Trade Forward Air - FWRD CFD

Add to favourite

22.68

0.4%

0.13

Low: 22.07

High: 22.68

Market Trading Hours* (UTC) Opens on Friday at 13:30

Mon - Fri: 13:30 - 20:00

Summary
Historical Data
Events
Income Statement
Balance Sheet
Cash Flow

Trading сonditions

Spread

0.13

Long position overnight fee

-0.026179%

Short position overnight fee

0.003957%

Overnight fee time

21:00 (UTC)

Min traded quantity

Currency

USD

Margin

Stock exchange

United States of America

Commission on trade

*Information provided by Capital.com

Forward Air Corp ESG Risk Ratings

High Medium Low Negligible

‘C’ score indicates satisfactory relative ESG performance and moderate degree of transparency in reporting material ESG data publicly.

More ESG coverage

Key Stats

Prev. Close*	22.59
Open*	22.29
1-Year Change*	-79.67%
Day's Range*	22.07 - 22.68
52 wk Range	51.80-121.38
Average Volume (10 days)	561.93K
Average Volume (3 months)	8.55M
Market Cap	1.35B
P/E Ratio	12.79
Shares Outstanding	25.66M
Revenue	1.72B
EPS	4.10
Dividend (Yield %)	1.82962
Beta	1.08
Next Earnings Date	Feb 6, 2024

All data is provided by Refinitiv, except for data marked with an asterisk, which is *data provided by Capital.com

Last Week
Last Month
Last Year
Last two Years
Max

Daily
Weekly
Monthly

Date	Close	Change	Change (%)	Open	High	Low
Apr 18, 2024	22.68	0.18	0.80%	22.50	22.76	22.03
Apr 17, 2024	22.59	-2.15	-8.69%	24.74	25.06	22.51
Apr 16, 2024	25.13	0.93	3.84%	24.20	25.53	24.05
Apr 15, 2024	24.47	-0.79	-3.13%	25.26	25.67	24.43
Apr 12, 2024	25.51	-1.65	-6.08%	27.16	27.26	25.32
Apr 11, 2024	27.56	-0.69	-2.44%	28.25	28.89	27.37
Apr 10, 2024	28.50	-0.46	-1.59%	28.96	29.30	28.20
Apr 9, 2024	29.95	0.65	2.22%	29.30	30.83	29.30
Apr 8, 2024	29.23	1.03	3.65%	28.20	29.51	28.20
Apr 5, 2024	28.12	0.51	1.85%	27.61	28.58	26.99
Apr 4, 2024	27.95	0.50	1.82%	27.45	29.22	27.45
Apr 3, 2024	27.41	0.19	0.70%	27.22	28.09	27.07
Apr 2, 2024	27.37	-1.08	-3.80%	28.45	28.80	27.22
Apr 1, 2024	28.86	-1.87	-6.09%	30.73	30.73	28.38
Mar 28, 2024	31.05	1.15	3.85%	29.90	31.50	29.80
Mar 27, 2024	29.95	0.80	2.74%	29.15	30.33	29.15
Mar 26, 2024	29.10	0.17	0.59%	28.93	29.75	28.45
Mar 25, 2024	28.91	0.01	0.03%	28.90	29.26	28.38
Mar 22, 2024	29.10	1.06	3.78%	28.04	29.62	28.04
Mar 21, 2024	28.69	1.95	7.29%	26.74	28.71	26.45

Forward Air Events

Time (UTC)	Country	Event
Monday, April 29, 2024
Time (UTC) 10:59	Country US	Event Q1 2024 Forward Air Corp Earnings Release Q1 2024 Forward Air Corp Earnings Release Forecast - Previous -
Wednesday, May 8, 2024
Time (UTC) 12:00	Country US	Event Forward Air Corp Annual Shareholders Meeting Forward Air Corp Annual Shareholders Meeting Forecast - Previous -
Wednesday, July 31, 2024
Time (UTC) 10:59	Country US	Event Q2 2024 Forward Air Corp Earnings Release Q2 2024 Forward Air Corp Earnings Release Forecast - Previous -

