NASDAQ:FWRD - Forward Air Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$67.15 +1.92 (+2.94 %)
(As of 02/21/2019 09:23 AM ET)
Previous Close$65.23
Today's Range$65.04 - $67.16
52-Week Range$51.00 - $72.81
Volume221,153 shs
Average Volume145,362 shs
Market Capitalization$1.96 billion
P/E Ratio21.52
Dividend Yield1.10%
Beta1.55
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United State and Canada. The company operates through four segments: Expedited Less-than-truckload (LTL), Truckload Premium Services (TLS), Intermodal, and Pool Distribution (Pool). The Expedited LTL segment provides expedited regional, inter-regional, and national LTL services, as well as local pick-up and delivery services. It also offers shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling services. This segment provides its transportation services through a network of terminals located at or near airports. The TLS 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. The Pool segment offers high-frequency handling and distribution of time-sensitive products to various destinations. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.

Receive FWRD News and Ratings via Email

Sign-up to receive the latest news and ratings for FWRD and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Freight transportation arrangement
Sub-IndustryAir Freight & Logistics
SectorTransportation
Current SymbolNASDAQ:FWRD
CUSIP34985310
Phone423-636-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.32 billion
Cash Flow$4.7322 per share
Book Value$18.94 per share

Profitability

Net Income$92.05 million

Miscellaneous

Employees4,898
Market Cap$1.96 billion
OptionableOptionable

Forward Air (NASDAQ:FWRD) Frequently Asked Questions

What is Forward Air's stock symbol?

Forward Air trades on the NASDAQ under the ticker symbol "FWRD."

How often does Forward Air pay dividends? What is the dividend yield for Forward Air?

Forward Air declared a quarterly dividend on Friday, February 8th. Stockholders of record on Thursday, March 7th will be paid a dividend of $0.18 per share on Friday, March 22nd. This represents a $0.72 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend is Wednesday, March 6th. View Forward Air's Dividend History.

How were Forward Air's earnings last quarter?

Forward Air Co. (NASDAQ:FWRD) announced its quarterly earnings data on Thursday, February, 7th. The transportation company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.12. The transportation company had revenue of $356.60 million for the quarter, compared to analysts' expectations of $347.16 million. Forward Air had a return on equity of 16.97% and a net margin of 6.97%. The company's revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.65 earnings per share. View Forward Air's Earnings History.

When is Forward Air's next earnings date?

Forward Air is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Forward Air.

What guidance has Forward Air issued on next quarter's earnings?

Forward Air issued an update on its first quarter earnings guidance on Thursday, February, 7th. The company provided earnings per share guidance of $0.60-0.64 for the period, compared to the Thomson Reuters consensus estimate of $0.67. The company issued revenue guidance of +6-10% y/y (Approx $320-332 million), compared to the consensus revenue estimate of $326.68 million.Forward Air also updated its Q1 2019 guidance to $0.60-0.64 EPS.

What price target have analysts set for FWRD?

2 equities research analysts have issued 12 month price objectives for Forward Air's shares. Their predictions range from $67.00 to $73.00. On average, they expect Forward Air's stock price to reach $69.3333 in the next twelve months. This suggests a possible upside of 3.3% from the stock's current price. View Analyst Price Targets for Forward Air.

What is the consensus analysts' recommendation for Forward Air?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forward Air in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Forward Air.

Has Forward Air been receiving favorable news coverage?

News coverage about FWRD stock has trended somewhat negative recently, according to InfoTrie. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Forward Air earned a news impact score of -1.7 on InfoTrie's scale. They also assigned press coverage about the transportation company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next few days.

Who are some of Forward Air's key competitors?

Who are Forward Air's key executives?

Forward Air's management team includes the folowing people:
  • Mr. Bruce A. Campbell, Exec. Chairman (Age 67)
  • Mr. Michael Joseph Morris, CFO, Principal Accounting Officer, Sr. VP & Treasurer (Age 50)
  • Mr. Chris C. Ruble, Chief Operating Officer (Age 56)
  • Mr. Michael L. Hance, Sr. VP, Chief Legal Officer & Sec. (Age 47)
  • Mr. Matthew J. Jewell, Pres of Intermodal Services (Age 53)

Who are Forward Air's major shareholders?

Forward Air's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.48%), Dimensional Fund Advisors LP (4.44%), Victory Capital Management Inc. (3.58%), Royce & Associates LP (3.18%), Atlanta Capital Management Co. L L C (2.16%) and Fenimore Asset Management Inc. (1.97%). Company insiders that own Forward Air stock include Bruce A Campbell, C Robert Campbell, Chris C Ruble, Craig A Drum, George M Lynch, Glenn A Adelaar, Matthew J Jewell, Michael L Hance and Michael P Mclean. View Institutional Ownership Trends for Forward Air.

Which major investors are selling Forward Air stock?

FWRD stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Acadian Asset Management LLC, River Road Asset Management LLC, Two Sigma Advisers LP, Prudential Financial Inc., Bank of New York Mellon Corp, Cambiar Investors LLC and Royce & Associates LP. Company insiders that have sold Forward Air company stock in the last year include Bruce A Campbell, Chris C Ruble, George M Lynch, Glenn A Adelaar, Matthew J Jewell and Michael L Hance. View Insider Buying and Selling for Forward Air.

Which major investors are buying Forward Air stock?

FWRD stock was bought by a variety of institutional investors in the last quarter, including Bank of America Corp DE, First Trust Advisors LP, BlackRock Inc., Dean Investment Associates LLC, SG Americas Securities LLC, TrimTabs Asset Management LLC, Geode Capital Management LLC and Rhumbline Advisers. View Insider Buying and Selling for Forward Air.

How do I buy shares of Forward Air?

Shares of FWRD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Forward Air's stock price today?

One share of FWRD stock can currently be purchased for approximately $67.15.

How big of a company is Forward Air?

Forward Air has a market capitalization of $1.96 billion and generates $1.32 billion in revenue each year. The transportation company earns $92.05 million in net income (profit) each year or $3.12 on an earnings per share basis. Forward Air employs 4,898 workers across the globe.

What is Forward Air's official website?

The official website for Forward Air is http://www.forwardair.com.

How can I contact Forward Air?

Forward Air's mailing address is 1915 SNAPPS FERRY ROAD BUILDING N, GREENEVILLE TN, 37744. The transportation company can be reached via phone at 423-636-7000 or via email at [email protected]


MarketBeat Community Rating for Forward Air (NASDAQ FWRD)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  217 (Vote Outperform)
Underperform Votes:  354 (Vote Underperform)
Total Votes:  571
MarketBeat's community ratings are surveys of what our community members think about Forward Air and other stocks. Vote "Outperform" if you believe FWRD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FWRD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/21/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel