News stories about Old Dominion Freight Line (NASDAQ:ODFL) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Old Dominion Freight Line earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave news headlines about the transportation company an impact score of 46.227898279622 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

Shares of Old Dominion Freight Line (ODFL) traded down $0.44 during trading on Wednesday, hitting $129.34. 752,066 shares of the company were exchanged, compared to its average volume of 484,010. The firm has a market cap of $10,652.03, a PE ratio of 31.85, a P/E/G ratio of 1.81 and a beta of 1.20. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.02. Old Dominion Freight Line has a 1-year low of $80.56 and a 1-year high of $131.39.

Old Dominion Freight Line (NASDAQ:ODFL) last announced its earnings results on Thursday, October 26th. The transportation company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.08. The business had revenue of $872.99 million during the quarter, compared to analysts’ expectations of $855.85 million. Old Dominion Freight Line had a net margin of 10.43% and a return on equity of 17.09%. The firm’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter last year, the company posted $1.03 EPS. equities analysts predict that Old Dominion Freight Line will post 4.3 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.31%. The ex-dividend date of this dividend is Tuesday, December 5th. Old Dominion Freight Line’s dividend payout ratio (DPR) is currently 9.85%.

A number of brokerages have recently issued reports on ODFL. Robert W. Baird restated a “hold” rating and issued a $113.00 price objective on shares of Old Dominion Freight Line in a research note on Friday, October 6th. BidaskClub cut shares of Old Dominion Freight Line from a “hold” rating to a “sell” rating in a research note on Wednesday, August 23rd. Cowen restated a “hold” rating and issued a $100.00 price objective on shares of Old Dominion Freight Line in a research note on Friday, September 1st. Stifel Nicolaus restated a “buy” rating and issued a $117.00 price objective (up previously from $111.00) on shares of Old Dominion Freight Line in a research note on Wednesday, December 13th. Finally, Seaport Global Securities restated a “buy” rating on shares of Old Dominion Freight Line in a research note on Tuesday, December 5th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $113.08.

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Old Dominion Freight Line Company Profile

Old Dominion Freight Line, Inc is a union-free motor carrier providing regional, inter-regional and national less-than-truckload (LTL) services. The Company’s LTL services include ground and air expedited transportation for time-sensitive shipments, consumer household pickup and delivery and freight delivery services throughout North America.

Insider Buying and Selling by Quarter for Old Dominion Freight Line (NASDAQ:ODFL)

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