NASDAQ:FWRD Forward Air (FWRD) Stock Price, News & Analysis $8.80 0.00 (0.00%) Closing price 05/22/2026 04:00 PM EasternExtended Trading$8.76 -0.04 (-0.51%) As of 05/22/2026 07:59 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Forward Air Stock (NASDAQ:FWRD) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Forward Air alerts:Sign Up Key Stats Today's Range$8.28▼$8.9050-Day Range$8.31▼$23.4452-Week Range$7.86▼$32.47Volume1.07 million shsAverage Volume1.95 million shsMarket Capitalization$278.26 millionP/E RatioN/ADividend YieldN/APrice Target$17.50Consensus RatingHold Company Overview Forward Air Corporation is a leading North American provider of expedited ground transportation and related logistics services, specializing in time-sensitive shipments. The company offers a comprehensive suite of solutions including less-than-truckload (LTL) expedited freight, consolidation and distribution services, container drayage, and final-mile delivery. By integrating transportation management with warehousing, inventory control, and technology-driven tracking, Forward Air supports customers across a variety of industries such as manufacturing, retail, automotive and chemicals. Founded in 1981 and headquartered in Greeneville, Tennessee, Forward Air has developed a broad network of service centers, terminals and rail ramps throughout the United States, Canada and Puerto Rico. The company’s infrastructure is designed to facilitate efficient cross-border movement and expedited regional distribution, leveraging both company-owned assets and strategic partnerships with rail and trucking carriers. Forward Air’s technology platform provides real-time visibility into shipment status, enabling customers to monitor key performance indicators and maintain control over their supply chains. Under the leadership of President and Chief Executive Officer Thomas C. Schmitt, Forward Air emphasizes operational excellence, safety and regulatory compliance. The company’s management team combines industry expertise with a focus on continuous improvement, deploying data analytics and process optimization initiatives to enhance service reliability while managing costs. Forward Air’s commitment to customer service and its ability to adapt logistics solutions to evolving market demands have supported the company’s sustained growth since its inception.AI Generated. May Contain Errors. Read More Forward Air Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks70th Percentile Overall ScoreFWRD MarketRank™: Forward Air scored higher than 70% of companies evaluated by MarketBeat, and ranked 52nd out of 131 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.7 / 5Analyst RatingHold Consensus RatingForward Air has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on no strong buy ratings, 3 buy ratings, no hold ratings, and 2 sell ratings.Upside PotentialForward Air has a consensus price target of $17.50, representing about 98.9% upside from its current price of $8.80.Amount of Analyst CoverageForward Air has only been the subject of 3 research reports in the past 90 days.Read more about Forward Air's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Forward Air are expected to grow in the coming year, from ($1.08) to ($0.58) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Forward Air is -3.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Forward Air is -3.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioForward Air has a P/B Ratio of 2.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Forward Air's valuation and earnings. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted10.38% 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 3.96, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Forward Air has recently decreased by 33.45%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldForward Air does not currently pay a dividend.Dividend GrowthForward Air does not have a long track record of dividend growth. News and Social Media3.2 / 5News Sentiment0.18 News SentimentForward Air has a news sentiment score of 0.18. 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 is a lower news sentiment than the 0.43 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Forward Air this week, compared to 3 articles on an average week.Search Interest11 people have searched for FWRD on MarketBeat in the last 30 days. This is an increase of 1,000% compared to the previous 30 days.MarketBeat Follows3 people have added Forward Air to their MarketBeat watchlist in the last 30 days. Company Ownership1.3 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Forward Air insiders have not sold or bought any company stock.Percentage Held by Insiders15.70% of the stock of Forward Air is held by insiders. A high percentage of insider ownership can be a sign of company health.