|Bid||105.01 x 800|
|Ask||154.87 x 800|
|Day's Range||144.95 - 147.69|
|52 Week Range||115.00 - 170.22|
|Beta (3Y Monthly)||1.57|
|PE Ratio (TTM)||18.99|
|Earnings Date||Jul 24, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||0.68 (0.47%)|
|1y Target Est||154.75|
Old Dominion Freight Line, Inc. (ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.17 per share of common stock, payable on June 19, 2019, to shareholders of record at the close of business on June 5, 2019. The Company also announced that its Board of Directors has approved a new two-year stock repurchase program authorizing the repurchase of up to $350 million of its outstanding common stock. This new repurchase program will commence upon the expiration of the current two-year repurchase program, which was announced on May 17, 2018.
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Old Dominion Freight Line Inc NASDAQ/NGS:ODFLView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for ODFL with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $2.87 billion over the last one-month into ETFs that hold ODFL are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Increase in LTL revenue per hundredweight drives Old Dominion's (ODFL) Q1 results. Improvement in operating ratio is also encouraging.
Old Dominion Freight Line, the Official Freight Carrier of Major League Baseball, donated more than 12,000 baseballs to Pitch In For Baseball & Softball (PIFBS). The baseballs came out of Old Dominion’s “clear” baseball-filled trailer that traveled around the country in 2017 and 2018, visiting the MLB All-Star Game, MLB stadiums and OD service centers on a marketing and promotional tour. Founded in 2005, Pitch In For Baseball & Softball helps give boys and girls access to recreation and contributes to positive youth development by providing baseball and softball equipment to children around the world.
The company acknowledged that revenue growth wasn't as good as anticipated, but it continued to create operating efficiency gains to deliver bottom-line results.
UPS Slides ~6% as Q1 Earnings and Revenue Miss Estimates(Continued from Prior Part)Full-year outlookAlongside its release of its first-quarter earnings results, United Parcel Service (UPS) has updated its guidance for 2019. Despite sluggish revenue
Old Dominion Freight Lines (NASDAQ: ODFL) reported its financial results for the first quarter of 2019 before the markets opened on April 25. ODFL grew top line revenue by 7.1 percent year-over-year to $990.7 million and improved its operating ratio by 190 basis points to 82 percent. "Old Dominion began 2019 with strong financial results for the first quarter, which included growth in our pre-tax income that exceeded 20.0% for the eighth straight quarter," said Greg C. Gantt, president and chief executive officer of Old Dominion, in a statement.
UPS Slides ~6% as Q1 Earnings and Revenue Miss EstimatesUPS misses expectations Shares of United Parcel Service (UPS) opened ~6% lower today after the company announced its first-quarter earnings results, which fell short of analysts’
On a per-share basis, the Thomasville, North Carolina-based company said it had net income of $1.64. The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks ...
Why Analysts Expect United Parcel Service's Q1 Earnings to Fall(Continued from Prior Part)Analysts’ recommendations Analysts polled by Reuters have given United Parcel Service (UPS) a consensus rating of ~2.56 and a “hold” recommendation.
Why Analysts Expect United Parcel Service's Q1 Earnings to FallEarnings likely to fallUnited Parcel Service (UPS) is scheduled to report its first-quarter earnings results on April 25. The delivery giant has an impressive record of beating earnings
Today we'll look at Old Dominion Freight Line, Inc. (NASDAQ:ODFL) and reflect on its potential as an investment. To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the bus...
Old Dominion (ODFL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
THOMASVILLE, N.C., April 17, 2019 -- Forbes announced today that Old Dominion Freight Line, Inc. was named to its 2019 list of America’s Best Employers. This list identifies.
The 26,000 unionized employees at three of less-than-truckload (LTL) carrier YRC Worldwide, Inc.'s (NASDAQ: YRCW) units will spend the next 17 days mulling over a tentative contract that will dictate their livelihood for the next five years, and could determine if the units live or die. The top management at YRC's Overland Park, Kansas headquarters have arrived at their own fork in the road. According to executives familiar with YRC's operations, CEO Darren Hawkins and the company's leadership are all too aware of the profit drag of the high-volume accounts.
Less-than-truckload (LTL) carrier Old Dominion Freight Line (NASDQ: ODFL) is putting through a 4.9 percent rate increase effective May 1. Similar to last year, Todd Polen, Old Dominion's vice president of pricing services, said of the increase: "This GRI [general rate increase] will affect our class tariffs and is intended to partially offset the rising costs of new equipment, real estate, technology investments and competitive employee wage and benefit packages. In early March Old Dominion gave an update on the company's first quarter performance that up to that point was mixed.
THOMASVILLE, N.C., April 15, 2019 -- Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced a general rate increase (GRI) of 4.9 percent applicable to rates established.
Is Old Dominion Freight Line, Inc. (NASDAQ:ODFL) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting for […]
Old Dominion Freight Line, a New York Mets partner since 2015, will have new and innovative three-dimensional in-stadium signage at Citi Field this season featuring a replica of an Old Dominion tractor-trailer. Located in right-center field above the bullpen, this activation is unveiling just in time for the Mets Opening Day against the Washington Nationals on April 4. The new signage is an opportunity to activate the 2019 season and continue longtime partnership with Old Dominion as the Official Freight Carrier of the New York Mets.