Covenant Logistics Group Inc

Covenant Logistics Group Inc

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.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Covenant Logistics Group's stock, expecting it to rise to $31.33.

Above Average

Financial Health

Covenant Logistics is performing well with strong revenue and profitability, indicating solid financial health.

Below Average

Dividend

Covenant Logistics Group Inc's dividend yield of 0.96% is relatively low, making it less attractive for dividend-focused investors. If you invested $1000 you would be paid $9.60 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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