NASDAQ:FWRD

Forward Air Stock Forecast, Price & News

$84.23
+1.29 (+1.56 %)
(As of 09/21/2021 12:00 AM ET)
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Today's Range
$82.48
$84.87
50-Day Range
$82.12
$90.67
52-Week Range
$53.28
$100.93
Volume162,031 shs
Average Volume130,534 shs
Market Capitalization$2.28 billion
P/E Ratio43.42
Dividend Yield1.01%
Beta1.14
30 days | 90 days | 365 days | Advanced Chart
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Forward Air logo

About Forward Air

Forward Air Corp. engages in the provision of less-than-truckload (LTL), truckload, intermodal and pool distribution services. It operates through the following segments: Expedited LTL and Intermodal. The Expedited LTL segment provides expedited regional, inter-regional and national LTL, final mile and truckload services. The Intermodal segment provides first and last-mile high value intermodal container drayage services to and from seaports and railheads. The company was founded by Scott M. Niswonger on October 23, 1981 and is headquartered in Greeneville, TN.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

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Miscellaneous


MarketRank

Overall MarketRank

2.45 out of 5 stars

Transportation Sector

43rd out of 172 stocks

Freight Transportation Arrangement Industry

3rd out of 7 stocks

Analyst Opinion: 2.5Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Forward Air (NASDAQ:FWRD) Frequently Asked Questions

Is Forward Air a buy right now?

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

What stocks does MarketBeat like better than Forward Air?

Wall Street analysts have given Forward Air a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Forward Air wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Forward Air?

Forward Air saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 582,300 shares, an increase of 29.3% from the August 15th total of 450,200 shares. Based on an average daily trading volume, of 128,400 shares, the short-interest ratio is presently 4.5 days. Currently, 2.2% of the company's shares are short sold.
View Forward Air's Short Interest
.

When is Forward Air's next earnings date?

Forward Air is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Forward Air
.

How were Forward Air's earnings last quarter?

Forward Air Co. (NASDAQ:FWRD) issued its quarterly earnings data on Wednesday, July, 28th. The transportation company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.14. The transportation company had revenue of $420.67 million for the quarter, compared to the consensus estimate of $390.90 million. Forward Air had a net margin of 3.69% and a trailing twelve-month return on equity of 14.49%.
View Forward Air's earnings history
.

How has Forward Air's stock been impacted by COVID-19?

Forward Air's stock was trading at $50.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FWRD stock has increased by 67.1% and is now trading at $84.23.
View which stocks have been most impacted by COVID-19
.

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

Forward Air declared a quarterly dividend on Thursday, July 29th. Investors of record on Friday, August 20th will be paid a dividend of $0.21 per share on Thursday, September 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Thursday, August 19th.
View Forward Air's dividend history
.

Is Forward Air a good dividend stock?

Forward Air pays an annual dividend of $0.84 per share and currently has a dividend yield of 1.01%. Forward Air does not yet have a strong track record of dividend growth. The dividend payout ratio of Forward Air is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Forward Air will have a dividend payout ratio of 17.65% 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 third quarter 2021 earnings guidance on Thursday, August, 5th. The company provided earnings per share guidance of $1.030-$1.070 for the period, compared to the Thomson Reuters consensus estimate of $0.980. The company issued revenue guidance of $424.96 million-$438.24 million, compared to the consensus revenue estimate of $381.92 million.

What price target have analysts set for FWRD?

3 equities research analysts have issued 12-month price targets for Forward Air's stock. Their forecasts range from $61.00 to $125.00. On average, they expect Forward Air's stock price to reach $95.67 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price.
View analysts' price targets for Forward Air
or view top-rated stocks among Wall Street analysts.

Who are Forward Air's key executives?

Forward Air's management team includes the following people:
  • Thomas Schmitt, Executive Chairman, President & CEO
  • Chris C. Ruble, Chief Operating Officer (LinkedIn Profile)
  • Rebecca Garbrick, Chief Financial Officer & Treasurer
  • Jay Tomasello, Chief Information Officer
  • Scott E. Schara, Chief Commercial Officer

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.

Who are some of Forward Air's key competitors?

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."

Who are Forward Air's major shareholders?

Forward Air's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.31%), Vanguard Group Inc. (10.64%), Ancora Advisors LLC (6.75%), Neuberger Berman Group LLC (5.06%), ArrowMark Colorado Holdings LLC (4.55%) and Clearbridge Investments LLC (4.07%). Company insiders that own Forward Air stock include C Robert Campbell, Chris C Ruble, George M Lynch, George S Mayes Jr, Kyle R Mitchin, Matthew J Jewell, Michael Joseph Morris, Michael L Hance and Pharmaceutical Co Ltd Takeda.
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 BlackRock Inc., Massachusetts Financial Services Co. MA, Victory Capital Management Inc., ArrowMark Colorado Holdings LLC, Running Oak Capital LLC, Dimensional Fund Advisors LP, California Public Employees Retirement System, and Weiss Multi Strategy Advisers LLC. Company insiders that have sold Forward Air company stock in the last year include C Robert Campbell, Chris C Ruble, George M Lynch, Kyle R Mitchin, Michael Joseph Morris, Michael L Hance, and Pharmaceutical Co Ltd Takeda.
View insider buying and selling activity for Forward Air
or view top insider-selling stocks.

Which major investors are buying Forward Air stock?

FWRD stock was acquired by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Royal Bank of Canada, Ancora Advisors LLC, Silvercrest Asset Management Group LLC, Millennium Management LLC, Parametric Portfolio Associates LLC, Vanguard Group Inc., and JPMorgan Chase & Co..
View insider buying and selling activity for Forward Air
or or view top insider-buying stocks.

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 $84.23.

How much money does Forward Air make?

Forward Air has a market capitalization of $2.28 billion and generates $1.27 billion in revenue each year. The transportation company earns $23.73 million in net income (profit) each year or $1.89 on an earnings per share basis.

How many employees does Forward Air have?

Forward Air employs 3,774 workers across the globe.

What is Forward Air's official website?

The official website for Forward Air is www.forwardair.com.

Where are Forward Air's headquarters?

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].


This page was last updated on 9/22/2021 by MarketBeat.com Staff
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