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 announced a quarterly dividend on Thursday, May 17th. Investors 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 yield of 0.36%. The ex-dividend date of this dividend is Tuesday, June 5th. View Old Dominion Freight Line's Dividend History.

Old Dominion Freight Line announced that its board has initiated a stock buyback plan on Thursday, May 17th 2018, which allows the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 2.1% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.

Old Dominion Freight Line (NASDAQ:ODFL) released its earnings results on Thursday, April, 26th. The transportation company reported $1.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.30 by $0.03. The transportation company earned $925.02 million during the quarter, compared to the consensus estimate 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 was up 22.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.80 EPS. View Old Dominion Freight Line's Earnings History.

Old Dominion Freight Line is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Old Dominion Freight Line.

13 Wall Street analysts have issued 12 month price objectives 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 stock price to reach $142.6667 in the next year. This suggests that the stock has a possible downside of 0.2%. View Analyst Ratings 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."

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).

News headlines about ODFL stock have been trending somewhat negative this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public 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 daily sentiment score of -0.01 on Accern's scale. They also gave news stories about the transportation company an impact score of 45.76 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Old Dominion Freight Line's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.13%), Bank of Montreal Can (0.02%), Empowered Funds LLC (0.01%), Denali Advisors LLC (0.01%), State of Alaska Department of Revenue (0.01%) and Atria Investments 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.

ODFL stock was sold by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Private Trust Co. NA and First Citizens Bank & Trust Co.. 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 Empowered Funds LLC, Scout Investments Inc., Bank of Montreal Can, Dalton Greiner Hartman Maher & Co., State of Alaska Department of Revenue, IFM Investors Pty Ltd and Atria Investments LLC. 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 $142.96.

Old Dominion Freight Line has a market capitalization of $12.19 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.