Old Dominion Freight Stock Today
| ODFL Stock | USD 217.89 3.56 1.66% |
Performance3 of 100
| Odds Of DistressLess than 1
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Old Dominion is selling for 217.89 as of the 21st of November 2024. This is a 1.66 percent increase since the beginning of the trading day. The stock's lowest day price was 210.38. Old Dominion has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Note, on November 11, 2024, Representative Ro Khanna of US Congress acquired $15k to $50k worth of Old Dominion Freight's common stock.
Business Domain Transportation | IPO Date 24th of October 1991 | Category Industrials |
Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina. Old Dominion operates under Trucking classification in the United States and is traded on NASDAQ Exchange. The company has 213.5 M outstanding shares of which 9.48 M shares are now shorted by private and institutional investors with about 6.78 trading days to cover. More on Old Dominion Freight
Moving together with Old Stock
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Moving against Old Stock
Follow Valuation Options Odds of Bankruptcy
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Old Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Vice Chairman and CEO | David Congdon | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Cargo Ground Transportation, Transportation, Industrials, SP 500 Index, Nasdaq 100, Dow Jones Transportation, NASDAQ 100 Pre, NASDAQ Composite, NASDAQ Composite Total, Sport Products, Railroads, Industrials, Ground Transportation, Trucking, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsOld Dominion can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Old Dominion's financial leverage. It provides some insight into what part of Old Dominion's total assets is financed by creditors.
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Old Dominion Freight (ODFL) is traded on NASDAQ Exchange in USA. It is located in 500 Old Dominion Way, Thomasville, NC, United States, 27360 and employs 22,686 people. Old Dominion is listed under Cargo Ground Transportation category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 45.76 B. Old Dominion Freight conducts business under Ground Transportation sector and is part of Industrials industry. The entity has 213.5 M outstanding shares of which 9.48 M shares are now shorted by private and institutional investors with about 6.78 trading days to cover.
Old Dominion Freight currently holds about 375.56 M in cash with 1.57 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.37.
Check Old Dominion Probability Of Bankruptcy
Ownership AllocationOld Dominion owns a total of 213.5 Million outstanding shares. The majority of Old Dominion Freight outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Old Dominion Freight to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Old Dominion. Please pay attention to any change in the institutional holdings of Old Dominion Freight as this could imply that something significant has changed or is about to change at the company. On November 11, 2024, Representative Ro Khanna of US Congress acquired $15k to $50k worth of Old Dominion Freight's common stock.
Check Old Ownership Details
Old Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Goldman Sachs Group Inc | 2024-06-30 | 2.6 M | |
| Capital World Investors | 2024-09-30 | 2.5 M | |
| Norges Bank | 2024-06-30 | 2.4 M | |
| Northern Trust Corp | 2024-09-30 | 1.7 M | |
| Legal & General Group Plc | 2024-06-30 | 1.7 M | |
| Jacobs Levy Equity Management, Inc. | 2024-06-30 | 1.4 M | |
| First Trust Advisors L.p. | 2024-06-30 | 1.4 M | |
| Ubs Asset Mgmt Americas Inc | 2024-09-30 | 1.3 M | |
| Lazard Asset Management Llc | 2024-06-30 | 1.2 M | |
| Vanguard Group Inc | 2024-09-30 | 22.3 M | |
| T. Rowe Price Associates, Inc. | 2024-06-30 | 16.3 M |
Old Dominion Historical Income Statement
Old Stock Against Markets
Old Dominion Corporate Management
| Cecil Overbey | Sr. VP of Marketing Pricing and Strategic Devel. | Profile | |
| Clayton Brinker | VP Officer | Profile | |
| Sam Faucette | Vice Compliance | Profile | |
| Kimberly Maready | Principal Accounting Officer | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Dominion Freight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old Dominion. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 0.98 | Earnings Share 5.72 | Revenue Per Share 27.363 | Quarterly Revenue Growth (0.03) |
The market value of Old Dominion Freight is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Dominion's value that differs from its market value or its book value, called intrinsic value, which is Old Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old Dominion's market value can be influenced by many factors that don't directly affect Old Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.