NASDAQ:ODFL Old Dominion Freight Line (ODFL) Stock Price, News & Analysis → Urgent dollar warning (From Stansberry Research) (Ad) Free ODFL Stock Alerts $183.40 +0.91 (+0.50%) (As of 05/2/2024 ET) Add Compare Share Share Today's Range$181.79▼$185.2650-Day Range$181.71▼$427.9552-Week Range$147.90▼$227.80Volume1.45 million shsAverage Volume1.44 million shsMarket Capitalization$39.92 billionP/E Ratio32.29Dividend Yield0.57%Price Target$209.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Old Dominion Freight Line alerts: Email Address Old Dominion Freight Line MarketRank™ Stock AnalysisAnalyst RatingHold2.35 Rating ScoreUpside/Downside14.0% Upside$209.08 Price TargetShort InterestHealthy1.89% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.90Upright™ Environmental ScoreNews Sentiment0.10Based on 22 Articles This WeekInsider TradingSelling Shares$3.52 M Sold Last QuarterProj. Earnings Growth17.88%From $6.04 to $7.12 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.64 out of 5 starsTransportation Sector15th out of 108 stocksTrucking, Except Local Industry5th out of 13 stocks 3.2 Analyst's Opinion Consensus RatingOld Dominion Freight Line has received a consensus rating of Hold. The company's average rating score is 2.35, and is based on 6 buy ratings, 11 hold ratings, and no sell ratings.Amount of Analyst CoverageOld Dominion Freight Line has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.89% of the outstanding shares of Old Dominion Freight Line have been sold short.Short Interest Ratio / Days to CoverOld Dominion Freight Line has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Old Dominion Freight Line has recently decreased by 7.62%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldOld Dominion Freight Line has a dividend yield of 0.57%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthOld Dominion Freight Line has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Old Dominion Freight Line is 18.31%. 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 14.61% 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 2.3 News and Social Media Coverage News SentimentOld Dominion Freight Line has a news sentiment score of 0.10. 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 is a lower news sentiment than the 0.36 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 22 news articles for Old Dominion Freight Line this week, compared to 11 articles on an average week.Search InterestOnly 15 people have searched for ODFL on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.MarketBeat Follows25 people have added Old Dominion Freight Line to their MarketBeat watchlist in the last 30 days. This is an increase of 47% 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 $3,524,820.00 in company stock.Percentage Held by Insiders10.40% 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 Institutions77.82% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Old Dominion Freight Line are expected to grow by 17.88% in the coming year, from $6.04 to $7.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Old Dominion Freight Line is 32.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Old Dominion Freight Line is 32.29, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 16.08.Price to Earnings Growth RatioOld Dominion Freight Line has a PEG Ratio of 2.89. 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 9.07. 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 Ad The Freeport SocietyNew Trump BombshellI believe Donald J. Trump will go down as America’s last Republican president. But NOT for the reasons you may think… Click here to see my 2024 election prediction. About Old Dominion Freight Line Stock (NASDAQ:ODFL)Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2023, it owned and operated 10,791 tractors, 31,233 linehaul trailers, and 15,181 pickup and delivery trailers; 46 fleet maintenance centers; and 257 service centers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.Read More ODFL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ODFL Stock News HeadlinesMay 1, 2024 | americanbankingnews.comOld Dominion Freight Line (NASDAQ:ODFL) Stock Rating Upgraded by Vertical ResearchMay 1, 2024 | markets.businessinsider.comAnalysts Conflicted on These Industrial Goods Names: Old Dominion Freight (ODFL) and Norfolk Southern (NSC)May 2, 2024 | Paradigm Press (Ad)Biden out June 13; Kamala won’t replace him?On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.April 30, 2024 | msn.comVertical Research Upgrades Old Dominion Freight Line (ODFL)April 30, 2024 | americanbankingnews.comOld Dominion Freight Line, Inc. (NASDAQ:ODFL) Given Average Rating of "Hold" by BrokeragesApril 30, 2024 | seekingalpha.comOld Dominion Freight Line: The Dividend Growth Stock That Keeps On WinningApril 28, 2024 | americanbankingnews.comJPMorgan Chase & Co. Cuts Old Dominion Freight Line (NASDAQ:ODFL) Price Target to $219.00April 28, 2024 | americanbankingnews.comBank of America Trims Old Dominion Freight Line (NASDAQ:ODFL) Target Price to $205.00May 2, 2024 | Paradigm Press (Ad)Biden out June 13; Kamala won’t replace him?On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.April 28, 2024 | americanbankingnews.comBarclays Cuts Old Dominion Freight Line (NASDAQ:ODFL) Price Target to $205.00April 28, 2024 | americanbankingnews.comUBS Group Raises Old Dominion Freight Line (NASDAQ:ODFL) Price Target to $205.00April 28, 2024 | americanbankingnews.comOld Dominion Freight Line (NASDAQ:ODFL) Price Target Cut to $206.00April 27, 2024 | americanbankingnews.comOld Dominion Freight Line (NASDAQ:ODFL) Price Target Cut to $225.00April 27, 2024 | americanbankingnews.comOld Dominion Freight Line (NASDAQ:ODFL) Shares Down 5% Following Analyst DowngradeApril 26, 2024 | markets.businessinsider.comOld Dominion Freight Hold Rating Justified Amidst Economic Headwinds and Market PressuresApril 26, 2024 | finance.yahoo.comOld Dominion Freight Line First Quarter 2024 Earnings: In Line With ExpectationsApril 26, 2024 | seekingalpha.comOld Dominion Freight Line, Inc. (ODFL) Q1 2024 Earnings Call TranscriptApril 25, 2024 | benzinga.comOld Dominion's Q1 Earnings Meet Estimate, but LTL Stocks Fall AnywayApril 25, 2024 | fool.comOld Dominion Freight Line: A Q1 Earnings SnapshotApril 25, 2024 | finance.yahoo.comOld Dominion Freight Line, Inc. (NASDAQ:ODFL) Q1 2024 Earnings Call TranscriptApril 25, 2024 | markets.businessinsider.comOld Dominion Freight: Hold Rating with Cautious Outlook on Mixed Q1 Earnings and Future Growth PotentialApril 25, 2024 | finance.yahoo.comOld Dominion Freight Line Inc (ODFL) (Q1 2024) Earnings Call Transcript Highlights: Record EPS ...April 25, 2024 | finance.yahoo.comQ1 2024 Old Dominion Freight Line Inc Earnings CallApril 24, 2024 | fool.comWhy Old Dominion Freight Line Stock Crashed on WednesdayApril 24, 2024 | investorplace.comODFL Stock Earnings: Old Dominion Freight Line Meets EPS, Misses Revenue for Q1 2024April 24, 2024 | finance.yahoo.comCORRECTED-Old Dominion Freight Line posts lower-than-expected Q1 revenue on lesser shipmentsApril 24, 2024 | markets.businessinsider.comOld Dominion Freight Line, Inc. Q1 income increases in line with estimatesSee More Headlines 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 Company Calendar Ex-Dividend for 3/20 Dividend3/05/2024Dividend Payable3/20/2024Last Earnings4/24/2024Today5/02/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Trucking, except local Sub-IndustryTrucking Current SymbolNASDAQ:ODFL CUSIP67958010 CIK878927 Webwww.odfl.com Phone(336) 889-5000Fax336-822-5239Employees22,902Year Founded1934Price Target and Rating Average Stock Price Target$209.08 High Stock Price Target$257.50 Low Stock Price Target$175.00 Potential Upside/Downside+14.4%Consensus RatingHold Rating Score (0-4)2.35 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$5.68 Trailing P/E Ratio32.17 Forward P/E Ratio30.25 P/E Growth2.89Net Income$1.24 billion Net Margins21.19% Pretax Margin28.15% Return on Equity30.12% Return on Assets23.26% Debt Debt-to-Equity Ratio0.01 Current Ratio2.29 Quick Ratio2.10 Sales & Book Value Annual Sales$5.87 billion Price / Sales6.78 Cash Flow$7.22 per share Price / Cash Flow25.32 Book Value$20.22 per share Price / Book9.04Miscellaneous Outstanding Shares217,670,000Free Float195,036,000Market Cap$39.77 billion OptionableOptionable Beta1.07 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. David S. Congdon (Age 67)Executive Chairman of the Board Comp: $5.51MMr. Kevin M. Freeman (Age 65)President & CEO Comp: $6.15MMr. Adam N. Satterfield (Age 49)Executive VP of Finance, CFO & Assistant Secretary Comp: $5.15MMr. Gregory B. Plemmons (Age 59)Executive VP & COO Comp: $3.84MMr. Earl E. Congdon (Age 93)Chairman Emeritus & Senior Advisor Comp: $3.8MMs. Kimberly S. Maready (Age 53)Principal Accounting Officer and VP of Accounting & Finance Mr. Ross H. Parr (Age 52)Senior VP of Legal Affairs, General Counsel & Secretary Sam FaucetteVice President of Safety & ComplianceMr. Steven W. Hartsell (Age 56)Senior Vice President of Sales Mr. Christopher Thomas Brooks (Age 53)Senior Vice President of Human Resources & Safety More ExecutivesKey CompetitorsJ.B. Hunt Transport ServicesNASDAQ:JBHTSaiaNASDAQ:SAIADelta Air LinesNYSE:DALRyanairNASDAQ:RYAAYWestinghouse Air Brake TechnologiesNYSE:WABView All CompetitorsInsiders & InstitutionsGraypoint LLCBought 659 shares on 5/2/2024Ownership: 0.001%PDS Planning IncBought 638 shares on 5/2/2024Ownership: 0.001%Quent Capital LLCBought 586 shares on 5/2/2024Ownership: 0.001%Choreo LLCBought 559 shares on 5/2/2024Ownership: 0.001%TobamBought 486 shares on 5/2/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions Should I Buy Old Dominion Freight Line Stock? ODFL Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Old Dominion Freight Line, Inc.: Old Dominion Freight Line, Inc. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance. The company has a solid track record of profitability, which is attractive to investors looking for stable returns. Recent market trends have shown an increasing demand for freight services, positioning Old Dominion Freight Line, Inc. to capitalize on this growth. With a current stock price that reflects the company's strong performance, investors may see potential for capital appreciation. Old Dominion Freight Line, Inc. operates in a resilient industry, providing essential services that are less susceptible to economic downturns. Cons Investors should be bearish about investing in Old Dominion Freight Line, Inc. for these reasons: Fluctuations in fuel prices can impact the company's operating costs and profitability, potentially affecting investor returns. The competitive nature of the freight industry may lead to pricing pressures, impacting Old Dominion Freight Line, Inc.'s margins. Regulatory changes in the transportation sector could introduce compliance challenges and additional costs for the company. Global economic uncertainties and trade tensions may affect the demand for freight services, impacting Old Dominion Freight Line, Inc.'s revenue streams. Investors should consider the cyclical nature of the transportation industry, which can lead to periods of volatility in the company's financial performance. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these Old Dominion Freight Line pros and cons to contact@marketbeat.com. ODFL Stock Analysis - Frequently Asked Questions Should I buy or sell Old Dominion Freight Line stock right now? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old Dominion Freight Line in the last twelve months. There are currently 11 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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 target for 2024? 17 Wall Street research analysts have issued 12-month price objectives for Old Dominion Freight Line's stock. Their ODFL share price targets range from $175.00 to $257.50. On average, they expect the company's stock price to reach $209.08 in the next twelve months. This suggests a possible upside of 14.0% from the stock's current price. View analysts price targets for ODFL or view top-rated stocks among Wall Street analysts. How have ODFL shares performed in 2024? Old Dominion Freight Line's stock was trading at $202.6650 at the beginning of 2024. Since then, ODFL shares have decreased by 9.5% and is now trading at $183.40. View the best growth stocks for 2024 here. Are investors shorting Old Dominion Freight Line? Old Dominion Freight Line saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 4,460,000 shares, an increase of 112.4% from the March 15th total of 2,100,000 shares. Based on an average daily volume of 1,330,000 shares, the short-interest ratio is currently 3.4 days. View Old Dominion Freight Line's Short Interest. When is Old Dominion Freight Line's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our ODFL earnings forecast. How were Old Dominion Freight Line's earnings last quarter? Old Dominion Freight Line, Inc. (NASDAQ:ODFL) announced its earnings results on Wednesday, April, 24th. The transportation company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.01. The transportation company earned $1.46 billion during the quarter, compared to analysts' expectations of $1.47 billion. Old Dominion Freight Line had a net margin of 21.19% and a trailing twelve-month return on equity of 30.12%. Read the conference call transcript. 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 Wednesday, January 31st. Stockholders of record on Wednesday, March 6th will be paid a dividend of $0.26 per share on Wednesday, March 20th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date of this dividend is Tuesday, March 5th. 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 $1.04 per share and currently has a dividend yield of 0.57%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ODFL will have a dividend payout ratio of 14.61% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ODFL. What ETFs hold Old Dominion Freight Line's stock? ETFs with the largest weight of Old Dominion Freight Line (NASDAQ:ODFL) stock in their portfolio include iShares U.S. Transportation ETF (IYT), ProShares Supply Chain Logistics ETF (SUPL), Direxion Daily Transportation Bull 3X Shares (TPOR), Mohr Growth ETF (MOHR), VictoryShares THB Mid Cap ESG ETF (MDCP), Invesco Focused Discovery Growth ETF (IVDG), Pacer Industrials and Logistics ETF (SHPP) and Sterling Capital Focus Equity ETF (LCG). When did Old Dominion Freight Line's stock split? Old Dominion Freight Line shares split on Thursday, March 28th 2024. The 2-1 split was announced on Friday, February 16th 2024. The newly created shares were distributed to shareholders after the closing bell on Wednesday, March 27th 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. How will Old Dominion Freight Line's stock buyback program work? Old Dominion Freight Line announced that its Board of Directors has approved a stock buyback program on Wednesday, July 26th 2023, which allows the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 6.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued. 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). Who are Old Dominion Freight Line's major shareholders? Old Dominion Freight Line's stock is owned by a number of retail and institutional investors. Top institutional investors include Bank of New York Mellon Corp (2.73%), WCM Investment Management LLC (0.91%), Canal Capital Management LLC (0.26%), Sumitomo Mitsui Trust Holdings Inc. (0.23%), Congress Asset Management Co. MA (0.20%) and Allspring Global Investments Holdings LLC (0.18%). Insiders that own company stock include Bradley R Gabosch, David J Bates, David S Congdon, John D Kasarda, Leo H Suggs, Steven W Hartsell and Thomas A Stith III. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:ODFL) was last updated on 5/2/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressUrgent Nvidia WarningAltimetryThe A.I. story nobody is telling you (Read ASAP)TradeSmithYour bank is lying to you.MyBankTrackerThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingTrump just won 2024Porter & CompanyHe Is Giving Away BitcoinCrypto Swap Profits Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.