Morgan Stanley upgraded Old Dominion Freight Line Inc (ODFL) to Overweight from Equal-Weight on December 7, 2025. The stock is currently priced at $150.60.
This upgrade reflects a more optimistic outlook on the company's prospects, potentially indicating improved fundamentals or confidence in its strategic direction. Old Dominion operates in the Road & Rail industry, providing regional, inter-regional, and national less-than-truckload services through a union-free organization. Headquartered in Thomasville, North Carolina, the company employs 21,895 full-time staff and operates approximately 261 service centers across the continental United States.
As of December 2, 2025, Old Dominion reported a market cap of $29.5 billion, a P/E ratio of 27.90, and an EPS of 4.97. The company has a dividend yield of 80.2%. Upcoming earnings are scheduled for July 28, 2026, with an estimated EPS of $1.35 and revenue of $1.5 billion.
Analyst consensus shows 5 Strong Buy, 9 Buy, 14 Hold, 3 Sell, and 1 Strong Sell ratings, with an overall consensus of Hold. Recent ratings include a maintenance of Neutral by JP Morgan and an upgrade to Outperform by BMO Capital.
Analyst ratings provide insights based on research and financial models, but they should be considered alongside company fundamentals and market conditions. Such decisions reflect changing market dynamics and the evolving outlook for Old Dominion Freight Line Inc.