Covenant Logistics Group (FRA:CV5) Float Percentage Of Total Shares Outstanding: 68.28% (As of Jul. 04, 2026)


FRA:CV5 Covenant Logistics Group Inc FRA:CV5
68 GF Score
Price €38.40
GF Value €23.72
! 10 Warning Signs
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What is Covenant Logistics Group Float Percentage Of Total Shares Outstanding?

Covenant Logistics Group FRA:CV5 -2.04% 68 Float Percentage Of Total Shares Outstanding is 68.28% as of Jul. 04, 2026. GuruFocus rates FRA:CV5 with a GF Score™ of 68/100 and a GF Value™ of €23.72. The stock has 10 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Covenant Logistics Group's float shares is 17.19 Mil. Covenant Logistics Group's total shares outstanding is 25.17 Mil. Covenant Logistics Group's float percentage of total shares outstanding is 68.28%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Covenant Logistics Group's Insider Ownership is 0.00%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Covenant Logistics Group's Institutional Ownership is 44.49%.

FRA:CV5
68GF Score
Covenant Logistics Group Inc FRA:CV5
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Covenant Logistics Group Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

Covenant Logistics Group's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=17.19/25.17
=68.28%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 68.28% mean?
Covenant Logistics Group (FRA:CV5) has a Float Percentage Of Total Shares Outstanding of 68.28% as of Jul. 04, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Covenant Logistics Group and its competitors.
Is Covenant Logistics Group's Float Percentage Of Total Shares Outstanding too high?
Covenant Logistics Group's current Float Percentage Of Total Shares Outstanding is 68.28%. Overall, Covenant Logistics Group has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Covenant Logistics Group's Float Percentage Of Total Shares Outstanding compare to HTLD and MRTN?
Covenant Logistics Group's Float Percentage Of Total Shares Outstanding of 68.28% can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for a Transportation company?
A good Float Percentage Of Total Shares Outstanding depends on the Transportation industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Covenant Logistics Group and its competitors. Covenant Logistics Group's current Float Percentage Of Total Shares Outstanding is 68.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covenant Logistics Group stock overvalued right now?
Covenant Logistics Group (FRA:CV5) has a current Float Percentage Of Total Shares Outstanding of 68.28%. The stock's GF Value™ is €23.72, compared to a current price of €38.40 — trading 61.9% above its estimated fair value. The current Float Percentage Of Total Shares Outstanding is 68.28%. Covenant Logistics Group's overall GF Score™ is 68/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For Covenant Logistics Group (FRA:CV5), the current Float Percentage Of Total Shares Outstanding is 68.28% as of Jul. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Covenant Logistics Group (FRA:CV5) Overvalued in 2026?

Based on GuruFocus' analysis, Covenant Logistics Group stock appears to be overvalued. The current stock price of €38.40 is trading 61.9% above its estimated GF Value™ of €23.72.

Key valuation signals for FRA:CV5:

  • Float Percentage Of Total Shares Outstanding: 68.28%
  • GF Value™: €23.72 vs. price of €38.40 (61.9% above fair value)
  • GF Score™: 68/100 with 10 warning signs

No single metric tells the full story. See the FRA:CV5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Covenant Logistics Group Business Description

Other Exchanges CVLG:USA
Address 400 Birmingham Highway, Chattanooga, TN, USA, 37419
Covenant Logistics Group Inc together with its wholly-owned subsidiaries, offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight, and Warehousing. The expedited segment provides truckload services to customers with high service freight and delivery standards. Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length. The Managed Freight segment includes brokerage services and TMS. The warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function.
68GF Score

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Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€38.40
Price
€23.72
GF Value