Forward AirFWRD
FWRD
About: Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight, Omni Logistics, and Intermodal and Corporate. The company generates maximum revenue from the Omni Logistics segment. The expedited Freight segment operates a comprehensive national network to provide expedited regional, inter-regional, and national LTL (less-than-truckload) services. It also offers customers local pick-up and delivery and other services including final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. The Company conducts business in the United States, Canada, and Mexico.
Employees: 6,586
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
43% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 10 (+3) [Q4]
11% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 36
2% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 63
1% more funds holding
Funds holding: 207 [Q3] → 209 (+2) [Q4]
4.45% less ownership
Funds ownership: 118.93% [Q3] → 114.48% (-4.45%) [Q4]
8% less capital invested
Capital invested by funds: $1.17B [Q3] → $1.07B (-$96.8M) [Q4]
15% less call options, than puts
Call options by funds: $22.4M | Put options by funds: $26.5M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$22
41%
upside
Avg. target
$27
75%
upside
High target
$32
105%
upside
3 analyst ratings
1 positive
33%
2 neutral
67%
0 negative
0%
Stifel J. Bruce Chan 0% 1-year accuracy 0 / 36 met price target | 41%upside $22 | Hold Maintained | 10 Apr 2025 |
Susquehanna Bascome Majors 26% 1-year accuracy 12 / 46 met price target | 105%upside $32 | Positive Maintained | 31 Mar 2025 |
Baird Benjamin Hartford 0% 1-year accuracy 0 / 6 met price target | 79%upside $28 | Neutral Maintained | 27 Feb 2025 |
Financial journalist opinion
Based on 3 articles about FWRD published over the past 30 days
Neutral
The Motley Fool
1 week ago
Why Forward Air Stock Had Some Serious Lift Today
Next-generation logistics specialist Forward Air (FWRD 32.57%) delivered mightily for its investors Wednesday.
Neutral
Business Wire
1 week ago
Forward Air Corporation Provides Select First Quarter 2025 Updates
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “Forward Air”, “we”, “our”, or “us”) today reported preliminary financial results for the three months ended March 31, 2025 and an estimate of revenue from shipments that may be impacted by the tariffs under the International Emergency Economic Powers Act (“IEEPA”) order announced on April 2, 2025. For the three months ended March 31, 2025, preliminary Consolidated EBITDA, a non-GAAP measure calculated pu.
Negative
The Motley Fool
2 weeks ago
Why Transportation Stocks Are Falling Today
A comprehensive overhaul of U.S. trade policy, including the introduction of broad tariffs on most of the world, is roiling markets on Thursday. Among the hardest-hit sectors are transportation companies, including Union Pacific (UNP -4.01%), Forward Air (FWRD -21.36%), and Zim Integrated Shipping Services (ZIM -14.32%), all losing ground.
Negative
The Motley Fool
1 month ago
Why Forward Air Stock Dropped on Thursday
"Asset-light" transportation services provider Forward Air (FWRD -9.53%) stock came in light on earnings last night, and its stock is suffering -- down 6.8% through 10:05 a.m. ET Thursday morning.
Neutral
Seeking Alpha
1 month ago
Forward Air Corporation (FWRD) Q4 2024 Earnings Call Transcript
Forward Air Corporation (NASDAQ:FWRD ) Q4 2024 Earnings Conference Call February 26, 2025 4:30 PM ET Company Participants Tony Carreno - SVP, Treasury & IR Shawn Stewart - CEO Jamie Pierson - CFO Conference Call Participants Andrew Cox - Stifel Bascome Majors - Susquehanna Joe Hafling - Jefferies Christopher Kuhn - Benchmark Company Operator Welcome to the Forward Air Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants have been placed in a listen-only mode and the floor will be open for your questions following the presentation.
Neutral
Business Wire
1 month ago
Forward Air Corporation Reports Fourth Quarter and Full Year 2024 Results
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “Forward Air”, “we”, “our”, or “us”) today reported financial results for the three and twelve months ended December 31, 2024 as presented in the tables below on a continuing operations basis, with the Company's former Final Mile business being reported as discontinued operations. “As we turn the page on the first year operating as a combined company following the acquisition of Omni, I want to express my.
Negative
Zacks Investment Research
1 month ago
3 Truck Stocks Worth Keeping An Eye On Despite Industry Pressure
The Zacks Industry Rank for the Transportation-Truck industry paints a dull picture, mainly owing to the slowdown in freight demand. We believe stocks like ODFL, ARCB and FWRD are better positioned to escape industry challenges.
Negative
The Motley Fool
2 months ago
Why UPS, Forward Air, and FedEx Stocks All Tumbled Today
After months of threatening to levy tariffs on imports from countries he blames for facilitating the flood of fentanyl into the U.S., on Saturday, President Donald Trump did just that. He announced the imposition of new 25% tariffs on imports to the U.S. from its top two trading partners, Mexico and Canada.
Neutral
Business Wire
2 months ago
Forward Air Corporation Announces Timing of Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) will release its fourth quarter and full year 2024 earnings after the market closes on Wednesday, February 26, 2025, and hold a conference call to discuss those results at 4:30 p.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com or by dialing (800) 445-7795, Access Code: FWRDQ424. A conference cal.
Neutral
Business Wire
3 months ago
Forward Air Announces Board Review of Strategic Alternatives to Maximize Shareholder Value
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company” or “Forward”) today announced that its Board of Directors has initiated a comprehensive review of strategic alternatives to maximize shareholder value. The Board will consider a range of options, including a potential sale, merger or other strategic or financial transaction relative to the long-term value potential of the Company on a standalone basis. George Mayes, Independent Chairman of the Board of Dir.
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