Old Dominion Freight Line, Inc. (ODFL)

NASDAQ: ODFL · IEX Real-Time Price · USD
220.32
+6.34 (2.97%)
Mar 28, 2024, 3:40 PM EDT - Market open
2.97%
Market Cap 46.58B
Revenue (ttm) 5.87B
Net Income (ttm) 1.24B
Shares Out 216.53M
EPS (ttm) 11.26
PE Ratio 19.41
Forward PE 16.68
Dividend $2.08 (0.94%)
Ex-Dividend Date Mar 5, 2024
Volume 670,728
Open 216.05
Previous Close 213.98
Day's Range 213.21 - 220.71
52-Week Range 147.90 - 226.17
Beta 1.03
Analysts Hold
Price Target 412.50 (+87.23%)
Earnings Date Apr 24, 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, ODFL'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 16 analysts, the average rating for ODFL stock is "Hold." The 12-month stock price forecast is $412.5, which is an increase of 87.23% from the latest price.

Price Target
$412.5
(87.23% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Old Dominion Freight Line to Webcast First Quarter 2024 Conference Call

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its first quarter 2024 financial results before opening of trading on Wednes...

1 day ago - Business Wire

Old Dominion Freight Line Provides Update for First Quarter 2024

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for February 2024. Revenue per day increased 1.2...

23 days ago - Business Wire

Old Dominion Freight Line Declares Two-for-One Stock Split

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has approved a two-for-one stock split of its common stock. The split wil...

5 weeks ago - Business Wire

Old Dominion Freight Line Reports Fourth Quarter 2023 Earnings Per Diluted Share of $2.94

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and twelve-month periods ended December 31, 2023.   Three Month...

2 months ago - Business Wire

Keep Your Eye On These 5 Dividend-Growth Masters

As inflation calms down, these dividend stocks are going to fire up. I'm talking about five stocks with payouts popping between 33% and 100% per year.

Other symbols: CEGMCHPPSAUNH
2 months ago - Forbes

Old Dominion Freight Line to Webcast Fourth Quarter and Year-End 2023 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 2023 financial results before opening of tra...

3 months ago - Business Wire

'Ten-bagger' stocks are the 'holy grail': Strategist

As Wall Street weighs whether markets can sustain November's rally, investors are spotting opportunities. eToro Global Markets Strategist Ben Laidler joined Yahoo Finance Live to analyze high-growth "...

4 months ago - Yahoo Finance

Old Dominion Freight Line Provides Update for Fourth Quarter 2023

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for November 2023. Revenue per day decreased 0.9...

4 months ago - Business Wire

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 ...

4 months ago - Business Wire

Old Dominion CEO Marty Freeman on Q3 earnings: The stock should bounce back

Marty Freeman, CEO at Old Dominions, joins 'Squawk on the Street' to discuss the company's latest quarter, why he believes the stock should bounce back, and more.

5 months ago - CNBC Television

Old Dominion CEO Marty Freeman: The stock should bounce back

Marty Freeman, CEO at Old Dominions, joins ‘Squawk on the Street' to discuss the company's latest quarter, why he believes the stock should bounce back, and more.

5 months ago - CNBC Television

Old Dominion Freight Line Reports Third Quarter 2023 Earnings Per Diluted Share of $3.09

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, 2023.   Three Months...

5 months ago - Business Wire

Old Dominion Freight Line Receives Prestigious Mastio Quality Award for the 14th Consecutive Year

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (OD), a leading national Less-Than-Truckload carrier, has been named the winner of the Mastio Quality Award for the 14th consecutive...

5 months ago - Business Wire

Old Dominion Freight Line Announces $0.40 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 $0.40 per share of common stock...

5 months ago - Business Wire

Old Dominion Freight Line to Webcast Third Quarter 2023 Conference Call

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its third quarter 2023 financial results before opening of trading on Wednes...

6 months ago - Business Wire

R1 Research Institution Old Dominion University Selects YuJa Panorama Digital Accessibility Platform to Serve More than 20,000 Students Campuswide

SAN JOSE, Calif.--(BUSINESS WIRE)--Old Dominion University selects YuJa Panorama to increase the accessibility of digital media and course content for its more than 20,000 students.

6 months ago - Business Wire

Old Dominion Freight Line Provides Update for Third Quarter 2023

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for August 2023. Revenue per day decreased 1.4% ...

7 months ago - Business Wire

5 Stocks to Sell Before Labor Day

These stocks look overpriced according to our price/fair value estimates Timestamps 00:00 Introduction 00:28 Hess HES 01:16 Oracle ORCL 01:44 Cadence Design Systems CDNS 02:28 Old Dominion Freight Lin...

Other symbols: CDNSHESLLYORCL
7 months ago - Morningstar

Yellow blames bankruptcy filing on ‘bullying' by Teamsters

Yellow, the Nashville, Tenn.-based trucking company announced late Sunday that it had filed for bankruptcy, and pulled no punches in putting the blame squarely on the Teamsters union, saying the union...

Other symbols: ARCBSAIAXPO
8 months ago - Market Watch

Old Dominion Freight Line Inc: A High-Performing Giant in the Transportation Industry

Old Dominion Freight Line Inc ( ODFL , Financial), a leading player in the transportation industry, has been making waves in the stock market. As of July 28, 2023, the company's stock price stands at ...

8 months ago - GuruFocus

Old Dominion Freight Line (ODFL): A Modestly Overvalued Stock Worth Your Attention

The stock of Old Dominion Freight Line Inc ( ODFL , Financial) recently reported a daily gain of 3.34%, with an Earnings Per Share (EPS) of 11.51. Given these numbers, the question arises: is the stoc...

8 months ago - GuruFocus

Old Dominion Freight Line revenue falls below forecasts as a reflection of a soft economy, while new $3 billion stock buyback program announced

Old Dominion Freight Line Inc. ODFL, +1.52% reported Wednesday second-quarter profit that topped expectations while revenue fell short, amid weakness in tons carried in its trucks per day and trucking...

8 months ago - Market Watch

Old Dominion Freight Line Reports Second Quarter 2023 Earnings Per Diluted Share of $2.65

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and six-month periods ended June 30, 2023.   Three Months Ended...

8 months ago - Business Wire

Old Dominion Freight Line Releases 2022 ESG Report

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today the release of its 2022 Environmental, Social and Governance (ESG) Report. The 2022 ESG Report conten...

9 months ago - Business Wire

Old Dominion Freight Line to Webcast Second Quarter 2023 Conference Call

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its second quarter 2023 financial results before opening of trading on Wedne...

9 months ago - Business Wire