ArcBest (ARCB) Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ArcBest in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ARCB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ARCB, but not buy additional shares or sell existing shares.
View ARCB analyst ratings or view top-rated stocks.

9 equities research analysts have issued 12 month price objectives for ArcBest's stock. Their ARCB share price forecasts range from $110.00 to $137.00. On average, they anticipate the company's stock price to reach $123.90 in the next year. This suggests a possible upside of 23.6% 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 $70.04 at the start of the year. Since then, ARCB stock has increased by 43.1% and is now trading at $100.26.
View the best growth stocks for 2023 here.

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

ArcBest Co. (NASDAQ:ARCB) released its quarterly earnings data on Friday, July, 28th. The transportation company reported $1.54 EPS for the quarter, missing analysts' consensus estimates of $2.04 by $0.50. The transportation company earned $1.10 billion during the quarter, compared to analyst estimates of $1.11 billion. ArcBest had a net margin of 4.95% and a trailing twelve-month return on equity of 20.06%. The business's revenue for the quarter was down 16.5% on a year-over-year basis. During the same period in the prior year, the business earned $4.30 earnings per share.

ArcBest declared a quarterly dividend on Wednesday, July 26th. Stockholders of record on Wednesday, August 9th will be given a dividend of $0.12 per share on Wednesday, August 23rd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date is Tuesday, August 8th.
Read our dividend analysis for ARCB.

ETFs with the largest weight of ArcBest (NASDAQ:ARCB) stock in their portfolio include SPDR S&P Transportation ETF (XTN), Cambria Value and Momentum ETF (VAMO), Profound Medical (PRN), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Industrials ETF (PSCI), Pacer US Small Cap Cash Cows 100 ETF (CALF), Euclidean Fundamental Value ETF (ECML) and Hypatia Women CEO ETF (WCEO).

ArcBest (NASDAQ:ARCB) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.48%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARCB will have a dividend payout ratio of 5.04% 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 a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (16.12%), Dimensional Fund Advisors LP (7.72%), State Street Corp (4.09%), LSV Asset Management (2.85%), Alliancebernstein L.P. (2.33%) and Geode Capital Management LLC (2.19%). Insiders that own company stock include Craig E Philip, Daniel E Loe, David R Cobb, Dennis L Anderson II, Erin K Gattis, James A Ingram, John Matthew Beasley, Judy R Mcreynolds, Kathleen D Mcelligott, Lawrence Joseph Ellison, Michael E Newcity, Michael P Hogan, Michael R Johns, Seth Runser, Stephen E Gorman, Steven Spinner and Timothy D Thorne.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of ARCB stock can currently be purchased for approximately $100.26.

ArcBest (NASDAQ:ARCB) has a market capitalization of $2.41 billion and generates $5.32 billion in revenue each year. The transportation company earns $298.21 million in net income (profit) each year or $9.46 on an earnings per share basis.

The company employs 15,700 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.