Old Dominion Freight Line (ODFL) Expected to Post Quarterly Earnings on Wednesday

Key Points

• Old Dominion Freight Line is expected to report Q3 2026 results before the market opens on October 28. Analysts forecast earnings of $1.61 per share on $1.57 billion in revenue; the earnings call is scheduled for 10:00 a.m. ET.
• The company’s previous quarter exceeded expectations, with EPS of $1.68 versus the $1.54 consensus and revenue of $1.55 billion, up 10.4% year over year.
• Analyst sentiment is mixed, with an overall “Hold” rating and an average price target of $223.48. ODFL recently paid a $0.29 quarterly dividend, equivalent to a 0.6% yield.

Old Dominion Freight Line (NASDAQ:ODFL - Get Free Report) is expected to release its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect the company to announce earnings of $1.61 per share and revenue of $1.57 billion for the quarter. Investors may visit the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 10:00 AM ET.

Old Dominion Freight Line (NASDAQ:ODFL - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The transportation company reported $1.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.54 by $0.14. Old Dominion Freight Line had a net margin of 19.44% and a return on equity of 24.87%. The firm had revenue of $1.55 billion during the quarter, compared to analysts' expectations of $1.54 billion. During the same period in the prior year, the company posted $1.27 earnings per share. The company's revenue for the quarter was up 10.4% compared to the same quarter last year. On average, analysts expect Old Dominion Freight Line to post $5.86 EPS for the current fiscal year and $6.73 EPS for the next fiscal year.

Old Dominion Freight Line Stock Performance

Shares of ODFL stock opened at $188.33 on Wednesday. The firm has a market capitalization of $39.05 billion, a PE ratio of 36.29, a PEG ratio of 3.09 and a beta of 1.20. The stock has a fifty day simple moving average of $187.66 and a two-hundred day simple moving average of $207.58. Old Dominion Freight Line has a 52-week low of $126.01 and a 52-week high of $252.03.

Old Dominion Freight Line Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd were paid a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 0.6%. The ex-dividend date was Wednesday, September 2nd. Old Dominion Freight Line's dividend payout ratio is presently 22.35%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on ODFL shares. Wells Fargo & Company upgraded shares of Old Dominion Freight Line from an "underweight" rating to an "overweight" rating and lifted their price objective for the company from $235.00 to $250.00 in a research report on Wednesday, July 8th. Weiss Ratings downgraded shares of Old Dominion Freight Line from a "hold (c+)" rating to a "hold (c)" rating in a research note on Tuesday, August 25th. Jefferies Financial Group reaffirmed a "hold" rating and issued a $227.00 price objective (down from $250.00) on shares of Old Dominion Freight Line in a research note on Thursday, July 30th. UBS Group restated a "neutral" rating and issued a $228.00 target price (up from $224.00) on shares of Old Dominion Freight Line in a report on Thursday, July 30th. Finally, Wall Street Zen upgraded Old Dominion Freight Line from a "hold" rating to a "buy" rating in a report on Saturday. Ten equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Old Dominion Freight Line has an average rating of "Hold" and an average target price of $223.48.

Insider Transactions at Old Dominion Freight Line

In other news, SVP Cecil Overbey, Jr. sold 19,952 shares of Old Dominion Freight Line stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $198.39, for a total value of $3,958,277.28. Following the transaction, the senior vice president directly owned 22,746 shares in the company, valued at approximately $4,512,578.94. This trade represents a 46.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 8.20% of the company's stock.

Old Dominion Freight Line Company Profile

Old Dominion Freight Line, Inc is a transportation company specializing in less-than-truckload (LTL) freight services. It transports shipments that do not require a full truck, serving business customers across a range of industries with regional, interregional and national freight transportation.

The company's services include pickup and delivery, expedited transportation, container drayage and supply-chain solutions. Old Dominion also provides shipment tracking and other technology-enabled tools designed to support freight visibility and customer logistics management.

Founded in 1934 by Earl Congdon, Old Dominion Freight Line is headquartered in Thomasville, North Carolina.

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