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.
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 (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 (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 $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 (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 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. (NYSE: CVLG) announced that its board of directors has declared a quarterly cash dividend of $0.07 per share for 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 declaration is part of a previously approved cash dividend program, though future dividends remain subject to board approval and various market and financial conditions.
Covenant Logistics (NASDAQ: CVLG) grows Q1 revenue but sees earnings decline
Covenant Logistics Group reported Q1 2026 revenue of $307.2 million, a 14% increase year-over-year, driven by growth in its Managed Freight, Dedicated, and Warehousing segments. Despite this revenue growth, operating income declined to $6.3 million and net income fell to $4.4 million, or $0.17 per diluted share, primarily due to higher operating costs, fuel headwinds, and weather disruptions. The company successfully reduced its total indebtedness by $51.0 million to $245.3 million and maintained its $0.07 per share cash dividend.
Covenant Logistics director D. Michael Kramer sells $92,009 in stock By Investing.com
D. Michael Kramer, a director at Covenant Logistics Group, Inc. (NASDAQ:CVLG), sold $92,009 worth of Class A Common Stock on April 29, 2026, disposing of 2,650 shares at a weighted average price of $34.7204. On the same day, Mr. Kramer also gifted 3,350 shares, and his direct holdings now stand at 18,736 shares, with an additional 800 shares held indirectly. This transaction follows a significant 78% return for CVLG stock over the past year, although InvestingPro's Fair Value analysis suggests it may be overvalued.
Director at Covenant Logistics Group (CVLG) sells and gifts Class A shares
Covenant Logistics Group director D. Michael Kramer reported selling 2,650 Class A Common Stock shares at a weighted average price of $34.7204 per share, and also made a gift of 3,350 shares on April 29, 2026. Following these transactions, Kramer directly holds 22,086 shares, with an additional 400 shares held indirectly in a Uniform Transfers to Minors Act account where he disclaims beneficial ownership. The article details these insider transactions and provides a breakdown of his holdings and the nature of the transfers.
Covenant Logistics director D. Michael Kramer sells $92,009 in stock
Covenant Logistics Group director D. Michael Kramer sold 2,650 shares of Class A Common Stock worth $92,009 on April 29, 2026. This transaction occurred after the CVLG stock saw a 78% return over the past year. Kramer also gifted 3,350 shares on the same day, and now directly holds 18,736 shares.
Covenant Logistics (CVLG) CEO gifts shares after large option exercise
Covenant Logistics Group Chairman and CEO David Ray Parker recently exercised employee stock options for 165,332 shares of Class A common stock. To cover related tax obligations, 95,760 shares were disposed of, and an additional 70,000 Class A shares were transferred as a bona fide gift. Following these transactions, Parker maintains significant direct and indirect holdings in the company's Class A and Class B common stock, along with remaining employee stock options.
Covenant Logistics director Joey Hogan sells $510,927 in stock By Investing.com
Joey B. Hogan, a director at Covenant Logistics Group, Inc. (NASDAQ:CVLG), sold 14,700 shares of Class A Common Stock for approximately $510,927. This sale occurred on April 28, 2026, when the stock was trading near its 52-week high after significant gains. The company recently reported strong Q1 2026 earnings, surpassing revenue forecasts, and received a price target increase from TD Cowen.
Covenant Logistics director Joey Hogan sells $510,927 in stock
Joey B. Hogan, a director at Covenant Logistics Group, Inc. (NASDAQ:CVLG), sold 14,700 shares of the company’s Class A Common Stock for approximately $510,927. This sale occurred on April 28, 2026, as the stock traded near its 52-week high after significant gains. Following the sale, Mr. Hogan directly holds 104,094 shares jointly with his wife and an additional 4,338 shares.
Covenant Logistics director Joey Hogan sells $510,927 in stock
Covenant Logistics Group director Joey Hogan sold 14,700 shares of Class A Common Stock for approximately $510,927 on April 28, 2026. The sale occurred while the stock was trading near its 52-week high after significant gains. Despite the sale, Hogan continues to hold a substantial number of shares, and the company recently reported strong Q1 2026 earnings and received a raised price target from TD Cowen.
Covenant Logistics director D. Michael Kramer sells $92,009 in stock By Investing.com
Covenant Logistics director D. Michael Kramer sold 2,650 shares of the company's Class A Common Stock for $92,009 on April 29, 2026. This transaction occurred amidst a significant past year return for CVLG stock, although InvestingPro suggests it might be overvalued. In addition, Mr. Kramer gifted 3,350 shares on the same day.
