×
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NASDAQ:FWRD

Forward Air Stock Forecast, Price & News

$91.35
-0.61 (-0.66%)
(As of 07/1/2022 03:59 PM ET)
Add
Compare
Today's Range
$89.71
$92.61
50-Day Range
$84.99
$102.58
52-Week Range
$80.56
$125.71
Volume
2,882 shs
Average Volume
172,374 shs
Market Capitalization
$2.45 billion
P/E Ratio
18.20
Dividend Yield
1.05%
Price Target
$139.50

Forward Air MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
52.7% Upside
$139.50 Price Target
Short Interest
Healthy
2.71% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.76mentions of Forward Air in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.04%
From $6.39 to $6.84 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.35 out of 5 stars

Transportation Sector

31st out of 173 stocks

Freight Transportation Arrangement Industry

1st out of 9 stocks

30 days | 90 days | 365 days | Advanced Chart

Receive FWRD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Forward Air and its competitors with MarketBeat's FREE daily newsletter.

Forward Air logo

About Forward Air (NASDAQ:FWRD) Stock

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. 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. This segment 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. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.

FWRD Stock News Headlines

Forward Air goes ex-dividend tomorrow
Forward Air Tops Q1 EPS by 30c
Analysts Forecast 17% Gains Ahead For DGRO
See More Headlines

Industry, Sector and Symbol

Industry
Freight transportation arrangement
Sub-Industry
Air Freight & Logistics
Current Symbol
NASDAQ:FWRD
CUSIP
34985310
Employees
4,327
Year Founded
N/A

Company Calendar

Last Earnings
4/27/2022
Ex-Dividend for 6/14 Dividend
5/25/2022
Dividend Payable
6/14/2022
Today
7/04/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$139.50
High Stock Price Forecast
$165.00
Low Stock Price Forecast
$125.00
Forecasted Upside/Downside
+52.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.85714285714286
Research Coverage
7 Analysts

Profitability

Net Income
$105.86 million
Pretax Margin
10.75%

Debt

Sales & Book Value

Annual Sales
$1.66 billion
Cash Flow
$5.98 per share
Book Value
$22.02 per share

Miscellaneous

Free Float
26,513,000
Market Cap
$2.45 billion
Optionable
Optionable
Beta
1.11














Forward Air Frequently Asked Questions

Should I buy or sell Forward Air stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Forward Air in the last twelve months. There are currently 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Forward Air stock.
View analyst ratings for Forward Air
or view top-rated stocks.

What is Forward Air's stock price forecast for 2022?

7 equities research analysts have issued 1 year price targets for Forward Air's stock. Their FWRD stock forecasts range from $125.00 to $165.00. On average, they anticipate Forward Air's share price to reach $139.50 in the next year. This suggests a possible upside of 52.7% from the stock's current price.
View analysts' price targets for Forward Air
or view top-rated stocks among Wall Street analysts.

How has Forward Air's stock performed in 2022?

Forward Air's stock was trading at $121.09 on January 1st, 2022. Since then, FWRD shares have decreased by 24.6% and is now trading at $91.35.
View the best growth stocks for 2022 here
.

When is Forward Air's next earnings date?

Forward Air is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Forward Air
.

How were Forward Air's earnings last quarter?

Forward Air Co. (NASDAQ:FWRD) issued its quarterly earnings results on Wednesday, April, 27th. The transportation company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.05. The transportation company had revenue of $466.96 million for the quarter, compared to analysts' expectations of $453.60 million. Forward Air had a net margin of 7.77% and a trailing twelve-month return on equity of 24.69%. During the same quarter in the previous year, the firm earned $0.60 earnings per share.
View Forward Air's earnings history
.

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

Forward Air announced a quarterly dividend on Wednesday, April 27th. Shareholders of record on Thursday, May 26th will be paid a dividend of $0.24 per share on Tuesday, June 14th. This represents a $0.96 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Wednesday, May 25th.
View Forward Air's dividend history
.

Is Forward Air a good dividend stock?

Forward Air(NASDAQ:FWRD) pays an annual dividend of $0.96 per share and currently has a dividend yield of 1.05%. Forward Air does not yet have a strong track record of dividend growth. The dividend payout ratio of Forward Air is 19.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Forward Air will have a dividend payout ratio of 14.04% 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 updated its second quarter 2022 earnings guidance on Wednesday, June, 29th. The company provided earnings per share guidance of $1.63- for the period, compared to the consensus earnings per share estimate of $1.66. The company issued revenue guidance of -.

Who are Forward Air's key executives?

Forward Air's management team includes the following people:

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.

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).

What is Forward Air's stock symbol?

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

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.
Compare Top Brokerages Here.

What is Forward Air's stock price today?

One share of FWRD stock can currently be purchased for approximately $91.35.

How much money does Forward Air make?

Forward Air (NASDAQ:FWRD) has a market capitalization of $2.45 billion and generates $1.66 billion in revenue each year. The transportation company earns $105.86 million in net income (profit) each year or $5.02 on an earnings per share basis.

How many employees does Forward Air have?

Forward Air employs 4,327 workers across the globe.

How can I contact Forward Air?

Forward Air's mailing address is 1915 SNAPPS FERRY ROAD BUILDING N, GREENEVILLE TN, 37744. The official website for Forward Air is www.forwardair.com. The transportation company can be reached via phone at (423) 636-7000, via email at investorrelations@forwardair.com, or via fax at 423-783-9019.

This page (NASDAQ:FWRD) was last updated on 7/4/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.