NASDAQ:FWRD Forward Air (FWRD) Stock Price, News & Analysis $16.74 +0.19 (+1.12%) As of 12:30 PM Eastern This is a fair market value price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Forward Air Stock (NASDAQ:FWRD) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Forward Air alerts:Sign Up Key Stats Today's Range$16.40▼$17.0850-Day Range$10.50▼$21.7052-Week Range$9.79▼$40.92Volume102,005 shsAverage Volume799,222 shsMarket Capitalization$509.43 millionP/E RatioN/ADividend YieldN/APrice Target$32.25Consensus RatingHold Company OverviewForward 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. This segment offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.Read More… Forward Air Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks63rd Percentile Overall ScoreFWRD MarketRank™: Forward Air scored higher than 63% of companies evaluated by MarketBeat, and ranked 76th out of 130 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.2 / 5Analyst RatingHold Consensus RatingForward Air has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageForward Air has only been the subject of 2 research reports in the past 90 days.Read more about Forward Air's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Forward Air are expected to grow in the coming year, from ($0.72) to $1.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Forward Air is -0.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Forward Air is -0.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioForward Air has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Forward Air's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted18.79% of the float of Forward Air has been sold short.Short Interest Ratio / Days to CoverForward Air has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Forward Air has recently decreased by 6.48%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthWeak Dividend YieldForward Air does not currently pay a dividend.Dividend GrowthForward Air does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, Forward Air will have a dividend payout ratio of 92.31% in the coming year. This indicates that Forward Air may not be able to sustain their current dividend.Read more about Forward Air's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted18.79% of the float of Forward Air has been sold short.Short Interest Ratio / Days to CoverForward Air has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Forward Air has recently decreased by 6.48%, indicating that investor sentiment is improving significantly. News and Social Media3.6 / 5News Sentiment1.41 News SentimentForward Air has a news sentiment score of 1.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.89 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Forward Air this week, compared to 5 articles on an average week.MarketBeat Follows2 people have added Forward Air to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Forward Air insiders have not sold or bought any company stock.Percentage Held by Insiders17.20% of the stock of Forward Air is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions97.03% of the stock of Forward Air is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Forward Air's insider trading history. Receive FWRD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Forward Air and its competitors with MarketBeat's FREE daily newsletter. Email Address FWRD Stock News HeadlinesActivist investor pushes Forward Air to execute ‘value-maximizing sale’May 21, 2025 | finance.yahoo.comAncora Releases Presentation Illustrating Why Shareholders Should Vote AGAINST Three Unfit Legacy Directors at 2025 Annual MeetingMay 20, 2025 | businesswire.comShocking AI play that’s beats Nvidia by a country mileYou’ve seen the headlines about Nvidia. Now Tim Sykes is sounding the alarm — because what CEO Jensen Huang is about to announce could change the AI market once again. Experts already predict the total addressable market could climb past $20 trillion. But Sykes believes most investors have missed what’s coming next. He’s tracking a new shift — and says the biggest gains are still ahead.May 29, 2025 | Timothy Sykes (Ad)Forward Air Co. (NASDAQ:FWRD) Receives Consensus Rating of "Hold" from BrokeragesMay 19, 2025 | americanbankingnews.comIrenic Expresses Governance Concerns Pertaining to Forward Air Corporation | FWRD Stock NewsMay 14, 2025 | gurufocus.comIrenic to vote against Forward Air legacy directorsMay 14, 2025 | investing.comIrenic Expresses Governance Concerns Pertaining to Forward Air CorporationMay 14, 2025 | businesswire.comCautious Outlook on Forward Air Amid Integration and Profitability Challenges Justifies Hold RatingMay 12, 2025 | tipranks.comSee More Headlines FWRD Stock Analysis - Frequently Asked Questions How have FWRD shares performed this year? Forward Air's stock was trading at $32.25 on January 1st, 2025. Since then, FWRD shares have decreased by 48.3% and is now trading at $16.6740. View the best growth stocks for 2025 here. How were Forward Air's earnings last quarter? Forward Air Co. (NASDAQ:FWRD) announced its quarterly earnings data on Wednesday, August, 7th. The transportation company reported ($23.29) earnings per share for the quarter, missing the consensus estimate of ($0.18) by $23.11. The business's revenue was up 92.9% compared to the same quarter last year. Read the conference call transcript. Does Forward Air have any subsidiaries? Forward Air subsidiaries include these companies: Atlantic Trucking Company, CLP Towne, Central States Logistics, Central States Trucking, Total Quality, Service Express, Pinch Holdings, and others. Who are Forward Air's major shareholders? Forward Air's top institutional investors include Littlejohn & Co. LLC (9.26%), Vanguard Group Inc. (6.74%), Ancora Advisors LLC (4.04%) and Private Management Group Inc. (3.17%). Insiders that own company stock include Thomas Schmitt, Michael L Hance, Chris C Ruble, Kyle R Mitchin, Laurie Anne Tucker and Nancee L Ronning. View institutional ownership trends. How do I buy shares of Forward Air? Shares of FWRD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Forward Air own? Based on aggregate information from My MarketBeat watchlists, some other companies that Forward Air investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Tesla (TSLA), Netflix (NFLX) and Adobe (ADBE). Company Calendar Last Earnings8/07/2024Today5/29/2025Next Earnings (Estimated)8/06/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Freight transportation arrangement Sub-IndustryAir Freight & Logistics Current SymbolNASDAQ:FWRD CIK912728 Webwww.forwardair.com Phone(423) 636-7000Fax423-783-9019Employees4,040Year Founded1993Price Target and Rating Average Stock Price Target$32.25 High Stock Price Target$47.00 Low Stock Price Target$22.00 Potential Upside/Downside+94.7%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($29.05) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$167.35 million Net Margins-31.14% Pretax Margin-59.75% Return on Equity-98.80% Return on Assets-21.16% Debt Debt-to-Equity Ratio5.07 Current Ratio1.21 Quick Ratio1.21 Sales & Book Value Annual Sales$2.55 billion Price / Sales0.20 Cash Flow$3.39 per share Price / Cash Flow4.88 Book Value$29.74 per share Price / Book0.56Miscellaneous Outstanding Shares30,423,000Free Float27,593,000Market Cap$503.80 million OptionableOptionable Beta1.24 Social Links Beginner's Guide To Retirement StocksEnter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report This page (NASDAQ:FWRD) was last updated on 5/29/2025 by MarketBeat.com Staff From Our PartnersMarket Panic: Trump Just Dropped a Bomb on Your Stockstock Market Panic: Trump Just Dropped a Bomb on Your Stocks The market is in freefall—and Trump's new tarif...American Alternative | SponsoredWhite House to reset Social Security?Elon Musk's parting DOGE gift looks set to shock America... A single announcement by July 22nd could soon b...Altimetry | SponsoredJuly 2025 Rule Change to Impact Retirement InvestorsThere's a massive change from a new rule going into effect this July. And it's one the Big Banks are alread...Premier Gold Co | SponsoredIs President Trump Lying To You With This?President Trump’s economic transition isn’t without hardship. But what if there were a smart, tax-free way to ...Colonial Metals | SponsoredA grave, grave error.I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. 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