NASDAQ:ODFL Old Dominion Freight Line (ODFL) Stock Price, News & Analysis $191.86 +0.93 (+0.49%) (As of 10/4/2024 08:50 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 Key Stats Today's Range$190.40▼$195.9950-Day Range$184.82▼$210.1852-Week Range$165.49▼$227.80Volume1.17 million shsAverage Volume1.56 million shsMarket Capitalization$41.69 billionP/E Ratio33.78Dividend Yield0.54%Price Target$201.39Consensus 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… 25-Yr Wall St Legend: Get Out of Cash before Nov 6 (Ad)Our No. 1 stock for the rare "millionaire window" opening NOW According to Wall Street legend Whitney Tilson, an extremely rare window in the markets is about to open. It's an often-misunderstood market setup we've only seen 13 times since 1920. The last time this happened, it minted a million brand-new millionaires – in a single year. But Tilson says this unique window in the markets could close much sooner than anyone realizes, leaving most investors in the dust, while making a select few incredibly rich.Get our No. 1 stock (with 500%-plus upside potential) for this rare market event now. Old Dominion Freight Line Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks73rd Percentile Overall ScoreODFL MarketRank™: Old Dominion Freight Line scored higher than 73% of companies evaluated by MarketBeat, and ranked 58th out of 131 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.2 / 5Analyst RatingHold 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 11 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 Growth14.41% Earnings GrowthEarnings for Old Dominion Freight Line are expected to grow by 14.41% in the coming year, from $5.62 to $6.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Old Dominion Freight Line is 33.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Old Dominion Freight Line is 33.78, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 21.37.Price to Earnings Growth RatioOld Dominion Freight Line has a PEG Ratio of 4.03. 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 9.82. 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.80% 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 3.9, 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 increased by 1.50%, indicating that investor sentiment is decreasing. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldOld Dominion Freight Line has a dividend yield of 0.54%, 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 16.17% 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 Shorted2.80% 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 3.9, 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 increased by 1.50%, indicating that investor sentiment is decreasing. News and Social Media2.0 / 5News Sentiment0.56 News SentimentOld Dominion Freight Line has a news sentiment score of 0.56. 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 15 news articles for Old Dominion Freight Line this week, compared to 12 articles on an average week. 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 $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. ODFL Stock News HeadlinesHow to Watch the Georgia State vs. Old Dominion Game: Streaming & TV Channel Info for Oct. 12October 7 at 7:24 AM | msn.comCoastal Carolina vs. Old Dominion prediction, odds, time, line: 2024 College Football Week 6 picksOctober 4 at 8:12 AM | sportsbookwire.usatoday.com25-Yr Wall St Legend: Get Out of Cash before Nov 6Our No. 1 stock for the rare "millionaire window" opening NOW According to Wall Street legend Whitney Tilson, an extremely rare window in the markets is about to open. It's an often-misunderstood market setup we've only seen 13 times since 1920. The last time this happened, it minted a million brand-new millionaires – in a single year. But Tilson says this unique window in the markets could close much sooner than anyone realizes, leaving most investors in the dust, while making a select few incredibly rich.October 7, 2024 | Stansberry Research (Ad)Old Dominion Freight Line (NASDAQ:ODFL) Price Target Lowered to $188.00 at Evercore ISIOctober 4 at 8:08 AM | americanbankingnews.comCoastal Carolina vs. Old Dominion Preview, Stats, How to Watch - Oct. 5October 3, 2024 | sfgate.comCoastal Carolina vs. Old Dominion Football Prediction & Game Preview - Oct. 5October 2, 2024 | msn.comOld Dominion Freight Line, Inc. (ODFL): A Bull Case TheoryOctober 2, 2024 | msn.comOld Dominion National Bank eyes acquisitionsOctober 1, 2024 | bizjournals.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 shares have decreased by 5.3% and is now trading at $191.86. 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 results on Wednesday, July, 24th. The transportation company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.03. The company's quarterly 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? Old Dominion Freight Line's stock 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 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. Is Old Dominion Freight Line buying back stock? Old Dominion Freight Line's board authorized a stock repurchase plan on Wednesday, July 26th 2023, which permits the company to repurchase $3,000,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 6.9% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its stock is undervalued. Who are Old Dominion Freight Line's major shareholders? Top institutional investors of Old Dominion Freight Line include Handelsbanken Fonder AB (0.05%), SG Americas Securities LLC (0.04%), Czech National Bank (0.02%) and Alpha Omega Wealth Management LLC (0.01%). 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). Company Calendar Last Earnings7/24/2024Ex-Dividend for 9/18 Dividend9/04/2024Dividend Payable9/18/2024Today10/07/2024Next Earnings (Confirmed)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$201.39 High Stock Price Target$225.00 Low Stock Price Target$168.00 Potential Upside/Downside+5.0%Consensus RatingHold Rating Score (0-4)2.35 Research Coverage20 Analysts Profitability EPS (Most Recent Fiscal Year)$5.68 Trailing P/E Ratio33.78 Forward P/E Ratio34.14 P/E Growth4.08Net 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 / Sales6.98 Cash Flow$7.02 per share Price / Cash Flow27.34 Book Value$19.54 per share Price / Book9.82Miscellaneous Outstanding Shares217,285,000Free Float195,774,000Market Cap$41.69 billion OptionableOptionable Beta0.99 Social Links This page (NASDAQ:ODFL) was last updated on 10/7/2024 by MarketBeat.com Staff From Our PartnersCRUSHED: How Biden's Replacement Will Devastate Your 401(k)!Kamala Harris isn't just playing politics; she's a serious threat to your financial security. 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