Old Dominion Freight Line, Inc. (ODFL)
| Market Cap | 38.72B |
| Revenue (ttm) | 5.92B |
| Net Income (ttm) | 1.25B |
| Shares Out | 213.50M |
| EPS (ttm) | 5.72 |
| PE Ratio | 31.70 |
| Forward PE | 33.18 |
| Dividend | $1.04 (0.57%) |
| Ex-Dividend Date | Dec 4, 2024 |
| Volume | 4,727,333 |
| Open | 186.84 |
| Previous Close | 187.74 |
| Day's Range | 176.03 - 186.84 |
| 52-Week Range | 165.49 - 233.26 |
| Beta | 1.01 |
| Analysts | Hold |
| Price Target | 204.63 (+12.83%) |
| Earnings Date | Jan 29, 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]
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 StatementsAnalyst Forecast
According to 19 analysts, the average rating for ODFL stock is "Hold." The 12-month stock price forecast is $204.63, which is an increase of 12.83% from the latest price.
News
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...
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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...
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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 ...
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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...
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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...
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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 ...
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...
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...
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...
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.
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...
Old Dominion Freight Line Named #1 National LTL Carrier for Quality by Mastio & Company for 15th Consecutive Year
THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (OD), a leading less-than-truckload (LTL) motor carrier, has been named the #1 National LTL Carrier for Quality by Mastio & Company ...
My Top 15 High Growth Dividend Stocks For October 2024
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Old Dominion Freight Line to Webcast Third Quarter 2024 Conference Call
THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its third quarter 2024 financial results before opening of trading on Wednes...
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Old Dominion Freight Line Provides Update for Third Quarter 2024
THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for August 2024. Revenue per day decreased 5.2% ...
Old Dominion University Unveils the Ellmer College of Health Sciences' New Home
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