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

222.14

Mkt cap

48B

Volume

1.1M

High

226.40

P/E Ratio

39.46

52-wk high

231.36

Low

220.56

Div yield

0.01

52-wk low

165.49

Citigroup has initiated coverage on Old Dominion Freight Line with a Neutral rating and set a price target of $206.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 2:18 pm

Old Dominion Freight Line (NASDAQ:ODFL) has significantly outperformed the market over the past decade, with an annualized return of 24.38%. A $1000 investment in ODFL 10 years ago would now be worth $9,064.78. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 3:00 pm

Evercore ISI Group has maintained an 'In-Line' rating for Old Dominion Freight Line (NASDAQ:ODFL) but has lowered the price target from $199 to $188.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 2:33 pm

Old Dominion Freight Line (NASDAQ:ODFL) has significantly outperformed the market over the past decade, with an average annual return of 23.85%. A $100 investment in ODFL 10 years ago would now be worth $841.39, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 4:30 pm

The article discusses the potential market volatility following September's triple witching, where significant options contracts expire, potentially leading to unusual market activity. Historical data suggests a challenging week ahead for traders, with the S&P 500 often experiencing declines post-witching. The Volatility Index (VIX) is currently low, presenting a potential opportunity for options traders. Goldman Sachs recommends hedging with VIX calls. The article also lists top gainers and laggards in the S&P 500 after Friday's market open.

Portfolio Pulse from Piero Cingari

September 20, 2024 | 2:51 pm

Rail and transportation stocks are experiencing a rise in share prices due to overall market strength following the Federal Reserve's rate cut.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:51 pm

Susquehanna analyst Bascome Majors maintains a Positive rating on Old Dominion Freight Line and raises the price target from $210 to $225.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 12:01 pm

Benchmark analyst Chris Kuhn has reiterated a Hold rating on Old Dominion Freight Line (NASDAQ:ODFL).

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 1:37 pm

JP Morgan analyst Brian Ossenbeck maintains a Neutral rating on Old Dominion Freight Line (NASDAQ:ODFL) and lowers the price target from $193 to $189.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 6:12 pm

B of A Securities has maintained a Neutral rating on Old Dominion Freight Line (NASDAQ:ODFL) while lowering the price target from $210 to $206.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 5:05 pm

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