View all events

Annual
Quarterly

	2022	2021	2020	2019	2018
Total revenue	1973.4	1662.43	1269.57	1215.19	1137.61
Revenue	1973.4	1662.43	1269.57	1215.19	1137.61
Cost of Revenue, Total	1031.23	929.735	732.55	666.991	638.662
Gross Profit	942.177	732.692	537.023	548.196	498.951
Total Operating Expense	1707.43	1503.13	1195.65	1102.77	1020.4
Selling/General/Admin. Expenses, Total	397.729	370	305.697	296.734	259.203
Depreciation / Amortization	47.386	39.552	37.125	36.394	35.831
Unusual Expense (Income)
Other Operating Expenses, Total	231.086	163.839	120.277	102.652	86.701
Operating Income	265.976	159.301	73.924	112.416	117.216
Interest Income (Expense), Net Non-Operating	-5.138	-4.338	-4.561	-2.711	-1.783
Other, Net	0	0	-0.003	-0.001	-0.002
Net Income Before Taxes	260.838	154.963	69.36	109.704	115.431
Net Income After Taxes	193.191	116.091	52.767	82.322	88.563
Net Income Before Extra. Items	193.191	116.091	52.767	82.322	88.563
Net Income	193.191	105.859	23.733	87.099	92.051
Total Adjustments to Net Income	-1.07	-0.737	-0.385	-0.945	-0.881
Income Available to Common Excl. Extra. Items	192.121	115.354	52.382	81.377	87.682
Income Available to Common Incl. Extra. Items	192.121	105.122	23.348	86.154	91.17
Diluted Net Income	192.121	105.122	23.348	86.154	91.17
Diluted Weighted Average Shares	26.926	27.292	27.697	28.308	29.19
Diluted EPS Excluding Extraordinary Items	7.13515	4.22666	1.89125	2.8747	3.00384
Dividends per Share - Common Stock Primary Issue	0.96	0.84	0.75	0.72	0.63
Diluted Normalized EPS	7.13515	4.22666	1.89125	2.8747	3.00384
Total Extraordinary Items	0	-10.232	-29.034	4.777	3.488

	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022
Total revenue	402.182	427.066	481.2	510.023	982.18
Revenue	402.182	427.066	481.2	510.023	982.18
Cost of Revenue, Total	213.101	218.249	245.53	261.063	524.633
Gross Profit	189.081	208.817	235.67	248.96	457.547
Total Operating Expense	371.971	376.557	419.785	438.358	849.284
Selling/General/Admin. Expenses, Total	100.046	93.302	97.278	102.848	197.603
Depreciation / Amortization	14.513	13.635	12.392	12.269	22.725
Other Operating Expenses, Total	44.311	51.371	64.585	62.178	104.323
Operating Income	30.211	50.509	61.415	71.665	132.896
Interest Income (Expense), Net Non-Operating	-2.585	-2.355	-1.617	-1.544	-1.977
Net Income Before Taxes	27.626	48.154	59.798	70.121	130.919
Net Income After Taxes	19.951	36.368	42.942	52.133	98.116
Net Income Before Extra. Items	19.951	36.368	42.942	52.133	98.116
Total Extraordinary Items			0
Net Income	19.951	36.368	42.942	52.133	98.116
Total Adjustments to Net Income	-0.121	-0.175	-0.232	-0.325	-0.513
Income Available to Common Excl. Extra. Items	19.83	36.193	42.71	51.808	97.603
Income Available to Common Incl. Extra. Items	19.83	36.193	42.71	51.808	97.603
Diluted Net Income	19.83	36.193	42.71	51.808	97.603
Diluted Weighted Average Shares	26.035	26.1465	26.707	26.902	26.9505
Diluted EPS Excluding Extraordinary Items	0.76167	1.38424	1.59921	1.9258	3.62157
Dividends per Share - Common Stock Primary Issue	0.24	0.24	0.24	0.24	0.48
Diluted Normalized EPS	0.76167	1.38424	1.59921	1.9258	3.62157
Other, Net			0

