Forward Air Corporation (FWRD)
| Market Cap | 2.60B |
| Revenue (ttm) | 1.33B |
| Net Income (ttm) | 26.54M |
| Shares Out | 27.32M |
| EPS (ttm) | 0.94 |
| PE Ratio | 101.78 |
| Forward PE | n/a |
| Dividend | $0.78 |
| Dividend Yield | 0.82% |
| Trading Day | May 13 |
| Last Price | $95.37 |
| Previous Close | $92.24 |
| Change ($) | 3.13 |
| Change (%) | 3.39% |
| Day's Open | 92.50 |
| Day's Range | 91.99 - 96.15 |
| Day's Volume | 116,384 |
| 52-Week Range | 40.26 - 100.93 |
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 (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...
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) 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?
Forward Air (NASDAQ: FWRD) announced Wednesday that it will acquire J&P Hall Express, a privately held, expedited transportation provider. The deal is expected to expand Forward's regional less-than-tru...
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 (NASDAQ:FWRD) releases its next round of earnings this Thursday, April 29. Get the latest predictions in Benzinga's essential guide to the company's Q1 earnings report.
Forward Air (FWRD) doesn't possess 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 (NASDAQ: FWRD) announced that it added 11 final-mile terminal locations during the first quarter of 2021. The Monday press release said of the new “Forward Final Mile” additions, eight were ...
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...
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) will release its first quarter 2021 earnings after the market closes on Thursday, April 29, 2021 and hold a conference call to ...
Asset-light trucking and logistics provider Forward Air (NASDAQ: FWRD) announced Friday the largest per-mile rate increase in company history for the independent contractor fleet in its less-than-truckl...
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...
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...
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...
An activist investor group led by Ancora Advisors has effected change to five seats on asset-light trucking and logistics company Forward Air's (NASDAQ: FWRD) board. Forward announced Monday after the m...
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or “the Company”) today announced that it has appointed five independent and highly qualified directors to its ...
The activist investor group seeking changes at asset-light trucking and logistics company Forward Air (NASDAQ: FWRD) issued another letter to shareholders Tuesday. The group provided its summary on Forw...
CLEVELAND--(BUSINESS WIRE)--Ancora Holdings, Inc. (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (“Forward Air” or the “Company”) (NASDAQ:FWRD), w...
GREENEVILLE, Tenn.--(BUSINESS WIRE)--First paragraph, second sentence of release dated February 12, 2021 should read: Forward today announced the sale of its Pool Distribution business to Ten Oaks Group...
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...
Following scrutiny from an activist investor group, which includes the company's founder and former CFO, management at asset-light trucking and logistics company Forward Air (NASDAQ: FWRD) doubled down ...
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) delivered earnings and revenue surprises of -24.66% and -16.14%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
GREENEVILLE, Tenn--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three and twelve months ended December 31, 2020 a...
In an open letter to shareholders on Wednesday, activist investor Ancora Advisors announced that it has nominated four candidates for election to the board of asset-light trucking and logistics company ...
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company” or “Forward”) today confirmed that Ancora Advisors (“Ancora”) has submitted a nomination notice for four candida...
CLEVELAND--(BUSINESS WIRE)--Ancora Holdings, Inc. (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (“Forward Air” or the “Company”) (NASDAQ: FWRD), ...
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Forward Air (FWRD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Forward Air (NASDAQ: FWRD) announced Monday a 6% general rate increase on all shipments “to offset rising operating costs.” The Greeneville, Tennessee-based expedited trucking company said the increas...
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 ongoin...
FreightWaves had a chance to talk with Andy Clarke, one of the activist investors looking to reshuffle the deck at expedited trucking company Forward Air (NASDAQ: FWRD). Clarke has held leadership roles...
Forward Air Corporation Announces Timing of Fourth Quarter 2020 Earnings Release and Conference Call
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) will release its fourth quarter 2020 earnings after the market closes on Thursday, February 11, 2021 and hold a conference call...
The ransomware attack on Forward Air (NASDAQ: FWRD) in December served as an unusually visible reminder of what hackers can do to a trucking and logistics company. They can disrupt the movement of freig...
A group of investors is looking to shake things up at expedited trucking company Forward Air (NASDAQ: FWRD), according to filings with the U.S. Securities and Exchange Commission. Cleveland-based Ancora...
Several weeks before it got hit by a ransomware attack, Forward Air (NASDAQ: FWRD) did a “comprehensive roleplay” to prepare for a company disaster. The event they were preparing for?
Forward Air Corp. (NASDAQ:FWRD) was targeted by a ransomware attack last week and warned that it may defer or lose revenue as a result, the Tennessee-based trucking and logistics firm disclosed in a Sec...
An “IT security incident” at Tennessee-based transportation and logistics firm Forward Air Corp. (NASDAQ:FWRD) likely resulted from a cyberattack, possibly one involving ransomware, experts told Freight...
The Daily Dash is a quick look at what is happening in the freight ecosystem. In today's edition, Pfizer has started shipping its COVID vaccine and UPS and FedEx are heavily involved, but another trucki...
Logistics stocks are set to benefit from the continued rise in online sales, which calls for investing in stocks like Forward Air (FWRD), United Parcel Service (UPS) and Echo Global (ECHO).
Forward Air (NASDAQ: FWRD) announced Monday further expansion of its non-airport less-than-truckload network. The Greeneville, Tennessee-based company will now offer its expedited LTL service in Califor...
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 ongoi...
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 ongoi...
Forward Air (FWRD) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
As of late, it has definitely been a great time to be an investor in Forward Air Corporation (FWRD).
Making good on a promise to add a “handful” of traditional less-than-truckload (LTL) terminals to the network this year, Forward Air (NASDAQ: FWRD) announced Monday that it has rolled out expedited serv...
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 ongoi...
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... [Read more...]
| Industry Integrated Freight & Logistics | IPO Date Nov 16, 1993 |
| Stock Exchange NASDAQ | Ticker Symbol FWRD |
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%.
Analyst Forecasts
According to 6 analysts, the average rating for Forward Air stock is "Buy." The 12-month stock price forecast is 104.40, which is an increase of 9.47% from the latest price.