Old Dominion Freight Line Company Profile (NASDAQ:ODFL)

About Old Dominion Freight Line (NASDAQ:ODFL)

Old Dominion Freight Line logoOld Dominion Freight Line, Inc. is a union-free motor carrier providing regional, inter-regional and national less-than-truckload (LTL) services. The Company's LTL services include ground and air expedited transportation for time-sensitive shipments, consumer household pickup and delivery and freight delivery services throughout North America. In addition to its LTL services, the Company offers a range of other value-added services that include container drayage, truckload brokerage, supply chain consulting and warehousing. As of December 31, 2016, the Company operated 226 service center locations, of which it owned 182 and leased 44. As of December 31, 2016, its network included 10 breakbulk facilities located in Rialto, California; Atlanta, Georgia; Columbus, Ohio; Indianapolis, Indiana; Greensboro, North Carolina; Harrisburg, Pennsylvania; Memphis and Morristown, Tennessee; Dallas, Texas, and Salt Lake City, Utah. As of December 31, 2016, the Company owned 7,994 tractors.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Freight Trucking
  • Sub-Industry: Trucking
  • Symbol: NASDAQ:ODFL
  • CUSIP: 67958010
  • Web: www.odfl.com
Capitalization:
  • Market Cap: $9.27 billion
  • Outstanding Shares: 82,386,000
Average Prices:
  • 50 Day Moving Avg: $105.78
  • 200 Day Moving Avg: $95.39
  • 52 Week Range: $70.48 - $112.50
P/E:
  • Trailing P/E Ratio: 29.14
  • Foreward P/E Ratio: 23.68
  • P/E Growth: 1.82
Sales & Book Value:
  • Annual Revenue: $3.12 billion
  • Price / Sales: 2.97
  • Book Value: $24.19 per share
  • Price / Book: 4.65
Dividend:
  • Annual Dividend: $0.40
  • Dividend Yield: 0.4%
Profitability:
  • EBITDA: $718.76 million
  • Net Margins: 10.19%
  • Return on Equity: 16.87%
  • Return on Assets: 11.61%
Debt:
  • Debt-to-Equity Ratio: 0.02%
  • Current Ratio: 1.29%
  • Quick Ratio: 1.29%
Misc:
  • Average Volume: 468,598 shs.
  • Beta: 1.09
  • Short Ratio: 4.68
 

Frequently Asked Questions for Old Dominion Freight Line (NASDAQ:ODFL)

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 Tuesday, August 1st. Stockholders of record on Wednesday, September 6th will be given a dividend of $0.10 per share on Wednesday, September 20th. This represents a $0.40 annualized dividend and a dividend yield of 0.36%. The ex-dividend date is Friday, September 1st. View Old Dominion Freight Line's Dividend History.

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

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) posted its quarterly earnings results on Thursday, July, 27th. The company reported $1.19 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.10 by $0.09. The business earned $839.90 million during the quarter, compared to analyst estimates of $824.68 million. Old Dominion Freight Line had a return on equity of 16.87% and a net margin of 10.19%. The business's quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.98 EPS. View Old Dominion Freight Line's Earnings History.

When will Old Dominion Freight Line make its next earnings announcement?

Old Dominion Freight Line is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Old Dominion Freight Line.

Where is Old Dominion Freight Line's stock going? Where will Old Dominion Freight Line's stock price be in 2017?

11 analysts have issued 12-month target prices for Old Dominion Freight Line's shares. Their predictions range from $83.00 to $119.00. On average, they anticipate Old Dominion Freight Line's share price to reach $102.00 in the next twelve months. View Analyst Ratings for Old Dominion Freight Line.

Who are some of Old Dominion Freight Line's key competitors?

Who are Old Dominion Freight Line's key executives?

Old Dominion Freight Line's management team includes the folowing people:

  • Earl E. Congdon, Executive Chairman of the Board
  • Greg C. Gantt, President, Chief Operating Officer
  • David S. Congdon, Chief Executive Officer, Vice Chairman of the Board
  • Adam N. Satterfield, Chief Financial Officer, Senior Vice President - Finance, Assistant Secretary
  • Ross H. Parr, Senior Vice President - Legal Affairs, General Counsel, Secretary
  • Kevin Marty Freeman, Senior Vice President - Sales
  • David J. Bates, Senior Vice President - Operations
  • Cecil E. Overbey Jr., Senior Vice President - Strategic Development
  • Kimberly S. Maready, Principal Accounting Officer
  • Robert G. Culp III, Lead Independent Director

Who owns Old Dominion Freight Line stock?

Old Dominion Freight Line's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Canal Capital Management LLC (0.06%), Shell Asset Management Co. (0.06%), APG Asset Management N.V. (0.05%), State Treasurer State of Michigan (0.03%), Tributary Capital Management LLC (0.02%) and Quantitative Systematic Strategies LLC (0.01%). 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.

Who sold Old Dominion Freight Line stock? Who is selling Old Dominion Freight Line stock?

