Forward Air Corporation (FWRD)
| Market Cap | 594.17M |
| Revenue (ttm) | 2.55B |
| Net Income (ttm) | -794.03M |
| Shares Out | 30.42M |
| EPS (ttm) | -28.76 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 514,589 |
| Open | 19.78 |
| Previous Close | 19.58 |
| Day's Range | 18.98 - 19.78 |
| 52-Week Range | 9.79 - 40.92 |
| Beta | 1.29 |
| Analysts | Hold |
| Price Target | 27.33 (+39.94%) |
| Earnings Date | Aug 6, 2025 |
About FWRD
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada. It operates through three segments: Expedited Freight, Omni Logistics, 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 seg... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for FWRD stock is "Hold." The 12-month stock price forecast is $27.33, which is an increase of 39.94% from the latest price.
News
Freightos Looks To Scale Platform Transactions with Forward Air Corporation Partnership
Expanded integration on 7LFreight by WebCargo enables digital bookings for LTL and linehaul trucking across North America and Mexico GREENEVILLE, Tenn. and BARCELONA, Spain , June 9, 2025 /PRNewswire/...
Lakeview Announces Intent to Withhold Support for Directors of Forward Air Corp. at Annual Meeting
CHICAGO--(BUSINESS WIRE)--Lakeview Investment Group & Trading Company, LLC (together with its affiliates, “Lakeview”), a meaningful shareholder of Forward Air Corp. (NASDAQ: FWRD) (“Forward Air” or th...
Glass Lewis Joins ISS in Recommending Forward Air Shareholders Vote AGAINST Three Unfit Legacy Directors at 2025 Annual Meeting
CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Comp...
Forward Air Shareholders Recommended to Vote AGAINST Three Unfit Legacy Directors at 2025 Annual Meeting by ISS
CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Comp...
Ancora Releases Presentation Illustrating Why Shareholders Should Vote AGAINST Three Unfit Legacy Directors at 2025 Annual Meeting
CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Comp...
Irenic Expresses Governance Concerns Pertaining to Forward Air Corporation
NEW YORK--(BUSINESS WIRE)--Irenic Capital Management, LP (collectively with its affiliates, “Irenic” or “we”) today issued the below statement regarding Forward Air Corporation (NASDAQ: FWRD) (“Forwar...
Forward Air Corporation (FWRD) Q1 2025 Earnings Call Transcript
Forward Air Corporation (NASDAQ:FWRD) Q1 2025 Results Conference Call May 7, 2025 4:30 PM ET Company Participants Tony Carreno - SVP, Treasury & Investor Relations Shawn Stewart - Chief Executive Off...
Forward Air Corporation Reports First Quarter 2025 Results
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today reported financial results for the three months ended March 31, 2025 a...
Ancora Issues Letter to Forward Air Shareholders Regarding the Need to Vote AGAINST Three Unfit Legacy Directors at 2025 Annual Meeting
CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”) today issued the below letter to shareholders of Forward Air Corporation (NASDAQ: FWRD) (“Forwar...
Forward Air Corporation Provides Select First Quarter 2025 Updates
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “Forward Air”, “we”, “our”, or “us”) today reported preliminary financial results for the three months ended ...
Forward Air Corporation (FWRD) Q4 2024 Earnings Call Transcript
Forward Air Corporation (NASDAQ:FWRD) Q4 2024 Earnings Conference Call February 26, 2025 4:30 PM ET Company Participants Tony Carreno - SVP, Treasury & IR Shawn Stewart - CEO Jamie Pierson - CFO Conf...
Forward Air Corporation Reports Fourth Quarter and Full Year 2024 Results
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “Forward Air”, “we”, “our”, or “us”) today reported financial results for the three and twelve months ended D...
Forward Air Corporation Announces Timing of Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) will release its fourth quarter and full year 2024 earnings after the market closes on Wednesda...
Forward Air Announces Board Review of Strategic Alternatives to Maximize Shareholder Value
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company” or “Forward”) today announced that its Board of Directors has initiated a comprehensive review of strategic al...
Forward Air Releases 2024 Environmental, Social and Governance Report
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward”) announced today the release of its updated Environmental, Social and Governance (ESG) report, providing a detail...
Forward Air Raises $350,000 for Veterans at Annual Drive for Hope Golf Tournament
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) hosted the third annual Drive for Hope Golf Tournament November 11-12 at Chateau Elan Winery & ...
Forward Air Announces New Chief Commercial Officer
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) today announced that Eric Brandt has joined the Company as Chief Commercial Officer to lead its...
Forward Air Corporation (FWRD) Q3 2024 Earnings Call Transcript
Forward Air Corporation (NASDAQ:FWRD) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Tony Carreño - SVP, Treasury and IR Shawn Stewart - CEO Jamie Pierson - CFO Con...
Forward Air Corporation Reports Third Quarter 2024 Results
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three months ended September 30, 2024, as pres...
Forward Air Corporation Announces Timing of Third Quarter 2024 Earnings Release and Conference Call
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) will release its third quarter 2024 earnings after the market closes on Monday, November 4, 202...
Forward Air Corporation Issues Statement
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”) today issued the following statement: The Forward Air Board of Directors and management acknowledge and value...
Alta Fox Calls for Immediate Strategic Review at Forward Air Corporation
DALLAS--(BUSINESS WIRE)--Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”) today issued the following letter to the Board of Directors (the “Board”) of Forward Air Co...
Forward Air Corporation Appoints New Director
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today announced that Jerome Lorrain has been appointed to Forward's Board of...
Activist Ancora joins investors' calls for a strategic review at Forward Air. Here's what may happen next
Ancora joined a chorus of activist investors who are pushing Forward Air for a strategic review.
Ancora Issues Letter to Forward Air Corporation's Board of Directors Regarding the Need to Initiate a Strategic Review Based on Acquirer Interest
CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”) today issued the below open letter to the Board of Directors (the “Board”) of Forward Air Co...