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 Tuesday, July 23rd. Shareholders of record on Thursday, August 22nd will be given a dividend of $0.18 per share on Friday, September 6th. This represents a $0.72 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend is Wednesday, August 21st. View Forward Air's Dividend History.

Forward Air Co. (NASDAQ:FWRD) issued its quarterly earnings results on Thursday, July, 25th. The transportation company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by $0.04. The transportation company earned $345.76 million during the quarter, compared to the consensus estimate of $348.07 million. Forward Air had a net margin of 6.70% and a return on equity of 17.18%. Forward Air's revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.82 EPS. View Forward Air's Earnings History.

Forward Air is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Forward Air.

Forward Air updated its third quarter earnings guidance on Thursday, July, 25th. The company provided earnings per share guidance of $0.77-0.81 for the period, compared to the Thomson Reuters consensus estimate of $0.84. The company issued revenue guidance of +7-11%(~$354.6-367.8 million), compared to the consensus revenue estimate of $355.53 million.

2 Wall Street analysts have issued 1 year price objectives for Forward Air's stock. Their forecasts range from $67.00 to $75.00. On average, they expect Forward Air's stock price to reach $70.00 in the next year. This suggests a possible upside of 15.5% 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 headlines about FWRD stock have been trending negative on Sunday, InfoTrie reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Forward Air earned a news impact score of -2.3 on InfoTrie's scale. They also assigned media coverage about the transportation company a news buzz of 0.0 out of 10, meaning that recent media 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 increase in short interest in July. As of July 31st, there was short interest totalling 726,400 shares, an increase of 18.5% from the June 30th total of 612,800 shares. Based on an average daily volume of 168,900 shares, the days-to-cover ratio is currently 4.3 days. Approximately 2.6% of the company's stock are sold short. View Forward Air's Current Options Chain.

Some companies that are related to Forward Air include Brink's (BCO), Hub Group (HUBG), CryoPort (CYRX), Echo Global Logistics (ECHO), 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 Verizon Communications (VZ), Mcdonald's (MCD), CVS Health (CVS), Walt Disney (DIS), Pfizer (PFE), UnitedHealth Group (UNH), Applied Materials (AMAT), Bed Bath & Beyond (BBBY), Micron Technology (MU) and Citigroup (C).

Forward Air's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.86%), Vanguard Group Inc. (10.51%), Victory Capital Management Inc. (4.30%), Silvercrest Asset Management Group LLC (2.45%), Atlanta Capital Management Co. L L C (2.03%) and Northern Trust Corp (1.75%). Company insiders that own Forward Air stock include Bruce A 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 Invesco Ltd., Dalton Greiner Hartman Maher & Co., Vanguard Group Inc., Atlanta Capital Management Co. L L C, Panagora Asset Management Inc., Jacobs Levy Equity Management Inc., TD Asset Management Inc. and Man Group plc. Company insiders that have sold Forward Air company stock in the last year include Bruce A Campbell, Chris C Ruble and George M Lynch. View Insider Buying and Selling for Forward Air.

FWRD stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Balyasny Asset Management LLC, Morgan Stanley, APG Asset Management N.V., Bank of America Corp DE, D. E. Shaw & Co. Inc., Bank of Montreal Can and Wells Fargo & Company MN. 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 $60.60.

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.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]