NASDAQ:ODFL Old Dominion Freight Line (ODFL) Stock Price, News & Analysis $181.37 -6.37 (-3.39%) (As of 12/20/2024 05:31 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Old Dominion Freight Line Stock (NASDAQ:ODFL) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get ODFL alerts:Sign Up Key Stats Today's Range$176.03▼$186.8450-Day Range$181.37▼$231.8452-Week Range$165.49▼$233.26Volume4.96 million shsAverage Volume1.54 million shsMarket Capitalization$38.72 billionP/E Ratio31.71Dividend Yield0.57%Price Target$204.00Consensus RatingHold Company OverviewOld 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… Old Dominion Freight Line Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks88th Percentile Overall ScoreODFL MarketRank™: Old Dominion Freight Line scored higher than 88% of companies evaluated by MarketBeat, and ranked 26th out of 130 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.1 / 5Analyst RatingHold Consensus RatingOld Dominion Freight Line has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 4 buy ratings, 14 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. Earnings and Valuation1.9 / 5Proj. Earnings Growth9.04% Earnings GrowthEarnings for Old Dominion Freight Line are expected to grow by 9.04% in the coming year, from $5.42 to $5.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Old Dominion Freight Line is 31.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.74.Price to Earnings Ratio vs. SectorThe P/E ratio of Old Dominion Freight Line is 31.71, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 17.71.Price to Earnings Growth RatioOld Dominion Freight Line has a PEG Ratio of 4.21. 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 9.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.76% 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 5.8.Change versus previous monthShort interest in Old Dominion Freight Line has recently decreased by 8.12%, indicating that investor sentiment is improving significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldOld Dominion Freight Line has a dividend yield of 0.55%, 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 18.18%. 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 17.60% 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. Sustainability and ESG0.0 / 5Environmental Score-5.90 Percentage of Shares Shorted3.76% 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 5.8.Change versus previous monthShort interest in Old Dominion Freight Line has recently decreased by 8.12%, indicating that investor sentiment is improving significantly. News and Social Media3.2 / 5News Sentiment0.82 News SentimentOld Dominion Freight Line has a news sentiment score of 0.82. 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 higher news sentiment than the 0.63 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Old Dominion Freight Line this week, compared to 13 articles on an average week.Search Interest8 people have searched for ODFL on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.MarketBeat FollowsOnly 13 people have added Old Dominion Freight Line to their MarketBeat watchlist in the last 30 days. This is a decrease of -52% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares 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 $2,076,810.00 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. 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 HeadlinesXPO Stock Gains Momentum as U.S. Trade Outlook Evolves (ODFL)XPO is at the forefront of the transportation and logistics business, with shares that have spiked throughout 2024; here's a glimpse of what may be to come.December 22 at 7:45 AM | marketbeat.comWhere to Invest in 2025: Top Stock Picks for Maximum Gains (ODFL)As the end of the year approaches, investors might have some idle cash ready to be put to work as soon as 2025 is here. Three industries come forward as buysDecember 13, 2024 | marketbeat.comDid You See Trump’s Bombshell Exec. Order 001?Starting with what I call Exec. Order 001. It’s a bombshell law that I believe Trump will sign within minutes of stepping into the Oval Office...December 22, 2024 | Banyan Hill Publishing (Ad)Do New Tariffs Signal Rising Inflation? A Technical Breakdown (ODFL)While most economists think that new proposed tariffs will result in higher economic inflation scenarios, markets differ.December 3, 2024 | marketbeat.com3 Stocks to Ride the Manufacturing Sector's Big Comeback (ODFL)The market price action has shown everyone that the manufacturing sector could be the one to start outperforming in the coming months.November 29, 2024 | marketbeat.comOld Dominion Freight Line (NASDAQ:ODFL) Shares Down 5.9% - Time to Sell?December 22 at 4:07 AM | americanbankingnews.comQ3 Earnings Roundup: Old Dominion Freight Line (NASDAQ:ODFL) And The Rest Of The Ground Transportation SegmentDecember 20 at 12:25 PM | finance.yahoo.comOld Dominion Freight Line: A Dividend Grower That Should Benefit From Lower Interest RatesDecember 20 at 8:17 AM | seekingalpha.comSee More Headlines ODFL Stock Analysis - Frequently Asked Questions How have ODFL shares performed this year? Old Dominion Freight Line's stock was trading at $202.6650 on January 1st, 2024. Since then, ODFL stock has decreased by 10.5% and is now trading at $181.37. 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) posted its quarterly earnings results on Wednesday, October, 23rd. The transportation company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.01. The company's revenue for the quarter was down 3.0% compared to the same quarter last year. Read the conference call transcript. 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 market closes 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 of Directors initiated a stock buyback plan on Wednesday, July 26th 2023, which authorizes the company to buy back $3,000,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 6.9% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued. Who are Old Dominion Freight Line's major shareholders? Top institutional investors of Old Dominion Freight Line include State Street Corp (3.58%), Geode Capital Management LLC (2.26%), FMR LLC (1.29%) and Wellington Management Group LLP (0.67%). Insiders that own company stock include David S Congdon, Greg C Gantt, David J Bates, John D Kasarda, Bradley R Gabosch, Leo H Suggs, Thomas A Stith III and Steven W Hartsell. 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 Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), NVIDIA (NVDA), The RMR Group (RMR) and TotalEnergies (TTE). Company Calendar Last Earnings10/23/2024Ex-Dividend for 12/18 Dividend12/04/2024Dividend Payable12/18/2024Today12/22/2024Fiscal 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$204.00 High Stock Price Target$241.00 Low Stock Price Target$160.00 Potential Upside/Downside+12.5%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage20 Analysts Profitability EPS (Most Recent Fiscal Year)$5.72 Trailing P/E Ratio31.71 Forward P/E Ratio33.46 P/E Growth4.21Net Income$1.24 billion Net Margins21.03% Pretax Margin27.81% Return on Equity29.40% Return on Assets22.72% Debt Debt-to-Equity Ratio0.01 Current Ratio1.33 Quick Ratio1.33 Sales & Book Value Annual Sales$5.92 billion Price / Sales6.54 Cash Flow$6.48 per share Price / Cash Flow27.97 Book Value$19.54 per share Price / Book9.28Miscellaneous Outstanding Shares213,498,000Free Float192,362,000Market Cap$38.72 billion OptionableOptionable Beta1.00 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report This page (NASDAQ:ODFL) was last updated on 12/22/2024 by MarketBeat.com Staff From Our PartnersCould This Tiny Device Help You Make an Extra $30k a Year?I believe it’s going to power Elon Musk’s next AI revolution… A revolution he believes will be worth more t...Brownstone Research | SponsoredDid You See Trump’s Bombshell Exec. 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