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

$64.95
+1.19 (+1.87 %)
(As of 10/23/2019 02:11 AM ET)
Today's Range
$63.61
Now: $64.95
$65.00
50-Day Range
$60.64
MA: $62.92
$64.79
52-Week Range
$51.54
Now: $64.95
$68.82
Volume90,227 shs
Average Volume153,321 shs
Market Capitalization$1.84 billion
P/E Ratio20.82
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$4.69 per share
Book Value$18.94 per share

Profitability

Net Income$92.05 million

Miscellaneous

Employees5,369
Market Cap$1.84 billion
Next Earnings Date10/24/2019 (Confirmed)
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 announced a quarterly dividend on Tuesday, July 23rd. Stockholders 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 1.11%. The ex-dividend date 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 the consensus estimate 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 business's revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the company posted $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 Thursday, October 24th 2019. View Earnings Estimates for Forward Air.

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

Forward Air will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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 earnings per share 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 Wall Street analysts have issued 12-month target prices for Forward Air's shares. Their forecasts range from $67.00 to $75.00. On average, they anticipate Forward Air's stock price to reach $70.00 in the next year. This suggests a possible upside of 7.8% 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?

News stories about FWRD stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Forward Air earned a daily sentiment score of -1.7 on InfoTrie's scale. They also assigned news headlines about the transportation company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Forward Air.

Are investors shorting Forward Air?

Forward Air saw a decrease in short interest in the month of September. As of September 30th, there was short interest totalling 770,700 shares, a decrease of 11.1% from the August 30th total of 867,100 shares. Based on an average daily trading volume, of 147,600 shares, the days-to-cover ratio is currently 5.2 days. Currently, 2.8% of the company's stock are short sold. 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), Intel (INTC), Boeing (BA), Walt Disney (DIS), Pfizer (PFE), Square (SQ) and UnitedHealth Group (UNH).

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 a variety of of institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (1.49%), Dalton Greiner Hartman Maher & Co. (1.09%), Boston Trust Walden Corp (1.07%), Scout Investments Inc. (0.33%), Confluence Investment Management LLC (0.31%) and Envestnet Asset Management Inc. (0.14%). 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.

Which major investors are selling Forward Air stock?

FWRD stock was sold by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, Cambiar Investors LLC, CIBC Private Wealth Group LLC, Confluence Investment Management LLC, Envestnet Asset Management Inc. and Nisa Investment Advisors LLC. 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 major investors are buying Forward Air stock?

FWRD stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., Boston Trust Walden Corp, State of Alaska Department of Revenue, Dalton Greiner Hartman Maher & Co., Signaturefd LLC and Brinker Capital Inc.. 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 $64.95.

How big of a company is Forward Air?

Forward Air has a market capitalization of $1.84 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:  257 (Vote Outperform)
Underperform Votes:  405 (Vote Underperform)
Total Votes:  662
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 10/23/2019 by MarketBeat.com Staff

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