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. 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.

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.

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 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.

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.

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.

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.

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.

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 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.

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 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.

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 $69.52.

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]