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

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$58.27 -0.82 (-1.39 %)
(As of 01/22/2019 04:00 PM ET)
Previous Close$59.09
Today's Range$57.14 - $59.13
52-Week Range$51.00 - $72.81
Volume131,200 shs
Average Volume110,100 shs
Market Capitalization$1.70 billion
P/E Ratio24.69
Dividend Yield1.25%
Beta1.56
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United State and Canada. The company operates through four segments: Expedited Less-than-truckload (LTL), Truckload Premium Services (TLS), Intermodal, and Pool Distribution (Pool). The Expedited LTL segment provides expedited regional, inter-regional, and national LTL services, as well as local pick-up and delivery services. It also offers shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling services. This segment provides its transportation services through a network of terminals located at or near airports. The TLS segment offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract, and container freight station warehouse and handling services. The Pool segment offers high-frequency handling and distribution of time-sensitive products to various destinations. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.

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Industry, Sector and Symbol

Industry Freight transportation arrangement
Sub-IndustryAir Freight & Logistics
SectorTransportation
Current SymbolNASDAQ:FWRD
CUSIP34985310
Phone423-636-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.10 billion
Cash Flow$3.7329 per share
Book Value$17.92 per share

Profitability

Net Income$87.32 million

Miscellaneous

Employees4,898
Market Cap$1.70 billion
OptionableOptionable

Forward Air (NASDAQ:FWRD) Frequently Asked Questions

What is Forward Air's stock symbol?

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

How often does Forward Air pay dividends? What is the dividend yield for Forward Air?

Forward Air announced a quarterly dividend on Thursday, October 25th. Stockholders of record on Friday, November 23rd will be paid a dividend of $0.18 per share on Friday, December 7th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date is Wednesday, November 21st. This is a positive change from Forward Air's previous quarterly dividend of $0.15. View Forward Air's Dividend History.

How were Forward Air's earnings last quarter?

Forward Air Co. (NASDAQ:FWRD) issued its quarterly earnings data on Wednesday, October, 24th. The transportation company reported $0.80 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.80. The transportation company had revenue of $331.38 million for the quarter, compared to analysts' expectations of $327.81 million. Forward Air had a return on equity of 15.63% and a net margin of 7.85%. View Forward Air's Earnings History.

When is Forward Air's next earnings date?

Forward Air is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for Forward Air.

How can I listen to Forward Air's earnings call?

Forward Air will be holding an earnings conference call on Friday, February 8th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8002301059.

What guidance has Forward Air issued on next quarter's earnings?

Forward Air updated its fourth quarter earnings guidance on Wednesday, October, 24th. The company provided EPS guidance of $0.81-0.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.90. The company issued revenue guidance of $340-352 million (+11-15% y/y), compared to the consensus revenue estimate of $354.20 million.Forward Air also updated its guidance to EPS.

What price target have analysts set for FWRD?

2 Wall Street analysts have issued twelve-month target prices for Forward Air's stock. Their predictions range from $67.00 to $73.00. On average, they expect Forward Air's stock price to reach $69.3333 in the next twelve months. This suggests a possible upside of 19.0% from the stock's current price. View Analyst Price Targets for Forward Air.

What is the consensus analysts' recommendation 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.

Has Forward Air been receiving favorable news coverage?

News headlines about FWRD stock have been trending very positive on Tuesday, InfoTrie reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, 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 assigned press coverage about the transportation company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are some of Forward Air's key competitors?

Who are Forward Air's key executives?

Forward Air's management team includes the folowing people:
  • Mr. Bruce A. Campbell, Exec. Chairman (Age 66)
  • Mr. Michael Joseph Morris, CFO, Principal Accounting Officer, Sr. VP & Treasurer (Age 49)
  • Mr. Chris C. Ruble, Chief Operating Officer (Age 55)
  • Mr. Michael L. Hance, Sr. VP, Chief Legal Officer & Sec. (Age 46)
  • Mr. Matthew J. Jewell, Pres of Intermodal Services (Age 52)

Who are Forward Air's major shareholders?

Forward Air's stock is owned by a number of of retail and institutional investors. Top institutional investors include Fenimore Asset Management Inc. (1.97%), Dalton Greiner Hartman Maher & Co. (1.45%), BTIM Corp. (0.80%), Profit Investment Management LLC (0.17%), Cardinal Capital Management (0.09%) and TrimTabs Asset Management LLC (0.07%). Company insiders that own Forward Air stock include Bruce A Campbell, C Robert Campbell, Chris C Ruble, Craig A Drum, George M Lynch, Glenn A Adelaar, Matthew J Jewell, Michael L Hance and Michael P Mclean. View Institutional Ownership Trends for Forward Air.

Which institutional investors are selling Forward Air stock?

FWRD stock was sold by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., BTIM Corp., Dalton Greiner Hartman Maher & Co., Profit Investment Management LLC, Louisiana State Employees Retirement System and Meeder Asset Management Inc.. Company insiders that have sold Forward Air company stock in the last year include Bruce A Campbell, Chris C Ruble, George M Lynch, Glenn A Adelaar, Matthew J Jewell and Michael L Hance. View Insider Buying and Selling for Forward Air.

Which institutional investors are buying Forward Air stock?

FWRD stock was bought by a variety of institutional investors in the last quarter, including TrimTabs Asset Management LLC, Cardinal Capital Management and Bank of Montreal Can. View Insider Buying and Selling for Forward Air.

How do I buy shares of 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.

What is Forward Air's stock price today?

One share of FWRD stock can currently be purchased for approximately $58.27.

How big of a company is Forward Air?

Forward Air has a market capitalization of $1.70 billion and generates $1.10 billion in revenue each year. The transportation company earns $87.32 million in net income (profit) each year or $2.36 on an earnings per share basis. Forward Air employs 4,898 workers across the globe.

What is Forward Air's official website?

The official website for Forward Air is http://www.forwardair.com.

How can I contact Forward Air?

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]


MarketBeat Community Rating for Forward Air (NASDAQ FWRD)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  213 (Vote Outperform)
Underperform Votes:  351 (Vote Underperform)
Total Votes:  564
MarketBeat's community ratings are surveys of what our community members think about Forward Air and other stocks. Vote "Outperform" if you believe FWRD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FWRD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/22/2019 by MarketBeat.com Staff

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