Analysts’ Weekly Ratings Updates for Old Dominion Freight Line (ODFL)

A number of firms have modified their ratings and price targets on shares of Old Dominion Freight Line (NASDAQ: ODFL) recently:

• 4/7/2026 – Old Dominion Freight Line had its price target raised by JPMorgan Chase & Co. from $182.00 to $183.00. They now have a “neutral” rating on the stock.
• 4/7/2026 – Old Dominion Freight Line was upgraded by Wells Fargo & Company from “underweight” to “equal weight”. They now have a $200.00 price target on the stock, up from $165.00.
• 4/6/2026 – Old Dominion Freight Line had its price target raised by Morgan Stanley from $209.00 to $215.00. They now have an “overweight” rating on the stock.
• 3/27/2026 – Old Dominion Freight Line had its price target raised by Evercore Inc from $200.00 to $201.00.
• 3/10/2026 – Old Dominion Freight Line had its price target raised by JPMorgan Chase & Co. from $168.00 to $182.00. They now have a “neutral” rating on the stock.
• 3/4/2026 – Old Dominion Freight Line had its “hold” rating reaffirmed by Benchmark Co..
• 3/3/2026 – Old Dominion Freight Line had its price target raised by Jefferies Financial Group Inc. from $195.00 to $210.00. They now have a “hold” rating on the stock.
• 2/19/2026 – Old Dominion Freight Line had its “outperform” rating reaffirmed by BMO Capital Markets.
• 2/12/2026 – Old Dominion Freight Line was upgraded by Argus from “hold” to “buy”. They now have a $220.00 price target on the stock.
• 2/11/2026 – Old Dominion Freight Line had its “neutral” rating reaffirmed by Susquehanna. They now have a $205.00 price target on the stock, up from $185.00.
• 2/10/2026 – Old Dominion Freight Line was upgraded by Zacks Research from “strong sell” to “hold”.

Old Dominion Freight Line Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were given a dividend of $0.29 per share. This is an increase from Old Dominion Freight Line’s previous quarterly dividend of $0.28. The ex-dividend date was Wednesday, March 4th. This represents a $1.16 annualized dividend and a dividend yield of 0.6%. Old Dominion Freight Line’s dividend payout ratio (DPR) is presently 24.02%.

Insider Activity

In other news, Director Bradley R. Gabosch sold 3,134 shares of Old Dominion Freight Line stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $194.27, for a total transaction of $608,842.18. Following the sale, the director directly owned 11,278 shares in the company, valued at approximately $2,190,977.06. The trade was a 21.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman David S. Congdon sold 52,000 shares of Old Dominion Freight Line stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $194.77, for a total transaction of $10,128,040.00. Following the sale, the chairman owned 712,800 shares in the company, valued at approximately $138,832,056. This trade represents a 6.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 80,134 shares of company stock worth $15,640,132. Corporate insiders own 10.00% of the company’s stock.

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.