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Macon & Joan Brock Virginia Health Sciences at Old Dominion University Launches
GlobeNewswire News Room· 2024-07-08 21:04
Eastern Virginia Medical School (EVMS); Ellmer College of Health Sciences; Ellmer School of Nursing; EVMS School of Health Professions; and the proposed Joint School of Public Health (awaiting approval by the State Council of Higher Education for Virginia and the Council on Education for Public Health), a partnership with Norfolk State University. In a letter to campus, President Hemphill wrote, "As we have successfully secured all required approvals, most notably from the Commonwealth of Virginia and the S ...
This Stock-Split Stock Is Up 269% Over the Past 5 Years. Here's Why It's a Buy Today.
The Motley Fool· 2024-06-29 15:02
While stock splits are often celebrated, since they tend to come on the heels of large increases in a company's stock price, it's important to remember that stock splits don't meaningfully alter the fundamentals of a stock investment. By increasing the number of shares, the stock price is reduced in the same ratio, and all of a company's per-share performance metrics are also reduced. A shareholder is no better, or worse, off after a stock split than just prior to the transaction. In the case of Old Dominio ...
Why Old Dominion Stock Is Decelerating Today
The Motley Fool· 2024-06-06 15:19
Trucking company Old Dominion Freight Line (ODFL -2.98%) is seeing an uptick in activity, but not quite at the levels that investors had hoped. Old Dominion and other truckers have been moving in the wrong direction of late. The company's shares are down 25% from their 2024 highs due to soft demand. Shipping customers are worried about the health of the U.S. economy and are trimming inventories as a result. Is Old Dominion stock a buy? Old Dominion historically has been among the industry's top performers, ...
Old Dominion (ODFL) Posts LTL Unit Performance for May
ZACKS· 2024-06-06 14:10
Old Dominion's revenue per day improved 5.6% year over year in May 2024 due to an increase in LTL revenue per hundredweight, which was partially offset by a 1.5% rise in LTL tons per day. The uplift in LTL tons per day was due to a 0.7% decrease in LTL weight per shipment, which was partially offset by a 2.3% increase in LTL shipments per day. Quarter to date, Old Dominion's LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, jumped 4.2% and 4.7%, year over year, resp ...
Old Dominion (ODFL) Rides on Dividends & Buyback, Costs Ail
zacks.com· 2024-05-28 19:20
ODFL currently carries a Zacks Rank #3 (Hold). Old Dominion has an impressive earnings surprise history. The company's earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 2.81%. On the flip side, high capital expenditures might hurt ODFL's bottom line. For 2024, ODFL anticipates its total capital expenditures to be approximately $750 million. Of the total, $350 million is expected to be invested in real estate and service center expansion p ...
Why Is Old Dominion (ODFL) Down 12.8% Since Last Earnings Report?
zacks.com· 2024-05-24 16:37
A month has gone by since the last earnings report for Old Dominion Freight Line (ODFL) . Shares have lost about 12.8% in that time frame, underperforming the S&P 500. Old Dominion Freight Line's first-quarter 2024 earnings per share of $1.34 surpassed the Zacks Consensus Estimate of $1.33 and increased 3.9% year over year. Management has stated that all per-share data, even for the prior-year period, have been adjusted to reflect the two-for-one stock split. The stock split was announced by ODFL during the ...
Old Dominion Freight Line(ODFL) - 2024 Q1 - Quarterly Report
2024-05-07 17:59
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ . Commission File Number: 0-19582 (Exact name of registrant as specified in its charter) VIRGINIA 56-0751714 (State or other jurisdiction of incorpo ...
Old Dominion Freight Line: The Dividend Growth Stock That Keeps On Winning
Seeking Alpha· 2024-04-30 06:00
Jon Tetzlaff/iStock Editorial via Getty Images Introduction This year, it feels like I have written countless articles on my longer-term thesis, which is that "value" stocks are likely a better place than "growth" stocks. For example, in a recent article, I wrote that Antero Midstream (AM) is my favorite high-yield stock and a great way to benefit from the attractive relative valuation of value stocks. I often refer to the data from JPMorgan (JPM), which can be seen below. Value stocks are very attractive ...
Old Dominion Freight Line(ODFL) - 2024 Q1 - Quarterly Results
2024-04-24 13:46
Exhibit 99.1 Contact: Adam N. Satterfield Executive Vice President and Chief Financial Officer (336) 822-5721 OLD DOMINION FREIGHT LINE REPORTS FIRST QUARTER 2024 EARNINGS PER DILUTED SHARE OF $1.34 THOMASVILLE, N.C. (April 24, 2024) – Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month period ended March 31, 2024. All prior-period share and per share data in this release have been adjusted to reflect the Company's March 2024 two-for-one stock split. | | Thre ...
Old Dominion Freight Line(ODFL) - 2023 Q4 - Annual Report
2024-02-26 21:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________. Commission File Number: 0-19582 OLD DOMINION FREIGHT LINE, INC. (Exact name of registrant as specified in its charter) VIRGINIA 56-0751714 (Stat ...