NASDAQ:ODFL Old Dominion Freight Line (ODFL) Stock Price, News & Analysis → They said crypto was dead. It went up 100X. (From InvestorPlace) (Ad) Free ODFL Stock Alerts $418.74 -2.37 (-0.56%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$418.31▼$427.1350-Day Range$377.86▼$446.2352-Week Range$295.80▼$452.34Volume528,759 shsAverage Volume724,366 shsMarket Capitalization$45.58 billionP/E Ratio37.19Dividend Yield0.50%Price Target$423.19 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Old Dominion Freight Line alerts: Email Address Old Dominion Freight Line MarketRank™ Stock AnalysisAnalyst RatingHold2.43 Rating ScoreUpside/Downside1.1% Upside$423.19 Price TargetShort InterestHealthy2.10% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.90Upright™ Environmental ScoreNews Sentiment0.59Based on 3 Articles This WeekInsider TradingSelling Shares$3.52 M Sold Last QuarterProj. Earnings Growth13.84%From $12.79 to $14.56 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.37 out of 5 starsIndustrials Sector4th out of 16 stocksTrucking Industry1st out of 1 stocks 2.2 Analyst's Opinion Consensus RatingOld Dominion Freight Line has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 6 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $423.19, Old Dominion Freight Line has a forecasted upside of 1.1% from its current price of $418.74.Amount of Analyst CoverageOld Dominion Freight Line has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.10% of the float of Old Dominion Freight Line has been sold short.Short Interest Ratio / Days to CoverOld Dominion Freight Line has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Old Dominion Freight Line has recently decreased by 14.35%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldOld Dominion Freight Line has a dividend yield of 0.49%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthOld Dominion Freight Line has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Old Dominion Freight Line is 18.47%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Old Dominion Freight Line will have a dividend payout ratio of 14.29% next year. This indicates that Old Dominion Freight Line will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreOld Dominion Freight Line has received a -102.98% net impact score from Upright. The largest negative impact of Old Dominion Freight Line in category "GHG emissions" seems to be driven mostly by its "Truck freight transport services", "Refrigerated truck freight transport services", and "Road freight brokerage services" products. See details.Environmental SustainabilityThe Environmental Impact score for Old Dominion Freight Line is -5.90. Previous Next 2.6 News and Social Media Coverage News SentimentOld Dominion Freight Line has a news sentiment score of 0.59. 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 0.38 average news sentiment score of Industrials companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Old Dominion Freight Line this week, compared to 11 articles on an average week.Search InterestOnly 15 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 Follows18 people have added Old Dominion Freight Line to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn 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 $3,524,820.00 in company stock.Percentage Held by Insiders10.40% of the stock of Old Dominion Freight Line is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions72.14% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Old Dominion Freight Line are expected to grow by 13.84% in the coming year, from $12.79 to $14.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Old Dominion Freight Line is 37.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Old Dominion Freight Line is 37.19, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 387.76.Price to Earnings Growth RatioOld Dominion Freight Line has a PEG Ratio of 3.01. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioOld Dominion Freight Line has a P/B Ratio of 10.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm Press8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)THIS cryptocurrency has gained 40% in 6 months. A crypto millionaire who has researched the space for a decade says it will go up 8,788% in 5 years. The name of this cryptocurrency is revealed right here: Click to get the name of the cryptocurrency About Old Dominion Freight Line Stock (NASDAQ:ODFL)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. As of December 31, 2023, it owned and operated 10,791 tractors, 31,233 linehaul trailers, and 15,181 pickup and delivery trailers; 46 fleet maintenance centers; and 257 service centers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.Read More ODFL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ODFL Stock News HeadlinesMarch 17, 2024 | finance.yahoo.comWhy We Like The Returns At Old Dominion Freight Line (NASDAQ:ODFL)March 12, 2024 | americanbankingnews.comOld Dominion Freight Line (NASDAQ:ODFL) Receives New Coverage from Analysts at JPMorgan Chase & Co.March 18, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.March 12, 2024 | americanbankingnews.comOld Dominion Freight Line Stock Set to Split on Thursday, March 28th (NASDAQ:ODFL)March 11, 2024 | msn.comOld Dominion Barn Dance 2024 season kicks off: Live talent show contestMarch 11, 2024 | americanbankingnews.comOld Dominion Freight Line, Inc. (NASDAQ:ODFL) Given Consensus Recommendation of "Hold" by