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NASDAQ:ODFL

Old Dominion Freight Line Stock Forecast, Price & News

$190.37
+0.02 (+0.01 %)
(As of 10/30/2020 12:00 AM ET)
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Today's Range
$188.44
Now: $190.37
$193.40
50-Day Range
$178.61
MA: $191.98
$204.01
52-Week Range
$105.80
Now: $190.37
$207.43
Volume803,160 shs
Average Volume846,758 shs
Market Capitalization$22.34 billion
P/E Ratio38.64
Dividend Yield0.32%
Beta1.06
Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2018, it owned 9,254 tractors, as well as operated 235 service and 39 maintenance centers. Old Dominion Freight Line, Inc. was founded in 1934 and is based in Thomasville, North Carolina.
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Old Dominion Freight Line logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.0Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.62 out of 5 stars

Industry, Sector and Symbol

Industry Trucking, except local
Sub-IndustryTrucking
Current SymbolNASDAQ:ODFL
CUSIP67958010
Phone336-889-5000
Employees20,105

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.11 billion
Cash Flow$7.02 per share
Book Value$25.73 per share

Profitability

Net Income$615.52 million

Miscellaneous

Market Cap$22.34 billion
Next Earnings Date2/4/2021 (Estimated)
OptionableOptionable
$190.37
+0.02 (+0.01 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Old Dominion Freight Line (NASDAQ:ODFL) Frequently Asked Questions

How has Old Dominion Freight Line's stock price been impacted by COVID-19?

Old Dominion Freight Line's stock was trading at $180.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ODFL shares have increased by 5.8% and is now trading at $190.37.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Old Dominion Freight Line?

11 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, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Old Dominion Freight Line
.

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

Old Dominion Freight Line is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Old Dominion Freight Line
.

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

Old Dominion Freight Line (NASDAQ:ODFL) announced its quarterly earnings data on Tuesday, October, 27th. The transportation company reported $1.71 EPS for the quarter, beating the Zacks' consensus estimate of $1.51 by $0.20. The transportation company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.05 billion. Old Dominion Freight Line had a net margin of 14.95% and a return on equity of 19.66%. Old Dominion Freight Line's revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.05 earnings per share.
View Old Dominion Freight Line's earnings history
.

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 Friday, October 23rd. Stockholders of record on Wednesday, December 2nd will be given a dividend of $0.15 per share on Wednesday, December 16th. This represents a $0.60 annualized dividend and a yield of 0.32%. The ex-dividend date is Tuesday, December 1st.
View Old Dominion Freight Line's dividend history
.

When did Old Dominion Freight Line's stock split? How did Old Dominion Freight Line's stock split work?

Old Dominion Freight Line shares split before market open on Tuesday, March 24th 2020. The 3-2 split was announced on Friday, February 21st 2020. The newly issued shares were issued to shareholders after the closing bell on Monday, March 23rd 2020. An investor that had 100 shares of Old Dominion Freight Line stock prior to the split would have 150 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 stock buyback program on Thursday, May 16th 2019, which allows the company to repurchase $350,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 2.9% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its stock is undervalued.

What price target have analysts set for ODFL?

11 analysts have issued 1 year target prices for Old Dominion Freight Line's shares. Their forecasts range from $156.00 to $220.00. On average, they expect Old Dominion Freight Line's share price to reach $183.91 in the next year. This suggests that the stock has a possible downside of 3.4%.
View analysts' price targets for Old Dominion Freight Line
.

Are investors shorting Old Dominion Freight Line?

Old Dominion Freight Line saw a increase in short interest in September. As of September 30th, there was short interest totaling 2,330,000 shares, an increase of 26.6% from the September 15th total of 1,840,000 shares. Based on an average daily volume of 798,600 shares, the days-to-cover ratio is presently 2.9 days.
View Old Dominion Freight Line's Short Interest
.

Who are some of Old Dominion Freight Line's key competitors?

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), The 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 key executives?

Old Dominion Freight Line's management team includes the following people:
  • Mr. Greg C. Gantt, Pres, CEO & Director (Age 63)
  • Mr. Adam N. Satterfield, Sr. VP of Fin., CFO & Assistant Sec. (Age 44)
  • Mr. Kevin M. Freeman, Exec. VP & COO (Age 60)
  • Mr. Cecil E. Overbey Jr., Sr. VP of Strategic Devel. (Age 57)
  • Ms. Kimberly S. Maready, Principal Accounting Officer and VP of Accounting & Fin. (Age 48)

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 variety of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.22%), KBC Group NV (0.19%), Canal Capital Management LLC (0.18%), Nisa Investment Advisors LLC (0.16%), Gillespie Robinson & Grimm Inc. (0.10%) and Robeco Institutional Asset Management B.V. (0.09%). Company insiders that own Old Dominion Freight Line stock include David J Bates, David S Congdon, Earl E Congdon and Gregory B Plemmons.
View institutional ownership trends for Old Dominion Freight Line
.

Which institutional investors are selling Old Dominion Freight Line stock?

ODFL stock was sold by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Retirement Systems of Alabama, BNP Paribas Arbitrage SA, State of Alaska Department of Revenue, V Wealth Advisors LLC, Gillespie Robinson & Grimm Inc., State of New Jersey Common Pension Fund D, and Candriam Luxembourg S.C.A.. Company insiders that have sold Old Dominion Freight Line company stock in the last year include David J Bates, and Earl E Congdon.
View insider buying and selling activity for Old Dominion Freight Line
.

Which institutional investors are buying Old Dominion Freight Line stock?

ODFL stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., KBC Group NV, Nisa Investment Advisors LLC, Robeco Institutional Asset Management B.V., Dupont Capital Management Corp, James Investment Research Inc., Dorsey Wright & Associates, and Prudential PLC.
View insider buying and selling activity for Old Dominion Freight Line
.

How do I buy shares of 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.

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

One share of ODFL stock can currently be purchased for approximately $190.37.

How big of a company is Old Dominion Freight Line?

Old Dominion Freight Line has a market capitalization of $22.34 billion and generates $4.11 billion in revenue each year. The transportation company earns $615.52 million in net income (profit) each year or $5.11 on an earnings per share basis. Old Dominion Freight Line employs 20,105 workers across the globe.

What is Old Dominion Freight Line's official website?

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

How can I contact Old Dominion Freight Line?

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 or via email at [email protected]

This page was last updated on 10/31/2020 by MarketBeat.com Staff

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