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

Old Dominion Freight Line (NASDAQ:ODFL) will likely be announcing its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect the company to post earnings of $1.61 per share and revenue of $1.57 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 10:00 AM ET.

Old Dominion Freight Line (NASDAQ:ODFL) last released its quarterly earnings data on Wednesday, July 29th. The transportation company reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.14. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Old Dominion Freight Line had a net margin of 19.44% and a return on equity of 24.87%. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.27 earnings per share. On average, analysts expect Old Dominion Freight Line to post $5.86 EPS for the current fiscal year and $6.73 EPS for the next fiscal year.

Old Dominion Freight Line Stock Performance

Shares of NASDAQ:ODFL opened at $182.70 on Monday. The company has a market cap of $37.88 billion, a price-to-earnings ratio of 35.20, a price-to-earnings-growth ratio of 3.02 and a beta of 1.20. The company has a 50-day moving average price of $186.11 and a 200-day moving average price of $207.32. Old Dominion Freight Line has a 12 month low of $126.01 and a 12 month high of $252.03.

Old Dominion Freight Line Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Wednesday, December 2nd will be paid a $0.29 dividend. The ex-dividend date of this dividend is Wednesday, December 2nd. This represents a $1.16 annualized dividend and a dividend yield of 0.6%. Old Dominion Freight Line’s dividend payout ratio (DPR) is presently 22.35%.

Insider Activity

In related news, SVP Cecil Overbey, Jr. sold 19,952 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $198.39, for a total transaction of $3,958,277.28. Following the completion of the transaction, the senior vice president directly owned 22,746 shares in the company, valued at approximately $4,512,578.94. The trade was a 46.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 8.20% of the company’s stock.

More Old Dominion Freight Line News

Here are the key news stories impacting Old Dominion Freight Line this week:

• Positive Sentiment: Old Dominion declared a quarterly dividend of $0.29 per share, payable December 16 to shareholders of record December 2. The payout provides modest income support, although the approximately 0.6% yield is unlikely to be a major stock catalyst. Old Dominion dividend announcement
• Positive Sentiment: Analysts expect strong year-over-year earnings growth in the upcoming report, while Zacks says Old Dominion’s history of earnings beats and current estimate trends could support another upside surprise. Old Dominion earnings estimate analysis
• Neutral Sentiment: Institutional positioning is mixed: 510 investors added shares in the latest quarter, while 448 reduced positions. Several large funds made sizable purchases, but other major holders cut exposure, offering no clear consensus signal.
• Neutral Sentiment: Analyst price targets remain materially above the current trading level, with a reported six-month median target of $234, but recent target reductions suggest expectations are becoming more cautious.
• Negative Sentiment: Investors appear cautious before the October 28 earnings release. August revenue per day increased 12.4%, helped by pricing, but tons per day fell 0.9% and shipments per day declined 2.4%, raising concerns about underlying freight demand. Old Dominion shares and freight signals
• Negative Sentiment: A separate analysis argues that ODFL looks expensive relative to its cash-flow generation, increasing downside risk if earnings or guidance fail to exceed elevated expectations. Old Dominion valuation analysis
• Negative Sentiment: Higher fuel costs are creating a broader competitive disadvantage for trucking companies versus railroads, potentially pressuring operating margins across the freight sector. Railroads and fuel costs

Wall Street Analysts Forecast Growth

ODFL has been the topic of a number of research analyst reports. Sanford C. Bernstein initiated coverage on Old Dominion Freight Line in a report on Thursday, September 10th. They set a “market perform” rating and a $200.00 price target on the stock. Wells Fargo & Company raised shares of Old Dominion Freight Line from an “underweight” rating to an “overweight” rating and raised their target price for the stock from $235.00 to $250.00 in a research report on Wednesday, July 8th. Truist Financial set a $230.00 price target on shares of Old Dominion Freight Line and gave the company a “buy” rating in a research report on Wednesday, October 7th. Citigroup upgraded shares of Old Dominion Freight Line from a “neutral” rating to a “buy” rating and dropped their price target for the stock from $231.00 to $223.00 in a research note on Tuesday, September 8th. Finally, Wall Street Zen cut Old Dominion Freight Line from a “buy” rating to a “hold” rating in a research report on Sunday. Ten equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Old Dominion Freight Line presently has an average rating of “Hold” and an average target price of $223.48.

About Old Dominion Freight Line

Old Dominion Freight Line, Inc is a transportation company specializing in less-than-truckload (LTL) freight services. It transports shipments that do not require a full truck, serving business customers across a range of industries with regional, interregional and national freight transportation.

The company’s services include pickup and delivery, expedited transportation, container drayage and supply-chain solutions. Old Dominion also provides shipment tracking and other technology-enabled tools designed to support freight visibility and customer logistics management.

Founded in 1934 by Earl Congdon, Old Dominion Freight Line is headquartered in Thomasville, North Carolina.