NASDAQ:ODFL - Old Dominion Freight Line Stock Price, News & Analysis

$166.24
+0.71 (+0.43 %)
(As of 08/22/2019 09:58 AM ET)
Today's Range
$165.53
Now: $166.24
$166.46
50-Day Range
$142.84
MA: $159.29
$170.62
52-Week Range
$115.00
Now: $166.24
$171.87
Volume7,676 shs
Average Volume742,168 shs
Market Capitalization$13.30 billion
P/E Ratio22.53
Dividend Yield0.41%
Beta1.49
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. Read More…

Industry, Sector and Symbol

Industry Trucking, except local
Sub-IndustryTrucking
SectorTransportation
Current SymbolNASDAQ:ODFL
CUSIP67958010
Phone336-889-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.04 billion
Cash Flow$10.2491 per share
Book Value$34.98 per share

Profitability

Net Income$605.67 million

Miscellaneous

Employees21,279
Market Cap$13.30 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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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, July 18th. Shareholders of record on Wednesday, September 4th will be given a dividend of $0.17 per share on Wednesday, September 18th. This represents a $0.68 annualized dividend and a yield of 0.41%. The ex-dividend date of this dividend is Tuesday, September 3rd. 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 stock buyback program on Thursday, May 16th 2019, which authorizes the company to buyback $350,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 2.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its shares are undervalued.

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

Old Dominion Freight Line (NASDAQ:ODFL) announced its earnings results on Thursday, July, 25th. The transportation company reported $2.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.11 by $0.05. The transportation company earned $1.06 billion during the quarter, compared to the consensus estimate of $1.08 billion. Old Dominion Freight Line had a return on equity of 23.57% and a net margin of 15.48%. Old Dominion Freight Line's revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.99 EPS. View Old Dominion Freight Line's Earnings History.

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

Old Dominion Freight Line is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Old Dominion Freight Line.

What price target have analysts set for ODFL?

12 equities research analysts have issued 12-month price objectives for Old Dominion Freight Line's stock. Their forecasts range from $131.00 to $175.00. On average, they anticipate Old Dominion Freight Line's stock price to reach $151.5455 in the next twelve months. This suggests that the stock has a possible downside of 9.0%. View Analyst Price Targets for Old Dominion Freight Line.

What is the consensus analysts' recommendation for Old Dominion Freight Line?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old Dominion Freight Line in the last year. There are currently 9 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Old Dominion Freight Line.

Has Old Dominion Freight Line been receiving favorable news coverage?

News articles about ODFL stock have been trending positive recently, InfoTrie reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Old Dominion Freight Line earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave media headlines about the transportation company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View News Stories for Old Dominion Freight Line.

Are investors shorting Old Dominion Freight Line?

Old Dominion Freight Line saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 3,638,700 shares, an increase of 14.1% from the June 30th total of 3,187,800 shares. Based on an average trading volume of 533,900 shares, the days-to-cover ratio is currently 6.8 days. Currently, 5.1% of the company's shares are short sold. View Old Dominion Freight Line's Current Options Chain.

Who are some of Old Dominion Freight Line's key 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), Netflix (NFLX), Paypal (PYPL), Home Depot (HD), Mastercard (MA), Boeing (BA), Intel (INTC), UnitedHealth Group (UNH), Alibaba Group (BABA) and XPO Logistics (XPO).

Who are Old Dominion Freight Line's key executives?

Old Dominion Freight Line's management team includes the folowing people:
  • Mr. Greg C. Gantt, Pres, CEO & Director (Age 63)
  • Mr. Adam N. Satterfield, Sr. VP of Fin., CFO & Assistant Sec. (Age 44)
  • Mr. Kevin M. Freeman, Exec. VP & COO (Age 60)
  • Mr. Cecil E. Overbey Jr., Sr. VP of Strategic Devel. (Age 57)
  • Ms. Kimberly S. Maready, Principal Accounting Officer and VP of Accounting & Fin. (Age 48)

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 Vanguard Group Inc. (8.18%), BlackRock Inc. (7.87%), Kayne Anderson Rudnick Investment Management LLC (4.77%), Price T Rowe Associates Inc. MD (3.81%), Janus Henderson Group PLC (2.50%) and Janus Henderson Group PLC (2.50%). 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.

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 Prudential Financial Inc., AQR Capital Management LLC, Robeco Institutional Asset Management B.V., JPMorgan Chase & Co., Clark Capital Management Group Inc., Carillon Tower Advisers Inc., Allianz Asset Management GmbH and Wasatch Advisors Inc.. 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.

Which institutional investors are buying Old Dominion Freight Line stock?

ODFL stock was bought by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Nuveen Asset Management LLC, Kayne Anderson Rudnick Investment Management LLC, Balyasny Asset Management LLC, Invesco Ltd., Jag Capital Management LLC, Wells Fargo & Company MN and Vanguard Group 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 $166.46.

How big of a company is Old Dominion Freight Line?

Old Dominion Freight Line has a market capitalization of $13.32 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.

What is Old Dominion Freight Line's official website?

The official website for Old Dominion Freight Line is http://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.


MarketBeat Community Rating for Old Dominion Freight Line (NASDAQ ODFL)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  396 (Vote Outperform)
Underperform Votes:  536 (Vote Underperform)
Total Votes:  932
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.
This page was last updated on 8/22/2019 by MarketBeat.com Staff

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