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: Trucking
  • Sub-Industry: Trucking
  • Symbol: NASDAQ:ODFL
  • CUSIP: 67958010
  • Web: www.odfl.com
Capitalization:
  • Market Cap: $7.34 billion
  • Outstanding Shares: 82,441,000
Average Prices:
  • 50 Day Moving Avg: $85.50
  • 200 Day Moving Avg: $87.13
  • 52 Week Range: $56.74 - $94.97
P/E:
  • Trailing P/E Ratio: 24.45
  • Foreward P/E Ratio: 19.75
  • P/E Growth: 1.93
Sales & Book Value:
  • Annual Revenue: $3.04 billion
  • Price / Sales: 2.42
  • Book Value: $23.15 per share
  • Price / Book: 3.85
Dividend:
  • Dividend Yield: 0.5%
Profitability:
  • EBIDTA: $687.79 million
  • Net Margins: 9.89%
  • Return on Equity: 16.69%
  • Return on Assets: 11.21%
Debt:
  • Debt-to-Equity Ratio: 0.06%
  • Current Ratio: 1.33%
  • Quick Ratio: 1.45%
Misc:
  • Average Volume: 440,324 shs.
  • Beta: 1.02
  • Short Ratio: 8.06
 

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 Wednesday, May 17th. Shareholders of record on Tuesday, June 6th will be given a dividend of $0.10 per share on Tuesday, June 20th. This represents a $0.40 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend is Friday, June 2nd. View Old Dominion Freight Line's Dividend History.

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

Old Dominion Freight Line (NASDAQ:ODFL) announced its earnings results on Thursday, April, 27th. The company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.01. The company had revenue of $754.10 million for the quarter, compared to the consensus estimate of $751.84 million. Old Dominion Freight Line had a return on equity of 16.69% and a net margin of 9.89%. The business's quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the business earned $0.72 earnings per share. View Old Dominion Freight Line's Earnings History.

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

8 equities research analysts have issued twelve-month target prices for Old Dominion Freight Line's stock. Their predictions range from $83.00 to $105.00. On average, they anticipate Old Dominion Freight Line's stock price to reach $93.50 in the next year. View Analyst Ratings for Old Dominion Freight Line.

Are investors shorting Old Dominion Freight Line?

Old Dominion Freight Line saw a decrease in short interest during the month of April. As of April 28th, there was short interest totalling 2,403,805 shares, a decrease of 7.4% from the April 13th total of 2,596,503 shares. Based on an average trading volume of 453,226 shares, the short-interest ratio is currently 5.3 days.

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

Who owns Old Dominion Freight Line stock?

Old Dominion Freight Line's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.56%), Vanguard Group Inc. (6.46%), Janus Capital Management LLC (3.39%), William Blair Investment Management LLC (2.96%), Kayne Anderson Rudnick Investment Management LLC (2.36%) and State Street Corp (2.22%). 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 William Blair Investment Management LLC, Nomura Holdings Inc., Atlantic Trust Group LLC, OppenheimerFunds Inc., FMR LLC, JPMorgan Chase & Co., Morgan Stanley and Next Century Growth Investors LLC. Company insiders that have sold Old Dominion Freight Line stock in the last year include David S Congdon, Jeffrey W Congdon, John R Congdon Jr 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 BlackRock Inc., Daiwa Securities Group Inc., AQR Capital Management LLC, Scopus Asset Management L.P., Kayne Anderson Rudnick Investment Management LLC, Gotham Asset Management LLC, Private Advisor Group LLC and MARSHALL WACE ASIA Ltd. 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.

How much does a share of Old Dominion Freight Line stock cost?

One share of Old Dominion Freight Line stock can currently be purchased for approximately $89.06.

Analyst Ratings

Consensus Ratings for Old Dominion Freight Line (NASDAQ:ODFL) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 4 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.63)
Consensus Price Target: $93.50 (4.99% upside)

