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

B of A Securities analyst Ken Hoexter maintains a Neutral rating on Old Dominion Freight Line (NASDAQ:ODFL) and raises the price target from $192 to $203.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 4:57 pm

Tesla, Alphabet, GM, and Ford are among the key companies reporting earnings this week, which could influence the market's direction. Tesla is expected to report a significant decline in EPS due to price cuts, while Alphabet's earnings will be closely watched as it is the first AI-levered mega-cap to report. The market has seen a pullback, with major indices like QQQ and SPY retreating from record highs.

Portfolio Pulse from Shanthi Rexaline

July 21, 2024 | 9:18 pm

Evercore ISI Group has downgraded Old Dominion Freight Line (NASDAQ: ODFL) from Outperform to In-Line and lowered the price target from $225 to $196.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 10:41 am

Raymond James analyst Patrick Tyler Brown maintains an Outperform rating on Old Dominion Freight Line (NASDAQ:ODFL) but lowers the price target from $215 to $190.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 2:19 pm

Susquehanna analyst Bascome Majors maintains a Positive rating on Old Dominion Freight Line (NASDAQ:ODFL) but lowers the price target from $245 to $210.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 12:17 pm

Barclays analyst Brandon Oglenski maintains an Equal-Weight rating on Old Dominion Freight Line (NASDAQ:ODFL) but lowers the price target from $205 to $195.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:07 am

Old Dominion Freight Line (NASDAQ:ODFL) has significantly outperformed the market over the past 5 years, delivering an average annual return of 30.01%. A $1000 investment in ODFL 5 years ago would be worth $3,631.09 today.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 4:00 pm

Wells Fargo has initiated coverage on Old Dominion Freight Line (NASDAQ:ODFL) with an Underweight rating and set a price target of $175.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 2:26 pm

Old Dominion Freight Line shares are trading lower after the company reported certain operating metrics for May, 2024. Additionally, B of A Securities maintained a Neutral rating on the stock and lowered its price target from $205 to $192.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 2:11 pm

B of A Securities analyst Ken Hoexter maintains a Neutral rating on Old Dominion Freight Line (NASDAQ:ODFL) and lowers the price target from $205 to $192.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:50 pm

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