NASDAQ:FWRD

Forward Air Stock Forecast, Price & News

$86.87
-1.57 (-1.78 %)
(As of 08/2/2021 12:00 AM ET)
Add
Compare
Today's Range
$86.32
$90.60
50-Day Range
$85.73
$96.89
52-Week Range
$51.72
$100.93
Volume115,238 shs
Average Volume134,598 shs
Market Capitalization$2.37 billion
P/E Ratio44.78
Dividend Yield0.95%
Beta1.15
30 days | 90 days | 365 days | Advanced Chart
Receive FWRD 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

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.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.62 out of 5 stars

Transportation Sector

28th out of 258 stocks

Freight Transportation Arrangement Industry

1st out of 11 stocks

Analyst Opinion: 2.5Community Rank: 3.7Dividend Strength: 1.7Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Forward Air (NASDAQ:FWRD) Frequently Asked Questions

Is Forward Air a buy right now?

3 Wall Street equities 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 equities 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 July. As of July 15th, there was short interest totaling 605,600 shares, an increase of 39.9% from the June 30th total of 433,000 shares. Based on an average trading volume of 139,200 shares, the short-interest ratio is currently 4.4 days. Currently, 2.2% of the company's stock 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) posted its quarterly earnings data on Wednesday, July, 28th. The transportation company reported $1.11 EPS for the quarter, beating the consensus estimate of $0.97 by $0.14. 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 price 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 (WHO). Since then, FWRD shares have increased by 72.4% and is now trading at $86.87.
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 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 yield of 0.97%. The ex-dividend date of this dividend 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 0.95%. 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 19.09% 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, July, 29th. The company provided earnings per share (EPS) 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 target prices for Forward Air's stock. Their forecasts range from $61.00 to $125.00. On average, they anticipate Forward Air's stock price to reach $95.67 in the next twelve months. This suggests a possible upside of 10.1% 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:
  • Mr. Thomas Schmitt, Pres, CEO, Acting CFO & Exec. Chairman (Age 56, Pay $1.08M)
  • Mr. Chris C. Ruble, Chief Operating Officer (Age 58, Pay $682.9k)
  • Mr. Michael L. Hance, Chief Legal Officer & Sec. (Age 49, Pay $497.66k)
  • Mr. Matthew J. Jewell, Consultant (Age 55, Pay $1.01M)
  • Mr. Michael Joseph Morris, Advisor (Age 52, Pay $568.45k)
  • Mr. Scott E. Schara, Chief Commercial Officer (Age 53, Pay $395.48k)
  • Ms. Rebecca J. Garbrick, VP, Controller & Principal Accounting Officer
  • Mr. Joseph Michael Tomasello, Chief Information Officer
  • Mr. Kyle R. Mitchin, Chief People Officer
  • Matt Casey, Sr. VP of Safety

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 (0.90%), Emerald Advisers LLC (0.82%), Scout Investments Inc. (0.33%), Confluence Investment Management LLC (0.26%), Alliancebernstein L.P. (0.15%) and Cambiar Investors LLC (0.11%). Company insiders that own Forward Air stock include C Robert Campbell, Chris C Ruble, George M Lynch, George S Mayes Jr, Glenn A Adelaar, 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 Boston Trust Walden Corp, Scout Investments Inc., Cambiar Investors LLC, Emerald Advisers LLC, New York State Common Retirement Fund, Arizona State Retirement System, Zurcher Kantonalbank Zurich Cantonalbank , and Texas Permanent School Fund. 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, Matthew J Jewell, 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 purchased by a variety of institutional investors in the last quarter, including Hillsdale Investment Management Inc., Aptus Capital Advisors LLC, Alliancebernstein L.P., Harel Insurance Investments & Financial Services Ltd., Confluence Investment Management LLC, and State of Alaska Department of Revenue.
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 $86.87.

How much money does Forward Air make?

Forward Air has a market capitalization of $2.37 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?

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 8/2/2021 by MarketBeat.com Staff
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

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (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

© 2021 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. Fundamental company data provided by Zacks Investment Research.