Covenant Logistics Group Adopts 2026 Executive Bonus Plan

Covenant Logistics Group ( (CVLG) ) has provided an update.

On December 16, 2025, Covenant Logistics Group’s board compensation committee approved a new short-term cash incentive plan for its named executive officers, effective January 1, 2026, setting bonus targets as a percentage of year-end annualized base salary at 100% for CEO David R. Parker and President M. Paul Bunn, 70% for James S. Grant, and 60% for Dustin Koehl and Joey Ballard. Under the 2026 Senior Executive Bonus Program, executives can earn up to 150% of their bonus targets based on achieving adjusted earnings per share objectives and up to an additional 25% tied to the completion of strategic projects, aligning leadership compensation more closely with financial performance and key strategic initiatives.

The most recent analyst rating on (CVLG) stock is a Buy with a $31.00 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 strong revenue growth but is tempered by declining profitability margins and cash flow challenges. Technical indicators show short-term bullish momentum, while valuation metrics suggest the stock is fairly valued. The earnings call highlighted significant operational challenges and increased indebtedness, contributing to a cautious outlook.

To see Spark’s full report on CVLG stock, click here.

More about Covenant Logistics Group

Covenant Logistics Group, Inc. is a Nevada-based transportation and logistics company that operates in the trucking and logistics services industry, providing freight transportation and related solutions to shippers across its markets.

Average Trading Volume: 118,478

Technical Sentiment Signal: Buy

Current Market Cap: $566.6M

See more data about CVLG stock on TipRanks’ Stock Analysis page.