NASDAQ:FWRD

Forward Air Stock Forecast, Price & News

$87.42
+0.22 (+0.25 %)
(As of 04/22/2021 12:29 PM ET)
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Today's Range
$86.43
Now: $87.42
$87.85
50-Day Range
$84.55
MA: $89.12
$93.03
52-Week Range
$40.75
Now: $87.42
$93.53
Volume3,476 shs
Average Volume131,509 shs
Market Capitalization$2.39 billion
P/E Ratio47.00
Dividend Yield0.97%
Beta1.15
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. The company operates through 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. It 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. The company serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, and steamship lines and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.
Forward Air logo

Industry, Sector and Symbol

Industry Freight transportation arrangement
Sub-IndustryAir Freight & Logistics
Current SymbolNASDAQ:FWRD
CUSIP34985310
Phone423-636-7000
Employees3,774
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.41 billion
Cash Flow$5.07 per share
Book Value$20.49 per share

Profitability

Net Income$87.10 million

Miscellaneous

Market Cap$2.39 billion
Next Earnings Date4/29/2021 (Confirmed)
OptionableOptionable

Headlines

Analyzing Forward Air's Ex-Dividend Date
March 2, 2021 |  finance.yahoo.com
Forward Air Announces Sale of Pool Distribution Business
February 12, 2021 |  finance.yahoo.com
Forward Air (FWRD) Misses Q4 Earnings and Revenue Estimates
February 11, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.71 out of 5 stars

Transportation Sector

47th out of 240 stocks

Freight Transportation Arrangement Industry

2nd out of 11 stocks

Analyst Opinion: 1.3Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$87.42
+0.22 (+0.25 %)
(As of 04/22/2021 12:29 PM ET)
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Forward Air (NASDAQ:FWRD) Frequently Asked Questions

Is Forward Air a buy right now?

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. The consensus among Wall Street 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Forward Air wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Forward Air's next earnings date?

Forward Air is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Forward Air
.

How can I listen to Forward Air's earnings call?

Forward Air will be holding an earnings conference call on Thursday, April 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Forward Air's earnings last quarter?

Forward Air Co. (NASDAQ:FWRD) issued its quarterly earnings results on Wednesday, February, 10th. The transportation company reported ($0.17) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.73 by $0.90. The transportation company earned $350.34 million during the quarter, compared to analysts' expectations of $417.75 million. Forward Air had a net margin of 3.91% and a trailing twelve-month return on equity of 10.39%.
View Forward Air's earnings history
.

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

Forward Air's stock was trading at $50.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FWRD shares have increased by 72.8% and is now trading at $87.10.
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 announced a quarterly dividend on Tuesday, February 16th. Investors of record on Thursday, March 4th will be given a dividend of $0.21 per share on Friday, March 19th. This represents a $0.84 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend is Wednesday, March 3rd.
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 0.97%. Forward Air does not yet have a strock track record of dividend growth. The dividend payout ratio of Forward Air is 27.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Forward Air will have a dividend payout ratio of 28.87% 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 issued an update on its first quarter 2021 After-Hours earnings guidance on Thursday, February, 11th. The company provided earnings per share (EPS) guidance of 0.55-0.59 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.60. The company issued revenue guidance of $380.185-393.885 million, compared to the consensus revenue estimate of $327.8 million.

What price target have analysts set for FWRD?

3 equities research analysts have issued twelve-month price targets for Forward Air's stock. Their forecasts range from $54.00 to $101.00. On average, they expect Forward Air's share price to reach $79.00 in the next year. This suggests that the stock has a possible downside of 9.3%.
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:
  • Mr. Thomas Schmitt, Pres, CEO & Exec. Chairman (Age 56, Pay $1.33M)
  • Mr. Michael Joseph Morris, CFO, Sr. VP, Treasurer & Interim Principal Accounting Officer (Age 52, Pay $679.65k)
  • Mr. Chris C. Ruble, Chief Operating Officer (Age 58, Pay $814.62k)
  • Mr. Michael L. Hance, Chief Legal Officer & Sec. (Age 49, Pay $595.33k)
  • Mr. Matthew J. Jewell, Consultant (Age 55, Pay $751.76k)
  • Mr. Joseph Michael Tomasello, Chief Information Officer
  • Mr. Kyle R. Mitchin, Chief People Officer
  • Matt Casey, Sr. VP of Safety
  • Mr. Scott E. Schara, Chief Commercial Officer (Age 53)
  • Ms. Rebecca Garbrick, Controller

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 Boston Trust Walden Corp (0.94%), Tributary Capital Management LLC (0.92%), Scout Investments Inc. (0.36%), Confluence Investment Management LLC (0.26%), New York State Teachers Retirement System (0.26%) and Profit Investment Management LLC (0.21%). Company insiders that own Forward Air stock include C Robert Campbell, Chris C Ruble, Glenn A Adelaar, Kyle R Mitchin, Matthew J Jewell, Michael Joseph Morris and Michael L Hance.
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 Boston Trust Walden Corp, Dalton Greiner Hartman Maher & Co., Tributary Capital Management LLC, New York State Teachers Retirement System, State of Alaska Department of Revenue, Private Trust Co. NA, and Louisiana State Employees Retirement System. Company insiders that have sold Forward Air company stock in the last year include C Robert Campbell, Chris C Ruble, Kyle R Mitchin, Matthew J Jewell, Michael Joseph Morris, and Michael L Hance.
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 purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Everence Capital Management Inc., Profit Investment Management LLC, Confluence Investment Management LLC, RBA Wealth Management LLC, Crossmark Global Holdings Inc., and Cardinal Capital Management.
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 $87.10.

How much money does Forward Air make?

Forward Air has a market capitalization of $2.38 billion and generates $1.41 billion in revenue each year. The transportation company earns $87.10 million in net income (profit) each year or $3.04 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?

Forward Air is headquartered at 1915 SNAPPS FERRY ROAD BUILDING N, GREENEVILLE TN, 37744.

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 4/22/2021 by MarketBeat.com Staff
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