Sign in or create an account to add this stock to your watchlist.
About Forward Air (NASDAQ:FWRD)
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.
Industry, Sector and Symbol
Industry Freight transportation arrangement
Sub-IndustryAir Freight & Logistics
Trailing P/E Ratio25.52
Forward P/E Ratio20.01
Sales & Book Value
Annual Sales$1.10 billion
Price / Sales1.61
Cash Flow$3.8627 per share
Price / Cash15.59
Book Value$17.92 per share
Price / Book3.36
EPS (Most Recent Fiscal Year)$2.36
Net Income$87.32 million
Return on Equity14.41%
Return on Assets11.10%
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 declared a quarterly dividend on Thursday, April 26th. Stockholders of record on Friday, May 25th will be paid a dividend of $0.15 per share on Friday, June 8th. This represents a $0.60 annualized dividend and a dividend yield of 1.00%. 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) announced its quarterly earnings results on Wednesday, April, 25th. The transportation company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.03. The transportation company earned $302.60 million during the quarter, compared to analyst estimates of $291.73 million. Forward Air had a return on equity of 14.41% and a net margin of 7.85%. The firm's revenue was up 15.5% on a year-over-year basis. During the same quarter last year, the company posted $0.48 earnings per share. View Forward Air's Earnings History.
When is Forward Air's next earnings date?
What guidance has Forward Air issued on next quarter's earnings?
Forward Air updated its second quarter earnings guidance on Wednesday, April, 25th. The company provided earnings per share (EPS) guidance of $0.73-$0.77 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.76.
What price target have analysts set for FWRD?
6 Wall Street analysts have issued 12-month price objectives for Forward Air's shares. Their predictions range from $54.00 to $74.00. On average, they expect Forward Air's stock price to reach $63.00 in the next twelve months. View Analyst Ratings for Forward Air.
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. Chris C. Ruble, Pres of Expedited Services (Age 55)
- Mr. Matthew J. Jewell, Pres of Logistics Services (Age 52)
Has Forward Air been receiving favorable news coverage?
News coverage about FWRD stock has been trending somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Forward Air earned a daily sentiment score of 0.12 on Accern's scale. They also assigned news articles about the transportation company an impact score of 46.60 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Forward Air's major shareholders?
Forward Air's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.77%), Neuberger Berman Group LLC (5.18%), Dimensional Fund Advisors LP (4.31%), Victory Capital Management Inc. (3.40%), Atlanta Capital Management Co. L L C (2.21%) and Northern Trust Corp (1.49%). 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 institutional investors are selling Forward Air stock?
FWRD stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Hawk Ridge Capital Management LP, Neuberger Berman Group LLC, JPMorgan Chase & Co., Quantbot Technologies LP, Envestnet Asset Management Inc., FDx Advisors Inc. and Atlanta Capital Management Co. L L C. Company insiders that have sold Forward Air company stock in the last year include Bruce A Campbell, C Robert Campbell, Chris C Ruble, George M Lynch and Michael P Mclean. View Insider Buying and Selling for Forward Air.
Which institutional investors are buying Forward Air stock?
FWRD stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Hsbc Holdings PLC, Dean Investment Associates LLC, BlackRock Inc., BNP Paribas Arbitrage SA, CIBC World Markets Inc., American Century Companies Inc. and Wesbanco Bank Inc.. 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 $60.22.
How big of a company is Forward Air?
Forward Air has a market capitalization of $1.74 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, 37745. The transportation company can be reached via phone at 423-636-7000 or via email at [email protected]
MarketBeat Community Rating for Forward Air (FWRD)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.
Forward Air (NASDAQ:FWRD) Price Target and Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
6 Wall Street analysts have issued ratings and price targets for Forward Air in the last 12 months. Their average twelve-month price target is $63.00, suggesting that the stock has a possible upside of 4.62%. The high price target for FWRD is $74.00 and the low price target for FWRD is $54.00. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of "Buy."
