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

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

Forward Air announced a quarterly dividend on Tuesday, October 22nd. Stockholders 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 dividend yield of 1.03%. The ex-dividend date is Wednesday, November 20th. View Forward Air's Dividend History.

Forward Air Co. (NASDAQ:FWRD) posted its earnings results on Thursday, October, 24th. The transportation company reported $0.78 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.78. The transportation company had revenue of $361.70 million for the quarter, compared to analyst estimates of $354.91 million. Forward Air had a net margin of 6.54% and a return on equity of 17.06%. The business's revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.76 EPS. View Forward Air's Earnings History.

Forward Air is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Forward Air.

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 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.

2 Wall Street analysts have issued 12 month price objectives 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 twelve months. This suggests a possible upside of 7.7% 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Forward Air.

Press coverage about FWRD stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Forward Air earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news articles about the transportation company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Forward Air.

Forward Air saw a drop in short interest in the month of 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 short-interest ratio is currently 4.0 days. Approximately 2.0% of the company's shares are short sold. View Forward Air's Current Options Chain.

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).

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).

Forward Air's stock is owned by a variety of of institutional and retail investors. Top institutional investors 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.

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.

FWRD stock was bought 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.

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.

One share of FWRD stock can currently be purchased for approximately $69.61.

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.

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]