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NASDAQ:ODFLOld Dominion Freight Line Stock Price, Forecast & News

$192.35
+4.40 (+2.34 %)
(As of 08/13/2020 04:00 PM ET)
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Today's Range
$189.42
Now: $192.35
$195.48
50-Day Range
$163.00
MA: $178.82
$192.35
52-Week Range
$104.61
Now: $192.35
$195.48
Volume972,100 shs
Average Volume863,590 shs
Market Capitalization$22.57 billion
P/E Ratio39.04
Dividend Yield0.31%
Beta1.06
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, 2018, it owned 9,254 tractors, as well as operated 235 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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Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.64 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.11 billion
Cash Flow$7.51 per share
Book Value$25.73 per share

Profitability

Net Income$615.52 million

Miscellaneous

Employees20,105
Market Cap$22.57 billion
Next Earnings Date10/22/2020 (Estimated)
OptionableOptionable
$192.35
+4.40 (+2.34 %)
(As of 08/13/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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

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 6.9% and is now trading at $192.35.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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 2 sell ratings, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Old Dominion Freight Line
.

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

Old Dominion Freight Line is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for Old Dominion Freight Line
.

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

Old Dominion Freight Line (NASDAQ:ODFL) announced its quarterly earnings results on Thursday, July, 30th. The transportation company reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.22. The transportation company had revenue of $896.21 million for the quarter, compared to analysts' expectations of $899.18 million. Old Dominion Freight Line had a return on equity of 19.66% and a net margin of 14.95%. Old Dominion Freight Line's quarterly revenue was down 15.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.16 EPS.
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, July 23rd. Shareholders of record on Wednesday, September 2nd will be given a dividend of $0.15 per share on Wednesday, September 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.31%. The ex-dividend date is Tuesday, September 1st.
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 on the morning of Tuesday, March 24th 2020. The 3-2 split was announced on Friday, February 21st 2020. The newly minted shares were payable 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.

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

Old Dominion Freight Line declared that its board has approved a stock buyback plan on Thursday, May 16th 2019, which allows the company to repurchase $350,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 2.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's management believes its stock is undervalued.

What price target have analysts set for ODFL?

11 brokerages have issued 12 month price objectives for Old Dominion Freight Line's stock. Their forecasts range from $103.33 to $200.00. On average, they expect Old Dominion Freight Line's share price to reach $155.48 in the next year. This suggests that the stock has a possible downside of 19.2%.
View analysts' price targets for Old Dominion Freight Line
.

Has Old Dominion Freight Line been receiving favorable news coverage?

Media headlines about ODFL stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Old Dominion Freight Line earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned media headlines about the transportation company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term.
View the latest news about Old Dominion Freight Line
.

Are investors shorting Old Dominion Freight Line?

Old Dominion Freight Line saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 2,990,000 shares, an increase of 15.4% from the May 31st total of 2,590,000 shares. Based on an average trading volume of 915,200 shares, the days-to-cover ratio is presently 3.3 days.
View Old Dominion Freight Line's Short Interest
.

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), Intel (INTC), Netflix (NFLX), Visa (V), Alibaba Group (BABA), Mastercard (MA), Paypal (PYPL), Cisco Systems (CSCO) and Walt Disney (DIS).

Who are Old Dominion Freight Line's key executives?

Old Dominion Freight Line's management team includes the following people:
  • Mr. Greg C. Gantt, Pres, CEO & 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)
  • Mr. Cecil E. Overbey Jr., Sr. VP of Strategic Devel. (Age 57)
  • Ms. Kimberly S. Maready, Principal Accounting Officer and VP of Accounting & Fin. (Age 48)

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 variety of retail and institutional investors. Top institutional shareholders include Alpha Omega Wealth Management LLC (1.55%), FMR LLC (1.21%), Bank of New York Mellon Corp (0.85%), Goldman Sachs Group Inc. (0.85%), Victory Capital Management Inc. (0.57%) and Thrivent Financial for Lutherans (0.56%). Company insiders that own Old Dominion Freight Line stock include David J Bates, David S Congdon, Earl E Congdon and Gregory B Plemmons.
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 CIBC Private Wealth Group LLC, Sumitomo Mitsui Trust Holdings Inc., Gateway Investment Advisers LLC, Raymond James & Associates, Ensign Peak Advisors Inc, State of Tennessee Treasury Department, Wasatch Advisors Inc., and Roosevelt Investment Group Inc.. Company insiders that have sold Old Dominion Freight Line company stock in the last year include David J Bates, David S Congdon, and Earl E Congdon.
View insider buying and selling activity for Old Dominion Freight Line
.

Which institutional investors are buying Old Dominion Freight Line stock?

ODFL stock was bought by a variety of institutional investors in the last quarter, including Marshall Wace LLP, FMR LLC, Victory Capital Management Inc., Bank of New York Mellon Corp, New York State Teachers Retirement System, Goldman Sachs Group Inc., Mn Services Vermogensbeheer B.V., and Mackay Shields LLC.
View insider buying and selling activity 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, Robinhood, 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 $192.35.

How big of a company is Old Dominion Freight Line?

Old Dominion Freight Line has a market capitalization of $22.57 billion and generates $4.11 billion in revenue each year. The transportation company earns $615.52 million in net income (profit) each year or $5.11 on an earnings per share basis. Old Dominion Freight Line employs 20,105 workers across the globe.

What is Old Dominion Freight Line's official website?

The official website for Old Dominion Freight Line is 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 or via email at [email protected]

This page was last updated on 8/14/2020 by MarketBeat.com Staff

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