Old Dominion Freight Line, Inc. (ODFL)
| Market Cap | 42.75B |
| Revenue (ttm) | 5.86B |
| Net Income (ttm) | 1.24B |
| Shares Out | 109.11M |
| EPS (ttm) | 11.24 |
| PE Ratio | 34.96 |
| Forward PE | 29.77 |
| Dividend | $1.60 (0.41%) |
| Ex-Dividend Date | Dec 5, 2023 |
| Volume | 78,228 |
| Open | 388.71 |
| Previous Close | 387.38 |
| Day's Range | 388.71 - 392.95 |
| 52-Week Range | 277.49 - 438.05 |
| Beta | 1.08 |
| Analysts | Buy |
| Price Target | 387.56 (-1.23%) |
| Earnings Date | Oct 25, 2023 |
About ODFL
Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2022, it owned and operated 11,274 tractors, 31,252 linehaul trailers, and 14,315 pickup and delivery trailers; 44 fleet maintenance centers; and 255 service centers. Old Do... [Read more]
Financial Performance
In 2022, ODFL's revenue was $6.26 billion, an increase of 19.10% compared to the previous year's $5.26 billion. Earnings were $1.38 billion, an increase of 33.14%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for ODFL stock is "Buy." The 12-month stock price forecast is $387.56, which is a decrease of -1.23% from the latest price.
News
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 ...
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.
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.
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...
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...
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...
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...
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.
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% ...
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...
3 Hot Nasdaq Stocks to Ride This Fall
Even with this month's pullback, it's been a strong 2023 for the Nasdaq-100. The widely followed index is up more than 30% year-to-date and back within striking distance of its November 2021 all-time ...
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...
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 ...
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...
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...
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...
Markets Love Old Dominion Freight Line Stock: How You Can Benefit
Three names stand out within the market's favorite industry: Old Dominion Freight Line NASDAQ: ODFL, Saia NASDAQ: SAIA and RXO NYSE: RXO are at the top of the "popular" list based on market sentiment ...
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...
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...
Analyst Upgrades Drive Old Dominion Freight Line 13.49% Higher
Shares of Old Dominion Freight Line inc. NASDAQ: ODFL just keep on truckin' higher.
Old Dominion's Gantt spells out how company came to dominate LTL industry
NEW YORK — Greg Gantt, the CEO of Old Dominion Freight Lines, has led countless earnings calls and presentations to buy-side analysts in his career. On Wednesday, he did his final one.
Old Dominion sees tonnage plummet again in May
Less-than-truckload carrier Old Dominion Freight Line said Monday that there was no seasonal demand uptick in May, reporting volume metrics that were a little worse than those reported in April when f...
Old Dominion Freight Line Provides Update for Second Quarter 2023
THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for May 2023. Revenue per day decreased 15.7% as...
Old Dominion Freight Line Announces New Executive Officer
THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that effective immediately, its Board of Directors has elected Christopher J. Kelley, who currently s...