CVLG
Covenant Logistics Group, Inc.
NYSEUSDEQUITY
Industrials
DELAYED
Neutral
+5/100
Last price
33.09
▼ 0.10 (0.30%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
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Tool
1D
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Range —
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vs
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Open
—
Prev close
33.19
Day high
33.23
Day low
32.24
Volume
146.36K
Market cap
$839.75M
P/E (TTM)
3,309.00
52W range
18.00 – 49.88
Trailing performance
Returnvs SPY
1W
+0.24%
-1.7%
1M
-5.59%
-6.7%
3M
-27.27%
-31.8%
6M
+19.59%
+1.4%
YTD
+50.14%
+35.9%
1Y
+52.98%
+36.6%
3Y
+50.92%
-31.3%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on CVLG open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+440.52K
Net buying
Buy transactions
21
505.06K shares
Sell transactions
6
64.54K shares
Net transactions
+27
Buys less sells
Sell : buy shares
0.1 : 1
Mixed
Insider-held shares
6.59M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jul 1, 26 | BUNN PAUL President |
— | 14.28K | — | Direct |
| Jul 1, 26 | GRANT JAMES S. III Chief Financial Officer |
— | 7.14K | — | Direct |
| Jul 1, 26 | BALLARD JOEY Officer |
— | 5.01K | — | Direct |
| Jul 1, 26 | KOEHL DUSTIN Chief Operating Officer |
— | 6.07K | — | Direct |
| Jun 1, 26 | BALLARD JOEY Officer |
SELL | 4.00K | $160.59K | Direct |
| May 28, 26 | GRANT JAMES S. III Chief Financial Officer |
CONVERSION | 35.79K | $282.24K | Direct |
| May 27, 26 | HOGAN JOEY B Director |
SELL | 12.80K | $501.55K | Direct |
| May 26, 26 | BALLARD JOEY Officer |
SELL | 8.00K | $301.45K | Direct |
| May 22, 26 | BUNN PAUL President |
CONVERSION | 64.20K | $506.19K | Direct |
| May 22, 26 | BUNN PAUL President |
CONVERSION | 64.20K | $557.69K | Direct |
| May 19, 26 | WELBORN WESLEY MILLER Director |
STOCK | 4.34K | $0 | Direct |
| May 13, 26 | KRAMER DAVID MICHAEL Director |
STOCK | 4.38K | $0 | Direct |
| May 13, 26 | SCHMIDT HERBERT J Director |
STOCK | 4.38K | $0 | Direct |
| May 13, 26 | MOLINE BRADLEY A Director |
STOCK | 4.38K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BUNN PAUL |
President | 253.14K | Conversion of Exercise of derivative security |
BUNN PAUL A |
President | 206.96K | Conversion of Exercise of derivative security |
CARSON BENJAMIN S SR |
Director | 32.17K | Stock Award(Grant) |
GRANT JAMES S. III |
Chief Financial Officer | 50.61K | Conversion of Exercise of derivative security |
HOGAN JOEY B |
Director | 100.01K | Sale |
MOLINE BRADLEY A |
Director | 99.30K | Stock Award(Grant) |
PARKER DAVID RAY |
Chief Executive Officer | — | Stock Gift |
PARKER-HATCHETT RACHEL |
Director | 322.40K | Stock Award(Grant) |
SCHMIDT HERBERT J |
Director | 32.99K | Stock Award(Grant) |
WELBORN WESLEY MILLER |
Director | 62.91K | Stock Gift |
Fundamentals
Market cap$839.75M
Enterprise value$1.16B
Revenue (TTM)$1.23B
Gross profit$249.64M
EBITDA$113.09M
Net income$962.00K
EPS (TTM)$0.01
Free cash flow$-44.78M
Total cash$2.62M
Total debt$324.43M
Book value / share$16.29
Shares outstanding20.68M
Float15.32M
Short % of float7.38%
Dividend yield0.85%
Beta (5Y)1.40
Valuation & profitability ratios
Trailing P/E3,309.00
Forward P/E12.08
PEG ratio—
Price / sales—
Price / book2.03
EV / revenue0.94
EV / EBITDA10.27
Gross margin20.26%
Operating margin2.84%
Profit margin0.31%
Return on equity0.23%
Return on assets1.15%
Debt / equity78.58
Current ratio1.14
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Operating revenue | $1.16B | $1.13B | $1.10B | $1.22B | +2.9% |
| Cost of revenue | $994.54M | $941.83M | $939.37M | $1.03B | +5.6% |
| Gross profit | $169.93M | $189.65M | $164.20M | $185.99M | -10.4% |
