Old Dominion Freight LineODFL
ODFL
About: Old Dominion Freight Line is the second-largest less-than-truckload carrier in the United States (following FedEx Freight), 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: 21,895
0
Funds holding %
of 7,363 funds
0
Analysts bullish %
of 11 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
111% more first-time investments, than exits
New positions opened: 139 | Existing positions closed: 66
84% more call options, than puts
Call options by funds: $171M | Put options by funds: $93M
6% more funds holding
Funds holding: 865 [Q3] → 919 (+54) [Q4]
0.15% more ownership
Funds ownership: 76.86% [Q3] → 77.02% (+0.15%) [Q4]
7% less repeat investments, than reductions
Existing positions increased: 326 | Existing positions reduced: 352
11% less capital invested
Capital invested by funds: $32.6B [Q3] → $29B (-$3.56B) [Q4]
11% less funds holding in top 10
Funds holding in top 10: 9 [Q3] → 8 (-1) [Q4]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$170
3%
upside
Avg. target
$200
21%
upside
High target
$240
45%
upside
11 analyst ratings
2 positive
18%
8 neutral
73%
1 negative
9%
Barclays Brandon Oglenski 42% 1-year accuracy 28 / 66 met price target | 18%upside $195 | Equal-Weight Maintained | 10 Mar 2025 |
Citigroup Ariel Rosa 15% 1-year accuracy 5 / 33 met price target | 12%upside $186 | Neutral Maintained | 4 Mar 2025 |
Stifel J. Bruce Chan 6% 1-year accuracy 2 / 34 met price target | 21%upside $200 | Buy Upgraded | 24 Feb 2025 |
Evercore ISI Group Jonathan Chappell 19% 1-year accuracy 5 / 26 met price target | 22%upside $202 | In-Line Maintained | 6 Feb 2025 |
Morgan Stanley Ravi Shanker 38% 1-year accuracy 10 / 26 met price target | 3%upside $170 | Equal-Weight Maintained | 6 Feb 2025 |
Financial journalist opinion
Based on 12 articles about ODFL published over the past 30 days
Positive
The Motley Fool
19 hours ago
Old Dominion Freight Line: A Strong Player in a Competitive Trucking Market
Explore the exciting world of Old Dominion Freight Line (ODFL -6.15%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
Negative
Zacks Investment Research
1 week ago
Old Dominion Posts Weak LTL Unit Performance for February
ODFL's revenue per day fell 5% year over year in February 2025, owing to a 7.1% decrease in LTL tons per day, which was partially offset by an increase in LTL revenue per hundredweight.
Neutral
Business Wire
1 week ago
Old Dominion Freight Line Provides Update for First Quarter 2025
THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for February 2025. Revenue per day decreased 5.0% as compared to February 2024 due to a 7.1% decrease in LTL tons per day that was partially offset by an increase in LTL revenue per hundredweight. The decrease in LTL tons per day was attributable to a 5.9% decrease in LTL shipments per day and a 1.3% decrease in LTL weight per shipment. For the.
Positive
Seeking Alpha
1 week ago
My Top 15 High-Growth Dividend Stocks For March 2025
The SPDR S&P 500 ETF Trust stumbled in February but managed to maintain a positive return in 2025. The Top 15 dividend growth stocks for March 2025 offer an average dividend yield of 1.13% and appear to be about 25% undervalued based on dividend yield theory. Since its inception in September 2020, the watch list has achieved a 10.63% compound annual growth rate.
Positive
Seeking Alpha
1 week ago
Old Dominion Freight Line: Just Getting Started
Warren Buffett highlighted Enterprise Rent-A-Car's success through exceptional customer service, I suggest a similar moat for Old Dominion Freight Lines in the LTL trucking industry. ODFL's superior service quality, evidenced by a 99% on-time performance and low claim ratio, has driven significant market share gains and industry recognition. ODFL's strategic investments in service centers, fleet, and employee training have created a robust, profitable network, enabling sustained growth and high returns.
Positive
Seeking Alpha
1 week ago
31 Upcoming Dividend Increases, Including 3 Kings
This week sees 31 dividend increases, including three Dividend Kings: Genuine Parts, Commerce Bancshares, and Kimberly-Clark, showcasing impressive financial stability and growth. My investment strategy prioritizes companies with consistently rising dividends and outperforming benchmarks, aiming for long-term wealth accumulation and portfolio prosperity. I use data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify companies with at least five years of dividend growth.
Positive
Seeking Alpha
2 weeks ago
Stock Picker's Paradise - 3 Dividend Gems Built To Shine
The market is shifting to a stock-picker's paradise, with high dispersion and low correlation creating opportunities for single-stock outperformance. Goldman Sachs supports this view, highlighting how fundamentals, not macro trends, now drive returns, making selective stock picking essential. I've identified three stocks with strong business models, growth potential, and attractive dividends poised to beat the market in this micro-driven era.
Negative
Zacks Investment Research
2 weeks ago
3 Truck Stocks Worth Keeping An Eye On Despite Industry Pressure
The Zacks Industry Rank for the Transportation-Truck industry paints a dull picture, mainly owing to the slowdown in freight demand. We believe stocks like ODFL, ARCB and FWRD are better positioned to escape industry challenges.
Negative
The Motley Fool
2 weeks ago
Old Dominion: 5 Key Takeaways for Long-Term Investors
Old Dominion Freight Line (ODFL 0.87%) held its fourth-quarter 2024 earnings call on February 5, 2025. While the less-than-truckload (LTL) carrier continues to face headwinds from a sluggish freight environment, management's commentary revealed important insights about the company's competitive positioning and long-term strategy.
Positive
Seeking Alpha
3 weeks ago
The Power Of Patience - 3 Of My Favorite Dividend Growth Stocks
Dividend growth investing requires patience but pays off. Low-yield stocks with strong growth potential can outperform high-yield picks over time, offering both income and capital appreciation. I focus on three stocks with fantastic business models, pricing power, and long-term growth potential. These picks align with my belief in balancing income and growth for a resilient portfolio. While not ideal for immediate income, these stocks are perfect for long-term investors. They offer compounding power, strong fundamentals, and the potential to beat the market.
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