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

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

Forward Air declared a quarterly dividend on Wednesday, February 12th. Shareholders of record on Thursday, March 5th will be paid a dividend of $0.18 per share on Friday, March 20th. This represents a $0.72 annualized dividend and a yield of 1.15%. The ex-dividend date of this dividend is Wednesday, March 4th. View Forward Air's Dividend History.

Forward Air Co. (NASDAQ:FWRD) issued its earnings results on Thursday, February, 6th. The transportation company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.93 by $0.08. The transportation company had revenue of $381.50 million for the quarter, compared to the consensus estimate of $384.28 million. The business's revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the business earned $0.95 EPS. View Forward Air's Earnings History.

Forward Air is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Forward Air.

Forward Air updated its first quarter earnings guidance on Thursday, February, 6th. The company provided earnings per share guidance of $0.58-0.62 for the period, compared to the Thomson Reuters consensus estimate of $0.70. The company issued revenue guidance of +13-17% (implying $363-376 million), compared to the consensus revenue estimate of $348.17 million.

3 Wall Street analysts have issued twelve-month target prices for Forward Air's stock. Their forecasts range from $75.00 to $76.00. On average, they expect Forward Air's share price to reach $75.33 in the next twelve months. This suggests a possible upside of 20.0% from the stock's current price. View Analyst Price Targets for Forward Air.

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

Press coverage about FWRD stock has trended negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Forward Air earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the transportation company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact 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 January. As of January 15th, there was short interest totalling 673,000 shares, an increase of 5.1% from the December 31st total of 640,600 shares. Based on an average daily volume of 121,700 shares, the short-interest ratio is presently 5.5 days. Approximately 2.4% of the company's shares are short sold. View Forward Air's Current Options Chain.

Some companies that are related to Forward Air include Air Transport Services Group (ATSG), Atlas Air Worldwide (AAWW), C.H. Robinson Worldwide (CHRW), Echo Global Logistics (ECHO), Expeditors International of Washington (EXPD), FedEx (FDX), Hub Group (HUBG), Park-Ohio (PKOH), United Parcel Service (UPS) and XPO Logistics (XPO).

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), Applied Materials (AMAT), Cisco Systems (CSCO), AbbVie (ABBV), Home Depot (HD) and Mcdonald's (MCD).

Forward Air's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Victory Capital Management Inc. (4.85%), Victory Capital Management Inc. (4.82%), ArrowMark Colorado Holdings LLC (4.07%), State Street Corp (3.08%), Royce & Associates LP (2.75%) and Tributary Capital Management LLC (1.45%). Company insiders that own Forward Air stock include Bruce A Campbell, Chris C Ruble, George M Lynch, Glenn A Adelaar, Matthew J Jewell 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 Scopus Asset Management L.P., Dalton Greiner Hartman Maher & Co., River Road Asset Management LLC, Royce & Associates LP, UBS Group AG, Panagora Asset Management Inc., Raymond James & Associates and Bank of New York Mellon Corp. Company insiders that have sold Forward Air company stock in the last year include Bruce A Campbell, Chris C Ruble and Glenn A Adelaar. View Insider Buying and Selling for Forward Air.

FWRD stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Victory Capital Management Inc., Victory Capital Management Inc., Renaissance Technologies LLC, First Trust Advisors LP, Marks Group Wealth Management Inc, Great West Life Assurance Co. Can and Aviva PLC. 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 $62.77.