Zacks Research Has Bullish Forecast for ODFL Q1 Earnings

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) – Equities researchers at Zacks Research upped their Q1 2026 earnings per share (EPS) estimates for shares of Old Dominion Freight Line in a research report issued on Tuesday, February 25th. Zacks Research analyst M. Basu now anticipates that the transportation company will earn $1.39 per share for the quarter, up from their prior forecast of $1.31. 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 Q2 2026 earnings at $1.94 EPS and FY2026 earnings at $6.69 EPS.

Other equities research analysts have also recently issued reports about the company. Citigroup increased their price target on Old Dominion Freight Line from $201.00 to $241.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. Jefferies Financial Group raised their price objective on Old Dominion Freight Line from $185.00 to $190.00 and gave the stock a “hold” rating in a research note on Friday, January 10th. StockNews.com upgraded Old Dominion Freight Line from a “sell” rating to a “hold” rating in a research note on Saturday, February 15th. Barclays reduced their price objective on Old Dominion Freight Line from $220.00 to $210.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. Finally, Morgan Stanley raised their price objective on Old Dominion Freight Line from $165.00 to $170.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, sixteen have given a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $203.72.

Old Dominion Freight Line Trading Down 0.5 %

Old Dominion Freight Line stock opened at $174.77 on Friday. The stock has a 50-day moving average of $187.66 and a two-hundred day moving average of $197.33. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.33 and a current ratio of 1.33. Old Dominion Freight Line has a one year low of $165.49 and a one year high of $233.26. The stock has a market cap of $37.31 billion, a PE ratio of 31.89, a price-to-earnings-growth ratio of 2.89 and a beta of 1.05.

Old Dominion Freight Line (NASDAQ:ODFL) last issued its quarterly earnings data on Wednesday, February 5th. The transportation company reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.06. Old Dominion Freight Line had a return on equity of 28.02% and a net margin of 20.40%.

Old Dominion Freight Line Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th will be issued a $0.28 dividend. This is a positive change from Old Dominion Freight Line’s previous quarterly dividend of $0.26. This represents a $1.12 annualized dividend and a yield of 0.64%. The ex-dividend date of this dividend is Wednesday, March 5th. Old Dominion Freight Line’s dividend payout ratio (DPR) is presently 18.98%.

Institutional Trading of Old Dominion Freight Line

Institutional investors have recently bought and sold shares of the business. Whipplewood Advisors LLC acquired a new stake in Old Dominion Freight Line in the fourth quarter valued at approximately $35,000. RPg Family Wealth Advisory LLC acquired a new stake in Old Dominion Freight Line in the third quarter valued at approximately $45,000. Itau Unibanco Holding S.A. grew its holdings in Old Dominion Freight Line by 518.9% in the fourth quarter. Itau Unibanco Holding S.A. now owns 229 shares of the transportation company’s stock valued at $40,000 after purchasing an additional 192 shares during the period. Synergy Asset Management LLC acquired a new stake in Old Dominion Freight Line in the fourth quarter valued at approximately $41,000. Finally, Brown Brothers Harriman & Co. grew its holdings in Old Dominion Freight Line by 398.1% in the third quarter. Brown Brothers Harriman & Co. now owns 269 shares of the transportation company’s stock valued at $53,000 after purchasing an additional 215 shares during the period. 77.82% of the stock is owned by institutional investors and hedge funds.

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.