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S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
NASDAQ:ODFL

Old Dominion Freight Line (ODFL) Stock Forecast, Price & News

$262.48
-10.64 (-3.90%)
(As of 05/16/2022 04:00 PM ET)
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Today's Range
$261.82
$271.77
50-Day Range
$258.10
$328.30
52-Week Range
$245.56
$373.58
Volume
763,360 shs
Average Volume
1.09 million shs
Market Capitalization
$29.75 billion
P/E Ratio
26.81
Dividend Yield
0.44%
Beta
1.03
30 days | 90 days | 365 days | Advanced Chart
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Old Dominion Freight Line logo

About Old Dominion Freight Line

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, 2021, it owned and operated 10,403 tractors, 27,917 linehaul trailers, and 13,303 pickup and delivery trailers; 3 fleet maintenance centers; and 251 service centers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.

Headlines

Old Dominion Freight Line (NASDAQ:ODFL) PT Raised to $232.00
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Industry, Sector and Symbol

Industry
Trucking, except local
Sub-Industry
Trucking
Current Symbol
NASDAQ:ODFL
CUSIP
67958010
Employees
23,663
Year Founded
1934

Sales & Book Value

Annual Sales
$5.26 billion
Cash Flow
$10.81 per share
Book Value
$32.00 per share

Profitability

Net Income
$1.03 billion
Pretax Margin
27.09%

Debt

Price-To-Earnings

Miscellaneous

Free Float
99,752,000
Market Cap
$29.75 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/16 Dividend
3/01/2022
Dividend Payable
3/16/2022
Last Earnings
4/27/2022
Today
5/17/2022
Next Earnings (Estimated)
7/27/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.29 out of 5 stars

Transportation Sector

53rd out of 173 stocks

Trucking, Except Local Industry

7th out of 18 stocks

Analyst Opinion: 2.1Community Rank: 4.0Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -













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

Is Old Dominion Freight Line a buy right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old Dominion Freight Line in the last twelve months. There are currently 1 sell rating, 13 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Old Dominion Freight Line stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ODFL, but not buy additional shares or sell existing shares.
View analyst ratings for Old Dominion Freight Line
or view top-rated stocks.

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

Old Dominion Freight Line is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
View our earnings forecast for Old Dominion Freight Line
.

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

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) posted its quarterly earnings data on Wednesday, April, 27th. The transportation company reported $2.60 EPS for the quarter, topping the consensus estimate of $2.37 by $0.23. The transportation company had revenue of $1.50 billion for the quarter, compared to analysts' expectations of $1.46 billion. Old Dominion Freight Line had a net margin of 20.17% and a trailing twelve-month return on equity of 32.41%. The business's revenue was up 32.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.70 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 announced a quarterly dividend on Wednesday, February 2nd. Stockholders of record on Wednesday, March 2nd will be given a dividend of $0.30 per share on Wednesday, March 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date is Tuesday, March 1st. This is an increase from Old Dominion Freight Line's previous quarterly dividend of $0.20.
View Old Dominion Freight Line's dividend history
.

Is Old Dominion Freight Line a good dividend stock?

Old Dominion Freight Line pays an annual dividend of $1.20 per share and currently has a dividend yield of 0.44%. Old Dominion Freight Line has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Old Dominion Freight Line is 12.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Old Dominion Freight Line will have a dividend payout ratio of 9.90% next year. This indicates that Old Dominion Freight Line will be able to sustain or increase its dividend.
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's stock split before market open on Tuesday, March 24th 2020. The 3-2 split was announced on Friday, February 21st 2020. The newly created shares were distributed 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.

What price target have analysts set for ODFL?

17 analysts have issued twelve-month target prices for Old Dominion Freight Line's shares. Their forecasts range from $232.00 to $385.00. On average, they anticipate Old Dominion Freight Line's stock price to reach $302.71 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price.
View analysts' price targets for Old Dominion Freight Line
or view top-rated stocks among Wall Street analysts.

Who are Old Dominion Freight Line's key executives?
Old Dominion Freight Line's management team includes the following people:
  • Mr. David S. Congdon, Exec. Chairman (Age 65, Pay $7.18M) (LinkedIn Profile)
  • Mr. Greg C. Gantt, Pres, CEO & Director (Age 66, Pay $8.56M)
  • Mr. Adam N. Satterfield, Sr. VP of Fin., CFO & Assistant Sec. (Age 47, Pay $4M)
  • Mr. Kevin Freeman, Exec. VP & COO (Age 63, Pay $4.77M)
  • Mr. Gregory B. Plemmons, Sr. VP of Sales (Age 57, Pay $3M)
  • Mr. Earl E. Congdon, Chairman Emeritus & Sr. Advisor (Age 91)
  • Ms. Kimberly S. Maready, Principal Accounting Officer and VP of Accounting & Fin. (Age 51)
  • Mr. Ross H. Parr, Sr. VP of Legal Affairs, Gen. Counsel & Sec. (Age 50)
  • Sam Faucette, VP of Safety & Compliance
  • Mr. Christopher Thomas Brooks, Sr. VP of HR & Safety (Age 51)
What is David S. Congdon's approval rating as Old Dominion Freight Line's CEO?

310 employees have rated Old Dominion Freight Line CEO David S. Congdon on Glassdoor.com. David S. Congdon has an approval rating of 83% among Old Dominion Freight Line's employees.

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), Walt Disney (DIS), Netflix (NFLX), Home Depot (HD), PayPal (PYPL), Mastercard (MA), Intel (INTC), Johnson & Johnson (JNJ), Visa (V) and ServiceNow (NOW).

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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.58%), BlackRock Inc. (9.05%), State Street Corp (3.58%), JPMorgan Chase & Co. (2.35%), WCM Investment Management LLC (1.72%) and Invesco Ltd. (1.36%). Company insiders that own Old Dominion Freight Line stock include David S Congdon 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 Lord Abbett & CO. LLC, First Trust Advisors LP, Clearbridge Investments LLC, American Century Companies Inc., Canada Pension Plan Investment Board, Avity Investment Management Inc., Parnassus Investments LLC, and Wellington Management Group LLP. 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 activity for Old Dominion Freight Line
or view top insider-selling stocks.

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 Renaissance Technologies LLC, BlackRock Inc., ProShare Advisors LLC, Vanguard Group Inc., Mirae Asset Global Investments Co. Ltd., Citigroup Inc., Twin Tree Management LP, and Adams Diversified Equity Fund Inc..
View insider buying and selling activity for Old Dominion Freight Line
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

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

One share of ODFL stock can currently be purchased for approximately $262.48.

How much money does Old Dominion Freight Line make?

Old Dominion Freight Line has a market capitalization of $29.75 billion and generates $5.26 billion in revenue each year. The transportation company earns $1.03 billion in net income (profit) each year or $9.79 on an earnings per share basis.

How many employees does Old Dominion Freight Line have?

Old Dominion Freight Line employs 23,663 workers across the globe.

When was Old Dominion Freight Line founded?

Old Dominion Freight Line was founded in 1934.

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, via email at [email protected], or via fax at 336-822-5239.

This page was last updated on 5/17/2022 by MarketBeat.com Staff

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