NASDAQ:FWRD Forward Air (FWRD) Stock Price, News & Analysis $40.16 +2.33 (+6.16%) (As of 10/17/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Forward Air Stock (NASDAQ:FWRD) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Forward Air alerts:Sign Up Key Stats Today's Range$36.23▼$40.3450-Day Range$24.76▼$40.1652-Week Range$11.21▼$77.55Volume1.98 million shsAverage Volume1.03 million shsMarket Capitalization$1.06 billionP/E RatioN/ADividend YieldN/APrice Target$51.00Consensus RatingHold Company OverviewForward 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, dedicated fleet, and high security and temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.Read More… This Bull Market Indicator called NVDA at $116 (Ad)Every now and again we find an investment idea so incredible we can’t help but share. And today is one of those rare days… Except, today we won't be giving you insight on any one particular stock… But rather, insight on a revolutionary new stock picking indicator… In fact, within the last year, this indicator has become famous for a multitude of reasons… But one of the biggest was because of the buy signal it issued on October 18th, 2022. In fact, on that very day, it said to buy NVDA at $116.37… Anyone who did would be sitting on a tremendously large return today… But even if you missed the original buy signal from October, this incredible indicator issued 11 other buy signals while Nvidia made its epic run…All you have to do is follow this link here Forward Air Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks54th Percentile Overall ScoreFWRD MarketRank™: Forward Air scored higher than 54% of companies evaluated by MarketBeat, and ranked 82nd out of 123 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.1 / 5Analyst RatingHold Consensus RatingForward Air has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageForward Air has only been the subject of 2 research reports in the past 90 days.Read more about Forward Air's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Forward Air are expected to grow in the coming year, from ($1.01) to $0.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Forward Air is -1.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Forward Air is -1.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioForward Air has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Forward Air's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted21.52% of the float of Forward Air has been sold short.Short Interest Ratio / Days to CoverForward Air has a short interest ratio ("days to cover") of 4.8.Change versus previous monthShort interest in Forward Air has recently decreased by 16.33%, indicating that investor sentiment is improving significantly. Dividend0.8 / 5Dividend StrengthWeak Dividend YieldForward Air does not currently pay a dividend.Dividend GrowthForward Air does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Forward Air is 28.07%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Forward Air will have a dividend payout ratio of 208.70% in the coming year. This indicates that Forward Air may not be able to sustain their current dividend.Read more about Forward Air's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted21.52% of the float of Forward Air has been sold short.Short Interest Ratio / Days to CoverForward Air has a short interest ratio ("days to cover") of 4.8.Change versus previous monthShort interest in Forward Air has recently decreased by 16.33%, indicating that investor sentiment is improving significantly. News and Social Media2.3 / 5News Sentiment1.10 News SentimentForward Air has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Forward Air this week, compared to 5 articles on an average week.Search InterestOnly 4 people have searched for FWRD on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Forward Air to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Forward Air insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.70% of the stock of Forward Air is held by insiders.Percentage Held by Institutions97.03% of the stock of Forward Air is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Forward Air's insider trading history. Receive FWRD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Forward Air and its competitors with MarketBeat's FREE daily newsletter. Email Address FWRD Stock News HeadlinesForward Air spiked into close after report of formal sales processOctober 17 at 8:26 PM | msn.comThis Could’ve Changed Air Travel ForeverOctober 14, 2024 | msn.comIf you missed the last crypto boom, you have to see thisA massive regulatory move is expected in the very near future… That could send a specific few cryptos soaring. And while the crypto market is highly volatile… and we can’t promise against losses or guarantee future returns…. We see this as THE BIGGEST opportunity in the crypto market in many years. The first crypto revolution started with Bitcoin… and a few savvy traders had a shot at absolutely outrageous 14,510% gains or moreOctober 18, 2024 | DTI (Ad)Forward Air (NASDAQ:FWRD) Shares Gap Down - Should You Sell?October 10, 2024 | americanbankingnews.comForward Air Corp (FWRD) Q2 2024 Earnings Call Highlights: Navigating Growth and Challenges ...October 9, 2024 | finance.yahoo.comForward Air (NASDAQ:FWRD) Trading Up 4.1% - What's Next?October 9, 2024 | americanbankingnews.comWhy Forward Air Stock Soared TodayOctober 7, 2024 | fool.comForward Air Corporation Issues StatementOctober 7, 2024 | businesswire.comSee More Headlines FWRD Stock Analysis - Frequently Asked Questions How have FWRD shares performed this year? Forward Air's stock was trading at $62.87 at the beginning of 2024. Since then, FWRD shares have decreased by 36.1% and is now trading at $40.16. View the best growth stocks for 2024 here. How were Forward Air's earnings last quarter? Forward Air Co. (NASDAQ:FWRD) released its earnings results on Wednesday, August, 7th. The transportation company reported ($23.29) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.18) by $23.11. The business's revenue was up 92.9% compared to the same quarter last year. Does Forward Air have any subsidiaries? Forward Air subsidiaries include these companies: Atlantic Trucking Company, CLP Towne, Central States Logistics, Central States Trucking, Total Quality, Service Express, Pinch Holdings, and others. Who are Forward Air's major shareholders? Top institutional shareholders of Forward Air include Creative Planning (0.07%), Inspire Investing LLC (0.04%), Naviter Wealth LLC (0.04%) and Bfsg LLC (0.03%). Insiders that own company stock include Thomas Schmitt, Michael L Hance, Chris C Ruble, Kyle R Mitchin, Laurie Anne Tucker, Nancee L Ronning and Javier Polit. View institutional ownership trends. How do I buy shares of Forward Air? Shares of FWRD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Forward Air own? Based on aggregate information from My MarketBeat watchlists, some other companies that Forward Air investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Tesla (TSLA), Netflix (NFLX) and Adobe (ADBE). Company Calendar Last Earnings8/07/2024Today10/17/2024Next Earnings (Estimated)11/04/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Freight transportation arrangement Sub-IndustryAir Freight & Logistics Current SymbolNASDAQ:FWRD CUSIP34985310 CIK912728 Webwww.forwardair.com Phone(423) 636-7000Fax423-783-9019Employees4,251Year Founded1993Price Target and Rating Average Stock Price Target$51.00 High Stock Price Target$75.00 Low Stock Price Target$24.00 Potential Upside/Downside+27.0%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$3.42 Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$167.35 million Net Margins-30.77% Pretax Margin-65.06% Return on Equity-79.11% Return on Assets-22.09% Debt Debt-to-Equity Ratio4.70 Current Ratio1.33 Quick Ratio1.33 Sales & Book Value Annual Sales$1.86 billion Price / Sales0.57 Cash Flow$6.91 per share Price / Cash Flow5.81 Book Value$29.74 per share Price / Book1.35Miscellaneous Outstanding Shares26,438,000Free Float26,398,000Market Cap$1.06 billion OptionableOptionable Beta1.02 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report This page (NASDAQ:FWRD) was last updated on 10/18/2024 by MarketBeat.com Staff From Our PartnersDon’t Buy Another Stock Until Reading This…Buying stocks in today's market is a gamble… Unless you're using the right proven strategy! During my up...Unstoppable Prosperity | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredEx WH Advisor Who Predicted Biden Leaving Race Makes Startling New PredictionFormer advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… ...Paradigm Press | Sponsored320 hedge funds just sold this stock320 hedge funds just sold this stock A strange force has seized control of Wall Street. Hedge funds are alr...Chaikin Analytics | SponsoredCrypto’s next big bull run?Juan Villaverde may be America’s top crypto expert. 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