Old Dominion Freight Line's stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan, Tributary Capital Management LLC and Quantitative Systematic Strategies LLC. Company insiders that have sold Old Dominion Freight Line stock in the last year include David S Congdon and Leo H Suggs. View Insider Buying and Selling for Old Dominion Freight Line.

Who bought Old Dominion Freight Line stock? Who is buying Old Dominion Freight Line stock?

Old Dominion Freight Line's stock was purchased by a variety of institutional investors in the last quarter, including Shell Asset Management Co., Canal Capital Management LLC, APG Asset Management N.V., Meeder Asset Management Inc. and Stearns Financial Services Group. View Insider Buying and Selling for Old Dominion Freight Line.

How do I buy Old Dominion Freight Line stock?

Shares of Old Dominion Freight Line can be purchased through any online brokerage account. Popular online brokerages 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 Old Dominion Freight Line stock can currently be purchased for approximately $112.50.


MarketBeat Community Rating for Old Dominion Freight Line (NASDAQ ODFL)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  216 (Vote Outperform)
Underperform Votes:  317 (Vote Underperform)
Total Votes:  533
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Old Dominion Freight Line (NASDAQ:ODFL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.27)
Consensus Price Target: $102.00 (9.33% downside)
Consensus Price Target History for Old Dominion Freight Line (NASDAQ:ODFL)
Price Target History for Old Dominion Freight Line (NASDAQ:ODFL)
Analysts' Ratings History for Old Dominion Freight Line (NASDAQ:ODFL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017KeyCorpReiterated RatingBuy$115.00N/AView Rating Details
10/12/2017Credit Suisse GroupReiterated RatingOutperform$110.00 -> $119.00N/AView Rating Details
10/10/2017Bank of America CorporationDowngradeNeutral -> Underperform$105.00 -> $102.00N/AView Rating Details
10/6/2017Robert W. BairdReiterated RatingHold$113.00N/AView Rating Details
10/5/2017Morgan StanleyBoost Price TargetOverweight$87.00 -> $91.00N/AView Rating Details
9/1/2017Cowen and CompanyReiterated RatingHold$100.00LowView Rating Details
8/21/2017Buckingham ResearchInitiated CoverageNeutral -> Neutral$105.00MediumView Rating Details
7/31/2017Deutsche Bank AGDowngradeBuy -> Hold$108.00 -> $98.00MediumView Rating Details
7/14/2017Stifel NicolausReiterated RatingHold$91.00LowView Rating Details
4/13/2017Vertical ResearchReiterated RatingHold$83.00HighView Rating Details
12/16/2016Seaport Global SecuritiesReiterated RatingBuy$105.00N/AView Rating Details
6/2/2016Longbow ResearchReiterated RatingBuyN/AView Rating Details
2/5/2016Evercore ISIBoost Price TargetHold$64.00N/AView Rating Details
1/7/2016Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$75.00 -> $60.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Old Dominion Freight Line (NASDAQ:ODFL)
Earnings by Quarter for Old Dominion Freight Line (NASDAQ:ODFL)
Earnings History by Quarter for Old Dominion Freight Line (NASDAQ ODFL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$1.16N/AView Earnings Details
7/27/2017Q2 2017$1.10$1.19$824.68 million$839.90 millionViewN/AView Earnings Details
4/27/2017Q1 2017$0.79$0.80$751.84 million$754.10 millionViewN/AView Earnings Details
2/2/2017Q416$0.86$0.83$739.36 million$745.74 millionViewListenView Earnings Details
10/27/2016Q316$0.97$1.03$319.94 million$782.60 millionViewListenView Earnings Details
7/28/2016Q216$0.95$0.98$754.33 million$755.40 millionViewListenView Earnings Details
4/28/2016Q116$0.76$0.72$722.49 million$707.70 millionViewListenView Earnings Details
2/4/2016Q415$0.84$0.85$744.94 million$734.60 millionViewN/AView Earnings Details
10/29/2015Q315$1.01$0.99$795.05 million$779.50 millionViewListenView Earnings Details
7/30/2015Q215$0.98$1.00$770.09 million$762.10 millionViewListenView Earnings Details
4/30/2015Q115$0.71$0.73$707.94 million$696.25 millionViewN/AView Earnings Details
2/5/2015Q414$0.72$0.81$711.61 million$721.00 millionViewN/AView Earnings Details
10/30/2014Q314$0.87$0.90$733.27 million$743.60 millionViewN/AView Earnings Details
7/31/2014Q214$0.82$0.86$691.76 million$7.03 billionViewN/AView Earnings Details
4/24/2014Q114$0.51$0.53$596.24 million$620.30 millionViewN/AView Earnings Details
2/6/2014Q413$0.59$0.55$587.92 million$592.50 millionViewN/AView Earnings Details
10/24/2013Q313$0.69$0.70$606.75 million$616.46 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.64$0.68$580.10 million$590.20 millionViewN/AView Earnings Details
4/25/2013Q1 2013$0.42$0.47$531.74 million$532.60 millionViewN/AView Earnings Details
2/7/2013Q4 2012$0.50$0.46$535.27 million$527.30 millionViewN/AView Earnings Details
10/25/2012$0.54$0.59ViewN/AView Earnings Details
8/2/2012$0.77$0.83ViewN/AView Earnings Details
4/26/2012$0.53$0.54ViewN/AView Earnings Details
2/2/2012$0.57$0.69ViewN/AView Earnings Details
10/27/2011$0.64$0.67ViewN/AView Earnings Details
7/28/2011$0.55$0.69ViewN/AView Earnings Details
4/27/2011$0.29$0.38ViewN/AView Earnings Details
2/2/2011$0.38$0.39ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Old Dominion Freight Line (NASDAQ:ODFL)
2017 EPS Consensus Estimate: $3.97
2018 EPS Consensus Estimate: $4.65
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.79$0.82$0.81
Q2 20172$1.07$1.08$1.08
Q3 20172$1.14$1.14$1.14
Q4 20172$0.91$0.99$0.95
Q1 20181$0.93$0.93$0.93
Q2 20181$1.28$1.28$1.28
Q3 20181$1.29$1.29$1.29
Q4 20181$1.15$1.15$1.15
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Old Dominion Freight Line (NASDAQ:ODFL)
Most Recent Dividend:9/20/2017
Annual Dividend:$0.40
Dividend Yield:0.36%
Payout Ratio:10.39% (Trailing 12 Months of Earnings)
9.64% (Based on This Year's Estimates)
8.42% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Old Dominion Freight Line (NASDAQ:ODFL)

