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
Stock Exchange NASDAQ
Industry Trucking, except local
Sub-IndustryTrucking
SectorTransportation
Current SymbolNASDAQ:ODFL
Previous Symbol
CUSIP67958010
Phone336-889-5000
Debt
Debt-to-Equity Ratio0.02
Current Ratio1.92
Quick Ratio1.92
Price-To-Earnings
Trailing P/E Ratio29.12
Forward P/E Ratio17.65
P/E Growth0.75
Sales & Book Value
Annual Sales$3.36 billion
Price / Sales3.09
Cash Flow$6.4598 per share
Price / Cash19.64
Book Value$27.64 per share
Price / Book4.59
Profitability
EPS (Most Recent Fiscal Year)$4.36
Net Income$463.77 million
Net Margins16.47%
Return on Equity22.13%
Return on Assets16.54%
Miscellaneous
Employees19,183
Outstanding Shares81,750,000
Market Cap$11.01 billion
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 declared a quarterly dividend on Thursday, November 1st. Investors of record on Thursday, December 6th will be paid a dividend of $0.13 per share on Thursday, December 20th. This represents a $0.52 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date is Wednesday, December 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 stock repurchase plan 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 buy up to 2.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.
How were Old Dominion Freight Line's earnings last quarter?
Old Dominion Freight Line (NASDAQ:ODFL) released its earnings results on Thursday, October, 25th. The transportation company reported $2.12 EPS for the quarter, beating the consensus estimate of $1.97 by $0.15. The transportation company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.06 billion. Old Dominion Freight Line had a net margin of 16.47% and a return on equity of 22.13%. 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?
12 equities research analysts have issued twelve-month target prices for Old Dominion Freight Line's shares. Their predictions range from $131.00 to $156.00. On average, they anticipate Old Dominion Freight Line's share price to reach $144.4545 in the next year. This suggests a possible upside of 13.4% 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?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old Dominion Freight Line in the last year. There are currently 7 hold ratings and 5 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?
Headlines about ODFL stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Old Dominion Freight Line earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned news headlines about the transportation company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.
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), Landstar System (LSTR), Schneider National (SNDR), Werner Enterprises (WERN), Heartland Express (HTLD), Saia (SAIA), Marten Transport (MRTN), ArcBest (ARCB), Universal Logistics (ULH), Covenant Transportation Group (CVTI), P.A.M. Transportation Services (PTSI), YRC Worldwide (YRCW), USA Truck (USAK) and Celadon Group (CGIP).
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 62)
- Mr. Adam N. Satterfield, Sr. VP of Fin., CFO & Assistant Sec. (Age 43)
- Mr. Kevin M. Freeman, Exec. VP & COO (Age 59)
- Ms. Kimberly S. Maready, Principal Accounting Officer and VP of Accounting & Fin. (Age 47)
- Mr. Ross H. Parr, Sr. VP of Legal Affairs, Gen. Counsel & Sec. (Age 46)
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 investors include BlackRock Inc. (7.72%), Capital Research Global Investors (5.26%), Capital International Investors (3.18%), Janus Henderson Group PLC (3.09%), JPMorgan Chase & Co. (1.64%) and Bank of New York Mellon Corp (0.99%). Company insiders that own Old Dominion Freight Line stock include David S Congdon 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 Capital Research Global Investors, JPMorgan Chase & Co., FMR LLC, BlackRock Inc., Wasatch Advisors Inc., First Trust Advisors LP, Mitsubishi UFJ Trust & Banking Corp and Prudential Financial Inc.. View Insider Buying and Selling for Old Dominion Freight Line.
Which institutional investors are buying Old Dominion Freight Line stock?
ODFL stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, MERIAN GLOBAL INVESTORS UK Ltd, Robeco Institutional Asset Management B.V., AQR Capital Management LLC, Renaissance Technologies LLC, Sirios Capital Management L P, Assenagon Asset Management S.A. and Bank of New York Mellon 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 $127.43.
How big of a company is Old Dominion Freight Line?
Old Dominion Freight Line has a market capitalization of $11.01 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.
What is Old Dominion Freight Line's official website?
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)
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.
