ArcBest (ARCB) Stock Forecast, Price & News

9 Wall Street 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 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 Wall Street research analysts have issued 12 month price objectives for ArcBest's shares. Their ARCB share price forecasts range from $110.00 to $137.00. On average, they anticipate the company's share price to reach $123.90 in the next year. This suggests a possible upside of 26.1% 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 beginning of the year. Since then, ARCB shares have increased by 40.3% and is now trading at $98.26.
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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) issued its quarterly earnings results on Friday, July, 28th. The transportation company reported $1.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.04 by $0.50. The transportation company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. ArcBest had a trailing twelve-month return on equity of 20.06% and a net margin of 4.95%. The firm's revenue for the quarter was down 16.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.30 earnings per share.

ArcBest announced a quarterly dividend on Wednesday, July 26th. Shareholders of record on Wednesday, August 9th will be paid a dividend of $0.12 per share on Wednesday, August 23rd. This represents a $0.48 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date of this dividend 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 0.47%. 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."

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 $98.26.

ArcBest (NASDAQ:ARCB) has a market capitalization of $2.36 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.