Analysts' Ratings History for Old Dominion Freight Line (NASDAQ:ODFL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/27/2017Cowen and CompanyBoost Price TargetMarket Perform -> Market Perform$88.00 -> $92.00LowView Rating Details
4/13/2017Vertical ResearchReiterated RatingHold$83.00HighView Rating Details
3/6/2017Credit Suisse Group AGReiterated RatingOutperform$92.00 -> $96.00N/AView Rating Details
12/16/2016Seaport Global SecuritiesReiterated RatingBuy$105.00N/AView Rating Details
11/29/2016KeyCorpBoost Price TargetOverweight$91.00 -> $95.00N/AView Rating Details
11/14/2016Deutsche Bank AGReiterated RatingTop Pick$90.00N/AView Rating Details
10/28/2016Bank of America CorpDowngradeNeutral -> UnderperformN/AView Rating Details
6/2/2016Longbow ResearchReiterated RatingBuyN/AView Rating Details
4/30/2016Morgan StanleyReiterated RatingBuyN/AView Rating Details
4/28/2016Stifel NicolausDowngradeBuy -> HoldN/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
12/18/2015Robert W. BairdLower Price Target$68.00 -> $65.00N/AView Rating Details
10/7/2015Citigroup IncDowngradeBuy -> NeutralN/AView Rating Details
(Data available from 5/27/2015 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
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: $3.86
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.79$0.82$0.81
Q2 20171$1.07$1.07$1.07
Q3 20171$1.07$1.07$1.07
Q4 20171$0.91$0.91$0.91
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Old Dominion Freight Line (NASDAQ:ODFL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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: 14.60%
Institutional Ownership Percentage: 77.82%
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
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)
Source:
DateHeadline
finance.yahoo.com logoOld Dominion Freight Line: The Truck Could Be Backing Up
finance.yahoo.com - May 26 at 7:58 PM
finance.yahoo.com logoOld Dominion Freight Line, Inc. breached its 50 day moving average in a Bullish Manner : ODFL-US : May 22, 2017
finance.yahoo.com - May 22 at 9:47 AM
seekingalpha.com logoOld Dominion Freight Line declares $0.10 dividend
seekingalpha.com - May 17 at 6:54 PM
finance.yahoo.com logoOld Dominion Freight Line Announces $0.10 Per Share Quarterly Cash Dividend
finance.yahoo.com - May 17 at 6:54 PM
americanbankingnews.com logoOld Dominion Freight Line (ODFL) Plans $0.10 Quarterly Dividend
www.americanbankingnews.com - May 17 at 4:52 PM
americanbankingnews.com logoShort Interest in Old Dominion Freight Line (ODFL) Decreases By 7.4%
www.americanbankingnews.com - May 12 at 11:44 PM
finance.yahoo.com logoOld Dominion Freight Line, Inc. breached its 50 day moving average in a Bearish Manner : ODFL-US : May 8, 2017
finance.yahoo.com - May 8 at 12:12 PM
americanbankingnews.com logo Analysts Expect Old Dominion Freight Line (ODFL) Will Post Quarterly Sales of $813.4 Million
www.americanbankingnews.com - May 6 at 9:26 AM
americanbankingnews.com logoZacks: Brokerages Expect Old Dominion Freight Line (ODFL) to Announce $1.07 Earnings Per Share
www.americanbankingnews.com - May 4 at 8:42 AM
americanbankingnews.com logoFavorable News Coverage Very Likely to Affect Old Dominion Freight Line (ODFL) Share Price
www.americanbankingnews.com - May 3 at 6:26 PM
americanbankingnews.com logoOld Dominion Freight Line (ODFL) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 3 at 11:34 AM
nasdaq.com logoOld Dominion Freight Line, Inc. (Nasdaq: ODFL) to Ring The Nasdaq Stock Market Opening Bell - Nasdaq
www.nasdaq.com - May 1 at 5:54 PM
finance.yahoo.com logoOld Dominion Freight Line, Inc. – Value Analysis (NASDAQ:ODFL) : May 1, 2017
finance.yahoo.com - May 1 at 5:54 PM
marketwatch.com logoOld Dominion Freight Line, Inc. (US: ODFL) to Ring The Nasdaq Stock Market Opening Bell
www.marketwatch.com - May 1 at 12:07 PM
feeds.benzinga.com logoOld Dominion Freight Line, Inc. (Nasdaq: ODFL) to Ring The Nasdaq Stock Market Opening Bell
feeds.benzinga.com - May 1 at 11:31 AM
americanbankingnews.com logoQ2 2017 EPS Estimates for Old Dominion Freight Line Decreased by Analyst (ODFL)
www.americanbankingnews.com - May 1 at 7:48 AM
americanbankingnews.com logoOld Dominion Freight Line (ODFL) Earning Favorable News Coverage, Analysis Shows
www.americanbankingnews.com - April 30 at 9:43 AM
seekingalpha.com logoOld Dominion Freight Line And Other LTL Performance To Date Bodes Well For Upcoming Reporting Peers
seekingalpha.com - April 29 at 7:25 PM
americanbankingnews.com logoOld Dominion Freight Line (ODFL) Issues Quarterly Earnings Results, Beats Estimates By $0.01 EPS
