NASDAQ:FWRD - Forward Air Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $60.00 -0.55 (-0.91 %) (As of 05/19/2019 04:00 PM ET)Previous Close$60.00Today's Range$59.83 - $60.5852-Week Range$51.54 - $72.81Volume445,847 shsAverage Volume180,926 shsMarket Capitalization$1.72 billionP/E Ratio19.23Dividend Yield1.20%Beta1.59 ProfileAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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, final mile, 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 Stock Exchange NASDAQ Industry Freight transportation arrangement Sub-IndustryAir Freight & Logistics SectorTransportation Current SymbolNASDAQ:FWRD Previous Symbol CUSIP34985310 CIK912728 Webwww.forwardair.com Phone423-636-7000Debt Debt-to-Equity Ratio0.09 Current Ratio1.73 Quick Ratio1.73Price-To-Earnings Trailing P/E Ratio19.23 Forward P/E Ratio18.35 P/E GrowthN/A Sales & Book Value Annual Sales$1.32 billion Price / Sales1.30 Cash Flow$4.5977 per share Price / Cash Flow13.05 Book Value$19.29 per share Price / Book3.11Profitability EPS (Most Recent Fiscal Year)$3.12 Net Income$92.05 million Net Margins6.92% Return on Equity16.88% Return on Assets11.96%Miscellaneous Employees5,369 Outstanding Shares28,700,000Market Cap$1.72 billion Next Earnings Date7/24/2019 (Estimated) 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 announced a quarterly dividend on Thursday, April 25th. Stockholders of record on Friday, May 24th will be given a dividend of $0.18 per share on Friday, June 7th. This represents a $0.72 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, May 23rd. View Forward Air's Dividend History. How were Forward Air's earnings last quarter? Forward Air Co. (NASDAQ:FWRD) posted its earnings results on Wednesday, April, 24th. The transportation company reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.62 by $0.02. The transportation company earned $321.47 million during the quarter, compared to the consensus estimate of $324.22 million. Forward Air had a return on equity of 16.88% and a net margin of 6.92%. The company's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.60 EPS. 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, July 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 second quarter earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of $0.81-0.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.89. The company issued revenue guidance of $343.6-356.8 million (+4-8% y/y), compared to the consensus revenue estimate of $358.16 million. What price target have analysts set for FWRD? 2 Wall Street analysts have issued twelve-month price objectives for Forward Air's stock. Their forecasts range from $67.00 to $75.00. On average, they expect Forward Air's share price to reach $70.00 in the next twelve months. This suggests a possible upside of 16.7% 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 stories about FWRD stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Forward Air earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned media headlines about the transportation company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days. Who are some of Forward Air's key competitors? Some companies that are related to Forward Air include Brink's (BCO), Hub Group (HUBG), Echo Global Logistics (ECHO), CryoPort (CYRX), Roadrunner Transportation Systems (RRTS) and Sino-Global Shipping America (SINO). What other stocks do shareholders of Forward Air own? Based on aggregate information from My MarketBeat watchlists, some companies that other Forward Air investors own include Bed Bath & Beyond (BBBY), Pfizer (PFE), Allegiant Travel (ALGT), Clementia Pharmaceuticals (CMTA), Descartes Systems Group (DSGX), HD Supply (HDS), Kraft Heinz (KHC), Layne Christensen (LAYN), NXP Semiconductors (NXPI) and Rigel Pharmaceuticals (RIGL). 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. Thomas Schmitt, CEO, Pres & Director (Age 54)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) 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. (14.61%), ArrowMark Colorado Holdings LLC (6.13%), Dimensional Fund Advisors LP (4.53%), Neuberger Berman Group LLC (4.40%), Victory Capital Management Inc. (4.19%) and Wellington Management Group LLP (4.02%). Company insiders that own Forward Air stock include Bruce A Campbell, C Robert Campbell, Chris C Ruble, 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 ArrowMark Colorado Holdings LLC, Dalton Greiner Hartman Maher & Co., Morgan Stanley, Fenimore Asset Management Inc., Dean Investment Associates LLC, BlackRock Inc., JPMorgan Chase & Co. and Neuberger Berman Group LLC. 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 purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Goldman Sachs Group Inc., Renaissance Technologies LLC, Tributary Capital Management LLC, First Trust Advisors LP, Oxford Asset Management LLP, Man Group plc and Northern Trust Corp. 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 $60.00. How big of a company is Forward Air? Forward Air has a market capitalization of $1.72 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 5,369 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 ()Outperform Votes: 236 (Vote Outperform)Underperform Votes: 371 (Vote Underperform)Total Votes: 607MarketBeat'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 5/19/2019 by MarketBeat.com StaffFeatured Article: Understanding Analyst Recommendations Receive Analysts' Upgrades and Downgrades Daily 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.