Old Dominion Freight Line (ODFL) Expected to Release Earnings on Wednesday

Old Dominion Freight Line (NASDAQ:ODFL) will likely be issuing its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to announce earnings of $1.53 per share and revenue of $1.5394 billion for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 10:00 AM ET.

Old Dominion Freight Line (NASDAQ:ODFL) last issued its quarterly earnings results on Wednesday, April 29th. The transportation company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.09. The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Old Dominion Freight Line had a return on equity of 23.42% and a net margin of 18.46%.Old Dominion Freight Line’s revenue was down 2.9% on a year-over-year basis. During the same quarter last year, the business earned $1.19 earnings per share. On average, analysts expect Old Dominion Freight Line to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Old Dominion Freight Line Trading Down 2.7%

NASDAQ ODFL opened at $226.77 on Tuesday. The firm has a market capitalization of $47.16 billion, a price-to-earnings ratio of 47.44, a P/E/G ratio of 4.21 and a beta of 1.18. The firm’s 50 day simple moving average is $225.95 and its 200 day simple moving average is $205.46. Old Dominion Freight Line has a 1 year low of $126.01 and a 1 year high of $252.03.

Old Dominion Freight Line Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be issued a dividend of $0.29 per share. The ex-dividend date is Wednesday, September 2nd. This represents a $1.16 annualized dividend and a dividend yield of 0.5%. Old Dominion Freight Line’s dividend payout ratio is 24.27%.

Insider Transactions at Old Dominion Freight Line

In other Old Dominion Freight Line news, Director Greg C. Gantt sold 22,107 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $191.52, for a total value of $4,233,932.64. Following the transaction, the director directly owned 88,551 shares of the company’s stock, valued at approximately $16,959,287.52. This trade represents a 19.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 10.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD grew its position in Old Dominion Freight Line by 14.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,223,960 shares of the transportation company’s stock valued at $2,230,318,000 after buying an additional 1,761,511 shares during the period. State Street Corp grew its position in shares of Old Dominion Freight Line by 0.9% during the 4th quarter. State Street Corp now owns 7,746,286 shares of the transportation company’s stock valued at $1,214,618,000 after acquiring an additional 70,736 shares during the period. Invesco Ltd. increased its stake in shares of Old Dominion Freight Line by 3.8% during the 4th quarter. Invesco Ltd. now owns 2,965,900 shares of the transportation company’s stock worth $465,053,000 after purchasing an additional 107,501 shares during the last quarter. Boston Partners bought a new stake in shares of Old Dominion Freight Line in the 3rd quarter worth approximately $292,599,000. Finally, Lazard Asset Management LLC raised its holdings in shares of Old Dominion Freight Line by 6.2% in the 3rd quarter. Lazard Asset Management LLC now owns 2,054,044 shares of the transportation company’s stock worth $289,168,000 after purchasing an additional 120,564 shares during the period. 77.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Barclays upped their price objective on Old Dominion Freight Line from $210.00 to $220.00 and gave the company an “equal weight” rating in a research note on Thursday, June 25th. Citigroup raised Old Dominion Freight Line from a “sell” rating to a “neutral” rating and set a $228.00 target price for the company in a research report on Thursday, July 9th. Raymond James Financial reaffirmed an “outperform” rating and set a $241.00 target price (up from $224.00) on shares of Old Dominion Freight Line in a report on Monday, July 13th. BMO Capital Markets reiterated an “outperform” rating and issued a $230.00 price target on shares of Old Dominion Freight Line in a research report on Thursday, June 4th. Finally, Evercore upgraded Old Dominion Freight Line from an “in-line” rating to an “outperform” rating in a research report on Wednesday, July 1st. Ten research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Old Dominion Freight Line has an average rating of “Hold” and a consensus target price of $223.04.

Old Dominion Freight Line Company Profile

Old Dominion Freight Line is a U.S.-based less-than-truckload (LTL) transportation company that provides regional, inter-regional and national freight services. Founded in 1934 and headquartered in Thomasville, North Carolina, the company has grown from a regional carrier into a national freight network, operating a broad system of service centers and terminals to move shipments for shippers of varying sizes and industries.

The company’s core business is LTL trucking, offering scheduled pickup and delivery for palletized freight that does not require a full truckload.