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Hold||Hold||Hold|
|Consensus Rating Score: ||2.50||2.33||2.29||2.00|
|Ratings Breakdown: ||0 Sell Rating(s)|
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
5 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
6 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$63.00||$60.00||$60.00||$55.3333|
|Price Target Upside: ||4.62% upside||9.23% upside||9.23% upside||4.86% downside|
Forward Air (NASDAQ:FWRD) Consensus Price Target History
Forward Air (NASDAQ:FWRD) Analyst Ratings History
(Data available from 5/21/2016 forward)
Forward Air (NASDAQ:FWRD) Dividend Information
Forward Air pays an annual dividend of $0.60 per share, with a dividend yield of 1.00%. FWRD's next quarterly dividend payment will be made on Friday, June 8. Forward Air pays out 25.42% of its earnings out as a dividend.
|Payout Ratio(s):||25.42% (Trailing 12 Months of Earnings) |
19.93% (Based on This Year's Estimates)
17.75% (Based on Next Year's Estimates)
15.53% (Based on Cash Flow)
Forward Air (NASDAQ:FWRD) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Forward Air (NASDAQ FWRD) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.95%
Institutional Ownership Percentage: 95.76%
Forward Air (NASDAQ FWRD) Insider Trading History
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/26/2018||George M Lynch||Director||Sell||2,443||$55.47||$135,513.21||9,940|| |
|12/7/2017||Chris C Ruble||Insider||Sell||23,020||$57.75||$1,329,405.00||28,279|| |
|12/4/2017||Chris C Ruble||Insider||Sell||100||$57.95||$5,795.00||20,399|| |
|11/30/2017||Bruce A Campbell||Chairman||Sell||28,744||$56.25||$1,616,850.00|| |
|11/28/2017||Bruce A Campbell||Chairman||Sell||5,264||$55.43||$291,783.52||153,454|| |
|11/24/2017||Bruce A Campbell||CEO||Sell||500||$55.45||$27,725.00||153,454|| |
|11/22/2017||Bruce A Campbell||Chairman||Sell||34,281||$55.01||$1,885,797.81||155,831|| |
|11/2/2017||George M Lynch||Director||Sell||1,640||$57.00||$93,480.00||12,383|| |
|9/22/2017||Michael P Mclean||Insider||Sell||4,984||$54.82||$273,222.88||13,401|| |
|8/4/2017||Michael P Mclean||CAO||Sell||15,718||$51.05||$802,403.90||20,559|| |
|7/31/2017||Michael P Mclean||CAO||Sell||2,495||$52.00||$129,740.00||20,880|| |
|6/12/2017||C Robert Campbell||Director||Sell||3,000||$53.58||$160,740.00||16,652|| |
|6/8/2017||C Robert Campbell||Director||Sell||1,718||$52.99||$91,036.82||19,652|| |
|5/30/2017||Bruce A Campbell||Chairman||Sell||8,038||$52.20||$419,583.60||196,273|| |
|5/26/2017||Bruce A Campbell||Chairman||Sell||20,529||$51.64||$1,060,117.56||203,235|| |
|5/25/2017||Michael P Mclean||CAO||Sell||3,333||$52.00||$173,316.00||21,718|| |
|5/16/2017||Bruce A Campbell||Chairman||Sell||464||$52.00||$24,128.00||188,699|| |
|5/12/2017||Michael P Mclean||CAO||Sell||3,333||$50.33||$167,749.89||21,718|| |
|5/8/2017||Michael L Hance||VP||Sell||6,666||$51.30||$341,965.80||25,461|| |
|5/3/2017||Bruce A Campbell||Chairman||Sell||7,686||$52.46||$403,207.56||193,006|| |
|5/3/2017||Chris C Ruble||Insider||Sell||9,995||$52.50||$524,737.50||21,734|| |
|5/2/2017||Matthew J Jewell||Insider||Sell||12,222||$52.51||$641,777.22||44,044|| |
