NASDAQ:ODFL

Old Dominion Freight Line Stock Forecast, Price & News

$290.63
+0.98 (+0.34 %)
(As of 09/20/2021 03:40 PM ET)
Add
Compare
Today's Range
$283.62
$290.67
50-Day Range
$250.15
$301.96
52-Week Range
$176.34
$304.22
Volume19,357 shs
Average Volume645,275 shs
Market Capitalization$33.66 billion
P/E Ratio39.65
Dividend Yield0.28%
Beta0.99
30 days | 90 days | 365 days | Advanced Chart
Receive ODFL News and Ratings via Email

Sign-up to receive the latest news and ratings for Old Dominion Freight Line and its competitors with MarketBeat's FREE daily newsletter.


Old Dominion Freight Line logo

About Old Dominion Freight Line

Old Dominion Freight Line, Inc. engages in the provision of less-than-truckload services. The firm involves in the ground and air expedited transportation and consumer household pickup and delivery. Its services include container drayage, truckload brokerage, supply chain consulting and warehousing. The company was founded by Earl Congdon Sr. and Lillian Congdon in 1934 and is headquartered in Thomasville, NC.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Social Links


MarketRank

Overall MarketRank

2.47 out of 5 stars

Transportation Sector

40th out of 172 stocks

Trucking, Except Local Industry

10th out of 18 stocks

Analyst Opinion: 2.2Community Rank: 4.1Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











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

Is Old Dominion Freight Line a buy right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Old Dominion Freight Line in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Old Dominion Freight Line stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ODFL, but not buy additional shares or sell existing shares.
View analyst ratings for Old Dominion Freight Line
or view top-rated stocks.

What stocks does MarketBeat like better than Old Dominion Freight Line?

Wall Street analysts have given Old Dominion Freight Line a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Old Dominion Freight Line wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Old Dominion Freight Line?

Old Dominion Freight Line saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,050,000 shares, an increase of 69.4% from the August 15th total of 1,210,000 shares. Based on an average daily volume of 548,600 shares, the short-interest ratio is presently 3.7 days. Currently, 2.0% of the company's shares are short sold.
View Old Dominion Freight Line's Short Interest
.

When is Old Dominion Freight Line's next earnings date?

Old Dominion Freight Line is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for Old Dominion Freight Line
.

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

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) posted its quarterly earnings data on Wednesday, July, 28th. The transportation company reported $2.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.17 by $0.14. The transportation company had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.24 billion. Old Dominion Freight Line had a trailing twelve-month return on equity of 26.30% and a net margin of 18.80%.
View Old Dominion Freight Line's earnings history
.

How has Old Dominion Freight Line's stock been impacted by COVID-19?

Old Dominion Freight Line's stock was trading at $180.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ODFL shares have increased by 61.3% and is now trading at $290.38.
View which stocks have been most impacted by COVID-19
.

How often does Old Dominion Freight Line pay dividends? What is the dividend yield for Old Dominion Freight Line?

Old Dominion Freight Line announced a quarterly dividend on Thursday, July 22nd. Stockholders of record on Wednesday, September 1st will be given a dividend of $0.20 per share on Wednesday, September 15th. This represents a $0.80 annualized dividend and a dividend yield of 0.28%. The ex-dividend date is Tuesday, August 31st.
View Old Dominion Freight Line's dividend history
.

Is Old Dominion Freight Line a good dividend stock?

Old Dominion Freight Line pays an annual dividend of $0.80 per share and currently has a dividend yield of 0.28%. The dividend payout ratio of Old Dominion Freight Line is 14.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Old Dominion Freight Line will have a dividend payout ratio of 8.34% next year. This indicates that Old Dominion Freight Line will be able to sustain or increase its dividend.
View Old Dominion Freight Line's dividend history.

When did Old Dominion Freight Line's stock split? How did Old Dominion Freight Line's stock split work?

