Covenant Logistics Group Inc
CVLG22.570USD
-0.060-0.27%
Close 12/26, 16:00（ET）Quotes delayed by 15 min
565.31MMarket Cap
40.54P/E TTM
More Details of Covenant Logistics Group Inc Company
Covenant Logistics Group, Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout the United States. The Company’s primary services include asset-based expedited and dedicated truckload capacity, as well as asset-light warehousing, transportation management, and freight brokerage capability. Its Expedited segment primarily provides truckload services to customers with high service freight and delivery standards. Its Dedicated segment provides customers with committed truckload capacity over contracted periods. Its Managed Freight segment includes its brokerage services and transport management services (TMS). Its Warehousing reportable segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. It also provides shuttle and switching services related to shuttling containers and trailers in or around freight yards and to/from warehouses.
Covenant Logistics Group Inc Info
Ticker SymbolCVLG
Company nameCovenant Logistics Group Inc
IPO dateOct 28, 1994
CEOParker (David Ray)
Number of employees4600
Security typeOrdinary Share
Fiscal year-endOct 28
Address400 Birmingham Hwy
CityCHATTANOOGA
Stock exchangeNASDAQ OMX NASDAQ Basic NYSE
CountryUnited States of America
Postal code37419-2346
Phone14238211212
Websitehttps://www.covenantlogistics.com/
Ticker SymbolCVLG
IPO dateOct 28, 1994
CEOParker (David Ray)
Company Executives of Covenant Logistics Group Inc
Name
Name/Position
Position
Shareholding
Change
Mr. David Ray Parker
Mr. David Ray Parker
Chairman of the Board, Chief Executive Officer
Chairman of the Board, Chief Executive Officer
2.79M
+0.01%
Ms. Rachel Parker-Hatchett
Ms. Rachel Parker-Hatchett
Director
Director
318.02K
+1.38%
Mr. M. Paul Bunn, CPA
Mr. M. Paul Bunn, CPA
President
President
164.39K
+15.88%
Mr. Joey B. Hogan
Mr. Joey B. Hogan
Director
Director
131.24K
+3.42%
Mr. Bradley A. Moline, CPA
Mr. Bradley A. Moline, CPA
Independent Director
Independent Director
94.92K
+4.79%
Mr. Herbert J. (Herb) Schmidt
Mr. Herbert J. (Herb) Schmidt
Independent Director
Independent Director
28.61K
+17.88%
Ms. Joey Ballard
Ms. Joey Ballard
Executive Vice President - People and Safety
Executive Vice President - People and Safety
21.17K
+6.45%
Mr. Tracy L. Rosser
Mr. Tracy L. Rosser
Independent Director
Independent Director
13.52K
+47.22%
Mr. Dustin Koehl
Mr. Dustin Koehl
Chief Operating Officer
Chief Operating Officer
2.13K
--
Dr. Benjamin S. (Ben) Carson, Sr.
Dr. Benjamin S. (Ben) Carson, Sr.
Independent Director
Independent Director
--
--
View more
Name
Name/Position
Position
Shareholding
Change
Mr. David Ray Parker
Mr. David Ray Parker
Chairman of the Board, Chief Executive Officer
Chairman of the Board, Chief Executive Officer
2.79M
+0.01%
Ms. Rachel Parker-Hatchett
Ms. Rachel Parker-Hatchett
Director
Director
318.02K
+1.38%
Mr. M. Paul Bunn, CPA
Mr. M. Paul Bunn, CPA
President
President
164.39K
+15.88%
Mr. Joey B. Hogan
Mr. Joey B. Hogan
Director
Director
131.24K
+3.42%
Mr. Bradley A. Moline, CPA
Mr. Bradley A. Moline, CPA
Independent Director
Independent Director
94.92K
+4.79%
Mr. Herbert J. (Herb) Schmidt
Mr. Herbert J. (Herb) Schmidt
Independent Director
Independent Director
28.61K
+17.88%
Revenue Breakdown
Currency: USDUpdated: Mon, Oct 6
Currency: USDUpdated: Mon, Oct 6
FY2025Q2
FY2025Q1
FY2024
FY2023
FY2022
FY2021
FY2020
FY2019
By BusinessUSD
Name
Revenue
Proportion
Fuel surcharge revenue
276.53M
91.31%
Freight revenue
26.32M
8.69%
Relevant data have not been disclosed by the company yet.
