NASDAQ:ODFL Old Dominion Freight Line (ODFL) Stock Price, News & Analysis $184.82 -1.24 (-0.67%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$182.86▼$187.4250-Day Range$178.41▼$210.1852-Week Range$165.49▼$227.80Volume1.43 million shsAverage Volume1.59 million shsMarket Capitalization$40.16 billionP/E Ratio32.54Dividend Yield0.56%Price Target$201.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Old Dominion Freight Line alerts: Email Address Old Dominion Freight Line MarketRank™ Stock AnalysisAnalyst RatingHold2.35 Rating ScoreUpside/Downside8.8% Upside$201.00 Price TargetShort InterestHealthy2.65% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.90Upright™ Environmental ScoreNews Sentiment0.23Based on 38 Articles This WeekInsider TradingSelling Shares$7.99 M Sold Last QuarterProj. Earnings Growth14.61%From $5.68 to $6.51 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.3.50 out of 5 starsTransportation Sector53rd out of 120 stocksTrucking, Except Local Industry8th out of 13 stocks 2.2 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, 12 hold ratings, and 1 sell rating.Amount of Analyst CoverageOld Dominion Freight Line has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Old Dominion Freight Line's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.65% 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 3.3, 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 1.37%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldOld Dominion Freight Line has a dividend yield of 0.53%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthOld Dominion Freight Line does not have a long track record of dividend growth.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 15.98% next year. This indicates that Old Dominion Freight Line will be able to sustain or increase its dividend.Read more about Old Dominion Freight Line's 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 1.8 News and Social Media Coverage News SentimentOld Dominion Freight Line has a news sentiment score of 0.23. 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 0.53 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 38 news articles for Old Dominion Freight Line this week, compared to 11 articles on an average week.Search InterestOnly 2 people have searched for ODFL on MarketBeat in the last 30 days. This is a decrease of -87% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Old Dominion Freight Line to their MarketBeat watchlist in the last 30 days. This is a decrease of -55% compared to the previous 30 days. Previous Next 2.5 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 $7,985,668.00 in company stock.Percentage Held by InsidersOnly 9.90% of the stock of Old Dominion Freight Line is held by insiders.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.Read more about Old Dominion Freight Line's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Old Dominion Freight Line are expected to grow by 14.61% in the coming year, from $5.68 to $6.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Old Dominion Freight Line is 32.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Old Dominion Freight Line is 32.54, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 20.49.Price to Earnings Growth RatioOld Dominion Freight Line has a PEG Ratio of 3.76. 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 9.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Old Dominion Freight Line's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. 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 HeadlinesSeptember 4 at 4:02 AM | insidertrades.comOld Dominion Freight Line, Inc. (NASDAQ:ODFL) Chairman David S. Congdon Sells 10,000 SharesAugust 29, 2024 | insidertrades.comOld Dominion Freight Line, Inc. (NASDAQ:ODFL) Chairman David S. Congdon Sells 29,975 SharesSeptember 7, 2024 | Porter & Company (Ad)War on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.September 7 at 8:54 AM | sfgate.comWhat channel is the Old Dominion vs. East Carolina game on?September 7 at 5:45 AM | americanbankingnews.comOld Dominion Freight Line (NASDAQ:ODFL) PT Lowered to $170.00September 7 at 3:54 AM | bizjournals.comOld Dominion Freight Line expands in Chicago market with new service centerSeptember 7 at 1:19 AM | americanbankingnews.comOld Dominion Freight Line (NASDAQ:ODFL) Shares Gap Down After Analyst DowngradeSeptember 6 at 7:29 AM | americanbankingnews.comOld Dominion Freight Line's (ODFL) Overweight Rating Reaffirmed at StephensSeptember 7, 2024 | Porter & Company (Ad)War on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.September 6 at 5:05 AM | americanbankingnews.comOld Dominion Freight