Old Dominion Freight Line (NASDAQ:ODFL) will issue its quarterly earnings data before the market opens on Wednesday, April 25th. Analysts expect the company to announce earnings of $1.20 per share for the quarter.
Old Dominion Freight Line (NASDAQ:ODFL) last released its quarterly earnings results on Thursday, February 8th. The transportation company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.01. The business had revenue of $891.12 million during the quarter, compared to analyst estimates of $879.00 million. Old Dominion Freight Line had a return on equity of 17.37% and a net margin of 13.81%. Old Dominion Freight Line’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.83 EPS. On average, analysts expect Old Dominion Freight Line to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
NASDAQ ODFL opened at $149.57 on Wednesday. The firm has a market capitalization of $11,866.04, a P/E ratio of 34.31, a P/E/G ratio of 1.01 and a beta of 1.17. Old Dominion Freight Line has a 12 month low of $81.30 and a 12 month high of $152.50. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.02.
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 20th. Investors of record on Tuesday, March 6th were given a $0.13 dividend. This is a positive change from Old Dominion Freight Line’s previous quarterly dividend of $0.10. This represents a $0.52 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date was Monday, March 5th. Old Dominion Freight Line’s dividend payout ratio is presently 11.93%.
ODFL has been the subject of a number of analyst reports. Zacks Investment Research lowered Old Dominion Freight Line from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. Stifel Nicolaus reissued a “hold” rating and issued a $134.00 price target on shares of Old Dominion Freight Line in a research report on Thursday, January 18th. Morgan Stanley reissued an “overweight” rating and issued a $150.00 price target (up from $99.00) on shares of Old Dominion Freight Line in a research report on Wednesday, February 21st. Buckingham Research raised their target price on Old Dominion Freight Line from $144.00 to $153.00 and gave the company a “neutral” rating in a research report on Friday, February 9th. Finally, Cowen reaffirmed a “market perform” rating and set a $136.00 target price (up from $113.00) on shares of Old Dominion Freight Line in a research report on Thursday, February 8th. Three analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $138.00.
Old Dominion Freight Line Company Profile
Old Dominion Freight Line, Inc operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including ground and air expedited transportation, and consumer household pickup and delivery. The company also offers various value-added services comprising container drayage, truckload brokerage, supply chain consulting, and warehousing.
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