AnalystsMarch 10, 2024 | msn.comMarshall vs. Old Dominion - Women's Sun Belt Tournament - How to WatchMarch 7, 2024 | benzinga.comLooking Into Old Dominion Freight Line's Recent Short InterestMarch 18, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:March 7, 2024 | finance.yahoo.comWerner (WERN) Down 9.9% Since Last Earnings Report: Can It Rebound?March 7, 2024 | bizjournals.comFreight terminal gets final nod of approval from West Valley cityMarch 6, 2024 | msn.comOld Dominion’s season ends after bizarre broadcast blunder on buzzer-beaterMarch 6, 2024 | realmoney.thestreet.comOld Dominion downgraded to Neutral at BofA on lagging volume growthMarch 6, 2024 | msn.comOld Dominion Freight, others, seeing pricing gains tonnage improvements - BairdMarch 5, 2024 | fool.comWhy Old Dominion Freight Line Stock Is Down TodayMarch 5, 2024 | washingtonpost.comTexas State meets Old Dominion in Sun Belt TournamentMarch 5, 2024 | businesswire.comOld Dominion Freight Line Provides Update for First Quarter 2024March 4, 2024 | nasdaq.comODFL Quantitative Stock AnalysisMarch 2, 2024 | sportsbookwire.usatoday.comOld Dominion vs Texas State Sun Belt Tournament odds, tips and betting trendsMarch 2, 2024 | fool.comA Bull Market Is Here: 1 Stock-Split Growth Stock Up 48,400% Since 2000 to Buy and Hold ForeverFebruary 29, 2024 | finance.yahoo.comDirector John Kasarda Sells Shares of Old Dominion Freight Line Inc (ODFL)February 29, 2024 | usatoday.comAppalachian State defeats Old Dominion 89-64February 29, 2024 | sportsbookwire.usatoday.comOld Dominion at Georgia Southern odds, tips and betting trendsFebruary 28, 2024 | msn.com11th ranked ECU baseball falls on walk-off at Old DominionFebruary 28, 2024 | finance.yahoo.comDecoding Old Dominion Freight Line Inc (ODFL): A Strategic SWOT InsightFebruary 26, 2024 | msn.comOld Dominion basketball coach Jeff Jones retires after heart attack and amid prostate cancerFebruary 26, 2024 | msn.comLongtime Old Dominion head coach Jeff Jones retiring after health issuesSee More Headlines Receive ODFL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Old Dominion Freight Line and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 12/20 Dividend12/05/2023Dividend Payable12/20/2023Last Earnings1/31/2024Ex-Dividend for 3/20 Dividend3/05/2024Today3/18/2024Dividend Payable3/20/2024Next Earnings (Estimated)4/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorIndustrials Industry Trucking Sub-IndustryTrucking Current SymbolNASDAQ:ODFL CUSIP67958010 CIK878927 Webwww.odfl.com Phone(336) 889-5000Fax336-822-5239Employees22,902Year Founded1934Price Target and Rating Average Stock Price Target$423.19 High Stock Price Target$515.00 Low Stock Price Target$350.00 Potential Upside/Downside+1.1%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$11.26 Trailing P/E Ratio37.19 Forward P/E Ratio32.74 P/E Growth3.01Net Income$1.24 billion Net Margins21.13% Pretax Margin28.09% Return on Equity31.18% Return on Assets23.90% Debt Debt-to-Equity Ratio0.01 Current Ratio2.10 Quick Ratio2.10 Sales & Book Value Annual Sales$5.87 billion Price / Sales7.77 Cash Flow$14.07 per share Price / Cash Flow29.76 Book Value$39.02 per share Price / Book10.73Miscellaneous Outstanding Shares108,840,000Free Float97,518,000Market Cap$45.58 billion OptionableOptionable Beta1.03 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for March 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. David S. Congdon (Age 67)Executive Chairman of the Board Comp: $5.51MMr. Kevin M. Freeman (Age 65)President & CEO Comp: $6.15MMr. Adam N. Satterfield (Age 49)Executive VP of Finance, CFO & Assistant Secretary Comp: $5.15MMr. Gregory B. Plemmons (Age 59)Executive VP & COO Comp: $3.84MMr. Earl E. Congdon (Age 93)Chairman Emeritus & Senior Advisor Comp: $3.8MMs. Kimberly S. Maready (Age 53)Principal Accounting Officer and VP of Accounting & Finance Mr. Ross H. Parr (Age 52)Senior VP of Legal Affairs, General Counsel & Secretary Sam FaucetteVice President of Safety & ComplianceMr. Steven W. Hartsell (Age 56)Senior Vice President of Sales Mr. Christopher Thomas Brooks (Age 53)Senior Vice President of Human Resources & Safety More ExecutivesKey CompetitorsJ.B. Hunt Transport ServicesNASDAQ:JBHTSaiaNASDAQ:SAIANorfolk SouthernNYSE:NSCFedExNYSE:FDXRyanairNASDAQ:RYAAYView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Sold 66 shares on 3/15/2024Ownership: 0.001%Wahed Invest LLCBought 130 shares on 3/11/2024Ownership: 0.002%Trust Co. of VermontBought 66 shares on 3/8/2024Ownership: 0.000%Wellington Management Group LLPSold 10,848 shares on 3/5/2024Ownership: 0.151%Congress Asset Management Co. MABought 2,021 shares on 3/4/2024Ownership: 0.197%View All Insider TransactionsView All Institutional Transactions Should I Buy Old Dominion Freight Line Stock? ODFL Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Old Dominion Freight Line was last updated on Monday, March 18, 2024 at 12:06 AM. Pros Here are some ways that investors could benefit from investing in Old Dominion Freight Line, Inc.: Old Dominion Freight Line, Inc. has shown consistent revenue growth over the past year, indicating a strong financial performance. The company's stock price has been steadily increasing, reflecting positive investor sentiment and potential for capital appreciation. Old Dominion Freight Line, Inc. has a solid track record of profitability, which can provide stability and confidence to investors. The company's efficient