Line's (ODFL) Hold Rating Reaffirmed at BenchmarkSeptember 5 at 10:41 PM | sfgate.comOld Dominion vs. East Carolina Football Score Prediction & Game Info - Sept. 7September 5 at 5:38 PM | markets.businessinsider.comBenchmark Co. Remains a Hold on Old Dominion Freight (ODFL)September 5 at 5:38 PM | theglobeandmail.comOld Dominion Freight Line (ODFL) Stock Trades Down, Here Is WhySeptember 5 at 12:37 PM | sfgate.comEast Carolina vs. Old Dominion Preview, Stats, How to Watch - Sept. 7September 5 at 12:37 PM | markets.businessinsider.comOld Dominion Freight (ODFL) Gets a Sell from Wells FargoSeptember 5 at 12:37 PM | finance.yahoo.comOld Dominion Freight Line Provides Update for Third Quarter 2024September 5 at 4:23 AM | americanbankingnews.comDavid S. Congdon Sells 10,000 Shares of Old Dominion Freight Line, Inc. (NASDAQ:ODFL) StockSeptember 5 at 3:05 AM | americanbankingnews.comOld Dominion Freight Line, Inc. (NASDAQ:ODFL) Receives $200.88 Consensus Target Price from AnalystsSee 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 6/19 Dividend6/05/2024Dividend Payable6/19/2024Last Earnings7/24/2024Ex-Dividend for 9/18 Dividend9/04/2024Today9/07/2024Dividend Payable9/18/2024Next Earnings (Estimated)10/23/2024Fiscal 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$201.00 High Stock Price Target$222.00 Low Stock Price Target$168.00 Potential Upside/Downside+8.8%Consensus RatingHold Rating Score (0-4)2.35 Research Coverage20 Analysts Profitability EPS (Most Recent Fiscal Year)$5.68 Trailing P/E Ratio32.54 Forward P/E Ratio32.54 P/E Growth3.76Net Income$1.24 billion Net Margins21.38% Pretax Margin28.33% Return on Equity30.33% Return on Assets23.42% Debt Debt-to-Equity Ratio0.01 Current Ratio1.46 Quick Ratio1.46 Sales & Book Value Annual Sales$5.97 billion Price / Sales6.73 Cash Flow$6.88 per share Price / Cash Flow26.87 Book Value$18.92 per share Price / Book9.77Miscellaneous Outstanding Shares217,285,000Free Float195,774,000Market Cap$40.16 billion OptionableOptionable Beta0.99 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:JBHTU-HaulNASDAQ:UHALSaiaNASDAQ:SAIAKnight-Swift TransportationNYSE:KNXLandstar SystemNASDAQ:LSTRView All CompetitorsInsiders & InstitutionsCim LLCSold 4,830 shares on 9/6/2024Ownership: 0.003%Sanctuary Advisors LLCBought 37,473 shares on 9/5/2024Ownership: 0.017%Pensioenfonds Rail & OVSold 2,511 shares on 8/30/2024Ownership: 0.075%David S CongdonSold 10,000 sharesTotal: $1.95 M ($195.17/share)Clearbridge Investments LLCBought 196,350 shares on 8/27/2024Ownership: 0.321%View All Insider TransactionsView All Institutional Transactions ODFL Stock Analysis - Frequently Asked Questions How have ODFL shares performed this year? Old Dominion Freight Line's stock was trading at $202.6650 at the beginning of 2024. Since then, ODFL shares have decreased by 8.8% and is now trading at $184.82. View the best growth stocks for 2024 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, July, 24th. The transportation company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.45 by $0.03. The company's revenue was up 6.1% on a year-over-year basis. Read the conference call transcript. When did Old Dominion Freight Line's stock split? Shares of Old Dominion Freight Line split on Thursday, March 28th 2024. The 2-1 split was announced on Friday, February 16th 2024. The newly minted shares were issued 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. Is Old Dominion Freight Line buying back stock? Old Dominion Freight Line's board approved a stock buyback plan on Wednesday, July 26th 2023, which permits the company to repurchase $3,000,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 6.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are 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. Who are Old Dominion Freight Line's major shareholders? Top institutional shareholders of Old Dominion Freight Line include Bank of New York Mellon Corp (2.86%), Legal & General Group Plc (0.77%), Royal London Asset Management Ltd. (0.54%) and Dimensional Fund Advisors LP (0.48%). Insiders that own company stock include David S Congdon, David J Bates, John D Kasarda, Bradley R Gabosch, Thomas A Stith III, Steven W Hartsell 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Old Dominion Freight Line own? Based on aggregate information from My MarketBeat watchlists, some other companies that Old Dominion Freight Line investors own include NVIDIA (NVDA), Walt Disney (DIS), Netflix (NFLX), Home Depot (HD), PayPal (PYPL), Mastercard (MA) and Intel (INTC). This page (NASDAQ:ODFL) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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