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About Old Dominion Freight Line (NASDAQ:ODFL)
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 ground and air expedited transportation, and consumer household pickup and delivery. The company also offers various value-added services comprising container drayage, truckload brokerage, supply chain consulting, and warehousing. As of December 31, 2017, it owned 8,316 tractors, as well as operated 228 service and 39 maintenance centers. Old Dominion Freight Line, Inc. was founded in 1934 and is based in Thomasville, North Carolina.
Industry, Sector and Symbol
Industry Trucking, except local
Sub-IndustryTrucking
SectorTransportation
SymbolNASDAQ:ODFL
CUSIP67958010
Phone336-889-5000
Debt
Debt-to-Equity Ratio0.02
Current Ratio1.78
Quick Ratio1.78
Price-To-Earnings
Trailing P/E Ratio31.46
Forward P/E Ratio24.09
P/E Growth1.03
Sales & Book Value
Annual Sales$3.36 billion
Price / Sales3.77
Cash Flow$6.8835 per share
Price / Cash22.40
Book Value$28.69 per share
Price / Book5.37
Profitability
EPS (Most Recent Fiscal Year)$4.36
Net Income$463.77 million
Net Margins14.38%
Return on Equity18.47%
Return on Assets13.40%
Miscellaneous
Employees19,183
Outstanding Shares82,200,000
Old Dominion Freight Line (NASDAQ:ODFL) Frequently Asked Questions
What is Old Dominion Freight Line's stock symbol?
Old Dominion Freight Line trades on the NASDAQ under the ticker symbol "ODFL."
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 Thursday, May 17th. Shareholders of record on Wednesday, June 6th will be given a dividend of $0.13 per share on Wednesday, June 20th. This represents a $0.52 annualized dividend and a yield of 0.34%. The ex-dividend date of this dividend is Tuesday, June 5th. View Old Dominion Freight Line's Dividend History.
How will Old Dominion Freight Line's stock buyback program work?
Old Dominion Freight Line declared that its Board of Directors has authorized a share repurchase program on Thursday, May 17th 2018, which allows the company to repurchase $250,000,000.00 in outstanding 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 leadership believes its stock is undervalued.
How were Old Dominion Freight Line's earnings last quarter?
Old Dominion Freight Line (NASDAQ:ODFL) issued its quarterly earnings results on Thursday, April, 26th. The transportation company reported $1.33 EPS for the quarter, topping the Zacks' consensus estimate of $1.30 by $0.03. The transportation company earned $925.02 million during the quarter, compared to analysts' expectations of $925.83 million. Old Dominion Freight Line had a net margin of 14.38% and a return on equity of 18.47%. The company's quarterly revenue was up 22.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.80 EPS. View Old Dominion Freight Line's Earnings History.
When is Old Dominion Freight Line's next earnings date?
What price target have analysts set for ODFL?
13 equities research analysts have issued 1-year price targets 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 $140.00 in the next twelve months. View Analyst Ratings for Old Dominion Freight Line.
Who are some of Old Dominion Freight Line's key competitors?
Some companies that are related to Old Dominion Freight Line include J. B. Hunt (JBHT), Knight-Swift Transportation (KNX), Schneider National (SNDR), Landstar System (LSTR), Werner Enterprises (WERN), Saia (SAIA), Heartland Express (HTLD), ArcBest (ARCB), Marten Transport (MRTN), Universal Logistics (ULH), Covenant Transportation Group (CVTI), YRC Worldwide (YRCW), P.A.M. Transportation Services (PTSI), USA Truck (USAK) and Celadon Group (CGI).
Who are Old Dominion Freight Line's key executives?
Old Dominion Freight Line's management team includes the folowing people:
- Mr. Earl E. Congdon, Exec. Chairman (Age 87)
- Mr. David S. Congdon, Vice Chairman & CEO (Age 61)
- Mr. Greg C. Gantt, Pres & COO (Age 62)
- Mr. Adam N. Satterfield, Sr. VP of Fin., CFO & Assistant Sec. (Age 43)
- Mr. Kevin M. Freeman, Sr. VP of Sales (Age 59)
Has Old Dominion Freight Line been receiving favorable news coverage?
