NASDAQ:ODFL Old Dominion Freight Line (ODFL) Stock Price, News & Analysis → Don’t buy Gold until you see this (From The TradingPub) (Ad) Free ODFL Stock Alerts $175.25 +2.21 (+1.28%) (As of 05/31/2024 08:51 PM ET) Add Compare Share Share Today's Range$171.99▼$175.4150-Day Range$171.30▼$427.9552-Week Range$149.00▼$227.80Volume2.66 million shsAverage Volume1.55 million shsMarket Capitalization$38.08 billionP/E Ratio30.85Dividend Yield0.59%Price Target$209.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Old Dominion Freight Line alerts: Email Address Old Dominion Freight Line MarketRank™ Stock AnalysisAnalyst RatingHold2.47 Rating ScoreUpside/Downside19.3% Upside$209.08 Price TargetShort InterestHealthy2.22% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.90Upright™ Environmental ScoreNews Sentiment1.09Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth18.44%From $6.02 to $7.13 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.4.36 out of 5 starsTransportation Sector19th out of 114 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 2.47, 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 10 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 4.0 Short Interest Percentage of Shares Shorted2.22% 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 3.1, 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 decreased by 4.92%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldOld Dominion Freight Line has a dividend yield of 0.59%, 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 14.59% 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 2.8 News and Social Media Coverage News SentimentOld Dominion Freight Line has a news sentiment score of 1.09. 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 higher news sentiment than the 0.65 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Old Dominion Freight Line this week, compared to 10 articles on an average week.Search Interest18 people have searched for ODFL on MarketBeat in the last 30 days. This is an increase of 38% compared to the previous 30 days.MarketBeat FollowsOnly 23 people have added Old Dominion Freight Line to their MarketBeat watchlist in the last 30 days. This is a decrease of -4% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Old Dominion Freight Line insiders have not sold or bought any 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 18.44% in the coming year, from $6.02 to $7.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Old Dominion Freight Line is 30.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Old Dominion Freight Line is 30.85, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 21.17.Price to Earnings Growth RatioOld Dominion Freight Line has a PEG Ratio of 2.22. 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 8.65. 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 StocksToTradeWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made millionaire Tim Bohen is giving you an inside look at the megatrend that’s going to change everything.Discover the #1 company leading this revolution 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 30, 2024 | investorplace.com3 Low-Priced Stocks Poised for a 30% BreakoutMay 28, 2024 | msn.comOld Dominion Preview, Best Players, Top Transfers, Season Prediction, Win Total 2024May 27, 2024 | finance.yahoo.comOld Dominion Freight Line, Inc.'s (NASDAQ:ODFL) Intrinsic Value Is Potentially 24% Below Its Share PriceMay 25, 2024 | americanbankingnews.comOld Dominion Freight Line, Inc. (NASDAQ:ODFL) Receives Consensus Rating of "Hold" from AnalystsMay 22, 2024 | msn.comSouth Alabama’s baseball season ends with 3-2 loss to Old Dominion in Sun Belt tournamentMay 20, 2024 | msn.comOld Dominion Freight Line declares $0.26 dividendMay 20, 2024 | businesswire.comOld Dominion Freight Line Announces $0.26 Per Share Quarterly Cash DividendMay 18, 2024 | msn.comOld Dominion's Matthew Ramsey Recalls Having Water Turned Off in Band's Early Days as They Win at 2024 ACM AwardsMay 18, 2024 | finance.yahoo.comOld Dominion Freight Line, Inc. (ODFL)May 13, 2024 | finance.yahoo.comWith 73% ownership, Old Dominion Freight Line, Inc. (NASDAQ:ODFL) boasts of strong institutional backingMay 12, 2024 | detroitnews.comReports: Michigan State adds 2nd Old Dominion transfer in defensive tackle Jalen SatchellMay 12, 2024 | msn.comMichigan State football lands Old Dominion transfer DL Jalen SatchellMay 12, 2024 | msn.comMichigan State adds defensive tackle transfer from Old DominionMay 10, 2024 | msn.comTop picks in Transportation and logistics - BairdMay 8, 2024 | msn.comBaird Upgrades Old Dominion Freight Line (ODFL)May 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 PressuresApril 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 PotentialSee 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 Earnings4/24/2024Today6/02/2024Ex-Dividend for 6/19 Dividend6/05/2024Dividend Payable6/19/2024Next 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+19.3%Consensus RatingHold Rating Score (0-4)2.47 Research Coverage19 Analysts Profitability EPS (Most Recent Fiscal Year)$5.68 Trailing P/E Ratio30.85 Forward P/E Ratio29.11 P/E Growth2.22Net 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 Ratio2.29 Sales & Book Value Annual Sales$5.87 billion Price / Sales6.49 Cash Flow$7.18 per share Price / Cash Flow24.42 Book Value$20.26 per share Price / Book8.65Miscellaneous Outstanding Shares217,290,000Free Float195,774,000Market Cap$38.08 billion OptionableOptionable Beta1.07 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.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:JBHTU-HaulNASDAQ:UHALSaiaNASDAQ:SAIAKnight-Swift TransportationNYSE:KNXLandstar SystemNASDAQ:LSTRView All CompetitorsInsiders & InstitutionsTeachers Retirement System of The State of KentuckyBought 6,944 shares on 5/28/2024Ownership: 0.007%PGGM InvestmentsBought 19,149 shares on 5/24/2024Ownership: 0.018%Cetera Investment AdvisersBought 26,064 shares on 5/24/2024Ownership: 0.014%Cetera Advisors LLCBought 8,311 shares on 5/24/2024Ownership: 0.004%Atria Investments IncBought 8,537 shares on 5/21/2024Ownership: 0.009%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? 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old Dominion Freight Line in the last year. There are currently 11 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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? 19 brokerages have issued 1 year price targets for Old Dominion Freight Line's stock. Their ODFL share price targets range from $175.00 to $257.50. On average, they anticipate the company's stock price to reach $209.08 in the next twelve months. This suggests a possible upside of 19.3% 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 2024. Since then, ODFL stock has decreased by 13.5% and is now trading at $175.25. 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) released its quarterly earnings data on Wednesday, April, 24th. The transportation company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.01. The transportation company earned $1.46 billion during the quarter, compared to analysts' expectations 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 announced a quarterly dividend on Monday, May 20th. Stockholders of record on Wednesday, June 5th will be given a dividend of $0.26 per share on Wednesday, June 19th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date is Wednesday, June 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 0.59%. 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 14.59% 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), Invesco Focused Discovery Growth ETF (IVDG), Direxion Daily Transportation Bull 3X Shares (TPOR), Pacer Industrials and Logistics ETF (SHPP), VictoryShares THB Mid Cap ESG ETF (MDCP), Sterling Capital Focus Equity ETF (LCG) and SPDR S&P Transportation ETF (XTN). When did Old Dominion Freight Line's stock split? Old Dominion Freight Line shares 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 market closes 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 of Directors has initiated a stock 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 reacquire up to 6.9% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its shares are 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.01%), Price T Rowe Associates Inc. MD (6.32%), Capital Research Global Investors (3.03%), Bank of New York Mellon Corp (2.73%), Capital World Investors (1.12%) and WCM Investment Management LLC (0.91%). 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 6/3/2024 by MarketBeat.com Staff From Our PartnersWrite this ticker symbol down…StocksToTradeTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProBiden replacement revealed?Paradigm PressExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersHe Is Giving Away BitcoinCrypto Swap ProfitsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaBiden Nomination CANCELED?The Freeport SocietyBuy this small stock before coming AI Tidal WaveChaikin Analytics 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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