Annual
Quarterly

	2022	2021	2020	2019	2018
Total Current Assets	304.315	282.807	245.896	236.318	201.082
Cash and Short Term Investments	45.822	37.316	40.254	64.749	25.657
Cash & Equivalents	45.822	37.316	40.254	64.749	25.657
Total Receivables, Net	221.028	216.182	156.49	154.019	161.422
Accounts Receivable - Trade, Net	221.028	208.085	156.49	150.197	156.359
Total Inventory				2.132	2.24
Prepaid Expenses	24.774	22.283	21.41	15.418	11.763
Total Assets	1208.08	1117.82	1047.39	990.878	760.215
Property/Plant/Equipment, Total - Net	390.945	367.293	313.205	364.688	209.895
Property/Plant/Equipment, Total - Gross	611.614	568.16	503.857	578.394	413.9
Accumulated Depreciation, Total	-220.669	-200.867	-190.652	-213.706	-204.005
Goodwill, Net	306.184	266.752	244.982	221.105	199.092
Intangibles, Net	154.801	154.717	145.032	127.798	113.661
Other Long Term Assets, Total	51.831	46.254	98.278	40.969	36.485
Total Current Liabilities	169.398	164.692	171.62	137.164	74.723
Accounts Payable	65.127	55.922	53.096	44.232	42.054
Accrued Expenses	90.871	98.068	80.219	85.876	32.099
Notes Payable/Short Term Debt	0	0	0	0	0
Current Port. of LT Debt/Capital Leases	9.444	6.088	1.801	1.421	0.309
Other Current Liabilities, Total	3.956	4.614	36.504	5.635	0.261
Total Liabilities	500.832	524.169	500.064	413.696	206.971
Total Long Term Debt	122.432	165.037	117.408	72.249	47.335
Long Term Debt	106.588	155.466	112.398	67.34	47.281
Capital Lease Obligations	15.844	9.571	5.01	4.909	0.054
Deferred Income Tax	51.093	43.407	41.986	43.942	37.174
Other Liabilities, Total	157.909	151.033	169.05	160.341	47.739
Total Equity	707.244	593.654	547.329	577.182	553.244
Preferred Stock - Non Redeemable, Net			0	0	0
Common Stock	0.265	0.27	0.273	0.279	0.285
Additional Paid-In Capital	270.855	258.474	242.916	226.869	210.296
Retained Earnings (Accumulated Deficit)	436.124	334.91	304.14	350.034	342.663
Total Liabilities & Shareholders’ Equity	1208.08	1117.82	1047.39	990.878	760.215
Total Common Shares Outstanding	26.4613	26.9688	27.3164	27.8502	28.5349
Other Current Assets, Total	12.691	7.026	27.742

	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022
Total Current Assets	237.73	215.787	257.794	304.315	312.967
Cash and Short Term Investments	18.843	18.281	32.028	45.822	46.846
Cash & Equivalents	18.843	18.281	32.028	45.822	46.846
Total Receivables, Net	191.758	175.968	201.385	221.028	247.73
Accounts Receivable - Trade, Net	191.758	175.968	201.385	221.028	247.73
Other Current Assets, Total	27.129	21.538	24.381	12.691	18.391
Total Assets	1190.58	1184.57	1226.57	1208.08	1186.06
Property/Plant/Equipment, Total - Net	392.974	405.51	403.214	390.945	378.207
Property/Plant/Equipment, Total - Gross	501.28	493.816	478.958	611.614	444.963
Accumulated Depreciation, Total	-243.032	-233.153	-226.026	-220.669	-214.039
Goodwill, Net	356.763	356.763	356.627	306.184	288.496
Intangibles, Net	146.71	151.218	155.726	154.801	155.161
Other Long Term Assets, Total	56.404	55.295	53.205	51.831	51.228
Total Current Liabilities	190.441	169.226	165.77	169.398	179.559
Accounts Payable	45.702	37.085	42.994	65.127	50.666
Accrued Expenses	108.067	106.066	104.95	90.871	116.591
Notes Payable/Short Term Debt	0	0	0	0	0
Current Port. of LT Debt/Capital Leases	15.053	13.963	11.619	9.444	7.891
Other Current Liabilities, Total	21.619	12.112	6.207	3.956	4.411
Total Liabilities	524.881	510.964	540.933	500.832	503.361
Total Long Term Debt	142.244	143.227	169.009	122.432	118.068
Long Term Debt	118.857	119.766	150.681	106.588	106.934
Deferred Income Tax	53.292	53.275	52.95	51.093	45.369
Other Liabilities, Total	138.904	145.236	153.204	157.909	160.365
Total Equity	665.7	673.609	685.633	707.244	682.698
Preferred Stock - Non Redeemable, Net
Common Stock	0.257	0.258	0.261	0.265	0.266
Additional Paid-In Capital	280.64	277.593	274.007	270.855	267.809
Retained Earnings (Accumulated Deficit)	384.803	395.758	411.365	436.124	414.623
Total Liabilities & Shareholders’ Equity	1190.58	1184.57	1226.57	1208.08	1186.06
Total Common Shares Outstanding	25.6621	25.7856	26.0529	26.4613	26.5897
Prepaid Expenses				24.774
Capital Lease Obligations	23.387	23.461	18.328	15.844	11.134

