Old Dominion Freight Line (ODFL) Stock Price, News & Analysis

Company Overview

Old Dominion Freight Line, Inc. (NASDAQ: ODFL) is a premier less-than-truckload (LTL) carrier providing regional, interregional and national freight transportation services throughout the United States. The company focuses on time-definite delivery for shipments ranging from a single pallet to multiple pallets, catering to industries such as manufacturing, retail, automotive and healthcare. With a commitment to reliability and efficiency, Old Dominion leverages proprietary routing software and dedicated customer support to ensure consistent on-time performance and end-to-end visibility.

The company’s service portfolio extends beyond standard LTL offerings to include expedited delivery, guaranteed service options and volume LTL solutions tailored for shippers with higher freight density. Old Dominion also provides specialized handling for temperature-sensitive, hazardous and high-value goods, supported by a fleet of modern tractors and trailers equipped with real-time tracking devices. Through its online shipment management platform, customers can access rate quotes, schedule pickups and monitor transit progress in real time.

Old Dominion’s operational network comprises more than 240 service centers and distribution hubs, organized under a hub-and-spoke model that streamlines freight consolidation and linehaul operations. While the company’s core market is the continental U.S., it offers cross-border transportation services to Canada and Mexico and partners with international carriers for global freight forwarding and customs brokerage. Value-added services such as warehousing, inventory management and supply chain consulting further enhance its end-to-end logistics capabilities.

Founded in 1934 in Richmond, Virginia, Old Dominion has grown from a small regional hauler into one of the largest LTL carriers in North America. Headquartered in Thomasville, North Carolina, the company went public in 1991 and has since earned a reputation for operational excellence and strong customer satisfaction. Under the leadership of President and Chief Executive Officer Greg C. Gantt, Old Dominion continues to invest in network expansion, technology upgrades and employee training, maintaining a workforce of professional drivers, dock personnel and logistics specialists committed to the company’s service-driven culture.

Key Stats

• Today's Range: $169.77 to $172.62
• 50-Day Range: $146.74 to $176.07
• 52-Week Range: $144.90 to $233.26
• Volume: 1.37 million shs
• Average Volume: 1.65 million shs
• Market Capitalization: $36.15 billion
• P/E Ratio: 32.10
• Dividend Yield: 0.65%
• Price Target: $174.55
• Consensus Rating: Hold

Old Dominion Freight Line Stock Analysis - MarketRank™

Old Dominion Freight Line scored higher than 75% of companies evaluated by MarketBeat, and ranked 160th out of 372 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Old Dominion Freight Line has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 7 buy ratings, 14 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Old Dominion Freight Line has been the subject of 17 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 17.78%

Earnings Growth

Earnings for Old Dominion Freight Line are expected to grow by 17.78% in the coming year, from $5.68 to $6.69 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Old Dominion Freight Line is 32.10, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.57.

Price to Earnings Ratio vs. Sector

The P/E ratio of Old Dominion Freight Line is 32.10, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 12.88.

Price to Earnings Growth Ratio

Old Dominion Freight Line has a PEG Ratio of 3.50. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Old Dominion Freight Line has a P/B Ratio of 8.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.52% of the float of Old Dominion Freight Line has been sold short.

Short Interest Ratio / Days to Cover

Old Dominion Freight Line has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Old Dominion Freight Line has recently decreased by 1.32%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Old Dominion Freight Line has a dividend yield of 0.66%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Old Dominion Freight Line has been increasing its dividend for 5 years.

Dividend Coverage

The dividend payout ratio of Old Dominion Freight Line is 21.01%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Old Dominion Freight Line will have a dividend payout ratio of 16.74% next year. This indicates that Old Dominion Freight Line will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -5.90

Percentage of Shares Shorted

5.52% of the float of Old Dominion Freight Line has been sold short.

