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

Forward Air trades on the NASDAQ under the ticker symbol "FWRD."

Forward Air announced a quarterly dividend on Thursday, April 25th. Stockholders of record on Friday, May 24th will be given a dividend of $0.18 per share on Friday, June 7th. This represents a $0.72 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, May 23rd. View Forward Air's Dividend History.

Forward Air Co. (NASDAQ:FWRD) posted its earnings results on Wednesday, April, 24th. The transportation company reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.62 by $0.02. The transportation company earned $321.47 million during the quarter, compared to the consensus estimate of $324.22 million. Forward Air had a return on equity of 16.88% and a net margin of 6.92%. The company's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.60 EPS. View Forward Air's Earnings History.

Forward Air is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for Forward Air.

Forward Air issued an update on its second quarter earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of $0.81-0.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.89. The company issued revenue guidance of $343.6-356.8 million (+4-8% y/y), compared to the consensus revenue estimate of $358.16 million.

2 Wall Street analysts have issued twelve-month price objectives for Forward Air's stock. Their forecasts range from $67.00 to $75.00. On average, they expect Forward Air's share price to reach $70.00 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price. View Analyst Price Targets for Forward Air.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forward Air in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Forward Air.

News stories about FWRD stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Forward Air earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned media headlines about the transportation company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Some companies that are related to Forward Air include Brink's (BCO), Hub Group (HUBG), Echo Global Logistics (ECHO), CryoPort (CYRX), Roadrunner Transportation Systems (RRTS) and Sino-Global Shipping America (SINO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Forward Air investors own include Bed Bath & Beyond (BBBY), Pfizer (PFE), Allegiant Travel (ALGT), Clementia Pharmaceuticals (CMTA), Descartes Systems Group (DSGX), HD Supply (HDS), Kraft Heinz (KHC), Layne Christensen (LAYN), NXP Semiconductors (NXPI) and Rigel Pharmaceuticals (RIGL).

Forward Air's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.61%), ArrowMark Colorado Holdings LLC (6.13%), Dimensional Fund Advisors LP (4.53%), Neuberger Berman Group LLC (4.40%), Victory Capital Management Inc. (4.19%) and Wellington Management Group LLP (4.02%). Company insiders that own Forward Air stock include Bruce A Campbell, C Robert Campbell, Chris C Ruble, George M Lynch, Glenn A Adelaar, Matthew J Jewell, Michael L Hance and Michael P Mclean. View Institutional Ownership Trends for Forward Air.

FWRD stock was sold by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, Dalton Greiner Hartman Maher & Co., Morgan Stanley, Fenimore Asset Management Inc., Dean Investment Associates LLC, BlackRock Inc., JPMorgan Chase & Co. and Neuberger Berman Group 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 and Michael L Hance. View Insider Buying and Selling for Forward Air.

FWRD stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Goldman Sachs Group Inc., Renaissance Technologies LLC, Tributary Capital Management LLC, First Trust Advisors LP, Oxford Asset Management LLP, Man Group plc and Northern Trust Corp. View Insider Buying and Selling for 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.

One share of FWRD stock can currently be purchased for approximately $60.00.

Forward Air has a market capitalization of $1.72 billion and generates $1.32 billion in revenue each year. The transportation company earns $92.05 million in net income (profit) each year or $3.12 on an earnings per share basis. Forward Air employs 5,369 workers across the globe.

The official website for Forward Air is http://www.forwardair.com.

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]