Zacks Research Has Bullish Forecast for ODFL Q1 Earnings

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) – Equities researchers at Zacks Research lifted their Q1 2026 earnings per share (EPS) estimates for shares of Old Dominion Freight Line in a research note issued on Tuesday, February 25th. Zacks Research analyst M. Basu now forecasts that the transportation company will post earnings per share of $1.39 for the quarter, up from their previous estimate of $1.31. The consensus estimate for Old Dominion Freight Line’s current full-year earnings is $5.68 per share. Zacks Research also issued estimates for Old Dominion Freight Line’s Q2 2026 earnings at $1.94 EPS and FY2026 earnings at $6.69 EPS.

A number of other analysts also recently issued reports on the company. Bank of America reduced their price objective on Old Dominion Freight Line from $237.00 to $204.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. JPMorgan Chase & Co. lifted their price objective on Old Dominion Freight Line from $186.00 to $205.00 and gave the stock a “neutral” rating in a research note on Friday, December 6th. Citigroup lifted their price objective on Old Dominion Freight Line from $201.00 to $241.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 12th. Susquehanna reaffirmed a “neutral” rating and issued a $195.00 price objective (down previously from $218.00) on shares of Old Dominion Freight Line in a research note on Tuesday, January 7th. Finally, Stifel Nicolaus upgraded Old Dominion Freight Line from a “hold” rating to a “buy” rating and lifted their target price for the stock from $193.00 to $200.00 in a report on Monday. One analyst has rated the stock with a sell rating, sixteen have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Old Dominion Freight Line has a consensus rating of “Hold” and an average price target of $203.72.

Old Dominion Freight Line Stock Performance

NASDAQ:ODFL opened at $174.77 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.33 and a quick ratio of 1.33. Old Dominion Freight Line has a 1 year low of $165.49 and a 1 year high of $233.26. The stock’s 50 day simple moving average is $187.66 and its two-hundred day simple moving average is $197.33. The company has a market cap of $37.31 billion, a price-to-earnings ratio of 31.89, a PEG ratio of 2.89 and a beta of 1.05.

Old Dominion Freight Line (NASDAQ:ODFL) last issued its earnings results on Wednesday, February 5th. The transportation company reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.06. Old Dominion Freight Line had a return on equity of 28.02% and a net margin of 20.40%.

Old Dominion Freight Line Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th will be given a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 0.64%. The ex-dividend date of this dividend is Wednesday, March 5th. This is an increase from Old Dominion Freight Line’s previous quarterly dividend of $0.26. Old Dominion Freight Line’s dividend payout ratio is 18.98%.

Hedge Funds Weigh In On Old Dominion Freight Line

Several hedge funds have recently bought and sold shares of the business. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Old Dominion Freight Line in the 4th quarter valued at $39,633,000. Jefferies Financial Group Inc. bought a new position in shares of Old Dominion Freight Line during the 4th quarter worth $1,127,000. Challenger Wealth Management bought a new position in shares of Old Dominion Freight Line during the 4th quarter worth $233,000. Value Partners Investments Inc. grew its position in shares of Old Dominion Freight Line by 2.4% during the 4th quarter. Value Partners Investments Inc. now owns 11,875 shares of the transportation company’s stock worth $2,093,000 after buying an additional 277 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC grew its position in shares of Old Dominion Freight Line by 2.8% during the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 541,540 shares of the transportation company’s stock worth $95,528,000 after buying an additional 14,883 shares in the last quarter. Institutional investors own 77.82% of the company’s stock.

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.