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Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
With oil prices slumping, OPEC+ producers weigh more production cuts
Laser breakthrough could send stock soaring 2,467% (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Laser breakthrough could send stock soaring 2,467% (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
With oil prices slumping, OPEC+ producers weigh more production cuts
Laser breakthrough could send stock soaring 2,467% (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Laser breakthrough could send stock soaring 2,467% (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
With oil prices slumping, OPEC+ producers weigh more production cuts
Laser breakthrough could send stock soaring 2,467% (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Laser breakthrough could send stock soaring 2,467% (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
NASDAQ:ODFL

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

$319.67
+2.02 (+0.64%)
(As of 06/2/2023 ET)
Compare
Today's Range
$316.19
$324.62
50-Day Range
$298.43
$354.44
52-Week Range
$231.70
$381.81
Volume
927,684 shs
Average Volume
769,887 shs
Market Capitalization
$35.05 billion
P/E Ratio
26.29
Dividend Yield
0.50%
Price Target
$333.89

Old Dominion Freight Line MarketRank™ Forecast

Analyst Rating
Hold
2.18 Rating Score
Upside/​Downside
4.4% Upside
$333.89 Price Target
Short Interest
Bearish
5.26% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.90
Upright™ Environmental Score
News Sentiment
-0.08mentions of Old Dominion Freight Line in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
16.62%
From $10.83 to $12.63 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.75 out of 5 stars

Transportation Sector

96th out of 120 stocks

Trucking, Except Local Industry

11th out of 15 stocks


ODFL stock logo

About Old Dominion Freight Line (NASDAQ:ODFL) Stock

Old Dominion Freight Line, Inc. engages in the provision of regional, inter-regional, and national less-than-truckload services through a single integrated, union-free organization. Its services include container drayage, truckload brokerage, and supply chain consulting. The company was founded by Earl Congdon Sr. and Lillian Congdon in 1934 and is headquartered in Thomasville, NC.

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ODFL Stock News Headlines

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This Stock Could Be the No. 1 Buy in a Recession
See More Headlines

ODFL Price History

ODFL Company Calendar

Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Last Earnings
4/26/2023
Today
6/04/2023
Ex-Dividend for 6/21 Dividend
6/06/2023
Dividend Payable
6/21/2023
Next Earnings (Estimated)
7/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Trucking, except local
Sub-Industry
Trucking
Current Symbol
NASDAQ:ODFL
CUSIP
67958010
Employees
23,471
Year Founded
1934

Price Target and Rating

Average Stock Price Forecast
$333.89
High Stock Price Forecast
$425.00
Low Stock Price Forecast
$260.00
Forecasted Upside/Downside
+4.4%
Consensus Rating
Hold
Rating Score (0-4)
2.18
Research Coverage
17 Analysts

Profitability

Net Income
$1.38 billion
Pretax Margin
29.34%

Debt

Sales & Book Value

Annual Sales
$6.26 billion
Cash Flow
$14.97 per share
Book Value
$34.17 per share

Miscellaneous

Free Float
98,248,000
Market Cap
$35.05 billion
Optionable
Optionable
Beta
1.07

Social Links


Key Executives

  • Greg C. Gantt
    President, Chief Executive Officer & Director
  • Kevin Marty Freeman
    Chief Operating Officer & Executive Vice President
  • Adam N. Satterfield
    CFO, Senior VP-Finance & Assistant Secretary
  • Cecil E. Overbey
    Senior Vice President-Strategic Development
  • Christopher J. Kelley
    Senior Vice President-Operations













ODFL Stock - Frequently Asked Questions

Should I buy or sell Old Dominion Freight Line stock right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old Dominion Freight Line in the last year. There are currently 3 sell ratings, 8 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ODFL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ODFL, but not buy additional shares or sell existing shares.
View ODFL analyst ratings
or view top-rated stocks.

What is Old Dominion Freight Line's stock price forecast for 2023?

