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Covenant Logistics Group ( (CVLG) ) has issued an announcement.
On August 11, 2025, Matisse Long resigned as the Chief Accounting Officer of Covenant Logistics Group, Inc., and the Board of Directors appointed James ‘Tripp’ S. Grant as the new principal accounting officer, effective immediately. Additionally, on August 12, 2025, the Board declared a quarterly cash dividend of $0.07 per share for Class A and Class B common stock, payable on September 26, 2025, to stockholders of record as of September 5, 2025, continuing a previously approved dividend program.
The most recent analyst rating on (CVLG) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Covenant Logistics Group stock, see the CVLG Stock Forecast page.
Spark’s Take on CVLG Stock
According to Spark, TipRanks’ AI Analyst, CVLG is a Neutral.
Covenant Logistics Group’s overall stock score reflects a stable financial position with areas for improvement in profitability and cash management. Technical indicators suggest a neutral to slightly bearish trend, while valuation metrics indicate the stock is fairly valued. The earnings call provided a balanced view of growth prospects and challenges, contributing to a moderate overall score.
To see Spark’s full report on CVLG stock, click here.
More about Covenant Logistics Group
Covenant Logistics Group, Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout the United States. Primary services include asset-based expedited and dedicated truckload capacity, as well as asset-light warehousing, transportation management, and freight brokerage capability. An affiliated company, Transport Enterprise Leasing, provides revenue equipment sales and leasing services to the trucking industry. Covenant’s Class A common stock is traded on the New York Stock Exchange under the symbol, ‘CVLG.’
Average Trading Volume: 132,027
Technical Sentiment Signal: Buy
Current Market Cap: $644.2M
See more data about CVLG stock on TipRanks’ Stock Analysis page.