Covenant Logistics director D. Michael Kramer sells $92,009 in stock By Investing.com
Covenant Logistics director D. Michael Kramer sold 2,650 shares of the company's Class A Common Stock for $92,009 on April 29, 2026, and also gifted 3,350 shares on the same day. Following these transactions, Kramer's direct holdings are 18,736 shares, with additional indirect holdings. The sale occurred after the stock delivered a 78% return over the past year, though InvestingPro's Fair Value analysis suggests the stock might be overvalued.
Covenant Logistics Group Q1 Margin Squeeze Reinforces Bearish Narrative On Earnings Resilience
Covenant Logistics Group (CVLG) reported Q1 2026 revenue of US$307.2 million and basic EPS of US$0.18, with trailing twelve-month net income at a slim US$2.3 million on US$1.2 billion in revenue, resulting in a 0.2% net profit margin. This margin squeeze, coupled with volatile earnings and weak interest coverage, reinforces a bearish outlook, challenging optimistic narratives about the company's focus on specialized, higher-margin contracts. The company's low P/S multiple and recent insider selling further contribute to concerns about its financial resilience.
Mixed quarter as Covenant (NYSE: CVLG) grows revenue but margins tighten
Covenant Logistics Group reported a mixed first quarter in 2026, with total revenue increasing 14.0% to $307.2 million and freight revenue up 15.9%. Despite strong top-line growth, GAAP operating income and net income declined due to higher costs, weather disruptions, and fuel price headwinds, resulting in tightened margins. The company saw varied performance across segments, with Expedited freight revenue down, Dedicated freight revenue up, and Managed Freight revenue significantly increasing but with weaker operating ratios; however, net indebtedness decreased, improving its capitalization ratio.
Covenant Logistics Group Announces First Quarter 2026 Financial and Operating Results
Covenant Logistics Group reported first quarter 2026 earnings of $0.17 per diluted share ($0.26 adjusted), falling short of expectations due to severe weather and fuel costs in January and February. However, freight volumes and rates improved in March, with positive momentum expected to continue into Q2 driven by new customers and selective rate increases. The company aims to improve yields and reallocate assets for better margins and returns throughout 2026.
Covenant Logistics EVP & CFO Grant sells $688k in stock
Covenant Logistics Group's EVP & CFO, James S. Grant III, sold 22,388 shares of the company's Class A Common Stock for $688,431 on April 20, 2026, via a Rule 10b5-1 trading plan. This sale occurred while the stock was near its 52-week high, having gained 72% over the past year. InvestingPro analysis indicates that CVLG may be overvalued, trading at a high earnings multiple.
Covenant Logistics Group Insider Sold Shares Worth $688,431, According to a Recent SEC Filing
An insider at Covenant Logistics Group divested shares totaling $688,431, as disclosed in a recent SEC filing. This transaction, published on April 21, 2026, adds to a series of insider share disposals reported for the company earlier in the year. Covenant Logistics Group provides a range of transportation and logistics services across the United States.
Covenant Logistics (CVLG) CFO sells 22,388 shares in Rule 10b5-1 plan
Covenant Logistics Group's EVP and CFO, James S. Grant III, sold 22,388 shares of Class A Common Stock at $30.75 per share, totaling approximately $688,431. This transaction was pre-arranged under a Rule 10b5-1 trading plan adopted on November 21, 2025. Following the sale, Mr. Grant directly holds 20,915 shares.
Covenant Logistics EVP & CFO Grant sells $688k in stock
James S. Grant III, EVP and CFO of Covenant Logistics Group, Inc., sold 22,388 shares of company stock for $688,431 on April 20, 2026. This sale was conducted under a Rule 10b5-1 trading plan and occurred as the stock neared its 52-week high after a 72% gain. The company recently reported mixed Q4 2025 earnings, with revenue exceeding expectations but EPS falling short, and announced a quarterly dividend.
At US$30.49, Is It Time To Put Covenant Logistics Group, Inc. (NYSE:CVLG) On Your Watch List?
