NASDAQ:ODFL - Old Dominion Freight Line Stock Price, Price Target & More

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

Old Dominion Freight Line declared a quarterly dividend on Thursday, May 17th. Investors of record on Wednesday, June 6th will be paid a dividend of $0.13 per share on Wednesday, June 20th. This represents a $0.52 annualized dividend and a yield of 0.35%. The ex-dividend date of this dividend is Tuesday, June 5th. View Old Dominion Freight Line's Dividend History.

Old Dominion Freight Line declared that its board has initiated a share buyback program on Thursday, May 17th 2018, which allows the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.

Old Dominion Freight Line (NASDAQ:ODFL) released its quarterly earnings data on Thursday, April, 26th. The transportation company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.30 by $0.03. The transportation company earned $925.02 million during the quarter, compared to analyst estimates of $925.83 million. Old Dominion Freight Line had a net margin of 14.38% and a return on equity of 18.47%. The business's revenue for the quarter was up 22.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.80 EPS. View Old Dominion Freight Line's Earnings History.

Old Dominion Freight Line is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Old Dominion Freight Line.

13 equities research analysts have issued 12 month target prices for Old Dominion Freight Line's shares. Their forecasts range from $101.00 to $175.00. On average, they anticipate Old Dominion Freight Line's stock price to reach $142.6667 in the next twelve months. This suggests that the stock has a possible downside of 4.4%. View Analyst Ratings 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 2 sell ratings, 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Old Dominion Freight Line include J B Hunt Transport Services (JBHT), Knight-Swift Transportation (KNX), Schneider National (SNDR), Landstar System (LSTR), Werner Enterprises (WERN), Saia (SAIA), Heartland Express (HTLD), Marten Transport (MRTN), ArcBest (ARCB), Universal Logistics (ULH), Covenant Transportation Group (CVTI), YRC Worldwide (YRCW), P.A.M. Transportation Services (PTSI), USA Truck (USAK) and Celadon Group (CGI).

News headlines about ODFL stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Old Dominion Freight Line earned a media sentiment score of 0.05 on Accern's scale. They also gave news stories about the transportation company an impact score of 43.41 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Old Dominion Freight Line's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.13%), Louisiana State Employees Retirement System (0.02%), Municipal Employees Retirement System of Michigan (0.02%), Bank of Montreal Can (0.02%), Empowered Funds LLC (0.01%) and Denali Advisors LLC (0.01%). Company insiders that own Old Dominion Freight Line stock include David S Congdon, Jeffrey W Congdon, John R Congdon Jr 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 Municipal Employees Retirement System of Michigan, Amalgamated Bank, Denali Advisors LLC, Pendal Group Ltd, Private Trust Co. NA and First Citizens Bank & Trust Co.. Company insiders that have sold Old Dominion Freight Line company stock in the last year include David S Congdon and Leo H Suggs. 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 Empowered Funds LLC, Scout Investments Inc., Hartford Investment Management Co., Bank of Montreal Can, Dalton Greiner Hartman Maher & Co., State of Alaska Department of Revenue, GWM Advisors LLC and IFM Investors Pty Ltd. 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, Scottrade, Fidelity and Charles Schwab.

One share of ODFL stock can currently be purchased for approximately $149.26.

Old Dominion Freight Line has a market capitalization of $12.19 billion and generates $3.36 billion in revenue each year. The transportation company earns $463.77 million in net income (profit) each year or $4.36 on an earnings per share basis. Old Dominion Freight Line employs 19,183 workers across the globe.

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.