NASDAQ:ODFL - Old Dominion Freight Line Stock Price, Forecast & News

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

Old Dominion Freight Line declared a quarterly dividend on Thursday, October 17th. Shareholders of record on Wednesday, December 4th will be given a dividend of $0.17 per share on Wednesday, December 18th. This represents a $0.68 dividend on an annualized basis and a yield of 0.33%. The ex-dividend date is Tuesday, December 3rd. View Old Dominion Freight Line's Dividend History.

Old Dominion Freight Line announced that its board has authorized a share buyback plan on Thursday, May 16th 2019, which permits the company to repurchase $350,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 2.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board believes its stock is undervalued.

Old Dominion Freight Line (NASDAQ:ODFL) issued its quarterly earnings data on Thursday, October, 24th. The transportation company reported $2.05 EPS for the quarter, missing the consensus estimate of $2.11 by $0.06. The transportation company earned $1.05 billion during the quarter, compared to analyst estimates of $1.06 billion. Old Dominion Freight Line had a return on equity of 22.62% and a net margin of 15.29%. Old Dominion Freight Line's revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.12 EPS. View Old Dominion Freight Line's Earnings History.

Old Dominion Freight Line is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Old Dominion Freight Line.

Old Dominion Freight Line will be holding an earnings conference call on Thursday, February 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

13 brokers have issued 12-month price objectives for Old Dominion Freight Line's shares. Their forecasts range from $142.00 to $205.00. On average, they anticipate Old Dominion Freight Line's stock price to reach $169.33 in the next twelve months. This suggests that the stock has a possible downside of 16.8%. View Analyst Price Targets for Old Dominion Freight Line.

13 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, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Old Dominion Freight Line.

News headlines about ODFL stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Old Dominion Freight Line earned a news sentiment score of -1.9 on InfoTrie's scale. They also assigned news articles about the transportation company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Old Dominion Freight Line.

Old Dominion Freight Line saw a decrease in short interest during the month of December. As of December 13th, there was short interest totalling 3,460,000 shares, a decrease of 15.6% from the November 28th total of 4,100,000 shares. Based on an average daily volume of 738,300 shares, the short-interest ratio is presently 4.7 days. Approximately 4.9% of the company's stock are short sold. View Old Dominion Freight Line's Current Options Chain.

Some companies that are related to Old Dominion Freight Line include J B Hunt Transport Services (JBHT), AMERCO (UHAL), Knight-Swift Transportation (KNX), Landstar System (LSTR), Ryder System (R), Werner Enterprises (WERN), Avis Budget Group (CAR), Saia (SAIA), Hertz Global (HTZ), Heartland Express (HTLD), Marten Transport (MRTN), FRP (FRPH) and Roadrunner Transportation Systems (RRTS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Old Dominion Freight Line investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Home Depot (HD), Intel (INTC), Paypal (PYPL), Boeing (BA), Walt Disney (DIS), Mastercard (MA) and XPO Logistics (XPO).

Old Dominion Freight Line's stock is owned by a number of of institutional and retail investors. Top institutional investors include SPF Beheer BV (0.70%), Sib LLC (0.15%), Gillespie Robinson & Grimm Inc. (0.14%), Canal Capital Management LLC (0.13%), Strs Ohio (0.06%) and Gateway Investment Advisers LLC (0.06%). Company insiders that own Old Dominion Freight Line stock include David J Bates, David S Congdon, Earl E Congdon, Gregory B Plemmons and Leo H Suggs. View Institutional Ownership Trends for Old Dominion Freight Line.

ODFL stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Gillespie Robinson & Grimm Inc., Sib LLC, Louisiana State Employees Retirement System, Gateway Investment Advisers LLC, Groesbeck Investment Management Corp NJ, State of Alaska Department of Revenue and Tributary Capital Management LLC. Company insiders that have sold Old Dominion Freight Line company stock in the last year include David J Bates, David S Congdon, Earl E Congdon and Gregory B Plemmons. View Insider Buying and Selling for Old Dominion Freight Line.

ODFL stock was bought by a variety of institutional investors in the last quarter, including SPF Beheer BV, Strs Ohio, AE Wealth Management LLC, Sciencast Management LP, Nachman Norwood & Parrott Inc, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Janney Montgomery Scott LLC and Squar Milner Financial Services LLC. View Insider Buying and Selling for Old Dominion Freight Line.

Shares of ODFL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ODFL stock can currently be purchased for approximately $203.59.

Old Dominion Freight Line has a market capitalization of $16.25 billion and generates $4.04 billion in revenue each year. The transportation company earns $605.67 million in net income (profit) each year or $7.38 on an earnings per share basis. Old Dominion Freight Line employs 21,279 workers across the globe.View Additional Information About Old Dominion Freight Line.

The official website for Old Dominion Freight Line is http://www.odfl.com/.

Old Dominion Freight Line's mailing address is 500 OLD DOMINION WAY, THOMASVILLE NC, 27360. The transportation company can be reached via phone at 336-889-5000.