
Forward Air Corporation is an integrated freight & logistics business based in the US. Forward Air Corporation shares (FWRD) are listed on the NASDAQ and all prices are listed in US Dollars. Forward Air Corporation employs 4,035 staff and has a trailing 12-month revenue of around $2 billion.
How to buy Forward Air Corporation stock
- Open a stock trading account. Use our comparison table or choose from our Top Picks.
- Confirm your payment details. Fund your account with a bank transfer, debit card or credit card and take advantage of any signup bonuses.
- Search for the stock by name or ticker symbol – FWRD. It's that simple.
SoFi Invest
- Trade stocks for $0 and no annual fee
- Start trading with a $0 minimum deposit
- Get up to $1,000 when you fund a new account within 30 days
tastyworks
- $0 commissions on stocks and ETFs
- $0 closing commissions on stock and ETF options
- Get $200 in US stocks when you open and fund an account with min. $2,000 for 3+ mos.
What's in this guide?
- FWRD shares summary
- Compare share dealing platforms
- Is FWRD stock a buy or sell?
- Stock performance over time
- Are FWRD shares over-valued?
- Forward Air Corporation's financials
- How volatile are FWRD shares?
- Does Forward Air Corporation pay a dividend?
- Have FWRD shares ever split?
- Other common questions
Forward Air Corporation stock price (NASDAQ: FWRD)
Use our graph to track the performance of FWRD stocks over time.Forward Air Corporation shares at a glance
Latest market close | $105.42 |
---|---|
52-week range | $83.67 - $117.31 |
50-day moving average | $106.84 |
200-day moving average | $99.01 |
Wall St. target price | $121.67 |
PE ratio | 15.1604 |
Dividend yield | $0.93 (0.92%) |
Earnings per share (TTM) | $6.92 |
Buy Forward Air Corporation stocks from these brokerages
Compare special offers, low fees and a wide range of types of investments among top trading platforms.*Signup bonus information updated weekly.
Information on this page is for educational purposes only. Finder is not an advisor or brokerage service, and we don't recommend investors to trade specific stocks or other investments.
Finder is not a client of any featured partner. We may be paid a fee for referring prospective clients to a partner, though it is not a recommendation to invest in any one partner.
Is it a good time to buy Forward Air Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Forward Air Corporation price performance over time
Historical closes compared with the close of $105.42 from 2023-01-25
1 week (2023-01-18) | 4.85% |
---|---|
1 month (2022-12-22) | N/A |
3 months (2022-10-26) | 2.35% |
6 months (2022-07-26) | 10.30% |
1 year (2022-01-26) | 1.00% |
---|---|
2 years (2021-01-26) | 33.92% |
3 years (2020-01-24) | 53.97% |
5 years (2018-01-26) | 69.57% |
Is Forward Air Corporation stock undervalued or overvalued?
Valuing Forward Air Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Forward Air Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Forward Air Corporation's P/E ratio
Forward Air Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Forward Air Corporation shares trade at around 15x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Forward Air Corporation's PEG ratio
Forward Air Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.01. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Forward Air Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Forward Air Corporation's EBITDA
Forward Air Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $300.6 million.
The EBITDA is a measure of a Forward Air Corporation's overall financial performance and is widely used to measure a its profitability.
Forward Air Corporation financials
Revenue TTM | $2 billion |
---|---|
Operating margin TTM | 13.14% |
Gross profit TTM | $404.9 million |
Return on assets TTM | 14.21% |
Return on equity TTM | 30.44% |
Profit margin | 9.77% |
Book value | $25.68 |
Market capitalisation | $2.8 billion |
TTM: trailing 12 months
Forward Air Corporation share dividends
Dividend payout ratio: 13.83% of net profits
Recently Forward Air Corporation has paid out, on average, around 13.83% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.92% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Forward Air Corporation shareholders could enjoy a 0.92% return on their shares, in the form of dividend payments. In Forward Air Corporation's case, that would currently equate to about $0.93 per share.
While Forward Air Corporation's payout ratio might seem low, this can signify that Forward Air Corporation is investing more in its future growth.
Forward Air Corporation's most recent dividend payout was on 8 December 2022. The latest dividend was paid out to all shareholders who bought their shares by 22 November 2022 (the "ex-dividend date").
Have Forward Air Corporation's shares ever split?
Forward Air Corporation's shares were split on a 3:2 basis on 4 April 2005. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Forward Air Corporation shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Forward Air Corporation shares which in turn could have impacted Forward Air Corporation's share price.
Forward Air Corporation share price volatility
Over the last 12 months, Forward Air Corporation's shares have ranged in value from as little as $83.6721 up to $117.3134. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Forward Air Corporation's is 1.1591. This would suggest that Forward Air Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Forward Air Corporation overview
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 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.
Forward Air Corporation in the news
Forward Air Corporation Announces Timing of Fourth Quarter 2022 Earnings Release and Conference Call
Is Forward Air Corporation's (NASDAQ:FWRD) Stock's Recent Performance A Reflection Of Its Financial Health?
Forward Air Raises $12,000 for Hope For The Warriors in Veterans Fund Raising Campaign
Frequently asked questions
What percentage of Forward Air Corporation is owned by insiders or institutions?Currently 0.781% of Forward Air Corporation shares are held by insiders and 101.683% by institutions. How many people work for Forward Air Corporation?
Latest data suggests 4,035 work at Forward Air Corporation. When does the fiscal year end for Forward Air Corporation?
Forward Air Corporation's fiscal year ends in December. Where is Forward Air Corporation based?
Forward Air Corporation's address is: Building N, Greeneville, TN, United States, 37745 What is Forward Air Corporation's ISIN number?
Forward Air Corporation's international securities identification number is: US3498531017 What is Forward Air Corporation's CUSIP number?
Forward Air Corporation's Committee on Uniform Securities Identification Procedures number is: 514759109
More guides on Finder
-
How to invest in the S&P 500
What you need to know about investing in the leading indicator for the overall US stock market.
-
How to buy IPO stock
Buying an IPO is as simple as buying any other stock, but not every trading platform offers IPO stocks.
-
How to buy Novo Integrated Sciences stock
Steps to owning and managing NVOS, with 24-hour and historical pricing before you buy.
-
How do ETFs work?
Your simple and straightforward guide to ETFs, how they work and the different types available.
-
What is stock lending?
Find out how stock lending works, the extra income you could potentially earn and the risks you should be aware of. Plus, compare stock trading platforms that offer stock lending.
-
How to buy SONDORS (SODR) stock when it goes public
Everything we know about the SONDORS IPO, plus information on how to buy in.
-
How to buy Bullfrog AI Holdings (BFRG) stock when it goes public
Everything we know about the Bullfrog AI Holdings IPO, plus information on how to buy in.
-
How to research stocks
Learn about stock analysis and how to use it to find the right company to buy.
-
Best international stock brokers for 2023
We explore some of the best brokerage accounts for international stock trading. Here’s what you need to know.
Ask an Expert