Streetbeat News

ODFL

Old Dominion Freight Line, Inc.

https://www.odfl.com

Industry

Trucking

Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2021, it owned and operated 10,403 tractors, 27,917 linehaul trailers, and 13,303 pickup and delivery trailers; 3 fleet maintenance centers; and 251 service centers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.

Open

202.29

Mkt cap

43B

Volume

844K

High

203.48

P/E Ratio

35.02

52-wk high

233.26

Low

200.59

Div yield

0.01

52-wk low

165.49

Old Dominion Freight Line (ODFL) is facing challenges due to economic uncertainty, weak demand, and rising costs, making it a less attractive investment at the moment.

Portfolio Pulse from

November 25, 2024 | 7:00 pm

Old Dominion Freight Line (NASDAQ:ODFL) has significantly outperformed the market over the past 15 years, with an average annual return of 30.76%. A $1000 investment in ODFL 15 years ago would now be worth $53,079.78. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 8:30 pm

TD Cowen analyst Jason Seidl maintains a Hold rating on Old Dominion Freight Line (NASDAQ:ODFL) and lowers the price target from $203 to $196.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 4:27 pm

Stifel analyst J. Bruce Chan has maintained a Hold rating on Old Dominion Freight Line (NASDAQ:ODFL) and lowered the price target from $197 to $178.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 4:11 pm

Susquehanna analyst Bascome Majors maintains a Positive rating on Old Dominion Freight Line (NASDAQ:ODFL) but lowers the price target from $225 to $218.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 3:39 pm

Wells Fargo analyst Christian Wetherbee has maintained an Underweight rating on Old Dominion Freight Line (NASDAQ:ODFL) and lowered the price target from $170 to $160.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 2:31 pm

BMO Capital has maintained a Market Perform rating on Old Dominion Freight Line (NASDAQ:ODFL) but has lowered the price target from $210 to $205.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 1:26 pm

Barclays analyst Brandon Oglenski maintains an Equal-Weight rating on Old Dominion Freight Line (NASDAQ:ODFL) but lowers the price target from $195 to $190.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 12:49 pm

Baird analyst Garrett Holland maintains an Outperform rating on Old Dominion Freight Line (NASDAQ:ODFL) but lowers the price target from $204 to $200.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 11:44 am

Wall Street experienced its third consecutive day of losses as investor sentiment weakened. The U.S. dollar strengthened, impacting equities and commodities. Boeing reported disappointing earnings, while other companies like Texas Instruments and Baker Hughes saw gains. Real estate stocks showed resilience despite weak housing data.

Portfolio Pulse from Piero Cingari

October 23, 2024 | 6:07 pm

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