S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
NASDAQ:ODFL

Old Dominion Freight Line Stock Forecast, Price & News

$316.12
-1.71 (-0.54%)
(As of 01/14/2022 12:00 AM ET)
Add
Compare
Today's Range
$309.99
$325.73
50-Day Range
$316.12
$364.00
52-Week Range
$192.76
$373.58
Volume
1.51 million shs
Average Volume
972,870 shs
Market Capitalization
$36.36 billion
P/E Ratio
39.08
Dividend Yield
0.25%
Beta
1.01
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

Industry
Trucking, except local
Sub-Industry
Trucking
Current Symbol
NASDAQ:ODFL
CUSIP
67958010
Employees
19,779
Year Founded
1934

Sales & Book Value

Annual Sales
$4.02 billion
Cash Flow
$7.96 per share
Book Value
$28.35 per share

Profitability

Net Income
$672.68 million
Pretax Margin
25.82%

Debt

Price-To-Earnings

Miscellaneous

Free Float
101,210,000
Market Cap
$36.36 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/27/2021
Ex-Dividend for 12/15 Dividend
11/30/2021
Dividend Payable
12/15/2021
Today
1/17/2022
Next Earnings (Confirmed)
2/02/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.59 out of 5 stars

Transportation Sector

29th out of 169 stocks

Trucking, Except Local Industry

7th out of 18 stocks

Analyst Opinion: 2.1Community Rank: 4.0Dividend Strength: 1.7Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -












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

Is Old Dominion Freight Line a buy right now?

21 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, 15 hold ratings and 5 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.

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

Old Dominion Freight Line's stock was trading at $180.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ODFL stock has increased by 75.6% and is now trading at $316.12.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Old Dominion Freight Line?

Old Dominion Freight Line saw a decline in short interest during the month of December. As of December 15th, there was short interest totaling 1,570,000 shares, a decline of 19.5% from the November 30th total of 1,950,000 shares. Based on an average daily volume of 589,200 shares, the short-interest ratio is presently 2.7 days. Currently, 1.5% of the shares of the company are sold short.
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 Wednesday, February 2nd 2022.
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 Wednesday, February 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "4631573".

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

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) posted its quarterly earnings data on Wednesday, October, 27th. The transportation company reported $2.47 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.37 by $0.10. The transportation company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.38 billion. Old Dominion Freight Line had a net margin of 19.22% and a trailing twelve-month return on equity of 28.35%. The business's quarterly revenue was up 32.3% on a year-over-year basis. During the same quarter last year, the business posted $1.71 earnings per share.
View Old Dominion Freight Line's earnings history
.

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, October 21st. Stockholders of record on Wednesday, December 1st will be paid a dividend of $0.20 per share on Wednesday, December 15th. This represents a $0.80 annualized dividend and a yield of 0.25%. The ex-dividend date is Tuesday, November 30th.
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 0.25%. Old Dominion Freight Line does not yet have a strong track record of dividend growth. The dividend payout ratio of Old Dominion Freight Line is 9.89%. 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 7.81% 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?

Old Dominion Freight Line shares split on Tuesday, March 24th 2020. The 3-2 split was announced on Friday, February 21st 2020. The newly minted shares were issued to shareholders after the market closes 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?

21 equities research analysts have issued 12 month target prices for Old Dominion Freight Line's stock. Their forecasts range from $216.00 to $395.00. On average, they expect Old Dominion Freight Line's share price to reach $310.79 in the next twelve months. This suggests that the stock has a possible downside of 1.7%.
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.

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), Walt Disney (DIS), Netflix (NFLX), 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 many different institutional and retail investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.07%), Avity Investment Management Inc. (0.07%), Spire Wealth Management (0.03%), State of Alaska Department of Revenue (0.03%), DNB Asset Management AS (0.02%) and Stonnington Group LLC (0.01%). 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 Avity Investment Management Inc., Crossmark Global Holdings Inc., First Hawaiian Bank, Tributary Capital Management LLC, Gateway Investment Advisers LLC, State of Alaska Department of Revenue, Shilanski & Associates Inc., and Koshinski Asset Management Inc.. Company insiders that have sold Old Dominion Freight Line company stock in the last year include David S Congdon, and Leo H Suggs.
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 Stonnington Group LLC, DNB Asset Management AS, Spire Wealth Management, Fulton Bank N.A., Exchange Traded Concepts LLC, Diversified Trust Co, Chesley Taft & Associates LLC, and TPG Financial Advisors 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 $316.12.

How much money does Old Dominion Freight Line make?

Old Dominion Freight Line has a market capitalization of $36.36 billion and generates $4.02 billion in revenue each year. The transportation company earns $672.68 million in net income (profit) each year or $8.09 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, via email at [email protected], or via fax at 336-822-5239.


This page was last updated on 1/17/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
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® 2010-2022. 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 | RSS Feeds

© 2022 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.