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 paid a dividend of $0.17 per share on Wednesday, December 18th. This represents a $0.68 dividend on an annualized basis and a dividend 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 approved a stock buyback program on Thursday, May 16th 2019, which allows the company to buyback $350,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 2.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.

Old Dominion Freight Line (NASDAQ:ODFL) issued its quarterly earnings results on Thursday, October, 24th. The transportation company reported $2.05 EPS for the quarter, missing the Zacks' consensus estimate of $2.11 by $0.06. The transportation company earned $1.05 billion during the quarter, compared to analysts' expectations of $1.06 billion. Old Dominion Freight Line had a return on equity of 22.62% and a net margin of 15.29%. The business's quarterly revenue was down .9% on a year-over-year basis. During the same period last year, the business earned $2.12 earnings per share. 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 brokerages have issued 1-year price targets 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 stories about ODFL stock have been trending very positive recently, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by analyzing 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 closest to five being the most favorable. Old Dominion Freight Line earned a coverage optimism score of 3.3 on InfoTrie's scale. They also assigned media headlines about the transportation company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the company's share price in the immediate future. View News Stories for Old Dominion Freight Line.

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 variety of of retail and institutional investors. Top institutional investors include SPF Beheer BV (0.70%), California Public Employees Retirement System (0.19%), Sib LLC (0.15%), Gillespie Robinson & Grimm Inc. (0.14%), New York State Teachers Retirement System (0.13%) and Canal Capital Management LLC (0.13%). 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 Retirement Systems of Alabama, Arizona State Retirement System, Scout Investments Inc., Gillespie Robinson & Grimm Inc., Sib LLC, Dupont Capital Management Corp, Louisiana State Employees Retirement System and First Quadrant L P CA. 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, California Public Employees Retirement System, Everence Capital Management Inc., Strs Ohio, AE Wealth Management LLC, Sciencast Management LP, Nachman Norwood & Parrott Inc and Capital Investment Counsel Inc. 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 $203.63.

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.