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

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

Forward Air declared a quarterly dividend on Wednesday, February 12th. Stockholders of record on Thursday, March 5th will be given a dividend of $0.18 per share on Friday, March 20th. This represents a $0.72 annualized dividend and a dividend yield of 1.22%. The ex-dividend date is Wednesday, March 4th. View Forward Air's Dividend History.

Forward Air Co. (NASDAQ:FWRD) announced its quarterly earnings data on Thursday, February, 6th. The transportation company reported $0.85 EPS for the quarter, missing the Zacks' consensus estimate of $0.93 by $0.08. The transportation company earned $381.50 million during the quarter, compared to the consensus estimate of $384.28 million. Forward Air had a return on equity of 16.25% and a net margin of 6.18%. The firm's quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.95 EPS. 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 updated its first quarter earnings guidance on Thursday, February, 6th. The company provided EPS guidance of $0.58-0.62 for the period, compared to the Thomson Reuters consensus EPS 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 equities research analysts have issued 12 month price objectives for Forward Air's stock. Their forecasts range from $75.00 to $76.00. On average, they expect Forward Air's share price to reach $75.33 in the next twelve months. This suggests a possible upside of 27.7% 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.

News stories about FWRD stock have been trending very negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Forward Air earned a news sentiment score of -4.0 on InfoTrie's scale. They also gave headlines about the transportation company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for Forward Air.

Forward Air saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 792,400 shares, an increase of 14.4% from the January 30th total of 692,800 shares. Based on an average trading volume of 114,800 shares, the days-to-cover ratio is presently 6.9 days. Approximately 2.9% of the shares of the company 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 many different of institutional and retail 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. View Insider Buying and Selling for Forward Air.

FWRD stock was purchased 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 $59.01.

Forward Air has a market capitalization of $1.66 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]