Stock Fundamentals

Company Information

Company Name
Covenant Logistics Group, Inc.
Sector
Industrials
Industry
Trucking
Exchange
NYSE
ISIN: US22284P1057
CIK: 0000928658
CUSIP: 22284P105
Currency: USD
Full Time Employees: 2,900
Phone: 423 821 1212
Fiscal Year End: December
IPO Date: Oct 28, 1994
Description:

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.

Address:

400 Birmingham Highway, Chattanooga, TN, United States, 37419

Directors & Officers

Name Title Year Born
Mr. David Ray Parker Founder, CEO & Chairman 1958
Mr. M. Paul Bunn CPA President 1978
Mr. James S. Grant III Executive VP, CFO and Principal Financial & Accounting Officer 1979
Mr. Dustin Koehl Exceutive VP & COO 1984
Ms. Joey Ballard Executive VP and Chief People & Safety Officer 1975
Mr. Joey B. Hogan Executive VP & Director 1962
Mr. Eric Whitton Senior Vice President of Technology NA
Mr. Troy A. Robertson Senior VP & General Counsel 1974
Mr. Tyson Wimberly Senior Vice President of Sales NA
Mr. William J. Cartright Executive Vice President of Lew Thompson and Son Trucking 1979

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Feb 20, 2026 David Ray Parker N/A Sale 30.40K $29.18 $887.07K
Feb 19, 2026 David Ray Parker N/A Sale 55.00K $29.38 $1.62M
Feb 18, 2026 David Ray Parker N/A Sale 65.00K $29.34 $1.91M
Feb 17, 2026 David Ray Parker N/A Sale 100.00K $29.67 $2.97M
Feb 13, 2026 David Ray Parker N/A Sale 15.00K $28.46 $426.90K
Feb 12, 2026 David Ray Parker N/A Sale 20.00K $29.02 $580.40K
Feb 11, 2026 David Ray Parker N/A Sale 27.40K $29.34 $803.92K
Feb 10, 2026 David Ray Parker N/A Sale 70.00K $29.05 $2.03M
Feb 09, 2026 David Ray Parker N/A Sale 56.00K $28.66 $1.60M
May 21, 2025 D Michael Kramer N/A Sale 2.20K $22.80 $50.16K

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 1.98M Mar 31, 2026 7.88% $0.00 -4.81%
Dimensional Fund Advisors, Inc. 1.39M Mar 31, 2026 5.53% $0.01 -0.66%
T. Rowe Price Investment Management,Inc. 1.07M Mar 31, 2026 4.26% $0.02 6.87%
Vanguard Group Inc 870.38K Dec 31, 2025 3.47% $0.00 1.18%
American Century Companies Inc 682.01K Mar 31, 2026 2.72% $0.01 12.39%
Patton Albertson & Miller LLC 580.53K Mar 31, 2026 2.31% $1.87 0.00%
LSV Asset Management 456.20K Mar 31, 2026 1.82% $0.03 0.57%
State Street Corp 428.50K Mar 31, 2026 1.71% $0.00 3.80%
Geode Capital Management, LLC 362.88K Mar 31, 2026 1.45% $0.00 1.57%
Royce & Associates, LP 341.87K Mar 31, 2026 1.36% $0.09 7.89%
CSM Advisors, LLC 299.72K Mar 31, 2026 1.19% $0.20 -0.72%
Next Century Growth Investors LLC 294.87K Mar 31, 2026 1.18% $0.58 0.00%
Charles Schwab Investment Management Inc 291.67K Mar 31, 2026 1.16% $0.00 -2.62%
Algert Global LLC 274.50K Mar 31, 2026 1.09% $0.11 57.00%
Bridgeway Capital Management, LLC 261.36K Mar 31, 2026 1.04% $0.14 -2.29%
Arnhold & S. Bleichroeder Advisers, LLC 248.15K Mar 31, 2026 0.99% $0.01 0.00%
Millennium Management LLC 214.53K Mar 31, 2026 0.86% $0.00 33.10%
Franklin Resources Inc 184.86K Mar 31, 2026 0.74% $0.00 0.56%
Ranger Investment Management LP 172.71K Mar 31, 2026 0.69% $0.34 -0.35%
Bank of New York Mellon Corp 172.45K Mar 31, 2026 0.69% $0.00 -2.04%

