Old Dominion Freight Line, Inc. (ODFL)

NASDAQ: ODFL · Real-Time Price · USD
189.55
-0.37 (-0.19%)
At close: Jan 17, 2025, 4:00 PM
189.95
+0.40 (0.21%)
After-hours: Jan 17, 2025, 7:59 PM EST
-0.19%
Market Cap 40.47B
Revenue (ttm) 5.92B
Net Income (ttm) 1.25B
Shares Out 213.50M
EPS (ttm) 5.72
PE Ratio 33.13
Forward PE 35.18
Dividend $1.04 (0.55%)
Ex-Dividend Date Dec 4, 2024
Volume 1,243,311
Open 191.26
Previous Close 189.92
Day's Range 186.46 - 191.26
52-Week Range 165.49 - 233.26
Beta 1.05
Analysts Hold
Price Target 203.06 (+7.13%)
Earnings Date Feb 5, 2025

About 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 ce... [Read more]

Industry Trucking
Sector Industrials
IPO Date Oct 24, 1991
Employees 22,902
Stock Exchange NASDAQ
Ticker Symbol ODFL
Full Company Profile

Financial Performance

In 2023, Old Dominion Freight Line's revenue was $5.87 billion, a decrease of -6.29% compared to the previous year's $6.26 billion. Earnings were $1.24 billion, a decrease of -10.00%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for ODFL stock is "Hold." The 12-month stock price forecast is $203.06, which is an increase of 7.13% from the latest price.

Price Target
$203.06
(7.13% upside)
Analyst Consensus: Hold
Stock Forecasts

News

BlueGrace Logistics Announces 2024 LTL Carrier Award Winners: Southeastern Freight Lines and Old Dominion Freight Line

Tampa, FL, Jan. 20, 2025 (GLOBE NEWSWIRE) -- BlueGrace Logistics (BlueGrace), a leading Third-Party Logistics (3PL) provider operating within North America, is excited to announce the recipients of it...

3 hours ago - GlobeNewsWire

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10 days ago - Seeking Alpha

Old Dominion Freight Line to Webcast Fourth Quarter and Year-End 2024 Conference Call

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its fourth quarter and year-end 2024 financial results before opening of tra...

12 days ago - Business Wire

Investing In 2025: Ignore Dividends At Your Own Peril

Investing In 2025: Ignore Dividends At Your Own Peril

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Don Broughton, Broughton Capital managing partner, joins 'The Exchange' to discuss his transports outlook in 2025.

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26 days ago - CNBC Television

Old Dominion Freight Line: A Dividend Grower That Should Benefit From Lower Interest Rates

Old Dominion Freight Line faces headwinds from high interest rates, but resilient financials and expected earnings growth in 2025 and beyond make it a strong long-term investment. Despite higher opera...

4 weeks ago - Seeking Alpha

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6 weeks ago - Seeking Alpha

Old Dominion Freight Line Provides Update for Fourth Quarter 2024

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for November 2024. Revenue per day decreased 8.2...

6 weeks ago - Business Wire

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The current market presents a complex mix of opportunities and risks, influenced by the Trump presidency, Fed policies, and elevated valuations. These factors require careful stock selection. I am foc...

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2 months ago - Seeking Alpha

Old Dominion Freight Line, Inc. Announces General Rate Increase

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced a general rate increase (GRI) of 4.9 percent applicable to rates established under the existing ODFL ...

2 months ago - Business Wire

Josh's breakout stocks: Old Dominion, T. Rowe Price and Amazon

Josh Brown, CEO at Ritholtz Wealth Management, joins CNBC's "Halftime Report" to discuss the stocks that he believes are breaking out.

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2 months ago - CNBC Television

My 3 Favorite Dividend Stocks For What's Next

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2 months ago - Seeking Alpha

Old Dominion Sets Freight Standard As Rivals Trail Behind

Old Dominion Freight Line Inc ODFL just reaffirmed its status as the gold standard in less-than-truckload (LTL) freight, according to JPMorgan analyst Brian Ossenbeck, who recently pored over insights...

2 months ago - Benzinga

The Trump Dip - Here's What I'm Buying To Improve My Dividend Portfolio

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2 months ago - Seeking Alpha

Old Dominion Freight Line Announces Partnership with Folds of Honor

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line (OD) is proud to announce its partnership with Folds of Honor, a non-profit organization dedicated to providing educational scholarships t...

2 months ago - Business Wire

4-Factor Dividend Growth Portfolio: FY3 Rebalance And 21.57% Long-Term CAGR

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2 months ago - Seeking Alpha

Old Dominion: A Classy Operator But Not Quite Cheap Enough

Old Dominion Freight Line is a cut above its competitors in LTL trucking, with 99% on-time delivery, 0.1% loss ratio and winning best national carrier 15 times in a row. This superiority is borne out ...

3 months ago - Seeking Alpha

Old Dominion Freight Line, Inc. (ODFL) Q3 2024 Earnings Call Transcript

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) Q3 2024 Earnings Conference Call October 23, 2024 10:00 AM ET Company Participants Jack Atkins - Director of Investor Relations Kevin Freeman - President...

3 months ago - Seeking Alpha

Old Dominion Freight Line Reports Third Quarter 2024 Earnings Per Diluted Share of $1.43

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and nine-month periods ended September 30, 2024. All prior-peri...

3 months ago - Business Wire

Old Dominion Freight Line Faces Sluggish Industrial Demand, Analyst Downgrades Stock

Old Dominion Freight Line, Inc. ODFL shares are trading slightly lower on Friday. BMO Capital Markets analyst Fadi Chamoun downgraded the company to Market Perform from Outperform and lowered the pric...

3 months ago - Benzinga

This Boston Scientific Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

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3 months ago - Benzinga

Old Dominion Freight Line Announces $0.26 Per Share Quarterly Cash Dividend

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.26 per share of common stock...

3 months ago - Business Wire