Zacks Research Has Positive Outlook for ODFL Q3 Earnings

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) – Analysts at Zacks Research increased their Q3 2025 EPS estimates for shares of Old Dominion Freight Line in a report released on Tuesday, December 24th. Zacks Research analyst M. Basu now expects that the transportation company will post earnings of $1.56 per share for the quarter, up from their prior estimate of $1.55. The consensus estimate for Old Dominion Freight Line’s current full-year earnings is $5.42 per share.

Old Dominion Freight Line (NASDAQ:ODFL) last announced its earnings results on Wednesday, October 23rd. The transportation company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.42 by $0.01. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.49 billion. Old Dominion Freight Line had a return on equity of 29.40% and a net margin of 21.03%. The firm’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.54 earnings per share.

Several other equities research analysts have also recently commented on ODFL. Bank of America dropped their price target on shares of Old Dominion Freight Line from $210.00 to $206.00 and set a “neutral” rating on the stock in a research report on Friday, September 6th. Robert W. Baird cut their target price on shares of Old Dominion Freight Line from $204.00 to $200.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. The Goldman Sachs Group lifted their price target on shares of Old Dominion Freight Line from $213.00 to $235.00 and gave the stock a “neutral” rating in a research report on Thursday, December 12th. Stephens reaffirmed an “overweight” rating and issued a $240.00 price target on shares of Old Dominion Freight Line in a report on Wednesday, December 4th. Finally, Stifel Nicolaus lowered Old Dominion Freight Line from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $209.00 to $197.00 in a research note on Monday, October 21st. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $204.00.

Old Dominion Freight Line Stock Down 0.1 %

ODFL opened at $181.44 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.33 and a current ratio of 1.33. The company has a market capitalization of $38.74 billion, a PE ratio of 31.72, a P/E/G ratio of 4.21 and a beta of 1.00. The stock’s fifty day moving average is $207.24 and its 200-day moving average is $196.87. Old Dominion Freight Line has a one year low of $165.49 and a one year high of $233.26.

Institutional Trading of Old Dominion Freight Line

Several large investors have recently made changes to their positions in the stock. Toronto Dominion Bank boosted its position in Old Dominion Freight Line by 77.7% during the third quarter. Toronto Dominion Bank now owns 98,061 shares of the transportation company’s stock worth $19,479,000 after purchasing an additional 42,880 shares during the period. Sequoia Financial Advisors LLC lifted its stake in shares of Old Dominion Freight Line by 20.5% in the third quarter. Sequoia Financial Advisors LLC now owns 5,979 shares of the transportation company’s stock worth $1,188,000 after buying an additional 1,017 shares during the last quarter. Landscape Capital Management L.L.C. bought a new stake in shares of Old Dominion Freight Line during the 3rd quarter worth $2,109,000. Kinsale Capital Group Inc. grew its stake in Old Dominion Freight Line by 18.4% in the 3rd quarter. Kinsale Capital Group Inc. now owns 23,293 shares of the transportation company’s stock valued at $4,627,000 after buying an additional 3,614 shares during the last quarter. Finally, Segall Bryant & Hamill LLC bought a new position in Old Dominion Freight Line in the 3rd quarter worth $30,745,000. Institutional investors own 77.82% of the company’s stock.

Insiders Place Their Bets

In other news, Director Greg C. Gantt sold 7,000 shares of the stock in a transaction on Monday, October 28th. The shares were sold at an average price of $200.07, for a total transaction of $1,400,490.00. Following the transaction, the director now owns 97,890 shares in the company, valued at $19,584,852.30. This represents a 6.67 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Leo H. Suggs sold 3,000 shares of the firm’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $225.44, for a total transaction of $676,320.00. Following the transaction, the director now owns 7,383 shares in the company, valued at $1,664,423.52. This represents a 28.89 % decrease in their position. The disclosure for this sale can be found here. Insiders own 9.90% of the company’s stock.

Old Dominion Freight Line Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Wednesday, December 4th were given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.57%. The ex-dividend date was Wednesday, December 4th. Old Dominion Freight Line’s payout ratio is currently 18.18%.

About Old Dominion Freight Line

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.