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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Freight transportation arrangement
Sub-IndustryAir Freight & Logistics
SectorTransportation
Current SymbolNASDAQ:FWRD
Previous Symbol
CUSIP34985310
Phone423-636-7000
Debt
Debt-to-Equity Ratio0.07
Current Ratio2.78
Quick Ratio2.78
Price-To-Earnings
Trailing P/E Ratio26.92
Forward P/E Ratio20.36
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.10 billion
Price / Sales1.69
Cash Flow$3.7742 per share
Price / Cash16.83
Book Value$17.92 per share
Price / Book3.54
Profitability
EPS (Most Recent Fiscal Year)$2.36
Net Income$87.32 million
Net Margins7.84%
Return on Equity15.16%
Return on Assets11.58%
Miscellaneous
Employees4,898
Outstanding Shares29,350,000
Market Cap$1.87 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 Wednesday, July 25th. Stockholders of record on Thursday, August 23rd will be paid a dividend of $0.15 per share on Friday, September 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date of this dividend is Wednesday, August 22nd. View Forward Air's Dividend History.
How were Forward Air's earnings last quarter?
Forward Air Co. (NASDAQ:FWRD) announced its quarterly earnings results on Wednesday, July, 25th. The transportation company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.75 by $0.07. The transportation company earned $330.30 million during the quarter, compared to the consensus estimate of $314.08 million. Forward Air had a return on equity of 15.16% and a net margin of 7.84%. The firm's revenue was up 16.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.64 earnings per share. View Forward Air's Earnings History.
When is Forward Air's next earnings date?
How can I listen to Forward Air's earnings call?
Forward Air will be holding an earnings conference call on Thursday, October 25th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8002301092.
What guidance has Forward Air issued on next quarter's earnings?
Forward Air issued an update on its third quarter earnings guidance on Wednesday, July, 25th. The company provided EPS guidance of $0.77-0.81 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.77. The company issued revenue guidance of $325.0-336.2 million, compared to the consensus revenue estimate of $318.53 million.
What price target have analysts set for FWRD?
5 analysts have issued 12-month price targets for Forward Air's stock. Their predictions range from $54.00 to $73.00. On average, they anticipate Forward Air's stock price to reach $66.25 in the next year. This suggests a possible upside of 4.3% from the stock's current price. View Analyst Price Targets for Forward Air.
What is the consensus analysts' recommendation for Forward Air?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forward Air in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. Matthew J. Jewell, Pres of Intermodal Bus. (Age 52)
- Mr. Chris C. Ruble, Chief Operating Officer of Expedited Bus. (Age 55)
Who are Forward Air's major shareholders?
Forward Air's stock is owned by many different of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (1.48%), BTIM Corp. (0.83%), Tributary Capital Management LLC (0.82%), NJ State Employees Deferred Compensation Plan (0.03%), Radnor Capital Management LLC (0.03%) and Bfsg LLC (0.02%). 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, Michael P Mclean and Rodney L Bell. View Institutional Ownership Trends for Forward Air.
Which institutional investors are selling Forward Air stock?
FWRD stock was sold by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, BTIM Corp., NJ State Employees Deferred Compensation Plan and Strs Ohio. 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 institutional investors are buying Forward Air stock?
FWRD stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Bfsg LLC, Ramsey Quantitative Systems, Everence Capital Management Inc. and Radnor Capital Management LLC. 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 $63.52.
How big of a company is Forward Air?
Forward Air has a market capitalization of $1.87 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.
What is Forward Air's official website?
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)
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.
