ArcBest - ARCB Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ArcBest in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ARCB shares.
View ARCB analyst ratings or view top-rated stocks.

9 Wall Street research analysts have issued 1-year target prices for ArcBest's shares. Their ARCB share price forecasts range from $76.00 to $139.00. On average, they predict the company's share price to reach $113.67 in the next twelve months. This suggests a possible upside of 40.6% from the stock's current price.
View analysts price targets for ARCB or view top-rated stocks among Wall Street analysts.

ArcBest's stock was trading at $119.85 at the beginning of 2022. Since then, ARCB stock has decreased by 32.5% and is now trading at $80.87.
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ArcBest saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 1,440,000 shares, a decrease of 10.0% from the October 31st total of 1,600,000 shares. Based on an average trading volume of 202,500 shares, the days-to-cover ratio is presently 7.1 days. Approximately 6.1% of the company's stock are sold short.
View ArcBest's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
View our ARCB earnings forecast.

ArcBest Co. (NASDAQ:ARCB) announced its earnings results on Tuesday, November, 1st. The transportation company reported $3.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.72 by $0.08. The transportation company earned $1.35 billion during the quarter, compared to analyst estimates of $1.34 billion. ArcBest had a trailing twelve-month return on equity of 35.11% and a net margin of 6.20%. The business's revenue for the quarter was up 33.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.59 earnings per share.

ArcBest announced a quarterly dividend on Friday, October 28th. Investors of record on Friday, November 11th will be given a dividend of $0.12 per share on Friday, November 25th. This represents a $0.48 annualized dividend and a yield of 0.59%. The ex-dividend date of this dividend is Wednesday, November 9th.
Read our dividend analysis for ARCB.

ArcBest (NASDAQ:ARCB) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.58%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 3.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARCB will have a dividend payout ratio of 4.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ARCB.

137 employees have rated ArcBest Chief Executive Officer Judy R. McReynolds on Glassdoor.com. Judy R. McReynolds has an approval rating of 85% among the company's employees. 77.0% of employees surveyed would recommend working at ArcBest to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other ArcBest investors own include YRC Worldwide (YRCW), Intel (INTC), Energy Transfer (ET), Pfizer (PFE), Delta Air Lines (DAL), Boeing (BA), American Airlines Group (AAL), Advanced Micro Devices (AMD), Southwest Airlines (LUV) and Valero Energy (VLO).

ArcBest trades on the NASDAQ under the ticker symbol "ARCB."

ArcBest's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.35%), Vanguard Group Inc. (10.96%), Dimensional Fund Advisors LP (7.55%), State Street Corp (4.08%), Alliancebernstein L.P. (2.96%) and LSV Asset Management (2.91%). Insiders that own company stock include Craig E Philip, Daniel E Loe, David R Cobb, Erin K Gattis, James A Ingram, Judy R Mcreynolds, Kathleen D Mcelligott, Lawrence Joseph Ellison, Michael E Newcity, Michael P Hogan, Michael R Johns, Stephen E Gorman, Steven Spinner and Timothy D Thorne.
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Shares of ARCB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ARCB stock can currently be purchased for approximately $80.87.

ArcBest (NASDAQ:ARCB) has a market capitalization of $1.97 billion and generates $3.98 billion in revenue each year. The transportation company earns $213.52 million in net income (profit) each year or $12.65 on an earnings per share basis.

The company employs 14,000 workers across the globe.

ArcBest's mailing address is 8401 McClure Drive, FORT SMITH AR, 72916. The official website for the company is www.arcb.com. The transportation company can be reached via phone at (479) 785-6000, via email at invrel@arcb.com, or via fax at 479-785-6004.