Zacks Research Has Negative Estimate for ODFL Q3 Earnings

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) – Equities researchers at Zacks Research dropped their Q3 2025 earnings estimates for Old Dominion Freight Line in a research note issued on Wednesday, August 20th. Zacks Research analyst Team now expects that the transportation company will post earnings per share of $1.22 for the quarter, down from their prior forecast of $1.37. The consensus estimate for Old Dominion Freight Line’s current full-year earnings is $5.68 per share. Zacks Research also issued estimates for Old Dominion Freight Line’s Q4 2025 earnings at $1.20 EPS, FY2025 earnings at $4.87 EPS, Q1 2026 earnings at $1.22 EPS, Q2 2026 earnings at $1.48 EPS, Q3 2026 earnings at $1.35 EPS, Q4 2026 earnings at $1.32 EPS and Q1 2027 earnings at $1.46 EPS.

Other equities research analysts have also issued reports about the stock. Susquehanna dropped their price objective on shares of Old Dominion Freight Line from $168.00 to $160.00 and set a “neutral” rating on the stock in a report on Wednesday, June 18th. Benchmark reaffirmed a “hold” rating and issued a $102.00 target price on shares of Old Dominion Freight Line in a research report on Thursday, June 12th. Wells Fargo & Company decreased their target price on shares of Old Dominion Freight Line from $160.00 to $145.00 and set an “underweight” rating for the company in a research report on Thursday, July 31st. Stifel Nicolaus decreased their target price on shares of Old Dominion Freight Line from $183.00 to $168.00 and set a “buy” rating for the company in a research report on Thursday, July 31st. Finally, Barclays set a $155.00 target price on shares of Old Dominion Freight Line and gave the company an “equal weight” rating in a research report on Thursday, July 31st. Eight research analysts have rated the stock with a Buy rating, fourteen have given 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 a consensus target price of $167.62.

Old Dominion Freight Line Trading Down 0.3%

Shares of NASDAQ:ODFL opened at $149.75 on Friday. Old Dominion Freight Line has a 12 month low of $140.91 and a 12 month high of $233.26. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.04. The company’s fifty day simple moving average is $158.52 and its 200 day simple moving average is $164.88. The firm has a market cap of $31.47 billion, a price-to-earnings ratio of 29.25, a PEG ratio of 3.46 and a beta of 1.24.

Old Dominion Freight Line (NASDAQ:ODFL) last issued its quarterly earnings data on Wednesday, July 30th. The transportation company reported $1.27 EPS for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.02). Old Dominion Freight Line had a return on equity of 25.94% and a net margin of 19.42%.The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the previous year, the business earned $1.48 earnings per share. The company’s revenue was down 6.1% on a year-over-year basis.

Old Dominion Freight Line Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 3rd will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, September 3rd. Old Dominion Freight Line’s dividend payout ratio (DPR) is 21.88%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ODFL. Norges Bank bought a new position in shares of Old Dominion Freight Line in the 2nd quarter valued at about $371,961,000. T. Rowe Price Investment Management Inc. grew its position in shares of Old Dominion Freight Line by 1,575.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,447,784 shares of the transportation company’s stock valued at $255,390,000 after acquiring an additional 1,361,397 shares during the period. Nuveen LLC bought a new position in shares of Old Dominion Freight Line in the 1st quarter valued at about $151,107,000. JPMorgan Chase & Co. grew its position in shares of Old Dominion Freight Line by 45.1% in the 1st quarter. JPMorgan Chase & Co. now owns 2,429,750 shares of the transportation company’s stock valued at $402,002,000 after acquiring an additional 754,796 shares during the period. Finally, First Trust Advisors LP grew its position in shares of Old Dominion Freight Line by 63.8% in the 2nd quarter. First Trust Advisors LP now owns 1,521,054 shares of the transportation company’s stock valued at $246,867,000 after acquiring an additional 592,605 shares during the period. Institutional investors own 77.82% of the company’s stock.

About Old Dominion Freight Line

Old Dominion Freight Line, Inc operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting.