Covenant Logistics (CVLG) president exercises RSUs with tax withholding, updates direct and indirect holdings
Covenant Logistics (CVLG) President Paul Bunn exercised 14,280 Restricted Stock Units (RSUs) and had 6,332 shares withheld for tax obligations, a routine equity compensation event. Following these transactions, Bunn directly holds 202,817 Class A shares and indirectly holds 41,266 shares via a 401(k) and 5,030 shares through his spouse. This Form 4 filing reflects typical executive compensation vesting rather than open-market trading.
Covenant Logistics (NASDAQ: CVLG) EVP exercises RSUs, withholds shares for taxes
Covenant Logistics Group's EVP, Joey Ballard, exercised Restricted Stock Units (RSUs) on July 1, 2026, converting them into 5,006 shares of Class A common stock. To cover tax obligations, 1,970 shares were withheld at $44.83 per share, categorized as tax-withholding dispositions rather than market sales. Following these transactions, Ballard directly holds 16,185 shares of Class A common stock.
Covenant Logistics (CVLG) CFO vests RSUs and covers tax with shares
Covenant Logistics' (CVLG) EVP and CFO, Grant James S III, exercised 7,139 restricted stock units (RSUs) on July 1, 2026, converting them into Class A common stock. To cover tax obligations, 2,810 shares were withheld by the company at $44.83 per share, rather than being sold on the open market. This transaction increased his direct stock ownership while using share withholding for tax purposes.
Covenant Logistics (NASDAQ: CVLG) COO vests RSUs, 1,480 shares withheld
Covenant Logistics Group EVP and COO Dustin Koehl exercised 6,073 previously granted Restricted Stock Units (RSUs) on July 1, 2026. In connection with this vesting, 1,480 shares were withheld at $44.83 per share to cover tax obligations, with the remaining shares added to his direct holdings. These transactions relate to equity-based compensation and are not open-market buys or sells.
Covenant Logistics Group, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call
Covenant Logistics Group, Inc. (NYSE: CVLG) announced it will release its second-quarter earnings after 4:00 p.m. Eastern time on Wednesday, July 29, 2026. The company will also hold a live conference call to discuss these earnings on Thursday, July 30, 2026, at 10:00 a.m. Eastern time, with replay options available. Investors can find additional financial and statistical information on the company's website.
Covenant Logistics schedules Q2 results for July 29, call July 30
Covenant Logistics Group (NYSE: CVLG) announced it will release its Q2 2026 earnings after 4:00 p.m. ET on Wednesday, July 29, 2026. A live conference call to discuss these results is scheduled for 10:00 a.m. ET on Thursday, July 30, 2026. Investors can access dial-in information, audio replays, and supplemental financial data on the company's investor relations website.
Covenant Logistics Group, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call
Covenant Logistics Group, Inc. (NYSE: CVLG) announced it will release its second quarter earnings after 4:00 p.m. Eastern time on Wednesday, July 29, 2026. The company will also host a live conference call to discuss these earnings on Thursday, July 30, 2026, at 10:00 a.m. Eastern time. Financial and statistical information will be available on their investor website.
Covenant Logistics Group (CVLG) Rallies Put Valuation Back In Focus
Covenant Logistics Group (CVLG) has seen significant share price rallies, with double-digit returns over recent months, bringing its valuation into focus. While the stock's current price-to-sales (P/S) ratio of 0.9x suggests it's slightly overvalued compared to its estimated fair P/S of 0.8x, it remains cheaper than the broader US Transportation industry average. However, a discounted cash flow (DCF) model indicates the stock at $45.01 is well above its estimated future cash flow value, suggesting it is overvalued.
CV5 Forecast — Price Target — Prediction for 2027
This article provides a forecast for Covenant Logistics Group, Inc. Class A (CV5) stock, with analysts placing its future price between 29.86 EUR. It covers key financial metrics including past earnings, revenue, net income, dividends, and EBITDA, and indicates that the company plans to release its next earnings report on July 29, 2026. The article also provides information on the stock's historical performance and various ways to track its financials.
Covenant Logistics Group, Inc. Class A Actuals & Estimates (NYSE:CVLG)
This article provides an overview of Covenant Logistics Group, Inc. (NYSE: CVLG) financials, stock performance, and analyst estimates. Key figures include current stock price, market capitalization, historical highs and lows, and upcoming earnings report details. It also touches on dividend information and employee numbers.
