Zacks Research Issues Negative Estimate for ODFL Earnings

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) – Research analysts at Zacks Research cut their Q1 2026 earnings per share (EPS) estimates for shares of Old Dominion Freight Line in a report released on Wednesday, May 14th. Zacks Research analyst M. Basu now forecasts that the transportation company will earn $1.34 per share for the quarter, down from their previous estimate of $1.39. 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 $1.72 EPS and FY2026 earnings at $6.12 EPS.

ODFL has been the topic of a number of other research reports. StockNews.com cut shares of Old Dominion Freight Line from a “hold” rating to a “sell” rating in a research report on Saturday, March 29th. Wells Fargo & Company set a $150.00 price objective on Old Dominion Freight Line and gave the company an “underweight” rating in a research note on Thursday, April 24th. Stifel Nicolaus lowered their target price on Old Dominion Freight Line from $188.00 to $175.00 and set a “buy” rating for the company in a research note on Thursday, April 24th. Bank of America increased their target price on Old Dominion Freight Line from $167.00 to $183.00 and gave the company a “neutral” rating in a report on Friday. Finally, JPMorgan Chase & Co. decreased their price target on Old Dominion Freight Line from $174.00 to $158.00 and set a “neutral” rating on the stock in a research note on Thursday, April 24th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $182.26.

Old Dominion Freight Line Trading Up 0.8%

Shares of ODFL opened at $171.28 on Friday. Old Dominion Freight Line has a fifty-two week low of $144.90 and a fifty-two week high of $233.26. The firm has a market cap of $36.20 billion, a price-to-earnings ratio of 31.26, a PEG ratio of 2.89 and a beta of 1.31. The firm has a 50 day moving average price of $159.51 and a 200-day moving average price of $183.58. 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 (NASDAQ:ODFL) last released its earnings results on Wednesday, April 23rd. The transportation company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.14 by $0.05. Old Dominion Freight Line had a return on equity of 28.02% and a net margin of 20.40%. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the previous year, the company posted $1.34 EPS. Old Dominion Freight Line’s quarterly revenue was down 5.8% compared to the same quarter last year.

Hedge Funds Weigh In On Old Dominion Freight Line

Institutional investors have recently bought and sold shares of the stock. Hantz Financial Services Inc. grew its holdings in shares of Old Dominion Freight Line by 3.6% during the 4th quarter. Hantz Financial Services Inc. now owns 1,568 shares of the transportation company’s stock worth $277,000 after acquiring an additional 55 shares during the period. D.A. Davidson & CO. boosted its position in shares of Old Dominion Freight Line by 1.9% during the fourth quarter. D.A. Davidson & CO. now owns 2,888 shares of the transportation company’s stock valued at $509,000 after purchasing an additional 55 shares in the last quarter. Evergreen Private Wealth LLC grew its stake in Old Dominion Freight Line by 0.9% in the fourth quarter. Evergreen Private Wealth LLC now owns 6,651 shares of the transportation company’s stock worth $1,173,000 after purchasing an additional 59 shares during the period. Lido Advisors LLC raised its holdings in Old Dominion Freight Line by 3.2% in the fourth quarter. Lido Advisors LLC now owns 1,929 shares of the transportation company’s stock worth $340,000 after purchasing an additional 59 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC raised its holdings in Old Dominion Freight Line by 5.5% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,169 shares of the transportation company’s stock worth $206,000 after purchasing an additional 61 shares in the last quarter. 77.82% of the stock is owned by institutional investors.

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.