CVLGCVLGIndustrials · Trucking

CVLG Stock Forecast: Covenant Logistics Group, Inc. Price Predictions for 2026-2027

Last close, 30 Oct 2026
$31
+7.29% on the day

The 5 Wall Street analysts covering Covenant Logistics Group, Inc. hold a median 12-month price target of $50 — +61.7% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 24 of 100 as at 31 Oct 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$784.7M
Ticker Nerd rank
24/ 100
Median analyst target
$50
Analysts covering
5
Revenue$332.9M+9.9% y/y
Operating income$9.1M
Net income$8.5M
Free cash flow−$44.7M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+5.9%
1M
−4.3%
YTD
+41.1%
1Y
+57.6%
From 52W high
−37.9%
From 52W low
+72.7%
$18
$50
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

CVLG stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Covenant Logistics Group, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 31 Oct 2026
24/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Momentum
75
Volatility
68
Revisions
59
Size
47
Growth
42
Value
30
Quality
22
Accruals
13
Issuance
6

Momentum (75): The shares have been drifting up relative to others.

Issuance (6): The company has been issuing shares or taking on financing, diluting existing holders.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

CVLG stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on CVLG, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$20$30$40$50$60Jan 26Apr 26Jul 26Oct 26CVLGHigh $56Median $50Low $42

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says5 analysts
4 Buy1 Hold0 Sell
Low $42Median $50High $56

The green dot is the last close — the median target sits +61.7% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
5 Oct 2026TD CowenMaintainsBuy$43 → $42
20 Aug 2026BairdInitiatesOutperform$50
20 Aug 2026BairdInitiatesOutperform—
31 July 2026Stephens & Co.MaintainsOverweight—
31 July 2026Stephens & Co.MaintainsOverweight$60 → $54
15 July 2026CitizensInitiatesMarket Outperform$60
15 July 2026CitizensInitiatesMarket Outperform—
8 July 2026Stephens & Co.InitiatesOverweight$60
8 July 2026Stephens & Co.InitiatesOverweight—
24 Jan 2025Stephens & Co.ReiteratesOverweight—
25 Oct 2024TD CowenMaintainsBuy—
26 July 2024TD CowenMaintainsBuy—
25 Jan 2024TD CowenUpgradeOutperform—
23 Jan 2024Vertical ResearchInitiatesBuy—
28 July 2023Stephens & Co.MaintainsOverweight—
1 May 2023Stephens & Co.MaintainsOverweight—
10 Jan 2023Wolfe ResearchUpgradePeer Perform—
24 Oct 2022Stephens & Co.MaintainsEqual-Weight—
14 Apr 2022Cowen & Co.DowngradeMarket Perform—
5 Apr 2022Wolfe ResearchMaintainsUnderperform—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

CVLG appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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Performance

CVLG vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 30 Oct 2026, Covenant Logistics Group, Inc. returned +57.6% against +12.4% for the S&P 500, dividends included.

CVLG vs S&P 500, last 12 monthsTotal return, rebased to 100
100150200250Jan 26Apr 26Jul 26Oct 26CVLGS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

CVLG analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingThis fiscal year
EPS revision, 90 days
−8.0%
Analysts raising
0
Analysts cutting
3
Fundamentals

Covenant Logistics Group, Inc. (CVLG) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
3092.0×

Cheaper than 1% of US stocks

Price / sales
0.6×

Cheaper than 78% of US stocks

Price / book
1.9×

Cheaper than 45% of US stocks

EV / EBITDA
9.5×

Cheaper than 39% of US stocks

Growth & margins
Revenue growth (YoY)
19.2%

Higher than 68% of US stocks

Earnings growth (YoY)
17.7%

Higher than 57% of US stocks

Gross margin
13.4%

Higher than 13% of US stocks

Operating margin
3.3%

Higher than 51% of US stocks

Net margin
0.4%

Higher than 48% of US stocks

Returns & dividend
Return on equity
1.8%

Higher than 47% of US stocks

Return on assets
0.7%

Higher than 47% of US stocks

Dividend yield
0.9%

Higher than 70% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Covenant Logistics Group, Inc. (CVLG) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Covenant Logistics Group, Inc. has a market value of $784.7M and an enterprise value of $1.1B.

  • Revenue in the twelve months to 30 June 2026: $1.2B. The latest quarter grew 19.2% year on year.

  • Net income over the same four quarters: $3.8M, a 0.3% net margin.

  • Diluted earnings per share, trailing twelve months: $0.11.

  • Free cash flow in the twelve months to 30 June 2026: −$37.9M.

  • Covenant Logistics Group, Inc. spent $7.0M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 25.3M.

  • Trailing P/E: 3092.0×; forward P/E: 11.7× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.91%, paying out 2800% of earnings.

