Barclays Issues Positive Forecast for Old Dominion Freight Line (NASDAQ:ODFL) Stock Price

Posted by Brenda Bartman on Jun 25th, 2026

Old Dominion Freight Line (NASDAQ:ODFL – Get Free Report) had its price objective lifted by investment analysts at Barclays from $210.00 to $220.00 in a research report issued on Thursday,MarketScreener reports. Barclays‘s price objective indicates a potential upside of 0.44% from the company’s current price.

ODFL has been the subject of several other reports. BMO Capital Markets reaffirmed an “outperform” rating and set a $230.00 price objective on shares of Old Dominion Freight Line in a report on Thursday, June 4th. Raymond James Financial reissued an “outperform” rating and set a $224.00 target price on shares of Old Dominion Freight Line in a research report on Thursday, April 30th. Benchmark restated a “hold” rating on shares of Old Dominion Freight Line in a report on Thursday, June 4th. Stephens reaffirmed an “overweight” rating and issued a $240.00 price target (up from $232.00) on shares of Old Dominion Freight Line in a research report on Thursday, April 30th. Finally, TD Cowen reaffirmed a “hold” rating on shares of Old Dominion Freight Line in a research report on Wednesday, June 3rd. Nine equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $218.57.

Read Our Latest Research Report on Old Dominion Freight Line

Old Dominion Freight Line Price Performance

Shares of NASDAQ:ODFL opened at $219.04 on Thursday. The stock has a market capitalization of $45.55 billion, a P/E ratio of 45.82, a P/E/G ratio of 4.37 and a beta of 1.17. The business has a 50-day moving average of $218.27 and a two-hundred day moving average of $194.58. Old Dominion Freight Line has a fifty-two week low of $126.01 and a fifty-two week high of $252.03.

Old Dominion Freight Line (NASDAQ:ODFL – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The transportation company reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.09. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. Old Dominion Freight Line had a return on equity of 23.42% and a net margin of 18.46%.The firm’s revenue was down 2.9% compared to the same quarter last year. During the same period last year, the business earned $1.19 EPS. As a group, research analysts expect that Old Dominion Freight Line will post 5.43 EPS for the current fiscal year.

Insider Activity at Old Dominion Freight Line

In related news, Director Greg C. Gantt sold 22,107 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $191.52, for a total value of $4,233,932.64. Following the completion of the sale, the director owned 88,551 shares in the company, valued at approximately $16,959,287.52. This trade represents a 19.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 10.00% of the company’s stock.

Hedge Funds Weigh In On Old Dominion Freight Line

Several large investors have recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of Old Dominion Freight Line by 80.5% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 139 shares of the transportation company’s stock worth $27,000 after purchasing an additional 62 shares in the last quarter. Reflection Asset Management acquired a new position in shares of Old Dominion Freight Line in the fourth quarter valued at $28,000. Evolution Wealth Management Inc. acquired a new position in shares of Old Dominion Freight Line in the first quarter valued at $29,000. DT Investment Partners LLC lifted its position in Old Dominion Freight Line by 600.0% in the fourth quarter. DT Investment Partners LLC now owns 210 shares of the transportation company’s stock worth $33,000 after purchasing an additional 180 shares during the period. Finally, Cassaday & Co Wealth Management LLC bought a new position in Old Dominion Freight Line in the first quarter worth $39,000. Institutional investors and hedge funds own 77.82% of the company’s stock.

About Old Dominion Freight Line

(Get Free Report)

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.