NASDAQ:ODFL Old Dominion Freight Line (ODFL) Stock Price, News & Analysis → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free ODFL Stock Alerts $185.04 +1.88 (+1.03%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$183.41▼$186.6550-Day Range$180.18▼$427.9552-Week Range$147.90▼$227.80Volume1.11 million shsAverage Volume1.93 million shsMarket Capitalization$40.21 billionP/E Ratio32.58Dividend Yield0.56%Price Target$209.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Old Dominion Freight Line alerts: Email Address Old Dominion Freight Line MarketRank™ Stock AnalysisAnalyst RatingHold2.39 Rating ScoreUpside/Downside13.0% Upside$209.08 Price TargetShort InterestHealthy2.34% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.90Upright™ Environmental ScoreNews Sentiment0.36Based on 7 Articles This WeekInsider TradingSelling Shares$3.52 M Sold Last QuarterProj. Earnings Growth18.08%From $6.03 to $7.12 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.15 out of 5 starsTransportation Sector24th out of 119 stocksTrucking, Except Local Industry4th out of 13 stocks 3.2 Analyst's Opinion Consensus RatingOld Dominion Freight Line has received a consensus rating of Hold. The company's average rating score is 2.39, and is based on 7 buy ratings, 11 hold ratings, and no sell ratings.Amount of Analyst CoverageOld Dominion Freight Line has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Old Dominion Freight Line's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.34% of the outstanding shares of Old Dominion Freight Line have been sold short.Short Interest Ratio / Days to CoverOld Dominion Freight Line has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Old Dominion Freight Line has recently increased by 23.30%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldOld Dominion Freight Line has a dividend yield of 0.57%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthOld Dominion Freight Line has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Old Dominion Freight Line is 18.31%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Old Dominion Freight Line will have a dividend payout ratio of 14.61% next year. This indicates that Old Dominion Freight Line will be able to sustain or increase its dividend.Read more about Old Dominion Freight Line's dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreOld Dominion Freight Line has received a -102.98% net impact score from Upright. The largest negative impact of Old Dominion Freight Line in category "GHG emissions" seems to be driven mostly by its "Truck freight transport services", "Refrigerated truck freight transport services", and "Road freight brokerage services" products. See details.Environmental SustainabilityThe Environmental Impact score for Old Dominion Freight Line is -5.90. Previous Next 1.3 News and Social Media Coverage News SentimentOld Dominion Freight Line has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Old Dominion Freight Line this week, compared to 11 articles on an average week.Search InterestOnly 15 people have searched for ODFL on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat FollowsOnly 20 people have added Old Dominion Freight Line to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Old Dominion Freight Line insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,524,820.00 in company stock.Percentage Held by InsidersOnly 9.90% of the stock of Old Dominion Freight Line is held by insiders.Percentage Held by Institutions77.82% of the stock of Old Dominion Freight Line is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Old Dominion Freight Line's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Old Dominion Freight Line are expected to grow by 18.08% in the coming year, from $6.03 to $7.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Old Dominion Freight Line is 32.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.88.Price to Earnings Ratio vs. SectorThe P/E ratio of Old Dominion Freight Line is 32.58, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 19.87.Price to Earnings Growth RatioOld Dominion Freight Line has a PEG Ratio of 2.92. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioOld Dominion Freight Line has a P/B Ratio of 9.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Old Dominion Freight Line's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Priority GoldThe 2024 Gold Rush: Unleashing Market PotentialWelcome to the financial rollercoaster of 2024, where inflation is persistent, stock markets are overinflated and volatile, global conflicts are intensifying, and the national debt is reaching new heights.Get your free information kit NOW, before it's too late. About Old Dominion Freight Line Stock (NASDAQ: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 centers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.Read More ODFL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ODFL Stock News HeadlinesMay 10, 2024 | msn.comTop picks in Transportation and logistics - BairdMay 8, 2024 | msn.comBaird Upgrades Old Dominion Freight Line (ODFL)May 11, 2024 | Crypto 101 Media (Ad)The Crypto 9-5 Escape PlanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.May 1, 2024 | americanbankingnews.comOld Dominion Freight Line (NASDAQ:ODFL) Stock Rating Upgraded by Vertical ResearchMay 1, 2024 | markets.businessinsider.comAnalysts Conflicted on These Industrial Goods Names: Old Dominion Freight (ODFL) and Norfolk Southern (NSC)April 30, 2024 | msn.comVertical Research Upgrades Old Dominion Freight Line (ODFL)April 30, 2024 | seekingalpha.comOld Dominion Freight Line: The Dividend Growth Stock That Keeps On WinningApril 26, 2024 | markets.businessinsider.comOld Dominion Freight Hold Rating Justified Amidst Economic Headwinds and Market PressuresMay 11, 2024 | Crypto 101 Media (Ad)The Crypto 9-5 Escape PlanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.April 26, 2024 | finance.yahoo.comOld Dominion Freight Line First Quarter 2024 Earnings: In Line With ExpectationsApril 26, 2024 | seekingalpha.comOld Dominion Freight Line, Inc. (ODFL) Q1 2024 Earnings Call TranscriptApril 25, 2024 | benzinga.comOld Dominion's Q1 Earnings Meet Estimate, but LTL Stocks Fall AnywayApril 25, 2024 | fool.comOld Dominion Freight Line: A Q1 Earnings SnapshotApril 25, 2024 | finance.yahoo.comOld Dominion Freight Line, Inc. (NASDAQ:ODFL) Q1 2024 Earnings Call TranscriptApril 25, 2024 | markets.businessinsider.comOld Dominion Freight: Hold Rating with Cautious Outlook on Mixed Q1 Earnings and Future Growth PotentialApril 25, 2024 | finance.yahoo.comOld Dominion Freight Line Inc (ODFL) (Q1 2024) Earnings Call Transcript Highlights: Record EPS ...April 25, 2024 | finance.yahoo.comQ1 2024 Old Dominion Freight Line Inc Earnings CallApril 24, 2024 | fool.comWhy Old Dominion Freight Line Stock Crashed on WednesdayApril 24, 2024 | investorplace.comODFL Stock Earnings: Old Dominion Freight Line Meets EPS, Misses Revenue for Q1 2024April 24, 2024 | finance.yahoo.comCORRECTED-Old Dominion Freight Line posts lower-than-expected Q1 revenue on lesser shipmentsApril 24, 2024 | markets.businessinsider.comOld Dominion Freight Line, Inc. Q1 income increases in line with estimatesApril 24, 2024 | finance.yahoo.comOld Dominion Freight Line Reports First Quarter 2024 Earnings Per Diluted Share of $1.34April 24, 2024 | ca.finance.yahoo.comOld Dominion Freight Line posts lower-than-expected Q1 revenue on lesser shipmentsApril 24, 2024 | finance.yahoo.comTrucker ODFL Earnings Rise on Cost Cuts, Sales GrowthApril 23, 2024 | markets.businessinsider.comOld Dominion Freight Line earnings preview: what Wall Street is expectingApril 23, 2024 | investorplace.com3 High-Quality Stocks That Will Never Put You in the RedApril 20, 2024 | msn.comPirates host Old Dominion for 2024 home lacrosse finaleSee More Headlines Receive ODFL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Old Dominion Freight Line and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/20 Dividend3/05/2024Dividend Payable3/20/2024Last