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 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ARCB shares.
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9 brokerages have issued twelve-month target prices for ArcBest's shares. Their ARCB share price forecasts range from $76.00 to $140.00. On average, they predict the company's share price to reach $116.33 in the next twelve months. This suggests a possible upside of 64.5% from the stock's current price.
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ArcBest's stock was trading at $119.85 at the beginning of the year. Since then, ARCB shares have decreased by 41.0% and is now trading at $70.74.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our ARCB earnings forecast.

ArcBest Co. (NASDAQ:ARCB) announced its quarterly earnings data on Friday, July, 29th. The transportation company reported $4.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.91 by $0.39. The transportation company earned $1.39 billion during the quarter, compared to the consensus estimate of $1.37 billion. ArcBest had a net margin of 6.11% and a trailing twelve-month return on equity of 33.83%. ArcBest's quarterly revenue was up 46.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.97 earnings per share.

ArcBest announced a quarterly dividend on Wednesday, July 27th. Shareholders of record on Wednesday, August 10th will be paid a dividend of $0.12 per share on Wednesday, August 24th. This represents a $0.48 annualized dividend and a dividend yield of 0.68%. The ex-dividend date is Tuesday, August 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 0.68%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARCB will have a dividend payout ratio of 3.97% 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 shareholders include State Street Corp (4.12%), abrdn plc (1.90%), JPMorgan Chase & Co. (1.85%), Northern Trust Corp (1.72%), Renaissance Technologies LLC (1.56%) and Goldman Sachs Group Inc. (1.55%). 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.
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.
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One share of ARCB stock can currently be purchased for approximately $70.74.

ArcBest (NASDAQ:ARCB) has a market capitalization of $1.74 billion and generates $3.98 billion in revenue each year. The transportation company earns $213.52 million in net income (profit) each year or $11.53 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.