| Selling, general & admin | $135.69M | $131.31M | $104.56M | $93.69M | +3.3% |
| Total operating expense | $149.47M | $143.26M | $117.96M | $105.63M | +4.3% |
| Operating income | $20.47M | $46.39M | $46.24M | $80.36M | -55.9% |
| Net interest income | -$12.05M | -$13.58M | -$7.97M | -$3.08M | +11.2% |
| Pre-tax income | $5.59M | $45.90M | $72.24M | $142.79M | -87.8% |
| Tax provision | $1.18M | $10.58M | $17.61M | $34.86M | -88.8% |
| Net income | $7.24M | $35.92M | $55.23M | $108.68M | -79.8% |
| Net income to common | $7.24M | $35.92M | $55.23M | $108.68M | -79.8% |
| Basic EPS | 0.28 | 1.37 | 2.12 | 3.62 | -79.6% |
| Diluted EPS | 0.27 | 1.30 | 2.00 | 3.50 | -79.2% |
| EBIT | $17.65M | $59.47M | $80.21M | $145.88M | -70.3% |
| EBITDA | $110.37M | $146.00M | $150.15M | $203.39M | -24.4% |
| Basic shares | 25.65M | 26.31M | 26.10M | 30.01M | -2.5% |
| Diluted shares | 26.91M | 27.71M | 27.67M | 31.05M | -2.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $4.95M | $35.62M | $2.29M | $68.67M | -86.1% |
| Cash & short-term investments | $4.95M | $35.62M | $2.29M | $68.67M | -86.1% |
| Accounts receivable | $151.80M | $141.63M | $142.50M | $119.77M | +7.2% |
| Inventory | $6.34M | $5.65M | $4.85M | $3.52M | +12.3% |
| Total current assets | $232.82M | $213.85M | $185.94M | $222.66M | +8.9% |
| Property, plant & equipment | $512.68M | $524.81M | $514.65M | $407.74M | -2.3% |
| Goodwill & intangibles | $186.09M | $169.07M | $175.36M | $106.39M | +10.1% |
| Total assets | $1.05B | $997.57M | $954.44M | $796.64M | +4.8% |
| Total current liabilities | $209.98M | $181.28M | $170.29M | $156.12M | +15.8% |
| Current debt | $64.00M | $64.21M | $47.65M | $18.90M | -0.3% |
| Long-term debt | $234.05M | $187.09M | $196.89M | $90.37M | +25.1% |
| Total debt | $338.70M | $296.89M | $293.46M | $179.63M | +14.1% |
| Total liabilities | $641.55M | $559.23M | $551.02M | $419.52M | +14.7% |
| Retained earnings | $278.21M | $278.13M | $378.92M | $329.47M | +0.0% |
| Shareholder equity | $404.00M | $438.34M | $403.42M | $377.13M | -7.8% |
| Working capital | $22.84M | $32.57M | $15.65M | $66.53M | -29.9% |
| Net tangible assets | $217.91M | $269.27M | $228.06M | $270.74M | -19.1% |
| Shares issued | 26.56M | 26.47M | 36.95M | 36.95M | +0.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $7.24M | $35.92M | $55.23M | $108.68M | -79.8% |
| Depreciation & amortisation | $92.73M | $86.53M | $69.94M | $57.51M | +7.2% |
| Stock-based compensation | $3.57M | $3.69M | $7.10M | $6.59M | -3.3% |
| Change in working capital | $1.35M | $2.93M | -$39.46M | $23.49M | -53.9% |
| Operating cash flow | $113.65M | $122.89M | $84.84M | $159.23M | -7.5% |
| Capital expenditure | -$147.57M | -$152.96M | -$217.61M | -$100.47M | +3.5% |
| Share buybacks | -$36.57M | $0 | -$25.43M | -$84.72M | — |
| Dividends paid | -$7.16M | -$5.80M | -$5.78M | -$4.29M | -23.6% |
| Financing cash flow | -$4.26M | $18.11M | $84.71M | -$12.77M | -123.5% |
| Free cash flow | -$33.92M | -$30.07M | -$132.77M | $58.76M | -12.8% |
| End cash position | $4.95M | $35.62M | $2.29M | $68.67M | -86.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $332.87M | $307.16M | $295.37M | $296.89M | $302.85M | +8.4% |
| Operating revenue | $332.87M | $307.16M | $295.37M | $296.89M | $302.85M | +8.4% |
| Cost of revenue | $288.29M | $268.67M | $258.49M | $254.46M | $254.12M | +7.3% |
| Gross profit | $44.58M | $38.49M | $36.88M | $42.42M | $48.74M | +15.8% |
| Selling, general & admin | $32.41M | $28.88M | $40.22M | $31.68M | $33.45M | +12.2% |
| Total operating expense | $35.44M | $31.87M | $43.67M | $34.99M | $36.88M | +11.2% |
| Operating income | $9.14M | $6.62M | -$6.78M | $7.44M | $11.86M | +38.1% |
