NASDAQ:FWRD - Forward Air Stock Price, News, & Analysis

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$66.33 -1.67 (-2.46 %)
(As of 04/26/2019 06:19 AM ET)
Previous Close$68.00
Today's Range$63.65 - $67.27
52-Week Range$51.54 - $72.81
Volume226,534 shs
Average Volume148,160 shs
Market Capitalization$1.91 billion
P/E Ratio21.26
Dividend Yield1.06%
Beta1.63
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, final mile, 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.32 billion
Cash Flow$4.5276 per share
Book Value$18.94 per share

Profitability

Net Income$92.05 million

Miscellaneous

Employees5,369
Market Cap$1.91 billion
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable

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 25th. Shareholders of record on Friday, May 24th will be paid a dividend of $0.18 per share on Friday, June 7th. This represents a $0.72 annualized dividend and a yield of 1.09%. The ex-dividend date is Thursday, May 23rd. View Forward Air's Dividend History.

How were Forward Air's earnings last quarter?

Forward Air Co. (NASDAQ:FWRD) released its quarterly earnings data on Wednesday, April, 24th. The transportation company reported $0.64 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.62 by $0.02. The transportation company had revenue of $321.47 million for the quarter, compared to the consensus estimate of $324.22 million. Forward Air had a return on equity of 16.97% and a net margin of 6.97%. The firm's quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.60 earnings per share. 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 24th 2019. 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, 24th. The company provided EPS guidance of $0.81-0.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.89. The company issued revenue guidance of $343.6-356.8 million (+4-8% y/y), compared to the consensus revenue estimate of $358.16 million.

What price target have analysts set for FWRD?

2 Wall Street analysts have issued twelve-month price targets for Forward Air's stock. Their predictions range from $67.00 to $73.00. On average, they anticipate Forward Air's share price to reach $69.3333 in the next year. This suggests a possible upside of 4.5% from the stock's current price. View Analyst Price Targets for Forward Air.

What is the consensus analysts' recommendation for Forward Air?

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

Has Forward Air been receiving favorable news coverage?

Press coverage about FWRD stock has been trending neutral recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog 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 coverage optimism score of 0.5 on InfoTrie's scale. They also gave headlines about the transportation company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future.

Who are some of Forward Air's key competitors?

What other stocks do shareholders of Forward Air own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Forward Air investors own include Pfizer (PFE), Micron Technology (MU), General Electric (GE), Align Technology (ALGN), Bed Bath & Beyond (BBBY), NXP Semiconductors (NXPI), AbbVie (ABBV), Boeing (BA), BP (BP) and salesforce.com (CRM).

Who are Forward Air's key executives?

Forward Air's management team includes the folowing people:
  • Mr. Bruce A. Campbell, Exec. Chairman (Age 67)
  • Mr. Michael Joseph Morris, CFO, Principal Accounting Officer, Sr. VP & Treasurer (Age 50)
  • Mr. Chris C. Ruble, Chief Operating Officer (Age 56)
  • Mr. Michael L. Hance, Sr. VP, Chief Legal Officer & Sec. (Age 47)
  • Mr. Matthew J. Jewell, Pres of Intermodal Services (Age 53)

Who are Forward Air's major shareholders?

Forward Air's stock is owned by many different of institutional and retail investors. Top institutional investors include Fenimore Asset Management Inc. (1.69%), Tributary Capital Management LLC (1.51%), Dalton Greiner Hartman Maher & Co. (1.10%), BTIM Corp. (0.82%), Confluence Investment Management LLC (0.31%) and Cardinal Capital Management (0.09%). Company insiders that own Forward Air stock include Bruce A Campbell, C Robert Campbell, Chris C Ruble, George M Lynch, Glenn A Adelaar, Matthew J Jewell, Michael L Hance and Michael P Mclean. 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 Dalton Greiner Hartman Maher & Co., Fenimore Asset Management Inc., Northwest Investment Counselors LLC, Radnor Capital Management LLC and Louisiana State Employees Retirement System. Company insiders that have sold Forward Air company stock in the last year include Bruce A Campbell, Chris C Ruble, George M Lynch, Glenn A Adelaar, Matthew J Jewell and Michael L Hance. View Insider Buying and Selling for Forward Air.

Which major investors are buying Forward Air stock?

FWRD stock was purchased by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, BNP Paribas Arbitrage SA, BTIM Corp., Brinker Capital Inc., Confluence Investment Management LLC, TrimTabs Asset Management LLC and Cardinal Capital Management. 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 $66.33.

How big of a company is Forward Air?

Forward Air has a market capitalization of $1.91 billion and generates $1.32 billion in revenue each year. The transportation company earns $92.05 million in net income (profit) each year or $3.12 on an earnings per share basis. Forward Air employs 5,369 workers across the globe.

What is Forward Air's official website?

The official website for Forward Air is http://www.forwardair.com.

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:  231 (Vote Outperform)
Underperform Votes:  367 (Vote Underperform)
Total Votes:  598
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 4/26/2019 by MarketBeat.com Staff

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