Covenant Logistics Group, Inc. (NYSE:CVLG) has seen a significant share price rise of 24% recently and is trading at yearly-high levels around $30.49. Despite being a small-cap stock, its valuation model suggests it's fairly priced, trading about 17.54% above its intrinsic value. The company shows bright future prospects with expected profit growth of more than double in the next couple of years.
Covenant Logistics Group (CVLG) sets 2026 votes and highlights 2025 performance
Covenant Logistics Group (CVLG) has announced its 2026 annual meeting agenda, inviting stockholders to vote on electing nine directors, an advisory say-on-pay for executive compensation, and ratifying Grant Thornton LLP as its 2026 auditor. The company reported over $1.2 billion in revenue, $0.27 earnings per share, and a 0.3% return on average invested capital for 2025, a year marked by challenging freight market conditions. Covenant Logistics also highlighted its commitment to board independence, proxy access, stock ownership and clawback policies, and strong board oversight of risk and cybersecurity.
Covenant Logistics Group, Inc. Announces Timing Of First Quarter Earnings Release And Conference Call
Covenant Logistics Group, Inc. (NYSE: CVLG) announced that it will release its first quarter earnings on Thursday, April 23, 2026, after 4:00 p.m. Eastern time. The company will also host a live conference call to discuss these earnings on Friday, April 24, 2026, at 10:00 a.m. Eastern time. An audio replay will be available for one week following the call.
Covenant Logistics Group, Inc. Announces Timing Of First Quarter Earnings Release And Conference Call
Covenant Logistics Group, Inc. (NYSE: CVLG) announced it will release its first-quarter earnings after 4:00 p.m. Eastern time on Thursday, April 23, 2026. A live conference call to discuss these earnings will be held on Friday, April 24, 2026, at 10:00 a.m. Eastern time. The company provides transportation and logistics services across the United States.
Covenant Logistics will post Q1 results after market on April 23
Covenant Logistics Group (NYSE: CVLG) announced it will release its Q1 2026 earnings after 4:00 p.m. Eastern on Thursday, April 23, 2026. The company will also host a live conference call to discuss results on Friday, April 24, 2026, at 10:00 a.m. Eastern. Investors can find dial-in information and supplemental materials on the company's investor website.
Covenant Logistics Group, Inc. Announces Timing Of First Quarter Earnings Release And Conference Call
Covenant Logistics Group, Inc. (NYSE: CVLG) announced that it will release its first-quarter earnings after 4:00 p.m. Eastern time on Thursday, April 23, 2026. The company will then hold a live conference call to discuss these results on Friday, April 24, 2026, at 10:00 a.m. Eastern time, with replay options and additional financial information available through their investor website.
Covenant Logistics Group, Inc. Announces Timing Of First Quarter Earnings Release And Conference Call
Covenant Logistics Group, Inc. (NYSE: CVLG) announced it will release its first-quarter earnings after 4:00 p.m. Eastern time on Thursday, April 23, 2026. The company will also host a live conference call to discuss these earnings on Friday, April 24, 2026, at 10:00 a.m. Eastern time. An audio replay and additional financial information will be available online for investors.
Wall Street Zen Downgrades Covenant Logistics Group (NYSE:CVLG) to Hold
Wall Street Zen has downgraded Covenant Logistics Group (NYSE:CVLG) from a "buy" to a "hold" rating, aligning with the analyst consensus target price of $30.00. The downgrade follows the company's slight Q4 EPS miss ($0.31 vs. $0.32) and its high valuation, with a PE ratio of approximately 120 and a thin net margin of 0.62%. Insider selling has also been noted, with CEO David Ray Parker selling 30,400 shares and total insider sales reaching 438,800 shares over 90 days.
Covenant Logistics (CVLG) EVP forfeits 5,516 performance-based shares
Joey Ballard, Executive Vice President (EVP) of Covenant Logistics Group (CVLG), has forfeited 5,516 shares of Class A common stock. These restricted shares were granted under the company's Omnibus Incentive Plan and were returned to the issuer because performance targets were not met. Following this transaction, Ballard directly holds 25,149 shares of Covenant Logistics Group.
Covenant Logistics (NASDAQ: CVLG) CFO forfeits 5,516 performance shares
Covenant Logistics Group's EVP and CFO, James S. Grant III, forfeited 5,516 shares of Class A common stock because the company did not achieve established performance targets. This transaction, detailed in a Form 4 SEC filing, was a compensation-related adjustment rather than an open-market sale, and the shares were returned to the issuer at $0.00 per share. Following this forfeiture, Grant directly holds 43,303 shares.
