S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
The WORST National Security Threat To The USA Since The 1973 Arab Oil Embargo? (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
The WORST National Security Threat To The USA Since The 1973 Arab Oil Embargo? (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
The WORST National Security Threat To The USA Since The 1973 Arab Oil Embargo? (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
The WORST National Security Threat To The USA Since The 1973 Arab Oil Embargo? (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
The WORST National Security Threat To The USA Since The 1973 Arab Oil Embargo? (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
The WORST National Security Threat To The USA Since The 1973 Arab Oil Embargo? (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
The WORST National Security Threat To The USA Since The 1973 Arab Oil Embargo? (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
The WORST National Security Threat To The USA Since The 1973 Arab Oil Embargo? (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
NASDAQ:ODFL

Old Dominion Freight Line - ODFL Stock Forecast, Price & News

$286.65
-0.47 (-0.16%)
(As of 12/7/2022 12:00 AM ET)
Add
Compare
Today's Range
$284.90
$289.44
50-Day Range
$248.77
$318.09
52-Week Range
$231.31
$370.28
Volume
342,920 shs
Average Volume
954,194 shs
Market Capitalization
$31.67 billion
P/E Ratio
24.56
Dividend Yield
0.42%
Price Target
$290.94

Old Dominion Freight Line MarketRank™ Forecast

Analyst Rating
Hold
1.92 Rating Score
Upside/​Downside
1.5% Upside
$290.94 Price Target
Short Interest
Healthy
5.29% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.90
Upright™ Environmental Score
News Sentiment
0.33mentions of Old Dominion Freight Line in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$10.05 M Sold Last Quarter
Proj. Earnings Growth
-2.43%
From $11.94 to $11.65 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.88 out of 5 stars

Transportation Sector

96th out of 124 stocks

Trucking, Except Local Industry

11th out of 16 stocks

ODFL stock logo

About Old Dominion Freight Line (NASDAQ:ODFL) Stock

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.

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.

ODFL Stock News Headlines

Buying The Old Dominion Freight Line Dividend In 2023
Old Dominion at Charleston (SC) odds, tips and betting trends
East Carolina at Old Dominion odds, tips and betting trends
South Alabama vs. Old Dominion odds, tips and betting trends
Scott-Grayson and Old Dominion host Davidson
Old Dominion at Davidson odds, tips and betting trends
See More Headlines
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.

ODFL Company Calendar

Ex-Dividend for 9/21 Dividend
9/06/2022
Dividend Payable
9/21/2022
Last Earnings
10/26/2022
Ex-Dividend for 12/21 Dividend
12/06/2022
Today
12/07/2022
Dividend Payable
12/21/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/01/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$290.94
High Stock Price Forecast
$385.00
Low Stock Price Forecast
$232.00
Forecasted Upside/Downside
+1.5%
Consensus Rating
Hold
Rating Score (0-4)
1.92
Research Coverage
13 Analysts

Profitability

Net Income
$1.03 billion
Pretax Margin
28.83%

Debt

Sales & Book Value

Annual Sales
$5.26 billion
Cash Flow
$11.13 per share
Book Value
$32.00 per share

Miscellaneous

Free Float
99,102,000
Market Cap
$31.67 billion
Optionable
Optionable
Beta
1.06

Social Links


Key Executives

  • Mr. David S. CongdonMr. David S. Congdon (Age 65)
    Exec. Chairman
    Comp: $7.18M
  • Mr. Greg C. Gantt (Age 66)
    Pres, CEO & Director
    Comp: $8.56M
  • Mr. Adam N. Satterfield (Age 47)
    Sr. VP of Fin., CFO & Assistant Sec.
    Comp: $4M
  • Mr. Kevin Freeman (Age 63)
    Exec. VP & COO
    Comp: $4.77M
  • Mr. Gregory B. Plemmons (Age 57)
    Sr. VP of Sales
    Comp: $3M
  • Mr. Earl E. Congdon (Age 91)
    Chairman Emeritus & Sr. Advisor
  • Ms. Kimberly S. Maready (Age 51)
    Principal Accounting Officer and VP of Accounting & Fin.
  • Mr. Ross H. Parr (Age 50)
    Sr. VP of Legal Affairs, Gen. Counsel & Sec.
  • Sam Faucette
    VP of Safety & Compliance
  • Mr. Christopher Thomas Brooks (Age 51)
    Sr. VP of HR & Safety













ODFL Stock - Frequently Asked Questions

Should I buy or sell Old Dominion Freight Line stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Old Dominion Freight Line in the last year. There are currently 3 sell ratings, 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ODFL shares. 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 ODFL analyst ratings
or view top-rated stocks.

What is Old Dominion Freight Line's stock price forecast for 2023?

13 brokerages have issued twelve-month price targets for Old Dominion Freight Line's stock. Their ODFL share price forecasts range from $232.00 to $385.00. On average, they predict the company's share price to reach $290.94 in the next year. This suggests a possible upside of 1.4% from the stock's current price.
View analysts price targets for ODFL
or view top-rated stocks among Wall Street analysts.

How have ODFL shares performed in 2022?

Old Dominion Freight Line's stock was trading at $358.38 at the start of the year. Since then, ODFL stock has decreased by 20.0% and is now trading at $286.78.
View the best growth stocks for 2022 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our ODFL earnings forecast
.

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

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) posted its quarterly earnings data on Wednesday, October, 26th. The transportation company reported $3.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.06 by $0.30. The transportation company had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.62 billion. Old Dominion Freight Line had a net margin of 21.56% and a trailing twelve-month return on equity of 37.27%.

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, October 20th. Investors of record on Wednesday, December 7th will be given a dividend of $0.30 per share on Wednesday, December 21st. This represents a $1.20 annualized dividend and a yield of 0.42%. The ex-dividend date of this dividend is Tuesday, December 6th.
Read our dividend analysis for ODFL
.

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 0.41%. The company 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 is 10.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ODFL will have a dividend payout ratio of 10.30% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ODFL.

When did Old Dominion Freight Line's stock split?

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 issued shares were distributed to shareholders after the closing bell on Monday, March 23rd 2020. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

What is David S. Congdon's approval rating as Old Dominion Freight Line's CEO?

310 employees have rated Old Dominion Freight Line Chief Executive Officer David S. Congdon on Glassdoor.com. David S. Congdon has an approval rating of 83% among the company'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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.76%), BlackRock Inc. (8.59%), Price T Rowe Associates Inc. MD (7.42%), State Street Corp (3.46%), WCM Investment Management LLC (1.39%) and CIBC Private Wealth Group LLC (1.22%). Insiders that own company stock include David J Bates, David S Congdon and Leo H Suggs.
View institutional ownership trends
.

How do I buy shares of Old Dominion Freight Line?

Shares of ODFL stock 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 $286.78.

How much money does Old Dominion Freight Line make?

Old Dominion Freight Line (NASDAQ:ODFL) has a market capitalization of $31.68 billion and generates $5.26 billion in revenue each year. The transportation company earns $1.03 billion in net income (profit) each year or $11.67 on an earnings per share basis.

How many employees does Old Dominion Freight Line have?

The company employs 23,663 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 official website for the company 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 12/8/2022 by MarketBeat.com Staff