NASDAQ:ODFL - Old Dominion Freight Line Stock Price, News, & Analysis

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$142.72 -3.10 (-2.13 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$142.72
Today's Range$142.48 - $145.40
52-Week Range$115.00 - $170.22
Volume472,972 shs
Average Volume488,659 shs
Market Capitalization$11.58 billion
P/E Ratio19.34
Dividend Yield0.47%
Beta1.45
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 ground and air expedited transportation, and consumer household pickup and delivery. The company also offers various value-added services comprising container drayage, truckload brokerage, supply chain consulting, and warehousing. As of December 31, 2017, it owned 8,316 tractors, as well as operated 228 service and 39 maintenance centers. Old Dominion Freight Line, Inc. was founded in 1934 and is based in Thomasville, North Carolina.

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Industry, Sector and Symbol

Industry Trucking, except local
Sub-IndustryTrucking
SectorTransportation
Current SymbolNASDAQ:ODFL
CUSIP67958010
Phone336-889-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.04 billion
Cash Flow$10.0084 per share
Book Value$32.79 per share

Profitability

Net Income$605.67 million

Miscellaneous

Employees21,279
Market Cap$11.58 billion
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

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

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 announced a quarterly dividend on Thursday, February 7th. Stockholders of record on Wednesday, March 6th will be given a dividend of $0.17 per share on Wednesday, March 20th. This represents a $0.68 annualized dividend and a dividend yield of 0.48%. The ex-dividend date is Tuesday, March 5th. This is an increase from Old Dominion Freight Line's previous quarterly dividend of $0.13. View Old Dominion Freight Line's Dividend History.

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

Old Dominion Freight Line declared that its board has approved a stock buyback program on Thursday, May 17th 2018, which permits the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 2.1% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.

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

Old Dominion Freight Line (NASDAQ:ODFL) released its quarterly earnings data on Thursday, February, 7th. The transportation company reported $1.95 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.74 by $0.21. The transportation company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.02 billion. Old Dominion Freight Line had a net margin of 14.98% and a return on equity of 23.90%. The business's revenue for the quarter was up 15.2% on a year-over-year basis. During the same quarter last year, the company posted $2.39 EPS. View Old Dominion Freight Line's Earnings History.

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

Old Dominion Freight Line is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Old Dominion Freight Line.

What guidance has Old Dominion Freight Line issued on next quarter's earnings?

Old Dominion Freight Line updated its FY 2019 earnings guidance on Thursday, February, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.14-1.16 billion, compared to the consensus revenue estimate of $1.15 billion.

What price target have analysts set for ODFL?

11 equities research analysts have issued 1-year price targets for Old Dominion Freight Line's shares. Their forecasts range from $131.00 to $160.00. On average, they expect Old Dominion Freight Line's share price to reach $146.80 in the next year. This suggests a possible upside of 2.9% from the stock's current price. View Analyst Price Targets for Old Dominion Freight Line.

What is the consensus analysts' recommendation for Old Dominion Freight Line?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old Dominion Freight Line in the last year. There are currently 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Old Dominion Freight Line.

Has Old Dominion Freight Line been receiving favorable news coverage?

News headlines about ODFL stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Old Dominion Freight Line earned a news impact score of -1.2 on InfoTrie's scale. They also gave headlines about the transportation company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future.

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), Home Depot (HD), Boeing (BA), Netflix (NFLX), UnitedHealth Group (UNH), Paypal (PYPL), Micron Technology (MU), Intel (INTC), Alibaba Group (BABA) and XPO Logistics (XPO).

Who are Old Dominion Freight Line's key executives?

Old Dominion Freight Line's management team includes the folowing people:
  • Mr. Greg C. Gantt, CEO, Pres & Director (Age 63)
  • Mr. Adam N. Satterfield, Sr. VP of Fin., CFO & Assistant Sec. (Age 44)
  • Mr. Kevin M. Freeman, Exec. VP & COO (Age 60)
  • Ms. Kimberly S. Maready, Principal Accounting Officer and VP of Accounting & Fin. (Age 48)
  • Mr. Ross H. Parr, Sr. VP of Legal Affairs, Gen. Counsel & Sec. (Age 47)

Who are Old Dominion Freight Line's major shareholders?

Old Dominion Freight Line's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.61%), Oregon Public Employees Retirement Fund (5.12%), Kayne Anderson Rudnick Investment Management LLC (4.42%), Bank of New York Mellon Corp (0.96%), London Co. of Virginia (0.94%) and Norges Bank (0.89%). 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 Lord Abbett & CO. LLC, Amundi Pioneer Asset Management Inc., First Trust Advisors LP, BlackRock Inc., Los Angeles Capital Management & Equity Research Inc., Eagle Asset Management Inc., Millennium Management LLC and Kayne Anderson Rudnick Investment Management LLC. Company insiders that have sold Old Dominion Freight Line company stock in the last year include David J Bates and Leo H Suggs. View Insider Buying and Selling for Old Dominion Freight Line.

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 Oregon Public Employees Retirement Fund, Norges Bank, FMR LLC, Parnassus Investments CA, MERIAN GLOBAL INVESTORS UK Ltd, Royal London Asset Management Ltd., State of New Jersey Common Pension Fund D and Mackenzie Financial Corp. View Insider Buying and Selling for Old Dominion Freight Line.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

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

One share of ODFL stock can currently be purchased for approximately $142.72.

How big of a company is Old Dominion Freight Line?

Old Dominion Freight Line has a market capitalization of $11.58 billion and generates $4.04 billion in revenue each year. The transportation company earns $605.67 million in net income (profit) each year or $7.38 on an earnings per share basis. Old Dominion Freight Line employs 21,279 workers across the globe.

What is Old Dominion Freight Line's official website?

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

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.


MarketBeat Community Rating for Old Dominion Freight Line (NASDAQ ODFL)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  367 (Vote Outperform)
Underperform Votes:  499 (Vote Underperform)
Total Votes:  866
MarketBeat's community ratings are surveys of what our community members think about Old Dominion Freight Line and other stocks. Vote "Outperform" if you believe ODFL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ODFL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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