tiprankstipranks
Trending News
More News >

Old Dominion Freight Announces Increased Quarterly Dividend

Story Highlights
Old Dominion Freight Announces Increased Quarterly Dividend

Confident Investing Starts Here:

Old Dominion Freight ( (ODFL) ) has shared an update.

On May 21, 2025, Old Dominion Freight Line held its Annual Meeting where shareholders voted on several key proposals, including the election of twelve directors, approval of executive compensation, and the 2025 Stock Incentive Plan. The appointment of Ernst & Young LLP as the independent registered public accounting firm was ratified, while a shareholder proposal on emission reduction targets was not approved. On May 22, 2025, the company announced a quarterly cash dividend of $0.28 per share, reflecting a 7.7% increase from the previous year, payable on June 18, 2025.

The most recent analyst rating on (ODFL) stock is a Buy with a $210.00 price target. To see the full list of analyst forecasts on Old Dominion Freight stock, see the ODFL Stock Forecast page.

Spark’s Take on ODFL Stock

According to Spark, TipRanks’ AI Analyst, ODFL is a Outperform.

Old Dominion Freight’s strong financial health and operational efficiencies are significant strengths, though concerns over high valuation and economic headwinds weigh on the score. The company’s ability to maintain high service levels and control costs amid revenue declines is noteworthy.

To see Spark’s full report on ODFL stock, click here.

More about Old Dominion Freight

Old Dominion Freight Line, Inc. is one of the largest North American less-than-truckload (LTL) motor carriers, offering regional, inter-regional, and national LTL services through a single integrated, union-free organization. The company provides expedited transportation through an expansive network of service centers across the continental United States and maintains strategic alliances for LTL services throughout North America. Additionally, it offers value-added services such as container drayage, truckload brokerage, and supply chain consulting.

Average Trading Volume: 2,006,558

Technical Sentiment Signal: Hold

Current Market Cap: $35.84B

See more data about ODFL stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App