Forward Air Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forward Air in the last year. There are currently 1 hold rating and 2 buy ratings 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 is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Forward Air.

Forward Air will be holding an earnings conference call on Thursday, April 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Forward Air Co. (NASDAQ:FWRD) issued its quarterly earnings results on Wednesday, February, 10th. The transportation company reported ($0.17) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.73 by $0.90. The transportation company earned $350.34 million during the quarter, compared to analysts' expectations of $417.75 million. Forward Air had a net margin of 3.91% and a trailing twelve-month return on equity of 10.39%.
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 (WHO). Since then, FWRD shares have increased by 72.8% and is now trading at $87.10.
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Forward Air announced a quarterly dividend on Tuesday, February 16th. Investors of record on Thursday, March 4th will be given a dividend of $0.21 per share on Friday, March 19th. This represents a $0.84 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend is Wednesday, March 3rd.
View Forward Air's dividend history.

Forward Air pays an annual dividend of $0.84 per share and currently has a dividend yield of 0.97%. Forward Air does not yet have a strock track record of dividend growth. The dividend payout ratio of Forward Air is 27.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Forward Air will have a dividend payout ratio of 28.87% next year. This indicates that Forward Air will be able to sustain or increase its dividend.
View Forward Air's dividend history.

Forward Air issued an update on its first quarter 2021 After-Hours earnings guidance on Thursday, February, 11th. The company provided earnings per share (EPS) guidance of 0.55-0.59 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.60. The company issued revenue guidance of $380.185-393.885 million, compared to the consensus revenue estimate of $327.8 million.

3 equities research analysts have issued twelve-month price targets for Forward Air's stock. Their forecasts range from $54.00 to $101.00. On average, they expect Forward Air's share price to reach $79.00 in the next year. This suggests that the stock has a possible downside of 9.3%.
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 many different institutional and retail investors. Top institutional shareholders include Boston Trust Walden Corp (0.94%), Tributary Capital Management LLC (0.92%), Scout Investments Inc. (0.36%), Confluence Investment Management LLC (0.26%), New York State Teachers Retirement System (0.26%) and Profit Investment Management LLC (0.21%). Company insiders that own Forward Air stock include C Robert Campbell, Chris C Ruble, 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, Dalton Greiner Hartman Maher & Co., Tributary Capital Management LLC, New York State Teachers Retirement System, State of Alaska Department of Revenue, Private Trust Co. NA, and Louisiana State Employees Retirement System. Company insiders that have sold Forward Air company stock in the last year include C Robert Campbell, Chris C Ruble, 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 purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Everence Capital Management Inc., Profit Investment Management LLC, Confluence Investment Management LLC, RBA Wealth Management LLC, Crossmark Global Holdings Inc., and Cardinal Capital Management.
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 $87.10.

Forward Air has a market capitalization of $2.38 billion and generates $1.41 billion in revenue each year. The transportation company earns $87.10 million in net income (profit) each year or $3.04 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]