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

Old Dominion Freight Line (NASDAQ:ODFL) is expected to be posting its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect Old Dominion Freight Line to post earnings of $1.52 per share and revenue of $1.5394 billion for the quarter. Individuals are encouraged to explore 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 posted 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. Old Dominion Freight Line had a net margin of 18.46% and a return on equity of 23.42%. The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period last year, the company posted $1.19 earnings per share. The business’s quarterly revenue was down 2.9% on a year-over-year basis. 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 Up 1.3%

ODFL opened at $234.79 on Wednesday. The company has a fifty day moving average price of $223.38 and a two-hundred day moving average price of $203.53. Old Dominion Freight Line has a 1-year low of $126.01 and a 1-year high of $252.03. The company has a market cap of $48.83 billion, a P/E ratio of 49.12, a price-to-earnings-growth ratio of 4.19 and a beta of 1.18.

Old Dominion Freight Line Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were paid a $0.29 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $1.16 annualized dividend and a dividend yield of 0.5%. Old Dominion Freight Line’s dividend payout ratio (DPR) is currently 24.27%.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Barclays boosted their target price on Old Dominion Freight Line from $210.00 to $220.00 and gave the company an “equal weight” rating in a research report on Thursday, June 25th. Truist Financial increased their price target on Old Dominion Freight Line from $225.00 to $250.00 and gave the stock a “buy” rating in a report on Wednesday, July 15th. Susquehanna raised their price objective on Old Dominion Freight Line from $224.00 to $228.00 and gave the company a “neutral” rating in a research note on Tuesday, July 14th. Weiss Ratings restated a “hold (c)” rating on shares of Old Dominion Freight Line in a report on Friday, July 10th. Finally, Wolfe Research boosted their price objective on Old Dominion Freight Line from $183.00 to $185.00 and gave the company an “underperform” rating in a report on Tuesday, April 7th. Ten equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Old Dominion Freight Line has an average rating of “Hold” and an average target price of $223.04.

Insider Activity at Old Dominion Freight Line

In other news, Director Greg C. Gantt sold 22,107 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $191.52, for a total transaction of $4,233,932.64. Following the completion of the sale, the director directly owned 88,551 shares of the company’s stock, valued at $16,959,287.52. The trade was a 19.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 10.00% of the stock is currently owned by insiders.

Institutional Trading of Old Dominion Freight Line

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. DV Equities LLC purchased a new stake in shares of Old Dominion Freight Line in the fourth quarter worth approximately $40,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Old Dominion Freight Line in the third quarter valued at approximately $55,000. State of Wyoming purchased a new position in shares of Old Dominion Freight Line during the fourth quarter valued at approximately $57,000. Fairscale Capital LLC purchased a new position in shares of Old Dominion Freight Line during the fourth quarter valued at approximately $86,000. Finally, Resources Management Corp CT ADV boosted its position in shares of Old Dominion Freight Line by 511.1% during the fourth quarter. Resources Management Corp CT ADV now owns 550 shares of the transportation company’s stock valued at $86,000 after buying an additional 460 shares during the last quarter. 77.82% of the stock is owned by institutional investors.

About Old Dominion Freight Line

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.