Old Dominion Freight Line(ODFL)
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My Portfolio's Biggest Problem - And The 4 Stocks I'm Betting On Next
Seeking Alpha· 2025-10-28 11:30
Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .When I started investing (it was mostly trading) at the age of 15, I tried every strategy you can think of, except for the one that actually works, which is long-term dividend (growth) investing. I was a day trader, a swing trader, and IAnalyst’s Disclosure:I/we have a beneficia ...
Old Dominion's Q3 Earnings Coming Up: What's in Store for the Stock?
ZACKS· 2025-10-27 19:31
Key Takeaways ODFL's Q3 EPS is projected to be $1.22, down 14.69% year over year and revised 0.81% lower in 60 days.Q3 revenue is forecasted to be $1.40B, a 4.79% drop, amid freight market softness and inflationary pressure.ODFL holds a Zacks Rank #4 and Earnings ESP of 0.67%, not indicating a likely earnings beat.Old Dominion Freight Line (ODFL) is scheduled to report third-quarter 2025 results on Oct. 29, before market open.ODFL has a solid earnings surprise history. The company’s earnings outpaced the Za ...
Old Dominion Freight Line declares $0.28 dividend (NASDAQ:ODFL)
Seeking Alpha· 2025-10-23 11:24
Group 1 - The article does not provide any specific information or insights regarding a company or industry [1]
Old Dominion Freight Line Announces $0.28 Per Share Quarterly Cash Dividend
Businesswire· 2025-10-23 11:00
Core Points - Old Dominion Freight Line, Inc. has declared a quarterly cash dividend of $0.28 per share of common stock [1] - The dividend is payable on December 17, 2025, to shareholders of record at the close of business on December 3, 2025 [1] - This dividend payment represents a 7.7% increase compared to the quarterly cash dividend paid in December 2024 [1]
Raymond James Reduces PT on Old Dominion Freight Line (ODFL) Stock to $160, Keeps Outperform
Yahoo Finance· 2025-10-21 09:52
Group 1 - Old Dominion Freight Line, Inc. (NASDAQ:ODFL) is considered one of the best beaten down stocks to buy according to hedge funds, with a recent price target reduction from Raymond James to $160 from $165 while maintaining an "Outperform" rating [1][2] - The company reported a 4.8% decline in revenue per day for August 2025 compared to August 2024, attributed to a 9.2% decrease in less-than-truckload (LTL) tons per day, although this was partially offset by an increase in LTL revenue per hundredweight [1] - Old Dominion Freight Line is positioned to capture profitable market share in the long term due to its consistent execution and investment in its network throughout various economic cycles [2] Group 2 - ClearBridge Investments initiated a new position in Old Dominion Freight Line, highlighting it as a best-in-class industrial company with a strong balance sheet and profitability, despite current earnings being impacted by a weak volume environment [3] - The investment management company views the current weak volume environment as an attractive entry point for potential investors [3]
LTLs hold pricing line; Old Dominion announces 4.9% GRI
Yahoo Finance· 2025-10-20 16:58
Core Insights - Old Dominion Freight Line announced a 4.9% general rate increase effective November 3, aligning with last year's increase but implemented one month earlier [1] - The general rate increase (GRI) is a common practice among carriers to adjust base rates across various lanes and weight categories, aimed at counteracting cost inflation and funding capital expenditure projects [2] Company-Specific Insights - Todd Polen, head of pricing services at Old Dominion, emphasized the need to enhance service quality and systems to meet customer expectations, stating that the GRI will help offset rising costs related to real estate, equipment, technology, and employee compensation [3] - Other carriers, such as ABF Freight and Saia, have also announced similar rate increases ahead of schedule, indicating a trend within the industry [4] Industry Context - The less-than-truckload (LTL) sector is experiencing prolonged downturns, with weak demand in the industrial sector affecting revenue for many carriers [6][7] - The Purchasing Managers' Index (PMI) for manufacturing activity was reported at 49.1 in September, indicating continued contraction in the sector [7] - Analysts express concerns that favorable pricing dynamics in the industry may be challenged by new capacity entering the market, particularly following the redistribution of Yellow Corp.'s terminal portfolio [8]
Old Dominion Freight Line Releases 2024 Sustainability Report
Businesswire· 2025-10-17 20:10
Core Insights - Old Dominion Freight Line, Inc. has released its 2024 Sustainability Report, which aligns with the Sustainability Accounting Standards Board (SASB) and Global Reporting Initiative (GRI) standards [1] - The report includes a limited assurance verification opinion for its 2024 Scope 1 and Scope 2 Greenhouse Gas (GHG) Inventory from an independent third party [1] Company Overview - Old Dominion Freight Line, Inc. is one of the largest North American less-than-truckload (LTL) motor carriers, providing regional, inter-regional, and national LTL services through a union-free organization [4] - The company offers a range of services including expedited transportation, container drayage, truckload brokerage, and supply chain consulting [4] Financial Performance - The company reported a total revenue of $1,407.724 million for the three months ended June 30, 2025, a decrease of 6.1% compared to the same period in 2024 [9] - LTL services revenue for the same period was $1,395.112 million, also reflecting a 6.1% decrease year-over-year [9] - For the six months ended June 30, 2025, total revenue was $2,782.582 million, down 6.0% from $2,958.770 million in 2024 [9] Operational Metrics - In August 2025, revenue per day decreased by 4.8% compared to August 2024, driven by a 9.2% decrease in LTL tons per day [8] - The decline in LTL tons per day was attributed to an 8.2% decrease in LTL shipments per day and a 1.2% decrease in LTL weight per shipment [8]
What Makes Old Dominion Freight Line (ODFL) an Investment Bet?