Covenant Logistics Group, Inc. Class A Actuals & Estimates (LS:893229)
This article provides an overview of Covenant Logistics Group, Inc. Class A (LS:893229) stock, including historical data, analyst forecasts, and various financial metrics. It covers the current price, market capitalization, earnings, revenue, dividends, and volatility, as well as upcoming earnings report dates. The article emphasizes that the information is not investment advice and encourages readers to conduct their own research.
Covenant Logistics (NASDAQ: CVLG) boosts revolver to $130M and extends maturity
Covenant Logistics Group, Inc. (NASDAQ: CVLG) has amended its primary credit facility, increasing its maximum revolving credit amount to $130 million and extending the maturity date to June 17, 2031. The amendment also adds acquired subsidiaries as borrowers and provides greater flexibility for the company to incur unsecured debt. This news was disclosed in an 8-K filing, indicating a moderate impact and neutral sentiment.
Covenant Logistics amends credit agreement, increases revolver to $130 million By Investing.com
Covenant Logistics Group, Inc. has amended its credit agreement, increasing its maximum revolving credit facility to $130 million and extending the maturity date to June 17, 2031. This amendment, made with Bank of America and JPMorgan Chase, also provides more flexibility for the company to incur unsecured debt and comes as CVLG's stock has surged 96% year-to-date. In related news, the company reported strong Q1 2026 earnings, meeting EPS expectations and exceeding revenue forecasts, leading TD Cowen to raise its price target.
Covenant Logistics Group (CVLG) Stock Valuation Check After Strong Recent Price Momentum
Covenant Logistics Group (CVLG) has seen strong recent price momentum, with shares up significantly over the past week, month, and year. While the stock trades at a Price-to-Sales (P/S) ratio of 1x, which is below the industry average, Simply Wall St's analysis suggests it's slightly overvalued compared to its estimated fair P/S of 0.8x. Furthermore, a Discounted Cash Flow (DCF) model indicates the stock is heavily overvalued, prompting investors to consider these conflicting signals.
Covenant Logistics Releases 2025 Corporate Social Responsibility Report
Covenant Logistics Group has published its 2025 Corporate Social Responsibility (CSR) Report, detailing its commitment to sustainability through freight decarbonization, supplier sustainability, and strategic partnerships. The report highlights significant environmental progress, including the use of renewable diesel and biodiesel, aerodynamic efficiency improvements, and ambitious long-term sustainability goals for its fleet. The company also received multiple sustainability distinctions in 2025 for its efforts in environmental, labor, ethical, and procurement areas.
Assessing Covenant Logistics Group (CVLG) Valuation After Strong Recent Share Price Performance
Covenant Logistics Group (CVLG) has seen strong recent share price performance, but its valuation is being questioned. While its current Price-to-Sales (P/S) ratio of 0.9x appears cheaper than peers, Simply Wall St's analysis suggests it's overvalued, trading above an estimated fair P/S of 0.8x and a Discounted Cash Flow (DCF) value of $5.49. Investors are advised to look closer at these mixed signals and consider other investment opportunities.
Covenant Logistics Releases 2025 Corporate Social Responsibility Report
Covenant Logistics Group, Inc. has released its 2025 Corporate Social Responsibility (CSR) Report, highlighting its commitment to environmental sustainability, innovation, and community involvement. The report details progress in freight decarbonization, use of renewable fuels, and strategic partnerships, alongside ambitious long-term sustainability goals including fuel economy improvements and carbon neutrality. Covenant also received several sustainability distinctions in 2025, reaffirming its dedication to a more sustainable logistics future.
ABM Industries, G-III Apparel And 3 Stocks To Watch Heading Into Friday
This article highlights several stocks to watch on Friday, June 5th, focusing on companies reporting earnings and recent market movers. ABM Industries and G-III Apparel Group are set to announce quarterly results, with analysts anticipating specific EPS and revenue figures. Additionally, StealthGas Inc. will report its financials, while Covenant Logistics Group released its CSR report and Merlin Inc. saw a significant stock surge after a successful design review for its C-130J autonomy program.
Covenant Logistics stock hits 52-week high at $41.22
Covenant Logistics Group Inc. stock has reached a new 52-week high of $41.22, following a significant 76.71% increase over the past year. Despite a high P/E ratio suggesting potential overvaluation, the company recently reported strong first-quarter 2026 earnings, exceeding revenue forecasts, and declared a quarterly dividend. TD Cowen also raised its price target for the company, citing improvements in the truck market.
Covenant Logistics Group EVP Joey Ballard sells $160,586 in stock By Investing.com
Covenant Logistics Group EVP Joey Ballard sold 4,000 shares of the company's Class A common stock for $160,586 on June 1, 2026, pursuant to a pre-arranged trading plan. Following the sale, Ballard directly holds 13,149 shares. This news follows the company's strong Q1 2026 earnings beat and a raised price target from TD Cowen.
Covenant Logistics Group EVP Joey Ballard sells $160,586 in stock
Covenant Logistics Group's EVP, Chief People & Safety Officer, Joey Ballard, sold 4,000 shares of the company's Class A Common Stock for a total of $160,586. This transaction was conducted as per a Rule 10b5-1 trading plan. The company recently reported strong Q1 2026 earnings, surpassing revenue expectations, and declared a quarterly cash dividend, with TD Cowen also raising its price target, signaling positive momentum for Covenant Logistics Group.
Covenant Logistics (CVLG) CFO exercises 35,794 options, 10,430 shares for taxes
Covenant Logistics Group's EVP and CFO, James S. Grant III, exercised 35,794 employee stock options at $7.885 per share on May 28, 2026. Simultaneously, 10,430 shares were disposed of at $39.55 per share to cover tax obligations. Following these transactions, Grant directly owns 46,279 shares of Class A Common Stock.
Covenant Logistics (CVLG) EVP Joey Ballard sells 4,000 shares
Joey Ballard, EVP and Chief People & Safety Officer at Covenant Logistics (CVLG), sold 4,000 shares of Class A Common Stock on June 1, 2026, at a weighted average price of $40.1467 per share. This open-market transaction, executed under a Rule 10b5-1 trading plan, leaves Ballard directly owning 13,149 shares. The sale value totaled approximately $160,587.
Covenant Logistics (NASDAQ: CVLG) president exercises 64,196 stock options in Form 4/A
Covenant Logistics President Paul Bunn exercised 64,196 employee stock options on May 22, 2026, at exercise prices of $10.62 and $7.885 per share, acquiring an equivalent number of Class A Common Stock shares. This amended Form 4/A filing corrects previous reporting details regarding exercise price, exercisability date, and post-transaction option balances. Following these exercises, Bunn directly holds 187,379 Class A shares, with no share sales or remaining option positions from these grants reported.
Covenant Logistics EVP Ballard sells $301,449 in stock By Investing.com
Joey Ballard, EVP, Chief People & Safety Officer at Covenant Logistics Group, Inc. (NASDAQ:CVLG), sold 8,000 Class A Common Stock shares for a total of $301,449 in two transactions in late May 2026. The sales were conducted under a Rule 10b5-1 trading plan. The company's stock is trading near its 52-week high, with InvestingPro analysis suggesting it is overvalued.
Covenant Logistics EVP Ballard sells $301,449 in stock By Investing.com
Joey Ballard, EVP, Chief People & Safety Officer at Covenant Logistics Group, Inc. sold 4,282 shares for $37.4043 each on May 22, 2026, and 3,718 shares for $38.00 each on May 26, 2026, totaling over $301,000. These transactions were executed under a Rule 10b5-1 trading plan. Despite the sales occurring near the stock's 52-week high and InvestingPro indicating it's overvalued, the company recently reported strong Q1 2026 earnings, a consistent dividend, and a raised price target from TD Cowen.
Covenant Logistics EVP Ballard sells $301,449 in stock
Joey Ballard, EVP and Chief People & Safety Officer at Covenant Logistics (NASDAQ:CVLG), sold 7,999 shares of the company's Class A Common Stock across two transactions totaling $301,449. The sales, executed via a Rule 10b5-1 trading plan, occurred on May 22 and May 26, 2026. This comes as the stock trades near its 52-week high, with InvestingPro indicating it may be overvalued.
Covenant Logistics EVP Ballard sells $301,449 in stock
Joey Ballard, EVP and Chief People & Safety Officer at Covenant Logistics Group, Inc. (NASDAQ:CVLG), sold 7,999 shares of Class A Common Stock for a total of $301,449 in two transactions. These sales, executed under a Rule 10b5-1 trading plan, occurred as CVLG stock trades near its 52-week high, having risen 75% in the past year. The company recently reported strong Q1 2026 earnings, exceeding revenue forecasts, and announced a quarterly dividend.
Covenant Logistics EVP Ballard sells $301,449 in stock By Investing.com
Joey Ballard, EVP, Chief People & Safety Officer at COVENANT LOGISTICS GROUP, INC. (NASDAQ:CVLG), sold 8,000 shares of the company's Class A Common Stock across two transactions for a total of $301,449. These sales were executed under a Rule 10b5-1 trading plan. The sales occurred while CVLG stock was near its 52-week high, despite an InvestingPro analysis suggesting the stock is overvalued.
Director Joey Hogan sells 12,800 Covenant Logistics (CVLG) shares
Covenant Logistics Group director Joey B. Hogan sold 12,800 shares of Class A Common Stock on May 27, 2026, at an average price of $39.1832 per share, totaling approximately $501,545. Following this transaction, Hogan, jointly with his wife, now holds 91,294 shares. The sale was executed as an open-market transaction and reported via a Form 4 SEC filing.
Covenant Logistics Group (CVLG) president exercises options and uses shares for taxes
Covenant Logistics Group president Paul Bunn exercised employee stock options for 64,196 shares at $7.885 each. To cover tax obligations, 20,000 shares were disposed of at $37.41 per share in a tax-withholding transaction, not an open-market sale. Following these transactions, Bunn directly owns 198,893 shares, with additional indirect holdings in a 401(k) plan and through his spouse.
Covenant Logistics director Joey Hogan sells $501,544 in stock
Covenant Logistics director Joey Hogan sold 12,800 shares of Class A Common Stock for $501,544, with the stock trading near its 52-week high after a significant surge. This sale follows the company's strong Q1 2026 earnings report, exceeding revenue forecasts, and a dividend declaration. Additionally, TD Cowen raised its price target for Covenant Logistics, maintaining a Buy rating despite a challenging start to the year.
Covenant Logistics EVP Ballard sells $301,449 in stock
Joey Ballard, EVP and Chief People & Safety Officer at Covenant Logistics Group, sold $301,449 worth of company stock across two transactions last week. These sales were executed under a Rule 10b5-1 trading plan and occurred as CVLG stock trades near its 52-week high. The company recently reported strong Q1 2026 earnings, exceeding revenue expectations, and announced a quarterly dividend, while TD Cowen raised its price target due to improvements in the truck market.
Covenant Logistics (CVLG) EVP Joey Ballard sells 8,000 company shares
Covenant Logistics Group EVP Joey Ballard, the Chief People & Safety Officer, reported two open-market sales of Class A common stock, totaling 8,000 shares. These sales occurred on May 22 and May 26 at weighted average prices of $37.40 and $38.00 respectively. Following these transactions, Ballard directly holds 17,149 shares of Covenant Logistics Group common stock.
Covenant Logistics director Joey Hogan sells $501,544 in stock
Covenant Logistics Group director Joey Hogan sold 12,800 shares of Class A Common Stock for a total of $501,544 on May 27, 2026. This sale occurred as the stock trades near its 52-week high after a significant surge and InvestingPro analysis suggests it may be overvalued. Following the transaction, Hogan directly holds 91,294 shares of Class A Common Stock.
Covenant Logistics (NASDAQ: CVLG) director reports bona fide gift of 4,338 shares
Covenant Logistics Group director Welborn Wesley Miller reported a bona fide gift of 4,338 shares of Class A Common Stock. The shares were transferred at $0.00 per share, indicating a non-market transfer rather than a sale. Following this gift, Miller directly holds 62,906 shares of Covenant Logistics Group common stock.
Some May Be Optimistic About Covenant Logistics Group's (NYSE:CVLG) Earnings
Covenant Logistics Group (NYSE:CVLG) recently reported earnings that were perceived favorably by the market, despite soft profit figures. The analysis suggests that investors are looking beyond statutory profit, recognizing that unusual items reduced the recorded profit by US$20m. These significant, often non-recurring unusual items may cause the company's statutory profit to understate its true underlying earnings potential, leading to optimism about future profitability despite a recent shrink in EPS.
Covenant Logistics (CVLG) director gets $140,000 restricted stock grant
Covenant Logistics Group director Rachel Parker-Hatchett received an annual equity grant of 4,382 shares of Class A Common Stock, valued at $140,000. These shares were granted as restricted stock units under the company’s 2006 Omnibus Incentive Plan, subject to vesting conditions. After this transaction, Ms. Parker-Hatchett's total direct Class A holdings, including jointly owned shares with her husband, amount to 309,406 shares.
Covenant Logistics Group Announces Quarterly Cash Dividend
Covenant Logistics Group, Inc. announced a quarterly cash dividend of $0.07 per share for its Class A and Class B common stock. The dividend will be paid on June 26, 2026, to stockholders of record on June 5, 2026. This dividend is part of a previously approved cash dividend program, with future declarations subject to board determination each quarter.
Covenant Logistics Group Announces Quarterly Cash Dividend
Covenant Logistics Group, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.07 per share for both Class A and Class B common stock. The dividend is payable on June 26, 2026, to stockholders of record as of June 5, 2026. This declaration is part of a previously approved cash dividend program, with future declarations subject to quarterly board determination.