Earnings4/24/2024Today5/11/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Trucking, except local Sub-IndustryTrucking Current SymbolNASDAQ:ODFL CUSIP67958010 CIK878927 Webwww.odfl.com Phone(336) 889-5000Fax336-822-5239Employees22,902Year Founded1934Price Target and Rating Average Stock Price Target$209.08 High Stock Price Target$257.50 Low Stock Price Target$175.00 Potential Upside/Downside+13.0%Consensus RatingHold Rating Score (0-4)2.39 Research Coverage18 Analysts Profitability EPS (Most Recent Fiscal Year)$5.68 Trailing P/E Ratio32.58 Forward P/E Ratio30.69 P/E Growth2.92Net Income$1.24 billion Net Margins21.19% Pretax Margin28.15% Return on Equity30.12% Return on Assets23.26% Debt Debt-to-Equity Ratio0.01 Current Ratio2.29 Quick Ratio2.10 Sales & Book Value Annual Sales$5.87 billion Price / Sales6.85 Cash Flow$7.25 per share Price / Cash Flow25.52 Book Value$20.26 per share Price / Book9.13Miscellaneous Outstanding Shares217,290,000Free Float195,774,000Market Cap$40.21 billion OptionableOptionable Beta1.07 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. David S. Congdon (Age 67)Executive Chairman of the Board Comp: $5.51MMr. Kevin M. Freeman (Age 65)President & CEO Comp: $6.15MMr. Adam N. Satterfield (Age 49)Executive VP of Finance, CFO & Assistant Secretary Comp: $5.15MMr. Gregory B. Plemmons (Age 59)Executive VP & COO Comp: $3.84MMr. Earl E. Congdon (Age 93)Chairman Emeritus & Senior Advisor Comp: $3.8MMs. Kimberly S. Maready (Age 53)Principal Accounting Officer and VP of Accounting & Finance Mr. Ross H. Parr (Age 52)Senior VP of Legal Affairs, General Counsel & Secretary Sam FaucetteVice President of Safety & ComplianceMr. Steven W. Hartsell (Age 56)Senior Vice President of Sales Mr. Christopher Thomas Brooks (Age 53)Senior Vice President of Human Resources & Safety More ExecutivesKey CompetitorsJ.B. Hunt Transport ServicesNASDAQ:JBHTSaiaNASDAQ:SAIADelta Air LinesNYSE:DALRyanairNASDAQ:RYAAYWestinghouse Air Brake TechnologiesNYSE:WABView All CompetitorsInsiders & InstitutionsBahl & Gaynor Inc.Bought 7,974 shares on 5/11/2024Ownership: 0.009%Cynosure Group LLCBought 2,878 shares on 5/11/2024Ownership: 0.001%Jacobi Capital Management LLCBought 336 shares on 5/11/2024Ownership: 0.001%Catalytic Wealth RIA LLCBought 992 shares on 5/11/2024Ownership: 0.001%Covestor LtdBought 360 shares on 5/11/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions ODFL Stock Analysis - Frequently Asked Questions Should I buy or sell Old Dominion Freight Line stock right now? 18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Old Dominion Freight Line in the last year. There are currently 11 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ODFL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ODFL, but not buy additional shares or sell existing shares. View ODFL analyst ratings or view top-rated stocks. What is Old Dominion Freight Line's stock price target for 2024? 18 Wall Street research analysts have issued 12-month price targets for Old Dominion Freight Line's stock. Their ODFL share price targets range from $175.00 to $257.50. On average, they predict the company's share price to reach $209.08 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price. View analysts price targets for ODFL or view top-rated stocks among Wall Street analysts. How have ODFL shares performed in 2024? Old Dominion Freight Line's stock was trading at $202.6650 at the beginning of the year. Since then, ODFL stock has decreased by 8.7% and is now trading at $185.04. View the best growth stocks for 2024 here. When is Old Dominion Freight Line's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our ODFL earnings forecast. How were Old Dominion Freight Line's earnings last quarter? Old Dominion Freight Line, Inc. (NASDAQ:ODFL) announced its quarterly earnings results on Wednesday, April, 24th. The transportation company reported $1.34 EPS for the quarter, topping the consensus estimate of $1.33 by $0.01. The transportation company earned $1.46 billion during the quarter, compared to analyst estimates of $1.47 