Annual
Quarterly

	2022	2021	2020	2019	2018
Net income/Starting Line	193.191	116.091	52.767	82.322	88.563
Cash From Operating Activities	259.09	120.261	84.666	158.998	152.554
Cash From Operating Activities	47.386	39.552	37.125	36.394	35.831
Deferred Taxes	7.686	1.421	0.772	7.089	7.59
Non-Cash Items	22.227	14.801	5.311	29.99	23.323
Cash Taxes Paid	65.388	35.766	13.463	19.959
Cash Interest Paid	5.355	4.198	4.58	2.711
Changes in Working Capital	-11.4	-51.604	-11.309	3.203	-2.753
Cash From Investing Activities	-104.462	-88.312	-82.707	-63.894	-55.463
Capital Expenditures	-40.729	-39.109	-20.268	-22.007	-39.564
Other Investing Cash Flow Items, Total	-63.733	-49.203	-62.439	-41.887	-15.899
Cash From Financing Activities	-146.122	-34.887	-26.454	-56.012	-75.327
Financing Cash Flow Items	-3.421	-10.116	-8.792	-3.032	-1.872
Total Cash Dividends Paid	-25.865	-22.976	-20.869	-20.494	-18.427
Issuance (Retirement) of Stock, Net	-61.782	-44.372	-40.347	-51.54	-61.726
Issuance (Retirement) of Debt, Net	-55.054	42.577	43.554	19.054	6.698
Net Change in Cash	8.506	-2.938	-24.495	39.092	21.764

	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Net income/Starting Line	36.368	193.191	150.249	98.116	42.686
Cash From Operating Activities	65.993	259.09	196.814	112.82	62.486
Cash From Operating Activities	13.635	47.386	34.994	22.725	11.13
Deferred Taxes	1.857	7.686	1.962	1.962	1.643
Non-Cash Items	5.006	22.227	16.168	10.09	3.903
Changes in Working Capital	9.127	-11.4	-6.559	-20.073	3.124
Cash From Investing Activities	-61.541	-104.462	-64.411	-58.339	-9.397
Capital Expenditures	-6.789	-40.729	-25.401	-18.673	-9.908
Other Investing Cash Flow Items, Total	-54.752	-63.733	-39.01	-39.666	0.511
Cash From Financing Activities	-18.246	-146.122	-122.873	-44.411	-28.775
Financing Cash Flow Items	-4.292	-3.421	-3.384	-3.384	-3.254
Total Cash Dividends Paid	-6.345	-25.865	-19.461	-12.994	-6.502
Issuance (Retirement) of Stock, Net	-50.491	-61.782	-47.194	-17.2	-17.574
Issuance (Retirement) of Debt, Net	42.882	-55.054	-52.834	-10.833	-1.445
Net Change in Cash	-13.794	8.506	9.53	10.07	24.314
Cash Taxes Paid		65.388
Cash Interest Paid		5.355

Trading calculator

Calculate your hypothetical P&L if you had opened a CFD trade on a certain date (select a date) and closed on a different date (select a date).

Trade commission

Leverage

1:1

20
100
500
1000
10000

Investment

Trade size (Leverage x Investement):

Open

Close

Short Long

For the avoidance of doubt, this calculation does not include the costs of holding a position overnight (for which there will be additional charges)

Forward Air Company profile

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.

Industry:

Courier, Postal, Air Freight & Land-based Logistics (NEC)

1915 Snapps Ferry Rd.
Building N
GREENEVILLE
TENNESSEE 37745
US

Income Statement

Annual
Quarterly

News

Gold price in 2024: geopolitical tensions and rate-cut expectations keep XAU/USD supported

Investors are keeping a close eye on gold as the conflict in the Middle East escalates with a possibility of a full-scale regional war in the area.

07:56, 17 April 2024

US Earnings Season : JP Morgan, Citigroup, Wells Fargo

The first major US banks report quarterly earnings on Friday, April 12th, 2024. We preview what to expect from JP Morgan, Citigroup, and Wells Fargo's quarterly numbers.

16:03, 11 April 2024

Reserve Bank of New Zealand Preview: Rates expected to remain on hold as inflation fight continues

The Reserve Bank of New Zealand (RBNZ) meets on Wednesday, April 10, 2024. We preview what to expect from the meeting and its possible impact on the NZD/USD.

09:22, 11 April 2024

US CPI Preview: US inflation expected to grind lower amid fears about sticky prices

US CPI data is released on Wednesday, 10 April. We preview what to expect from the data, how it could influence US Federal Reserve policy, and analyse the NASDAQ (US Tech 100).

15:11, 9 April 2024