By Business
By Region
By BusinessUSD
Name
Revenue
Proportion
Fuel surcharge revenue
276.53M
91.31%
Freight revenue
26.32M
8.69%
Shareholding Stats
Updated: Sat, Aug 30
Updated: Sat, Aug 30
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
Parker (David Ray)
13.72%
Willett (Gregory)
9.83%
BlackRock Institutional Trust Company, N.A.
7.59%
Dimensional Fund Advisors, L.P.
6.93%
The Vanguard Group, Inc.
4.21%
Other
57.73%
Shareholders
Shareholders
Proportion
Parker (David Ray)
13.72%
Willett (Gregory)
9.83%
BlackRock Institutional Trust Company, N.A.
7.59%
Dimensional Fund Advisors, L.P.
6.93%
The Vanguard Group, Inc.
4.21%
Other
57.73%
Shareholder Types
Shareholders
Proportion
Investment Advisor
36.09%
Individual Investor
28.14%
Investment Advisor/Hedge Fund
21.97%
Hedge Fund
7.14%
Research Firm
1.73%
Pension Fund
1.41%
Bank and Trust
0.27%
Sovereign Wealth Fund
0.14%
Insurance Company
0.03%
Other
3.08%
Institutional Shareholding
Updated: Mon, Dec 8
Updated: Mon, Dec 8
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q4
339
13.99M
76.31%
-423.00
2025Q3
349
13.99M
77.32%
-409.01K
2025Q2
344
14.50M
70.42%
+244.12K
2025Q1
336
14.72M
73.26%
-1.30M
2024Q4
330
14.96M
72.35%
+604.55K
2024Q3
328
14.36M
72.46%
-99.43K
2024Q2
322
14.28M
74.50%
-504.76K
2024Q1
311
14.76M
74.58%
-1.30M
2023Q4
309
14.10M
79.34%
-427.91K
2023Q3
299
14.35M
81.63%
-515.33K
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
Parker (David Ray)
2.79M
13.73%
+287.00
+0.01%
Mar 27, 2025
Willett (Gregory)
2.00M
9.84%
--
--
Mar 27, 2025
BlackRock Institutional Trust Company, N.A.
1.59M
7.81%
-46.44K
-2.84%
Jun 30, 2025
Dimensional Fund Advisors, L.P.
1.45M
7.14%
-54.28K
-3.61%
Jun 30, 2025
The Vanguard Group, Inc.
894.98K
4.4%
-29.89K
-3.23%
Jun 30, 2025
Patton Albertson & Miller, LLC
580.53K
2.86%
+4.28K
+0.74%
Jun 30, 2025
American Century Investment Management, Inc.
529.30K
2.6%
+48.58K
+10.11%
Jun 30, 2025
Scopus Asset Management, L.P.
710.63K
3.5%
-330.84K
-31.77%
Jun 30, 2025
T. Rowe Price Investment Management, Inc.
486.52K
2.39%
+99.04K
+25.56%
Jun 30, 2025
LSV Asset Management
432.83K
2.13%
--
--
Jun 30, 2025
View more
Related ETFs
Updated: Sat, Dec 6
Updated: Sat, Dec 6
Name
Proportion
State Street SPDR S&P Transportation ETF
0.33%
Inspire Small/Mid Cap ESG ETF
0.19%
Lattice Hartford Multifactor Small Cap ETF
0.13%
iShares Micro-Cap ETF
0.06%
iShares US Transportation ETF
0.06%
WisdomTree U.S. SmallCap Dividend Fund
0.06%
WisdomTree US SmallCap Quality Dividend Growth
0.06%
WisdomTree US SmallCap Fund
0.05%
Franklin US Small Cap Multifactor Index ETF
0.05%
Avantis US Small Cap Value ETF
0.05%
View more
State Street SPDR S&P Transportation ETF
Proportion0.33%
Inspire Small/Mid Cap ESG ETF
Proportion0.19%
Lattice Hartford Multifactor Small Cap ETF
Proportion0.13%
iShares Micro-Cap ETF
Proportion0.06%
iShares US Transportation ETF
Proportion0.06%
WisdomTree U.S. SmallCap Dividend Fund
Proportion0.06%
WisdomTree US SmallCap Quality Dividend Growth
Proportion0.06%
WisdomTree US SmallCap Fund
Proportion0.05%
Franklin US Small Cap Multifactor Index ETF
Proportion0.05%
Avantis US Small Cap Value ETF
Proportion0.05%
Dividend
A total of
15.86M
USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
Aug 15, 2025
CVLG.NB Interim Cash Dividend of gross USD 0.07 paid on Sep 26, 2025 going ex on Sep 05, 2025
Sep 05, 2025
