How to Buy Covenant Logistics Group Stock
Covenant Logistics Group Inc
Covenant Logistics Group, Inc. , together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing.
Covenant Logistics Group stock last closed at $18.34, down 0.49% from the previous day, and has decreased 16.43% in one year. It has overperformed other stocks in the Trucking industry by 0.18 percentage points. Covenant Logistics Group stock is currently +5.04% from its 52-week low of $17.46, and -40.4% from its 52-week high of $30.77.
At the moment, there are 26.55M shares of CVLG outstanding. The market cap of CVLG is $486.93M. In the last 24 hours, 223,601 CVLG shares were traded.
How to Buy Covenant Logistics Group Stock
Not sure how to invest in Covenant Logistics Group stock? Here's how.
- Figure out where to buy Covenant Logistics Group stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Covenant Logistics Group stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your details.
- Evaluate Covenant Logistics Group stock: The Covenant Logistics Group ticker symbol is CVLG. Is Covenant Logistics Group stock a good investment? Should you buy shares of CVLG? How do CVLG's underlying business fundamentals look? Do top analysts think Covenant Logistics Group is a good buy? Why has CVLG's stock price moved recently? (Hint: Our stock market research website can help you understand if CVLG is a good stock to buy).
- Make your CVLG purchase: Decide if you will purchase CVLG shares at the current market price or use a limit order to buy CVLG shares at a specific price.
- Watch your investment in CVLG: Create a watchlist to key updates about your investment in Covenant Logistics Group shares.
Step 1: Figure out where to buy Covenant Logistics Group stock
You will need an online brokerage account in order to access the NYSE market and buy CVLG shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best stock brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to world markets: From Technology to Healthcare, New York to Tokyo (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro offers a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you can invest in CVLG today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start a new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on one of the most highly reviewed stock market apps, you can securely and quickly fund your account:
Check out the tutorial below to see the process of depositing funds into your brokerage account.
Step 4: Evaluate Covenant Logistics Group stock
After you have figured out the best place to buy Covenant Logistics Group stock, it's very important to evaluate their stock prior to buying, so you truly wrap your head around the risk as well as the upside.
Overview of key CVLG info
Covenant Logistics Group Overview
WallStreetZen was created to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on CVLG's stock page.
Is CVLG stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CVLG's intrinsic value.
Using relative valuations measures:
- CVLG may be undervalued based on its P/E ratio of 13.39x, relative to Trucking industry P/E ratio of 27.01x
- CVLG may be undervalued based on its P/B ratio of 1.11x, relative to Trucking industry P/B ratio of 2.71x
- CVLG could be undervalued based on its PEG ratio of 0.31x
You can do additional valuation analysis on CVLG's stock here.
CVLG Financial Summary
Pros:
- Total CVLG debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the CVLG balance sheet.
- CVLG's operating cash flow of $122.89M allows it to safely service it's debt of $296.89M.
Cons:
- CVLG profit margin has gone down from 5% to 3.2% in the past year.
- There are more long-term liabilities than short-term assets on the CVLG balance sheet.
- CVLG has a relatively high debt to equity ratio of 1.28.
- CVLG earnings of $60.07M is not sufficient to cover its interest payments.
Do Wall Street analysts think it's a good time to buy Covenant Logistics Group stock
Out of 2 Equities analysts who give recommendations on CVLG, the consensus analyst rating on Covenant Logistics Group is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Covenant Logistics Group stock forecast page.
CVLG Technical Indicators
CVLG Revenue
Last year, CVLG earnings were $35.92M. Over the past five year, CVLG's earnings have gone up by 42.89% per year. This was faster than the Trucking industry average of 9.19%.
Last year, CVLG revenue was $1.13B. Over the past five year, CVLG's revenue has grown by 5.03% per year. This was slower than the Trucking industry average of 6.53%.
Dive into CVLG's earnings and revenue performance here.
Are CVLG insiders buying or selling the stock?
In the last 12 months, executives and large shareholders at CVLG have sold more shares than they have bought.
Matisse Long, Chief Accounting Officer of CVLG, was the latest CVLG insider to sell. They sold $61,210.87 worth of CVLG shares on Jan 28, 2025.
Learn more about who owns CVLG stock here.
Does CVLG provide a stable income stream?
Covenant Logistics Group pays a dividend of 1.28%, compared to the Trucking industry's average dividend yield of 1.35%. If you owned $1,000 worth of CVLG stock, you would have been paid $12.81 last year.
Covenant Logistics Group dividend payments have consistently grown over the past 7 years and have remained stable.
Find more info about Covenant Logistics Group dividend yield and history here.
Get opinions from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your CVLG purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.
Hit the Open Trade button and your broker will place your order.
If you want additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your investment in CVLG
Now that you own some shares in CVLG, you'll want to keep up with your shares.
Add CVLG to a watchlist to track the latest developments regarding your CVLG stock.
CVLG Feed
How to Buy Stock in Covenant Logistics Group
To reiterate, here are the 6 steps to buy Covenant Logistics Group stock:
- Figure out where to buy Covenant Logistics Group stock
- Sign up for a brokerage account
- Fund your brokerage account
- Evaluate Covenant Logistics Group stock
- Make your CVLG purchase
- Watch your investment in CVLG
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Covenant Logistics Group, create your watchlist below.
Other Articles You May Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.