Shares Statistics

Shares Outstanding: 20.47M
Shares Float: 15.17M
% Insiders: 2,607.90%
% Institutions: 7,280.00%
Short % Float: 4.32%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Avantis US Small Cap Value ETF 623.79K 2.49% ▲ 0.00% Apr 30, 2026
2 T. Rowe Price Small-Cap Value 529.08K 2.11% ▲ 7.43% Mar 31, 2026
3 Vanguard Total Stock Mkt Idx Inv 477.83K 1.90% ▲ 0.00% Apr 30, 2026
4 CS McKee Micro Cap Value 447.58K 1.78% ▲ 0.00% Apr 30, 2026
5 iShares Russell 2000 ETF 373.76K 1.49% ▲ 0.85% Apr 30, 2026
6 T. Rowe Price U.S. SC Value Eq Tr-D 344.39K 1.37% ▲ 21.31% Mar 31, 2026
7 Fifth Third Asst Mgt All Cap Val 334.78K 1.33% ▲ 0.00% Apr 30, 2026
8 DFA US Small Cap Value I 282.73K 1.13% ▲ 0.00% Mar 31, 2026
9 BlackRock Advantage Small Cap Core Instl 252.27K 1.01% ▲ 0.00% Apr 30, 2026
10 First Eagle Small Cap Opportunity I 239.09K 0.95% ▲ 10.67% Apr 30, 2026

Valuation Metrics

Enterprise Value: $1.31B
Trailing P/E: 465.67
Forward P/E: 25.71

Financial Highlights

Market Cap: $1.05B
EBITDA: $116.50M
P/E Ratio: $465.67
Book Value: $16.24
Dividend/Share: $0.28
Dividend Yield: 0.68%
Earnings/Share: $0.09
Profit Margin: 0.42%
Operating Margin: 2.26%
ROA (TTM): 1.35%
ROE (TTM): 0.53%
Revenue (TTM): $1.20B
Revenue/Share (TTM): $47.55
Earnings Growth (YOY): -29.20%
Revenue Growth (YOY): 14.00%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 1.11x 0.77x 0.63x 1.16x 2.66x
2024-12-31 1.18x 0.60x 0.56x 3.30x 1.80x
2023-12-31 1.09x 0.64x 0.58x 7.38x 1.71x
2022-12-31 1.43x 0.35x 0.53x 26.07x 0.96x
2021-12-31 1.32x 0.14x 0.46x 22.70x 0.42x
2020-12-31 1.11x 0.27x 0.57x -2.05x 1.43x
2019-12-31 1.58x 0.81x 0.60x 0.79x 3.22x
2018-12-31 1.66x 0.59x 0.56x 6.77x 1.50x
2017-12-31 2.00x 0.65x 0.55x 3.41x 1.91x
2016-12-31 1.54x 0.83x 0.62x 3.94x 1.89x
2015-12-31 1.37x 0.24x 0.69x 8.03x 0.37x
2014-12-31 1.51x 0.17x 0.69x 3.67x 0.33x
2013-12-31 1.13x 0.09x 0.79x 1.96x 0.13x
2012-12-31 0.84x 0.78x 0.76x 1.83x 1.01x
2011-12-31 0.72x 1.20x 0.80x -0.07x 1.97x
2010-12-31 0.75x 0.74x 0.77x 1.57x 0.96x
2009-12-31 0.85x 0.77x 0.76x -0.33x 2.27x
2008-12-31 1.16x 0.50x 0.70x -5.37x 8.00x
2007-12-31 1.24x 0.04x 0.61x -0.87x 0.16x
2006-12-31 1.30x 0.02x 0.60x 1.35x 0.08x
2005-12-31 1.13x 0.00x 0.49x 4.06x 0.00x
2004-12-31 1.14x 0.00x 0.46x 4.50x 0.00x
2003-12-31 1.09x 0.01x 0.46x N/A -0.01x
2002-12-31 0.78x 0.24x 0.51x N/A -0.23x
2001-12-31 0.89x 0.12x 0.54x N/A -0.06x
2000-12-31 1.18x 0.04x 0.57x N/A -0.02x
1999-12-31 3.08x 0.03x 0.57x N/A -0.02x
1998-12-31 3.35x 0.01x 0.48x N/A -0.06x
1997-12-31 2.84x 0.02x 0.56x N/A 0.02x
1996-12-31 4.94x 0.00x 0.56x N/A 0.00x
1995-12-31 1.51x 0.15x 0.44x N/A 0.22x
1994-12-31 1.51x 0.15x 0.44x N/A 0.30x

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