Forward Air Corp. Company Profile (NASDAQ:FWRD)

About Forward Air Corp.

Forward Air Corp. logoForward Air Corporation offers services, which are classified into three segments: Forward Air, Forward Air Solutions (FASI) and Total Quality (TQI). The Company, through its three segments, offers a range of logistic and other services, including expedited full truckload (TLX), pick-up and delivery (Forward Air Complete), pool distribution, temperature-controlled truckload, warehousing, customs brokerage and shipment consolidation and handling. The Forward Air segment provides time-definite transportation and related logistics services to the North American deferred air freight market. The FASI segment provides pool distribution services through a network of terminals and service locations in over 30 cities throughout the Mid-Atlantic, Southeast, Midwest and Southwest continental United States. The TQI segment provides security and temperature-controlled logistics services, primarily truckload services, to the pharmaceutical and other life science industries.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Air Delivery & Freight Services
  • Sub-Industry: Air Freight & Logistics
  • Exchange: NASDAQ
  • Symbol: FWRD
  • CUSIP: 34985310
Key Metrics:
  • Previous Close: $41.72
  • 50 Day Moving Average: $43.95
  • 200 Day Moving Average: $45.01
  • 52-Week Range: $36.00 - $50.47
  • Trailing P/E Ratio: 30.46
  • Foreward P/E Ratio: 16.69
  • P/E Growth: 1.57
  • Market Cap: $1.25B
  • Outstanding Shares: 30,256,000
  • Beta: 1.29
  • Net Margins: 4.32%
  • Return on Equity: 14.41%
  • Return on Assets: 10.56%
  • Current Ratio: 1.62%
  • Quick Ratio: 1.62%
Additional Links:
Companies Related to Forward Air Corp.:

Analyst Ratings

Consensus Ratings for Forward Air Corp. (NASDAQ:FWRD) (?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $50.00 (20.77% upside)

Analysts' Ratings History for Forward Air Corp. (NASDAQ:FWRD)
DateFirmActionRatingPrice TargetDetails
9/20/2016Cowen and CompanyLower Price TargetMarket Perform$50.00 -> $48.00View Rating Details
7/12/2016BB&T Corp.DowngradeBuy -> HoldView Rating Details
5/24/2016Royal Bank Of CanadaUpgradeSector Perform -> Outperform$50.00 -> $52.00View Rating Details
4/4/2016Robert W. BairdBoost Price Target$49.00 -> $50.00View Rating Details
2/11/2016StephensReiterated RatingBuyView Rating Details
7/23/2015MacquarieLower Price TargetNeutral$57.00 -> $54.00View Rating Details
(Data available from 10/21/2014 forward)


Earnings History for Forward Air Corp. (NASDAQ:FWRD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2016Q316$0.51$0.51$250.36 million$249.60 millionViewListenView Earnings Details
7/21/2016Q216$0.58$0.57$247.86 million$238.60 millionViewListenView Earnings Details
4/21/2016Q116$0.43$0.43$228.13 million$229.50 millionViewListenView Earnings Details
2/9/2016Q415$0.64$0.75$258.40 million$256.40 millionViewListenView Earnings Details
10/21/2015Q315$0.59$0.58$249.44 million$247.10 millionViewListenView Earnings Details
7/21/2015Q215$0.61$0.51$249.27 million$249.70 millionViewListenView Earnings Details
4/21/2015Q115$0.40$0.40$199.89 million$205.90 millionViewListenView Earnings Details
2/10/2015Q414$0.63$0.55$210.09 million$214.00 millionViewListenView Earnings Details
10/23/2014Q314$0.59$0.54$205.00 million$201.50 millionViewListenView Earnings Details
7/22/2014Q214$0.55$0.55$197.42 million$193.90 millionViewListenView Earnings Details
4/21/2014Q114$0.38$0.33$171.66 million$171.60 millionViewListenView Earnings Details
2/11/2014Q413$0.55$0.50$183.45 million$181.30 millionViewListenView Earnings Details
10/22/2013Q313$0.46$0.46$162.10 million$170.00 millionViewListenView Earnings Details
7/18/2013Q2 2013$0.53$0.45$169.09 million$159.80 millionViewListenView Earnings Details
4/18/2013Q1 2013$0.39$0.36$148.74 million$141.60 millionViewListenView Earnings Details
2/11/2013Q4 2012$0.50$0.54$157.98 million$155.50 millionViewListenView Earnings Details
10/18/2012$0.40$0.41ViewN/AView Earnings Details
7/19/2012$0.46$0.48ViewN/AView Earnings Details
4/19/2012$0.34$0.35ViewN/AView Earnings Details
2/7/2012$0.50$0.50ViewN/AView Earnings Details
10/19/2011$0.40$0.44ViewN/AView Earnings Details
7/20/2011$0.37$0.40ViewN/AView Earnings Details
4/20/2011$0.23$0.27ViewN/AView Earnings Details
2/14/2011$0.37$0.41ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Forward Air Corp. (NASDAQ:FWRD)
Current Year EPS Consensus Estimate: $2.12 EPS
Next Year EPS Consensus Estimate: $2.48 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$0.43$0.46$0.44
Q2 20164$0.57$0.60$0.59
Q3 20163$0.50$0.61$0.54
Q4 20163$0.60$0.69$0.64
(Data provided by Zacks Investment Research)