Shares of Old Dominion Freight Line split on Tuesday, March 24th 2020. The 3-2 split was announced on Friday, February 21st 2020. The newly issued shares were distributed to shareholders after the closing bell on Monday, March 23rd 2020. An investor that had 100 shares of Old Dominion Freight Line stock prior to the split would have 150 shares after the split.

What price target have analysts set for ODFL?

17 brokers have issued 1 year price objectives for Old Dominion Freight Line's shares. Their forecasts range from $174.00 to $310.00. On average, they anticipate Old Dominion Freight Line's share price to reach $254.24 in the next year. This suggests that the stock has a possible downside of 12.4%.
View analysts' price targets for Old Dominion Freight Line
or view top-rated stocks among Wall Street analysts.

Who are Old Dominion Freight Line's key executives?

Old Dominion Freight Line's management team includes the following people:
  • Greg C. Gantt, President, Chief Executive Officer & Director
  • Kevin Marty Freeman, Chief Operating Officer & Executive Vice President
  • Adam N. Satterfield, CFO, Senior VP-Finance & Assistant Secretary
  • Cecil E. Overbey, Senior VP-Strategic Development
  • David J. Bates, Senior Vice President-Operations

What is David S. Congdon's approval rating as Old Dominion Freight Line's CEO?

310 employees have rated Old Dominion Freight Line CEO David S. Congdon on Glassdoor.com. David S. Congdon has an approval rating of 83% among Old Dominion Freight Line's employees.

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

What other stocks do shareholders of Old Dominion Freight Line own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Old Dominion Freight Line investors own include NVIDIA (NVDA), The Walt Disney (DIS), Netflix (NFLX), The Home Depot (HD), PayPal (PYPL), Mastercard (MA), Intel (INTC), Johnson & Johnson (JNJ), Visa (V) and ServiceNow (NOW).

What is Old Dominion Freight Line's stock symbol?

Old Dominion Freight Line trades on the NASDAQ under the ticker symbol "ODFL."

Who are Old Dominion Freight Line's major shareholders?

Old Dominion Freight Line's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.30%), BlackRock Inc. (8.34%), State Street Corp (3.58%), Price T Rowe Associates Inc. MD (3.33%), FMR LLC (2.14%) and JPMorgan Chase & Co. (2.06%). Company insiders that own Old Dominion Freight Line stock include David J Bates, Earl E 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 Price T Rowe Associates Inc. MD, Bank of New York Mellon Corp, Echo Street Capital Management LLC, FMR LLC, Goldman Sachs Group Inc., Lord Abbett & CO. LLC, Victory Capital Management Inc., and Wells Fargo & Company MN.
View insider buying and selling activity for Old Dominion Freight Line
or view top insider-selling stocks.

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 BlackRock Inc., JPMorgan Chase & Co., WCM Investment Management LLC, CIBC Private Wealth Group LLC, Morgan Stanley, Morgan Stanley, Nuveen Asset Management LLC, and Geode Capital Management LLC.
View insider buying and selling activity for Old Dominion Freight Line
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Old Dominion Freight Line's stock price today?

One share of ODFL stock can currently be purchased for approximately $290.38.

How much money does Old Dominion Freight Line make?

Old Dominion Freight Line has a market capitalization of $33.63 billion and generates $4.02 billion in revenue each year. The transportation company earns $672.68 million in net income (profit) each year or $5.68 on an earnings per share basis.

How many employees does Old Dominion Freight Line have?

Old Dominion Freight Line employs 19,779 workers across the globe.

When was Old Dominion Freight Line founded?

Old Dominion Freight Line was founded in 1934.

What is Old Dominion Freight Line's official website?

The official website for Old Dominion Freight Line is www.odfl.com.

Where are Old Dominion Freight Line's headquarters?

Old Dominion Freight Line is headquartered at 500 OLD DOMINION WAY, THOMASVILLE NC, 27360.

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 or via email at [email protected].


This page was last updated on 9/20/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.