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, 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.
Industry, Sector and Symbol
Industry Freight transportation arrangement
Sub-IndustryAir Freight & Logistics
SectorTransportation
Phone423-636-7000
Debt
Current Ratio2.66
Quick Ratio2.66
Price-To-Earnings
Sales & Book Value
Annual Sales$1.10 billion
Price / Sales1.50
Price / Cash Flow15.30
Price / Book3.16
Profitability
Net Income$87.32 million
Net Margins7.85%
Return on Assets11.87%
Miscellaneous
Employees4,898
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 declared a quarterly dividend on Thursday, October 25th. Shareholders of record on Friday, November 23rd will be paid a dividend of $0.18 per share on Friday, December 7th. This represents a $0.72 annualized dividend and a yield of 1.27%. The ex-dividend date is Wednesday, November 21st. This is an increase from Forward Air's previous quarterly dividend of $0.15. 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, October, 24th. The transportation company reported $0.80 EPS for the quarter, meeting the consensus estimate of $0.80. The transportation company earned $331.38 million during the quarter, compared to analyst estimates of $327.81 million. Forward Air had a return on equity of 15.63% and a net margin of 7.85%. View Forward Air's Earnings History.
When is Forward Air's next earnings date?
How can I listen to Forward Air's earnings call?
Forward Air will be holding an earnings conference call on Friday, February 8th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8002301059.
What guidance has Forward Air issued on next quarter's earnings?
Forward Air updated its fourth quarter earnings guidance on Wednesday, October, 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 $0.90. The company issued revenue guidance of $340-352 million (+11-15% y/y), compared to the consensus revenue estimate of $354.20 million.Forward Air also updated its guidance to EPS.
What price target have analysts set for FWRD?
3 Wall Street analysts have issued 12-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 22.3% from the stock's current price. View Analyst Price Targets for Forward Air.
What is the consensus analysts' recommendation 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.
Has Forward Air been receiving favorable news coverage?
Media coverage about FWRD stock has been trending negative recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Forward Air earned a media sentiment score of -2.5 on InfoTrie's scale. They also assigned news articles about the transportation company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the near future.
Who are some of Forward Air's key competitors?
Who are Forward Air's key executives?
Forward Air's management team includes the folowing people:
- Mr. Bruce A. Campbell, Exec. Chairman (Age 66)
- Mr. Michael Joseph Morris, CFO, Principal Accounting Officer, Sr. VP & Treasurer (Age 49)
- Mr. Chris C. Ruble, Chief Operating Officer (Age 55)
- Mr. Michael L. Hance, Sr. VP, Chief Legal Officer & Sec. (Age 46)
- Mr. Matthew J. Jewell, Pres of Intermodal Services (Age 52)
Who are Forward Air's major shareholders?
Forward Air's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Fenimore Asset Management Inc. (1.97%), Cardinal Capital Management (0.09%), TrimTabs Asset Management LLC (0.07%) and Louisiana State Employees Retirement System (0.04%). Company insiders that own Forward Air stock include Bruce A Campbell, C Robert Campbell, Chris C Ruble, Craig A Drum, 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 Fenimore Asset Management Inc. 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?
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 $56.67.
How big of a company is Forward Air?
Forward Air has a market capitalization of $1.69 billion and generates $1.10 billion in revenue each year. The transportation company earns $87.32 million in net income (profit) each year or $2.36 on an earnings per share basis. Forward Air employs 4,898 workers across the globe.
What is Forward Air's official website?
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)
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.
