Trade Forward Air - FWRD CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.16
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.021596 %(-$4.32)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02160%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.000626 %(-$0.13)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.00063%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.021596 %
  (-$4.32)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.000626 %
  (-$0.13)

Key Stats

• Prev. Close: 16.24
• Open: 16.37
• 1-Year Change: -45.27%
• Day's Range: 16.37 - 18.02

Trade Forward Air - FWRD

About Forward Air Corporation

Forward Air Corporation is an asset-light freight and logistics company. The Company provides less-than-truckload (LTL), final mile, truckload and intermodal drayage services across the United States and in Canada. The Company operates through two segments: Expedited Freight and Intermodal. The Expedited Freight segment operates a comprehensive national network to provide expedited regional, inter-regional and national LTL services. Expedited Freight offers customers local pick-up and delivery and other services including final-mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage and other handling. The Intermodal segment provides first- and last-mile high value intermodal container drayage services both to and from seaports and railheads. Intermodal also offers dedicated contract and Container Freight Station (CFS) warehouse and handling services.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Forward Air Corporation revenues increased 31% to $1.66B. Net income applicable to common stockholders excluding extraordinary items increased from $52.4M to $115.4M. Revenues reflect Expedited Freight segment increase of 28% to $1.37B, Intermodal segment increase of 45% to $289.2M. Net income benefited from Expedited Freight segment income increase of 95% to $139.3M.

Equity composition

Common Stock $.01 Par, 06/11, 50M auth., 29,377,550 issd. Insiders own 0.98%. IPO 11/93,5 1.9M shs @ $14 by Alex. Brown & Co. PO 4/99, 3M shs. (1M by Co.) @ $20 by BT Alex. Brown. *8/98, Name changed from Landair Services Inc. 4/05, 3-for-2 stock split.