NASDAQ:FWRD Forward Air (FWRD) Stock Price, News & Analysis $26.00 -1.67 (-6.04%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$24.94▼$28.0550-Day Range$12.25▼$27.6752-Week Range$11.21▼$121.38Volume627,161 shsAverage Volume741,500 shsMarket Capitalization$687.44 millionP/E Ratio7.60Dividend YieldN/APrice Target$76.86 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Forward Air alerts: Email Address Forward Air MarketRank™ Stock AnalysisAnalyst RatingHold2.38 Rating ScoreUpside/Downside195.6% Upside$76.86 Price TargetShort InterestBearish31.66% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.49Based on 9 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.46) to $0.89 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.53 out of 5 starsTransportation Sector83rd out of 120 stocksFreight Transportation Arrangement Industry4th out of 6 stocks 3.2 Analyst's Opinion Consensus RatingForward Air has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 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. Previous Next 1.0 Short Interest Percentage of Shares Shorted31.66% 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 4.6.Change versus previous monthShort interest in Forward Air has recently increased by 6.14%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldForward Air does not currently pay a dividend.Dividend GrowthForward Air does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FWRD. Previous Next 1.9 News and Social Media Coverage News SentimentForward Air has a news sentiment score of 0.49. 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 news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Forward Air this week, compared to 6 articles on an average week.Search InterestOnly 9 people have searched for FWRD on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added Forward Air to their MarketBeat watchlist in the last 30 days. This is a decrease of -21% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Forward Air insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.70% of the stock of Forward Air is held by insiders.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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Forward Air are expected to grow in the coming year, from ($0.46) to $0.89 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Forward Air is 7.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Forward Air is 7.60, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 21.48.Price to Book Value per Share RatioForward Air has a P/B Ratio of 0.87. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just released the details on what he’s calling Elon’s Project X-9840. Click here to see the details because there’s not much time to prepare. About Forward Air Stock (NASDAQ:FWRD)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. 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 FWRD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FWRD Stock News HeadlinesJune 27, 2024 | marketbeat.com7 Short Squeeze Stocks to Look Into for Your PortfolioIn 2021, a trader with a large Reddit following induced a massive rally in shares of GameStop Corp. NYSE: GME. The downtrodden gaming retailer was the most shorted stock in the entire market in January 2021, but the retail buying frenzy triggered a massive run-up in price as hedge funds were forced to cover their short positions to prevent huge losses.June 27, 2024 | marketbeat.com7 Short Squeeze Stocks to Look Into for Your Portfolio (FWRD)Explore our top picks for short-squeeze stocks that could skyrocket your portfolio. Learn what makes them stand out, and how to spot similar opportunities.July 27, 2024 | Paradigm Press (Ad)Musk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just released the details on what he’s calling Elon’s Project X-9840.July 24 at 2:46 PM | markets.businessinsider.comOld Dominion Freight Line Tops Q2 Earnings EstimatesJuly 22, 2024 | seekingalpha.comAfter Punishing Q1, Forward Air Needs To Grow Back Into ProfitabilityJuly 21, 2024 | americanbankingnews.comForward Air Co. (NASDAQ:FWRD) Receives $76.86 Average Price Target from AnalystsJuly 17, 2024 | americanbankingnews.comForward Air Co. (NASDAQ:FWRD) Short Interest Down 13.4% in JuneJuly 16, 2024 | investorplace.com7 Transportation Stocks to Buy Now: Q3 EditionJuly 27, 2024 | Paradigm Press (Ad)Musk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just released the details on what he’s calling Elon’s Project X-9840.July 3, 2024 | businesswire.comForward Air Charters Next Phase of Growth With Expansion of Financial Leadership TeamJuly 2, 2024 | fool.comWhy Forward Air Stock Advanced in JuneJune 28, 2024 | insidermonkey.comForward Air Corporation (FWRD): Hedge Funds Are Shorting This Stock Right NowJune 5, 2024 | fool.comWhy Forward Air Stock Hit New Lows in MayMay 29, 2024 | msn.comWolfe Research Upgrades Forward Air (FWRD)May 29, 2024 | msn.comActivist investor Irenic Capital builds stake in Forward Air - reportMay 28, 2024 | wsj.comActivist Irenic Builds Stake in Trucking Company Forward AirMay 28, 2024 | finance.yahoo.comMidwest Express, Sterling building national wholesale linehaul networkMay 22, 2024 | finance.yahoo.comDo Options Traders Know Something About Forward Air (FWRD) Stock We Don't?See More Headlines 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 Company Calendar Last Earnings5/08/2024Today7/26/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Freight transportation arrangement Sub-IndustryAir Freight & Logistics Current SymbolNASDAQ:FWRD CUSIP34985310 CIK912728 Webwww.forwardair.com Phone(423) 636-7000Fax423-783-9019Employees4,251Year Founded1993Price Target and Rating Average Stock Price Target$76.86 High Stock Price Target$130.00 Low Stock Price Target$17.00 Potential Upside/Downside+195.6%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$3.42 Trailing P/E Ratio7.60 Forward P/E RatioN/A P/E GrowthN/ANet Income$167.35 million Net Margins4.08% Pretax Margin-5.62% Return on Equity5.37% Return on Assets1.98% Debt Debt-to-Equity Ratio1.27 Current Ratio1.28 Quick Ratio1.28 Sales & Book Value Annual Sales$1.37 billion Price / Sales0.50 Cash Flow$6.39 per share Price / Cash Flow4.07 Book Value$29.74 per share Price / Book0.87Miscellaneous Outstanding Shares26,440,000Free Float25,195,000Market Cap$687.44 million OptionableOptionable Beta1.00 Social Links Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report Key ExecutivesMr. Michael L. Hance (Age 52)Interim CEO, Chief Legal Officer & Secretary Comp: $1.3MMr. Chris C. Ruble (Age 61)President & COO Comp: $1.74MMs. Rebecca J. Garbrick (Age 48)CFO & Treasurer Comp: $1.14MMr. Kyle R. Mitchin (Age 44)Chief People Officer Comp: $926.9kMr. Joseph Michael Tomasello (Age 47)Chief Information Officer Ms. Nancee Ronning (Age 63)Chief Commercial Officer More ExecutivesKey CompetitorsEcho Global LogisticsNASDAQ:ECHORocket Lab USANASDAQ:RKLBAir Transport Services GroupNASDAQ:ATSGPark-OhioNASDAQ:PKOHUnited Parcel ServiceNYSE:UPSView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 31,846 shares on 7/26/2024Ownership: 1.099%Louisiana State Employees Retirement SystemBought 600 shares on 7/24/2024Ownership: 0.060%Boston Trust Walden CorpBought 32,116 shares on 7/19/2024Ownership: 0.121%Gladius Capital Management LPBought 493 shares on 7/19/2024Ownership: 0.007%SG Americas Securities LLCBought 11,541 shares on 7/12/2024Ownership: 0.044%View All Insider TransactionsView All Institutional Transactions FWRD Stock Analysis - Frequently Asked Questions How have FWRD shares performed this year? Forward Air's stock was trading at $62.87 on January 1st, 2024. Since then, FWRD shares have decreased by 58.6% and is now trading at $26.00. View the best growth stocks for 2024 here. How were Forward Air's earnings last quarter? Forward Air Co. (NASDAQ:FWRD) released its quarterly earnings data on Wednesday, May, 8th. The transportation company reported ($0.64) earnings per share for the quarter, missing the consensus estimate of ($0.15) by $0.49. The transportation company had revenue of $541.81 million for the quarter, compared to analysts' expectations of $644 million. Forward Air had a net margin of 4.08% and a trailing twelve-month return on equity of 5.37%. What is Bruce A. Campbell's approval rating as Forward Air's CEO? 101 employees have rated Forward Air Chief Executive Officer Bruce A. Campbell on Glassdoor.com. Bruce A. Campbell has an approval rating of 54% among the company's employees. This puts Bruce A. Campbell in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 56.0% of employees surveyed would recommend working at Forward Air to a friend. Does Forward Air have any subsidiaries? The following companies are subsidiaries of Forward Air: 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 shareholders include Ridgemont Partners Management LLC (7.23%), Bank of New York Mellon Corp (1.10%), Boston Trust Walden Corp (0.12%) and Louisiana State Employees Retirement System (0.06%). Insiders that own company stock include Thomas Schmitt, Michael L Hance, Chris C Ruble, Kyle R Mitchin, Laurie Anne Tucker, Nancee L Ronning and Javier Polit. 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. Compare Top Brokerages Here. 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 Pfizer (PFE), Verizon Communications (VZ), AbbVie (ABBV), Albemarle (ALB), Carnival Co. & (CCL), Dominion Energy (D) and Eastman Chemical (EMN). This page (NASDAQ:FWRD) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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