Forward Air Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Forward Air in the last twelve months. There are currently 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Forward Air stock.
View analyst ratings for Forward Air or view top-rated stocks.

7 equities research analysts have issued 1 year price targets for Forward Air's stock. Their FWRD stock forecasts range from $125.00 to $165.00. On average, they anticipate Forward Air's share price to reach $139.50 in the next year. This suggests a possible upside of 52.7% from the stock's current price.
View analysts' price targets for Forward Air or view top-rated stocks among Wall Street analysts.

Forward Air's stock was trading at $121.09 on January 1st, 2022. Since then, FWRD shares have decreased by 24.6% and is now trading at $91.35.
View the best growth stocks for 2022 here.

Forward Air is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Forward Air.

Forward Air Co. (NASDAQ:FWRD) issued its quarterly earnings results on Wednesday, April, 27th. The transportation company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.05. The transportation company had revenue of $466.96 million for the quarter, compared to analysts' expectations of $453.60 million. Forward Air had a net margin of 7.77% and a trailing twelve-month return on equity of 24.69%. During the same quarter in the previous year, the firm earned $0.60 earnings per share.
View Forward Air's earnings history.

Forward Air announced a quarterly dividend on Wednesday, April 27th. Shareholders of record on Thursday, May 26th will be paid a dividend of $0.24 per share on Tuesday, June 14th. This represents a $0.96 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Wednesday, May 25th.
View Forward Air's dividend history.

Forward Air(NASDAQ:FWRD) pays an annual dividend of $0.96 per share and currently has a dividend yield of 1.05%. Forward Air does not yet have a strong track record of dividend growth. The dividend payout ratio of Forward Air is 19.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Forward Air will have a dividend payout ratio of 14.04% 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 2022 earnings guidance on Wednesday, June, 29th. The company provided earnings per share guidance of $1.63- for the period, compared to the consensus earnings per share estimate of $1.66. The company issued revenue guidance of -.

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), C.H. Robinson Worldwide (CHRW), XPO Logistics (XPO), Hub Group (HUBG), Air Transport Services Group (ATSG), Rocket Lab USA (RKLB), Atlas Air Worldwide (AAWW) 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."

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.
Compare Top Brokerages Here.

One share of FWRD stock can currently be purchased for approximately $91.35.

Forward Air (NASDAQ:FWRD) has a market capitalization of $2.45 billion and generates $1.66 billion in revenue each year. The transportation company earns $105.86 million in net income (profit) each year or $5.02 on an earnings per share basis.

Forward Air employs 4,327 workers across the globe.

Forward Air's mailing address is 1915 SNAPPS FERRY ROAD BUILDING N, GREENEVILLE TN, 37744. The official website for Forward Air is www.forwardair.com. The transportation company can be reached via phone at (423) 636-7000, via email at investorrelations@forwardair.com, or via fax at 423-783-9019.