Old Dominion Freight Line, Inc. (ODFL)

NASDAQ: ODFL · Real-Time Price · USD
214.33
+2.53 (1.19%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.19%
Market Cap 45.76B
Revenue (ttm) 5.92B
Net Income (ttm) 1.25B
Shares Out 213.50M
EPS (ttm) 5.72
PE Ratio 37.47
Forward PE 38.97
Dividend $1.04 (0.49%)
Ex-Dividend Date Dec 4, 2024
Volume 668,026
Open 210.95
Previous Close 211.80
Day's Range 210.38 - 214.64
52-Week Range 165.49 - 233.26
Beta 0.99
Analysts Hold
Price Target 200.35 (-6.52%)
Earnings Date Oct 23, 2024

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 $200.35, which is a decrease of -6.52% from the latest price.

Price Target
$200.35
(-6.52% downside)
Analyst Consensus: Hold
Stock Forecasts

News

High-Conviction Investing - 4 Of The Best Dividend Stocks Money Can Buy

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 days 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 days 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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6 days ago - CNBC Television

My 3 Favorite Dividend Stocks For What's Next

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9 days 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...

12 days ago - Benzinga

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

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12 days 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...

12 days ago - Business Wire

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

The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF with a few minor twists. The portfolio finished FY2 on October 31, 20...

16 days 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 ...

27 days 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...

4 weeks 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...

4 weeks 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...

4 weeks 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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4 weeks 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...

4 weeks ago - Business Wire

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 ...

5 weeks ago - Business Wire

My Top 15 High Growth Dividend Stocks For October 2024

The SPDR S&P 500 ETF Trust posted a gain of 2.10% in September as it continues marching on in 2024. The Top 15 dividend growth stocks for October 2024 offer an average dividend yield of 1.05% and appe...

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6 weeks ago - Seeking Alpha

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...

2 months ago - Business Wire

Big Bets: The 5 New Dividend Stocks I Bet The House On This Year

This year, I made bold investment moves by pouring almost all my funds into five promising dividend stocks. It was a high-risk, high-reward strategy. I chose these stocks based on their strong financi...

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Investors with stock market exposure are thriving, widening the wealth gap as market valuations soar. Meanwhile, many struggle with inflation and rates. Despite high valuations and elevated sentiment,...

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2 months ago - Seeking Alpha

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% ...

2 months ago - Business Wire

Old Dominion University Unveils the Ellmer College of Health Sciences' New Home

The three-story, state-of-the-art facility serves as a gateway for experiential learning, research and two public-facing clinics. The three-story, state-of-the-art facility serves as a gateway for exp...

2 months ago - GlobeNewsWire

4 Factor Dividend Growth Strategy: A Speed Bump On The Home Stretch

The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF with a few minor twists. The portfolio fell by 0.27% in August, under...

2 months ago - Seeking Alpha

My Top 15 High Growth Dividend Stocks For September 2024

The SPDR S&P 500 ETF Trust posted a 2.34% gain in August, underperforming Vanguard's Dividend Appreciation Index Fund ETF Shares by +3.32%. The top 15 dividend growth stocks for September 2024 offer a...

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2 months ago - Seeking Alpha

My Top 15 High-Growth Dividend Stocks For August 2024

The SPDR S&P 500 ETF Trust posted a 1.21% gain in July, underperforming Vanguard's Dividend Appreciation Index Fund ETF Shares by +3.97%. The top 15 dividend growth stocks for August 2024 offer an ave...

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3 months ago - Seeking Alpha

Old Dominion: The Dividend Growth Stock That Keeps On Giving

Old Dominion Freight Lines (ODFL) is a top dividend growth stock, excelling in the less-than-truckload ("LTL") segment with remarkable efficiency and service. In 2Q24, ODFL showcased strong pricing po...

4 months ago - Seeking Alpha