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 announced a quarterly dividend on Tuesday, July 31st. Stockholders 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 annualized dividend and a dividend yield of 0.35%. The ex-dividend date of this dividend is Wednesday, September 5th. View Old Dominion Freight Line's Dividend History.

Old Dominion Freight Line declared that its Board of Directors has approved a share buyback program 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 programs are typically an indication that the company's board believes its stock is undervalued.

Old Dominion Freight Line (NASDAQ:ODFL) released its quarterly earnings data on Thursday, July, 26th. The transportation company reported $1.99 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.82 by $0.17. The transportation company earned $1.03 billion during the quarter, compared to analyst estimates of $1.03 billion. Old Dominion Freight Line had a return on equity of 20.31% and a net margin of 15.37%. The business's revenue for the quarter was up 23.1% on a year-over-year basis. During the same period last year, the firm posted $1.19 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 Thursday, October, 25th 2018. View Earnings Estimates for Old Dominion Freight Line.

13 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 $145.00 in the next twelve months. This suggests that the stock has a possible downside of 1.2%. 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), 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), P.A.M. Transportation Services (PTSI), YRC Worldwide (YRCW), USA Truck (USAK) and Celadon Group (CGI).

Headlines about ODFL stock have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Old Dominion Freight Line earned a media and rumor sentiment score of 0.11 on Accern's scale. They also assigned media coverage about the transportation company an impact score of 48.94 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Old Dominion Freight Line.

Old Dominion Freight Line's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.80%), Janus Henderson Group PLC (3.04%), Bank of New York Mellon Corp (0.90%), Wells Fargo & Company MN (0.89%), Wasatch Advisors Inc. (0.82%) and Dimensional Fund Advisors LP (0.79%). Company insiders that own Old Dominion Freight Line stock include David S Congdon, Jeffrey W 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 acquired 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., BlackRock Inc., Carillon Tower Advisers Inc., First Trust Advisors LP and Dai Ichi Life Insurance Company Ltd. 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 $146.80.

Old Dominion Freight Line has a market capitalization of $12.02 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.