Old Dominion Freight Line (NASDAQ:ODFL - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $1.31 per share and revenue of $1.43 billion for the quarter.
Old Dominion Freight Line (NASDAQ:ODFL - Get Free Report) last released its earnings results on Wednesday, April 23rd. The transportation company reported $1.19 earnings per share for the quarter, topping analysts' consensus estimates of $1.14 by $0.05. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.38 billion. Old Dominion Freight Line had a return on equity of 27.40% and a net margin of 20.04%. The firm's quarterly revenue was down 5.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.34 earnings per share. On average, analysts expect Old Dominion Freight Line to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Old Dominion Freight Line Trading Up 2.2%
ODFL stock opened at $166.89 on Wednesday. The business has a fifty day moving average of $164.13 and a 200-day moving average of $170.04. The company has a market cap of $35.27 billion, a P/E ratio of 31.31, a PEG ratio of 3.29 and a beta of 1.25. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.01. Old Dominion Freight Line has a twelve month low of $144.90 and a twelve month high of $233.26.
Old Dominion Freight Line Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th were issued a $0.28 dividend. The ex-dividend date was Wednesday, June 4th. This represents a $1.12 dividend on an annualized basis and a yield of 0.67%. Old Dominion Freight Line's dividend payout ratio is presently 21.01%.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Old Dominion Freight Line stock. Brighton Jones LLC lifted its holdings in Old Dominion Freight Line, Inc. (NASDAQ:ODFL - Free Report) by 5.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,559 shares of the transportation company's stock after acquiring an additional 79 shares during the period. Brighton Jones LLC's holdings in Old Dominion Freight Line were worth $275,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 77.82% of the company's stock.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on ODFL shares. JPMorgan Chase & Co. reduced their price objective on Old Dominion Freight Line from $158.00 to $146.00 and set a "neutral" rating for the company in a research report on Tuesday, July 8th. Wells Fargo & Company increased their price target on Old Dominion Freight Line from $150.00 to $160.00 and gave the company an "underweight" rating in a research report on Monday, July 7th. Morgan Stanley set a $185.00 price target on Old Dominion Freight Line in a research report on Wednesday, April 2nd. Truist Financial increased their price target on Old Dominion Freight Line from $175.00 to $180.00 and gave the company a "buy" rating in a research report on Monday, June 30th. Finally, Stephens reissued an "overweight" rating and set a $180.00 price target (down from $200.00) on shares of Old Dominion Freight Line in a research report on Thursday, April 24th. One investment analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $174.45.
View Our Latest Stock Analysis on ODFL
Old Dominion Freight Line Company Profile
(
Get Free Report)
Old Dominion Freight Line, Inc operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting.
Further Reading
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