Forward Air Stock Forecast, Price & News

-3.30 (-3.63 %)
(As of 06/18/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume312,649 shs
Average Volume134,772 shs
Market Capitalization$2.39 billion
P/E Ratio93.27
Dividend Yield0.92%
30 days | 90 days | 365 days | Advanced Chart
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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.


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Industry, Sector and Symbol

Sales & Book Value






Overall MarketRank

1.74 out of 5 stars

Transportation Sector

59th out of 248 stocks

Freight Transportation Arrangement Industry

4th out of 11 stocks

Analyst Opinion: 1.5Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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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 twelve months. There are currently 1 hold rating, 1 buy rating and 1 strong buy rating 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 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 drop in short interest during the month of May. As of May 28th, there was short interest totaling 361,900 shares, a drop of 22.6% from the May 13th total of 467,700 shares. Based on an average trading volume of 123,000 shares, the days-to-cover ratio is presently 2.9 days. Approximately 1.3% of the shares of the stock are sold short.
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, July 29th 2021.
View our earnings forecast for Forward Air

How were Forward Air's earnings last quarter?

Forward Air Co. (NASDAQ:FWRD) issued its quarterly earnings data on Wednesday, April, 28th. The transportation company reported $0.40 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.56 by $0.16. The transportation company had revenue of $362.20 million for the quarter, compared to analysts' expectations of $341.37 million. Forward Air had a trailing twelve-month return on equity of 10.51% and a net margin of 2.00%.
View Forward Air's earnings history

How has Forward Air's stock price 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. Since then, FWRD stock has increased by 73.9% and is now trading at $87.67.
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 Monday, April 26th. Stockholders of record on Thursday, May 27th will be paid a dividend of $0.21 per share on Monday, June 14th. This represents a $0.84 annualized dividend and a yield of 0.96%. The ex-dividend date is Wednesday, May 26th.
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 0.92%. 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 19.72% 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 second quarter 2021 earnings guidance on Thursday, May, 6th. The company provided earnings per share (EPS) guidance of 0.960-1.000 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.790. The company issued revenue guidance of $380.27 million-$394.35 million, compared to the consensus revenue estimate of $348.72 million.

What price target have analysts set for FWRD?

3 brokers have issued 12 month price objectives for Forward Air's shares. Their forecasts range from $61.00 to $120.00. On average, they expect Forward Air's share price to reach $94.00 in the next year. This suggests a possible upside of 7.2% 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 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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.21%), Neuberger Berman Group LLC (4.59%), Clearbridge Investments LLC (4.06%), Dimensional Fund Advisors LP (3.82%), Victory Capital Management Inc. (3.47%) and Thrivent Financial for Lutherans (2.39%). 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 and Michael L Hance.
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 Boston Trust Walden Corp, Victory Capital Management Inc., Dalton Greiner Hartman Maher & Co., Dimensional Fund Advisors LP, Tributary Capital Management LLC, Man Group plc, Thrivent Financial for Lutherans, and Arrowstreet Capital Limited Partnership. 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, and Michael L Hance.
View insider buying and selling activity for Forward Air
or view top insider-selling stocks.

Which institutional investors are buying Forward Air stock?

FWRD stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Neuberger Berman Group LLC, Citadel Advisors LLC, Scopus Asset Management L.P., Weiss Multi Strategy Advisers LLC, Geode Capital Management LLC, Renaissance Technologies LLC, and Clearbridge Investments LLC.
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 $87.67.

How much money does Forward Air make?

Forward Air has a market capitalization of $2.39 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

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 6/18/2021 by Staff
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