NASDAQ:FWRD - Forward Air Stock Price, Price Target & More

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$62.38 -1.00 (-1.58 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$63.38
Today's Range$61.96 - $63.96
52-Week Range$49.88 - $64.80
Volume333,500 shs
Average Volume173,452 shs
Market Capitalization$1.86 billion
P/E Ratio25.45
Dividend Yield0.95%
Beta1.27
Forward Air logoForward 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.08
Current Ratio2.56
Quick Ratio2.56

Price-To-Earnings

Trailing P/E Ratio25.45
Forward P/E Ratio20.66
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.10 billion
Price / Sales1.67
Cash Flow$3.7242 per share
Price / Cash16.75
Book Value$17.92 per share
Price / Book3.48

Profitability

EPS (Most Recent Fiscal Year)$2.36
Net Income$87.32 million
Net Margins7.85%
Return on Equity14.41%
Return on Assets11.10%

Miscellaneous

Employees4,898
Outstanding Shares29,420,000

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 Thursday, April 26th. Stockholders of record on Friday, May 25th will be paid a dividend of $0.15 per share on Friday, June 8th. This represents a $0.60 annualized dividend and a dividend yield of 0.96%. The ex-dividend date is Thursday, May 24th. View Forward Air's Dividend History.

How were Forward Air's earnings last quarter?

Forward Air Co. (NASDAQ:FWRD) issued its quarterly earnings data on Wednesday, April, 25th. The transportation company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.03. The transportation company had revenue of $302.60 million for the quarter, compared to analysts' expectations of $291.73 million. Forward Air had a return on equity of 14.41% and a net margin of 7.85%. The company's quarterly revenue was up 15.5% compared to the same quarter last year. During the same period last year, the company earned $0.48 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, July, 25th 2018. 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, 25th. The company provided earnings per share (EPS) guidance of $0.73-$0.77 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.76.

What price target have analysts set for FWRD?

6 brokers have issued twelve-month price objectives for Forward Air's shares. Their forecasts range from $54.00 to $74.00. On average, they anticipate Forward Air's stock price to reach $63.00 in the next year. View Analyst Ratings for Forward Air.

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, Chairman, Pres & CEO (Age 66)
  • Mr. Michael Joseph Morris, CFO, Principal Accounting Officer, Sr. VP & Treasurer (Age 49)
  • Mr. Michael L. Hance, Sr. VP, Chief Legal Officer & Sec. (Age 46)
  • Mr. Chris C. Ruble, Pres of Expedited Services (Age 55)
  • Mr. Matthew J. Jewell, Pres of Logistics Services (Age 52)

Has Forward Air been receiving favorable news coverage?

News stories about FWRD stock have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Forward Air earned a media sentiment score of 0.20 on Accern's scale. They also assigned media coverage about the transportation company an impact score of 45.42 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are Forward Air's major shareholders?

Forward Air's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.77%), Neuberger Berman Group LLC (5.18%), Dimensional Fund Advisors LP (4.31%), Victory Capital Management Inc. (3.40%), Atlanta Capital Management Co. L L C (2.21%) and Northern Trust Corp (1.49%). Company insiders that own Forward Air stock include Bruce A Campbell, C Robert Campbell, Chris C Ruble, Craig A Drum, George M Lynch, Matthew J Jewell, Michael L Hance, Michael P Mclean and Rodney L Bell. 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., Hawk Ridge Capital Management LP, Neuberger Berman Group LLC, JPMorgan Chase & Co., Quantbot Technologies LP, Envestnet Asset Management Inc., FDx Advisors Inc. and Atlanta Capital Management Co. L L C. Company insiders that have sold Forward Air company stock in the last year include Bruce A Campbell, Chris C Ruble, George M Lynch, Matthew J Jewell, Michael L Hance and Michael P Mclean. View Insider Buying and Selling for Forward Air.

Which major investors are buying Forward Air stock?

FWRD stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Hsbc Holdings PLC, Dean Investment Associates LLC, BlackRock Inc., BNP Paribas Arbitrage SA, CIBC World Markets Inc., American Century Companies Inc. and Wesbanco Bank Inc.. 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 $62.38.

How big of a company is Forward Air?

Forward Air has a market capitalization of $1.86 billion and generates $1.10 billion in revenue each year. The transportation company earns $87.32 million in net income (profit) each year or $2.36 on an earnings per share basis. Forward Air employs 4,898 workers across the globe.

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 (FWRD)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  171 (Vote Outperform)
Underperform Votes:  292 (Vote Underperform)
Total Votes:  463
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 6/23/2018 by MarketBeat.com Staff

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