How to buy Old Dominion Freight Line (ODFL) stocks

Learn how to easily invest in Old Dominion Freight Line stocks.

Old Dominion Freight Line is a trucking business based in the US. Old Dominion Freight Line shares (ODFL) are listed on the NASDAQ and all prices are listed in US Dollars.

Its last market close was $187.74 – a decrease of 7.54% over the previous week. Old Dominion Freight Line employs 22,686 staff and has a trailing 12-month revenue of around $5.9 billion.

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How to buy Old Dominion Freight Line stock

  1. Choose a stock trading platform. Compare investment platforms.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – ODFL. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Old Dominion Freight Line stock price (NASDAQ: ODFL)

Use our graph to track the performance of ODFL stocks over time.

Old Dominion Freight Line stocks at a glance

Information last updated 2024-12-18.
Latest market close$187.74
52-week range$165.07 - $232.98
50-day moving average $208.83
200-day moving average $198.14
Wall St. target price$203.91
PE ratio 33.5849
Dividend yield $0.98 (0.54%)
Earnings per share (TTM) $5.71

Is it a good time to buy Old Dominion Freight Line stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Old Dominion Freight Line price performance over time

Historical closes compared with the close of $191.77 from 2024-12-18

1 week (2024-12-13) -4.44%
1 month (2024-11-22) -12.93%
3 months (2024-09-20) -1.13%
6 months (2024-06-21) 9.65%
1 year (2023-12-22) -53.56%
2 years (2022-12-22) 37.33%
3 years (2021-12-22) 13.04%
5 years (2019-12-20) 211.96%

Is Old Dominion Freight Line stock undervalued or overvalued?

Valuing Old Dominion Freight Line stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Old Dominion Freight Line's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Old Dominion Freight Line's P/E ratio

Old Dominion Freight Line's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 34x. In other words, Old Dominion Freight Line shares trade at around 34x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the stock or simply that they're over-valued.

Old Dominion Freight Line's PEG ratio

Old Dominion Freight Line's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.9699. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Old Dominion Freight Line's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Old Dominion Freight Line's EBITDA

Old Dominion Freight Line's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2 billion.

The EBITDA is a measure of a Old Dominion Freight Line's overall financial performance and is widely used to measure a its profitability.

Old Dominion Freight Line financials

Revenue TTM $5.9 billion
Operating margin TTM 27.33%
Gross profit TTM $2.5 billion
Return on assets TTM 19.01%
Return on equity TTM 30.24%
Profit margin 21.03%
Book value $19.53
Market Capitalization $40.9 billion

TTM: trailing 12 months

Old Dominion Freight Line stock dividends

14%

Dividend payout ratio: 14.46% of net profits

Recently Old Dominion Freight Line has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Old Dominion Freight Line shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Old Dominion Freight Line's case, that would currently equate to about $0.98 per share.

While Old Dominion Freight Line's payout ratio might seem low, this can signify that Old Dominion Freight Line is investing more in its future growth.

Old Dominion Freight Line's most recent dividend payout was on 17 December 2024. The latest dividend was paid out to all shareholders who bought their stocks by 3 December 2024 (the "ex-dividend date").

Have Old Dominion Freight Line's stocks ever split?

Old Dominion Freight Line's stocks were split on a 2:1 basis on 27 March 2024 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Old Dominion Freight Line stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for Old Dominion Freight Line stocks, which in turn could have impacted Old Dominion Freight Line's stock price.

Old Dominion Freight Line stock price volatility

Over the last 12 months, Old Dominion Freight Line's stocks have ranged in value from as little as $165.0725 up to $232.9825. A popular way to gauge a stock's volatility is its "beta."

ODFL.US volatility(beta: 0.99)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Old Dominion Freight Line's is 0.989. This would suggest that Old Dominion Freight Line's stocks are less volatile than average (for this exchange).

Old Dominion Freight Line overview

Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2023, it owned and operated 10,791 tractors, 31,233 linehaul trailers, and 15,181 pickup and delivery trailers; 46 fleet maintenance centers; and 257 service centers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.

Frequently asked questions

What percentage of Old Dominion Freight Line is owned by insiders or institutions?
Currently 10.123% of Old Dominion Freight Line stocks are held by insiders and 80.474% by institutions.
How many people work for Old Dominion Freight Line?
Latest data suggests 22,686 work at Old Dominion Freight Line.
When does the fiscal year end for Old Dominion Freight Line?
Old Dominion Freight Line's fiscal year ends in December.
Where is Old Dominion Freight Line based?
Old Dominion Freight Line's address is: 500 Old Dominion Way, Thomasville, NC, United States, 27360
What is Old Dominion Freight Line's ISIN number?
Old Dominion Freight Line's international securities identification number is: US6795801009
What is Old Dominion Freight Line's CUSIP number?
Old Dominion Freight Line's Committee on Uniform Securities Identification Procedures number is: 679580100
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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