News headlines about ODFL stock have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Old Dominion Freight Line earned a media sentiment score of 0.14 on Accern's scale. They also gave media stories about the transportation company an impact score of 46.26 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are Old Dominion Freight Line's major shareholders?
Old Dominion Freight Line's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.68%), Kayne Anderson Rudnick Investment Management LLC (3.19%), JPMorgan Chase & Co. (2.67%), Lord Abbett & CO. LLC (1.14%), Wasatch Advisors Inc. (0.87%) and Dimensional Fund Advisors LP (0.81%). 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.
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 Atlantic Trust Group LLC, Victory Capital Management Inc., SPF Beheer BV, Millennium Management LLC, Westfield Capital Management Co. LP, Wasatch Advisors Inc., Chilton Investment Co. LLC and Russell Investments Group Ltd.. 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.
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 BlackRock Inc., Lord Abbett & CO. LLC, Federated Investors Inc. PA, Kayne Anderson Rudnick Investment Management LLC, AGF Investments Inc., Legal & General Group Plc, Amundi Pioneer Asset Management Inc. and Eagle Asset Management Inc.. View Insider Buying and Selling 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, Scottrade, 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 $154.19.
How big of a company is Old Dominion Freight Line?
Old Dominion Freight Line has a market capitalization of $12.62 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.
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.
MarketBeat Community Rating for Old Dominion Freight Line (ODFL)
MarketBeat's community ratings are surveys of what our community members think about Old Dominion Freight Line and other stocks. Vote "Outperform" if you believe ODFL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ODFL will underperform the S&P 500 over the long term. You may vote once every thirty days.
Old Dominion Freight Line (NASDAQ:ODFL) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
13 Wall Street analysts have issued ratings and price targets for Old Dominion Freight Line in the last 12 months. Their average twelve-month price target is $140.00, suggesting that the stock has a possible downside of 9.20%. The high price target for ODFL is $175.00 and the low price target for ODFL is $101.00. There are currently 2 sell ratings, 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.23 | 2.17 | 2.17 | 2.25 |
| Ratings Breakdown: | 2 Sell Rating(s)
6 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
6 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
6 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
7 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $140.00 | $136.00 | $124.7273 | $107.00 |
| Price Target Upside: | 9.20% downside | 2.97% downside | 7.77% downside | 8.73% downside |
Old Dominion Freight Line (NASDAQ:ODFL) Consensus Price Target History
Old Dominion Freight Line (NASDAQ:ODFL) Analyst Ratings History
Show:
(Data available from 5/26/2016 forward)
Old Dominion Freight Line (NASDAQ:ODFL) Dividend Information
Old Dominion Freight Line pays an annual dividend of $0.52 per share, with a dividend yield of 0.34%. ODFL's next quarterly dividend payment will be made on Wednesday, June 20. Old Dominion Freight Line pays out 11.93% of its earnings out as a dividend.
