Zacks Research Has Optimistic Outlook of ODFL Q3 Earnings

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) – Equities researchers at Zacks Research raised their Q3 2025 EPS estimates for Old Dominion Freight Line in a research note issued on Tuesday, December 24th. Zacks Research analyst M. Basu now forecasts 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 the consensus estimate of $1.49 billion. Old Dominion Freight Line had a return on equity of 29.40% and a net margin of 21.03%. The business’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.54 EPS.

Other research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. boosted their price target on shares of Old Dominion Freight Line from $186.00 to $205.00 and gave the stock a “neutral” rating in a research report on Friday, December 6th. TD Cowen cut their price target on shares of Old Dominion Freight Line from $203.00 to $196.00 and set a “hold” rating on the stock in a research report on Thursday, October 24th. Stifel Nicolaus lowered Old Dominion Freight Line from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $209.00 to $197.00 in a research report on Monday, October 21st. Robert W. Baird dropped their price objective on Old Dominion Freight Line from $204.00 to $200.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th. Finally, Argus cut Old Dominion Freight Line from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $204.00.

Old Dominion Freight Line Price Performance

Old Dominion Freight Line stock opened at $180.23 on Friday. The stock’s 50 day moving average is $206.85 and its 200 day moving average is $197.09. Old Dominion Freight Line has a one year low of $165.49 and a one year high of $233.26. The firm has a market cap of $38.48 billion, a P/E ratio of 31.51, a P/E/G ratio of 4.21 and a beta of 1.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.33 and a quick ratio of 1.33.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Financial Advocates Investment Management purchased a new stake in shares of Old Dominion Freight Line in the 2nd quarter valued at about $400,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Old Dominion Freight Line by 11.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 37,946 shares of the transportation company’s stock worth $6,701,000 after acquiring an additional 3,980 shares in the last quarter. UMB Bank n.a. raised its holdings in Old Dominion Freight Line by 21.4% in the second quarter. UMB Bank n.a. now owns 545 shares of the transportation company’s stock worth $96,000 after buying an additional 96 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Old Dominion Freight Line by 2.4% in the 2nd quarter. Principal Financial Group Inc. now owns 331,745 shares of the transportation company’s stock worth $58,586,000 after purchasing an additional 7,711 shares in the last quarter. Finally, Crossmark Global Holdings Inc. lifted its stake in Old Dominion Freight Line by 1.4% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 10,254 shares of the transportation company’s stock valued at $1,811,000 after acquiring an additional 140 shares during the period. 77.82% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Old Dominion Freight Line news, Director Leo H. Suggs sold 3,000 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $225.44, for a total transaction of $676,320.00. Following the completion of the transaction, the director now owns 7,383 shares in the company, valued at $1,664,423.52. This trade represents a 28.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Greg C. Gantt sold 7,000 shares of Old Dominion Freight Line stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $200.07, for a total transaction of $1,400,490.00. Following the completion of the transaction, the director now owns 97,890 shares of the company’s stock, valued at $19,584,852.30. The trade was a 6.67 % decrease in their position. The disclosure for this sale can be found here. 9.90% of the stock is currently owned by corporate insiders.

Old Dominion Freight Line Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date was Wednesday, December 4th. Old Dominion Freight Line’s payout ratio is 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.