Current Dividend Information for Forward Air Corp. (NASDAQ:FWRD)
Annual Dividend:$0.48
Dividend Yield:1.16%
Payout Ratio:35.56% (Based on Trailing 12 Months of Earnings)
22.64% (Based on Current Year Consensus EPS Estimate)
19.35% (Based on Next Year Consensus EPS Estimate)

Dividend History for Forward Air Corp. (NASDAQ:FWRD)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Forward Air Corp. (NASDAQ:FWRD)
Insider Ownership Percentage: 3.35%
Institutional Ownership Percentage: 98.42%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/31/2016Michael P McleanCAOSell14,779$46.01$679,981.79View SEC Filing  
8/24/2016Bruce A CampbellChairmanSell80,000$46.50$3,720,000.00View SEC Filing  
8/24/2016Michael P McleanCAOSell221$47.01$10,389.21View SEC Filing  
8/23/2016Michael P McleanCAOSell10,300$46.00$473,800.00View SEC Filing  
8/23/2016Rodney L BellInsiderSell18,576$46.01$854,681.76View SEC Filing  
8/19/2016Michael P McleanCAOSell4,700$46.00$216,200.00View SEC Filing  
8/18/2016Michael P McleanCAOSell5,493$45.75$251,304.75View SEC Filing  
8/8/2016Bruce A CampbellChairmanSell10,000$47.00$470,000.00View SEC Filing  
8/8/2016Michael P McleanCAOSell507$47.02$23,839.14View SEC Filing  
8/8/2016Rodney L BellInsiderSell1,200$47.01$56,412.00View SEC Filing  
8/5/2016Bruce A CampbellChairmanSell10,000$47.00$470,000.00View SEC Filing  
8/5/2016Rodney L BellInsiderSell20,685$47.00$972,195.00View SEC Filing  
8/3/2016Matthew J JewellInsiderSell9,300$46.02$427,986.00View SEC Filing  
8/2/2016Rodney L BellInsiderSell4,967$46.05$228,730.35View SEC Filing  
8/1/2016Matthew J JewellInsiderSell600$46.44$27,864.00View SEC Filing  
7/28/2016Michael L HanceVPSell18,000$46.05$828,900.00View SEC Filing  
7/28/2016Rodney L BellInsiderSell1,050$46.50$48,825.00View SEC Filing  
7/27/2016Rodney L BellInsiderSell10,509$46.74$491,190.66View SEC Filing  
6/3/2016George M LynchDirectorSell2,739$45.00$123,255.00View SEC Filing  
11/20/2015Michael P. McleanCAOSell9,000$48.00$432,000.00View SEC Filing  
11/6/2015Bruce A. CampbellCEOSell91,256$46.01$4,198,688.56View SEC Filing  
6/12/2015Michael L HanceVPSell9,000$54.25$488,250.00View SEC Filing  
6/3/2015Michael P McleanCAOSell8,800$54.00$475,200.00View SEC Filing  
6/3/2015Rodney L BellCFOSell20,000$54.00$1,080,000.00View SEC Filing  
2/25/2015Rodney L BellCFOSell20,600$54.00$1,112,400.00View SEC Filing  
2/24/2015Michael P McleanCAOSell16,900$54.01$912,769.00View SEC Filing  
2/20/2015Chris C RubleVPSell32,900$53.75$1,768,375.00View SEC Filing  
2/20/2015Rodney L BellCFOSell2,523$54.00$136,242.00View SEC Filing  
2/18/2015Craig A DrumSVPSell5,534$53.28$294,851.52View SEC Filing  
2/18/2015Matthew J JewellEVPSell9,293$53.59$498,011.87View SEC Filing  
2/17/2015Chris C RubleVPSell4,700$53.78$252,766.00View SEC Filing  
2/13/2015Chris C RubleVPSell28,924$53.50$1,547,434.00View SEC Filing  
2/13/2015Matthew J JewellEVPSell29,500$53.71$1,584,445.00View SEC Filing  
2/12/2015Bruce A CampbellCEOSell30,000$53.84$1,615,200.00View SEC Filing  
