Old Dominion Freight Line Stock News

Old Dominion Freight Line saw a continuation of robust growth rates during November. The less-than-truckload carrier credited a strong economy and its efforts to win market share as the reasons.

Old Dominion Freight Line Inc (NASDAQ: ODFL) reported less-than-truckload (LTL) operating metrics for November 2021. LTL Revenue per day increased 29.9% compared to November 2020, reflecting an 11.

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (LTL) operating metrics for November 2021. Revenue per day increased 29.9% as compared to November 2020 due to an 11.5% increase in LTL tons per day and an increase in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 15.2% increase in LTL shipments per day that was partially offset by a 3.2% decrease in LTL weight per shipment. For th

Benchmark began coverage on shares of Old Dominion Freight Line (NASDAQ:ODFL) in a research report sent to investors on Friday morning, The Fly reports. The firm issued a hold rating on the transportation companys stock. Other equities analysts have also recently issued research reports about the company. Bank of America boosted their price objective on []

Related Stocks: MORN , DSY , FIVE , HDFCBANK , GLOB , MPWR , 6532 , ODFL , AME , HEI.A , WEX , G24 , JKHY , 00345 ,

Improved freight market conditions are benefiting Old Dominion Freight Line (ODFL).

Nisa Investment Advisors LLC reduced its position in shares of Old Dominion Freight Line, Inc. (NASDAQ:ODFL) by 10.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 61,678 shares of the transportation companys stock after selling 7,235 shares during the quarter. Nisa Investment Advisors []

Here is how Old Dominion Freight Line (ODFL) and Ryder (R) have performed compared to their sector so far this year.

Old Dominion Freight Line (NASDAQ:ODFL) had its price objective hoisted by KeyCorp from $350.00 to $375.00 in a report released on Tuesday, The Fly reports. The firm currently has an overweight rating on the transportation companys stock. Several other equities analysts have also recently weighed in on the stock. Bank of America raised their price [] The post KeyCorp Raises Old Dominion Freight Line (NASDAQ:ODFL) Price Target to $375.00 appeared first on ETF Daily News .

KeyBanc analyst Todd Fowler raised Old Dominion Freight Line Inc's (NASDAQ:ODFL) price target to $375 (an upside of 5%) from $350 and maintained an Overweight rating on the shares. The analyst an

Thrivent Financial for Lutherans lessened its holdings in shares of Old Dominion Freight Line, Inc. (NASDAQ:ODFL) by 4.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 559,445 shares of the transportation companys stock after selling 24,517 shares during []

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) declared a quarterly dividend on Thursday, October 21st, RTT News reports. Shareholders of record on Wednesday, December 1st will be paid a dividend of 0.20 per share by the transportation company on Wednesday, December 15th. This represents a $0.80 dividend on an annualized basis and a yield of 0.23%. []

During the last session, Old Dominion Freight Line Inc. (NASDAQ:ODFL)s traded shares were 0.36 million, with the beta value of the company hitting 1.03. At the end of the trading day, the stocks price was $352.06, reflecting an intraday loss of -1.89% or -$6.77. The 52-week high for the ODFL share is $364.07, that puts Old Dominion Freight Line Inc. (NASDAQ: ODFL) Continues To Thrive In 2021, As Its Stock Is Up 80.38% Year-To-Date Read More »

Brokerages predict that Old Dominion Freight Line, Inc. (NASDAQ:ODFL) will report earnings of $2.23 per share for the current quarter, according to Zacks. Three analysts have made estimates for Old Dominion Freight Lines earnings, with the highest EPS estimate coming in at $2.32 and the lowest estimate coming in at $2.17. Old Dominion Freight Line []