Old Dominion Freight Line (ODFL) Projected to Release Earnings on Wednesday

Old Dominion Freight Line (NASDAQ:ODFL) will likely be posting its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect Old Dominion Freight Line to post earnings of $1.61 per share and revenue of $1.57 billion for the quarter. Interested persons may review the information on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 10:00 AM ET.

Old Dominion Freight Line (NASDAQ:ODFL) last released its earnings results on Wednesday, July 29th. The transportation company reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.54 by $0.14. Old Dominion Freight Line had a net margin of 19.44% and a return on equity of 24.87%. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same period in the previous year, the company earned $1.27 earnings per share. The company’s quarterly revenue was up 10.4% on a year-over-year basis. On average, analysts expect Old Dominion Freight Line to post $5.86 EPS for the current fiscal year and $6.73 EPS for the next fiscal year.

Old Dominion Freight Line Stock Down 0.1%

Old Dominion Freight Line stock opened at $182.47 on Tuesday. Old Dominion Freight Line has a twelve month low of $126.01 and a twelve month high of $252.03. The firm has a 50 day moving average price of $186.04 and a 200-day moving average price of $201.35. The company has a market capitalization of $37.84 billion, a P/E ratio of 35.16, a P/E/G ratio of 3.02 and a beta of 1.20.

Old Dominion Freight Line Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Wednesday, December 2nd will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, December 2nd. Old Dominion Freight Line’s payout ratio is 22.35%.

Insider Activity

In other news, SVP Cecil Overbey, Jr. sold 19,952 shares of the firm’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $198.39, for a total value of $3,958,277.28. Following the completion of the transaction, the senior vice president directly owned 22,746 shares of the company’s stock, valued at $4,512,578.94. This trade represents a 46.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 8.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on ODFL. Jefferies Financial Group reiterated a “hold” rating and issued a $227.00 price objective (down from $250.00) on shares of Old Dominion Freight Line in a research note on Thursday, July 30th. Bank of America reduced their price objective on Old Dominion Freight Line from $240.00 to $205.00 in a report on Friday, September 4th. Sanford C. Bernstein started coverage on Old Dominion Freight Line in a research report on Thursday, September 10th. They issued a “market perform” rating and a $200.00 target price for the company. Zacks Research downgraded Old Dominion Freight Line from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Finally, Susquehanna lowered their target price on Old Dominion Freight Line from $232.00 to $202.00 and set a “neutral” rating on the stock in a research note on Friday, October 2nd. Ten analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $223.48.

Old Dominion Freight Line Company Profile

Old Dominion Freight Line, Inc is a transportation company specializing in less-than-truckload (LTL) freight services. It transports shipments that do not require a full truck, serving business customers across a range of industries with regional, interregional and national freight transportation.

The company’s services include pickup and delivery, expedited transportation, container drayage and supply-chain solutions. Old Dominion also provides shipment tracking and other technology-enabled tools designed to support freight visibility and customer logistics management.

Founded in 1934 by Earl Congdon, Old Dominion Freight Line is headquartered in Thomasville, North Carolina.