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

$69.52
-0.11 (-0.16 %)
(As of 12/11/2019 06:00 AM ET)
Today's Range
$69.31
Now: $69.52
$69.84
50-Day Range
$63.61
MA: $69.47
$71.01
52-Week Range
$51.54
Now: $69.52
$72.09
Volume86,436 shs
Average Volume149,690 shs
Market Capitalization$1.96 billion
P/E Ratio22.28
Dividend Yield1.03%
Beta1.54
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.32 billion
Cash Flow$4.60 per share
Book Value$18.94 per share

Profitability

Net Income$92.05 million

Miscellaneous

Employees5,369
Market Cap$1.96 billion
Next Earnings Date2/6/2020 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Tuesday, October 22nd. Shareholders of record on Thursday, November 21st will be given a dividend of $0.18 per share on Friday, December 6th. This represents a $0.72 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend is Wednesday, November 20th. View Forward Air's Dividend History.

How were Forward Air's earnings last quarter?

Forward Air Co. (NASDAQ:FWRD) announced its earnings results on Thursday, October, 24th. The transportation company reported $0.78 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.78. The transportation company earned $361.70 million during the quarter, compared to analyst estimates of $354.91 million. Forward Air had a return on equity of 17.06% and a net margin of 6.54%. The firm's quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.76 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 Thursday, February 6th 2020. View Earnings Estimates for Forward Air.

What guidance has Forward Air issued on next quarter's earnings?

Forward Air updated its fourth quarter earnings guidance on Thursday, October, 24th. The company provided earnings per share guidance of $0.90-0.94 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.91. The company issued revenue guidance of 6-10% (Approx $377-391 million), compared to the consensus revenue estimate of $379.19 million.

What price target have analysts set for FWRD?

2 brokers have issued 12-month target prices for Forward Air's shares. Their forecasts range from $75.00 to $75.00. On average, they anticipate Forward Air's stock price to reach $75.00 in the next year. This suggests a possible upside of 7.9% from the stock's current price. View Analyst Price Targets for Forward Air.

What is the consensus analysts' recommendation for Forward Air?

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

Has Forward Air been receiving favorable news coverage?

News coverage about FWRD stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Forward Air earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned news articles about the transportation company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Forward Air.

Are investors shorting Forward Air?

Forward Air saw a drop in short interest in November. As of November 15th, there was short interest totalling 554,400 shares, a drop of 8.6% from the October 31st total of 606,800 shares. Based on an average trading volume of 137,100 shares, the days-to-cover ratio is currently 4.0 days. Currently, 2.0% of the shares of the company are sold short. View Forward Air's Current Options Chain.

Who are some of Forward Air's key competitors?

What other stocks do shareholders of Forward Air own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Forward Air investors own include Verizon Communications (VZ), CVS Health (CVS), Walt Disney (DIS), Cisco Systems (CSCO), Mcdonald's (MCD), AT&T (T), UnitedHealth Group (UNH), Applied Materials (AMAT), AbbVie (ABBV) and General Electric (GE).

Who are Forward Air's key executives?

Forward Air's management team includes the folowing people:
  • Mr. Bruce A. Campbell, Exec. Chairman (Age 67)
  • Mr. Thomas Schmitt, CEO, Pres & Director (Age 54)
  • Mr. Michael Joseph Morris, CFO, Principal Accounting Officer, Sr. VP & Treasurer (Age 50)
  • Mr. Chris C. Ruble, Chief Operating Officer (Age 56)
  • Mr. Michael L. Hance, Sr. VP, Chief Legal Officer & Sec. (Age 47)

Who are Forward Air's major shareholders?

Forward Air's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.07%), Tributary Capital Management LLC (1.49%), Dalton Greiner Hartman Maher & Co. (1.09%), Boston Trust Walden Corp (1.07%), River Road Asset Management LLC (1.07%) and Man Group plc (0.69%). Company insiders that own Forward Air stock include Bruce A Campbell, Chris C Ruble, George M Lynch, Glenn A Adelaar, Matthew J Jewell and Michael L Hance. 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 First Trust Advisors LP, State Street Corp, Millennium Management LLC, SG Americas Securities LLC, Man Group plc, Barclays PLC, Tributary Capital Management LLC and Cambiar Investors LLC. Company insiders that have sold Forward Air company stock in the last year include Bruce A Campbell, Chris C Ruble and Glenn A Adelaar. 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 Massachusetts Financial Services Co. MA, Scout Investments Inc., Boston Trust Walden Corp, Carillon Tower Advisers Inc., California Public Employees Retirement System, Squarepoint Ops LLC, State of Alaska Department of Revenue and Synovus Financial Corp. 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, Robinhood, Fidelity and Charles Schwab.

What is Forward Air's stock price today?

One share of FWRD stock can currently be purchased for approximately $69.52.

How big of a company is Forward Air?

Forward Air has a market capitalization of $1.96 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.View Additional Information About Forward Air.

What is Forward Air's official website?

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

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:  2.0 out of 5 (star star)
Outperform Votes:  269 (Vote Outperform)
Underperform Votes:  417 (Vote Underperform)
Total Votes:  686
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 12/11/2019 by MarketBeat.com Staff

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