ODFL Stock Summary and Trading Ideas (Old Dominion Freight Line | NASDAQ:ODFL)

Old Dominion Freight Line is the second-largest less-than-truckload carrier in the United States (following FedEx Freight), with roughly 260 service centers and 11,000-plus tractors. It is one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns are well above those of its peers. Strategic initiatives focus on increasing network density through market-share gains and on maintaining industry-leading service (including ultralow cargo claims) through steadfast infrastructure investment.

Old Dominion Freight Line trades on the NASDAQ stock market under the symbol ODFL.

As of March 20, 2026, ODFL stock price climbed to $183.92 with 3,429,000 million shares trading.

ODFL has a beta of 0.97, meaning it tends to be less sensitive to market movements. ODFL has a correlation of 0.18 to the broad based SPY ETF.

ODFL has a market cap of $38.46 billion. This is considered a Large Cap stock.

Last quarter Old Dominion Freight Line reported $1 billion in Revenue and $1.09 earnings per share. This beat revenue expectation by $8 million and exceeded earnings estimates by $.03.

In the last 3 years, ODFL traded as high as $233.26 and as low as $73.95.

The top ETF exchange traded funds that ODFL belongs to (by Net Assets): VTI, VOO, VO, QQQ, VUG.

ODFL has underperformed the market in the last year with a price return of +14.8% while the SPY ETF gained +16.6%. However, in the short term, ODFL had mixed performance relative to the market. It has outperformed in the last 3 months, returning +17.0% vs -4.4% return in SPY. But in the last 2 weeks, ODFL shares have been beat by the market, returning -5.2% compared to an SPY return of -3.3%.

ODFL support price is $176.46 and resistance is $188.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ODFL shares will trade within this expected range on the day.