NASDAQ:FWRD - Forward Air Stock Price, News, & Analysis

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$63.38 +0.14 (+0.22 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$63.38
Today's Range$62.5475 - $63.43
52-Week Range$49.88 - $64.99
Volume177,769 shs
Average Volume198,577 shs
Market Capitalization$1.85 billion
P/E Ratio26.86
Dividend Yield0.96%
Beta1.39
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

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

Debt

Debt-to-Equity Ratio0.07
Current Ratio2.78
Quick Ratio2.78

Price-To-Earnings

Trailing P/E Ratio26.86
Forward P/E Ratio20.25
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.10 billion
Price / Sales1.69
Cash Flow$3.8043 per share
Price / Cash16.66
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$1.85 billion

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. Shareholders of record on Thursday, August 23rd will be given a dividend of $0.15 per share on Friday, September 7th. This represents a $0.60 dividend on an annualized basis and a yield of 0.95%. 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) released its quarterly earnings results on Wednesday, July, 25th. The transportation company reported $0.82 earnings per share (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 analyst estimates of $314.08 million. Forward Air had a net margin of 7.84% and a return on equity of 15.16%. The business's quarterly revenue was up 16.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.64 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, October, 24th 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 third quarter earnings guidance on Wednesday, July, 25th. The company provided earnings per share guidance of $0.77-0.81 for the period, compared to the Thomson Reuters consensus 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 brokers have issued 12 month price objectives for Forward Air's shares. Their predictions range from $54.00 to $70.00. On average, they anticipate Forward Air's share price to reach $63.00 in the next twelve months. This suggests that the stock has a possible downside of 0.6%. 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 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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)

Has Forward Air been receiving favorable news coverage?

News articles about FWRD stock have been trending somewhat positive this week, according to Accern. The research group ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Forward Air earned a media and rumor sentiment score of 0.06 on Accern's scale. They also gave press coverage about the transportation company an impact score of 47.51 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Forward Air.

Who are Forward Air's major shareholders?

Forward Air's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.87%), Dimensional Fund Advisors LP (4.41%), Victory Capital Management Inc. (3.42%), Royce & Associates LP (3.34%), Fenimore Asset Management Inc. (2.01%) and Deprince Race & Zollo Inc. (1.48%). 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 Millennium Management LLC, United Services Automobile Association, Bank of America Corp DE, FMR LLC, Algert Global LLC, Acadian Asset Management LLC, BNP Paribas Arbitrage SA and Segall Bryant & Hamill 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, Michael L Hance and Michael P Mclean. View Insider Buying and Selling for Forward Air.

Which institutional investors are buying Forward Air stock?

FWRD stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., TD Asset Management Inc., Scopus Asset Management L.P., Deprince Race & Zollo Inc., BTIM Corp., Russell Investments Group Ltd., Dalton Greiner Hartman Maher & Co. and Tributary 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 $63.38.

How big of a company is Forward Air?

Forward Air has a market capitalization of $1.85 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 (NASDAQ FWRD)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  193 (Vote Outperform)
Underperform Votes:  322 (Vote Underperform)
Total Votes:  515
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 8/18/2018 by MarketBeat.com Staff

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