NASDAQ:FWRD - Forward Air Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Forward Air Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $69.52 -0.11 (-0.16 %) (As of 12/11/2019 06:00 AM ET) Add Compare Today's Range$69.31Now: $69.52▼$69.8450-Day Range$63.61MA: $69.47▼$71.0152-Week Range$51.54Now: $69.52▼$72.09Volume86,436 shsAverage Volume149,690 shsMarket Capitalization$1.96 billionP/E Ratio22.28Dividend Yield1.03%Beta1.54 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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 Stock Exchange NASDAQ Industry Freight transportation arrangement Sub-IndustryAir Freight & Logistics SectorTransportation Current SymbolNASDAQ:FWRD Previous Symbol CUSIP34985310 CIK912728 Webhttp://www.forwardair.com/ Phone423-636-7000Debt Debt-to-Equity Ratio0.33 Current Ratio1.54 Quick Ratio1.54Price-To-Earnings Trailing P/E Ratio22.28 Forward P/E Ratio21.59 P/E GrowthN/A Sales & Book Value Annual Sales$1.32 billion Price / Sales1.48 Cash Flow$4.60 per share Price / Cash Flow15.10 Book Value$18.94 per share Price / Book3.67Profitability EPS (Most Recent Fiscal Year)$3.12 Net Income$92.05 million Net Margins6.54% Return on Equity17.06% Return on Assets10.62%Miscellaneous Employees5,369 Outstanding Shares28,172,000Market Cap$1.96 billion Next Earnings Date2/6/2020 (Estimated) OptionableOptionable Receive FWRD News and Ratings via Email Sign-up to receive the latest news and ratings for FWRD and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:FWRD Rates by TradingView 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? Some companies that are related to Forward Air include United Parcel Service (UPS), FedEx (FDX), Expeditors International of Washington (EXPD), C.H. Robinson Worldwide (CHRW), XPO Logistics (XPO), Hub Group (HUBG), Air Transport Services Group (ATSG), Atlas Air Worldwide (AAWW), Echo Global Logistics (ECHO) and Park-Ohio (PKOH). 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 ( )Outperform Votes: 269 (Vote Outperform)Underperform Votes: 417 (Vote Underperform)Total Votes: 686MarketBeat'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 StaffFeatured Article: What is a conference call?