Forward Air Corporation (FWRD)
| Market Cap | 2.36B |
| Revenue (ttm) | 1.47B |
| Net Income (ttm) | 54.06M |
| Shares Out | 27.10M |
| EPS (ttm) | 1.96 |
| PE Ratio | 44.09 |
| Forward PE | n/a |
| Dividend | $0.81 (0.94%) |
| Ex-Dividend Date | Aug 19, 2021 |
| Volume | 53,581 |
| Open | 86.28 |
| Previous Close | 85.57 |
| Day's Range | 85.88 - 87.42 |
| 52-Week Range | 53.08 - 100.46 |
| Beta | 1.14 |
| Analysts | Buy |
| Price Target | 108.20 (+25.1%) |
| Est. Earnings Date | Oct 28, 2021 |
About FWRD
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. The company operates through 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 final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. It also offers exp...
Financial Performance
In 2020, Forward Air's revenue was $1.27 billion, an increase of 4.48% compared to the previous year's $1.22 billion. Earnings were $23.73 million, a decrease of -72.75%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for Forward Air stock is "Buy." The 12-month stock price forecast is 108.20, which is an increase of 25.09% from the latest price.
News
Looking for a Growth Stock? 3 Reasons Why Forward Air (FWRD) is a Solid Choice
Forward Air (FWRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Surging Earnings Estimates Signal Upside for Forward Air (FWRD) Stock
Forward Air (FWRD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Looking for a Growth Stock? 3 Reasons Why Forward Air (FWRD) is a Solid Choice
Forward Air (FWRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
New Strong Buy Stocks for August 6th
TMST, BP, ESEA, WWW, and FWRD have been added to the Zacks Rank #1 (Strong Buy) List on August 6, 2021.
Forward Air (FWRD) Q2 Earnings and Revenues Beat Estimates
Forward Air (FWRD) delivered earnings and revenue surprises of 19.35% and 7.62%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Forward Air sets quarterly financial records, sees record volumes in Q3
In a record-setting quarter, Forward Air reported net income from continuing operations of $1.11 per share Thursday after market close, easily exceeding the consensus estimate of 96 cents and 78 cents h...
Forward Air Corporation Reports Second Quarter 2021 Results
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three and six months ended June 30, 2021 as pres...
3 Reasons Growth Investors Will Love Forward Air (FWRD)
Forward Air (FWRD) could produce exceptional returns because of its solid growth attributes.
Forward Air (FWRD) Earnings Expected to Grow: Should You Buy?
Forward Air (FWRD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Forward Air Corporation Announces New LTL Service Offering in Vancouver
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongo...
Forward Air (FWRD) Upgraded to Strong Buy: Here's Why
Forward Air (FWRD) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Forward Air Corporation Announces Timing of Second Quarter 2021 Earnings Release and Conference Call
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) will release its second quarter 2021 earnings after the market closes on Thursday, July 29, 2021 and hold a conference call to ...
Forward Named #1 Expedited Carrier By Transport Topics
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongo...
Forward Air names recently hired Rebecca Garbrick to CFO role
Asset-light trucking and logistics provider Forward Air (NASDAQ: FWRD) announced Friday that Rebecca Garbrick will become the company's CFO and treasurer effective July 4. Garbrick joined Forward in Nov...
Forward Announces New Chief Financial Officer
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongo...
Forward Air Corporation Announces Expanded LTL Service Offering In Spokane, WA
GREENEVILLE, Tenn., June 14, 2021 /PRNewswire/ -- Forward Air Corporation (NASDAQ: FWRD) (the "Company" or "Forward") is executing a growth strategy that involves organic infrastructure investments, suc...
Forward Air Announces New Destination-Based Compensation Increase for Fleet Partners
GREENEVILLE, Tenn., June 8, 2021 /PRNewswire/ -- Forward Air Corporation (NASDAQ: FWRD) (the "Company" or "Forward") is executing a growth strategy that involves organic infrastructure investments such ...
7 Transportation Stocks That Are Keeping the Economy Flowing
Economists are predicting a post-pandemic boom with consumers opening their wallets, and transportation stocks will benefit. The post 7 Transportation Stocks That Are Keeping the Economy Flowing appeare...
Aflac Among Today's Top Buys As Investors Overlook Disappointing Inflation Data
The Dow Jones rose 220 points, the S&P 500 jumped 0.8%, and the Nasdaq popped 1.2%. Make the most of this market with today's top buys from Q.ai's artificial intelligence.
Forward Air Corporation Announces New LTL Service in Wichita, KS
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongo...
Why Forward Air's Stock Is Moving
Forward Air Corporation (NASDAQ:FWRD) shares are trading higher by 5.4% at $93.03 after Raymond James upgraded the stock from Outperform to Strong Buy and raised its price target from $100 to $120. Forw...
Forward Air sees more ‘double-doubles' as company returns to form
On a call with analysts Friday, management from Forward Air (NASDAQ: FWRD) laid out some margin targets after posting a first-quarter earnings beat and issuing guidance well ahead of expectations. Thurs...
Forward Air (FWRD) Q1 Earnings and Revenues Beat Estimates
Forward Air (FWRD) delivered earnings and revenue surprises of 7.14% and 6.10%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?