Free Trial

Covenant Logistics Group (CVLG) Competitors

Covenant Logistics Group logo
$25.57 -0.51 (-1.96%)
Closing price 02/21/2025 03:59 PM Eastern
Extended Trading
$25.55 -0.02 (-0.08%)
As of 02/21/2025 05:01 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

CVLG vs. HAFN, ZIM, ARCB, DKL, ULCC, CMBT, INSW, TRMD, DHT, and BWLP

Should you be buying Covenant Logistics Group stock or one of its competitors? The main competitors of Covenant Logistics Group include Hafnia (HAFN), ZIM Integrated Shipping Services (ZIM), ArcBest (ARCB), Delek Logistics Partners (DKL), Frontier Group (ULCC), Euronav (CMBT), International Seaways (INSW), TORM (TRMD), DHT (DHT), and BW LPG (BWLP). These companies are all part of the "transportation" industry.

Covenant Logistics Group vs.

Hafnia (NYSE:HAFN) and Covenant Logistics Group (NASDAQ:CVLG) are both transportation companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, dividends, community ranking, profitability, analyst recommendations, valuation, risk, institutional ownership and media sentiment.

83.7% of Covenant Logistics Group shares are held by institutional investors. 36.5% of Covenant Logistics Group shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Hafnia has higher revenue and earnings than Covenant Logistics Group. Hafnia is trading at a lower price-to-earnings ratio than Covenant Logistics Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hafnia$1.92B1.33$793.28M$1.702.97
Covenant Logistics Group$1.13B0.60$35.92M$1.2919.75

Hafnia has a net margin of 53.44% compared to Covenant Logistics Group's net margin of 3.17%. Hafnia's return on equity of 36.90% beat Covenant Logistics Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Hafnia53.44% 36.90% 22.38%
Covenant Logistics Group 3.17%13.04%5.56%

Hafnia currently has a consensus price target of $8.25, indicating a potential upside of 63.53%. Covenant Logistics Group has a consensus price target of $35.25, indicating a potential upside of 37.86%. Given Hafnia's higher probable upside, research analysts plainly believe Hafnia is more favorable than Covenant Logistics Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hafnia
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Covenant Logistics Group
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Covenant Logistics Group received 14 more outperform votes than Hafnia when rated by MarketBeat users. However, 100.00% of users gave Hafnia an outperform vote while only 43.59% of users gave Covenant Logistics Group an outperform vote.

CompanyUnderperformOutperform
HafniaOutperform Votes
3
100.00%
Underperform Votes
No Votes
Covenant Logistics GroupOutperform Votes
17
43.59%
Underperform Votes
22
56.41%

Hafnia pays an annual dividend of $1.52 per share and has a dividend yield of 30.1%. Covenant Logistics Group pays an annual dividend of $0.22 per share and has a dividend yield of 0.9%. Hafnia pays out 89.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Covenant Logistics Group pays out 17.0% of its earnings in the form of a dividend.

In the previous week, Hafnia had 2 more articles in the media than Covenant Logistics Group. MarketBeat recorded 5 mentions for Hafnia and 3 mentions for Covenant Logistics Group. Covenant Logistics Group's average media sentiment score of 1.04 beat Hafnia's score of 0.21 indicating that Covenant Logistics Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hafnia
1 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Covenant Logistics Group
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Hafnia beats Covenant Logistics Group on 11 of the 17 factors compared between the two stocks.

Get Covenant Logistics Group News Delivered to You Automatically

Sign up to receive the latest news and ratings for CVLG and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

CVLG vs. The Competition

MetricCovenant Logistics GroupTrucking, except local IndustryTransportation SectorNASDAQ Exchange
Market Cap$687.45M$7.01B$305.18B$9.14B
Dividend Yield0.84%1.09%4.36%3.85%
P/E Ratio13.2025.1512.1614.95
Price / Sales0.601.3756.9870.76
Price / Cash5.3510.1012.4135.17
Price / Book1.662.772.034.65
Net Income$35.92M$207.92M$552.84M$245.69M
7 Day Performance-5.03%-5.87%-2.31%-2.68%
1 Month Performance-9.50%-14.04%-3.00%-2.16%
1 Year Performance-1.10%-21.56%2.15%12.90%

Covenant Logistics Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVLG
Covenant Logistics Group
4.5331 of 5 stars
$25.57
-2.0%
$35.25
+37.9%
-1.4%$687.45M$1.13B19.754,600Dividend Increase
Positive News
HAFN
Hafnia
3.6224 of 5 stars
$5.13
-0.3%
$8.25
+61.0%
N/A$2.60B$1.92B3.015,040News Coverage
ZIM
ZIM Integrated Shipping Services
1.3983 of 5 stars
$20.13
+2.3%
$15.04
-25.3%
+68.0%$2.42B$5.16B1.694,778
ARCB
ArcBest
4.4763 of 5 stars
$94.56
-0.5%
$118.91
+25.7%
-38.6%$2.21B$4.18B12.9015,000
DKL
Delek Logistics Partners
1.3467 of 5 stars
$41.83
+1.6%
$44.25
+5.8%
-12.2%$2.15B$1.02B14.832,020Upcoming Earnings
ULCC
Frontier Group
2.2311 of 5 stars
$8.85
+3.9%
$7.41
-16.3%
+8.8%$1.99B$3.78B-221.197,235
CMBT
Euronav
N/A$9.94
-5.2%
N/AN/A$1.93B$1.24B1.683,216Gap Up
High Trading Volume
INSW
International Seaways
4.3834 of 5 stars
$38.16
-2.2%
$60.67
+59.0%
-28.6%$1.88B$1.07B3.692,698Upcoming Earnings
News Coverage
Gap Up
TRMD
TORM
3.6767 of 5 stars
$19.20
-1.8%
$40.00
+108.3%
-43.3%$1.80B$1.52B2.48440
DHT
DHT
4.0682 of 5 stars
$11.18
+0.6%
$12.68
+13.4%
+0.0%$1.80B$571.77M9.981,212Ex-Dividend
Gap Up
BWLP
BW LPG
N/A$12.69
-1.3%
N/AN/A$1.67B$3.60B0.001,546Upcoming Earnings
High Trading Volume

Related Companies and Tools


This page (NASDAQ:CVLG) was last updated on 2/22/2025 by MarketBeat.com Staff
From Our Partners