Sep 26, 2025
Sep 05, 2025
May 16, 2025
CVLG.NB Interim Cash Dividend of gross USD 0.07 paid on Jun 27, 2025 going ex on Jun 06, 2025
Jun 06, 2025
Jun 27, 2025
Jun 06, 2025
Feb 14, 2025
CVLG.NB Interim Cash Dividend of gross USD 0.07 paid on Mar 28, 2025 going ex on Mar 07, 2025
Mar 07, 2025
Mar 28, 2025
Mar 07, 2025
Nov 25, 2024
CVLG.NB Final Cash Dividend of gross USD 0.11 paid on Dec 27, 2024 going ex on Dec 06, 2024
Dec 06, 2024
Dec 27, 2024
Dec 06, 2024
Aug 19, 2024
CVLG.NB Interim Cash Dividend of gross USD 0.11 paid on Sep 27, 2024 going ex on Sep 06, 2024
Sep 06, 2024
Sep 27, 2024
Sep 06, 2024
May 17, 2024
CVLG.NB Interim Cash Dividend of gross USD 0.11 paid on Jun 28, 2024 going ex on Jun 07, 2024
Jun 07, 2024
Jun 28, 2024
Jun 07, 2024
Feb 15, 2024
CVLG.NB Interim Cash Dividend of gross USD 0.11 paid on Mar 29, 2024 going ex on Feb 29, 2024
Mar 01, 2024
Mar 29, 2024
Feb 29, 2024
Nov 16, 2023
CVLG.NB Final Cash Dividend of gross USD 0.11 paid on Dec 29, 2023 going ex on Nov 30, 2023
Dec 01, 2023
Dec 29, 2023
Nov 30, 2023
Aug 21, 2023
CVLG.NB Interim Cash Dividend of gross USD 0.11 paid on Sep 29, 2023 going ex on Aug 31, 2023
Sep 01, 2023
Sep 29, 2023
Aug 31, 2023
May 22, 2023
CVLG.NB Interim Cash Dividend of gross USD 0.11 paid on Jun 30, 2023 going ex on Jun 01, 2023
Jun 02, 2023
Jun 30, 2023
Jun 01, 2023
View more
Stock Split
Date
Type
Ratio
Dec 06, 2024
Split
1→2
Date
Type
Ratio
Dec 06, 2024
Split
1→2
FAQs
Who are the top five shareholders of Covenant Logistics Group Inc?
The top five shareholders of Covenant Logistics Group Inc are:
Parker (David Ray) holds 2.79M shares, accounting for 13.73% of the total shares.
Willett (Gregory) holds 2.00M shares, accounting for 9.84% of the total shares.
BlackRock Institutional Trust Company, N.A. holds 1.59M shares, accounting for 7.81% of the total shares.
Dimensional Fund Advisors, L.P. holds 1.45M shares, accounting for 7.14% of the total shares.
The Vanguard Group, Inc. holds 894.98K shares, accounting for 4.40% of the total shares.
Parker (David Ray) holds 2.79M shares, accounting for 13.73% of the total shares.
Willett (Gregory) holds 2.00M shares, accounting for 9.84% of the total shares.
BlackRock Institutional Trust Company, N.A. holds 1.59M shares, accounting for 7.81% of the total shares.
Dimensional Fund Advisors, L.P. holds 1.45M shares, accounting for 7.14% of the total shares.
The Vanguard Group, Inc. holds 894.98K shares, accounting for 4.40% of the total shares.
What are the top three shareholder types of Covenant Logistics Group Inc?
The top three shareholder types of Covenant Logistics Group Inc are:
Parker (David Ray)
Willett (Gregory)
BlackRock Institutional Trust Company, N.A.
Parker (David Ray)
Willett (Gregory)
BlackRock Institutional Trust Company, N.A.
How many institutions hold shares of Covenant Logistics Group Inc (CVLG)?
As of 2025Q4, 339 institutions hold shares of Covenant Logistics Group Inc, with a combined market value of approximately 13.99M, accounting for 76.31% of the total shares. Compared to 2025Q3, institutional shareholding has increased by -1.01%.
What is the biggest source of revenue for Covenant Logistics Group Inc?
In FY2025Q2, the Fuel surcharge revenue business generated the highest revenue for Covenant Logistics Group Inc, amounting to 276.53M and accounting for 91.31% of total revenue.