CVLG SEC Filings - Covenant Logistics Group Inc 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for Covenant Logistics Group (CVLG) SEC filings, including annual reports (10-K), quarterly reports (10-Q), material event filings (8-K), and insider trading forms. It offers access to official regulatory disclosures, enhanced with AI-powered summaries to help investors quickly understand key updates like earnings, dividend declarations, executive compensation, and stock transactions. The platform integrates real-time data from the SEC’s EDGAR system, providing timely access to new filings and specialized views relevant to transportation and logistics operations.
CVLG SEC Filings - Covenant Logistics Group Inc 10-K, 10-Q, 8-K Forms
This page provides access to Covenant Logistics Group Inc. (CVLG) SEC filings, including 10-K, 10-Q, and 8-K reports. It details recent filings such as dividend declarations, quarterly earnings, and insider trading activities, enhanced with AI-powered summaries. The platform aims to offer investors comprehensive regulatory information for the transportation and logistics company.
Covenant Logistics Group (NYSE:CVLG) Sets New 1-Year High - Here's What Happened
Covenant Logistics Group (NYSE:CVLG) reached a new 52-week intraday high of $30.43 on Wednesday, closing at $30.32. The company faces a mixed analyst outlook, with a consensus "Hold" rating and a target price of $30.00, despite missing its recent quarterly EPS estimates. Insiders have sold a significant amount of stock, while institutional investors hold a large portion of the shares.
CVLG (CVLG) director Joey Hogan makes 2,600-share bona fide stock gift
Covenant Logistics Group, Inc. (CVLG) director Joey B. Hogan reported a bona fide gift of 2,600 shares of Class A Common Stock on February 27, 2026. These shares were transferred at no price, and after the gift, Hogan directly owned 118,794 shares. Some of these shares are jointly owned with his wife.
COVENANT LOGISTICS GROUP, INC. SEC 10-K Report
Covenant Logistics Group, Inc. (CVLG) released its 2025 10-K report, revealing a significant decrease in operating income and net income compared to 2024, despite an increase in total revenue. The company detailed its financial performance, business operations across its four segments, and strategic initiatives focused on reallocating capital to better-performing operations and growing its Dedicated, Managed Freight, and Warehousing services. Challenges include rising costs, industry changes, and integration risks from acquisitions, though the company plans to improve free cash flow and deleverage its balance sheet in 2026.
Covenant Logistics Group (CVLG) holders detail 30.4% stake, 41.1% votes
David and Jacqueline Parker, major shareholders of Covenant Logistics Group (CVLG), have updated their Schedule 13D/A filing, showing they beneficially own 7,852,085 shares, representing 30.4% of the outstanding common stock. Due to their Class B shares carrying two votes each, they control approximately 41.1% of the company's total voting power. The amendment also details several open-market sales of Class A shares in February 2026, including a significant sale of 96,333 shares on February 17, 2026, at an average price of $29.6985.
CVLG - Covenant Logistics Group Inc Latest Stock News & Market Updates
This page provides a comprehensive overview of Covenant Logistics Group (CVLG) stock news, financial performance, and company announcements. It details quarterly financial results, earnings call schedules, dividend declarations, and updates on strategic initiatives. The article also includes AI-summarized past news directly from the company regarding earnings expectations and financial results for Q2 and Q3 2020.
Covenant Logistics Group Insider Sold Shares Worth $4,410,135, According to a Recent SEC Filing
An insider at Covenant Logistics Group (CVLG) recently sold shares valued at $4,410,135, as detailed in a filing with the U.S. Securities and Exchange Commission. This transaction follows a previous insider sale worth $3,974,031 reported on February 18. The company is actively managed, with recent news also including dividend declarations and earnings reports.
[Form 4] COVENANT LOGISTICS GROUP, INC. Insider Trading Activity
Covenant Logistics Group Chairman and CEO David Ray Parker, along with Jacqueline F. Parker, reported open-market sales of 150,400 Class A common stock shares (CVLG) between February 18–20, 2026, at weighted average prices around $29 per share. Following these transactions, their direct Class A holdings totaled 2,047,544 shares, with additional Class A shares in another direct account, Class A shares in a 401(k) plan, and Class B common stock. The SEC Form 4 details these sales and remaining beneficially owned securities.
