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Forward Air Corporation (FWRD)

17.54 +2.40 (+15.85%)
At close: October 28 at 4:00:01 PM EDT
17.54 0.00 (0.00%)
After hours: October 28 at 4:01:15 PM EDT
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  • Previous Close 15.14
  • Open 16.01
  • Bid 12.69 x 200
  • Ask 20.69 x 200
  • Day's Range 16.00 - 17.66
  • 52 Week Range 7.86 - 31.18
  • Volume 584,451
  • Avg. Volume 504,843
  • Market Cap (intraday) 592.516M
  • Beta (5Y Monthly) 1.41
  • PE Ratio (TTM) --
  • EPS (TTM) -8.92
  • Earnings Date Nov 9, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 24.50
  • Zacks Rating Neutral

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 10/28/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

FWRD
29.84%
S&P 500 (^GSPC)
13.13%

1-Year Return

FWRD
11.23%
S&P 500 (^GSPC)
12.38%

3-Year Return

FWRD
74.98%
S&P 500 (^GSPC)
88.08%

5-Year Return

FWRD
81.58%
S&P 500 (^GSPC)
68.48%

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

24.00
24.50 Average
17.54 Current
25.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/8/2026
Analyst Stifel
Rating Action Maintains
Rating Buy
Price Action Lowers
Price Target 27 -> 24

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • 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)

    -8.92

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    139.45M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    86.97M

Company Insights

Research Reports

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