Forward Air Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forward Air in the last twelve months. There are currently 1 hold rating, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Forward Air stock.
View analyst ratings for Forward Air or view top-rated stocks.

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Forward Air saw a drop in short interest during the month of May. As of May 28th, there was short interest totaling 361,900 shares, a drop of 22.6% from the May 13th total of 467,700 shares. Based on an average trading volume of 123,000 shares, the days-to-cover ratio is presently 2.9 days. Approximately 1.3% of the shares of the stock are sold short.
View Forward Air's Short Interest.

Forward Air is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Forward Air.

Forward Air Co. (NASDAQ:FWRD) issued its quarterly earnings data on Wednesday, April, 28th. The transportation company reported $0.40 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.56 by $0.16. The transportation company had revenue of $362.20 million for the quarter, compared to analysts' expectations of $341.37 million. Forward Air had a trailing twelve-month return on equity of 10.51% and a net margin of 2.00%.
View Forward Air's earnings history.

Forward Air's stock was trading at $50.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FWRD stock has increased by 73.9% and is now trading at $87.67.
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Forward Air announced a quarterly dividend on Monday, April 26th. Stockholders of record on Thursday, May 27th will be paid a dividend of $0.21 per share on Monday, June 14th. This represents a $0.84 annualized dividend and a yield of 0.96%. The ex-dividend date is Wednesday, May 26th.
View Forward Air's dividend history.

Forward Air pays an annual dividend of $0.84 per share and currently has a dividend yield of 0.92%. Forward Air does not yet have a strong track record of dividend growth. The dividend payout ratio of Forward Air is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Forward Air will have a dividend payout ratio of 19.72% next year. This indicates that Forward Air will be able to sustain or increase its dividend.
View Forward Air's dividend history.

Forward Air updated its second quarter 2021 earnings guidance on Thursday, May, 6th. The company provided earnings per share (EPS) guidance of 0.960-1.000 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.790. The company issued revenue guidance of $380.27 million-$394.35 million, compared to the consensus revenue estimate of $348.72 million.

3 brokers have issued 12 month price objectives for Forward Air's shares. Their forecasts range from $61.00 to $120.00. On average, they expect Forward Air's share price to reach $94.00 in the next year. This suggests a possible upside of 7.2% from the stock's current price.
View analysts' price targets for Forward Air or view top-rated stocks among Wall Street analysts.

63 employees have rated Forward Air CEO Bruce A. Campbell on Glassdoor.com. Bruce A. Campbell has an approval rating of 54% among Forward Air's employees. This puts Bruce A. Campbell in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Forward Air include United Parcel Service (UPS), FedEx (FDX), Expeditors International of Washington (EXPD), XPO Logistics (XPO), C.H. Robinson Worldwide (CHRW), Hub Group (HUBG), Atlas Air Worldwide (AAWW), Air Transport Services Group (ATSG), Echo Global Logistics (ECHO) and Park-Ohio (PKOH).
View all of FWRD's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Forward Air investors own include Pfizer (PFE), Verizon Communications (VZ), AbbVie (ABBV), Albemarle (ALB), Carnival Co. & (CCL), Dominion Energy (D), Eastman Chemical (EMN), International Paper (IP), Phillips 66 (PSX) and Skyworks Solutions (SWKS).

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

Forward Air's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.21%), Neuberger Berman Group LLC (4.59%), Clearbridge Investments LLC (4.06%), Dimensional Fund Advisors LP (3.82%), Victory Capital Management Inc. (3.47%) and Thrivent Financial for Lutherans (2.39%). Company insiders that own Forward Air stock include C Robert Campbell, Chris C Ruble, George M Lynch, George S Mayes Jr, Glenn A Adelaar, Kyle R Mitchin, Matthew J Jewell, Michael Joseph Morris 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 Boston Trust Walden Corp, Victory Capital Management Inc., Dalton Greiner Hartman Maher & Co., Dimensional Fund Advisors LP, Tributary Capital Management LLC, Man Group plc, Thrivent Financial for Lutherans, and Arrowstreet Capital Limited Partnership. Company insiders that have sold Forward Air company stock in the last year include C Robert Campbell, Chris C Ruble, George M Lynch, Kyle R Mitchin, Matthew J Jewell, Michael Joseph Morris, and Michael L Hance.
View insider buying and selling activity for Forward Air or view top insider-selling stocks.

FWRD stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Neuberger Berman Group LLC, Citadel Advisors LLC, Scopus Asset Management L.P., Weiss Multi Strategy Advisers LLC, Geode Capital Management LLC, Renaissance Technologies LLC, and Clearbridge Investments LLC.
View insider buying and selling activity for Forward Air or or view top insider-buying stocks.

Shares of FWRD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FWRD stock can currently be purchased for approximately $87.67.

Forward Air has a market capitalization of $2.39 billion and generates $1.27 billion in revenue each year. The transportation company earns $23.73 million in net income (profit) each year or $1.89 on an earnings per share basis.

Forward Air employs 3,774 workers across the globe.

The official website for Forward Air is www.forwardair.com.

Forward Air is headquartered at 1915 SNAPPS FERRY ROAD BUILDING N, GREENEVILLE TN, 37744.

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]