Old Dominion Freight Line, Inc. (ODFL)

NASDAQ: ODFL · IEX Real-Time Price · USD
303.22
-6.85 (-2.21%)
At close: Aug 17, 2022 4:00 PM
302.67
-0.55 (-0.18%)
After-hours: Aug 17, 2022 5:55 PM EDT
-2.21%
Market Cap 34.13B
Revenue (ttm) 5.98B
Net Income (ttm) 1.24B
Shares Out 112.57M
EPS (ttm) 10.78
PE Ratio 28.13
Forward PE 26.32
Dividend $1.00 (0.33%)
Ex-Dividend Date Sep 6, 2022
Volume 927,952
Open 304.65
Previous Close 310.07
Day's Range 296.40 - 305.85
52-Week Range 231.31 - 373.58
Beta 1.04
Analysts Buy
Price Target 295.06 (-2.7%)
Earnings Date Jul 27, 2022

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, 2021, it owned and operated 10,403 tractors, 27,917 linehaul trailers, and 13,303 pickup and delivery trailers; 3 fleet maintenance centers; and 251 service centers. Old Dom... [Read more...]

Industry Road & Rail
IPO Date Oct 24, 1991
CEO Greg Gantt
Employees 24,586
Stock Exchange NASDAQ
Ticker Symbol ODFL
Full Company Profile

Financial Performance

In 2021, ODFL's revenue was $5.26 billion, an increase of 30.91% compared to the previous year's $4.02 billion. Earnings were $1.03 billion, an increase of 53.77%.

Financial Statements

Analyst Forecast

According to 28 analysts, the average rating for ODFL stock is "Buy." The 12-month stock price forecast is 295.06, which is a decrease of -2.69% from the latest price.

Price Target
$295.06
(-2.69% downside)
Analyst Consensus: Buy
Stock Forecasts

News

This Trucking Company Is Currently A Better Pick Over CSX Stock

There is more to the comparison, and in the sections below, we discuss why we believe ODFL stock will offer better returns than CSX stock in the next three years.

Other symbols: CSX

JBHT vs. ODFL: Which Stock Should Value Investors Buy Now?

JBHT vs. ODFL: Which Stock Is the Better Value Option?

Other symbols: JBHT

10 Dividend Growth Stocks Delivering Impressive Increases

There are two ways to think about dividend growth stocks. You can view them as companies consistently increasing their annual dividend payment, such as the Dividend Aristocrats, which are individual S&P...

Old Dominion posts industry record sub-70% OR in Q2

Old Dominion Freight Line reported record results for the 2022 second quarter on Wednesday. The less-than-truckload carrier achieved a watershed moment for the industry, posting a 69.5% operating ratio ...

Old Dominion (ODFL) Q2 Earnings & Revenues Top, Grow Y/Y

Old Dominion Freight (ODFL) second-quarter 2022 revenues benefit from increase in LTL (Less-Than-Truckload) tons per day and rise in LTL revenue per hundredweight.

Old Dominion Freight Line (ODFL) Beats Q2 Earnings and Revenue Estimates

Old Dominion (ODFL) delivered earnings and revenue surprises of 6.45% and 1.70%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Old Dominion Freight Line Reports Second Quarter 2022 Earnings Per Diluted Share Of $3.30

THOMASVILLE, N.C.--(BUSINESS WIRE)---- $ODFL--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and six-month periods ended June 30, 2022.     Three Mo...

4 Top Trucking Stocks to Benefit From Strong Freight Demand

The Zacks Transportation Truck industry is gaining from favorable freight environment. This bodes well for stocks like ODFL, JBHT, ARCB and USAK.

Other symbols: ARCBJBHTUSAK

ARCB or ODFL: Which Is the Better Value Stock Right Now?

ARCB vs. ODFL: Which Stock Is the Better Value Option?

Other symbols: ARCB

Is a Beat in Store for Old Dominion (ODFL) in Q2 Earnings?

Operating ratio is likely to have improved in Q2 at Old Dominion (ODFL).

Old Dominion Freight Line Announces $0.30 Per Share Quarterly Cash Dividend

THOMASVILLE, N.C.--(BUSINESS WIRE)---- $ODFL--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share of comm...

Old Dominion Freight Line (ODFL) Earnings Expected to Grow: Should You Buy?

Old Dominion (ODFL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Why Old Dominion (ODFL) Could Beat Earnings Estimates Again

Old Dominion (ODFL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

ARCB vs. ODFL: Which Stock Is the Better Value Option?

ARCB vs. ODFL: Which Stock Is the Better Value Option?

Other symbols: ARCB

Old Dominion testing simplified LTL pricing program

Old Dominion Freight Line Inc. has begun a trial program in which it offers one all-in rate to LTL shippers before their freight is picked up, a step the carrier said represents a major advancement in t...

Old Dominion Freight Line to Webcast Second Quarter 2022 Conference Call

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its second quarter 2022 financial results before opening of trading on Wednesd...

11 Big Stocks Boost Dividend Yields By 100% Or More

If you like S&P 500 dividends, now's your time. Stocks' dividend yields are soaring this year.

Solid LTL Segment Aids Old Dominion (ODFL), High Costs Ail

Strong performance of the LTL segment and an improved operating ratio boosts Old Dominion (ODFL). However, increased operating expenses are a concern.

These Dividend Stocks Can Double Your Money in Under 5 Years

These exceptional stocks represent the convergence of rising revenues, growing dividends, and unique operating niches.

Other symbols: TPL

Old Dominion (ODFL) Posts Solid May LTL Unit Performance

Old Dominion's (ODFL) revenue per day climbs 26% year over year in May 2022 on a 2.3% increase in LTL tons per day and a rise in LTL revenue per hundredweight.

Old Dominion update points to strong Q2

Old Dominion Freight Line announced Monday that revenue increased 26% year-over-year on a per-day basis in May. The carrier previously disclosed a 29.1% increase for the month of April.

Old Dominion Freight Line Provides Update for Second Quarter 2022

THOMASVILLE, N.C.--(BUSINESS WIRE)---- $ODFL--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for May 2022. Revenue per day increased ...

Why Is Old Dominion (ODFL) Down 10.7% Since Last Earnings Report?

Old Dominion (ODFL) reported earnings 30 days ago. What's next for the stock?

Here's Why Old Dominion Freight Line (ODFL) is a Strong Growth Stock

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Old Dominion's (ODFL) Q1 Earnings Beat Estimates, Rise Y/Y

The year-over-year rise in Old Dominion's (ODFL) revenues during Q1 owing to increased LTL tons per day and LTL revenue per hundredweight bodes well.