FWRD
Forward Air Corporation
Set alert
- YTD
- -29.52%
- 1 year
- -5.62%
- Open
- 17.75
- Prev close
- 17.87
- Mkt cap
- 595.22M
- Vol
- 441.75K
- Avg vol
- 500.64K
- EPS
- -8.92
- P/E
- 0.00
- Div yield
- 2.75%
More statistics
- Low
- 17.25
- High
- 18.35
- Forward P/E
- 105.44
- Beta
- 1.02
- Short ratio
- 6.11
- Inst. own
- 115.22%
- Dividend
- 0.96
- Ex-div date
- Nov 20, 2023
- 50-d avg
- 35.30
- 200-d avg
- 28.01
- 1y target
- 35.49
Key statistics
- Market cap
- 824.33M
- Enterprise value
- 2.90B
- Trailing P/E
- 0.00
- Forward P/E
- 105.44
- PEG ratio
- 0.00
- Price / sales
- 0.38
- Price / book
- 3.61
- EPS (TTM)
- -29.29
- Beta
- 1.02
- Dividend yield
- 2.75%
- Payout ratio
- 58.54%
- Profit margin
- -31.14%
- Revenue (TTM)
- 2.18B
- Revenue growth
- 92.40%
- Free cash flow
- 85.27M
- Total cash
- 136.62M
- Total debt
- 2.09B
- Return on equity
- -220.35%
- Shares outstanding
- 28.95M
- Short % of float
- 17.80%
- 50-day average
- 35.30
- 200-day average
- 28.01
Analyst view
Consensus: none
- Target (low)
- 30.94
- Target (mean)
- 35.49
- Target (high)
- 45.00
- Strong buy0
- Buy2
- Hold6
- Sell0
- Strong sell0
Next earnings
Consensus EPS estimate -0.1425.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 4, 2024 | Sep 1, 2024 | -0.05 | -1.71 | -1.66 | -3,320.00% |
| Aug 7, 2024 | Jun 1, 2024 | -0.07 | -23.29 | -23.22 | -33,171.43% |
| May 8, 2024 | Mar 1, 2024 | -0.15 | -0.64 | -0.49 | -326.67% |
| Feb 28, 2024 | Dec 1, 2023 | 0.97 | 0.81 | -0.16 | -16.49% |
| Oct 30, 2023 | Sep 1, 2023 | 1.10 | 0.99 | -0.11 | -10.00% |
| Aug 2, 2023 | Jun 1, 2023 | 1.28 | 0.91 | -0.37 | -28.91% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 21, 2024 | Stifel | main | Hold | Hold |
| Aug 12, 2024 | Benchmark | reit | — | Hold |
| Aug 8, 2024 | Baird | main | Neutral | Neutral |
| Jul 3, 2024 | Baird | main | Neutral | Neutral |
| May 28, 2024 | Wolfe Research | up | Underperform | Peer Perform |
| May 10, 2024 | Baird | main | Neutral | Neutral |
About Forward Air Corporation
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 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.
- Sector
- Industrials
- Industry
- Integrated Freight & Logistics
- Country
- United States
- Website
- forwardaircorp.com
News
- Forward Air Announces Two-Year Definitive Agreement to Retain Significant Portion of Previously Disclosed Customer Relationship
- Forward Air Corporation (NASDAQ:FWRD) Stock Has Consensus Price Target of $24.50
- Stifel Maintains Buy on Forward Air, Lowers Price Target to $24
- Under the Radar: 3 Unlikely Stocks With 10-Bagger Potential
- Susquehanna Maintains Positive on Forward Air, Lowers Price Target to $25
- Forward's 5th Annual Drive for Hope Golf Tournament Raises Record-Breaking $700,000 for Hope For The Warriors
- Forward Air Corporation (NASDAQ:FWRD) Stock Now Rated “Hold” by Sell-Side Brokerages
- Forward Air (NASDAQ:FWRD) & Cargojet (OTCMKTS:CGJTF) Head to Head Survey
- Bank of America Corp DE Has $5.20 Million Stock Position in Forward Air Corporation $FWRD
- Deutsche Bank AG Acquires New Shares in Forward Air Corporation $FWRD
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BOYLES DALE W | Director | Stock Award(Grant) | Jun 3, 2024 | 6,963 |
| CARLOCK RONALD CRAIG | Director | Stock Award(Grant) | Oct 14, 2024 | 23,513 |
| FAUGHT JAMES R. | Officer | Stock Award(Grant) | Jun 27, 2024 | 3,151 |
| GORJANC CHRISTINE MARIE | Director | Stock Award(Grant) | Jun 3, 2024 | 6,963 |
| HODGE MICHAEL B | Director | Conversion of Exercise of derivative security | Aug 1, 2024 | 0 |
| PIERSON JAMIE G | Chief Financial Officer | Stock Award(Grant) | Jul 2, 2024 | 48,651 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Clearlake Capital Group, LP | 13.21% | 3,825,000 | 108.90M | Sep 29, 2024 |
| Blackrock Inc. | 11.52% | 3,335,521 | 94.96M | Sep 29, 2024 |
| Vanguard Group Inc | 7.12% | 2,062,974 | 58.73M | Sep 29, 2024 |
| Ridgemont Partners Management, LLC | 6.60% | 1,910,615 | 54.40M | Sep 29, 2024 |
| Littlejohn & Co LLC | 5.75% | 1,665,660 | 47.42M | Sep 29, 2024 |
| Scopus Asset Management, LLC | 4.49% | 1,300,495 | 37.03M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Core S&P Smallcap ETF | 4.19% | 1,212,247 | 34.51M | Oct 30, 2024 |
| Vanguard Total Stock Market Index Fund | 2.68% | 776,689 | 22.11M | Sep 29, 2024 |
| SRH Total Return Fund, Inc. | 2.59% | 750,000 | 21.35M | Aug 30, 2024 |
| iShares Russell 2000 ETF | 2.22% | 641,413 | 18.26M | Oct 30, 2024 |
| Federated Hermes MDT Small Cap Core Fund | 1.58% | 456,502 | 13.00M | Jul 30, 2024 |
| Schwab Strategic Tr-Schwab Fundamental U.S. Small Company Index ETF | 1.09% | 315,848 | 8.99M | Aug 30, 2024 |