ODFL stock icon

Old Dominion Freight Line
ODFL

$174.89
0.14%
 

About: Old Dominion Freight Line is the second-largest less-than-truckload carrier in the United States, with more than 250 service centers and 11,000-plus tractors. It is one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns are head and shoulders above its peers. Strategic initiatives revolve around boosting network density through market share gains and maintaining industry-leading service (including ultralow cargo claims) via steadfast infrastructure investment.

Employees: 22,902

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 20 analysts
0
News positive %
of 16 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

1,353% more repeat investments, than reductions

Existing positions increased: 712 | Existing positions reduced: 49

71.06% more ownership

Funds ownership: 72.2% [Q4 2023] → 143.26% (+71.06%) [Q1 2024]

57% more call options, than puts

Call options by funds: $209M | Put options by funds: $133M

7% more capital invested

Capital invested by funds: $31.9B [Q4 2023] → $34.3B (+$2.36B) [Q1 2024]

9% less first-time investments, than exits

New positions opened: 89 | Existing positions closed: 98

1% less funds holding

Funds holding: 868 [Q4 2023] → 859 (-9) [Q1 2024]

20% less funds holding in top 10

Funds holding in top 10: 10 [Q4 2023] → 8 (-2) [Q1 2024]

Research analyst outlook

20 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$175
0%
upside
Avg. target
$214
22%
upside
High target
$258
47%
upside

20 analyst ratings

positive
35%
12 neutral
60%
negative
5%
Susquehanna
Bascome Majors
20%upside
$210
Positive
Maintained
12 Jun 2024
Barclays
Brandon Oglenski
12%upside
$195
Equal-Weight
Maintained
12 Jun 2024
Wells Fargo
Christian Wetherbee
0%upside
$175
Underweight
Initiated
7 Jun 2024
B of A Securities
Ken Hoexter
10%upside
$192
Neutral
Maintained
6 Jun 2024
BMO Capital
Fadi Chamoun
20%upside
$210
Outperform
Initiated
5 Jun 2024

Financial journalist opinion

Based on 16 articles about ODFL published over the past 30 days