Covenant Logistics (CVLG) director Joey Hogan granted 4,382-share equity award
Covenant Logistics Group director Joey B. Hogan received an equity award of 4,382 Class A Common Stock shares. This grant, valued at $140,000, is annual equity compensation under the company's 2006 Omnibus Incentive Plan, subject to vesting provisions. Following the award, Hogan's direct holdings include 104,094 and 8,720 shares, some of which are jointly owned with his wife.
Covenant Logistics Group Announces $0.07 Quarterly Cash Dividend for June 2026
Covenant Logistics Group, Inc. has declared a quarterly cash dividend of $0.07 per share for both Class A and Class B common stock. The dividend will be paid on June 26, 2026, to shareholders of record as of June 5, 2026. This announcement reflects the company's ongoing commitment to shareholder returns, though future dividends are subject to board approval and company performance.
Director at Covenant Logistics (CVLG) receives 4,382-share equity award
Covenant Logistics Group director Herbert J. Schmidt recently received an equity grant of 4,382 shares of Class A common stock, valued at $140,000 as annual compensation. This grant was issued under the company’s Third Amended and Restated 2006 Omnibus Incentive Plan and contributes to his direct holding of 32,988 shares. The award is subject to vesting, forfeiture, and termination provisions.
Covenant Logistics (NYSE: CVLG) OKs 2026 incentives, elects board and declares $0.07 dividend
Covenant Logistics Group, Inc. (NYSE: CVLG) announced the approval of its 2026 Long-Term Incentive Plan with target awards for several executive officers and new annualized base salaries for James "Tripp" Grant, Dustin Koehl, and Joey Ballard. The company also reported the election of all director nominees, advisory approval of executive compensation by stockholders, and the ratification of Grant Thornton LLP as its independent auditor. Furthermore, Covenant Logistics declared a quarterly cash dividend of $0.07 per share, payable on June 26, 2026, to stockholders of record on June 5, 2026.
Covenant Logistics (CVLG) director receives $140,000 restricted stock grant
Covenant Logistics Group (CVLG) director Benjamin Carson Sr received a restricted stock grant of 4,382 shares, valued at $140,000, as part of his annual equity compensation. The grant, made under the company's Third Amended and Restated 2006 Omnibus Incentive Plan, increased his direct holdings to 32,174 shares. The per-share grant price was reported as $0.0000, with the share count determined by the company's closing price on the date of its 2026 annual meeting.
Covenant Logistics (NASDAQ: CVLG) director granted $140,000 in restricted stock
Covenant Logistics Group director Tracy L. Rosser was granted 4,382 shares of Class A common stock as restricted stock units, valued at $140,000, for his annual board compensation. This award, made under the company's omnibus incentive plan, increases his direct holdings to 17,906 shares and is subject to vesting conditions. The transaction was reported via a Form 4 SEC filing, clarifying it as a direct equity grant rather than an open-market purchase.
Covenant Logistics (NASDAQ: CVLG) director granted $140K in stock-based compensation
Covenant Logistics Group director Wesley Miller has been granted 4,382 shares of Class A Common Stock, valued at $140,000, as annual compensation. This equity grant was calculated using the closing price on the company's 2026 annual meeting date and was awarded under the company's omnibus incentive plan. Following this transaction, Miller directly holds 67,244 shares, with the grant subject to standard vesting, forfeiture, and termination provisions.
Director at Covenant Logistics (NASDAQ: CVLG) awarded $140K in stock
Covenant Logistics Group director D. Michael Kramer received an equity award of 4,382 shares of Class A Common Stock, valued at $140,000, as annual compensation. The grant was issued under the company's 2006 Omnibus Incentive Plan and is subject to specific vesting conditions. Following this award, Kramer directly holds 23,118 shares, with an additional 400 shares held in a Uniform Transfers to Minors Act account for which he is custodian, disclaiming beneficial ownership.
Covenant Logistics to pay $0.07 a share dividend June 26
Covenant Logistics Group (NYSE: CVLG) has declared a quarterly cash dividend of $0.07 per share for its Class A and Class B common stock. Shareholders recorded by June 5, 2026, are scheduled to receive this payment on June 26, 2026. The company noted that future dividends are subject to board approval and various business, legal, and financial conditions.
Covenant Logistics Group Announces Quarterly Cash Dividend
Covenant Logistics Group, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.07 per share for both Class A and Class B common stock. The dividend is payable to stockholders of record on June 5, 2026, and is expected to be paid on June 26, 2026. This declaration is part of a previously approved cash dividend program, though future declarations remain subject to board determination each quarter.
