NASDAQ:ODFL

Old Dominion Freight Line Stock Forecast, Price & News

$246.61
-1.03 (-0.42 %)
(As of 04/21/2021 03:59 PM ET)
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Today's Range
$245.14
Now: $246.61
$249.91
50-Day Range
$215.02
MA: $236.05
$251.37
52-Week Range
$123.50
Now: $246.61
$253.38
Volume52,746 shs
Average Volume696,864 shs
Market Capitalization$28.84 billion
P/E Ratio46.80
Dividend Yield0.32%
Beta1
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 expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2020, it owned 9,288 tractors, as well as operated 244 service and 42 maintenance centers. Old Dominion Freight Line, Inc. was founded in 1934 and is based in Thomasville, North Carolina.
Old Dominion Freight Line logo

Industry, Sector and Symbol

Industry Trucking, except local
Sub-IndustryTrucking
Current SymbolNASDAQ:ODFL
CUSIP67958010
Phone336-889-5000
Employees19,779
Year Founded1934

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.11 billion
Cash Flow$8.91 per share
Book Value$25.73 per share

Profitability

Net Income$615.52 million

Miscellaneous

Market Cap$28.84 billion
Next Earnings Date4/22/2021 (Confirmed)
OptionableOptionable

Headlines

Is Old Dominion (ODFL) Stock a Solid Choice Right Now?
March 15, 2021 |  finance.yahoo.com
GI Old Dominion Freight Line expands
March 12, 2021 |  msn.com
See More Headlines

MarketRank

Overall MarketRank

1.92 out of 5 stars

Transportation Sector

28th out of 240 stocks

Trucking, Except Local Industry

7th out of 21 stocks

Analyst Opinion: 2.2Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$246.61
-1.03 (-0.42 %)
(As of 04/21/2021 03:59 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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

Is Old Dominion Freight Line a buy right now?

15 Wall Street 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, 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Old Dominion Freight Line wasn't one of them. MarketBeat thinks these five stocks 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 March. As of March 15th, there was short interest totaling 2,140,000 shares, an increase of 89.4% from the February 28th total of 1,130,000 shares. Based on an average trading volume of 692,100 shares, the short-interest ratio is presently 3.1 days.
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 Thursday, April 22nd 2021.
View our earnings forecast for Old Dominion Freight Line
.

How can I listen to Old Dominion Freight Line's earnings call?

Old Dominion Freight Line will be holding an earnings conference call on Thursday, April 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) announced its earnings results on Thursday, February, 4th. The transportation company reported $1.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.57 by $0.04. The transportation company earned $1.07 billion during the quarter, compared to the consensus estimate of $1.05 billion. Old Dominion Freight Line had a net margin of 15.87% and a trailing twelve-month return on equity of 20.47%. The company's revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the company posted $1.20 earnings per share.
View Old Dominion Freight Line's earnings history
.

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

Old Dominion Freight Line's stock was trading at $180.00 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ODFL shares have increased by 37.0% and is now trading at $246.61.
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 declared a quarterly dividend on Thursday, February 4th. Stockholders of record on Wednesday, March 3rd will be given a dividend of $0.20 per share on Wednesday, March 17th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.32%. The ex-dividend date is Tuesday, March 2nd. This is a boost from Old Dominion Freight Line's previous quarterly dividend of $0.15.
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 0.32%. Old Dominion Freight Line does not yet have a strock track record of dividend growth. The dividend payout ratio of Old Dominion Freight Line is 15.66%. 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 11.64% 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 before market open on Tuesday, March 24th 2020. The 3-2 split was announced on Friday, February 21st 2020. The newly minted 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.

How will Old Dominion Freight Line's stock buyback program work?

Old Dominion Freight Line announced that its board has approved a share repurchase plan on Thursday, May 16th 2019, which allows the company to repurchase $350,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 2.9% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's leadership believes its shares are undervalued.

What price target have analysts set for ODFL?

15 Wall Street analysts have issued 1 year price objectives for Old Dominion Freight Line's stock. Their forecasts range from $174.00 to $280.00. On average, they anticipate Old Dominion Freight Line's stock price to reach $222.07 in the next twelve months. This suggests that the stock has a possible downside of 10.0%.
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:
  • Mr. David S. Congdon, Exec. Chairman (Age 64, Pay $5.9M)
  • Mr. Greg C. Gantt, Pres, CEO & Director (Age 65, Pay $5.71M)
  • Mr. Adam N. Satterfield, Sr. VP of Fin., CFO & Assistant Sec. (Age 46, Pay $2.31M)
  • Mr. Kevin Freeman, Exec. VP & COO (Age 62, Pay $3.04M)
  • Ms. Kimberly S. Maready, Principal Accounting Officer and VP of Accounting & Fin. (Age 50)
  • Mr. Ross H. Parr, Sr. VP of Legal Affairs, Gen. Counsel & Sec. (Age 49)
  • Sam Faucette, VP of Safety & Compliance
  • Mr. Gregory B. Plemmons, Sr. VP of Sales (Age 56)
  • Mr. Christopher Thomas Brooks, Sr. VP of HR & Safety (Age 50)
  • Mr. Cecil E. Overbey Jr., Sr. VP of Strategic Devel. (Age 59)

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 shareholders include Royal London Asset Management Ltd. (0.34%), Canal Capital Management LLC (0.19%), Gillespie Robinson & Grimm Inc. (0.10%), Sib LLC (0.07%), Gateway Investment Advisers LLC (0.07%) and State of Alaska Department of Revenue (0.04%). Company insiders that own Old Dominion Freight Line stock include David J Bates, David S Congdon, Earl E Congdon, Gregory B Plemmons 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 Sib LLC, TrimTabs Asset Management LLC, Sentry Investment Management LLC, State of Alaska Department of Revenue, Gillespie Robinson & Grimm Inc., Retirement Systems of Alabama, Crossmark Global Holdings Inc., and First Hawaiian Bank.
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 acquired by a variety of institutional investors in the last quarter, including Royal London Asset Management Ltd., Chesley Taft & Associates LLC, Everence Capital Management Inc., Calamos Advisors LLC, International Assets Investment Management LLC, Redpoint Investment Management Pty Ltd, Paragon Advisors LLC, and Hanlon Investment Management Inc..
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 $246.61.

How much money does Old Dominion Freight Line make?

Old Dominion Freight Line has a market capitalization of $28.84 billion and generates $4.11 billion in revenue each year. The transportation company earns $615.52 million in net income (profit) each year or $5.11 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 4/21/2021 by MarketBeat.com Staff
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