Zacks Investment Research reports that Old Dominion Freight Line has seen upward revisions to its earnings estimates for the third and fourth quarters of 2026, as well as for full-year 2026 and 2027, over the past 60 days. The firm highlights Old Dominion's disciplined cost-based pricing, which lifted LTL revenue per hundredweight by 2.4% in 2024 and 3.9% year over year in 2025, and its strong balance sheet, with $283.9 million in cash versus $20 million in debt at the end of the second quarter of 2026. The company paid $235.6 million in dividends and repurchased $730.3 million in shares during 2025, and in the first six months of this year it repurchased $239.7 million in shares and paid $120.7 million in cash dividends. Despite a 28.5% year-to-date gain that trails the transportation-truck industry's 35.1% surge, Zacks views the stock as a Buy with a Zacks Rank #2, though it notes a forward 12-month price-to-earnings ratio of 31.93 times versus the industry's 28.5 times.
Old Dominion Freight Line IncZacks raises EPS estimates and reiterates Buy rating, citing strong pricing and balance sheet.
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