Old Dominion Freight Line
ODFL
Market cap $41.7B

194.59 USD

+0.15

0.08%

At close Oct 10, 4:00 PM EDT

After hours

194.59

+0.00

0.00%

1 day

0.08%

5 days

-0.10%

1 month

1.79%

3 months

6.85%

6 months

-9.51%

Year to date

-2.15%

1 year

-8.45%

5 years

250.17%

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

Industrials Trucking, Except Local

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 14 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

36% more call options, than puts

Call options by funds: $163M | Put options by funds: $120M

29% more repeat investments, than reductions

Existing positions increased: 381 | Existing positions reduced: 295

0% more funds holding in top 10

Funds holding in top 10: 8 [Q1] → 8 (+0) [Q2]

1% less funds holding

Funds holding: 871 [Q1] → 859 (-12) [Q2]

11% less first-time investments, than exits

New positions opened: 97 | Existing positions closed: 109

16% less capital invested

Capital invested by funds: $34.7B [Q1] → $29.1B (-$5.61B) [Q2]

69.3% less ownership

Funds ownership: 145.07% [Q1] → 75.77% (-69.3%) [Q2]

See Fund Rankings

Research analyst outlook

14 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$170

13%

downside

Avg. target

$205

5%

upside

High target

$225

16%

upside

14 analyst ratings

5 positive

36%

8 neutral

57%

1 negative

7%

Goldman Sachs Jordan Alliger 31% 1-year accuracy 4 / 13 met price target	11%upside $216	Neutral Maintained	9 Oct 2024
Citigroup Ariel Rosa 18% 1-year accuracy 2 / 11 met price target	6%upside $206	Neutral Initiated	9 Oct 2024
Evercore ISI Group Jonathan Chappell 43% 1-year accuracy 10 / 23 met price target	3%downside $188	In-Line Maintained	3 Oct 2024
Susquehanna Bascome Majors 45% 1-year accuracy 17 / 38 met price target	16%upside $225	Positive Maintained	18 Sept 2024
JP Morgan Brian Ossenbeck 45% 1-year accuracy 17 / 38 met price target	3%downside $189	Neutral Maintained	6 Sept 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about ODFL published over the past 30 days

My Top 15 High Growth Dividend Stocks For October 2024

The SPDR S&P 500 ETF Trust posted a gain of 2.10% in September as it continues marching on in 2024. The Top 15 dividend growth stocks for October 2024 offer an average dividend yield of 1.05% and appear to be about 20% undervalued based on dividend yield theory.

My Top 15 High Growth Dividend Stocks For October 2024

Zacks Investment Research

Here's Why Investors Should Give ODFL Stock a Miss Now

Freight market downturn hurts Old Dominion's top line. Elevated operating expenses do not bode well for the company.

Here's Why Investors Should Give ODFL Stock a Miss Now

Old Dominion Freight Line to Webcast Third Quarter 2024 Conference Call

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its third quarter 2024 financial results before opening of trading on Wednesday, October 23, 2024. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, October 23, 2024. An online, real-time webcast of Old Dominion's quarterly conference call will be available at ir.odfl.com on Wednesday, Octob.

Old Dominion Freight Line to Webcast Third Quarter 2024 Conference Call

Zacks Investment Research

Old Dominion Stock Down 8% in Six Months: What's Next for Investors?

As ODFL grapples with multiple challenges, we assess the investment worthiness of the stock at current levels.

Old Dominion Stock Down 8% in Six Months: What's Next for Investors?

Big Bets: The 5 New Dividend Stocks I Bet The House On This Year

This year, I made bold investment moves by pouring almost all my funds into five promising dividend stocks. It was a high-risk, high-reward strategy. I chose these stocks based on their strong financials, attractive dividend yields, and growth potential. The aim was to maximize returns over time. Though these bets come with risk, I believe in the long-term value of these picks. I'll closely monitor their performance to adjust as needed.

Big Bets: The 5 New Dividend Stocks I Bet The House On This Year

Zacks Investment Research

Old Dominion Posts Weak LTL Unit Performance for August

ODFL's revenue per day fell 5.2% year over year in August 2024, owing to a 6.1% decrease in LTL tons per day.

Old Dominion Posts Weak LTL Unit Performance for August

Bull Market Millionaires: 3 Dividend Stocks To Build A Fortune

Investors with stock market exposure are thriving, widening the wealth gap as market valuations soar. Meanwhile, many struggle with inflation and rates. Despite high valuations and elevated sentiment, I'm focused on dividend stocks that offer strong growth potential and financial resilience. By targeting quality companies with robust business models, I'm strategically building my portfolio to reach long-term financial goals amidst market risks.

Bull Market Millionaires: 3 Dividend Stocks To Build A Fortune

Old Dominion Freight Line Provides Update for Third Quarter 2024

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for August 2024. Revenue per day decreased 5.2% as compared to August 2023 due to a 6.1% decrease in LTL tons per day that was partially offset by an increase in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 5.0% decrease in LTL shipments per day and a 1.1% decrease in LTL weight per shipment. For the quarte.

Old Dominion Freight Line Provides Update for Third Quarter 2024

Old Dominion University Unveils the Ellmer College of Health Sciences' New Home

The three-story, state-of-the-art facility serves as a gateway for experiential learning, research and two public-facing clinics. The three-story, state-of-the-art facility serves as a gateway for experiential learning, research and two public-facing clinics.

Old Dominion University Unveils the Ellmer College of Health Sciences' New Home

4 Factor Dividend Growth Strategy: A Speed Bump On The Home Stretch

The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF with a few minor twists. The portfolio fell by 0.27% in August, underperforming the S&P 500 by 2.69%. Since its inception, the portfolio has generated a CAGR of 24.79%, and is outperforming SCHD by 13.10%.

4 Factor Dividend Growth Strategy: A Speed Bump On The Home Stretch

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