NASDAQ:FWRDForward Air Stock Price, Forecast & News

Forward Air's stock was trading at $50.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FWRD stock has decreased by 4.5% and is now trading at $48.13. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forward Air in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Forward Air.

Forward Air is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Forward Air.

Forward Air Co. (NASDAQ:FWRD) announced its earnings results on Thursday, April, 30th. The transportation company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by $0.11. The transportation company earned $342.50 million during the quarter, compared to analyst estimates of $341.30 million. Forward Air had a return on equity of 14.38% and a net margin of 5.38%. The business's revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.64 earnings per share. View Forward Air's earnings history.

Forward Air declared a quarterly dividend on Wednesday, April 29th. Shareholders of record on Monday, May 25th will be given a dividend of $0.18 per share on Wednesday, June 10th. This represents a $0.72 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date is Thursday, May 21st. View Forward Air's dividend history.

1 brokers have issued twelve-month target prices for Forward Air's stock. Their forecasts range from $54.00 to $76.00. On average, they anticipate Forward Air's stock price to reach $65.00 in the next year. This suggests a possible upside of 35.1% from the stock's current price. View analysts' price targets for Forward Air.

News articles about FWRD stock have trended very negative on Monday, according to InfoTrie. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Forward Air earned a daily sentiment score of -3.2 on InfoTrie's scale. They also gave press coverage about the transportation company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Forward Air.

Forward Air saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 577,700 shares, an increase of 16.1% from the June 15th total of 497,700 shares. Based on an average daily trading volume, of 175,800 shares, the days-to-cover ratio is currently 3.3 days. Currently, 2.1% of the company's shares 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). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Forward Air investors own include Verizon Communications (VZ), AT&T (T), CVS Health (CVS), Walt Disney (DIS), Pfizer (PFE), AbbVie (ABBV), Applied Materials (AMAT), Cisco Systems (CSCO), Ford Motor (F) and Exxon Mobil (XOM).

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

Forward Air's stock is owned by a variety of institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.72%), Confluence Investment Management LLC (0.30%), Envestnet Asset Management Inc. (0.12%), Private Trust Co. NA (0.04%) and Ellevest Inc. (0.00%). Company insiders that own Forward Air stock include Bruce A Campbell, Chris C Ruble, George M Lynch, Glenn A Adelaar and Matthew J Jewell. View institutional ownership trends for Forward Air.

FWRD stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Confluence Investment Management LLC. View insider buying and selling activity for Forward Air.

FWRD stock was acquired by a variety of institutional investors in the last quarter, including Private Trust Co. NA, Dalton Greiner Hartman Maher & Co., and Ellevest Inc.. View insider buying and selling activity 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 $48.13.

Forward Air has a market capitalization of $1.35 billion and generates $1.41 billion in revenue each year. The transportation company earns $87.10 million in net income (profit) each year or $3.04 on an earnings per share basis. Forward Air employs 5,480 workers across the globe.

The official website for Forward Air is 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]