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NASDAQ:FWRD

Forward Air Stock Forecast, Price & News

$75.44
-3.28 (-4.17 %)
(As of 01/27/2021 02:39 PM ET)
Add
Compare
Today's Range
$74.53
Now: $75.44
$78.40
50-Day Range
$73.25
MA: $77.51
$81.60
52-Week Range
$39.59
Now: $75.44
$82.32
Volume7,766 shs
Average Volume111,300 shs
Market Capitalization$2.08 billion
P/E Ratio40.56
Dividend Yield1.05%
Beta1.15
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 three segments: Expedited Freight, Intermodal, and Pool Distribution. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. It also 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 pool distribution services comprising managing high-frequency handling and distribution of time-sensitive products to various destinations through a network of terminals. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.
Forward Air logo

MarketRank

Overall MarketRank

1.68 out of 5 stars

Transportation Sector

56th out of 238 stocks

Freight Transportation Arrangement Industry

3rd out of 11 stocks

Analyst Opinion: 1.2Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Freight transportation arrangement
Sub-IndustryAir Freight & Logistics
Current SymbolNASDAQ:FWRD
CUSIP34985310
Phone423-636-7000
Employees5,480
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.41 billion
Cash Flow$4.38 per share
Book Value$20.49 per share

Profitability

Net Income$87.10 million

Miscellaneous

Market Cap$2.08 billion
Next Earnings Date2/11/2021 (Confirmed)
OptionableOptionable
$75.44
-3.28 (-4.17 %)
(As of 01/27/2021 02:39 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Forward Air (NASDAQ:FWRD) Frequently Asked Questions

How has Forward Air's stock price been impacted by COVID-19 (Coronavirus)?

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. Since then, FWRD stock has increased by 50.3% and is now trading at $75.74.
View which stocks have been most impacted by COVID-19
.

Is Forward Air a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Forward Air in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Forward Air stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FWRD, but not buy additional shares or sell existing shares.
View analyst ratings for Forward Air
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Forward Air?

Wall Street analysts have given Forward Air a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Forward Air wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Bruce A. Campbell's approval rating as Forward Air's CEO?

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.

When is Forward Air's next earnings date?

Forward Air is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for Forward Air
.

How were Forward Air's earnings last quarter?

Forward Air Co. (NASDAQ:FWRD) released its quarterly earnings data on Tuesday, November, 3rd. The transportation company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.17. The transportation company earned $331.99 million during the quarter, compared to analyst estimates of $327.50 million. Forward Air had a trailing twelve-month return on equity of 10.39% and a net margin of 3.91%. Forward Air's revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.78 EPS.
View Forward Air's earnings history
.

How often does Forward Air pay dividends? What is the dividend yield for Forward Air?

Forward Air declared a quarterly dividend on Tuesday, October 27th. Investors of record on Wednesday, November 25th will be paid a dividend of $0.21 per share on Thursday, December 10th. This represents a $0.84 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date is Tuesday, November 24th. This is a positive change from Forward Air's previous quarterly dividend of $0.18.
View Forward Air's dividend history
.

Is Forward Air a good dividend stock?

Forward Air pays an annual dividend of $0.84 per share and currently has a dividend yield of 1.05%. 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.

What guidance has Forward Air issued on next quarter's earnings?

Forward Air issued an update on its fourth quarter earnings guidance on Thursday, October, 29th. The company provided earnings per share (EPS) guidance of $0.71-0.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.57.

What price target have analysts set for FWRD?

3 brokers have issued 1 year target prices for Forward Air's stock. Their forecasts range from $54.00 to $80.00. On average, they expect Forward Air's share price to reach $67.75 in the next year. This suggests that the stock has a possible downside of 10.5%.
View analysts' price targets for Forward Air
or view Wall Street analyst' top-rated stocks.

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), 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).

Who are Forward Air's key executives?

Forward Air's management team includes the following people:
  • Mr. Thomas Schmitt, Exec. Chairman, Pres & CEO (Age 55, Pay $1.33M)
  • Mr. Michael Joseph Morris, CFO, Sr. VP, Treasurer & Interim Principal Accounting Officer (Age 51, Pay $679.65k)
  • Mr. Chris C. Ruble, Chief Operating Officer (Age 57, Pay $814.62k)
  • Mr. Michael L. Hance, Chief Legal Officer & Sec. (Age 48, Pay $595.33k)
  • Mr. Matthew J. Jewell, Consultant (Age 54, Pay $751.76k)
  • Mr. Joseph Michael Tomasello, Chief Information Officer
  • Mr. Kyle R. Mitchin, Chief People Officer
  • Matt Casey, Sr. VP of Safety
  • Mr. Scott E. Schara, Chief Commercial Officer (Age 53)
  • Ms. Rebecca Garbrick, Controller

What is Forward Air's stock symbol?

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

Who are Forward Air's major shareholders?

Forward Air's stock is owned by many different institutional and retail investors. Top institutional investors include Boston Trust Walden Corp (1.32%), Tributary Capital Management LLC (1.16%), Scout Investments Inc. (0.32%), Dalton Greiner Hartman Maher & Co. (0.30%), New York State Teachers Retirement System (0.28%) and Confluence Investment Management LLC (0.25%). Company insiders that own Forward Air stock include Bruce A Campbell, 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
.

Which institutional 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., Tributary Capital Management LLC, Confluence Investment Management LLC, State of Alaska Department of Revenue, New York State Teachers Retirement System, Avantax Advisory Services Inc., Boston Trust Walden Corp, 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.

Which institutional investors are buying Forward Air stock?

FWRD stock was purchased by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC, Scout Investments Inc., Nisa Investment Advisors LLC, Crossmark Global Holdings Inc., Northwest Investment Counselors LLC, and Private Capital Group LLC.
View insider buying and selling activity for Forward Air
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Forward Air's stock price today?

One share of FWRD stock can currently be purchased for approximately $75.74.

How big of a company is Forward Air?

Forward Air has a market capitalization of $2.08 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.

What is Forward Air's official website?

The official website for Forward Air is 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]

This page was last updated on 1/27/2021 by MarketBeat.com Staff

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