  • Covenant Logistics Group, Inc. employs 2,900 people — $425K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 31 Oct 2026

Data provided by Twelve Data

Peers

CVLG vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelTrucking
CompanyMarket capTKN rank
CVLGCovenant Logistics Group, Inc.$784.7M24
HTLDHeartland Express, Inc.$791.5M66
MRTNMarten Transport Ltd.$957.1M53
ULHUniversal Logistics Holdings, Inc.$594.8M52
WERNWerner Enterprises, Inc.$1.7B47
PAMTPAMT Corp.$243.2M37
ARCBArcBest Corp.$2.8B91

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Covenant Logistics Group, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest CVLG news & analysis

Covenant Logistics Group, Inc. (CVLG) Q3 2026 Earnings Call Transcript

Seeking Alpha · 30 Oct 2026neutral

Seeking Alpha published a transcript of Covenant Logistics Group’s Q3 2026 earnings call, held October 30, 2026, with company executives and research analysts participating.

Why it matters — The transcript provides CVLG watchers with the company’s quarterly call discussion and a record of management’s participation.

Covenant Logistics Group Q3 Earnings Call Highlights

MarketBeat · 30 Oct 2026positive

Covenant Logistics Group reported third-quarter freight revenue of $315.1 million, up 17.2% year over year. The company said the increase was driven primarily by brokerage assets acquired in the fourth quarter of 2025 and now operated as Star Logistics Solutions within its Managed Freight segment.

Why it matters — The update highlights the contribution of acquired brokerage assets to CVLG’s reported freight revenue growth.

Covenant Logistics Group Announces Third Quarter 2026 Financial and Operating Results

GlobeNewsWire · 29 Oct 2026neutral

Covenant Logistics Group announced its financial and operating results for the third quarter ended September 30, 2026. The company said it will hold a conference call to discuss the quarter at 10:00 a.m. Eastern Time on October 30, 2026.

Why it matters — CVLG watchers can review the company’s quarterly results and hear management discuss them on the scheduled call.

Covenant Logistics Group, Inc. Announces Timing of Third Quarter Earnings Release and Conference Call

GlobeNewsWire · 2 Oct 2026neutral

Covenant Logistics Group, Inc. announced it will release its third quarter earnings after 4:00 p.m. Eastern time on Thursday, October 29, 2026, and will hold a live conference call to discuss the results on Friday, October 30, 2026, at 10:00 a.m. Eastern time. Dial-in, audio replay, and investor website details were also provided.

Why it matters — This announcement informs CVLG watchers of the specific dates and logistics for the upcoming third quarter earnings release and conference call.

Covenant Logistics Eyes Higher-Return Growth as Freight Markets Recover

MarketBeat · 29 Aug 2026positive

Covenant Logistics Group CFO Tripp Grant presented the company's strategy centered on higher-return freight, diversified operations, and disciplined capital allocation during a presentation hosted by Three Part Advisors, as freight-market conditions improve.

Why it matters — The presentation outlines Covenant Logistics' strategic direction and priorities as freight markets recover, giving investors insight into the company's growth plans.

FAQ

Frequently asked questions about CVLG stock

What is the CVLG stock price forecast for 2026-2027?

The 5 Wall Street analysts covering Covenant Logistics Group, Inc. have a median 12-month price target of $50, with estimates ranging from $42 to $56. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is CVLG stock a buy right now?

Of the 5 analysts covering Covenant Logistics Group, Inc., 4 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Covenant Logistics Group, Inc. 24 out of 100 across roughly 4,600 US stocks as at 31 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CVLG?

As at 31 Oct 2026, Covenant Logistics Group, Inc. ranks 24 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Momentum (75 of 100).

Will CVLG stock go up?

No one can know that. What the data says: the median 12-month target from 5 analysts implies +61.7% from the last close, and Ticker Nerd's factor model ranks Covenant Logistics Group, Inc. 24 out of 100 as at 31 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the CVLG stock forecast for 2030?

No analyst covering Covenant Logistics Group, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CVLG are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $42 to $56 over the next 12 months.

How has CVLG stock performed over the past year?

Covenant Logistics Group, Inc. returned +57.6% over the 12 months to 30 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Covenant Logistics Group, Inc. do?

Covenant Logistics Group Inc. is a transportation and logistics company that provides truckload shipping and supply chain services across the United States and Canada.

What is the latest news on CVLG?

The most recent item we track (Seeking Alpha, 30 Oct 2026): "Covenant Logistics Group, Inc. (CVLG) Q3 2026 Earnings Call Transcript". Seeking Alpha published a transcript of Covenant Logistics Group’s Q3 2026 earnings call, held October 30, 2026, with company executives and research analysts participating.

Company

About Covenant Logistics Group, Inc.

Covenant Logistics Group Inc. is a transportation and logistics company that provides truckload shipping and supply chain services across the United States and Canada. Covenant Logistics Group Inc. serves customers through expedited freight, dedicated fleet operations, managed freight brokerage, and warehousing solutions, supporting shippers that need reliable delivery, capacity management, and outsourced logistics support. Its service mix includes temperature-controlled trucking, regional delivery, long-haul team driving, and asset-light transportation management, allowing it to address a wide range of freight needs for industries that depend on time-sensitive and consistent distribution. The company operates through subsidiaries that expand its reach across freight movement and warehouse operations, making it a diversified participant in the North American logistics market. Headquartered in Chattanooga, Tennessee, Covenant Logistics Group Inc. focuses on connecting freight capacity with customer supply chain requirements through both asset-based and brokerage-driven services.

CEO Mr. David Ray Parker · 2,900 employees · United States · https://www.covenantlogistics.com