Forward Air Stock Price, News & Analysis (NASDAQ:FWRD)

$63.26
-0.22 (-0.35 %)
(As of 09/22/2019 04:00 PM ET)
Today's Range
$63.07
Now: $63.26
$64.17
50-Day Range
$58.02
MA: $61.54
$64.79
52-Week Range
$51.54
Now: $63.26
$72.81
Volume159,557 shs
Average Volume124,408 shs
Market Capitalization$1.79 billion
P/E Ratio20.28
Dividend Yield1.13%
Beta1.54
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. Read More…

Industry, Sector and Symbol

Industry Freight transportation arrangement
Sub-IndustryAir Freight & Logistics
SectorTransportation
Current SymbolNASDAQ:FWRD
CUSIP34985310
Phone423-636-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.32 billion
Cash Flow$4.5807 per share
Book Value$18.94 per share

Profitability

Net Income$92.05 million

Miscellaneous

Employees5,369
Market Cap$1.79 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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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 Tuesday, July 23rd. Shareholders of record on Thursday, August 22nd will be paid a dividend of $0.18 per share on Friday, September 6th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Wednesday, August 21st. View Forward Air's Dividend History.

How were Forward Air's earnings last quarter?

Forward Air Co. (NASDAQ:FWRD) released its earnings results on Thursday, July, 25th. The transportation company reported $0.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.82 by $0.04. The transportation company had revenue of $345.76 million for the quarter, compared to analyst estimates of $348.07 million. Forward Air had a return on equity of 17.18% and a net margin of 6.70%. The company's quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.82 earnings per share. View Forward Air's Earnings History.

When is Forward Air's next earnings date?

Forward Air is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Forward Air.

What guidance has Forward Air issued on next quarter's earnings?

Forward Air issued an update on its third quarter earnings guidance on Thursday, July, 25th. The company provided earnings per share guidance of $0.77-0.81 for the period, compared to the Thomson Reuters consensus estimate of $0.84. The company issued revenue guidance of +7-11%(~$354.6-367.8 million), compared to the consensus revenue estimate of $355.53 million.

What price target have analysts set for FWRD?

2 analysts have issued 1-year target prices for Forward Air's stock. Their forecasts range from $67.00 to $75.00. On average, they expect Forward Air's share price to reach $70.00 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for Forward Air.

What is the consensus analysts' recommendation for Forward Air?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forward Air in the last year. There are currently 1 hold rating and 1 buy rating 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 trended somewhat negative on Sunday, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Forward Air earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave media coverage about the transportation company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Forward Air.

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 totalling 764,100 shares, an increase of 5.2% from the July 31st total of 726,400 shares. Based on an average daily trading volume, of 161,300 shares, the days-to-cover ratio is currently 4.7 days. Approximately 2.7% of the shares of the stock are sold short. View Forward Air's Current Options Chain.

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 Verizon Communications (VZ), CVS Health (CVS), Mcdonald's (MCD), AT&T (T), Walt Disney (DIS), Pfizer (PFE), Square (SQ), UnitedHealth Group (UNH), Applied Materials (AMAT) and Bed Bath & Beyond (BBBY).

Who are Forward Air's key executives?

Forward Air's management team includes the folowing people:
  • Mr. Bruce A. Campbell, Exec. Chairman (Age 67)
  • Mr. Thomas Schmitt, CEO, Pres & Director (Age 54)
  • Mr. Michael Joseph Morris, CFO, Principal Accounting Officer, Sr. VP & Treasurer (Age 50)
  • Mr. Chris C. Ruble, Chief Operating Officer (Age 56)
  • Mr. Michael L. Hance, Sr. VP, Chief Legal Officer & Sec. (Age 47)

Who are Forward Air's major shareholders?

Forward Air's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.86%), BlackRock Inc. (14.87%), Vanguard Group Inc. (10.51%), Victory Capital Management Inc. (4.30%), Silvercrest Asset Management Group LLC (2.45%) and Atlanta Capital Management Co. L L C (2.03%). Company insiders that own Forward Air stock include Bruce A Campbell, Chris C Ruble, George M Lynch, Glenn A Adelaar, Matthew J Jewell, Michael L Hance and Michael P Mclean. View Institutional Ownership Trends for Forward Air.

Which institutional investors are selling Forward Air stock?

FWRD stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Dalton Greiner Hartman Maher & Co., Vanguard Group Inc., Atlanta Capital Management Co. L L C, Panagora Asset Management Inc., Jacobs Levy Equity Management Inc., TD Asset Management Inc. and Man Group plc. Company insiders that have sold Forward Air company stock in the last year include Bruce A Campbell, Chris C Ruble, George M Lynch and Glenn A Adelaar. View Insider Buying and Selling for Forward Air.

Which institutional investors are buying Forward Air stock?

FWRD stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Balyasny Asset Management LLC, Morgan Stanley, APG Asset Management N.V., Bank of America Corp DE, D. E. Shaw & Co. Inc., Bank of Montreal Can and Wells Fargo & Company MN. View Insider Buying and Selling for Forward Air.

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, Robinhood, Fidelity and Charles Schwab.

What is Forward Air's stock price today?

One share of FWRD stock can currently be purchased for approximately $63.26.

How big of a company is Forward Air?

Forward Air has a market capitalization of $1.79 billion and generates $1.32 billion in revenue each year. The transportation company earns $92.05 million in net income (profit) each year or $3.12 on an earnings per share basis. Forward Air employs 5,369 workers across the globe.View Additional Information About Forward Air.

What is Forward Air's official website?

The official website for Forward Air is http://www.forwardair.com/.

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)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  249 (Vote Outperform)
Underperform Votes:  395 (Vote Underperform)
Total Votes:  644
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.
This page was last updated on 9/22/2019 by MarketBeat.com Staff

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