Forward Air Corporation (FWRD)
| Market Cap | 2.39B |
| Revenue (ttm) | 1.77B |
| Net Income (ttm) | 137.36M |
| Shares Out | 26.86M |
| EPS (ttm) | 5.02 |
| PE Ratio | 17.72 |
| Forward PE | n/a |
| Dividend | $0.90 (1.01%) |
| Ex-Dividend Date | May 25, 2022 |
| Volume | 37,300 |
| Open | 89.70 |
| Previous Close | 89.21 |
| Day's Range | 87.20 - 89.70 |
| 52-Week Range | 80.56 - 125.71 |
| Beta | 1.16 |
| Analysts | Buy |
| Price Target | 137.90 (+55.0%) |
| Earnings Date | Aug 4, 2022 |
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 final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment also offers expedit... [Read more...]
Financial Performance
In 2021, Forward Air's revenue was $1.66 billion, an increase of 30.94% compared to the previous year's $1.27 billion. Earnings were $105.86 million, an increase of 346.04%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for FWRD stock is "Buy." The 12-month stock price forecast is 137.9, which is an increase of 55.00% from the latest price.
News
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...
Wall Street Analysts Believe Forward Air (FWRD) Could Rally 52%: Here's is How to Trade
The mean of analysts' price targets for Forward Air (FWRD) points to a 51.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analys...
Is Forward Air (FWRD) a Solid Growth Stock? 3 Reasons to Think "Yes"
Forward Air (FWRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
What Makes Forward Air (FWRD) a New Strong Buy Stock
Forward Air (FWRD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Forward Air Provides Mid-Quarter Update on Second Quarter 2022 Performance
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company,” “Forward,” “we,” “our,” or “us”), today provided the following key Expedited Freight Operating Statistics for ...
New Strong Buy Stocks for May 25th
DQ, MEOH, AN, FWRD, and MBUU have been added to the Zacks Rank #1 (Strong Buy) List on May 25, 2022.
Wall Street Analysts Believe Forward Air (FWRD) Could Rally 51%: Here's is How to Trade
The average of price targets set by Wall Street analysts indicates a potential upside of 51.4% in Forward Air (FWRD). While the effectiveness of this highly sought-after metric is questionable, the posi...
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.
Forward Air adds West Coast intermodal drayage provider
Forward Air announced Monday the acquisition of intermodal drayage company Edgmon Trucking. Located in Kent, Washington, Edgmon serves the ports of Seattle and Tacoma, operating a 5-acre facility in Ken...
Forward Air Acquires Edgmon Trucking to Grow West Coast Intermodal Drayage Operations
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 the ongo...
5 Stocks Bucking the Market Trend
Stock prices that beat the market are definitely worth a closer look.
Will Forward Air (FWRD) Gain on Rising Earnings Estimates?
Forward Air (FWRD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Forward Air to hit 2023 EPS target a year early
Management from Forward Air said Thursday that March was the best month in the company's history, with its less-than-truckload segment experiencing three of the highest tonnage weeks on record. The comm...
Forward Air (FWRD) Q1 Earnings and Revenues Surpass Estimates
Forward Air (FWRD) delivered earnings and revenue surprises of 3.29% and 2.95%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Forward Air Corporation Reports First Quarter 2022 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 March 31, 2022 as presented i...
Forward Air (FWRD) is an Incredible Growth Stock: 3 Reasons Why
Forward Air (FWRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Forward Air's stock rallies toward 5th-straight gain after raising profit, revenue outlook
Shares of Forward Air Corp. FWRD, +1.27% jumped 1.5% in morning trading Monday, putting them on track for a fifth-straight gain, after the trucker raised its first-quarter profit and revenue outlook, ci...
Forward Air Announces Opening of New Support Center in Columbus
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) today announced the grand opening of its expanded Columbus (CMH) Support Center. The new Support ...
Forward Air Corporation Announces Timing of First Quarter 2022 Earnings Release and Conference Call
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) will release its first quarter 2022 earnings after the market closes on Wednesday, April 27, 2022 and hold a conference call to...
Scoop Up 3 Trucking Stocks With Dividend Hikes to Aid Portfolio
J.B. Hunt Transport (JBHT), Old Dominion (ODFL) and Forward Air (FWRD) should be attractive picks given their dividend-paying ability.
Newsweek Names Forward Air as One of the Most Trusted Companies in America
Forward Air Ranked #3 Most Trusted Transport, Logistics, & Packaging Company GREENEVILLE, Tenn. , March 31, 2022 /PRNewswire/ -- Forward Air Corporation (NASDAQ: FWRD) (the "Company" or "Forward") was r...
4 Top Trucking Stocks to Gain From Strong Freight Demand
Strong freight demand and higher rates favor the Zacks Transportation - Truck industry's near-term prospects. Amid this positivity, ODFL, FWRD, ARCB and USAK are poised for growth.
How Forward Air (FWRD) Stock Stands Out in a Strong Industry
Forward Air (FWRD) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Forward Air Provides Mid-Quarter Update on First Quarter 2022 Performance
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today provided the following key Expedited Freight Operating Statistics for t...
Forward Air Chief Commercial Officer Named a 2022 Georgia Titan 100
ATLANTA, March 2, 2022 /PRNewswire/ -- Forward Air Corporation (NASDAQ: FWRD) (the "Company", "Forward", "we", "our", or "us") is pleased to announce that its Chief Commercial Officer, Scott Schara, has...