Lowest-Rated Stocks NASDAQ:ODFL Old Dominion Freight Line - ODFL Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Old Dominion Freight Line, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $367.62 +34.38 (+10.32%) (As of 02/1/2023 12:00 AM ET) Add Compare Share Share Today's Range$348.09▼$374.1350-Day Range$281.48▼$367.6252-Week Range$231.31▼$374.13Volume2.64 million shsAverage Volume700,365 shsMarket Capitalization$40.61 billionP/E Ratio31.50Dividend Yield0.36%Price Target$291.73 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Old Dominion Freight Line MarketRank™ ForecastAnalyst RatingHold1.91 Rating ScoreUpside/Downside20.6% Downside$291.73 Price TargetShort InterestBearish5.62% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.90Upright™ Environmental ScoreNews Sentiment0.47Based on 20 Articles This WeekInsider TradingSelling Shares$10.05 M Sold Last QuarterProj. Earnings Growth-2.85%From $11.91 to $11.57 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.32 out of 5 starsTransportation Sector120th out of 125 stocksTrucking, Except Local Industry15th out of 16 stocks 1.0 Analyst's Opinion Consensus RatingOld Dominion Freight Line has received a consensus rating of Hold. The company's average rating score is 1.91, and is based on 2 buy ratings, 6 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $291.73, Old Dominion Freight Line has a forecasted downside of 20.6% from its current price of $367.62.Amount of Analyst CoverageOld Dominion Freight Line has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.62% of the float of Old Dominion Freight Line has been sold short.Short Interest Ratio / Days to CoverOld Dominion Freight Line has a short interest ratio ("days to cover") of 6.5.Change versus previous monthShort interest in Old Dominion Freight Line has recently increased by 3.88%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldOld Dominion Freight Line has a dividend yield of 0.36%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthOld Dominion Freight Line has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Old Dominion Freight Line is 10.28%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Old Dominion Freight Line will have a dividend payout ratio of 10.37% next year. This indicates that Old Dominion Freight Line will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreOld Dominion Freight Line has received a -102.98% net impact score from Upright. The largest negative impact of Old Dominion Freight Line in category "GHG emissions" seems to be driven mostly by its "Truck freight transport services", "Refrigerated truck freight transport services", and "Road freight brokerage services" products. See details.Environmental SustainabilityThe Environmental Impact score for Old Dominion Freight Line is -5.90. Previous Next 3.0 News and Social Media Coverage News SentimentOld Dominion Freight Line has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 20 news articles for Old Dominion Freight Line this week, compared to 6 articles on an average week.Search Interest29 people have searched for ODFL on MarketBeat in the last 30 days. This is an increase of 190% compared to the previous 30 days.MarketBeat Follows7 people have added Old Dominion Freight Line to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Old Dominion Freight Line insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,046,400.00 in company stock.Percentage Held by Insiders10.30% of the stock of Old Dominion Freight Line is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions73.08% of the stock of Old Dominion Freight Line is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Old Dominion Freight Line are expected to decrease by -2.85% in the coming year, from $11.91 to $11.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Old Dominion Freight Line is 31.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Old Dominion Freight Line is 31.50, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 24.07.Price to Earnings Growth RatioOld Dominion Freight Line has a PEG Ratio of 2.28. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioOld Dominion Freight Line has a P/B Ratio of 11.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Old Dominion Freight Line (NASDAQ:ODFL) StockOld Dominion Freight Line, Inc. engages in the provision of less-than-truckload services. The firm offers regional, inter-regional, and national less-than-truckload services. Its services also include container drayage, truckload brokerage, supply chain consulting, and warehousing. The company was founded by Earl Congdon Sr. and Lillian Congdon in 1934 and is headquartered in Thomasville, NC.Read More Receive ODFL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Old Dominion Freight Line and its competitors with MarketBeat's FREE daily newsletter. Email Address ODFL Stock News HeadlinesFebruary 1, 2023 | marketbeat.comOld Dominion Freight Line Driving To New Highs Old Dominion Freight Line gapped up on strong results and may move up to set a new all-time high after a 33% dividend increase.January 20, 2023 | marketbeat.comDoes Old Dominion Show That Trucking Is Hitting The Brakes? S&P 500 component Old Dominion is among the top performers in the trucking industry, but there are signs that it, as well as industry peers, are slowing down.February 2, 2023 | Investing Trends (Ad)Profit From the Commercial Solar Boom?Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered. January 11, 2023 | marketbeat.comThe Analysts Shift Trucking Sentiment Back into Forward (ODFL)The first glimmers of a tailwind are blowing in the trucking industry and Q4 results for trucking stocks could help strengthen the industry in 2023.February 1, 2023 | markets.businessinsider.comOld Dominion Freight Line, Inc. Q4 Profit Climbs, Beats estimatesFebruary 1, 2023 | bizjournals.comMarty Freeman to succeed Greg Gantt as CEO of Old Dominion Freight Lines on July 1February 1, 2023 | finance.yahoo.comOld Dominion Freight Line Reports Fourth Quarter 2022 Earnings Per Diluted Share Of $2.92February 1, 2023 | msn.comOld Dominion Freight Line posts record annual revenue, profitsFebruary 2, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? 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Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.February 1, 2023 | finance.yahoo.comMarty Freeman to succeed Greg Gantt as CEO of Old Dominion Freight Line on July 1February 1, 2023 | finance.yahoo.comOld Dominion Stock Jumps After Earnings Beat, CEO Announces RetirementJanuary 31, 2023 | msn.comOld Dominion Freight Line appoints CEOJanuary 31, 2023 | msn.comOld Dominion Freight Line appoints CEOJanuary 31, 2023 | msn.comPreview: Old Dominion Freight's EarningsJanuary 30, 2023 | finance.yahoo.comOld Dominion Stock Downgraded Ahead Of Trucking Earnings With Gains To Lose SteamJanuary 30, 2023 | msn.comOld Dominion Freight cut to Sell at Credit SuisseJanuary 30, 2023 | americanbankingnews.comOld Dominion Freight Line (NASDAQ:ODFL) Stock Rating Lowered by Credit Suisse GroupJanuary 30, 2023 | americanbankingnews.comOld Dominion Freight Line (ODFL) Set to Announce Earnings on WednesdayJanuary 27, 2023 | nasdaq.comWill Old Dominion (ODFL) Beat Estimates Again in Its Next Earnings Report?January 27, 2023 | finance.yahoo.comIs a Beat Likely for Old Dominion (ODFL) in Q4 Earnings?January 25, 2023 | marketwatch.comOld Dominion Freight Line Inc. stock outperforms competitors despite losses on the dayJanuary 24, 2023 | marketwatch.comOld Dominion Freight Line Inc. stock falls Tuesday, underperforms marketJanuary 22, 2023 | sportsbookwire.usatoday.comOld Dominion at South Alabama odds, tips and betting trendsJanuary 21, 2023 | sportsbookwire.usatoday.comAppalachian State at Old Dominion odds, tips and betting trendsJanuary 21, 2023 | washingtonpost.comAppalachian State visits Old Dominion after Scott-Grayson's 24-point gameJanuary 20, 2023 | markets.businessinsider.com7 Analysts Have This to Say About Old Dominion Freight LineJanuary 18, 2023 | seekingalpha.comOld Dominion Is Set To Fly HigherSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ODFL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Old Dominion Freight Line and its competitors with MarketBeat's FREE daily newsletter. Email Address ODFL Company Calendar Ex-Dividend for 12/21 Dividend12/06/2022Dividend Payable12/21/2022Last Earnings2/01/2023Today2/02/2023Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Trucking, except local Sub-IndustryTrucking SectorTransportation Current SymbolNASDAQ:ODFL CUSIP67958010 CIK878927 Webwww.odfl.com Phone(336) 889-5000Fax336-822-5239Employees23,663Year Founded1934Price Target and Rating Average Stock Price Forecast$316.53 High Stock Price Forecast$400.00 Low Stock Price Forecast$260.00 Forecasted Upside/Downside-20.6%Consensus RatingHold Rating Score (0-4)1.91 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$11.67 Trailing P/E Ratio31.50 Forward P/E Ratio30.87 P/E Growth2.28Net Income$1.03 billion Net Margins21.56% Pretax Margin28.83% Return on Equity37.27% Return on Assets27.82% Debt Debt-to-Equity Ratio0.02 Current Ratio1.74 Quick Ratio1.74 Sales & Book Value Annual Sales$5.26 billion Price / Sales7.73 Cash Flow$12.42 per share Price / Cash Flow29.61 Book Value$32.00 per share Price / Book11.49Miscellaneous Outstanding Shares110,480,000Free Float99,102,000Market Cap$40.61 billion OptionableOptionable Beta1.09 Social Links Key ExecutivesGreg C. GanttPresident, Chief Executive Officer & DirectorKevin Marty FreemanChief Operating Officer & Executive Vice PresidentAdam N. SatterfieldCFO, Senior VP-Finance & Assistant SecretaryCecil E. OverbeySenior VP-Strategic DevelopmentDavid J. BatesSenior Vice President-OperationsKey CompetitorsJ.B. Hunt Transport ServicesNASDAQ:JBHTFedExNYSE:FDXDelta Air LinesNYSE:DALNorfolk SouthernNYSE:NSCSouthwest AirlinesNYSE:LUVView All CompetitorsInsiders & InstitutionsAlpha Omega Wealth Management LLCSold 35 shares on 2/1/2023Ownership: 0.234%Marshall Financial Group LLCBought 244 shares on 2/1/2023Ownership: 0.005%Groesbeck Investment Management Corp NJSold 130 shares on 2/1/2023Ownership: 0.004%CWM LLCBought 137 shares on 2/1/2023Ownership: 0.002%Janney Capital Management LLCBought 125 shares on 2/1/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions ODFL Stock - Frequently Asked Questions Should I buy or sell Old Dominion Freight Line stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Old Dominion Freight Line in the last year. There are currently 3 sell ratings, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ODFL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ODFL, but not buy additional shares or sell existing shares. View ODFL analyst ratings or view top-rated stocks. What is Old Dominion Freight Line's stock price forecast for 2023? 11 analysts have issued 1 year target prices for Old Dominion Freight Line's shares. Their ODFL share price forecasts range from $232.00 to $335.00. On average, they predict the company's stock price to reach $291.73 in the next year. This suggests that the stock has a possible downside of 20.6%. View analysts price targets for ODFL or view top-rated stocks among Wall Street analysts. How have ODFL shares performed in 2023? Old Dominion Freight Line's stock was trading at $283.78 at the beginning of the year. Since then, ODFL stock has increased by 29.5% and is now trading at $367.62. View the best growth stocks for 2023 here. How were Old Dominion Freight Line's earnings last quarter? Old Dominion Freight Line, Inc. (NASDAQ:ODFL) released its quarterly earnings data on Wednesday, February, 1st. The transportation company reported $2.92 EPS for the quarter, topping the consensus estimate of $2.68 by $0.24. The transportation company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.50 billion. Old Dominion Freight Line had a net margin of 21.56% and a trailing twelve-month return on equity of 37.27%. The firm's quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.41 earnings per share. 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 Wednesday, February 1st. Stockholders of record on Wednesday, March 1st will be paid a dividend of $0.40 per share on Wednesday, March 15th. This represents a $1.60 dividend on an annualized basis and a yield of 0.44%. This is a positive change from the stock's previous quarterly dividend of $0.30. Read our dividend analysis for ODFL. Is Old Dominion Freight Line a good dividend stock? Old Dominion Freight Line (NASDAQ:ODFL) pays an annual dividend of $1.20 per share and currently has a dividend yield of 0.37%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ODFL will have a dividend payout ratio of 10.37% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ODFL. When did Old Dominion Freight Line's stock split? Old Dominion Freight Line shares split before market open on 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 closing bell on Monday, March 23rd 2020. An investor that had 100 shares of stock prior to the split would have 150 shares after the split. What is David S. Congdon's approval rating as Old Dominion Freight Line's CEO? 310 employees have rated Old Dominion Freight Line Chief Executive Officer David S. Congdon on Glassdoor.com. David S. Congdon has an approval rating of 83% among the company's employees. 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), Walt Disney (DIS), Netflix (NFLX), 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 variety of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.26%), Canal Capital Management LLC (0.26%), Alpha Omega Wealth Management LLC (0.23%), Congress Asset Management Co. MA (0.18%), Natixis Advisors L.P. (0.16%) and New York State Common Retirement Fund (0.14%). Insiders that own company stock include David J Bates, David S Congdon and Leo H Suggs. View institutional ownership trends. How do I buy shares of Old Dominion Freight Line? Shares of ODFL stock 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 $367.62. How much money does Old Dominion Freight Line make? Old Dominion Freight Line (NASDAQ:ODFL) has a market capitalization of $40.61 billion and generates $5.26 billion in revenue each year. The transportation company earns $1.03 billion in net income (profit) each year or $11.67 on an earnings per share basis. How many employees does Old Dominion Freight Line have? The company employs 23,663 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 official website for the company is www.odfl.com. The transportation company can be reached via phone at (336) 889-5000, via email at investor.relations@odfl.com, or via fax at 336-822-5239. This page (NASDAQ:ODFL) was last updated on 2/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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