17 brokers have issued 12 month price targets for Old Dominion Freight Line's shares. Their ODFL share price forecasts range from $260.00 to $425.00. On average, they expect the company's stock price to reach $333.89 in the next year. This suggests a possible upside of 4.4% from the stock's current price.
View analysts price targets for ODFL
or view top-rated stocks among Wall Street analysts.

How have ODFL shares performed in 2023?

Old Dominion Freight Line's stock was trading at $283.78 on January 1st, 2023. Since then, ODFL stock has increased by 12.6% and is now trading at $319.67.
View the best growth stocks for 2023 here
.

When is Old Dominion Freight Line's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our ODFL earnings forecast
.

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

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) released its earnings results on Wednesday, April, 26th. The transportation company reported $2.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.69 by $0.11. The transportation company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.48 billion. Old Dominion Freight Line had a net margin of 21.96% and a trailing twelve-month return on equity of 37.55%. The business's revenue for the quarter was down 3.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.60 EPS.
Read the conference call transcript
.

How often does Old Dominion Freight Line pay dividends? What is the dividend yield for Old Dominion Freight Line?

Old Dominion Freight Line declared a quarterly dividend on Thursday, May 18th. Stockholders of record on Wednesday, June 7th will be paid a dividend of $0.40 per share on Wednesday, June 21st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date of this dividend is Tuesday, June 6th.
Read our dividend analysis for ODFL
.

Is Old Dominion Freight Line a good dividend stock?

Old Dominion Freight Line (NASDAQ:ODFL) pays an annual dividend of $1.60 per share and currently has a dividend yield of 0.50%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ODFL will have a dividend payout ratio of 12.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ODFL.

When did Old Dominion Freight Line's stock split?

Shares of Old Dominion Freight Line split on the morning of Tuesday, March 24th 2020. The 3-2 split was announced on Friday, February 21st 2020. The newly issued shares were payable to shareholders after the closing bell on Monday, March 23rd 2020. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

What is David S. Congdon's approval rating as Old Dominion Freight Line's CEO?

310 employees have rated Old Dominion Freight Line Chief Executive Officer David S. Congdon on Glassdoor.com. David S. Congdon has an approval rating of 83% among the company's employees.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Old Dominion Freight Line investors own include NVIDIA (NVDA), Walt Disney (DIS), Netflix (NFLX), Home Depot (HD), PayPal (PYPL), Mastercard (MA), Intel (INTC), Johnson & Johnson (JNJ), Visa (V) and ServiceNow (NOW).

What is Old Dominion Freight Line's stock symbol?

Old Dominion Freight Line trades on the NASDAQ under the ticker symbol "ODFL."

Who are Old Dominion Freight Line's major shareholders?

Old Dominion Freight Line's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.33%), Price T Rowe Associates Inc. MD (6.82%), State Street Corp (3.33%), FMR LLC (2.17%), Geode Capital Management LLC (2.00%) and Bank of New York Mellon Corp (1.99%). Insiders that own company stock include Bradley R Gabosch, David J Bates, David S Congdon and Leo H Suggs.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Old Dominion Freight Line's stock price today?

One share of ODFL stock can currently be purchased for approximately $319.67.

How much money does Old Dominion Freight Line make?

Old Dominion Freight Line (NASDAQ:ODFL) has a market capitalization of $35.05 billion and generates $6.26 billion in revenue each year. The transportation company earns $1.38 billion in net income (profit) each year or $12.16 on an earnings per share basis.

How many employees does Old Dominion Freight Line have?

The company employs 23,471 workers across the globe.

How can I contact Old Dominion Freight Line?

Old Dominion Freight Line's mailing address is 500 OLD DOMINION WAY, THOMASVILLE NC, 27360. The official website for the company is www.odfl.com. The transportation company can be reached via phone at (336) 889-5000, via email at investor.relations@odfl.com, or via fax at 336-822-5239.

This page (NASDAQ:ODFL) was last updated on 6/4/2023 by MarketBeat.com Staff

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