Type
|
Public |
---|---|
Traded as | NASDAQ: ODFL S&P 400 Component |
Industry | Transportation |
Founded | 1934 |
Founder | Earl and Lillian Congdon |
Headquarters | Thomasville, North Carolina, USA |
Area served
|
Worldwide |
Revenue | $ 2.79 billion (2012) |
Website | ODFL.com |
Old Dominion Freight Line, Inc. (NASDAQ: ODFL) is a less-than-truckload (LTL), company. It offers regional, inter-regional and national LTL service. In addition to its core LTL services, the company offers logistics services including ground and air expedited transportation, supply chain consulting, transportation management, truckload brokerage, container delivery and warehousing, as well as household moving services. It contracts with freight forwarding services throughout the world.
The company traces its origins to 1934 when Earl and Lillian Congdon founded the company with a single truck running between Richmond and Norfolk, Virginia.
After Earl Congdon died, Lillian Congdon assumed the presidency and was joined by sons Earl Jr. and Jack. In 1957, Old Dominion extended its operations to most major markets in North Carolina and southern Virginia. Five years later, the company relocated its headquarters to High Point, North Carolina, in 1962 and merged with Bottoms-Fiske trucking company.
Between 1969 and 1979, the company acquired a number of competing trucking lines. With the deregulation of the trucking industry in the 1980s, Old Dominion extended its service area into Florida, Tennessee and California and also started serving the major markets of Chicago and Dallas.
The company went public in 1991.
David Congdon, grandson of the company’s founders, was named president and COO in 1997. Today, he serves as the company’s Vice Chairman and CEO. His father, Earl Congdon Jr., is the company's executive chairman. Greg C. Gantt serves as President and Chief Operating Officer.
The company offers assembly and distribution services and LCL and FCL delivery services to and from all of North America, Central America, South America and the Far East.
The company has five primary product groups: Domestic, Expedited, People, Global, Household Services and Technology. The core business segment for Old Dominion is LTL carrier shipping service. Global offerings include full container load (FCL) and less-than-container load (LCL) service to the Caribbean, Europe, the Far East, Central America and South America. Old Dominion also offers household moving services, and trade show shipping as part of their expedited division to accommodate all logistical needs.
The company operates more than 5,800 tractors and more than 22,500 trailers.
Old Dominion is part of the SmartWay Transport Partnership, a collaboration between freight shippers, carriers, and logistics companies to voluntarily achieve improved fuel efficiency and reduced emissions from freight transport. These technologies include wide-based tires, reducing highway speeds, idle reduction, automatic tire inflation, improved freight logistics, improved aerodynamics and longer combination vehicles.
Old Dominion has won a number of awards for its service and its growth.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q4 2022 | 2023-01-31 | Future report Set alerts | |
Q3 2022 | 2022-09-07 | 0.00 | 0.00 |
Q2 2022 | 2022-07-27 | 3.30 | 3.30 |
Q1 2022 | 2022-04-27 | 2.60 | 2.60 |
Q4 2021 | 2022-02-02 | 2.41 | 2.41 |
Q3 2021 | 2021-10-27 | 2.47 | 2.47 |
Q2 2021 | 2021-07-28 | 2.31 | 2.31 |
Q1 2021 | 2021-04-22 | 1.70 | 1.70 |
Q4 2020 | 2021-02-04 | 1.61 | 1.61 |
Q3 2020 | 2020-10-27 | 1.71 | 1.71 |
2016-06-02 | Reiterated Rating | Longbow Research | Buy | |
2016-04-30 | Reiterated Rating | Morgan Stanley | Buy | |
2016-04-29 | Boost Price Target | Cowen and Company | Market Perform | $65.00 to $69.00 |
2016-04-28 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2016-03-02 | Reiterated Rating | Credit Suisse | Buy | $64.00 to $70.00 |
2016-03-02 | Reiterated Rating | Credit Suisse Group AG | Buy | $64.00 to $70.00 |
2016-02-23 | Reiterated Rating | Morgan Stanley | Overweight | $74.00 |
2016-02-10 | Reiterated Rating | Deutsche Bank | Hold | |
2016-02-10 | Reiterated Rating | Deutsche Bank AG | Hold | |
2016-02-05 | Boost Price Target | Evercore ISI | Hold | $64.00 |
2016-01-15 | Lower Price Target | Evercore ISI | $65.00 to $62.00 | |
2016-01-11 | Reiterated Rating | Deutsche Bank | Hold | $77.00 to $64.00 |
2016-01-07 | Downgrade | RBC Capital | Outperform to Sector Perform | $75.00 to $60.00 |
2016-01-07 | Downgrade | Royal Bank Of Canada | Outperform to Sector Perform | $75.00 to $60.00 |
2015-12-21 | Initiated Coverage | Evercore ISI | Hold | $65.00 |
2015-12-18 | Lower Price Target | Robert W. Baird | $68.00 to $65.00 | |
2015-12-02 | Downgrade | Bank of America | Buy to Neutral | $71.00 to $67.00 |
2015-12-02 | Downgrade | Bank of America Corp. | Buy to Neutral | $71.00 to $67.00 |
2015-10-19 | Lower Price Target | Deutsche Bank | $82.00 to $77.00 | |
2015-10-07 | Downgrade | Citigroup Inc. | Buy to Neutral | |
2015-10-02 | Initiated Coverage | Bank of America | Buy | $70.00 |
2015-09-29 | Reiterated Rating | RBC Capital | Outperform | $83.00 |
2015-09-27 | Reiterated Rating | Deutsche Bank | Hold | $82.00 |
2015-09-23 | Lower Price Target | RBC Capital | Outperform | $90.00 to $83.00 |
2015-08-02 | Reiterated Rating | Cowen and Company | Hold | |
2015-07-31 | Reiterated Rating | Credit Suisse | Buy | $79.00 to $81.00 |
2015-07-31 | Boost Price Target | Deutsche Bank | Hold | $78.00 to $82.00 |
2015-07-31 | Boost Price Target | Cowen and Company | Market Perform | $77.00 to $78.00 |
2015-07-31 | Lower Price Target | RBC Capital | Sector Perform | $84.00 to $81.00 |
2015-06-29 | Upgrade | Stifel Nicolaus | Hold to Buy | $80.00 |
2015-06-02 | Lower Price Target | Deutsche Bank | Hold | $82.00 to $80.00 |
2015-04-01 | Downgrade | Goldman Sachs | Conviction-Buy to Buy | |
2015-04-01 | Downgrade | Goldman Sachs Group Inc. | Conviction-Buy to Buy | |
2015-02-06 | Boost Price Target | Deutsche Bank | Hold | $80.00 to $82.00 |
2015-01-15 | Reiterated Rating | Deutsche Bank | Hold | $73.00 to $80.00 |
2014-10-31 | Reiterated Rating | Deutsche Bank | Hold | $71.00 to $73.00 |
2014-10-31 | Reiterated Rating | Credit Suisse | Outperform | $74.00 to $79.00 |
2014-10-17 | Upgrade | Longbow Research | Neutral to Buy | $79.00 |
2014-09-08 | Boost Price Target | Goldman Sachs | $75.00 to $77.00 | |
2014-09-03 | Reiterated Rating | Credit Suisse | Outperform | $70.00 to $74.00 |
2014-08-01 | Boost Price Target | RBC Capital | $68.00 to $72.00 | |
2014-08-01 | Boost Price Target | Morgan Stanley | $65.00 to $67.00 | |
2014-08-01 | Boost Price Target | Deutsche Bank | $68.00 to $71.00 | |
2014-08-01 | Reiterated Rating | Wunderlich | Hold | $57.00 to $63.00 |
2014-07-08 | Boost Price Target | Robert W. Baird | $67.00 to $68.00 | |
2014-07-07 | Downgrade | Deutsche Bank | Buy to Hold | $67.00 to $68.00 |
2014-05-28 | Boost Price Target | Deutsche Bank | Buy | $65.00 to $67.00 |
2014-04-25 | Reiterated Rating | Deutsche Bank | Buy | $65.00 |
2014-04-25 | Boost Price Target | Cowen and Company | Market Perform | $58.00 to $62.00 |
2014-04-09 | Boost Price Target | Robert W. Baird | $58.00 to $61.00 | |
2014-03-10 | Upgrade | Ned Davis Research | Neutral to Buy | |
2014-01-17 | Boost Price Target | KeyBanc | $56.00 to $60.00 | |
2013-12-16 | Upgrade | Deutsche Bank | Hold to Buy | $49.00 to $59.00 |
2013-12-10 | Downgrade | Longbow Research | Buy to Neutral | $52.00 |
2012-11-21 | Initiated | Wunderlich | Hold | $38 |
2011-10-12 | Reiterated | Deutsche Bank | Buy | $41 to $38 |
2010-12-16 | Reiterated | Longbow | Buy | $33 to $35 |
2010-11-23 | Initiated | KeyBanc Capital Mkts | Buy | $34 |
2010-07-29 | Downgrade | Dahlman Rose | Buy to Hold | |
2009-12-18 | Upgrade | BB&T Capital Mkts | Hold to Buy | |
2009-11-13 | Initiated | Piper Jaffray | Underweight |
2016-06-02 | Reiterated Rating | Longbow Research | Buy | |
2016-04-30 | Reiterated Rating | Morgan Stanley | Buy | |
2016-04-29 | Boost Price Target | Cowen and Company | Market Perform | $65.00 to $69.00 |
2016-04-28 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2016-03-02 | Reiterated Rating | Credit Suisse | Buy | $64.00 to $70.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In ODFL 478 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
Vanguard Group, Inc | 10.79M |
BlackRock Inc. | 9.49M |
PRICE T ROWE ASSOCIATES INC /MD/ | 8.19M |
Capital Research Global Investors | 8.17M |
STATE STREET CORP | 3.83M |
JANUS CAPITAL MANAGEMENT LLC | 2.79M |
BlackRock Fund Advisors | 2.64M |
JPMORGAN CHASE & CO | 2.19M |
GEODE CAPITAL MANAGEMENT, LLC | 2.15M |
FMR LLC | 2.09M |
BlackRock Institutional Trust Company, N.A. | 2.06M |
WCM INVESTMENT MANAGEMENT/CA | 1.55M |
Atlantic Trust Group, LLC | 1.35M |
Invesco Ltd. | 1.20M |
NORTHERN TRUST CORP | 1.14M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
CONGDON JOHN R JR | 1.79% (1542824) | ODFL / |
CONGDON JOHN R Vice Chairman of the Board | 1.00% (858078) | ODFL / |
CONGDON JEFFREY W Member of Section 13(d) group | 0.99% (850440) | ODFL / |
CONGDON DAVID S President and CEO | 0.01% (10958) | ODFL / |
CONGDON EARL E Executive Chairman | 0.01% (10958) | ODFL / |
MCCARTY JOEL B JR Sr. VP, Gen. Counsel & Sec. | 0.01% (10743) | ODFL / |
Gantt Greg C Senior VP - Operations | 0.01% (10520) | ODFL / |
Kasarda John D. | 0.01% (6476) | ODFL / |
SUGGS LEO H | 0.01% (5644) | ODFL / |
Satterfield Adam N CFO, SVP-Finance & Asst. Sec. | 0.01% (5398) | ODFL / |
Freeman Kevin M. Senior Vice President of Sales | 0.01% (5375) | ODFL / |
Overbey Cecil E. Jr. Senior VP of Marketing | 0.01% (5372) | ODFL / |
Bates David J. SVP - Operations | 0.01% (5273) | ODFL / |
Parr Ross H. VP - Legal Affairs, GC & Sec. | 0.01% (4966) | ODFL / |
Wray D. Michael | 0.01% (4894) | ODFL / |