Forward Air Corp (NASDAQ:FWRD)’s traded shares stood at 0.31 million during the last session, with the company’s beta value hitting 1.41. At the close of trading, the stock’s price was $26.5, to imply an increase of 0.68% or $0.18 in intraday trading. The FWRD share’s 52-week high remains $40.92, putting it -54.42% down since that peak but still an impressive 63.09% since price per share fell to its 52-week low of $9.78. The company has a valuation of $806.22M, with an average of 0.71 million shares in intraday trading volume over the past 10 days and average of 752.38K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Forward Air Corp (FWRD), translating to a mean rating of 1.86. Of 3 analyst(s) looking at the stock, 0 analyst(s) give FWRD a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.23.
Forward Air Corp (NASDAQ:FWRD) trade information
After registering a 0.68% upside in the last session, Forward Air Corp (FWRD) has traded red over the past five days. The 5-day price performance for the stock is 9.23%, and 47.30% over 30 days. With these gigs, the year-to-date price performance is 38.82%. Short interest in Forward Air Corp (NASDAQ:FWRD) saw shorts transact 3.84 million shares and set a 8.22 days time to cover.
The extremes give us $35 and $35 for target low and target high price respectively. As such, FWRD has been trading -32.08% off suggested target high and -32.08% from its likely low.
Forward Air Corp (FWRD) estimates and forecasts
The rating firms project that company’s revenue will grow 3.50% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 627.98M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 655.18M.Earnings reports from the last fiscal year show that sales brought in 643.67M and 655.94M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -2.44% before dropping -0.12% in the following quarter.
FWRD Dividends
Forward Air Corp has its next earnings report out on 2025-May-07. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The company’s average dividend yield trailing the past 5-year period is 1.26%.
Forward Air Corp (NASDAQ:FWRD)’s Major holders
Forward Air Corp insiders hold 2.02% of total outstanding shares, with institutional holders owning 112.53% of the shares at 114.85% float percentage. In total, 112.53% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 4.53 million shares (or 16.899% of shares), all amounting to roughly $86.24 million.
The next major institution holding the largest number of shares is CLEARLAKE CAPITAL GROUP, L.P. with 3.83 million shares, or about 14.2708% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $72.83 million.
We also have iShares Trust-iShares Core S&P Small-Cap ETF and SRH Total Return Fund, Inc. as the top two Mutual Funds with the largest holdings of the Forward Air Corp (FWRD) shares. Going by data provided on May 31, 2025 , iShares Trust-iShares Core S&P Small-Cap ETF holds roughly 1.2 shares. This is just over 3.94% of the total shares, with a market valuation of $31.79 million. Data from the same date shows that the other fund manager holds a little less at 845.22, or 2.78% of the shares, all valued at about 22.4 million.
