Research Analysts’ Weekly Ratings Changes for Old Dominion Freight Line (ODFL)

A number of firms have modified their ratings and price targets on shares of Old Dominion Freight Line (NASDAQ: ODFL) recently:

• 4/24/2025 – Old Dominion Freight Line was given a new $185.00 price target on by analysts at Raymond James. They now have an “outperform” rating on the stock.
• 4/24/2025 – Old Dominion Freight Line had its “overweight” rating reaffirmed by analysts at Stephens. They now have a $180.00 price target on the stock, down previously from $200.00.
• 4/24/2025 – Old Dominion Freight Line was given a new $150.00 price target on by analysts at Wells Fargo & Company. They now have an “underweight” rating on the stock.
• 4/24/2025 – Old Dominion Freight Line had its price target lowered by analysts at JPMorgan Chase & Co. from $174.00 to $158.00. They now have a “neutral” rating on the stock.
• 4/24/2025 – Old Dominion Freight Line had its price target lowered by analysts at Susquehanna from $171.00 to $168.00. They now have a “neutral” rating on the stock.
• 4/24/2025 – Old Dominion Freight Line had its price target lowered by analysts at Evercore ISI from $164.00 to $156.00. They now have an “in-line” rating on the stock.
• 4/24/2025 – Old Dominion Freight Line had its price target lowered by analysts at Barclays PLC from $185.00 to $170.00. They now have an “equal weight” rating on the stock.
• 4/24/2025 – Old Dominion Freight Line had its price target lowered by analysts at Truist Financial Co. from $220.00 to $175.00. They now have a “buy” rating on the stock.
• 4/24/2025 – Old Dominion Freight Line had its price target lowered by analysts at Stifel Nicolaus from $188.00 to $175.00. They now have a “buy” rating on the stock.
• 4/14/2025 – Old Dominion Freight Line had its price target lowered by analysts at Stifel Nicolaus from $200.00 to $188.00. They now have a “buy” rating on the stock.
• 4/9/2025 – Old Dominion Freight Line had its price target lowered by analysts at Jefferies Financial Group Inc. from $195.00 to $165.00. They now have a “hold” rating on the stock.
• 4/8/2025 – Old Dominion Freight Line had its price target lowered by analysts at Raymond James from $215.00 to $190.00. They now have an “outperform” rating on the stock.
• 4/8/2025 – Old Dominion Freight Line had its price target lowered by analysts at UBS Group AG from $196.00 to $158.00. They now have a “neutral” rating on the stock.
• 4/8/2025 – Old Dominion Freight Line was upgraded by analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating. They now have a $183.00 price target on the stock, down previously from $186.00.
• 4/2/2025 – Old Dominion Freight Line was given a new $185.00 price target on by analysts at Morgan Stanley.
• 4/2/2025 – Old Dominion Freight Line had its price target lowered by analysts at Barclays PLC from $195.00 to $185.00. They now have an “equal weight” rating on the stock.
• 3/31/2025 – Old Dominion Freight Line had its price target lowered by analysts at Susquehanna from $210.00 to $171.00. They now have a “neutral” rating on the stock.
• 3/29/2025 – Old Dominion Freight Line was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 3/27/2025 – Old Dominion Freight Line had its price target lowered by analysts at Wells Fargo & Company from $185.00 to $160.00. They now have an “underweight” rating on the stock.
• 3/13/2025 – Old Dominion Freight Line is now covered by analysts at Truist Financial Co.. They set a “buy” rating and a $220.00 price target on the stock.
• 3/10/2025 – Old Dominion Freight Line had its price target lowered by analysts at Barclays PLC from $210.00 to $195.00. They now have an “equal weight” rating on the stock.

Old Dominion Freight Line Trading Down 1.8 %

NASDAQ:ODFL opened at $153.35 on Wednesday. Old Dominion Freight Line, Inc. has a 12-month low of $144.90 and a 12-month high of $233.26. The firm has a market cap of $32.53 billion, a PE ratio of 27.98, a price-to-earnings-growth ratio of 2.89 and a beta of 1.31. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average price of $160.87 and a 200 day moving average price of $185.30.

Old Dominion Freight Line (NASDAQ:ODFL) last announced its quarterly earnings data on Wednesday, April 23rd. The transportation company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.05. Old Dominion Freight Line had a return on equity of 28.02% and a net margin of 20.40%. The business had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter last year, the business posted $1.34 EPS. The business’s quarterly revenue was down 5.8% compared to the same quarter last year. Sell-side analysts anticipate that Old Dominion Freight Line, Inc. will post 5.68 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Old Dominion Freight Line

Large investors have recently modified their holdings of the company. Norges Bank acquired a new stake in Old Dominion Freight Line in the fourth quarter valued at $494,916,000. T. Rowe Price Investment Management Inc. raised its position in shares of Old Dominion Freight Line by 1,575.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,447,784 shares of the transportation company’s stock worth $255,390,000 after acquiring an additional 1,361,397 shares in the last quarter. AustralianSuper Pty Ltd purchased a new stake in Old Dominion Freight Line during the fourth quarter worth approximately $128,221,000. Raymond James Financial Inc. acquired a new position in Old Dominion Freight Line in the fourth quarter valued at approximately $114,449,000. Finally, Thrivent Financial for Lutherans increased its stake in Old Dominion Freight Line by 92.3% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,195,331 shares of the transportation company’s stock valued at $210,856,000 after purchasing an additional 573,586 shares during the last quarter. 77.82% of the stock is owned by hedge funds and other institutional investors.

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.