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Forward Air Corporation (FWRD)

17.89 +1.58 (+9.69%)
At close: September 4 at 4:00:01 PM EDT
17.89 0.00 (0.00%)
After hours: September 4 at 7:30:03 PM EDT
Trade FWRD on Coinbase
Chart Range Bar
Loading chart for FWRD
  • Previous Close 16.31
  • Open 16.21
  • Bid 17.93 x 100
  • Ask 21.17 x 200
  • Day's Range 16.21 - 18.35
  • 52 Week Range 7.86 - 31.18
  • Volume 799,687
  • Avg. Volume 903,138
  • Market Cap (intraday) 604.34M
  • Beta (5Y Monthly) 1.39
  • PE Ratio (TTM) --
  • EPS (TTM) -8.91
  • Earnings Date (est.) Nov 4, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date Nov 21, 2023
  • 1y Target Est 28.00

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. The company operates through three segments: Expedited Freight, Omni Logistics, and Intermodal. Its 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 segment offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Omni Logistics segment offers full suite of global logistics services, such as air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, value-added services, time-definite transportation services, and other supply chain solutions. Its Intermodal segment provides intermodal container drayage services; and contract and container freight station warehouse and handling services. The company 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 incorporated in 1981 and is headquartered in Dallas, Texas.

www.forwardair.com

6,062

Full Time Employees

December 31

Fiscal Year Ends

Industrials

Sector

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

FWRD
28.44%
S&P 500 (^GSPC)
12.75%

1-Year Return

FWRD
41.11%
S&P 500 (^GSPC)
18.71%

3-Year Return

FWRD
74.96%
S&P 500 (^GSPC)
70.93%

5-Year Return

FWRD
79.51%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 673.04M
Earnings -207.3M
Profit Margin -30.80%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

-200M
0
200M
400M
600M
-30.0%
-25.0%
-20.0%
-15.0%
-10.0%
-5.0%

Analyst Insights

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Analyst Price Targets

27.00
28.00 Average
17.89 Current
29.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/13/2026
Analyst Susquehanna
Rating Action Maintains
Rating Positive
Price Action Raises
Price Target 18 -> 29

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -11.37%

  • Return on Assets (ttm)

    3.06%

  • Return on Equity (ttm)

    -735.72%

  • Revenue (ttm)

    2.52B

  • Net Income Avi to Common (ttm)

    -284.12M

  • Diluted EPS (ttm)

    -8.91

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    139.45M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    86.97M

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