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FWRD

Forward Air NasdaqGS:FWRD Stock Report

Last Price

US$98.20

Market Cap

US$2.5b

7D

0.2%

1Y

5.4%

Updated

30 May, 2023

Data

Company Financials +

Forward Air Corporation

NasdaqGS:FWRD Stock Report

Mkt Cap: US$2.5b

FWRD Stock Overview

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada.

FWRD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance6/6
Financial Health4/6
Dividends4/6

Rewards

Trading at 27.1% below our estimate of its fair value

Earnings grew by 31.7% over the past year

Risk Analysis

No risks detected for FWRD from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Forward Air Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Forward Air
Historical stock prices
Current Share PriceUS$98.20
52 Week HighUS$117.57
52 Week LowUS$84.04
Beta1.13
1 Month Change-6.93%
3 Month Change-5.63%
1 Year Change5.38%
3 Year Change97.35%
5 Year Change64.01%
Change since IPO2,661.88%

Recent News & Updates

Forward Air (NASDAQ:FWRD) Is Due To Pay A Dividend Of $0.24

May 15
Forward Air (NASDAQ:FWRD) Is Due To Pay A Dividend Of $0.24

Estimating The Intrinsic Value Of Forward Air Corporation (NASDAQ:FWRD)

Apr 21
Estimating The Intrinsic Value Of Forward Air Corporation (NASDAQ:FWRD)

With EPS Growth And More, Forward Air (NASDAQ:FWRD) Makes An Interesting Case

Mar 24
With EPS Growth And More, Forward Air (NASDAQ:FWRD) Makes An Interesting Case

Recent updates

Forward Air (NASDAQ:FWRD) Is Due To Pay A Dividend Of $0.24

May 15
Forward Air (NASDAQ:FWRD) Is Due To Pay A Dividend Of $0.24

Estimating The Intrinsic Value Of Forward Air Corporation (NASDAQ:FWRD)

Apr 21
Estimating The Intrinsic Value Of Forward Air Corporation (NASDAQ:FWRD)

With EPS Growth And More, Forward Air (NASDAQ:FWRD) Makes An Interesting Case

Mar 24
With EPS Growth And More, Forward Air (NASDAQ:FWRD) Makes An Interesting Case

Is Forward Air (NASDAQ:FWRD) A Risky Investment?

Mar 12
Is Forward Air (NASDAQ:FWRD) A Risky Investment?

Forward Air (NASDAQ:FWRD) Is Due To Pay A Dividend Of $0.24

Feb 12
Forward Air (NASDAQ:FWRD) Is Due To Pay A Dividend Of $0.24

Should You Investigate Forward Air Corporation (NASDAQ:FWRD) At US$97.81?

Feb 10
Should You Investigate Forward Air Corporation (NASDAQ:FWRD) At US$97.81?

Returns on Capital Paint A Bright Future For Forward Air (NASDAQ:FWRD)

Jan 29
Returns on Capital Paint A Bright Future For Forward Air (NASDAQ:FWRD)

An Intrinsic Calculation For Forward Air Corporation (NASDAQ:FWRD) Suggests It's 28% Undervalued

Dec 07
An Intrinsic Calculation For Forward Air Corporation (NASDAQ:FWRD) Suggests It's 28% Undervalued

Is Now The Time To Put Forward Air (NASDAQ:FWRD) On Your Watchlist?

Nov 11
Is Now The Time To Put Forward Air (NASDAQ:FWRD) On Your Watchlist?

Under The Bonnet, Forward Air's (NASDAQ:FWRD) Returns Look Impressive

Oct 05
Under The Bonnet, Forward Air's (NASDAQ:FWRD) Returns Look Impressive

Forward Air reports mid-quarter 16% growth in revenue per shipment through August

Sep 12

Forward Air (NASDAQ:FWRD) Could Easily Take On More Debt

Sep 09
Forward Air (NASDAQ:FWRD) Could Easily Take On More Debt

Forward Air Corporation (NASDAQ:FWRD) Shares Could Be 41% Below Their Intrinsic Value Estimate

Aug 26
Forward Air Corporation (NASDAQ:FWRD) Shares Could Be 41% Below Their Intrinsic Value Estimate

Forward Air goes ex-dividend tomorrow

Aug 16

With EPS Growth And More, Forward Air (NASDAQ:FWRD) Makes An Interesting Case

Aug 03
With EPS Growth And More, Forward Air (NASDAQ:FWRD) Makes An Interesting Case

Forward Air GAAP EPS of $2.04 beats by $0.14, revenue of $515.22M in-line

Jul 27

Should You Investigate Forward Air Corporation (NASDAQ:FWRD) At US$96.25?