| Net interest income | -$2.98M | -$3.89M | -$3.26M | -$3.47M | -$2.47M | +23.3% |
| Pre-tax income | $11.13M | $6.08M | -$24.35M | $8.04M | $13.36M | +82.9% |
| Tax provision | $2.59M | $1.66M | -$6.09M | $1.77M | $3.52M | +55.7% |
| Net income | $8.54M | $4.42M | -$18.26M | $9.09M | $9.84M | +93.1% |
| Net income to common | $8.54M | $4.42M | -$18.26M | $9.09M | $9.84M | +93.1% |
| Basic EPS | 0.34 | 0.18 | -0.73 | 0.36 | 0.38 | +88.9% |
| Diluted EPS | 0.32 | 0.17 | -0.73 | 0.35 | 0.36 | +88.2% |
| EBIT | $14.11M | $9.97M | -$21.09M | $11.50M | $15.83M | +41.5% |
| EBITDA | $36.92M | $33.95M | $3.77M | $34.46M | $38.95M | +8.8% |
| Basic shares | 25.21M | 25.08M | 25.05M | 25.03M | 26.04M | +0.5% |
| Diluted shares | 26.59M | 26.43M | 26.22M | 26.30M | 27.23M | +0.6% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.62M | $11.24M | $4.95M | $2.69M | $143.00K | -76.7% |
| Cash & short-term investments | $2.62M | $11.24M | $4.95M | $2.69M | $143.00K | -76.7% |
| Accounts receivable | $166.38M | $155.72M | $151.80M | $150.36M | $152.36M | +6.8% |
| Inventory | $6.73M | $7.17M | $6.34M | $6.14M | $5.39M | -6.2% |
| Total current assets | $219.99M | $211.13M | $232.82M | $194.57M | $196.60M | +4.2% |
| Property, plant & equipment | $493.66M | $490.00M | $512.68M | $542.09M | $523.41M | +0.7% |
| Goodwill & intangibles | $180.21M | $183.05M | $186.09M | $172.50M | $175.15M | -1.6% |
| Total assets | $1.01B | $1.02B | $1.05B | $1.03B | $1.01B | -1.1% |
| Total current liabilities | $193.42M | $202.17M | $209.98M | $192.44M | $179.93M | -4.3% |
| Current debt | $64.33M | $52.15M | $64.00M | $63.72M | $52.88M | +23.4% |
| Long-term debt | $224.73M | $201.39M | $234.05M | $203.91M | $214.10M | +11.6% |
| Total debt | $324.43M | $291.75M | $338.70M | $309.11M | $310.54M | +11.2% |
| Total liabilities | $592.89M | $609.22M | $641.55M | $601.48M | $592.22M | -2.7% |
| Retained earnings | $287.64M | $280.87M | $278.21M | $298.22M | $290.88M | +2.4% |
| Shareholder equity | $412.87M | $407.61M | $404.00M | $423.72M | $416.87M | +1.3% |
| Working capital | $26.57M | $8.96M | $22.84M | $2.13M | $16.67M | +196.6% |
| Net tangible assets | $232.67M | $224.56M | $217.91M | $251.22M | $241.73M | +3.6% |
| Shares issued | 25.35M | 26.56M | 26.56M | 26.56M | 26.60M | -4.6% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $8.54M | $4.42M | -$18.26M | $9.09M | $9.84M | +93.1% |
| Depreciation & amortisation | $22.82M | $23.98M | $24.86M | $22.95M | $23.12M | -4.8% |
| Stock-based compensation | $228.00K | $934.00K | $574.00K | $1.06M | $920.00K | -75.6% |
| Change in working capital | -$37.55M | $2.08M | $5.02M | $4.04M | -$9.36M | -1,909.7% |
| Operating cash flow | -$10.85M | $28.96M | $25.55M | $41.36M | $21.91M | -137.5% |
| Capital expenditure | -$33.80M | -$11.37M | -$28.53M | -$49.18M | -$36.44M | -197.3% |
| Investing cash flow | -$25.01M | $24.23M | -$50.88M | -$35.66M | -$29.45M | -203.2% |
| Share buybacks | — | — | $7.00K | -$1.02M | — | — |
| Dividends paid | -$1.77M | -$1.76M | -$1.75M | -$1.75M | -$1.80M | -1.0% |
| Financing cash flow | $27.23M | -$46.89M | $27.59M | -$3.17M | -$3.56M | +158.1% |
| Free cash flow | -$44.65M | $17.59M | -$2.98M | -$7.82M | -$14.53M | -353.8% |
| End cash position | $2.62M | $11.24M | $4.95M | $2.69M | $143.00K | -76.7% |
Options analytics
Put / call volume
15.00
Put-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
30.00
-9.3% from spot
ATM implied vol
12.5%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
2
Contracts, this expiry
Put volume
30
Contracts, this expiry
Heaviest call OI
35.00
0 contracts
Heaviest put OI
30.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.43 | 0.42 | -1.2% |
