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

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

Forward Air declared a quarterly dividend on Tuesday, July 23rd. Shareholders of record on Thursday, August 22nd will be given a dividend of $0.18 per share on Friday, September 6th. This represents a $0.72 annualized dividend and a yield of 1.15%. The ex-dividend date is Wednesday, August 21st. View Forward Air's Dividend History.

Forward Air Co. (NASDAQ:FWRD) issued its quarterly earnings results on Thursday, July, 25th. The transportation company reported $0.78 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 analysts' expectations of $348.07 million. Forward Air had a return on equity of 17.18% and a net margin of 6.70%. The company's quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.82 EPS. View Forward Air's Earnings History.

Forward Air is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Forward Air.

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.

Forward Air issued an update on its third quarter earnings guidance on Thursday, July, 25th. The company provided EPS 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.

2 equities research analysts have issued 12-month price objectives for Forward Air's stock. Their forecasts range from $67.00 to $75.00. On average, they expect Forward Air's share price to reach $70.00 in the next year. This suggests a possible upside of 12.2% from the stock's current price. View Analyst Price Targets 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.

Media coverage about FWRD stock has been trending very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Forward Air earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave headlines about the transportation company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Forward Air.

Forward Air saw a decrease in short interest in 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. Approximately 2.8% of the company's stock are short sold. View Forward Air's Current Options Chain.

Some companies that are related to Forward Air include Brink's (BCO), Hub Group (HUBG), Echo Global Logistics (ECHO), CryoPort (CYRX), Roadrunner Transportation Systems (RRTS) and Sino-Global Shipping America (SINO).

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), Walt Disney (DIS), Pfizer (PFE), Square (SQ), UnitedHealth Group (UNH), Applied Materials (AMAT) and Bed Bath & Beyond (BBBY).

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%), Scout Investments Inc. (0.33%), Confluence Investment Management LLC (0.31%) and State of Alaska Department of Revenue (0.08%). 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 Tributary Capital Management LLC and Confluence Investment Management 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.

FWRD stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., State of Alaska Department of Revenue and Dalton Greiner Hartman Maher & Co.. 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 $62.41.

Forward Air has a market capitalization of $1.77 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.

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]