Short Interest Ratio / Days to Cover

Old Dominion Freight Line has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Old Dominion Freight Line has recently decreased by 1.32%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.99

News Sentiment

Old Dominion Freight Line has a news sentiment score of 0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 31 news articles for Old Dominion Freight Line this week, compared to 19 articles on an average week.

Search Interest

Only 1 people have searched for ODFL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

5 people have added Old Dominion Freight Line to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Old Dominion Freight Line insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 10.00% of the stock of Old Dominion Freight Line is held by insiders.

Percentage Held by Institutions

77.82% of the stock of Old Dominion Freight Line is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ODFL Stock Analysis - Frequently Asked Questions

How have ODFL shares performed this year?

Old Dominion Freight Line's stock was trading at $176.40 on January 1st, 2025. Since then, ODFL shares have decreased by 3.0% and is now trading at $171.08.

How were Old Dominion Freight Line's earnings last quarter?

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) posted its quarterly earnings results on Wednesday, April, 23rd. The transportation company reported $1.19 EPS for the quarter, topping the consensus estimate of $1.14 by $0.05. The firm's revenue for the quarter was down 5.8% on a year-over-year basis.
Read the conference call transcript.

When did Old Dominion Freight Line's stock split?

Old Dominion Freight Line's stock split on Thursday, March 28th 2024.The 2-1 split was announced on Friday, February 16th 2024. The newly minted shares were issued to shareholders after the closing bell on Wednesday, March 27th 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Is Old Dominion Freight Line buying back stock?

Old Dominion Freight Line's board initiated a stock buyback program on Wednesday, July 26th 2023, which permits the company to buy back $3,000,000,000 in shares, according to EventVestor. This means that the company could purchase up to 6.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board believes its shares are undervalued.

Who are Old Dominion Freight Line's major shareholders?

Old Dominion Freight Line's top institutional investors include Harbor Investment Advisory LLC. Insiders that own company stock include David S Congdon, Greg C Gantt, David J Bates, John D Kasarda, Bradley R Gabosch, Leo H Suggs, Thomas A Stith III and Steven W Hartsell.
View institutional ownership trends.

How do I buy shares of Old Dominion Freight Line?

Shares of ODFL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Old Dominion Freight Line own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Old Dominion Freight Line investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), NVIDIA (NVDA), The RMR Group (RMR) and TotalEnergies (TTE).

Company Calendar

• Last Earnings: 4/23/2025
• Record date for 6/18 Dividend: 6/04/2025
• Ex-Dividend for 6/18 Dividend: 6/04/2025
• Dividend Payable: 6/18/2025
• Today: 7/04/2025
• Next Earnings (Estimated): 7/23/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: TRANS - TRUCK
• Sub-Industry: Trucking
• Current Symbol: NASDAQ:ODFL
• CIK: 878927
• Web: www.odfl.com
• Phone: (336) 889-5000
• Fax: 336-822-5239
• Employees: 21,895
• Year Founded: 1934

Price Target and Rating

• Average Stock Price Target: $174.55
• High Stock Price Target: $236.00
• Low Stock Price Target: $102.00
• Potential Upside/Downside: +2.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.27
• Research Coverage: 22 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.33
• Trailing P/E Ratio: 32.10
• Forward P/E Ratio: 30.12
• P/E Growth: 3.5
• Net Income: $1.19 billion
• Net Margins: 20.04%
• Pretax Margin: 26.24%
• Return on Equity: 27.40%
• Return on Assets: 21.12%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 1.32
• Quick Ratio: 1.32

Sales & Book Value

• Annual Sales: $5.81 billion
• Price / Sales: 6.22
• Cash Flow: $7.22 per share
• Price / Cash Flow: 23.69
• Book Value: $19.88 per share
• Price / Book: 8.61

Miscellaneous

• Outstanding Shares: 211,320,000
• Free Float: 190,193,000
• Market Cap: $36.15 billion
• Optionable: Optionable
• Beta: 1.25