C.H. Robinson Worldwide - CHRW Stock Forecast, Price & News

24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for C.H. Robinson Worldwide in the last year. There are currently 6 sell ratings, 15 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CHRW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHRW, but not buy additional shares or sell existing shares.
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24 equities research analysts have issued 1 year price objectives for C.H. Robinson Worldwide's stock. Their CHRW share price forecasts range from $64.00 to $128.00. On average, they expect the company's stock price to reach $98.81 in the next twelve months. This suggests that the stock has a possible downside of 6.1%.
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C.H. Robinson Worldwide's stock was trading at $91.56 at the beginning of 2023. Since then, CHRW shares have increased by 14.9% and is now trading at $105.22.
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C.H. Robinson Worldwide saw a increase in short interest in January. As of January 15th, there was short interest totaling 13,910,000 shares, an increase of 25.5% from the December 31st total of 11,080,000 shares. Based on an average trading volume of 1,500,000 shares, the days-to-cover ratio is currently 9.3 days. Approximately 11.9% of the company's stock are short sold.
View C.H. Robinson Worldwide's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our CHRW earnings forecast.

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) announced its earnings results on Wednesday, February, 1st. The transportation company reported $1.03 EPS for the quarter, missing the consensus estimate of $1.35 by $0.32. The transportation company had revenue of $5.07 billion for the quarter, compared to the consensus estimate of $5.59 billion. C.H. Robinson Worldwide had a net margin of 3.82% and a trailing twelve-month return on equity of 54.06%. The business's revenue for the quarter was down 22.1% on a year-over-year basis. During the same period last year, the firm posted $1.74 earnings per share.
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C.H. Robinson Worldwide announced a quarterly dividend on Thursday, November 17th. Investors of record on Friday, December 2nd will be given a dividend of $0.61 per share on Tuesday, January 3rd. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date of this dividend is Thursday, December 1st. This is a boost from the stock's previous quarterly dividend of $0.55.
Read our dividend analysis for CHRW.

C.H. Robinson Worldwide (NASDAQ:CHRW) pays an annual dividend of $2.44 per share and currently has a dividend yield of 2.35%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHRW will have a dividend payout ratio of 44.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHRW.

171 employees have rated C.H. Robinson Worldwide Chief Executive Officer Bob Biesterfeld on Glassdoor.com. Bob Biesterfeld has an approval rating of 87% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other C.H. Robinson Worldwide investors own include Intel (INTC), AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Home Depot (HD), Procter & Gamble (PG), QUALCOMM (QCOM), CVS Health (CVS) and Walt Disney (DIS).

C.H. Robinson Worldwide trades on the NASDAQ under the ticker symbol "CHRW."

C.H. Robinson Worldwide's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Parnassus Investments LLC (2.18%), Envestnet Asset Management Inc. (0.58%), Sumitomo Mitsui Trust Holdings Inc. (0.48%), Allspring Global Investments Holdings LLC (0.40%), DekaBank Deutsche Girozentrale (0.33%) and CWM LLC (0.28%). Insiders that own company stock include Angela K Freeman, Angela K Freeman, Ben G Campbell, Brian Short, Chris Obrien, Henry J Maier, John Wiehoff, Jordan T Kass, Mac S Pinkerton, Mac S Pinkerton, Michael D Castagnetto, Michael John Short, Michael Paul Zechmeister, Michael W Neill and Robert C Biesterfeld Jr.
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Shares of CHRW 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 CHRW stock can currently be purchased for approximately $105.22.

C.H. Robinson Worldwide (NASDAQ:CHRW) has a market capitalization of $12.39 billion and generates $24.70 billion in revenue each year. The transportation company earns $940.52 million in net income (profit) each year or $7.30 on an earnings per share basis.

The company employs 16,877 workers across the globe.

C.H. Robinson Worldwide's mailing address is 14701 CHARLSON ROAD, EDEN PRAIRIE MN, 55347. The official website for the company is www.chrobinson.com. The transportation company can be reached via phone at (952) 937-8500, via email at robert.houghton@chrobinson.com, or via fax at 952-937-6714.