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

Company Overview

Old Dominion Freight Line is a U.S.-based less-than-truckload (LTL) transportation company that provides regional, inter-regional and national freight services. Founded in 1934 and headquartered in Thomasville, North Carolina, the company has grown from a regional carrier into a national freight network, operating a broad system of service centers and terminals to move shipments for shippers of varying sizes and industries.

The company’s core business is LTL trucking, offering scheduled pickup and delivery for palletized freight that does not require a full truckload. In support of its transportation operations, Old Dominion provides related logistics and freight management services designed to optimize supply chains, including shipment tracking, operational support and claims management. The carrier emphasizes on-time performance and network density to serve time-sensitive and freight-consolidation needs for customers.

Old Dominion serves shippers across a wide range of industries throughout the United States and coordinates with partner networks for broader international movement when required. As a publicly traded company (NASDAQ: ODFL), it operates under a centralized operating model focused on service quality, operational efficiency and safety. The company’s business model centers on maintaining a modern terminal and linehaul network, investments in technology for routing and tracking, and continuous operational improvements to support commercial customers and logistics partners.

Key Stats

• Today's Range: $197.72 to $203.10
• 50-Day Range: $176.24 to $224.42
• 52-Week Range: $126.01 to $233.79
• Volume: 1.64 million shs
• Average Volume: 2.01 million shs
• Market Capitalization: $41.25 billion
• P/E Ratio: 41.44
• Dividend Yield: 0.59%
• Price Target: $206.46
• Consensus Rating: Hold

Old Dominion Freight Line Stock Analysis - MarketRank™

Old Dominion Freight Line scored higher than 71% of companies evaluated by MarketBeat, and ranked 43rd out of 129 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: 2.5 / 5
• Analyst Rating: Hold

Consensus Rating

Old Dominion Freight Line has received a consensus rating of Hold. The company's average rating score is 2.23, and is based on no strong buy ratings, 8 buy ratings, 16 hold ratings, and 2 sell ratings.

Upside/Downside

The consensus price target for Old Dominion Freight Line is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Old Dominion Freight Line has been the subject of 21 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 17.29%

Earnings Growth

Earnings for Old Dominion Freight Line are expected to grow by 17.29% in the coming year, from $5.32 to $6.24 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Old Dominion Freight Line is 41.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Old Dominion Freight Line is 41.44, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 22.16.

Price to Earnings Growth Ratio

Old Dominion Freight Line has a PEG Ratio of 4.01. 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 9.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.12% 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 6.32.

Change versus previous month

Short interest in Old Dominion Freight Line has recently decreased by 7.89%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Old Dominion Freight Line has a dividend yield of 0.60%, 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 24.27%. 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 18.59% next year. This indicates that Old Dominion Freight Line will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.05

News Sentiment

Old Dominion Freight Line has a news sentiment score of 1.05. 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 0.53 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 20 news articles for Old Dominion Freight Line this week, compared to 8 articles on an average week.

Search Interest

Only 2 people have searched for ODFL on MarketBeat in the last 30 days. This is a decrease of -78% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Old Dominion Freight Line to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

Company Ownership

• Score: 1.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Old Dominion Freight Line insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $19,874,065.00 in company stock.

Percentage Held by Insiders

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 $156.80 on January 1st, 2026. Since then, ODFL shares have increased by 26.3% and is now trading at $198.06.

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

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) issued its quarterly earnings results on Wednesday, April, 29th. The transportation company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.09. Old Dominion Freight Line's revenue was down 2.9% 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 the morning of Thursday, March 28th 2024.The 2-1 split was announced on Friday, February 16th 2024. The newly minted shares were distributed to shareholders after the market closes on Wednesday, March 27th 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Who are Old Dominion Freight Line's major shareholders?

Top institutional shareholders of Old Dominion Freight Line include Bank of New York Mellon Corp (2.04%), Dimensional Fund Advisors LP (0.53%), California Public Employees Retirement System (0.41%) and Principal Financial Group Inc. (0.29%). Insiders that own company stock include Earl E Congdon, David S Congdon, Greg C Gantt, 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

• Record date for 3/18 Dividend: 3/04/2026
• Ex-Dividend for 3/18 Dividend: 3/04/2026
• Dividend Payable: 3/18/2026
• Last Earnings: 4/29/2026
• Today: 5/07/2026
• Fiscal Year End: 12/31/2026

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: 20,591
• Year Founded: 1934

Price Target and Rating

• Average Price Target for Old Dominion Freight Line: $206.46
• High Price Target: $240.00
• Low Price Target: $102.00
• Potential Upside/Downside: +4.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.23
• Research Coverage: 26 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.78
• Trailing P/E Ratio: 41.44
• Forward P/E Ratio: 37.23
• P/E Growth: 4.11
• Net Income: $1.02 billion
• Net Margins: 18.46%
• Pretax Margin: 24.57%
• Return on Equity: 23.42%
• Return on Assets: 18.15%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.57
• Quick Ratio: 1.44

Sales & Book Value

• Annual Sales: $5.50 billion
• Price / Sales: 7.51
• Cash Flow: $6.56 per share
• Price / Cash Flow: 30.21
• Book Value: $21.12 per share
• Price / Book: 9.38

Miscellaneous

• Outstanding Shares: 208,290,000
• Free Float: 187,463,000
• Market Cap: $41.25 billion
• Optionable: Optionable
• Beta: 1.17