logistics operations and strong customer base position it well for continued growth in the transportation industry. Recent investments in technology and infrastructure by Old Dominion Freight Line, Inc. are expected to enhance operational efficiency and drive future profitability. Cons Investors should be bearish about investing in Old Dominion Freight Line, Inc. for these reasons: Volatility in fuel prices can impact the company's operating costs and profitability, potentially affecting investor returns. Regulatory changes in the transportation industry could lead to increased compliance costs for Old Dominion Freight Line, Inc., impacting its bottom line. Competition from other freight carriers and logistics companies may put pressure on Old Dominion Freight Line, Inc.'s market share and margins. Economic downturns or disruptions in global trade could negatively impact the demand for freight services, affecting the company's revenue and earnings. Investors should closely monitor industry trends and economic indicators to assess the potential risks associated with investing in Old Dominion Freight Line, Inc. ODFL Stock Analysis - Frequently Asked Questions Should I buy or sell Old Dominion Freight Line stock right now? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old Dominion Freight Line in the last twelve months. There are currently 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 target for 2024? 14 brokerages have issued 12 month price objectives for Old Dominion Freight Line's stock. Their ODFL share price targets range from $350.00 to $515.00. On average, they predict the company's share price to reach $423.19 in the next year. This suggests a possible upside of 1.1% 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 2024? Old Dominion Freight Line's stock was trading at $405.33 at the start of the year. Since then, ODFL shares have increased by 3.3% and is now trading at $418.74. View the best growth stocks for 2024 here. When is Old Dominion Freight Line's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our ODFL earnings forecast. How were Old Dominion Freight Line's earnings last quarter? Old Dominion Freight Line, Inc. (NASDAQ:ODFL) announced its earnings results on Wednesday, January, 31st. The transportation company reported $2.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.86 by $0.08. The transportation company earned $1.50 billion during the quarter, compared to the consensus estimate of $1.50 billion. Old Dominion Freight Line had a net margin of 21.13% and a trailing twelve-month return on equity of 31.18%. The business's revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.92 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 announced a quarterly dividend on Wednesday, January 31st. Stockholders of record on Wednesday, March 6th will be paid a dividend of $0.52 per share on Wednesday, March 20th. This represents a $2.08 annualized dividend and a yield of 0.50%. The ex-dividend date of this dividend is Tuesday, March 5th. This is a positive change from the stock's previous quarterly dividend of $0.40. 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 $2.08 per share and currently has a dividend yield of 0.49%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ODFL will have a dividend payout ratio of 14.29% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ODFL. What ETFs hold Old Dominion Freight Line's stock? ETFs with the largest weight of Old Dominion Freight Line (NASDAQ:ODFL) stock in their portfolio include ProShares Supply Chain Logistics ETF (SUPL), Profound Medical (PRN), iShares U.S. Transportation ETF (IYT), Sterling Capital Focus Equity ETF (LCG), Direxion Daily Transportation Bull 3X Shares (TPOR), Invesco Focused Discovery Growth ETF (IVDG), VictoryShares THB Mid Cap ESG ETF (MDCP) and Pacer Industrials and Logistics ETF (SHPP). When did Old Dominion Freight Line's stock split? Old Dominion Freight Line's stock split before market open on Thursday, March 28th 2024. The 2-1 split was announced on Friday, February 16th 2024. The newly minted shares will be 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. How will Old Dominion Freight Line's stock buyback program work? Old Dominion Freight Line declared that its Board of Directors has approved a share repurchase plan on Wednesday, July 26th 2023, which allows the company to repurchase $3,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 6.9% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's leadership believes its stock is undervalued. 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). Who are Old Dominion Freight Line's major shareholders? Old Dominion Freight Line's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.97%), Price T Rowe Associates Inc. MD (5.80%), Capital Research Global Investors (3.80%), CIBC Private Wealth Group LLC (1.93%), Norges Bank (1.12%) and Capital World Investors (1.11%). Insiders that own company stock include Bradley R Gabosch, David J Bates, David S Congdon, John D Kasarda, Leo H Suggs, Steven W Hartsell and Thomas A Stith III. 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. Compare Top Brokerages Here. This page (NASDAQ:ODFL) was last updated on 3/18/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThe world’s greatest investmentPorter & CompanyForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Old Dominion Freight Line, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.