Forward Air Stock Forecast, Price & 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. Since then, FWRD stock has increased by 50.3% and is now trading at $75.74.
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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.

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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.

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

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.

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.

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.

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.

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.

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 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 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.

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.

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.

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.

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

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.

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]