NASDAQ:ODFL

Old Dominion Freight Line Stock Forecast, Price & News

$261.08
+5.74 (+2.25 %)
(As of 07/23/2021 12:00 AM ET)
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Today's Range
$254.43
$261.50
50-Day Range
$246.35
$270.23
52-Week Range
$176.34
$276.09
Volume416,806 shs
Average Volume588,392 shs
Market Capitalization$30.27 billion
P/E Ratio41.64
Dividend Yield0.31%
Beta1.01
30 days | 90 days | 365 days | Advanced Chart
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Old Dominion Freight Line logo

About Old Dominion Freight Line

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.

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MarketRank

Overall MarketRank

1.81 out of 5 stars

Transportation Sector

47th out of 258 stocks

Trucking, Except Local Industry

10th out of 22 stocks

Analyst Opinion: 2.3Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Old Dominion Freight Line (NASDAQ:ODFL) Frequently Asked Questions

Is Old Dominion Freight Line a buy right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old Dominion Freight Line in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Old Dominion Freight Line stock.
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 "Buy" 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 drop in short interest during the month of June. As of June 30th, there was short interest totaling 1,240,000 shares, a drop of 23.0% from the June 15th total of 1,610,000 shares. Based on an average trading volume of 671,600 shares, the short-interest ratio is presently 1.8 days. Currently, 1.2% of the shares of the company 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 Wednesday, July 28th 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 Wednesday, July 28th 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 "10158075".

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

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) issued its quarterly earnings data on Thursday, April, 22nd. The transportation company reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.12. The transportation company earned $1.13 billion during the quarter, compared to analysts' expectations of $1.11 billion. Old Dominion Freight Line had a net margin of 17.79% and a trailing twelve-month return on equity of 23.32%. Old Dominion Freight Line's revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.11 EPS.
View Old Dominion Freight Line's earnings history
.

How has Old Dominion Freight Line's stock been impacted by Coronavirus?

Old Dominion Freight Line's stock was trading at $180.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ODFL shares have increased by 45.0% and is now trading at $261.08.
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, July 22nd. Investors 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 yield of 0.31%. 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 0.31%. 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 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 8.92% 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's stock split before market open on Tuesday, March 24th 2020. The 3-2 split was announced on Friday, February 21st 2020. The newly issued shares were issued 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?

16 brokers have issued 12 month target prices for Old Dominion Freight Line's shares. Their forecasts range from $174.00 to $298.00. On average, they anticipate Old Dominion Freight Line's share price to reach $244.88 in the next twelve months. This suggests that the stock has a possible downside of 6.2%.
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 $6.52M)
  • Mr. Greg C. Gantt, Pres, CEO & Director (Age 65, Pay $6.33M)
  • Mr. Earl E. Congdon, Chairman Emeritus & Sr. Advisor (Age 90, Pay $3.8M)
  • Mr. Adam N. Satterfield, Sr. VP of Fin., CFO & Assistant Sec. (Age 46, Pay $2.55M)
  • Mr. Kevin Freeman, Exec. VP & COO (Age 62, Pay $3.37M)
  • 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)

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 number of retail and institutional investors. Top institutional investors include Oregon Public Employees Retirement Fund (0.03%), State of Alaska Department of Revenue (0.03%), Hedeker Wealth LLC (0.02%), IFM Investors Pty Ltd (0.01%), New Mexico Educational Retirement Board (0.01%) and Marshall Financial Group LLC (0.00%). 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 institutional investors are selling Old Dominion Freight Line stock?

ODFL stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Hedeker Wealth LLC.
View insider buying and selling activity for Old Dominion Freight Line
or view top insider-selling stocks.

Which institutional 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, Marshall Financial Group LLC, IFM Investors Pty Ltd, Brookstone Capital Management, Raymond James Trust N.A., New Mexico Educational Retirement Board, and Stratos Wealth Partners LTD..
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 $261.08.

How much money does Old Dominion Freight Line make?

Old Dominion Freight Line has a market capitalization of $30.27 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 7/24/2021 by MarketBeat.com Staff
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