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ArcBest (ARCB) News Today

$113.78
-1.39 (-1.21%)
(As of 05/17/2024 08:53 PM ET)
Jump Financial LLC Invests $811,000 in ArcBest Co. (NASDAQ:ARCB)
Jump Financial LLC bought a new stake in shares of ArcBest Co. (NASDAQ:ARCB - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,749 shares of the transportation company's stock, valued at approximately $811,000. S
ArcBest (NASDAQ:ARCB) Price Target Cut to $150.00
ArcBest Co. (NASDAQ:ARCB) Shares Bought by Nicholas Investment Partners LP
Nicholas Investment Partners LP grew its stake in ArcBest Co. (NASDAQ:ARCB - Free Report) by 9.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 91,830 shares of the transportation company's stock after acquiring an addit
ArcBest (NASDAQ:ARCB) Price Target Cut to $150.00 by Analysts at Stifel Nicolaus
Stifel Nicolaus decreased their price objective on shares of ArcBest from $159.00 to $150.00 and set a "buy" rating for the company in a research note on Wednesday.
ArcBest Co. (NASDAQ:ARCB) Sees Significant Decline in Short Interest
ArcBest Co. (NASDAQ:ARCB - Get Free Report) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totalling 1,170,000 shares, a drop of 11.4% from the April 15th total of 1,320,000 shares. Based on an average daily volume of 351,500 shares, the days-to-cover ratio is currently 3.3 days. Currently, 5.1% of the company's shares are sold short.
ArcBest Co. (NASDAQ:ARCB) Plans Quarterly Dividend of $0.12
ArcBest Co. (NASDAQ:ARCB) announced a quarterly dividend on Friday, April 26th. Shareholders of record on Friday, May 10th will be paid a dividend of 0.12 per share by the transportation company on Friday, May 24th. This represents a $0.48 annualized dividend and a yield of 0.41%. The ex-dividend date of this dividend is Thursday, May 9th.
Victory Capital Management Inc. Sells 36,894 Shares of ArcBest Co. (NASDAQ:ARCB)
Victory Capital Management Inc. lowered its position in shares of ArcBest Co. (NASDAQ:ARCB - Free Report) by 10.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 322,645 shares of the transportation company's stock afte
LSV Asset Management Has $72.25 Million Stake in ArcBest Co. (NASDAQ:ARCB)
LSV Asset Management lowered its holdings in shares of ArcBest Co. (NASDAQ:ARCB - Free Report) by 6.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 601,049 shares of the transportation compan
Bank of America Lowers ArcBest (NASDAQ:ARCB) Price Target to $110.00
Bank of America decreased their target price on shares of ArcBest from $143.00 to $110.00 and set an "underperform" rating for the company in a research note on Wednesday.
ArcBest (NASDAQ:ARCB) Issues Quarterly Earnings Results
ArcBest (NASDAQ:ARCB - Get Free Report) posted its quarterly earnings data on Tuesday. The transportation company reported $1.34 EPS for the quarter, missing analysts' consensus estimates of $1.53 by ($0.19). ArcBest had a net margin of 4.41% and a return on equity of 15.91%. The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the prior year, the company posted $1.58 earnings per share. The company's revenue for the quarter was down 6.3% compared to the same quarter last year.
Q1 2024 ArcBest Corp Earnings Call
ArcBest (NASDAQ:ARCB) Trading Down 12.9%
ArcBest (NASDAQ:ARCB) Stock Price Down 12.9%
ArcBest: Q1 Earnings Snapshot
ArcBest Turns To Q1 Loss On Decreased Revenue
ArcBest misses mark in Q1
ArcBest Announces First Quarter 2024 Results
What Wall Street expects from ArcBest's earnings
ArcBest Q1 2024 Earnings Preview
ArcBest Co. (NASDAQ:ARCB) Sees Large Decrease in Short Interest
ArcBest Co. (NASDAQ:ARCB - Get Free Report) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 1,320,000 shares, a drop of 7.0% from the March 31st total of 1,420,000 shares. Currently, 5.7% of the shares of the company are short sold. Based on an average daily volume of 328,800 shares, the short-interest ratio is currently 4.0 days.
ArcBest Declares a $0.12/Share Quarterly Dividend
ArcBest (NASDAQ:ARCB) Shares Down 6.1%
ArcBest (NASDAQ:ARCB) Stock Price Down 6.1%
abrdn plc Sells 55,072 Shares of ArcBest Co. (NASDAQ:ARCB)
abrdn plc trimmed its position in ArcBest Co. (NASDAQ:ARCB - Free Report) by 23.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 182,965 shares of the transportation company's stock after selling 55,072 share
ArcBest Corp.
11,800 Shares in ArcBest Co. (NASDAQ:ARCB) Bought by Louisiana State Employees Retirement System
Louisiana State Employees Retirement System bought a new position in shares of ArcBest Co. (NASDAQ:ARCB - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,800 shares of the transportation com
ArcBest (NASDAQ:ARCB) Shares Gap Down to $149.25
ArcBest (NASDAQ:ARCB) Shares Gap Down to $149.25
ArcBest (NASDAQ:ARCB) Price Target Increased to $143.00 by Analysts at Bank of America
Bank of America upped their price target on shares of ArcBest from $141.00 to $143.00 and gave the company an "underperform" rating in a report on Monday.
Allspring Global Investments Holdings LLC Decreases Stock Holdings in ArcBest Co. (NASDAQ:ARCB)
Allspring Global Investments Holdings LLC reduced its holdings in shares of ArcBest Co. (NASDAQ:ARCB - Free Report) by 22.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,712 shares of the transpo
ArcBest Co. (NASDAQ:ARCB) Holdings Decreased by New York State Teachers Retirement System
New York State Teachers Retirement System trimmed its position in ArcBest Co. (NASDAQ:ARCB - Free Report) by 14.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,466 shares of the transportation company's stock after sel
Moody Aldrich Partners LLC Sells 20,395 Shares of ArcBest Co. (NASDAQ:ARCB)
Moody Aldrich Partners LLC cut its stake in ArcBest Co. (NASDAQ:ARCB - Free Report) by 35.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,009 shares of the transportation company's stock after selling 20,39
ArcBest (NASDAQ:ARCB) PT Lowered to $164.00
JPMorgan Chase & Co. decreased their target price on ArcBest from $168.00 to $164.00 and set an "overweight" rating for the company in a research report on Tuesday.
6,707 Shares in ArcBest Co. (NASDAQ:ARCB) Acquired by Wakefield Asset Management LLLP
Wakefield Asset Management LLLP purchased a new position in shares of ArcBest Co. (NASDAQ:ARCB - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,707 shares of the trans
10,139 Shares in ArcBest Co. (NASDAQ:ARCB) Bought by Advisors Preferred LLC
Advisors Preferred LLC purchased a new position in ArcBest Co. (NASDAQ:ARCB - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 10,139 shares of the transportation company's stock, valued
ArcBest (NASDAQ:ARCB) Reaches New 1-Year High at $149.99
ArcBest (NASDAQ:ARCB) Reaches New 52-Week High at $149.99
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ARCB Media Mentions By Week

ARCB Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

ARCB
News Sentiment

0.33

0.56

Average
Transportation
News Sentiment

ARCB News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

ARCB Articles
This Week

6

5

ARCB Articles
Average Week

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This page (NASDAQ:ARCB) was last updated on 5/20/2024 by MarketBeat.com Staff

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