NASDAQ:ODFL Old Dominion Freight Line Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Old Dominion Freight Line, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $259.02 -1.99 (-0.76%) (As of 07/5/2022 12:00 AM ET) Add Compare Share Today's Range$252.40▼$259.6450-Day Range$232.10▼$292.2652-Week Range$231.31▼$373.58Volume711,969 shsAverage Volume1.02 million shsMarket Capitalization$29.36 billionP/E Ratio26.46Dividend Yield0.46%Price Target$299.71 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Old Dominion Freight Line MarketRank™ ForecastAnalyst RatingHold2.18 Rating ScoreUpside/Downside15.7% Upside$299.71 Price TargetShort InterestHealthy3.84% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-4.96Upright™ Environmental ScoreNews Sentiment0.46Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth4.03%From $11.42 to $11.88 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.79 out of 5 starsTransportation Sector79th out of 176 stocksTrucking, Except Local Industry11th out of 18 stocks 2.1 Analyst's Opinion Consensus RatingOld Dominion Freight Line has received a consensus rating of Hold. The company's average rating score is 2.18, and is based on 4 buy ratings, 12 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $299.71, Old Dominion Freight Line has a forecasted upside of 15.7% from its current price of $259.02.Amount of Analyst CoverageOld Dominion Freight Line has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.84% of the float of Old Dominion Freight Line has been sold short.Short Interest Ratio / Days to CoverOld Dominion Freight Line has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Old Dominion Freight Line has recently increased by 7.76%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldOld Dominion Freight Line has a dividend yield of 0.46%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthOld Dominion Freight Line has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Old Dominion Freight Line is 12.26%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Old Dominion Freight Line will have a dividend payout ratio of 10.10% next year. This indicates that Old Dominion Freight Line will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreOld Dominion Freight Line has received a -72.33% net impact score from Upright. The largest negative impact of Old Dominion Freight Line in category "GHG emissions" seems to be driven mostly by its "Truck freight transport services", "Refrigerated truck freight transport services", and "Air freight transport services" products. See details.Environmental SustainabilityThe Environmental Impact score for Old Dominion Freight Line is -4.96. Previous Next 2.5 News and Social Media Coverage News SentimentOld Dominion Freight Line has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Old Dominion Freight Line this week, compared to 5 articles on an average week.Search Interest7 people have searched for ODFL on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.MarketBeat Follows58 people have added Old Dominion Freight Line to their MarketBeat watchlist in the last 30 days. This is an increase of 1,350% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Old Dominion Freight Line insiders have not sold or bought any company stock.Percentage Held by Insiders10.30% of the stock of Old Dominion Freight Line is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions77.86% of the stock of Old Dominion Freight Line is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Old Dominion Freight Line are expected to grow by 4.03% in the coming year, from $11.42 to $11.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Old Dominion Freight Line is 26.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 85.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Old Dominion Freight Line is 26.46, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 12.02.Price to Earnings Growth RatioOld Dominion Freight Line has a PEG Ratio of 1.27. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioOld Dominion Freight Line has a P/B Ratio of 8.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ODFL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Old Dominion Freight Line and its competitors with MarketBeat's FREE daily newsletter. Email Address About Old Dominion Freight Line (NASDAQ:ODFL) StockOld 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.Read More ODFL Stock News HeadlinesJuly 5, 2022 | morningstar.comOld Dominion Freight Line Inc Ordinary Shares - Stock Sustainability ODFLJune 30, 2022 | benzinga.comPeering Into Old Dominion Freight Line's Recent Short InterestJuly 6, 2022 | Investing Daily (Ad)Former Lawyer Went From $50K To $5.3M Trading OptionsSlaving away for 70 hrs a week as a lawyer in Chicago, I was miserable. I ran into guys who worked the trading floor at the local exchange. I began trading the same way they did. I started out with $50K (much more than I needed, actually). I grew my $50K into $5.3M June 29, 2022 | americanbankingnews.comOld Dominion Freight Line (NASDAQ:ODFL) Earns Neutral Rating from Analysts at Credit Suisse GroupJune 28, 2022 | finance.yahoo.comOld Dominion Freight Line Is Ready to Roll AgainJune 28, 2022 | finance.yahoo.comOld Dominion Freight Line's (NASDAQ:ODFL) five-year earnings growth trails the fantastic shareholder returnsJune 28, 2022 | americanbankingnews.comBrokerages Set Old Dominion Freight Line, Inc. (NASDAQ:ODFL) PT at $297.71June 27, 2022 | finance.yahoo.comWells Fargo Upgrades Old Dominion Freight, Sees 15% UpsideJuly 6, 2022 | RJO Futures (Ad)A One Stop Shop for Everything Futures TradingWhether you're looking to learn the basics of futures or are a seasoned vet looking to hone your trading skills, our Technical Analysis Guide has everything you need to succeed in today's futures markets! June 27, 2022 | seekingalpha.comOld Dominion Freight Line trades higher after Wells Fargo upgrades on confidence in trucking upsideJune 26, 2022 | seekingalpha.comOld Dominion: An Old But Powerful Contender In The Trucking IndustryJune 24, 2022 | seekingalpha.comOld Dominion's Potential As A Dividend Growth Stock Is PhenomenalJune 20, 2022 | finance.yahoo.comSolid LTL Segment Aids Old Dominion (ODFL), High Costs AilJune 16, 2022 | finance.yahoo.comThese Dividend Stocks Can Double Your Money in Under 5 YearsJune 9, 2022 | nasdaq.comAugust 19th Options Now Available