2/12/2015Michael L HanceVPSell9,000$53.95$485,550.00View SEC Filing  
2/10/2015Chris C RubleVPSell39,105$50.62$1,979,495.10View SEC Filing  
2/9/2015Bruce A CampbellCEOSell120,000$50.06$6,007,200.00View SEC Filing  
2/9/2015Matthew J JewellEVPSell4,600$50.23$231,058.00View SEC Filing  
8/15/2014Matthew J JewellEVPSell8,300$46.60$386,780.00View SEC Filing  
8/13/2014Matthew J JewellEVPSell7,100$46.54$330,434.00View SEC Filing  
8/13/2014Michael P McleanCAOSell13,125$46.50$610,312.50View SEC Filing  
8/11/2014Matthew J JewellEVPSell10,000$45.91$459,100.00View SEC Filing  
6/11/2014C John Langley JrDirectorSell7,500$45.03$337,725.00View SEC Filing  
6/6/2014Matthew J JewellEVPSell15,000$45.02$675,300.00View SEC Filing  
6/4/2014Rodney L BellCFOSell22,671$44.50$1,008,859.50View SEC Filing  
5/28/2014Bruce A CampbellCEOSell10,000$44.50$445,000.00View SEC Filing  
5/14/2014George LynchDirectorSell2,481$43.52$107,973.12View SEC Filing  
3/13/2014Chris RubleVPSell4,255$45.03$191,602.65View SEC Filing  
3/11/2014Matthew JewellVPSell14,136$45.00$636,120.00View SEC Filing  
3/10/2014Rodney BellCFOSell38,594$44.83$1,730,169.02View SEC Filing  
3/7/2014Chris RubleVPSell1,165$45.01$52,436.65View SEC Filing  
3/7/2014Michael McleanCAOSell4,375$45.00$196,875.00View SEC Filing  
3/6/2014Bruce CampbellCEOSell24,219$44.51$1,077,987.69View SEC Filing  
3/5/2014Ray MundyDirectorSell5,166$44.05$227,562.30View SEC Filing  
3/4/2014Bruce CampbellCEOSell16,352$44.50$727,664.00View SEC Filing  
2/26/2014Gary PaxtonDirectorSell14,445$43.55$629,079.75View SEC Filing  
2/21/2014Bruce CampbellCEOSell5,000$44.50$222,500.00View SEC Filing  
2/20/2014Bruce CampbellCEOSell34,429$44.65$1,537,254.85View SEC Filing  
2/14/2014Matthew JewellVPSell10,400$45.00$468,000.00View SEC Filing  
2/13/2014Chris RubleVPSell2,254$45.25$101,993.50View SEC Filing  
2/13/2014Craig DrumSVPSell7,557$45.12$340,971.84View SEC Filing  
10/24/2013Chris C RubleVPSell35,000$41.52$1,453,200.00View SEC Filing  
6/14/2013Matthew J JewellVPSell1,900$39.02$74,138.00View SEC Filing  
5/23/2013Michael P McleanCAOSell5,000$39.00$195,000.00View SEC Filing  
5/22/2013George M LynchDirectorSell3,128$39.08$122,242.24View SEC Filing  
5/21/2013Matthew J JewellVPSell40,000$38.93$1,557,200.00View SEC Filing  
5/20/2013Chris C RubleVPSell10,000$39.00$390,000.00View SEC Filing  
5/20/2013Rodney L BellCFOSell20,000$38.91$778,200.00View SEC Filing  
5/17/2013Matthew J JewellVPSell30,000$38.60$1,158,000.00View SEC Filing  
5/17/2013Rodney L BellCFOSell19,700$38.56$759,632.00View SEC Filing  
5/16/2013Bruce A CampbellCEOSell50,000$38.26$1,913,000.00View SEC Filing  
5/15/2013Matthew J JewellVPSell3,660$38.25$139,995.00View SEC Filing  
5/14/2013Bruce A CampbellCEOSell55,164$37.65$2,076,924.60View SEC Filing  
5/10/2013Matthew J JewellVPSell6,340$38.27$242,631.80View SEC Filing  
5/8/2013Craig A DrumSVPSell9,800$38.12$373,576.00View SEC Filing  
