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

Old Dominion Freight Line trades on the NASDAQ under the ticker symbol "ODFL."

Old Dominion Freight Line declared a quarterly dividend on Tuesday, July 31st. Investors of record on Thursday, September 6th will be paid a dividend of $0.13 per share on Thursday, September 20th. This represents a $0.52 dividend on an annualized basis and a yield of 0.32%. The ex-dividend date is Wednesday, September 5th. View Old Dominion Freight Line's Dividend History.

Old Dominion Freight Line announced that its Board of Directors has approved a share repurchase program on Thursday, May 17th 2018, which permits the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company's leadership believes its shares are undervalued.

Old Dominion Freight Line (NASDAQ:ODFL) announced its quarterly earnings results on Thursday, July, 26th. The transportation company reported $1.99 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.82 by $0.17. The transportation company earned $1.03 billion during the quarter, compared to analysts' expectations of $1.03 billion. Old Dominion Freight Line had a net margin of 15.37% and a return on equity of 20.31%. The firm's revenue for the quarter was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.19 EPS. View Old Dominion Freight Line's Earnings History.

Old Dominion Freight Line is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Old Dominion Freight Line.

13 brokers have issued 12-month price targets for Old Dominion Freight Line's shares. Their forecasts range from $101.00 to $175.00. On average, they expect Old Dominion Freight Line's share price to reach $145.8333 in the next twelve months. This suggests that the stock has a possible downside of 9.5%. View Analyst Price Targets for Old Dominion Freight Line.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old Dominion Freight Line in the last year. There are currently 2 sell ratings, 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Old Dominion Freight Line.

Some companies that are related to Old Dominion Freight Line include J B Hunt Transport Services (JBHT), Knight-Swift Transportation (KNX), Landstar System (LSTR), Schneider National (SNDR), Werner Enterprises (WERN), Saia (SAIA), Heartland Express (HTLD), ArcBest (ARCB), Marten Transport (MRTN), Universal Logistics (ULH), Covenant Transportation Group (CVTI), P.A.M. Transportation Services (PTSI), YRC Worldwide (YRCW), USA Truck (USAK) and Celadon Group (CGI).

Media headlines about ODFL stock have trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Old Dominion Freight Line earned a news and rumor sentiment score of 0.18 on Accern's scale. They also assigned media coverage about the transportation company an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for Old Dominion Freight Line.

Old Dominion Freight Line's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.80%), Janus Henderson Group PLC (3.04%), Bank of New York Mellon Corp (0.90%), Bank of New York Mellon Corp (0.90%), Wells Fargo & Company MN (0.89%) and Wasatch Advisors Inc. (0.82%). 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.

ODFL stock was sold by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, Fiera Capital Corp, FMR LLC, Janus Henderson Group PLC, Daiwa Securities Group Inc., Bank of America Corp DE, Canada Pension Plan Investment Board and Bank of New York Mellon Corp. View Insider Buying and Selling for Old Dominion Freight Line.

ODFL stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Wells Fargo & Company MN, CIBC Private Wealth Group LLC, Los Angeles Capital Management & Equity Research Inc., Royal London Asset Management Ltd., BlackRock Inc., Carillon Tower Advisers Inc. and First Trust Advisors LP. View Insider Buying and Selling for 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.

One share of ODFL stock can currently be purchased for approximately $161.16.

Old Dominion Freight Line has a market capitalization of $13.60 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.

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.