|3/7/2017||Craig A Drum||Insider||Sell||557||$47.79||$26,619.03||11,856|| |
|12/15/2016||Rodney L Bell||Insider||Sell||21,640||$48.31||$1,045,428.40||61,445|| |
|12/14/2016||C Robert Campbell||Director||Sell||4,000||$47.78||$191,120.00||19,684|| |
|8/31/2016||Michael P Mclean||CAO||Sell||14,779||$46.01||$679,981.79||32,228|| |
|8/24/2016||Bruce A Campbell||Chairman||Sell||80,000||$46.50||$3,720,000.00||260,137|| |
|8/24/2016||Michael P Mclean||CAO||Sell||221||$47.01||$10,389.21||17,670|| |
|8/23/2016||Michael P Mclean||CAO||Sell||10,300||$46.00||$473,800.00||27,749|| |
|8/23/2016||Rodney L Bell||Insider||Sell||18,576||$46.01||$854,681.76||72,885|| |
|8/19/2016||Michael P Mclean||CAO||Sell||4,700||$46.00||$216,200.00||22,149|| |
|8/18/2016||Michael P Mclean||CAO||Sell||5,493||$45.75||$251,304.75||22,942|| |
|8/8/2016||Bruce A Campbell||Chairman||Sell||10,000||$47.00||$470,000.00||190,137|| |
|8/8/2016||Michael P Mclean||CAO||Sell||507||$47.02||$23,839.14||17,956|| |
|8/8/2016||Rodney L Bell||Insider||Sell||1,200||$47.01||$56,412.00||91,461|| |
|8/5/2016||Bruce A Campbell||Chairman||Sell||10,000||$47.00||$470,000.00||190,137|| |
|8/5/2016||Rodney L Bell||Insider||Sell||20,685||$47.00||$972,195.00||92,661|| |
|8/3/2016||Matthew J Jewell||Insider||Sell||9,300||$46.02||$427,986.00||35,369|| |
|8/2/2016||Rodney L Bell||Insider||Sell||4,967||$46.05||$228,730.35||118,313|| |
|8/1/2016||Matthew J Jewell||Insider||Sell||600||$46.44||$27,864.00||34,910|| |
|7/28/2016||Michael L Hance||VP||Sell||18,000||$46.05||$828,900.00||18,646|| |
|7/28/2016||Rodney L Bell||Insider||Sell||1,050||$46.50||$48,825.00||109,946|| |
|7/27/2016||Rodney L Bell||Insider||Sell||10,509||$46.74||$491,190.66||118,627|| |
|6/3/2016||George M Lynch||Director||Sell||2,739||$45.00||$123,255.00||14,426|| |
|11/20/2015||Michael P. Mclean||CAO||Sell||9,000||$48.00||$432,000.00||14,866|| |
|11/6/2015||Bruce A. Campbell||CEO||Sell||91,256||$46.01||$4,198,688.56||154,974|| |
|6/12/2015||Michael L Hance||VP||Sell||9,000||$54.25||$488,250.00|| |
|6/3/2015||Michael P Mclean||CAO||Sell||8,800||$54.00||$475,200.00|| |
|6/3/2015||Rodney L Bell||CFO||Sell||20,000||$54.00||$1,080,000.00|| |
|2/25/2015||Rodney L Bell||CFO||Sell||20,600||$54.00||$1,112,400.00|| |
|2/24/2015||Michael P Mclean||CAO||Sell||16,900||$54.01||$912,769.00|| |
|2/20/2015||Chris C Ruble||VP||Sell||32,900||$53.75||$1,768,375.00|| |
|2/20/2015||Rodney L Bell||CFO||Sell||2,523||$54.00||$136,242.00|| |
|2/18/2015||Craig A Drum||SVP||Sell||5,534||$53.28||$294,851.52|| |
|2/18/2015||Matthew J Jewell||EVP||Sell||9,293||$53.59||$498,011.87|| |
|2/17/2015||Chris C Ruble||VP||Sell||4,700||$53.78||$252,766.00|| |
|2/13/2015||Chris C Ruble||VP||Sell||28,924||$53.50||$1,547,434.00|| |
|2/13/2015||Matthew J Jewell||EVP||Sell||29,500||$53.71||$1,584,445.00|| |
|2/12/2015||Bruce A Campbell||CEO||Sell||30,000||$53.84||$1,615,200.00|| |
|2/12/2015||Michael L Hance||VP||Sell||9,000||$53.95||$485,550.00|| |
|2/10/2015||Chris C Ruble||VP||Sell||39,105||$50.62||$1,979,495.10|| |
|2/9/2015||Bruce A Campbell||CEO||Sell||120,000||$50.06||$6,007,200.00|| |
|2/9/2015||Matthew J Jewell||EVP||Sell||4,600||$50.23||$231,058.00|| |
|8/15/2014||Matthew J Jewell||EVP||Sell||8,300||$46.60||$386,780.00|| |
|8/13/2014||Matthew J Jewell||EVP||Sell||7,100||$46.54||$330,434.00|| |
|8/13/2014||Michael P Mclean||CAO||Sell||13,125||$46.50||$610,312.50|| |
|8/11/2014||Matthew J Jewell||EVP||Sell||10,000||$45.91||$459,100.00|| |
|6/11/2014||C John Langley Jr||Director||Sell||7,500||$45.03||$337,725.00|| |
|6/6/2014||Matthew J Jewell||EVP||Sell||15,000||$45.02||$675,300.00|| |
|6/4/2014||Rodney L Bell||CFO||Sell||22,671||$44.50||$1,008,859.50|| |
|5/28/2014||Bruce A Campbell||CEO||Sell||10,000||$44.50||$445,000.00|| |
|5/14/2014||George Lynch||Director||Sell||2,481||$43.52||$107,973.12||13,560|| |
|3/13/2014||Chris Ruble||VP||Sell||4,255||$45.03||$191,602.65||16,402|| |
|3/11/2014||Matthew Jewell||VP||Sell||14,136||$45.00||$636,120.00||26,841|| |
|3/10/2014||Rodney Bell||CFO||Sell||38,594||$44.83||$1,730,169.02||72,179|| |
|3/7/2014||Chris Ruble||VP||Sell||1,165||$45.01||$52,436.65||16,431|| |
|3/7/2014||Michael Mclean||CAO||Sell||4,375||$45.00||$196,875.00||12,945|| |
|3/6/2014||Bruce Campbell||CEO||Sell||24,219||$44.51||$1,077,987.69||139,165|| |
|3/5/2014||Ray Mundy||Director||Sell||5,166||$44.05||$227,562.30||42,455|| |
|3/4/2014||Bruce Campbell||CEO||Sell||16,352||$44.50||$727,664.00||163,384|| |
|2/26/2014||Gary Paxton||Director||Sell||14,445||$43.55||$629,079.75||14,395|| |
|2/21/2014||Bruce Campbell||CEO||Sell||5,000||$44.50||$222,500.00||179,736|| |
|2/20/2014||Bruce Campbell||CEO||Sell||34,429||$44.65||$1,537,254.85||184,736|| |
|2/14/2014||Matthew Jewell||VP||Sell||10,400||$45.00||$468,000.00||21,851|| |
|2/13/2014||Chris Ruble||VP||Sell||2,254||$45.25||$101,993.50||11,441|| |
|2/13/2014||Craig Drum||SVP||Sell||7,557||$45.12||$340,971.84||5,764|| |
|10/24/2013||Chris C Ruble||VP||Sell||35,000||$41.52||$1,453,200.00|| |
|6/14/2013||Matthew J Jewell||VP||Sell||1,900||$39.02||$74,138.00|| |
|5/23/2013||Michael P Mclean||CAO||Sell||5,000||$39.00||$195,000.00|| |
|5/22/2013||George M Lynch||Director||Sell||3,128||$39.08||$122,242.24|| |
|5/21/2013||Matthew J Jewell||VP||Sell||40,000||$38.93||$1,557,200.00|| |
|5/20/2013||Chris C Ruble||VP||Sell||10,000||$39.00||$390,000.00|| |
|5/20/2013||Rodney L Bell||CFO||Sell||20,000||$38.91||$778,200.00|| |
|5/17/2013||Matthew J Jewell||VP||Sell||30,000||$38.60||$1,158,000.00|| |
|5/17/2013||Rodney L Bell||CFO||Sell||19,700||$38.56||$759,632.00|| |
|5/16/2013||Bruce A Campbell||CEO||Sell||50,000||$38.26||$1,913,000.00|| |
|5/15/2013||Matthew J Jewell||VP||Sell||3,660||$38.25||$139,995.00|| |
|5/14/2013||Bruce A Campbell||CEO||Sell||55,164||$37.65||$2,076,924.60|| |
|5/10/2013||Matthew J Jewell||VP||Sell||6,340||$38.27||$242,631.80|| |
|5/8/2013||Craig A Drum||SVP||Sell||9,800||$38.12||$373,576.00|| |
|3/12/2013||Bruce A Campbell||CEO||Sell||45,000||$37.57||$1,690,650.00|| |
Forward Air (NASDAQ FWRD) News Headlines
Forward Air (NASDAQ:FWRD) SEC Filings
This page is loading this company's SEC Filings. Please wait...
Forward Air (NASDAQ:FWRD) Income Statement, Balance Sheet and Cash Flow Statement
Forward Air (NASDAQ FWRD) Stock Chart for Monday, May, 21, 2018