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 Tuesday, October 22nd. Shareholders of record on Thursday, November 21st will be paid a dividend of $0.18 per share on Friday, December 6th. This represents a $0.72 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend is Wednesday, November 20th. View Forward Air's Dividend History.

Forward Air Co. (NASDAQ:FWRD) released its quarterly earnings results on Thursday, October, 24th. The transportation company reported $0.78 EPS for the quarter, meeting the Zacks' consensus estimate of $0.78. The transportation company had revenue of $361.70 million for the quarter, compared to analysts' expectations of $354.91 million. Forward Air had a net margin of 6.54% and a return on equity of 17.06%. Forward Air's revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.76 earnings per share. View Forward Air's Earnings History.

Forward Air is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Forward Air.

Forward Air will be holding an earnings conference call on Thursday, February 6th 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 fourth quarter earnings guidance on Thursday, October, 24th. The company provided earnings per share (EPS) guidance of $0.90-0.94 for the period, compared to the Thomson Reuters consensus estimate of $0.91. The company issued revenue guidance of 6-10% (Approx $377-391 million), compared to the consensus revenue estimate of $379.19 million.

2 analysts have issued 1 year target prices for Forward Air's shares. Their forecasts range from $75.00 to $75.00. On average, they expect Forward Air's stock price to reach $75.00 in the next twelve months. This suggests a possible upside of 5.4% 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Forward Air.

News headlines about FWRD stock have been trending somewhat negative on Sunday, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by monitoring 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 nearest to five being the most favorable. Forward Air earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned media coverage about the transportation company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Forward Air.

Forward Air saw a increase in short interest in December. As of December 31st, there was short interest totalling 673,000 shares, an increase of 5.1% from the December 15th total of 640,600 shares. Based on an average trading volume of 125,200 shares, the days-to-cover ratio is currently 5.4 days. Approximately 2.4% of the company's stock are sold short. 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), CVS Health (CVS), Walt Disney (DIS), Applied Materials (AMAT), Cisco Systems (CSCO), Home Depot (HD), Mcdonald's (MCD), AT&T (T), UnitedHealth Group (UNH) and AbbVie (ABBV).

Forward Air's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Tributary Capital Management LLC (1.45%), Boston Trust Walden Corp (1.10%), Dalton Greiner Hartman Maher & Co. (0.72%), Scout Investments Inc. (0.33%), First National Bank of Omaha (0.13%) 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 Dalton Greiner Hartman Maher & Co., Tributary Capital Management LLC, Louisiana State Employees Retirement System, Scout Investments Inc. and State of Alaska Department of Revenue. Company insiders that have sold Forward Air company stock in the last year include Bruce A Campbell, Chris C Ruble and Glenn A Adelaar. View Insider Buying and Selling for Forward Air.

FWRD stock was purchased by a variety of institutional investors in the last quarter, including Private Trust Co. NA, Boston Trust Walden Corp, First National Bank of Omaha and Huntington National Bank. 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 $71.19.

Forward Air has a market capitalization of $2.01 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]