Forward Air (FWRD) Expected to Announce Quarterly Earnings on Monday

Key Points

• Forward Air is set to announce its Q2 2025 earnings on August 11, with expectations of earnings at (0.16) per share and revenue of $627.98 million.
• The stock currently has a market capitalization of $887.96 million and a price-to-earnings ratio of -1.00, indicating negative earnings performance.
• Recent analyst ratings show a consensus of Moderate Buy for the stock, with a target price estimate of $35.00 as three analysts have assigned a buy rating.

Forward Air (NASDAQ:FWRD - Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data after the market closes on Monday, August 11th. Analysts expect the company to announce earnings of ($0.16) per share and revenue of $627.98 million for the quarter.

Forward Air Stock Up 1.9%

Shares of FWRD stock traded up $0.58 during trading on Friday, reaching $30.26. The company's stock had a trading volume of 316,010 shares, compared to its average volume of 651,111. The company has a market cap of $920.36 million, a price-to-earnings ratio of -1.04 and a beta of 1.43. Forward Air has a one year low of $9.78 and a one year high of $40.92. The business has a fifty day moving average price of $25.18 and a 200-day moving average price of $22.77. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 7.55.

Analyst Upgrades and Downgrades

FWRD has been the topic of a number of recent research reports. Wall Street Zen raised Forward Air from a "sell" rating to a "hold" rating in a research report on Saturday, June 21st. Stifel Nicolaus raised their price target on Forward Air from $29.00 to $33.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $35.00.

Institutional Trading of Forward Air

Institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada increased its holdings in shares of Forward Air by 1,179.7% during the 1st quarter. Royal Bank of Canada now owns 321,092 shares of the transportation company's stock worth $6,451,000 after acquiring an additional 296,001 shares during the last quarter. Intech Investment Management LLC lifted its holdings in Forward Air by 64.2% during the 1st quarter. Intech Investment Management LLC now owns 73,040 shares of the transportation company's stock valued at $1,467,000 after purchasing an additional 28,564 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Forward Air by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,875 shares of the transportation company's stock worth $299,000 after purchasing an additional 624 shares during the period. Finally, AQR Capital Management LLC increased its holdings in shares of Forward Air by 7.0% in the first quarter. AQR Capital Management LLC now owns 10,009 shares of the transportation company's stock valued at $201,000 after purchasing an additional 654 shares during the last quarter. Institutional investors own 97.03% of the company's stock.

Forward Air Company Profile

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling.