Here's How Much You Would Have Made Owning Old Dominion Freight Line Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Old Dominion Freight Line (NASDAQ:ODFL) has produced an average annual return of 25.61%, outperforming the market by 18.1% annually. A $1000 investment in ODFL 20 years ago would be worth $98,703.41 today. The company's current market capitalization is $44.17 billion.
November 15, 2023 | 9:00 pm
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Old Dominion Freight Line has significantly outperformed the market with an average annual return of 25.61% over the past 20 years, turning a $1000 investment into $98,703.41.
The historical performance of ODFL is impressive and highlights the company's strong growth over two decades. This track record may continue to attract long-term investors and could positively influence the stock's short-term sentiment as well.
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