billion. Old Dominion Freight Line had a net margin of 21.19% and a trailing twelve-month return on equity of 30.12%. Read the conference call transcript. How often does Old Dominion Freight Line pay dividends? What is the dividend yield for Old Dominion Freight Line? Old Dominion Freight Line declared a quarterly dividend on Wednesday, January 31st. Shareholders of record on Wednesday, March 6th will be given a dividend of $0.26 per share on Wednesday, March 20th. This represents a $1.04 annualized dividend and a yield of 0.56%. The ex-dividend date of this dividend is Tuesday, March 5th. Read our dividend analysis for ODFL. Is Old Dominion Freight Line a good dividend stock? Old Dominion Freight Line (NASDAQ:ODFL) pays an annual dividend of $1.04 per share and currently has a dividend yield of 0.57%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ODFL will have a dividend payout ratio of 14.61% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ODFL. What ETFs hold Old Dominion Freight Line's stock? ETFs with the largest weight of Old Dominion Freight Line (NASDAQ:ODFL) stock in their portfolio include iShares U.S. Transportation ETF (IYT), ProShares Supply Chain Logistics ETF (SUPL), Direxion Daily Transportation Bull 3X Shares (TPOR), Mohr Growth ETF (MOHR), VictoryShares THB Mid Cap ESG ETF (MDCP), Invesco Focused Discovery Growth ETF (IVDG), Pacer Industrials and Logistics ETF (SHPP) and Sterling Capital Focus Equity ETF (LCG). When did Old Dominion Freight Line's stock split? Old Dominion Freight Line's stock split on Thursday, March 28th 2024. The 2-1 split was announced on Friday, February 16th 2024. The newly minted shares were issued to shareholders after the closing bell on Wednesday, March 27th 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. How will Old Dominion Freight Line's stock buyback program work? Old Dominion Freight Line declared that its board has authorized a share repurchase plan on Wednesday, July 26th 2023, which allows the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 6.9% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's management believes its stock is undervalued. What is David S. Congdon's approval rating as Old Dominion Freight Line's CEO? 310 employees have rated Old Dominion Freight Line Chief Executive Officer David S. Congdon on Glassdoor.com. David S. Congdon has an approval rating of 83% among the company's employees. What other stocks do shareholders of Old Dominion Freight Line own? Based on aggregate information from My MarketBeat watchlists, some companies that other Old Dominion Freight Line investors own include NVIDIA (NVDA), Walt Disney (DIS), Netflix (NFLX), Home Depot (HD), PayPal (PYPL), Mastercard (MA), Intel (INTC), Johnson & Johnson (JNJ), Visa (V) and ServiceNow (NOW). Who are Old Dominion Freight Line's major shareholders? Old Dominion Freight Line's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.01%), Bank of New York Mellon Corp (2.73%), WCM Investment Management LLC (0.91%), TD Asset Management Inc (0.32%), Swiss National Bank (0.27%) and Canal Capital Management LLC (0.26%). Insiders that own company stock include Bradley R Gabosch, David J Bates, David S Congdon, John D Kasarda, Leo H Suggs, Steven W Hartsell and Thomas A Stith III. View institutional ownership trends. How do I buy shares of Old Dominion Freight Line? Shares of ODFL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:ODFL) was last updated on 5/11/2024 by MarketBeat.com Staff From Our PartnersHe Is Giving Away BitcoinCrypto Swap ProfitsThe Crypto 9-5 Escape PlanCrypto 101 MediaThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldThe A.I. story nobody is telling you (Read ASAP)TradeSmithGold Set to EXPLODE!Gold Safe ExchangeCollapse of the Petrodollar Colonial Metals[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsRSVP: Charles Payne’s Cash Flow WorkshopUnstoppable Prosperity Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Old Dominion Freight Line, Inc. 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