Yahoo Finance· 2025-10-08 14:05
Core Insights - ClearBridge Investments released its third-quarter 2025 investor letter for the ClearBridge Dividend Strategy, highlighting strong stock market performance and gains from AI exposure, despite lagging behind the S&P 500 Index benchmark [1] Company Overview - Old Dominion Freight Line, Inc. (NASDAQ:ODFL) is a less-than-truckload motor carrier providing regional, inter-regional, and national services, with a market capitalization of $29.709 billion as of October 7, 2025 [2] - The stock experienced a one-month return of -3.38% and a 52-week loss of 27.30%, closing at $141.36 per share [2] Investment Positioning - ClearBridge Dividend Strategy initiated new positions in Old Dominion Freight Line, Inc., citing it as a best-in-class industrial company with a strong balance sheet and profitability, although currently facing challenges due to a weak volume environment [3] - The strategy views the current market conditions as an attractive entry point for investment in Old Dominion Freight Line, Inc. [3] Hedge Fund Interest - Old Dominion Freight Line, Inc. was held by 51 hedge fund portfolios at the end of Q2 2025, an increase from 33 in the previous quarter, indicating growing interest among institutional investors [4] - Despite this interest, the analysis suggests that certain AI stocks may offer greater upside potential and less downside risk compared to Old Dominion Freight Line, Inc. [4]
Why I'm Betting 75% Of My Portfolio On America's Future
Seeking Alpha· 2025-10-08 11:30
Group 1 - The article discusses the attention garnered by the sitting president of the United States, Donald Trump, due to the government's involvement in taking stakes in certain US companies [1]. Group 2 - The article does not provide specific financial data or performance metrics related to the companies mentioned, focusing instead on the broader implications of government actions on the market [1].
Here's What to Expect From Old Dominion’s Next Earnings Report
Yahoo Finance· 2025-10-06 12:25
Core Insights - Old Dominion Freight Line, Inc. (ODFL) is a prominent American transportation company with a market cap of $29.7 billion, specializing in less-than-truckload (LTL) shipping and known for its operational efficiency and premium service [1] Financial Performance - ODFL is expected to report a non-GAAP profit of $1.23 per share for Q3, reflecting a 14% decrease from $1.43 per share in the same quarter last year [2] - For FY2025, ODFL's non-GAAP EPS is projected to be $4.87, down 11.1% from $5.48 in FY2024, but is anticipated to rebound with a 16.8% increase to $5.69 per share in FY2026 [3] Stock Performance - ODFL stock has experienced a 26% decline over the past 52 weeks, underperforming the S&P 500 Index's 17.8% rise and the Industrial Select Sector SPDR Fund's 14.7% gains during the same period [4] - On September 4th, ODFL stock saw a slight increase despite a significant 9.2% year-over-year drop in August's LTL shipment volume [5] Analyst Ratings - The consensus rating for ODFL stock is "Hold," with 22 analysts covering the stock: 6 recommend "Strong Buy," 1 suggests "Moderate Buy," 12 advise "Hold," and 3 advocate "Strong Sell." The mean price target is $161.15, indicating a 14% premium from current market prices [6]