Dividend History by Quarter for Old Dominion Freight Line (NASDAQ ODFL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/1/2017quarterly$0.100.42%9/1/20179/6/20179/20/2017
5/17/2017quarterly$0.100.47%6/2/20176/6/20176/20/2017
2/2/2017quarterly$0.103/2/20173/6/20173/20/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Old Dominion Freight Line (NASDAQ:ODFL)
Insider Ownership Percentage: 12.00%
Institutional Ownership Percentage: 73.84%
Insider Trades by Quarter for Old Dominion Freight Line (NASDAQ:ODFL)
Institutional Ownership by Quarter for Old Dominion Freight Line (NASDAQ:ODFL)
Insider Trades by Quarter for Old Dominion Freight Line (NASDAQ:ODFL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/15/2017David S CongdonVice ChairmanSell575$97.83$56,252.25View SEC Filing  
11/21/2016David S CongdonVice ChairmanSell2,400$86.56$207,744.00View SEC Filing  
11/16/2016David S CongdonVice ChairmanSell40,000$85.27$3,410,800.00View SEC Filing  
11/11/2016Leo H SuggsDirectorSell3,800$81.35$309,130.00View SEC Filing  
11/1/2016David S CongdonVice ChairmanSell815$74.67$60,856.05View SEC Filing  
8/23/2016Jeffrey W CongdonInsiderSell24,555$69.84$1,714,921.20View SEC Filing  
8/16/2016David S CongdonVice ChairmanSell1,660$69.77$115,818.20View SEC Filing  
8/12/2016John R Congdon JrInsiderSell6,000$69.64$417,840.00View SEC Filing  
8/11/2016John R Congdon JrInsiderSell7,100$70.04$497,284.00View SEC Filing  
8/10/2016John R Congdon JrInsiderSell23,100$69.92$1,615,152.00View SEC Filing  
8/8/2016John R Congdon JrInsiderSell3,800$70.87$269,306.00View SEC Filing  
5/10/2016David S CongdonCEOSell2,200$65.41$143,902.00View SEC Filing  
5/5/2016Leo H SuggsDirectorBuy1,000$63.00$63,000.00View SEC Filing  
2/19/2016Jeffrey W CongdonInsiderSell10,000$62.07$620,700.00View SEC Filing  
8/21/2015Leo H SuggsDirectorBuy3,000$69.92$209,760.00View SEC Filing  
2/26/2015Jeffrey W CongdonInsiderSell72,500$78.38$5,682,550.00View SEC Filing  
2/23/2015David S CongdonCEOSell2,260$77.35$174,811.00View SEC Filing  
11/18/2014David S CongdonCEOSell3,500$77.16$270,060.00View SEC Filing  
5/28/2014John D KasardaDirectorBuy1,582$63.21$99,998.22View SEC Filing  
2/19/2014David CongdonCEOSell14,900$52.98$789,402.00View SEC Filing  
2/19/2014Earl CongdonChairmanSell70,127$52.85$3,706,211.95View SEC Filing  
8/7/2013John KasardaDirectorBuy2,250$44.45$100,012.50View SEC Filing  
8/6/2013David CongdonCEOSell55,000$44.89$2,468,950.00View SEC Filing  
8/1/2013David CongdonCEOSell4,600$45.07$207,322.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Old Dominion Freight Line (NASDAQ:ODFL)
Latest Headlines for Old Dominion Freight Line (NASDAQ:ODFL)
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Chart

Old Dominion Freight Line (ODFL) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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