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. 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. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. FWRD Stock News HeadlinesForward Air Corporation (NASDAQ:FWRD) Given Consensus Recommendation of "Hold" by BrokeragesMay 24 at 2:19 AM | americanbankingnews.comFWRD SHAREHOLDER ALERT: Investors Encouraged to Contact Kirby McInerney LLP About Potential Securities Laws ViolationsMay 22 at 7:00 PM | globenewswire.comALERT: Drop these 5 stocks before the market opens tomorrow!The Wall Street Journal is already raising the alarm about a potential market crash, and Weiss Ratings research points to the first half of 2026 as a particularly rough stretch for certain holdings. Some of America's most popular stocks could take serious damage as a radical market shift plays out. Analysts at Weiss Ratings have identified five names you may want to remove from your portfolio before this unfolds. If any of these are in your portfolio, now is the time to review your positions. | Weiss Ratings (Ad)INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Forward Air Corporation - FWRDMay 21, 2026 | prnewswire.comFWRD SHAREHOLDER ALERT: Investors Encouraged to Contact Kirby McInerney LLP About Potential Securities Laws ViolationsMay 20, 2026 | businesswire.comForward Air Earnings Call Balances Progress and RiskMay 19, 2026 | tipranks.comINVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Forward Air Corporation - FWRDMay 19, 2026 | globenewswire.comFORWARD AIR STOCKHOLDER ALERT: Bragar Eagel & Squire, P.C. is Investigating Forward Air Corporation on Behalf of Forward Air Stockholders and Encourages Investors to Contact the FirmMay 19, 2026 | globenewswire.comSee More Headlines FWRD Stock Analysis - Frequently Asked Questions How have FWRD shares performed this year? Forward Air's stock was trading at $25.00 on January 1st, 2026. Since then, FWRD shares have decreased by 64.8% and is now trading at $8.80. How were Forward Air's earnings last quarter? Forward Air Corporation (NASDAQ:FWRD) posted its earnings results on Thursday, May, 7th. The transportation company reported ($1.09) earnings per share for the quarter, missing the consensus estimate of ($0.35) by $0.74. The firm's quarterly revenue was down 5.1% on a year-over-year basis. Read the conference call transcript. Does Forward Air have any subsidiaries? Forward Air subsidiaries include Atlantic Trucking Company, CLP Towne, Central States Logistics, Central States Trucking, Total Quality, Service Express, Pinch Holdings, and more. Who are Forward Air's major shareholders? Forward Air's top institutional investors include Littlejohn & Co. LLC (2.32%), Dimensional Fund Advisors LP (0.98%), Bank of America Corp DE (0.98%) and Renaissance Technologies LLC (0.67%). Insiders that own company stock include Cetus Capital Vi, LP, Thomas Schmitt, Michael L Hance, Chris C Ruble, Kyle R Mitchin, Laurie Anne Tucker and Nancee L Ronning. 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. 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 NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Tesla (TSLA), Netflix (NFLX) and Adobe (ADBE). Company Calendar Last Earnings5/07/2026Today5/25/2026Next Earnings (Estimated)8/10/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Red Zone (2w+) 1-Year History May 25 Aug 25 Nov 25 Feb 26 May 26 For the last 2 weeks, FWRD's financial health has been in the Red zone, according to TradeSmith. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry TRANS - TRUCK Sub-IndustryAir Freight & Logistics Current SymbolNASDAQ:FWRD CIK912728 Webwww.forwardair.com Phone(423) 636-7000Fax423-783-9019Employees6,062Year Founded1981Price Target and Rating Average Price Target for Forward Air$17.50 High Price Target$18.00 Low Price Target$17.00 Potential Upside/Downside+98.9%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Trailing Twelve Months)($2.93) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income-$107.80 million Net Margins-3.71% Pretax Margin-5.84% Return on Equity-41.21% Return on Assets-2.61% Debt Debt-to-Equity Ratio13.98 Current Ratio1.23 Quick Ratio1.23 Sales & Book Value Annual Sales$2.50 billion Price / Sales0.11 Cash Flow$2.15 per share Price / Cash Flow4.09 Book Value$3.87 per share Price / Book2.27Miscellaneous Outstanding Shares31,620,000Free Float26,660,000Market Cap$278.26 million OptionableOptionable Beta1.59 Social Links 7 Stocks to Buy And Hold ForeverClick the link to see MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report This page (NASDAQ:FWRD) was last updated on 5/25/2026 by MarketBeat.com Staff. 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