NASDAQ:FWRD - Forward Air Stock Price, Forecast & News

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

Forward Air announced a quarterly dividend on Wednesday, February 12th. Shareholders of record on Thursday, March 5th will be paid a dividend of $0.18 per share on Friday, March 20th. This represents a $0.72 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend is Wednesday, March 4th. View Forward Air's Dividend History.

Forward Air Co. (NASDAQ:FWRD) released its quarterly earnings results on Thursday, February, 6th. The transportation company reported $0.85 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.93 by $0.08. The transportation company had revenue of $381.50 million for the quarter, compared to analysts' expectations of $384.28 million. Forward Air had a net margin of 6.18% and a return on equity of 16.25%. The firm's revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the business posted $0.95 earnings per share. View Forward Air's Earnings History.

Forward Air is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Forward Air.

Forward Air issued an update on its first quarter earnings guidance on Thursday, February, 6th. The company provided earnings per share (EPS) guidance of $0.58-0.62 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.70. The company issued revenue guidance of +13-17% (implying $363-376 million), compared to the consensus revenue estimate of $348.17 million.

3 analysts have issued 12 month target prices for Forward Air's stock. Their forecasts range from $75.00 to $76.00. On average, they expect Forward Air's stock price to reach $75.33 in the next year. This suggests a possible upside of 15.2% from the stock's current price. View Analyst Price Targets for Forward Air.

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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Forward Air.

Media coverage about FWRD stock has trended very negative this week, according to InfoTrie. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Forward Air earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news headlines about the transportation company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Forward Air.

Forward Air saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 673,000 shares, an increase of 5.1% from the December 31st total of 640,600 shares. Based on an average daily trading volume, of 121,700 shares, the days-to-cover ratio is presently 5.5 days. Approximately 2.4% of the company's stock are short sold. View Forward Air's Current Options Chain.

Some companies that are related to Forward Air include United Parcel Service (UPS), FedEx (FDX), Expeditors International of Washington (EXPD), C.H. Robinson Worldwide (CHRW), XPO Logistics (XPO), Hub Group (HUBG), Air Transport Services Group (ATSG), Atlas Air Worldwide (AAWW), Echo Global Logistics (ECHO) and Park-Ohio (PKOH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Forward Air investors own include Verizon Communications (VZ), AT&T (T), CVS Health (CVS), Walt Disney (DIS), Pfizer (PFE), Applied Materials (AMAT), Cisco Systems (CSCO), AbbVie (ABBV), Home Depot (HD) and Mcdonald's (MCD).

Forward Air's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Victory Capital Management Inc. (4.85%), Victory Capital Management Inc. (4.82%), ArrowMark Colorado Holdings LLC (4.07%), State Street Corp (3.08%), Royce & Associates LP (2.75%) and Tributary Capital Management LLC (1.45%). Company insiders that own Forward Air stock include Bruce A Campbell, Chris C Ruble, George M Lynch, Glenn A Adelaar, Matthew J Jewell and Michael L Hance. View Institutional Ownership Trends for Forward Air.

FWRD stock was sold by a variety of institutional investors in the last quarter, including Scopus Asset Management L.P., Dalton Greiner Hartman Maher & Co., River Road Asset Management LLC, Royce & Associates LP, UBS Group AG, Panagora Asset Management Inc., Raymond James & Associates and Bank of New York Mellon Corp. Company insiders that have sold Forward Air company stock in the last year include Bruce A Campbell and Glenn A Adelaar. View Insider Buying and Selling for Forward Air.

FWRD stock was acquired by a variety of institutional investors in the last quarter, including Man Group plc, FMR LLC, Victory Capital Management Inc., Victory Capital Management Inc., Renaissance Technologies LLC, First Trust Advisors LP, Marks Group Wealth Management Inc and Great West Life Assurance Co. Can. View Insider Buying and Selling for 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.

One share of FWRD stock can currently be purchased for approximately $65.42.

Forward Air has a market capitalization of $1.84 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. Forward Air employs 5,369 workers across the globe.View Additional Information About Forward Air.

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

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]