3/12/2013Bruce A CampbellCEOSell45,000$37.57$1,690,650.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Forward Air Corp. (NASDAQ:FWRD)
DateHeadline logoForward Air Corp Earnings Call scheduled for 9:00 am ET today (NASDAQ:FWRD) - October 21 at 8:15 AM logoForward Air meets 3Q profit forecasts (NASDAQ:FWRD) - October 20 at 5:11 PM logoForward Air Corporation Reports Third Quarter 2016 Results (NASDAQ:FWRD) - October 20 at 5:11 PM logoQ3 2016 Forward Air Corp Earnings Release - After Market Close (NASDAQ:FWRD) - October 20 at 10:38 AM logoForward Air Corp. : FWRD-US: Dividend Analysis : August 22nd, 2016 (record date) : By the numbers : October 12, 2016 (NASDAQ:FWRD) - October 12 at 5:07 PM logoForward Air Corporation Announces Timing of Third Quarter 2016 Earnings Release and Conference Call (NASDAQ:FWRD) - September 23 at 4:53 PM logoOversold Conditions For Forward Air (FWRD) (NASDAQ:FWRD) - September 23 at 1:48 PM logoForward Air Cuts Q3 Guidance On Lower Freight Volumes (NASDAQ:FWRD) - September 21 at 5:39 PM
News IconForward Air Lowers Third-Quarter Projection, Blaming Tough LTL Market (NASDAQ:FWRD) - September 21 at 9:22 AM logoFWRD Crosses Below Key Moving Average Level (NASDAQ:FWRD) - September 21 at 9:22 AM logoETF’s with exposure to Forward Air Corp. : September 20, 2016 (NASDAQ:FWRD) - September 21 at 9:22 AM logoFORWARD AIR CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:FWRD) - September 21 at 9:22 AM logoForward Air Corp. – Value Analysis (NASDAQ:FWRD) : September 14, 2016 (NASDAQ:FWRD) - September 14 at 5:12 PM logoForward Air Corp. breached its 50 day moving average in a Bullish Manner : FWRD-US : September 13, 2016 (NASDAQ:FWRD) - September 13 at 9:58 AM
News IconForward Air Corp. to Present at the 2016 RBC ... (NASDAQ:FWRD) - September 1 at 5:01 PM logoForward Air Corporation to Present at the 2016 RBC Capital Markets’ Global Industrials Conference on Wednesday, September 7, 2016 (NASDAQ:FWRD) - September 1 at 5:01 PM logoBRIEF-Forward Air Corporation to acquire Triumph (NASDAQ:FWRD) - August 29 at 5:32 PM logoForward Air Corporation Announces Acquisition of Triumph (NASDAQ:FWRD) - August 29 at 5:03 PM logoFORWARD AIR CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:FWRD) - August 29 at 5:03 PM logoReminder - Forward Air (FWRD) Goes Ex-Dividend Soon (NASDAQ:FWRD) - August 17 at 8:08 AM logoForward Air Corp. :FWRD-US: Earnings Analysis: Q2, 2016 By the Numbers : August 3, 2016 (NASDAQ:FWRD) - August 3 at 5:27 PM logoETF’s with exposure to Forward Air Corp. : July 29, 2016 (NASDAQ:FWRD) - July 29 at 1:31 PM logoForward Air Corp. breached its 50 day moving average in a Bullish Manner : FWRD-US : July 25, 2016 (NASDAQ:FWRD) - July 25 at 8:19 AM
