Covenant LogisticsCVLG
About: Covenant Logistics Group Inc together with its wholly-owned subsidiaries offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight and Warehousing. Expedited segment provides truckload services to customers with high service freight and delivery standards. Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length. Managed Freight segment includes brokerage services and TMS. Warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. Majority of revenue is generated from expedited segment.
Employees: 4,800
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
302% more call options, than puts
Call options by funds: $458K | Put options by funds: $114K
28% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 47
8% more capital invested
Capital invested by funds: $360M [Q3] → $390M (+$29.6M) [Q4]
4.17% more ownership
Funds ownership: 63.26% [Q3] → 67.42% (+4.17%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
6% less funds holding
Funds holding: 161 [Q3] → 152 (-9) [Q4]
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Stephens & Co. Daniel Imbro 3% 1-year accuracy 1 / 31 met price target | 91%upside $36 | Overweight Reiterated | 24 Jan 2025 |
Financial journalist opinion