| Next Dividend: | 6/20/2018 |
| Annual Dividend: | $0.52 |
| Dividend Yield: | 0.34% |
| Payout Ratio(s): | 11.93% (Trailing 12 Months of Earnings)
8.13% (Based on This Year's Estimates)
7.22% (Based on Next Year's Estimates)
7.55% (Based on Cash Flow)
|
Old Dominion Freight Line (NASDAQ:ODFL) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/17/2018 | quarterly | $0.13 | 0.36% | 6/5/2018 | 6/6/2018 | 6/20/2018 |
| 2/8/2018 | quarterly | $0.13 | 0.35% | 3/5/2018 | 3/6/2018 | 3/20/2018 |
| 10/30/2017 | quarterly | $0.10 | 0.33% | 12/5/2017 | 12/6/2017 | 12/20/2017 |
| 8/1/2017 | quarterly | $0.10 | 0.42% | 9/1/2017 | 9/6/2017 | 9/20/2017 |
| 5/17/2017 | quarterly | $0.10 | 0.47% | 6/2/2017 | 6/6/2017 | 6/20/2017 |
| 2/2/2017 | quarterly | $0.10 | | 3/2/2017 | 3/6/2017 | 3/20/2017 |
(Data available from 1/1/2013 forward)
Old Dominion Freight Line (NASDAQ ODFL) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 12.00%
Institutional Ownership Percentage: 74.57%
Old Dominion Freight Line (NASDAQ ODFL) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 5/23/2018 | Leo H Suggs | Director | Sell | 800 | $148.44 | $118,752.00 | 5,679 |  |
| 8/15/2017 | David S Congdon | Vice Chairman | Sell | 575 | $97.83 | $56,252.25 | 9,516 | |
| 11/21/2016 | David S Congdon | Vice Chairman | Sell | 2,400 | $86.56 | $207,744.00 | 5,334 | |
| 11/16/2016 | David S Congdon | Vice Chairman | Sell | 40,000 | $85.27 | $3,410,800.00 | 5,334 | |
| 11/11/2016 | Leo H Suggs | Director | Sell | 3,800 | $81.35 | $309,130.00 | 4,494 | |
| 11/1/2016 | David S Congdon | Vice Chairman | Sell | 815 | $74.67 | $60,856.05 | 5,334 | |
| 8/23/2016 | Jeffrey W Congdon | Insider | Sell | 24,555 | $69.84 | $1,714,921.20 | | |
| 8/16/2016 | David S Congdon | Vice Chairman | Sell | 1,660 | $69.77 | $115,818.20 | 5,334 | |
| 8/12/2016 | John R Congdon Jr | Insider | Sell | 6,000 | $69.64 | $417,840.00 | 1,494 | |
| 8/11/2016 | John R Congdon Jr | Insider | Sell | 7,100 | $70.04 | $497,284.00 | 1,494 | |
| 8/10/2016 | John R Congdon Jr | Insider | Sell | 23,100 | $69.92 | $1,615,152.00 | 1,494 | |
| 8/8/2016 | John R Congdon Jr | Insider | Sell | 3,800 | $70.87 | $269,306.00 | 1,494 | |
| 5/10/2016 | David S Congdon | CEO | Sell | 2,200 | $65.41 | $143,902.00 | | |
| 5/5/2016 | Leo H Suggs | Director | Buy | 1,000 | $63.00 | $63,000.00 | 6,800 | |
| 2/19/2016 | Jeffrey W Congdon | Insider | Sell | 10,000 | $62.07 | $620,700.00 | | |
| 8/21/2015 | Leo H Suggs | Director | Buy | 3,000 | $69.92 | $209,760.00 | 5,800 | |
| 2/26/2015 | Jeffrey W Congdon | Insider | Sell | 72,500 | $78.38 | $5,682,550.00 | | |
| 2/23/2015 | David S Congdon | CEO | Sell | 2,260 | $77.35 | $174,811.00 | | |
| 11/18/2014 | David S Congdon | CEO | Sell | 3,500 | $77.16 | $270,060.00 | | |
| 5/28/2014 | John D Kasarda | Director | Buy | 1,582 | $63.21 | $99,998.22 | | |
| 2/19/2014 | David Congdon | CEO | Sell | 14,900 | $52.98 | $789,402.00 | | |
| 2/19/2014 | Earl Congdon | Chairman | Sell | 70,127 | $52.85 | $3,706,211.95 | | |
| 8/7/2013 | John Kasarda | Director | Buy | 2,250 | $44.45 | $100,012.50 | 2,250 | |
| 8/6/2013 | David Congdon | CEO | Sell | 55,000 | $44.89 | $2,468,950.00 | | |
| 8/1/2013 | David Congdon | CEO | Sell | 4,600 | $45.07 | $207,322.00 | | |
(Data available from 1/1/2013 forward)
Old Dominion Freight Line (NASDAQ ODFL) News Headlines
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Old Dominion Freight Line (NASDAQ:ODFL) SEC Filings
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Old Dominion Freight Line (NASDAQ:ODFL) Income Statement, Balance Sheet and Cash Flow Statement
Old Dominion Freight Line (NASDAQ ODFL) Stock Chart for Saturday, May, 26, 2018
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