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

$59.01
-1.20 (-1.99 %)
(As of 02/28/2020 04:00 PM ET)
Today's Range
$58.18
Now: $59.01
$59.99
50-Day Range
$59.01
MA: $66.22
$71.19
52-Week Range
$55.06
Now: $59.01
$72.09
Volume244,938 shs
Average Volume142,717 shs
Market Capitalization$1.66 billion
P/E Ratio19.35
Dividend Yield1.20%
Beta1.5
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$1.41 billion
Cash Flow$4.49 per share
Book Value$20.51 per share

Profitability

Net Income$87.10 million

Miscellaneous

Employees5,369
Market Cap$1.66 billion
Next Earnings Date4/22/2020 (Estimated)
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 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.

How were Forward Air's earnings last quarter?

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.

When is Forward Air's next earnings date?

Forward Air is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Forward Air.

What guidance has Forward Air issued on next quarter's earnings?

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.

What price target have analysts set for FWRD?

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.

What is the consensus analysts' recommendation 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.

Has Forward Air been receiving favorable news coverage?

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.

Are investors shorting 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.

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), 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).

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 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.

Which institutional investors are selling Forward Air stock?

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.

Which institutional investors are buying Forward Air stock?

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.

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 $59.01.

How big of a company is Forward Air?

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.

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:  2.0 out of 5 (star star)
Outperform Votes:  283 (Vote Outperform)
Underperform Votes:  437 (Vote Underperform)
Total Votes:  720
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 2/29/2020 by MarketBeat.com Staff

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