Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including ground and air expedited transportation, and consumer household pickup and delivery. The company also offers various value-added services comprising container drayage, truckload brokerage, supply chain consulting, and warehousing. As of December 31, 2017, it owned 8,316 tractors, as well as operated 228 service and 39 maintenance centers. Old Dominion Freight Line, Inc. was founded in 1934 and is based in Thomasville, North Carolina.
Industry, Sector and Symbol
Industry Trucking, except local
Sub-IndustryTrucking
SectorTransportation
Phone336-889-5000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.04 billion
Profitability
Miscellaneous
Employees21,279
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable
Old Dominion Freight Line (NASDAQ:ODFL) Frequently Asked Questions
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 Thursday, February 7th. Investors of record on Wednesday, March 6th will be paid a dividend of $0.17 per share on Wednesday, March 20th. This represents a $0.68 annualized dividend and a yield of 0.48%. The ex-dividend date is Tuesday, March 5th. This is a boost from Old Dominion Freight Line's previous quarterly dividend of $0.13. View Old Dominion Freight Line's Dividend History.
How will Old Dominion Freight Line's stock buyback program work?
Old Dominion Freight Line declared that its board has authorized a share repurchase program on Thursday, May 17th 2018, which allows the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 2.1% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its stock is undervalued.
How were Old Dominion Freight Line's earnings last quarter?
Old Dominion Freight Line (NASDAQ:ODFL) issued its quarterly earnings results on Thursday, February, 7th. The transportation company reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.74 by $0.21. The transportation company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.02 billion. Old Dominion Freight Line had a net margin of 14.98% and a return on equity of 23.90%. The firm's revenue for the quarter was up 15.2% compared to the same quarter last year. During the same period in the prior year, the company earned $2.39 EPS. View Old Dominion Freight Line's Earnings History.
When is Old Dominion Freight Line's next earnings date?
What guidance has Old Dominion Freight Line issued on next quarter's earnings?
Old Dominion Freight Line updated its FY 2019 earnings guidance on Thursday, February, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.14-1.16 billion, compared to the consensus revenue estimate of $1.15 billion.
What price target have analysts set for ODFL?
11 brokerages have issued 1 year price targets for Old Dominion Freight Line's shares. Their forecasts range from $131.00 to $160.00. On average, they expect Old Dominion Freight Line's share price to reach $146.80 in the next year. This suggests a possible upside of 2.9% from the stock's current price. View Analyst Price Targets for Old Dominion Freight Line.
What is the consensus analysts' recommendation for Old Dominion Freight Line?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old Dominion Freight Line in the last year. There are currently 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Old Dominion Freight Line.
Has Old Dominion Freight Line been receiving favorable news coverage?
Media headlines about ODFL stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Old Dominion Freight Line earned a media sentiment score of 1.6 on InfoTrie's scale. They also assigned news coverage about the transportation company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock's share price in the near term.
Who are some of Old Dominion Freight Line's key competitors?
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), Marten Transport (MRTN), ArcBest (ARCB), Universal Logistics (ULH), US Xpress Enterprises (USX), Covenant Transportation Group (CVTI), P.A.M. Transportation Services (PTSI), YRC Worldwide (YRCW) and USA Truck (USAK).
What other stocks do shareholders of Old Dominion Freight Line own?
Who are Old Dominion Freight Line's key executives?
Old Dominion Freight Line's management team includes the folowing people:
- Mr. Greg C. Gantt, CEO, Pres & Director (Age 63)
- Mr. Adam N. Satterfield, Sr. VP of Fin., CFO & Assistant Sec. (Age 44)
- Mr. Kevin M. Freeman, Exec. VP & COO (Age 60)
- Ms. Kimberly S. Maready, Principal Accounting Officer and VP of Accounting & Fin. (Age 48)
- Mr. Ross H. Parr, Sr. VP of Legal Affairs, Gen. Counsel & Sec. (Age 47)
Who are Old Dominion Freight Line's major shareholders?
Old Dominion Freight Line's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.61%), Oregon Public Employees Retirement Fund (5.12%), Kayne Anderson Rudnick Investment Management LLC (4.42%), Bank of New York Mellon Corp (0.96%), London Co. of Virginia (0.94%) and Norges Bank (0.89%). Company insiders that own Old Dominion Freight Line stock include David J Bates, David S Congdon and Leo H Suggs. View Institutional Ownership Trends for Old Dominion Freight Line.
Which major investors are selling Old Dominion Freight Line stock?
ODFL stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Amundi Pioneer Asset Management Inc., First Trust Advisors LP, BlackRock Inc., Los Angeles Capital Management & Equity Research Inc., Eagle Asset Management Inc., Millennium Management LLC and Kayne Anderson Rudnick Investment Management LLC. Company insiders that have sold Old Dominion Freight Line company stock in the last year include David J Bates and Leo H Suggs. View Insider Buying and Selling for Old Dominion Freight Line.
Which major investors are buying Old Dominion Freight Line stock?
ODFL stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, FMR LLC, Parnassus Investments CA, MERIAN GLOBAL INVESTORS UK Ltd, Royal London Asset Management Ltd., State of New Jersey Common Pension Fund D and Mackenzie Financial Corp. View Insider Buying and Selling for Old Dominion Freight Line.
How do I buy shares of 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.
What is Old Dominion Freight Line's stock price today?
One share of ODFL stock can currently be purchased for approximately $142.72.
How big of a company is Old Dominion Freight Line?
Old Dominion Freight Line has a market capitalization of $11.58 billion and generates $4.04 billion in revenue each year. The transportation company earns $605.67 million in net income (profit) each year or $7.38 on an earnings per share basis. Old Dominion Freight Line employs 21,279 workers across the globe.
What is Old Dominion Freight Line's official website?
How can I contact Old Dominion Freight Line?
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.
MarketBeat Community Rating for Old Dominion Freight Line (NASDAQ ODFL)
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 ODFL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ODFL will underperform the S&P 500 over the long term. You may vote once every thirty days.
