Old Dominion Freight Line (ODFL) Stock Price, News & Analysis

Company Overview

Old Dominion Freight Line, Inc. is a leading less-than-truckload (LTL) freight carrier based in Thomasville, North Carolina. Founded in 1934, the company initially operated as a regional freight hauler and has since grown into one of the most comprehensive network carriers in the United States. Over its history, Old Dominion has expanded its service footprint through strategic facility investments, technological enhancements, and a focus on operational efficiency, positioning itself as a reliable partner for shippers of varying sizes and industries.

The company’s core service offerings center on LTL transportation, which enables customers to ship smaller freight loads without the need for full-truckload commitment. In addition to standard LTL services, Old Dominion provides expedited delivery options, time-definite shipping, and guaranteed services for critical shipments. Beyond traditional freight hauling, the company also offers value-added solutions such as supply chain optimization, cross-border logistics into Canada and Mexico, and managed transportation through its network of regional and multi-regional service centers.

Old Dominion Freight Line operates an extensive network of service centers, terminals, and distribution hubs across the continental United States, complemented by cross-border capabilities that support international freight movements. Under the leadership of President and Chief Executive Officer Greg C. Gantt and Chief Operating Officer John C. “Jack” Holmes, the company emphasizes continuous improvement, safety, and customer satisfaction. With a commitment to innovation and disciplined growth, Old Dominion Freight Line maintains a reputation for reliable transit times, low claim rates, and high service quality in the competitive LTL sector.

Key Stats

• Today's Range: $144.47 to $149.39
• 50-Day Range: $141.85 to $171.12
• 52-Week Range: $140.71 to $233.26
• Volume: 1.86 million shs
• Average Volume: 1.74 million shs
• Market Capitalization: $30.45 billion
• P/E Ratio: 28.30
• Dividend Yield: 0.77%
• Price Target: $167.14
• Consensus Rating: Hold

Old Dominion Freight Line Stock Analysis - MarketRank™

Old Dominion Freight Line scored higher than 82% of companies evaluated by MarketBeat, and ranked 35th out of 129 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Hold

Consensus Rating

Old Dominion Freight Line has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 8 buy ratings, 14 hold ratings, and 1 sell rating.

Upside Potential

Old Dominion Freight Line has a consensus price target of $167.14, representing about 15.4% upside from its current price of $144.89.

Amount of Analyst Coverage

Old Dominion Freight Line has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 17.78%

Earnings Growth

Earnings for Old Dominion Freight Line are expected to grow by 17.78% in the coming year, from $5.68 to $6.69 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Old Dominion Freight Line is 28.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Old Dominion Freight Line is 28.30, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 13.71.

Price to Earnings Growth Ratio

Old Dominion Freight Line has a PEG Ratio of 3.47. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Old Dominion Freight Line has a P/B Ratio of 7.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.57% of the float of Old Dominion Freight Line has been sold short.

Short Interest Ratio / Days to Cover

Old Dominion Freight Line has a short interest ratio ("days to cover") of 5.6.

Change versus previous month

Short interest in Old Dominion Freight Line has recently increased by 8.55%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Old Dominion Freight Line has a dividend yield of 0.75%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Old Dominion Freight Line has been increasing its dividend for 5 years.

Dividend Coverage

The dividend payout ratio of Old Dominion Freight Line is 21.88%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Old Dominion Freight Line will have a dividend payout ratio of 16.74% next year. This indicates that Old Dominion Freight Line will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -5.90

Percentage of Shares Shorted

5.57% of the float of Old Dominion Freight Line has been sold short.

Short Interest Ratio / Days to Cover

Old Dominion Freight Line has a short interest ratio ("days to cover") of 5.6.

Change versus previous month

Short interest in Old Dominion Freight Line has recently increased by 8.55%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.14

News Sentiment

Old Dominion Freight Line has a news sentiment score of 1.14. 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 0.96 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 25 news articles for Old Dominion Freight Line this week, compared to 22 articles on an average week.

Search Interest

Only 3 people have searched for ODFL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

3 people have added Old Dominion Freight Line to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Old Dominion Freight Line insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 10.00% of the stock of Old Dominion Freight Line is held by insiders.

Percentage Held by Institutions

77.82% 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.

ODFL Stock Analysis - Frequently Asked Questions

How have ODFL shares performed this year?

Old Dominion Freight Line's stock was trading at $176.40 on January 1st, 2025. Since then, ODFL shares have decreased by 17.9% and is now trading at $144.89.

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

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) issued its quarterly earnings data on Wednesday, July, 30th. The transportation company reported $1.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.29 by $0.02. The company's revenue was down 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 before market open on Thursday, March 28th 2024.The 2-1 split was announced on Friday, February 16th 2024. The newly minted shares were payable 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.

Who are Old Dominion Freight Line's major shareholders?

Top institutional shareholders of Old Dominion Freight Line include Vanguard Group Inc. (10.83%), State Street Corp (3.67%), Bank of New York Mellon Corp (2.57%) and Geode Capital Management LLC (2.38%). 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.

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

• Record date for 6/18 Dividend: 6/04/2025
• Ex-Dividend for 6/18 Dividend: 6/04/2025
• Dividend Payable: 6/18/2025
• Last Earnings: 7/30/2025
• Record date for 9/17 Dividend: 9/03/2025
• Ex-Dividend for 9/17 Dividend: 9/03/2025
• Today: 9/13/2025
• Dividend Payable: 9/17/2025
• Next Earnings (Estimated): 10/22/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: TRANS - TRUCK
• Sub-Industry: Trucking
• Current Symbol: NASDAQ:ODFL
• CIK: 878927
• Web: www.odfl.com
• Phone: (336) 889-5000
• Fax: 336-822-5239
• Employees: 21,895
• Year Founded: 1934

Price Target and Rating

• Average Price Target for Old Dominion Freight Line: $167.14
• High Price Target: $236.00
• Low Price Target: $102.00
• Potential Upside/Downside: +15.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.30
• Research Coverage: 23 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.12
• Trailing P/E Ratio: 28.30
• Forward P/E Ratio: 25.51
• P/E Growth: 3.47
• Net Income: $1.19 billion
• Net Margins: 19.42%
• Pretax Margin: 25.43%
• Return on Equity: 25.94%
• Return on Assets: 19.95%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 1.38
• Quick Ratio: 1.38

Sales & Book Value

• Annual Sales: $5.81 billion
• Price / Sales: 5.24
• Cash Flow: $6.95 per share
• Price / Cash Flow: 20.84
• Book Value: $19.88 per share
• Price / Book: 7.29

Miscellaneous

• Outstanding Shares: 210,170,000
• Free Float: 189,151,000
• Market Cap: $30.45 billion
• Optionable: Optionable
• Beta: 1.23