| Mar 2026 | 0.24 | 0.26 | +7.8% |
| Dec 2025 | 0.33 | 0.31 | -7.0% |
| Sep 2025 | 0.44 | 0.44 | +1.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.46 | 5 | $337.50M | +13.7% |
| Next quarter | 0.53 | 4 | $337.87M | +14.4% |
| Current year | 1.67 | 5 | $1.31B | +12.5% |
| Next year | 2.74 | 5 | $1.42B | +8.4% |
Analyst targets & ownership
Mean target$50.50
High target$60.00
Low target$42.00
Implied upside52.61%
Analyst count4
ConsensusBUY
Strong buy / Buy1 / 3
Hold1
Sell / Strong sell0 / 0
Held by insiders25.97%
Held by institutions73.68%
Institutions holding261
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
33.09
-0.01% from price
SMA 20
33.99
-2.64% from price
SMA 50
34.83
-5.00% from price
SMA 100
39.05
-15.26% from price
SMA 200
33.40
-0.94% from price
EMA 12
33.39
-0.90% from price
EMA 26
34.13
-3.04% from price
EMA 50
35.44
-6.63% from price
RSI (14)
42.0
Neutral
MACD (12,26,9)
-0.74
Hist 0.07
ATR (14)
1.21
3.66% of price
Realised vol 30D
28.0%
Annualised
Bollinger upper
36.26
20, 2σ
Bollinger lower
31.72
20, 2σ
50 / 200 cross
Golden
34.83 vs 33.40
Trend bias
Below 200
-0.94%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.97
Less volatile than market
Correlation to SPY
0.31
Loosely linked
Realised vol 30D
28.0%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-35.2%
Peak to trough
Max drawdown 5Y
-47.7%
Peak to trough
ATR 14
1.21
3.66% of price
Beta (reported)
1.40
5Y monthly, from filing
Short interest
Shares short
1.28M
Prior 1.00M
Change vs prior
+27.9%
Shorts adding
% of float
7.38%
Normal
% of shares out
5.06%
Against total outstanding
Days to cover
5.9
Crowded exit
Float
15.32M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 5, 26 | TD Cowen | MAINTAINED | Buy | Buy |
| Aug 20, 26 | Baird | INITIATED | — | Outperform |
| Jul 31, 26 | Stephens & Co. | MAINTAINED | Overweight | Overweight |
| Jul 15, 26 | Citizens | INITIATED | — | Market Outperform |
| Jul 8, 26 | Stephens & Co. | INITIATED | — | Overweight |
| Jan 24, 25 | Stephens & Co. | MAINTAINED | Overweight | Overweight |
| Oct 25, 24 | TD Cowen | MAINTAINED | Buy | Buy |
| Jul 26, 24 | TD Cowen | MAINTAINED | Buy | Buy |
| Jan 25, 24 | TD Cowen | UPGRADE | Market Perform | Outperform |
| Jan 23, 24 | Vertical Research | INITIATED | — | Buy |
| Jul 28, 23 | Stephens & Co. | MAINTAINED | Overweight | Overweight |
| May 1, 23 | Stephens & Co. | MAINTAINED | — | Overweight |
Dividends & splits
Forward rate$0.28 / yr
Forward yield0.85%
5-year avg yield0.76%
Payout ratio2800.00%
Ex-dividend dateSep 4, 2026
Next pay dateSep 25, 2026
Last split2:1
Split dateJan 2, 2025
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-08-17
Periodic Financial Reports
10-Q · 2026-08-07
Corporate Changes & Voting Matters
8-K · 2026-07-29
Annual report of employee stock purchase
11-K · 2026-06-29
Corporate Changes & Voting Matters
8-K · 2026-06-23
Corporate Changes & Voting Matters
8-K · 2026-05-15
Periodic Financial Reports
10-Q · 2026-05-07
Corporate Changes & Voting Matters
8-K · 2026-04-23
Headlines
Covenant Logistics Group, Inc. Announces Timing of Third Quarter Earnings Release and Conference Call
GlobeNewswire · 5d ago
Diesel Hits Record High, Driver Pay Up 50%
FreightWaves · 8d ago
The Freight Market is Healthier Than You Think
FreightWaves · 8d ago
3 Stocks Under $50 We’re Skeptical Of
StockStory · 12d ago
3 Cash-Producing Stocks with Warning Signs
StockStory · 25d ago
3 Industrials Stocks That Fall Short
StockStory · 27d ago
Covenant Logistics Eyes Higher-Return Growth as Freight Markets Recover
MarketBeat · 39d ago
Implied Volatility Surging for Covenant Logistics Group Stock Options
Zacks · 48d ago
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