Jul 21
Should You Investigate Forward Air Corporation (NASDAQ:FWRD) At US$96.25?

Forward Air raises Q2 EPS and revenue view above estimates

Jul 19

Why You Should Care About Forward Air's (NASDAQ:FWRD) Strong Returns On Capital

Jul 06
Why You Should Care About Forward Air's (NASDAQ:FWRD) Strong Returns On Capital

Is Forward Air (NASDAQ:FWRD) A Risky Investment?

Jun 03
Is Forward Air (NASDAQ:FWRD) A Risky Investment?

What Is Forward Air Corporation's (NASDAQ:FWRD) Share Price Doing?

Apr 11
What Is Forward Air Corporation's (NASDAQ:FWRD) Share Price Doing?

The Returns At Forward Air (NASDAQ:FWRD) Aren't Growing

Mar 27
The Returns At Forward Air (NASDAQ:FWRD) Aren't Growing

Forward Air (NASDAQ:FWRD) Will Pay A Larger Dividend Than Last Year At US$0.24

Feb 13
Forward Air (NASDAQ:FWRD) Will Pay A Larger Dividend Than Last Year At US$0.24

Forward Air (NASDAQ:FWRD) Could Easily Take On More Debt

Feb 04
Forward Air (NASDAQ:FWRD) Could Easily Take On More Debt

Returns On Capital At Forward Air (NASDAQ:FWRD) Paint A Concerning Picture

Dec 27
Returns On Capital At Forward Air (NASDAQ:FWRD) Paint A Concerning Picture

Should You Think About Buying Forward Air Corporation (NASDAQ:FWRD) Now?

Dec 14
Should You Think About Buying Forward Air Corporation (NASDAQ:FWRD) Now?

Is Forward Air Corporation (NASDAQ:FWRD) Trading At A 42% Discount?

Dec 01
Is Forward Air Corporation (NASDAQ:FWRD) Trading At A 42% Discount?

Is Forward Air (NASDAQ:FWRD) Using Too Much Debt?

Oct 08
Is Forward Air (NASDAQ:FWRD) Using Too Much Debt?

There Are Reasons To Feel Uneasy About Forward Air's (NASDAQ:FWRD) Returns On Capital

Sep 24
There Are Reasons To Feel Uneasy About Forward Air's (NASDAQ:FWRD) Returns On Capital

Should You Investigate Forward Air Corporation (NASDAQ:FWRD) At US$89.12?

Aug 28
Should You Investigate Forward Air Corporation (NASDAQ:FWRD) At US$89.12?

An Intrinsic Calculation For Forward Air Corporation (NASDAQ:FWRD) Suggests It's 38% Undervalued

Aug 12
An Intrinsic Calculation For Forward Air Corporation (NASDAQ:FWRD) Suggests It's 38% Undervalued

Returns On Capital At Forward Air (NASDAQ:FWRD) Paint A Concerning Picture

Jun 25
Returns On Capital At Forward Air (NASDAQ:FWRD) Paint A Concerning Picture

Forward Air aims at increasing fleet partners with new destination-based compensation

Jun 08

Forward Air (NASDAQ:FWRD) Seems To Use Debt Quite Sensibly

May 27
Forward Air (NASDAQ:FWRD) Seems To Use Debt Quite Sensibly

Is Forward Air Corporation (NASDAQ:FWRD) Potentially Undervalued?

May 14
Is Forward Air Corporation (NASDAQ:FWRD) Potentially Undervalued?

Shareholder Returns

FWRDUS LogisticsUS Market
7D0.2%-1.1%0.06%
1Y5.4%-2.8%-0.7%

Return vs Industry: FWRD exceeded the US Logistics industry which returned -2.8% over the past year.

Return vs Market: FWRD exceeded the US Market which returned -0.7% over the past year.

Price Volatility

Is FWRD's price volatile compared to industry and market?
FWRD volatility
FWRD Average Weekly Movement4.0%
Logistics Industry Average Movement5.9%
Market Average Movement6.5%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: FWRD is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: FWRD's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19814,291Tom Schmitthttps://www.forwardaircorp.com

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.

Forward Air Corporation Fundamentals Summary

How do Forward Air's earnings and revenue compare to its market cap?
FWRD fundamental statistics
Market CapUS$2.55b
Earnings (TTM)US$185.87m
Revenue (TTM)US$1.93b

13.7x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FWRD income statement (TTM)
RevenueUS$1.93b
Cost of RevenueUS$1.34b
Gross ProfitUS$595.99m
Other ExpensesUS$410.13m
EarningsUS$185.87m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)7.16
Gross Margin30.82%
Net Profit Margin9.61%
Debt/Equity Ratio23.7%

How did FWRD perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

14%

Payout Ratio