1749168000. Stock splits for the company last occurred on 2025-01-02 when the company split stock in a 2:1 ratio.
Earnings Estimates
Investors are keenly observing as 3.0 analysts analyze and rate the current performance of Covenant Logistics Group Inc (CVLG) in the stock market.The consensus estimate for the next quarter is $0.47, with high estimates of $0.49 and low estimates of $0.45.
Analysts are recommending an EPS of between $1.77 and $1.75 for the fiscal current year, implying an average EPS of $1.75. EPS for the following year is $2.38, with 4.0 analysts recommending between $2.42 and $2.3.
Revenue Estimates
2 analysts predict $285.33M in revenue for the current quarter. It ranges from a high estimate of $287.2M to a low estimate of $283.46M. As of the current estimate, Covenant Logistics Group Inc’s year-ago sales were $287.5MFor the next quarter, 2 analysts are estimating revenue of $288.45M. There is a high estimate of $294.8M for the next quarter, whereas the lowest estimate is $282.09M.
A total of 3 analysts have provided revenue estimates for CVLG’s current fiscal year. The highest revenue estimate was $1.14B, while the lowest revenue estimate was $1.12B, resulting in an average revenue estimate of $1.13B. In the same quarter a year ago, actual revenue was $1.13BBased on 3 analysts’ estimates, the company’s revenue will be $1.2B in the next fiscal year. The high estimate is $1.22B and the low estimate is $1.18B.
