Date | Price Target | Rating | Analyst |
---|---|---|---|
1/25/2024 | $51.00 → $66.00 | Market Perform → Outperform | TD Cowen |
1/23/2024 | $70.00 | Buy | Vertical Research |
1/10/2023 | Underperform → Peer Perform | Wolfe Research | |
4/14/2022 | $40.00 → $21.00 | Outperform → Market Perform | Cowen |
4/1/2022 | $30.00 → $25.00 | Overweight → Equal-Weight | Stephens |
1/6/2022 | $23.00 | Peer Perform → Underperform | Wolfe Research |
TD Cowen upgraded Covenant Logistics from Market Perform to Outperform and set a new price target of $66.00 from $51.00 previously
Vertical Research initiated coverage of Covenant Logistics with a rating of Buy and set a new price target of $70.00
Wolfe Research upgraded Covenant Logistics from Underperform to Peer Perform
Covenant Logistics Gr (NASDAQ:CVLG) reported quarterly earnings of $1.04 per share which beat the analyst consensus estimate of $0.98 by 6.12 percent. This is a 2.8 percent decrease over earnings of $1.07 per share from the same period last year. The company reported quarterly sales of $287.50 million which missed the analyst consensus estimate of $292.63 million by 1.75 percent. This is a 4.92 percent increase over sales of $274.02 million the same period last year.
Covenant Logistics Group, Inc. (NASDAQ:CVLG) ("Covenant" or the "Company") today announced Dustin Koehl has been appointed as the Company's Chief Operating Officer, effective May 13, 2024. Mr. Koehl has over 17 years of transportation experience, including senior leadership positions in operations and sales. Chairman and Chief Executive Officer, David R. Parker, commented: "We are blessed to have Dustin join our leadership team. I believe Dustin's operational and sales experience, including his 12 year tenure at Total Transportation of Mississippi, will strengthen our leadership team. I look forward to Dustin and the rest of the leadership team driving forward our strategic initiatives, incl
Covenant Logistics Gr (NASDAQ:CVLG) reported quarterly earnings of $0.84 per share which beat the analyst consensus estimate of $0.78 by 7.69 percent. This is a 9.68 percent decrease over earnings of $0.93 per share from the same period last year. The company reported quarterly sales of $278.76 million which beat the analyst consensus estimate of $273.30 million by 2.00 percent. This is a 4.46 percent increase over sales of $266.85 million the same period last year.
8-K - COVENANT LOGISTICS GROUP, INC. (0000928658) (Filer)
25 - COVENANT LOGISTICS GROUP, INC. (0000928658) (Filer)
10-Q - COVENANT LOGISTICS GROUP, INC. (0000928658) (Filer)
CHATTANOOGA, Tenn., April 29, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ:CVLG) ("Covenant" or the "Company") today announced Dustin Koehl has been appointed as the Company's Chief Operating Officer, effective May 13, 2024. Mr. Koehl has over 17 years of transportation experience, including senior leadership positions in operations and sales. Chairman and Chief Executive Officer, David R. Parker, commented: "We are blessed to have Dustin join our leadership team. I believe Dustin's operational and sales experience, including his 12 year tenure at Total Transportation of Mississippi, will strengthen our leadership team. I look forward to Dustin and the rest of the leade
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SC 13G/A - COVENANT LOGISTICS GROUP, INC. (0000928658) (Subject)
4 - COVENANT LOGISTICS GROUP, INC. (0000928658) (Issuer)
4 - COVENANT LOGISTICS GROUP, INC. (0000928658) (Issuer)
4 - COVENANT LOGISTICS GROUP, INC. (0000928658) (Issuer)
CHATTANOOGA, Tenn., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Food Logistics, the only publication dedicated to covering the global cold food supply chain, and Supply & Demand Chain Executive, which covers the entire global supply chain, named Abby Hamm as a winner of the 2024 Women in Supply Chain Award. This award honors female supply chain leaders whose accomplishments, mentorship, and leadership set a foundation for women at all levels of the supply chain. "These women are doing remarkable things for their communities, organizations, and teams, paving the way for future female leaders in an industry that's making a difference," says Marina Mayer, Editor-in-Chief of Food Logistics and Supply
CHATTANOOGA, Tenn., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on September 6, 2024, and is expected to be paid on September 27, 2024. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarte
CHATTANOOGA, Tenn., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. is proud to announce its recognition as a winner at the 41st Annual Quest for Quality Awards, the gold standard for customer satisfaction and performance excellence for carriers, ports, and logistics providers worldwide. Logistics Management's (LM) Annual Quest for Quality Awards are the culmination of a six-month research project conducted by Peerless Research Group (PRG). For four decades, LM's Quest for Quality Awards have been regarded in the transportation and logistics industry as the most important measure of customer satisfaction and performance excellence. Covenant's consistent dedication to serv
CHATTANOOGA, Tenn., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on September 6, 2024, and is expected to be paid on September 27, 2024. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarte
CHATTANOOGA, Tenn., July 24, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) ("Covenant" or the "Company") announced today financial and operating results for the second quarter ended June 30, 2024. The Company's conference call to discuss the quarter will be held at 10:00 A.M. Eastern Time on Thursday, July 25, 2024. Chairman and Chief Executive Officer, David R. Parker, commented: "We are pleased to report second quarter earnings of $0.88 per diluted share and non-GAAP adjusted earnings of $1.04 per diluted share. "Highlights of our second quarter's results include year over year freight revenue growth of 5.3% and adjusted operating income growth of 15.0%, fur
CHATTANOOGA, Tenn., July 01, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ:CVLG) announced its plans to release its second quarter earnings after 4:00 p.m. Eastern time on Wednesday, July 24, 2024. Covenant Logistics Group, Inc. will hold a live conference call to discuss its second quarter earnings release on Thursday, July 25, 2024, at 10:00 a.m. Eastern time. Individuals with questions may dial in at 877-550-1505 (U.S./Canada) and 0800-524-4760 (International). An audio replay will be available for one week following the call at 800-645-7964, access code 3895#. In addition, you will be able to listen to the audio replay for an extended period of time on our investor we