Old Dominion Freight Line, Inc. (NASDAQ: ODFL) Stock: More Upside Ahead?

In the last trading session, 0.94 million Old Dominion Freight Line, Inc. (NASDAQ:ODFL) shares changed hands as the company’s beta touched 1.02. With the company’s per share price at $208.48 changed hands at -$12.0 or -5.44% during last session, the market valuation stood at $45.38B. ODFL’s last price was a discount, traded about -9.27% off its 52-week high of $227.80. The share price had its 52-week low at $147.90, which suggests the last value was 29.06% up since then. When we look at Old Dominion Freight Line, Inc.’s average trading volume, we note the 10-day average is N/A shares, with the 3-month average coming to 1.34 million.

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) trade information

Instantly ODFL was in red as seen at the end of in last trading. With action -3.05%, the performance over the past five days has been red. The drop to weekly highs of 225.78 on N/A, N/A subtracted -5.44% to the stock’s daily price. The company’s shares are showing year-to-date upside of 2.87%, with the 5-day performance at -3.05% in the red. However, in the 30-day time frame, Old Dominion Freight Line, Inc. (NASDAQ:ODFL) is -0.43% down. Looking at the short shares, we see there were N/A shares sold at short interest cover period of N/A days.

Old Dominion Freight Line, Inc. (ODFL) estimates and forecasts

Data shows that the Old Dominion Freight Line, Inc. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 1.10% over the past 6 months, a 12.79% in annual growth rate that is considerably higher than the industry average of 11.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 17.99%. The 2024 estimates are for Old Dominion Freight Line, Inc. earnings to increase by 13.89%, but the outlook for the next 5-year period is at 10.60% per year.

ODFL Dividends

Old Dominion Freight Line, Inc. is expected to release its next quarterly earnings report on April 24. The 0.83% annual yield figure for the share gives it an annual dividend of 1.72. It is important to note, however, that the 0.83% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.