Forward Air Corporation (FWRD)

NASDAQ: FWRD · Real-Time Price · USD
25.15
+0.89 (3.67%)
At close: Jun 27, 2025, 4:00 PM
25.15
0.00 (0.00%)
After-hours: Jun 27, 2025, 4:34 PM EDT
3.67%
Market Cap 765.14M
Revenue (ttm) 2.55B
Net Income (ttm) -794.03M
Shares Out 30.42M
EPS (ttm) -28.76
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 921,714
Open 24.30
Previous Close 24.26
Day's Range 24.08 - 25.37
52-Week Range 9.79 - 40.92
Beta 1.29
Analysts Buy
Price Target 29.67 (+17.97%)
Earnings Date Aug 6, 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 forecast is $29.67, which is an increase of 17.97% from the latest price.

Price Target
$29.67
(17.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

9 days 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.

14 days 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 ...

14 days 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...

15 days 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'...

15 days 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
18 days 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...

22 days 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...

25 days 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...

25 days 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...

5 weeks 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...

6 weeks 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...

7 weeks 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...

7 weeks 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...

7 weeks 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 ...

2 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...

4 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...

4 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...

5 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...

6 months ago - Business Wire

Forward Air Releases 2024 Environmental, Social and Governance Report

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward”) announced today the release of its updated Environmental, Social and Governance (ESG) report, providing a detail...

6 months ago - Business Wire

Forward Air Raises $350,000 for Veterans at Annual Drive for Hope Golf Tournament

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) hosted the third annual Drive for Hope Golf Tournament November 11-12 at Chateau Elan Winery & ...

7 months ago - Business Wire

Forward Air Announces New Chief Commercial Officer

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) today announced that Eric Brandt has joined the Company as Chief Commercial Officer to lead its...

8 months ago - Business Wire

Forward Air Corporation (FWRD) Q3 2024 Earnings Call Transcript

Forward Air Corporation (NASDAQ:FWRD) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Tony Carreño - SVP, Treasury and IR Shawn Stewart - CEO Jamie Pierson - CFO Con...

8 months ago - Seeking Alpha

Forward Air Corporation Reports Third Quarter 2024 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 September 30, 2024, as pres...

8 months ago - Business Wire

Forward Air Corporation Announces Timing of Third Quarter 2024 Earnings Release and Conference Call

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) will release its third quarter 2024 earnings after the market closes on Monday, November 4, 202...

8 months ago - Business Wire