Old Dominion Freight Line, Inc. (ODFL)

ODFL's stock has rebounded, climbing approximately 38% from its 52-week low in late November 2025. Over the last 30 days, the stock was up 10.23%, and over the past six months, it saw a 6.60% increase. On October 29, 2025, Old Dominion Freight Line reported third-quarter 2025 earnings per diluted share of $1.28, surpassing analyst expectations despite a decline in revenue. In January 2026, Zacks Research downgraded Old Dominion Freight Line to a "Strong Sell" rating. In December 2025, Bank of America raised its price target for ODFL, and Stephens reissued an "overweight" rating with a $190.00 target price.

Demand for Old Dominion Freight Line's services is closely tied to the industrial economy. The company has observed seasonality in its demand, with revenue per day decreasing in November 2024. The sequential performance in the fourth quarter of 2024 was slightly below historical averages, indicating ongoing economic challenges. There was a sequential improvement in demand observed in February and March 2025, suggesting potential signs of recovery.

Old Dominion Freight Line, Inc. (ODFL) operates in the Industrials sector, focusing on Cargo Ground Transportation and Trucking. The company specializes in less-than-truckload (LTL) shipping and offers a range of product groups, including Domestic, Expedited, People, Global, Household Services, and Technology. ODFL provides global services such as full container load (FCL) and less-than-container load (LCL) to various regions and offers logistics and supply chain solutions, including container drayage, truckload brokerage, warehousing and distribution, freight consolidation, and supply chain consulting.

Old Dominion Freight Line has an extensive geographic footprint, operating across all 50 U.S. states, Canada, Mexico, Puerto Rico, and the US Virgin Islands. As of July 2023, the company managed over 256 service centers, with its corporate headquarters in Thomasville, North Carolina. Its domestic LTL capabilities provide nationwide coverage across the 48 contiguous states, supported by over 260 service centers serving various U.S. regions.

Old Dominion Freight Line has a strong brand reputation, recognized for its reliability, efficiency, and customer service. Shippers have named ODFL their #1 National LTL Carrier for Quality for 16 consecutive years. ODFL's strategic management and robust network have positioned it favorably to navigate industry headwinds.

Old Dominion Freight Line's ownership is primarily held by institutional investors, who collectively own between approximately 62.65% and 79% of the company's stock. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., Price T Rowe Associates Inc /md/, and State Street Corp. The Congdon family, the company's founders, also maintains a significant ownership stake, holding 11.8% of the company.