Covenant Logistics Group, Inc. (NYSE:CVLG) Stock Has Consensus Target Price of $51.80 According to Brokerages

Posted by George Bondi on Oct 1st, 2026

Shares of Covenant Logistics Group, Inc. (NYSE:CVLG – Get Free Report) have received an average rating of “Moderate Buy” from the seven ratings firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $51.80.

A number of analysts recently commented on CVLG shares. Weiss Ratings lowered Covenant Logistics Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, September 11th. Citigroup started coverage on shares of Covenant Logistics Group in a research note on Wednesday, July 15th. They issued an “outperform” rating on the stock. Citizens Jmp started coverage on shares of Covenant Logistics Group in a research report on Wednesday, July 15th. They set a “market outperform” rating and a $60.00 price target for the company. National Bank Financial set a $60.00 price target on shares of Covenant Logistics Group in a research note on Wednesday, July 15th. Finally, Robert W. Baird set a $50.00 price target on shares of Covenant Logistics Group and gave the stock an “outperform” rating in a research note on Wednesday, August 19th.

Check Out Our Latest Research Report on Covenant Logistics Group

Covenant Logistics Group Stock Performance

CVLG stock opened at $32.18 on Monday. The stock has a market capitalization of $816.66 million, a PE ratio of 292.57 and a beta of 1.29. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.14 and a quick ratio of 1.10. The company has a 50 day moving average price of $35.65 and a 200 day moving average price of $36.36. Covenant Logistics Group has a fifty-two week low of $18.00 and a fifty-two week high of $49.88.

Covenant Logistics Group (NYSE:CVLG – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.42 earnings per share for the quarter. The company had revenue of $332.87 million during the quarter. Covenant Logistics Group had a return on equity of 9.14% and a net margin of 0.31%. Analysts forecast that Covenant Logistics Group will post 1.6 EPS for the current year.

Institutional Trading of Covenant Logistics Group

Several institutional investors and hedge funds have recently made changes to their positions in CVLG. MCF Advisors LLC grew its holdings in shares of Covenant Logistics Group by 96.4% in the second quarter. MCF Advisors LLC now owns 754 shares of the company’s stock valued at $33,000 after acquiring an additional 370 shares in the last quarter. Corient Private Wealth LLC increased its position in shares of Covenant Logistics Group by 1.1% during the fourth quarter. Corient Private Wealth LLC now owns 41,740 shares of the company’s stock valued at $920,000 after acquiring an additional 446 shares during the last quarter. DGS Capital Management LLC lifted its holdings in Covenant Logistics Group by 8.1% during the first quarter. DGS Capital Management LLC now owns 14,613 shares of the company’s stock worth $397,000 after acquiring an additional 1,092 shares during the period. 1492 Capital Management LLC bought a new stake in Covenant Logistics Group during the first quarter worth $241,000. Finally, Janus Henderson Group PLC purchased a new position in Covenant Logistics Group in the first quarter worth $245,000. Institutional investors own 83.72% of the company’s stock.

Covenant Logistics Group Company Profile

(Get Free Report)

Covenant Logistics Group, Inc is a transportation and logistics company headquartered in Chattanooga, Tennessee. The company provides freight transportation, supply chain management and related services primarily throughout the United States, serving manufacturers, retailers, distributors and other commercial customers.

Its operations include dedicated and expedited truckload transportation, refrigerated and dry-van freight services, freight brokerage, warehousing and distribution, and transportation management.