Zacks Research Analysts Lift Earnings Estimates for ODFL

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) – Analysts at Zacks Research increased their Q1 2026 EPS estimates for Old Dominion Freight Line in a research note issued to investors on Tuesday, February 25th. Zacks Research analyst M. Basu now expects that the transportation company will post earnings of $1.39 per share for the quarter, up from their previous forecast 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.

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

Several other equities research analysts have also weighed in on the company. Stifel Nicolaus upgraded Old Dominion Freight Line from a “hold” rating to a “buy” rating and boosted their target price for the stock from $193.00 to $200.00 in a report on Monday, February 24th. StockNews.com raised shares of Old Dominion Freight Line from a “sell” rating to a “hold” rating in a report on Saturday, February 15th. Evercore ISI lifted their target price on shares of Old Dominion Freight Line from $199.00 to $202.00 and gave the stock an “in-line” rating in a report on Thursday, February 6th. Jefferies Financial Group upped their price target on shares of Old Dominion Freight Line from $185.00 to $190.00 and gave the company a “hold” rating in a report on Friday, January 10th. Finally, 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. 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 stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $203.72.

Old Dominion Freight Line Stock Performance

ODFL opened at $176.50 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 cap of $37.68 billion, a PE ratio of 32.21, a price-to-earnings-growth ratio of 2.89 and a beta of 1.05. The stock has a 50-day moving average of $187.56 and a 200-day moving average of $197.24. Old Dominion Freight Line has a 52-week low of $165.49 and a 52-week high of $233.26.

Old Dominion Freight Line Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.63%. This is an increase from Old Dominion Freight Line’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Wednesday, March 5th. Old Dominion Freight Line’s dividend payout ratio (DPR) is currently 18.98%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. State Street Corp boosted its position in shares of Old Dominion Freight Line by 3.8% during the third quarter. State Street Corp now owns 7,633,531 shares of the transportation company’s stock worth $1,516,324,000 after purchasing an additional 279,946 shares in the last quarter. Geode Capital Management LLC grew its stake in Old Dominion Freight Line by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 4,927,383 shares of the transportation company’s stock valued at $870,311,000 after acquiring an additional 96,410 shares during the period. Norges Bank acquired a new stake in shares of Old Dominion Freight Line during the fourth quarter worth about $494,916,000. Capital World Investors lifted its holdings in shares of Old Dominion Freight Line by 1.1% during the 4th quarter. Capital World Investors now owns 2,510,101 shares of the transportation company’s stock valued at $442,784,000 after purchasing an additional 27,367 shares in the last quarter. Finally, Northern Trust Corp grew its position in shares of Old Dominion Freight Line by 15.2% in the 4th quarter. Northern Trust Corp now owns 1,983,857 shares of the transportation company’s stock valued at $349,952,000 after purchasing an additional 261,305 shares during the period. Institutional investors and hedge funds own 77.82% of the company’s stock.

Old Dominion Freight Line Company Profile

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.