For Old Dominion Freight Line (ODFL)June 7, 2022 | finance.yahoo.comOld Dominion (ODFL) Posts Solid May LTL Unit PerformanceJune 7, 2022 | seekingalpha.comOld Dominion Freight Line expected to see moderating yieldsJune 6, 2022 | seekingalpha.comOld Dominion Freight Line reports 26% growth in May revenueJune 6, 2022 | finance.yahoo.comOld Dominion Freight Line Provides Update for Second Quarter 2022June 5, 2022 | finance.yahoo.comWhy The 37% Return On Capital At Old Dominion Freight Line (NASDAQ:ODFL) Should Have Your AttentionMay 26, 2022 | msn.comOld Dominion Freight Line: Dividend InsightsMay 19, 2022 | seekingalpha.comOld Dominion Freight Line declares $0.30 dividendMay 19, 2022 | markets.businessinsider.comCitigroup Maintains Neutral Rating for Old Dominion Freight Line: Here's What You Need To KnowMay 19, 2022 | finance.yahoo.comOld Dominion Freight Line, Inc.: Old Dominion's Rapid Growth Persists Into Early 2022, but Some Normalization LikelyMay 19, 2022 | finance.yahoo.comOld Dominion Freight Line Announces $0.30 Per Share Quarterly Cash DividendMay 18, 2022 | markets.businessinsider.comWhat 6 Analyst Ratings Have To Say About Old Dominion Freight LineMay 6, 2022 | nasdaq.comHere's Why Old Dominion Freight Line (ODFL) is a Strong Growth StockSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Trucking, except local Sub-IndustryTrucking SectorTransportation Current SymbolNASDAQ:ODFL CUSIP67958010 CIK878927 Webwww.odfl.com Phone(336) 889-5000Fax336-822-5239Employees23,663Year Founded1934Company Calendar Last Earnings4/27/2022Ex-Dividend for 6/15 Dividend5/31/2022Dividend Payable6/15/2022Today7/05/2022Next Earnings (Confirmed)7/27/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$299.71 High Stock Price Forecast$385.00 Low Stock Price Forecast$232.00 Forecasted Upside/Downside+15.7%Consensus RatingHold Rating Score (0-4)2.17647058823529 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$9.79 Trailing P/E Ratio26.46 Forward P/E Ratio22.68 P/E Growth1.27Net Income$1.03 billion Net Margins20.17% Pretax Margin27.09% Return on Equity32.41% Return on Assets24.28% Debt Debt-to-Equity Ratio0.03 Current Ratio2.21 Quick Ratio2.21 Sales & Book Value Annual Sales$5.26 billion Price / Sales5.59 Cash Flow$11.17 per share Price / Cash Flow23.19 Book Value$32.00 per share Price / Book8.09Miscellaneous Outstanding Shares113,354,000Free Float101,679,000Market Cap$29.36 billion OptionableOptionable Beta1.00 Social Links Old Dominion Freight Line Frequently Asked Questions Should I buy or sell Old Dominion Freight Line stock right now? 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Old Dominion Freight Line in the last twelve months. There are currently 1 sell rating, 12 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research 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. What is Old Dominion Freight Line's stock price forecast for 2022? 17 brokerages have issued 12 month price objectives for Old Dominion Freight Line's stock. Their ODFL stock forecasts range from $232.00 to $385.00. On average, they expect Old Dominion Freight Line's share price to reach $299.71 in the next twelve months. This suggests a possible upside of 15.7% from the stock's current price. View analysts' price targets for Old Dominion Freight Line or view top-rated stocks among Wall Street analysts. How has Old Dominion Freight Line's stock price performed in 2022? Old Dominion Freight Line's stock was trading at $358.38 at the beginning of 2022. Since then, ODFL stock has decreased by 27.7% and is now trading at $259.02. View the best growth stocks for 2022 here. 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 can I listen to Old Dominion Freight Line's earnings call? Old Dominion Freight Line will be holding an earnings conference call on Wednesday, July 27th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "7163281". How were Old Dominion Freight Line's earnings last quarter? Old Dominion Freight Line, Inc. (NASDAQ:ODFL) announced its quarterly earnings data on Wednesday, April, 27th. The transportation company reported $2.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 for the quarter was up 32.9% on a year-over-year basis. During the same period 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 Thursday, May 19th. Investors of record on Wednesday, June 1st will be given a dividend of $0.30 per share on Wednesday, June 15th. This represents a $1.20 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend is Tuesday, May 31st. View Old Dominion Freight Line's dividend history. Is Old Dominion Freight Line a good dividend stock? Old Dominion Freight Line(NASDAQ:ODFL) pays an annual dividend of $1.20 per share and currently has a dividend yield of 0.46%. 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 10.10% 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 on Tuesday, March 24th 2020. The 3-2 split was announced on Friday, February 21st 2020. The newly minted shares were issued to shareholders after the market closes 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. 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 & ComplianceMr. 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. 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 Transport Services (JBHT), AMERCO (UHAL), Knight-Swift Transportation (KNX), Avis Budget Group (CAR), Landstar System (LSTR), Saia (SAIA), Ryder System (R), Werner Enterprises (WERN), Marten Transport (MRTN), Heartland Express (HTLD) and FRP (FRPH). View all of ODFL's 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), 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." 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 $259.02. How much money does Old Dominion Freight Line make? Old Dominion Freight Line (NASDAQ:ODFL) has a market capitalization of $29.36 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. How can I contact Old Dominion Freight Line? Old Dominion Freight Line's mailing address is 500 OLD DOMINION WAY, THOMASVILLE NC, 27360. The official website for Old Dominion Freight Line is www.odfl.com. The transportation company can be reached via phone at (336) 889-5000, via email at investor.relations@odfl.com, or via fax at 336-822-5239. This page (NASDAQ:ODFL) was last updated on 7/6/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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