NASDAQ:ODFL - Old Dominion Freight Line Stock Price, Price Target & More

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

Old Dominion Freight Line declared a quarterly dividend on Thursday, May 17th. Stockholders of record on Wednesday, June 6th will be given a dividend of $0.13 per share on Wednesday, June 20th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.33%. The ex-dividend date of this dividend is Tuesday, June 5th. View Old Dominion Freight Line's Dividend History.

Old Dominion Freight Line declared that its Board of Directors has authorized a stock repurchase program on Thursday, May 17th 2018, which allows the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 2.1% of its stock through open market purchases. Stock repurchase 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, April, 26th. The transportation company reported $1.33 earnings per share for the quarter, beating analysts' consensus estimates of $1.30 by $0.03. The transportation company had revenue of $925.02 million for the quarter, compared to analyst estimates of $925.83 million. Old Dominion Freight Line had a return on equity of 18.47% and a net margin of 14.38%. The firm's revenue for the quarter was up 22.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.80 earnings per share. View Old Dominion Freight Line's Earnings History.

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

13 Wall Street analysts have issued 1 year target prices for Old Dominion Freight Line's shares. Their predictions range from $101.00 to $175.00. On average, they anticipate Old Dominion Freight Line's stock price to reach $140.00 in the next year. 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), Schneider National (SNDR), Landstar System (LSTR), Werner Enterprises (WERN), Saia (SAIA), Heartland Express (HTLD), Marten Transport (MRTN), ArcBest (ARCB), Universal Logistics (ULH), Covenant Transportation Group (CVTI), YRC Worldwide (YRCW), P.A.M. Transportation Services (PTSI), USA Truck (USAK) and Celadon Group (CGI).

Headlines about ODFL stock have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Old Dominion Freight Line earned a media sentiment score of 0.11 on Accern's scale. They also assigned press coverage about the transportation company an impact score of 45.24 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Old Dominion Freight Line's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.68%), Kayne Anderson Rudnick Investment Management LLC (3.19%), JPMorgan Chase & Co. (2.67%), Lord Abbett & CO. LLC (1.14%), Wasatch Advisors Inc. (0.87%) and Dimensional Fund Advisors LP (0.81%). Company insiders that own Old Dominion Freight Line stock include David S Congdon, Jeffrey W Congdon, John R Congdon Jr 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 Atlantic Trust Group LLC, Victory Capital Management Inc., SPF Beheer BV, Millennium Management LLC, Westfield Capital Management Co. LP, Wasatch Advisors Inc., Chilton Investment Co. LLC and Russell Investments Group Ltd.. 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 for Old Dominion Freight Line.

ODFL stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Lord Abbett & CO. LLC, Federated Investors Inc. PA, Kayne Anderson Rudnick Investment Management LLC, AGF Investments Inc., Legal & General Group Plc, Amundi Pioneer Asset Management Inc. and Eagle Asset Management Inc.. 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 $157.80.

Old Dominion Freight Line has a market capitalization of $12.97 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.