NASDAQ:ODFL Old Dominion Freight Line (ODFL) Stock Price, News & Analysis $182.77 +0.90 (+0.49%) (As of 07/5/2024 08:53 PM ET) Add Compare Share Share Today's Range$180.87▼$183.6850-Day Range$168.53▼$185.0652-Week Range$165.49▼$227.80Volume1.20 million shsAverage Volume1.59 million shsMarket Capitalization$39.71 billionP/E Ratio32.18Dividend Yield0.57%Price Target$201.18 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 RatingHold2.37 Rating ScoreUpside/Downside10.1% Upside$201.18 Price TargetShort InterestHealthy2.65% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.90Upright™ Environmental ScoreNews Sentiment1.49Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth17.79%From $5.96 to $7.02 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.4.12 out of 5 starsTransportation Sector31st out of 113 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 2.37, and is based on 6 buy ratings, 11 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 3.0 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 increased by 6.09%, indicating that investor sentiment is decreasing 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 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 14.81% 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 2.5 News and Social Media Coverage News SentimentOld Dominion Freight Line has a news sentiment score of 1.49. 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 0.80 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Old Dominion Freight Line this week, compared to 10 articles on an average week.Search InterestOnly 5 people have searched for ODFL on MarketBeat in the last 30 days. This is a decrease of -72% compared to the previous 30 days.MarketBeat FollowsOnly 21 people have added Old Dominion Freight Line to their MarketBeat watchlist in the last 30 days. This is a decrease of -19% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Old Dominion Freight Line insiders have not sold or bought any 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Old Dominion Freight Line are expected to grow by 17.79% in the coming year, from $5.96 to $7.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Old Dominion Freight Line is 32.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Old Dominion Freight Line is 32.18, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 20.83.Price to Earnings Growth RatioOld Dominion Freight Line has a PEG Ratio of 2.38. 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 9.35. 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 InvestorPlaceMust-See: Elon’s New Invention is Absolutely InsaneCould Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.Click here for the full story… 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 HeadlinesJuly 3, 2024 | benzinga.comDo Options Traders Know Something About Old Dominion Stock We Don't?July 2, 2024 | seekingalpha.comOld Dominion Freight Line: One Of My Favorite Dividend Growth Stocks Could Take OffJuly 8, 2024 | Colonial Metals (Ad)Collapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.June 29, 2024 | fool.comThis Stock-Split Stock Is Up 269% Over the Past 5 Years. Here's Why It's a Buy Today.June 26, 2024 | insidermonkey.comIs Old Dominion Freight Line (ODFL) Poised for Continued Share Growth?June 20, 2024 | investorplace.comSilence is Golden: 3 Overlooked Stocks Quietly Minting MillionairesJune 19, 2024 | insidermonkey.comIs Old Dominion Freight Line (ODFL) a Good Freight Stock to Buy Right Now?June 8, 2024 | fool.com2 No-Brainer Industrial Stocks to Buy With $200 Right NowJuly 8, 2024 | Colonial Metals (Ad)Collapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.June 7, 2024 | globenewswire.comOld Dominion University and Eastern Virginia Medical School Commemorate Integration at Community Celebration with Historic Investments and Name UnveilingsJune 6, 2024 | fool.comWhy Old Dominion Stock Is Decelerating TodayJune 5, 2024 | businesswire.comOld Dominion Freight Line Provides Update for Second Quarter 2024June 4, 2024 | fool.comWhy Saia and Old Dominion Stocks Are in the Fast Lane TodayMay 30, 2024 | investorplace.com3 Low-Priced Stocks Poised for a 30% BreakoutMay 28, 2024 | msn.comOld Dominion Preview, Best Players, Top Transfers, Season Prediction, Win Total 2024May 27, 2024 | finance.yahoo.comOld Dominion Freight Line, Inc.'s (NASDAQ:ODFL) Intrinsic Value Is Potentially 24% Below Its Share PriceMay 22, 2024 | msn.comSouth Alabama’s baseball season ends with 3-2 loss to Old Dominion in Sun Belt tournamentMay 20, 2024 | msn.comOld Dominion Freight Line declares $0.26 dividendSee 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 Last Earnings4/24/2024Ex-Dividend for 6/19 Dividend6/05/2024Dividend Payable6/19/2024Today7/07/2024Next Earnings (Confirmed)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$201.18 High Stock Price Target$235.00 Low Stock Price Target$175.00 Potential Upside/Downside+10.1%Consensus RatingHold Rating Score (0-4)2.37 Research Coverage19 Analysts Profitability EPS (Most Recent Fiscal Year)$5.68 Trailing P/E Ratio32.18 Forward P/E Ratio30.67 P/E Growth2.38Net 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 Ratio2.29 Sales & Book Value Annual Sales$5.87 billion Price / Sales6.77 Cash Flow$7.18 per share Price / Cash Flow25.47 Book Value$19.54 per share Price / Book9.35Miscellaneous Outstanding Shares217,290,000Free Float195,774,000Market Cap$39.71 billion OptionableOptionable Beta1.00 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.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:SAIAU-HaulNASDAQ:UHALKnight-Swift TransportationNYSE:KNXLandstar SystemNASDAQ:LSTRView All CompetitorsInsiders & InstitutionsDNB Asset Management ASSold 535 shares on 7/5/2024Ownership: 0.031%Thurston Springer Miller Herd & Titak Inc.Bought 2,012 shares on 7/5/2024Ownership: 0.001%First Hawaiian BankSold 10,958 shares on 7/2/2024Ownership: 0.002%Massmutual Trust Co. FSB ADVSold 77 shares on 7/2/2024Ownership: 0.001%Transcend Capital Advisors LLCBought 2,533 shares on 7/2/2024Ownership: 0.001%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 9.8% and is now trading at $182.77. 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) issued its quarterly earnings data on Wednesday, April, 24th. The transportation company reported $1.34 EPS for the quarter, topping analysts' consensus estimates of $1.33 by $0.01. The transportation company had revenue of $1.46 billion for the quarter, compared to analysts' expectations of $1.47 billion. Old Dominion Freight Line had a trailing twelve-month return on equity of 30.12% and a net margin of 21.19%. Read the conference call transcript. When did Old Dominion Freight Line's stock split? Old Dominion Freight Line shares split on the morning of Thursday, March 28th 2024. The 2-1 split was announced on Friday, February 16th 2024. The newly issued 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 initiated a share repurchase program on Wednesday, July 26th 2023, which allows the company to buy back $3,000,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 6.9% of its shares through open market purchases. Shares 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. Who are Old Dominion Freight Line's major shareholders? Old Dominion Freight Line's top institutional shareholders include DNB Asset Management AS (0.03%), First Hawaiian Bank, Massmutual Trust Co. FSB ADV and Transcend Capital Advisors LLC. 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). 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