Missedย NVDA?
Donโt Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ for free.
Home โบ Stocks โบ Covenant Logistics Group Inc. (CVLG) Stock Forecast & Price Prediction United States | NYSE | Industrials | Trucking
$45.45
-0.87 (-1.88%)Did CVLG Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Covenant Logistics is one of their latest high-conviction picks.
Based on our analysis of 2 Wall Street analysts, CVLG has a neutral consensus with a median price target of $35.00 (ranging from $35.00 to $35.00). The overall analyst rating is Strong Buy (8.0/10). Currently trading at $45.45, the median forecast implies a -23.0% downside. This outlook is supported by 1 Buy, 1 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for CVLG.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jan 24, 2025 | Stephens & Co. | Daniel Imbro | Overweight | Reiterates | $36.00 |
| Oct 25, 2024 | TD Cowen | Buy | Maintains | $N/A | |
| Jul 26, 2024 | TD Cowen | Buy | Maintains | $N/A | |
| Jan 25, 2024 | TD Cowen | Outperform | Upgrade | $N/A | |
| Jan 23, 2024 | Vertical Research | Buy | Initiates | $N/A | |
| Jul 28, 2023 | Stephens & Co. | Overweight | Maintains | $N/A | |
| May 1, 2023 | Stephens & Co. | Overweight | Maintains | $N/A | |
| Jan 10, 2023 | Wolfe Research | Peer Perform | Upgrade | $N/A | |
| Oct 24, 2022 | Stephens & Co. | Equal-Weight | Maintains | $N/A | |
| Apr 14, 2022 | Cowen & Co. | Market Perform | Downgrade | $N/A | |
| Apr 5, 2022 | Wolfe Research | Underperform | Maintains | $N/A | |
| Jan 6, 2022 | Wolfe Research | Underperform | Downgrade | $N/A | |
| May 22, 2020 | Stephens & Co. | Overweight | Upgrade | $N/A | |
| May 21, 2020 | Stifel | Buy | Upgrade | $N/A | |
| Oct 30, 2019 | Stifel Nicolaus | Hold | Downgrade | $N/A | |
| May 22, 2019 | Cowen & Co. | Outperform | Upgrade | $N/A | |
| May 1, 2019 | Stephens & Co. | Equal-Weight | Downgrade | $N/A | |
| Jun 6, 2018 | Stifel Nicolaus | Buy | Maintains | $N/A | |
| Apr 26, 2018 | Stifel Nicolaus | Buy | Upgrade | $N/A | |
| Mar 15, 2018 | Seaport Global | Buy | Upgrade | $N/A |
The following stocks are similar to Covenant Logistics based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Covenant Logistics Group Inc. has a market capitalization of $1.14B with a P/E ratio of 505.0x. The company generates $1.20B in trailing twelve-month revenue with a 0.4% profit margin.
Revenue growth is +14.0% quarter-over-quarter, while maintaining an operating margin of +2.3% and return on equity of +0.5%.
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ tracked and updated every Monday and Thursday.
Provides transportation and logistics services in North America.
The company operates primarily in the truckload freight market, generating revenue through expedited, dedicated, warehousing, and brokerage services. By offering customized logistics solutions and connecting shippers with third-party carriers, Covenant Logistics enhances supply chain efficiency for various industries.
Headquartered in Chattanooga, Tennessee, Covenant Logistics focuses on technology integration to improve shipment visibility and efficiency, which strengthens its market position and supports the economic vitality of the regions it serves.
Industrials
Trucking
2,900
Mr. David Ray Parker
United States
2020
Covenant Logistics Group published its 2025 CSR Report, highlighting efforts in environmental responsibility, freight decarbonization, and partnerships for sustainable innovation and community support.
Covenant Logistics' CSR report highlights its focus on sustainability and partnerships, signaling potential long-term growth and risk mitigation, which can enhance investor confidence and attract ESG-focused capital.
Covenant Logistics Group (NYSE: CVLG) declared a quarterly cash dividend of $0.07 per share, payable on June 26, 2026, to shareholders of record on June 5, 2026.
Covenant Logistics Group's declaration of a quarterly dividend indicates financial stability and commitment to returning value to shareholders, potentially attracting more investors.
Covenant Logistics Group, Inc. (CVLG) held its Q1 2026 earnings call, discussing financial performance and business updates. Further details will be available in the transcript.
Covenant Logistics' Q1 2026 earnings reveal financial performance and growth prospects, impacting stock valuation, investor sentiment, and potential market movements.
Covenant Logistics' Q1 2026 results showed no financial improvement, with pressured margins in Expedited and cautious management reducing net debt while selling trucks.
Covenant Logistics' weak Q1 2026 results and cautious management indicate ongoing challenges in profitability, impacting investor confidence amidst a recovering industry.
Covenant Logistics Group, Inc. (NYSE: CVLG) reported its financial and operating results for Q1 2026, ending March 31. Further details on performance were disclosed in the announcement.
Covenant Logistics' Q1 2026 results can impact stock performance and investor sentiment, affecting share prices and future growth expectations.
Covenant Logistics Group, Inc. (NYSE: CVLG) will release Q1 earnings on April 23, 2026, at 4:00 p.m. ET, with a conference call on April 24 at 10:00 a.m. ET. Audio replay available afterward.
Covenant Logistics' upcoming earnings release may impact stock prices based on performance results, guidance, and investor sentiment during the conference call.
Based on our analysis of 2 Wall Street analysts, Covenant Logistics Group Inc. (CVLG) has a median price target of $35.00. The highest price target is $35.00 and the lowest is $35.00.
According to current analyst ratings, CVLG has 1 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $45.45. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict CVLG stock could reach $35.00 in the next 12 months. This represents a -23.0% decrease from the current price of $45.45. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company operates primarily in the truckload freight market, generating revenue through expedited, dedicated, warehousing, and brokerage services. By offering customized logistics solutions and connecting shippers with third-party carriers, Covenant Logistics enhances supply chain efficiency for various industries.
The highest price target for CVLG is $35.00 from at , which represents a -23.0% decrease from the current price of $45.45.
The lowest price target for CVLG is $35.00 from at , which represents a -23.0% decrease from the current price of $45.45.
The overall analyst consensus for CVLG is neutral. Out of 2 Wall Street analysts, 1 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $35.00.
Stock price projections, including those for Covenant Logistics Group Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.