News IconEarnings Watch: Werner, Swift Profits Fall; Forward Air Reports Loss (NASDAQ:FWRD) - July 22 at 5:02 PM logoEdited Transcript of FWRD earnings conference call or presentation 22-Jul-16 1:00pm GMT (NASDAQ:FWRD) - July 22 at 1:44 PM logoForward Air reports 2Q loss (NASDAQ:FWRD) - July 21 at 4:51 PM logoQ2 2016 Forward Air Corp Earnings Release - After Market Close (NASDAQ:FWRD) - July 21 at 7:07 AM logoForward Air Corp. breached its 50 day moving average in a Bullish Manner : FWRD-US : July 11, 2016 (NASDAQ:FWRD) - July 11 at 9:54 AM logoETF’s with exposure to Forward Air Corp. : July 1, 2016 (NASDAQ:FWRD) - July 1 at 6:14 PM logoForward Air Corp. :FWRD-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 (NASDAQ:FWRD) - June 28 at 12:28 PM logoForward Air Corp. breached its 50 day moving average in a Bearish Manner : FWRD-US : June 27, 2016 (NASDAQ:FWRD) - June 27 at 11:14 AM logoForward Air Corporation Announces Timing of Second Quarter 2016 Earnings Release and Conference Call (NASDAQ:FWRD) - June 22 at 3:59 PM logoForward Air Corp. breached its 50 day moving average in a Bearish Manner : FWRD-US : June 15, 2016 (NASDAQ:FWRD) - June 15 at 8:20 AM logoForward Air Corporation to Present at the 2016 KeyBanc Capital Markets Industrial, Automotive and Transportation Conference on June 2, 2016 (NASDAQ:FWRD) - May 27 at 10:17 AM logoFORWARD AIR CORP Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial Statements an (NASDAQ:FWRD) - May 26 at 5:04 PM logoForward Air Corporation SVP and CFO Rodney L. Bell to Retire; Michael J. Morris to Fill Role (NASDAQ:FWRD) - May 26 at 7:17 AM logoForward Air Corp. breached its 50 day moving average in a Bullish Manner : FWRD-US : May 25, 2016 (NASDAQ:FWRD) - May 25 at 8:28 AM logoForward Air upgraded by RBC Capital Mkts (NASDAQ:FWRD) - May 24 at 6:08 AM logoFORWARD AIR CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NASDAQ:FWRD) - May 23 at 4:59 PM logoForward Air Corporation to Present at Wolfe Research 9th Annual Global Transportation Conference on Tuesday, May 24, 2016 (NASDAQ:FWRD) - May 18 at 12:42 PM logoFORWARD AIR CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Financial Statements and Ex (NASDAQ:FWRD) - May 10 at 5:13 PM logoForward Air Corp. breached its 50 day moving average in a Bearish Manner : FWRD-US : May 5, 2016 (NASDAQ:FWRD) - May 5 at 9:03 AM logoBRIEF-Forward Air Corp Q1 earnings per share $0.43 (NASDAQ:FWRD) - April 21 at 5:15 PM logoForward Air Corp. breached its 50 day moving average in a Bullish Manner : FWRD-US : March 4, 2016 (NASDAQ:FWRD) - March 4 at 8:17 AM logoFORWARD AIR CORP Files SEC form 10-K, Annual Report (NASDAQ:FWRD) - February 19 at 2:30 PM logoForward Air Corp. Earnings Analysis: 2015 By the Numbers (NASDAQ:FWRD) - February 16 at 12:48 PM logoFORWARD AIR CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NASDAQ:FWRD) - February 12 at 4:28 PM
News IconEarnings Watch: Forward Air, Rush Enterprises (NASDAQ:FWRD) - February 10 at 2:16 PM
News IconForward Air operating revenue up for Q4 2015 (NASDAQ:FWRD) - February 10 at 2:16 PM logoEdited Transcript of FWRD earnings conference call or presentation 10-Feb-16 2:00pm GMT (NASDAQ:FWRD) - February 10 at 10:15 AM


Forward Air Corp. (NASDAQ:FWRD) Chart for Friday, October, 21, 2016

Last Updated on 10/21/2016 by Staff