Forward Air Stock Price, News & Analysis (NASDAQ:FWRD)

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

Forward Air declared a quarterly dividend on Tuesday, July 23rd. Shareholders of record on Thursday, August 22nd will be paid a dividend of $0.18 per share on Friday, September 6th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Wednesday, August 21st. View Forward Air's Dividend History.

Forward Air Co. (NASDAQ:FWRD) released its earnings results on Thursday, July, 25th. The transportation company reported $0.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.82 by $0.04. The transportation company had revenue of $345.76 million for the quarter, compared to analyst estimates of $348.07 million. Forward Air had a return on equity of 17.18% and a net margin of 6.70%. The company's quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.82 earnings per share. View Forward Air's Earnings History.

Forward Air is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Forward Air.

Forward Air issued an update on its third quarter earnings guidance on Thursday, July, 25th. The company provided earnings per share guidance of $0.77-0.81 for the period, compared to the Thomson Reuters consensus estimate of $0.84. The company issued revenue guidance of +7-11%(~$354.6-367.8 million), compared to the consensus revenue estimate of $355.53 million.

2 analysts have issued 1-year target prices for Forward Air's stock. Their forecasts range from $67.00 to $75.00. On average, they expect Forward Air's share price to reach $70.00 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets 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.

Media coverage about FWRD stock has trended somewhat negative on Sunday, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Forward Air earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave media coverage about the transportation company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Forward Air.

Forward Air saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 764,100 shares, an increase of 5.2% from the July 31st total of 726,400 shares. Based on an average daily trading volume, of 161,300 shares, the days-to-cover ratio is currently 4.7 days. Approximately 2.7% of the shares of the stock are sold short. View Forward Air's Current Options Chain.

Some companies that are related to Forward Air include Brink's (BCO), Hub Group (HUBG), CryoPort (CYRX), Echo Global Logistics (ECHO), Roadrunner Transportation Systems (RRTS) and Sino-Global Shipping America (SINO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Forward Air investors own include Verizon Communications (VZ), CVS Health (CVS), Mcdonald's (MCD), AT&T (T), Walt Disney (DIS), Pfizer (PFE), Square (SQ), UnitedHealth Group (UNH), Applied Materials (AMAT) and Bed Bath & Beyond (BBBY).

Forward Air's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.86%), BlackRock Inc. (14.87%), Vanguard Group Inc. (10.51%), Victory Capital Management Inc. (4.30%), Silvercrest Asset Management Group LLC (2.45%) and Atlanta Capital Management Co. L L C (2.03%). Company insiders that own Forward Air stock include Bruce A 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.

FWRD stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Dalton Greiner Hartman Maher & Co., Vanguard Group Inc., Atlanta Capital Management Co. L L C, Panagora Asset Management Inc., Jacobs Levy Equity Management Inc., TD Asset Management Inc. and Man Group plc. Company insiders that have sold Forward Air company stock in the last year include Bruce A Campbell, Chris C Ruble, George M Lynch and Glenn A Adelaar. View Insider Buying and Selling for Forward Air.

FWRD stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Balyasny Asset Management LLC, Morgan Stanley, APG Asset Management N.V., Bank of America Corp DE, D. E. Shaw & Co. Inc., Bank of Montreal Can and Wells Fargo & Company MN. View Insider Buying and Selling 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 $63.26.

Forward Air has a market capitalization of $1.79 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.View Additional Information About Forward Air.

The official website for Forward Air is http://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]