www.americanbankingnews.com - April 29 at 1:27 AM
seekingalpha.com logoOld Dominion Freight Line's (ODFL) Management on Q1 2017 ... - Seeking Alpha
seekingalpha.com - April 28 at 7:59 PM
finance.yahoo.com logoEdited Transcript of ODFL earnings conference call or presentation 27-Apr-17 2:00pm GMT
finance.yahoo.com - April 28 at 8:41 AM
finance.yahoo.com logoOld Dominion Freight Line, Inc. breached its 50 day moving average in a Bullish Manner : ODFL-US : April 28, 2017
finance.yahoo.com - April 28 at 8:41 AM
reuters.com logoBRIEF-Old Dominion Freight Line Q1 earnings per share $0.80
www.reuters.com - April 28 at 12:29 AM
nasdaq.com logoOld Dominion Freight Line Reports 9% Gain In Q1 Profit
www.nasdaq.com - April 28 at 12:29 AM
americanbankingnews.com logoOld Dominion Freight Line (ODFL) Issues Earnings Results
www.americanbankingnews.com - April 27 at 7:08 PM
americanbankingnews.com logoOld Dominion Freight Line (ODFL) Price Target Increased to $92.00 by Analysts at Cowen and Company
www.americanbankingnews.com - April 27 at 4:55 PM
finance.yahoo.com logoOld Dominion Freight Line Reports 11.1% Growth in Earnings Per Diluted Share to $0.80 For the First Quarter of 2017
finance.yahoo.com - April 27 at 10:11 AM
finance.yahoo.com logoOld Dominion beats Street 1Q forecasts
finance.yahoo.com - April 27 at 10:11 AM
americanbankingnews.com logoVery Favorable Media Coverage Somewhat Likely to Impact Old Dominion Freight Line (ODFL) Share Price
www.americanbankingnews.com - April 27 at 10:06 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Likely to Impact Old Dominion Freight Line (ODFL) Share Price
www.americanbankingnews.com - April 23 at 8:33 PM
bloomberg.com logoOld Dominion’s Congdon: Infrastructure Fee of 20 Cents A Gallon
www.bloomberg.com - April 21 at 9:19 AM
americanbankingnews.com logoPositive News Coverage Likely to Effect Old Dominion Freight Line (ODFL) Share Price
www.americanbankingnews.com - April 17 at 1:24 PM
americanbankingnews.com logoZacks: Brokerages Expect Old Dominion Freight Line (ODFL) Will Post Quarterly Sales of $747.08 Million
www.americanbankingnews.com - April 15 at 9:33 AM
nasdaq.com logoNoteworthy Thursday Option Activity: GS, ODFL, AAOI - Nasdaq
www.nasdaq.com - April 14 at 8:05 AM
americanbankingnews.com logoOld Dominion Freight Line (ODFL) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - April 13 at 8:44 PM
americanbankingnews.com logoFavorable News Coverage Very Likely to Impact Old Dominion Freight Line (ODFL) Stock Price
www.americanbankingnews.com - April 13 at 3:26 PM
americanbankingnews.com logoOld Dominion Freight Line (ODFL) Coverage Initiated at Vertical Research
www.americanbankingnews.com - April 13 at 10:28 AM
americanbankingnews.com logoZacks: Brokerages Expect Old Dominion Freight Line (ODFL) to Announce $0.79 EPS
www.americanbankingnews.com - April 13 at 9:10 AM
nasdaq.com logoOld Dominion Freight Line Becomes Oversold (ODFL) - Nasdaq
www.nasdaq.com - April 12 at 7:54 PM
reuters.com logoBRIEF-Old Dominion Freight Line to be "official freight carrier for MLB
www.reuters.com - April 7 at 7:24 PM
americanbankingnews.com logoOld Dominion Freight Line (ODFL) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - April 7 at 5:54 PM
bizjournals.com logoOld Dominion scores big Major League Baseball contract
www.bizjournals.com - April 7 at 11:40 AM
finance.yahoo.com logoOld Dominion Scores Major League Baseball Partnership
finance.yahoo.com - April 7 at 11:40 AM
finance.yahoo.com logoOld Dominion Signs Sponsorship Deal With MLB
finance.yahoo.com - April 7 at 11:40 AM
finance.yahoo.com logoOld Dominion Freight Line's First Quarter 2017 Conference Call On The Internet
finance.yahoo.com - April 7 at 11:40 AM
americanbankingnews.com logoOld Dominion Freight Line (ODFL) Lifted to "Buy" at Zacks Investment Research
www.americanbankingnews.com - April 2 at 7:04 AM
wsj.com logoAtlanta Highway Collapse to Create Long-Term Traffic Havoc
www.wsj.com - March 31 at 7:07 PM
americanbankingnews.com logoOld Dominion Freight Line (ODFL) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - March 27 at 9:44 AM
americanbankingnews.com logoOld Dominion Freight Line (ODFL) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - March 25 at 5:07 PM
prnewswire.com logoTechnical Reports on Trucking Equities -- YRC Worldwide, Heartland Express, Old Dominion Freight, and Celadon
www.prnewswire.com - March 24 at 8:39 AM

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Old Dominion Freight Line (ODFL) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff