ArcBest (ARCB) Tops Q3 EPS by 15c

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ArcBest Corp (ARCB) PT Raised to $126 at BofA Securities

November 3, 2021 8:34 AM EDT

BofA Securities analyst Ken Hoexter raised the price target on ArcBest Corp (NASDAQ: ARCB) to $126.00 (from $103.00) while maintaining a Buy rating.

Op leverage gains steam w/ line of sight to mid-80s operating ratio... More

ArcBest (ARCB) Announces $100M Accelerates Share Buyback; Declares $0.08 Dividend

November 1, 2021 7:04 AM EDT

The Board of Directors of ArcBest® (Nasdaq: ARCB) has declared a quarterly cash dividend of eight cents ($0.08) per share to holders of record of its Common Stock, $0.01 par value, on November 12, 2021, payable on November 26, 2021.

ArcBest also announced that the Board has authorized ArcBest to enter into an accelerated share repurchase program ("ASR") with Morgan Stanley & Co. LLC ("Morgan Stanley") to repurchase $100 million of ArcBest's common... More