ArcBest (ARCB) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ArcBest in the last year. There are currently 1 sell rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ARCB shares.
View ARCB analyst ratings or view top-rated stocks.

6 analysts have issued 12-month price targets for ArcBest's stock. Their ARCB share price forecasts range from $91.00 to $136.00. On average, they anticipate the company's share price to reach $116.25 in the next twelve months. This suggests a possible upside of 36.5% from the stock's current price.
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ArcBest's stock was trading at $70.04 at the beginning of 2023. Since then, ARCB stock has increased by 21.6% and is now trading at $85.19.
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The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our ARCB earnings forecast.

ArcBest Co. (NASDAQ:ARCB) released its quarterly earnings data on Friday, April, 28th. The transportation company reported $1.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.13 by $0.55. The transportation company had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.16 billion. ArcBest had a trailing twelve-month return on equity of 27.05% and a net margin of 5.89%. ArcBest's quarterly revenue was down 12.8% on a year-over-year basis. During the same period in the previous year, the business earned $3.08 earnings per share.

ArcBest declared a quarterly dividend on Wednesday, April 26th. Investors of record on Wednesday, May 10th will be given a dividend of $0.12 per share on Wednesday, May 24th. This represents a $0.48 annualized dividend and a dividend yield of 0.56%. The ex-dividend date of this dividend is Tuesday, May 9th.
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), Profound Medical (PRN), Cambria Value and Momentum ETF (VAMO), Invesco S&P SmallCap Industrials ETF (PSCI), ETC 6 Meridian Small Cap Equity ETF (SIXS), Pacer US Small Cap Cash Cows 100 ETF (CALF), Hypatia Women CEO ETF (WCEO) and Invesco S&P SmallCap Value with Momentum ETF (XSVM).

ArcBest (NASDAQ:ARCB) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.55%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARCB will have a dividend payout ratio of 4.26% 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (16.61%), Dimensional Fund Advisors LP (7.67%), State Street Corp (4.15%), LSV Asset Management (2.84%), Geode Capital Management LLC (2.16%) and abrdn plc (1.82%). 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 $85.19.

ArcBest (NASDAQ:ARCB) has a market capitalization of $2.04 billion and generates $5.32 billion in revenue each year. The transportation company earns $298.21 million in net income (profit) each year or $11.82 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.