NASDAQ:FWRD - Forward Air Stock Price, Price Target & More

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$58.65 -1.52 (-2.53 %)
(As of 07/17/2018 08:00 AM ET)
Previous Close$60.17
Today's Range$58.21 - $60.65
52-Week Range$49.88 - $64.80
Volume216,400 shs
Average Volume183,258 shs
Market Capitalization$1.77 billion
P/E Ratio24.85
Dividend Yield1.00%
Beta1.27
Forward Air logoForward 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

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

Debt

Debt-to-Equity Ratio0.08
Current Ratio2.56
Quick Ratio2.56

Price-To-Earnings

Trailing P/E Ratio24.85
Forward P/E Ratio19.42
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.10 billion
Price / Sales1.57
Cash Flow$3.6887 per share
Price / Cash15.90
Book Value$17.92 per share
Price / Book3.27

Profitability

EPS (Most Recent Fiscal Year)$2.36
Net Income$87.32 million
Net Margins7.85%
Return on Equity14.41%
Return on Assets11.10%

Miscellaneous

Employees4,898
Outstanding Shares29,420,000
Market Cap$1,769.90

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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, April 26th. Shareholders of record on Friday, May 25th will be given a dividend of $0.15 per share on Friday, June 8th. This represents a $0.60 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date is Thursday, May 24th. View Forward Air's Dividend History.

How were Forward Air's earnings last quarter?

Forward Air Co. (NASDAQ:FWRD) released its earnings results on Wednesday, April, 25th. The transportation company reported $0.60 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.57 by $0.03. The transportation company earned $302.60 million during the quarter, compared to analysts' expectations of $291.73 million. Forward Air had a net margin of 7.85% and a return on equity of 14.41%. The business's revenue for the quarter was up 15.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.48 EPS. 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 Wednesday, July, 25th 2018. View Earnings Estimates for Forward Air.

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

Forward Air issued an update on its second quarter earnings guidance on Wednesday, April, 25th. The company provided EPS guidance of $0.73-$0.77 for the period, compared to the Thomson Reuters consensus estimate of $0.76.

What price target have analysts set for FWRD?

6 equities research analysts have issued 12 month target prices for Forward Air's shares. Their predictions range from $54.00 to $74.00. On average, they expect Forward Air's share price to reach $63.00 in the next year. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Ratings for Forward Air.

What is the consensus analysts' recommendation for Forward Air?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forward Air in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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, Chairman, Pres & CEO (Age 66)
  • Mr. Michael Joseph Morris, CFO, Principal Accounting Officer, Sr. VP & Treasurer (Age 49)
  • Mr. Michael L. Hance, Sr. VP, Chief Legal Officer & Sec. (Age 46)
  • Mr. Matthew J. Jewell, Pres of Intermodal Bus. (Age 52)
  • Mr. Chris C. Ruble, Chief Operating Officer of Expedited Bus. (Age 55)

Has Forward Air been receiving favorable news coverage?

News articles about FWRD stock have been trending positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Forward Air earned a media sentiment score of 0.49 on Accern's scale. They also assigned headlines about the transportation company an impact score of 46.80 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

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. (2.01%), Dalton Greiner Hartman Maher & Co. (1.23%), Confluence Investment Management LLC (0.29%) and Radnor Capital Management LLC (0.02%). Company insiders that own Forward Air stock include Bruce A Campbell, C Robert Campbell, Chris C Ruble, Craig A Drum, George M Lynch, Matthew J Jewell, Michael L Hance, Michael P Mclean and Rodney L Bell. View Institutional Ownership Trends for Forward Air.

Which major 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. and Radnor Capital Management LLC. Company insiders that have sold Forward Air company stock in the last year include Bruce A Campbell, Chris C Ruble, George M Lynch, Matthew J Jewell, Michael L Hance and Michael P Mclean. View Insider Buying and Selling for Forward Air.

Which major investors are buying Forward Air stock?

FWRD stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co. and Confluence Investment Management LLC. 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 $58.65.

How big of a company is Forward Air?

Forward Air has a market capitalization of $1.77 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.

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:  181 (Vote Outperform)
Underperform Votes:  302 (Vote Underperform)
Total Votes:  483
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 7/17/2018 by MarketBeat.com Staff

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