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Covenant Logistics Group (CVLG) Competitors

Covenant Logistics Group logo
$17.63 -1.38 (-7.26%)
As of 03:57 PM Eastern

CVLG vs. HAFN, DHT, SBLK, CMBT, DESP, GEL, INSW, ZIM, ARCB, and TRMD

Should you be buying Covenant Logistics Group stock or one of its competitors? The main competitors of Covenant Logistics Group include Hafnia (HAFN), DHT (DHT), Star Bulk Carriers (SBLK), Euronav (CMBT), Despegar.com (DESP), Genesis Energy (GEL), International Seaways (INSW), ZIM Integrated Shipping Services (ZIM), ArcBest (ARCB), and TORM (TRMD). 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 contrast the two companies based on the strength of their valuation, risk, profitability, institutional ownership, community ranking, analyst recommendations, dividends, media sentiment and earnings.

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 target price of $6.50, suggesting a potential upside of 57.58%. Covenant Logistics Group has a consensus target price of $35.25, suggesting a potential upside of 85.85%. Given Covenant Logistics Group's higher probable upside, analysts clearly believe Covenant Logistics Group is more favorable than Hafnia.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hafnia
0 Sell rating(s)
0 Hold rating(s)
1 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

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$2.87B0.73$793.28M$1.512.73
Covenant Logistics Group$1.13B0.45$35.92M$1.2914.70

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

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 $0.11 per share and has a dividend yield of 2.7%. Covenant Logistics Group pays an annual dividend of $0.28 per share and has a dividend yield of 1.5%. Hafnia pays out 7.3% of its earnings in the form of a dividend. Covenant Logistics Group pays out 21.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Hafnia is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Hafnia had 5 more articles in the media than Covenant Logistics Group. MarketBeat recorded 8 mentions for Hafnia and 3 mentions for Covenant Logistics Group. Covenant Logistics Group's average media sentiment score of 0.64 beat Hafnia's score of 0.44 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
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Covenant Logistics Group
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Hafnia beats Covenant Logistics Group on 11 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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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.
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CVLG vs. The Competition

MetricCovenant Logistics GroupTrucking, except local IndustryTransportation SectorNASDAQ Exchange
Market Cap$503.57M$5.50B$285.39B$7.57B
Dividend Yield1.43%1.36%4.26%4.32%
P/E Ratio14.6523.6712.8017.82
Price / Sales0.451.14197.7394.61
Price / Cash5.3510.0711.6934.64
Price / Book1.232.311.764.00
Net Income$35.92M$207.92M$544.29M$247.23M
7 Day Performance-8.17%-7.82%-0.17%1.44%
1 Month Performance-16.50%-11.33%-9.48%-6.26%
1 Year Performance-15.55%-30.32%-11.48%0.59%

Covenant Logistics Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVLG
Covenant Logistics Group
4.3354 of 5 stars
$17.63
-7.3%
$35.25
+99.9%
-15.8%$468.08M$1.13B13.614,610Upcoming Earnings
News Coverage
High Trading Volume
HAFN
Hafnia
3.924 of 5 stars
$3.95
+8.1%
$8.25
+109.1%
-44.6%$2.00B$2.87B2.325,040
DHT
DHT
4.359 of 5 stars
$10.20
+7.9%
$12.68
+24.3%
-12.3%$1.64B$571.77M9.1020News Coverage
Positive News
SBLK
Star Bulk Carriers
4.0647 of 5 stars
$13.89
+6.2%
$22.05
+58.7%
-41.3%$1.63B$1.27B4.84180High Trading Volume
CMBT
Euronav
N/A$8.19
+1.1%
N/AN/A$1.59B$940.25M1.383,150
DESP
Despegar.com
1.9112 of 5 stars
$19.03
+0.6%
$17.20
-9.6%
+64.2%$1.59B$720.99M0.003,820Short Interest ↑
High Trading Volume
GEL
Genesis Energy
2.1318 of 5 stars
$12.75
-4.0%
$16.50
+29.5%
+16.8%$1.56B$2.97B-10.282,110Dividend Announcement
Short Interest ↑
INSW
International Seaways
4.534 of 5 stars
$31.70
+10.2%
$57.50
+81.4%
-40.1%$1.56B$951.61M3.061,800Positive News
High Trading Volume
ZIM
ZIM Integrated Shipping Services
1.8252 of 5 stars
$12.81
+2.3%
$13.54
+5.7%
+35.1%$1.54B$8.43B1.075,930Analyst Forecast
Short Interest ↑
ARCB
ArcBest
4.8461 of 5 stars
$60.80
-4.4%
$107.00
+76.0%
-59.6%$1.41B$4.18B8.2915,700News Coverage
High Trading Volume
TRMD
TORM
3.4554 of 5 stars
$14.85
+6.3%
$40.00
+169.4%
-54.2%$1.40B$1.56B1.92440Positive News
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This page (NASDAQ:CVLG) was last updated on 4/16/2025 by MarketBeat.com Staff
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