About Old Dominion Freight Line (NASDAQ:ODFL)
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.
Industry, Sector and Symbol
Industry Trucking, except local
Trailing P/E Ratio36.92
Forward P/E Ratio25.07
Sales & Book Value
Annual Sales$3.36 billion
Price / Sales3.94
Cash Flow$6.8270 per share
Price / Cash23.58
Book Value$27.64 per share
Price / Book5.82
EPS (Most Recent Fiscal Year)$4.36
Net Income$463.77 million
Return on Equity18.47%
Return on Assets13.40%
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 declared a quarterly dividend on Thursday, May 17th. Shareholders of record on Wednesday, June 6th will be given a dividend of $0.13 per share on Wednesday, June 20th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.32%. The ex-dividend date is Tuesday, June 5th. 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 authorized a share repurchase program on Thursday, May 17th 2018, which authorizes the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 2.1% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its shares are undervalued.
How were Old Dominion Freight Line's earnings last quarter?
Old Dominion Freight Line (NASDAQ:ODFL) posted its quarterly earnings data on Thursday, April, 26th. The transportation company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.03. The transportation company had revenue of $925.02 million for the quarter, compared to analysts' expectations of $925.83 million. Old Dominion Freight Line had a return on equity of 18.47% and a net margin of 14.38%. Old Dominion Freight Line's quarterly revenue was up 22.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.80 EPS. View Old Dominion Freight Line's Earnings History.
When is Old Dominion Freight Line's next earnings date?
What price target have analysts set for ODFL?
13 analysts have issued 12 month price objectives for Old Dominion Freight Line's stock. Their forecasts range from $101.00 to $175.00. On average, they expect Old Dominion Freight Line's stock price to reach $140.00 in the next year. View Analyst Ratings for Old Dominion Freight Line.
Who are some of Old Dominion Freight Line's key competitors?
Some companies that are related to Old Dominion Freight Line include J B Hunt Transport Services (JBHT), Knight-Swift Transportation (KNX), Schneider National (SNDR), Landstar System (LSTR), Werner Enterprises (WERN), Saia (SAIA), Heartland Express (HTLD), Marten Transport (MRTN), ArcBest (ARCB), Universal Logistics (ULH), Covenant Transportation Group (CVTI), YRC Worldwide (YRCW), P.A.M. Transportation Services (PTSI), USA Truck (USAK) and Celadon Group (CGI).
Who are Old Dominion Freight Line's key executives?
Old Dominion Freight Line's management team includes the folowing people:
- Mr. Earl E. Congdon, Exec. Chairman (Age 87)
- Mr. David S. Congdon, Vice Chairman & CEO (Age 61)
- Mr. Greg C. Gantt, Pres & COO (Age 62)
- Mr. Adam N. Satterfield, Sr. VP of Fin., CFO & Assistant Sec. (Age 43)
- Mr. Kevin M. Freeman, Sr. VP of Sales (Age 59)
Has Old Dominion Freight Line been receiving favorable news coverage?
Press coverage about ODFL stock has trended somewhat positive on Monday, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Old Dominion Freight Line earned a coverage optimism score of 0.01 on Accern's scale. They also gave news stories about the transportation company an impact score of 44.86 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are Old Dominion Freight Line's major shareholders?
Old Dominion Freight Line's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.68%), Kayne Anderson Rudnick Investment Management LLC (3.19%), JPMorgan Chase & Co. (2.67%), Lord Abbett & CO. LLC (1.14%), Wasatch Advisors Inc. (0.87%) and Dimensional Fund Advisors LP (0.81%). Company insiders that own Old Dominion Freight Line stock include David S Congdon, Jeffrey W Congdon, John R Congdon Jr 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 Atlantic Trust Group LLC, Victory Capital Management Inc., SPF Beheer BV, Millennium Management LLC, Westfield Capital Management Co. LP, Wasatch Advisors Inc., Chilton Investment Co. LLC and Russell Investments Group Ltd.. 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 for Old Dominion Freight Line.
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., Lord Abbett & CO. LLC, Federated Investors Inc. PA, Kayne Anderson Rudnick Investment Management LLC, AGF Investments Inc., Legal & General Group Plc, Amundi Pioneer Asset Management Inc. and Eagle Asset Management Inc.. 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 $160.98.
How big of a company is Old Dominion Freight Line?
Old Dominion Freight Line has a market capitalization of $13.28 billion and generates $3.36 billion in revenue each year. The transportation company earns $463.77 million in net income (profit) each year or $4.36 on an earnings per share basis. Old Dominion Freight Line employs 19,183 workers across the globe.
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 (ODFL)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.