NASDAQ:FWRDForward Air Stock Price, Forecast & News

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 stock has decreased by 7.6% and is now trading at $46.57. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forward Air in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Forward Air.

Forward Air is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Forward Air.

Forward Air Co. (NASDAQ:FWRD) posted its earnings results on Thursday, April, 30th. The transportation company reported $0.30 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.41 by $0.11. The transportation company had revenue of $342.50 million for the quarter, compared to analyst estimates of $341.30 million. Forward Air had a return on equity of 14.38% and a net margin of 5.38%. The business's revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.64 EPS. View Forward Air's earnings history.

Forward Air declared a quarterly dividend on Wednesday, April 29th. Investors of record on Monday, May 25th will be paid a dividend of $0.18 per share on Wednesday, June 10th. This represents a $0.72 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend is Thursday, May 21st. View Forward Air's dividend history.

1 brokerages have issued 12 month target prices for Forward Air's shares. Their forecasts range from $54.00 to $76.00. On average, they anticipate Forward Air's share price to reach $65.00 in the next twelve months. This suggests a possible upside of 39.6% from the stock's current price. View analysts' price targets for Forward Air.

Media coverage about FWRD stock has trended neutral recently, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Forward Air earned a media sentiment score of 0.5 on InfoTrie's scale. They also assigned news headlines about the transportation company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Forward Air.

Forward Air saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 577,700 shares, an increase of 16.1% from the June 15th total of 497,700 shares. Based on an average daily trading volume, of 175,800 shares, the days-to-cover ratio is presently 3.3 days. Approximately 2.1% of the company's stock are sold short. View Forward Air's Current Options Chain.

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), Atlas Air Worldwide (AAWW), Echo Global Logistics (ECHO) and Park-Ohio (PKOH). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Forward Air investors own include Verizon Communications (VZ), AT&T (T), CVS Health (CVS), Walt Disney (DIS), Pfizer (PFE), AbbVie (ABBV), Applied Materials (AMAT), Cisco Systems (CSCO), Ford Motor (F) and Exxon Mobil (XOM).

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

Forward Air's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.72%), Confluence Investment Management LLC (0.30%), Envestnet Asset Management Inc. (0.12%), Private Trust Co. NA (0.04%) and Ellevest Inc. (0.00%). Company insiders that own Forward Air stock include Bruce A Campbell, Chris C Ruble, George M Lynch, Glenn A Adelaar and Matthew J Jewell. View institutional ownership trends for Forward Air.

FWRD stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Confluence Investment Management LLC. View insider buying and selling activity for Forward Air.

FWRD stock was purchased by a variety of institutional investors in the last quarter, including Private Trust Co. NA, Dalton Greiner Hartman Maher & Co., and Ellevest Inc.. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of FWRD stock can currently be purchased for approximately $46.57.

Forward Air has a market capitalization of $1.30 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 5,480 workers across the globe.

The official website for Forward Air is www.forwardair.com.

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]