Forward Air Corporation (FWRD)

NASDAQ: FWRD · Real-Time Price · USD
29.00
-0.13 (-0.43%)
At close: Aug 13, 2025, 4:00 PM
28.99
-0.01 (-0.02%)
After-hours: Aug 13, 2025, 4:10 PM EDT
-0.43%
Market Cap 892.81M
Revenue (ttm) 2.52B
Net Income (ttm) -173.04M
Shares Out 30.79M
EPS (ttm) -6.78
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,045,598
Open 28.01
Previous Close 29.12
Day's Range 26.64 - 29.53
52-Week Range 9.79 - 40.92
Beta 1.43
Analysts Buy
Price Target 34.67 (+19.57%)
Earnings Date Aug 11, 2025

About FWRD

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada. It operates through three segments: Expedited Freight, Omni Logistics, 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 seg... [Read more]

Sector Industrials
IPO Date Nov 16, 1993
Employees 6,586
Stock Exchange NASDAQ
Ticker Symbol FWRD
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for FWRD stock is "Buy." The 12-month stock price target is $34.67, which is an increase of 19.57% from the latest price.

Price Target
$34.67
(19.57% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Forward Air Corporation (FWRD) Q2 2025 Earnings Call Transcript

Forward Air Corporation (NASDAQ:FWRD) Q2 2025 Earnings Conference Call August 11, 2025 4:30 PM ET Company Participants Jamie G. Pierson - Chief Financial Officer Shawn Stewart - President, CEO & Dire...

1 day ago - Seeking Alpha

Forward Air Corporation Reports Second Quarter 2025 Results

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three months ended June 30, 2025, as presented...

2 days ago - Business Wire

Forward Air and Omni Logistics Combine Service Offerings to Deliver Value for Global Athletics Leader

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“we,” “us,” “our,” the “Company” or “Forward Air”) announced today that it has secured a distribution services award and ne...

14 days ago - Business Wire

Forward Air Announces Expanded Partnership With Leader in Package Delivery Services

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“we,” “us,” “our,” the “Company” or “Forward Air”) announced today that it has secured a substantial award from a leader in...

20 days ago - Business Wire

Forward Air Corporation Announces Timing of Second Quarter 2025 Earnings Release and Conference Call

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) will release its second quarter earnings after the market closes on Monday, August 11, 2025, an...

27 days ago - Business Wire

Stock Picks From Seeking Alpha's June 2025 New Analysts

June saw a record number of 48 new Seeking Alpha analysts, each bringing fresh stock ideas and unique backgrounds to the platform. Analysts provided ratings from Sell to Buy, with detailed justificati...

5 weeks ago - Seeking Alpha

Forward Air and Omni Logistics Recognized for Exceptional Service, Performance, and Partnership

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”) today announced several awards highlighting the Company's exceptional customer service, ope...

2 months ago - Business Wire

US trucker Forward Air attracts takeover interest from buyout firms, sources say

Private equity firms including Blackstone and Apollo Global Management have expressed interest in acquiring U.S. trucker Forward Air , people familiar with the matter said.

2 months ago - Reuters

From Setback To Strength: Forward Air's Bumpy Road To Recovery

Forward Air's Q1 2025 results show margin recovery, improved free cash flow, and strong liquidity, despite an adjusted EPS loss and stock price decline. The Omni Logistics acquisition has transformed ...

2 months ago - Seeking Alpha

Ancora Comments on Clear Mandate from Forward Air Shareholders That a Well-Run Sale Process is Urgently Needed

CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Comp...

2 months ago - Business Wire

Forward Air Corporation Announces Results of 2025 Annual Meeting and Board Changes

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “Forward Air”, “we”, “our”, or “us”) today announced changes to its Board of Directors following the Company'...

2 months ago - Business Wire

Freightos Looks To Scale Platform Transactions with Forward Air Corporation Partnership

Expanded integration on 7LFreight by WebCargo enables digital bookings for LTL and linehaul trucking across North America and Mexico GREENEVILLE, Tenn. and BARCELONA, Spain , June 9, 2025 /PRNewswire/...

Other symbols: CRGO
2 months ago - PRNewsWire

Lakeview Announces Intent to Withhold Support for Directors of Forward Air Corp. at Annual Meeting

CHICAGO--(BUSINESS WIRE)--Lakeview Investment Group & Trading Company, LLC (together with its affiliates, “Lakeview”), a meaningful shareholder of Forward Air Corp. (NASDAQ: FWRD) (“Forward Air” or th...

2 months ago - Business Wire

Glass Lewis Joins ISS in Recommending Forward Air Shareholders Vote AGAINST Three Unfit Legacy Directors at 2025 Annual Meeting

CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Comp...

2 months ago - Business Wire

Forward Air Shareholders Recommended to Vote AGAINST Three Unfit Legacy Directors at 2025 Annual Meeting by ISS

CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Comp...

2 months ago - Business Wire

Ancora Releases Presentation Illustrating Why Shareholders Should Vote AGAINST Three Unfit Legacy Directors at 2025 Annual Meeting

CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Comp...

3 months ago - Business Wire

Irenic Expresses Governance Concerns Pertaining to Forward Air Corporation

NEW YORK--(BUSINESS WIRE)--Irenic Capital Management, LP (collectively with its affiliates, “Irenic” or “we”) today issued the below statement regarding Forward Air Corporation (NASDAQ: FWRD) (“Forwar...

3 months ago - Business Wire

Forward Air Corporation (FWRD) Q1 2025 Earnings Call Transcript

Forward Air Corporation (NASDAQ:FWRD) Q1 2025 Results Conference Call May 7, 2025 4:30 PM ET Company Participants Tony Carreno - SVP, Treasury & Investor Relations Shawn Stewart - Chief Executive Off...

3 months ago - Seeking Alpha

Forward Air Corporation Reports First Quarter 2025 Results

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today reported financial results for the three months ended March 31, 2025 a...

3 months ago - Business Wire

Ancora Issues Letter to Forward Air Shareholders Regarding the Need to Vote AGAINST Three Unfit Legacy Directors at 2025 Annual Meeting

CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”) today issued the below letter to shareholders of Forward Air Corporation (NASDAQ: FWRD) (“Forwar...

3 months ago - Business Wire

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 ...

4 months ago - Business Wire

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 Conf...

5 months ago - Seeking Alpha

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 D...

6 months ago - Business Wire

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 Wednesda...

7 months ago - Business Wire

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 al...

7 months ago - Business Wire