Forward Air Corporation (FWRD)

Market Cap	378.60M
Revenue (ttm)	1.49B
Net Income (ttm)	69.27M
Shares Out	26.44M
EPS (ttm)	2.22
PE Ratio	6.43
Forward PE	19.10
Dividend	$0.72 (5.04%)
Ex-Dividend Date	Nov 21, 2023

Volume	1,177,829
Open	15.43
Previous Close	15.40
Day's Range	14.26 - 15.50
52-Week Range	12.85 - 121.38
Beta	1.06
Analysts	Hold
Price Target	68.17 (+377.38%)
Earnings Date	May 8, 2024

About FWRD

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in 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 shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment offers expedited truckload brokerage, dedi...

• Industry: Integrated Freight & Logistics
• Sector: Industrials
• IPO Date: Nov 16, 1993
• Employees: 4,014
• Stock Exchange: NASDAQ
• Ticker Symbol: FWRD

Financial Performance

In 2023, Forward Air's revenue was $1.37 billion, a decrease of -18.39% compared to the previous year's $1.68 billion. Earnings were $167.35 million, a decrease of -13.38%.

Analyst Forecast

According to 8 analysts, the average rating for FWRD stock is "Hold." The 12-month stock price forecast is $68.17, which is an increase of 377.38% from the latest price.

Price Target

$68.17

(377.38% upside)

Analyst Consensus: Hold