Business Wire (Tue, 6-Jan 4:01 PM ET)
Market Chameleon (Thu, 6-Nov 3:32 AM ET)
Forward Air Corporation Reports Third Quarter 2025 Results
Business Wire (Wed, 5-Nov 4:01 PM ET)
Market Chameleon (Thu, 21-Aug 8:49 AM ET)
Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight, Omni Logistics, and Intermodal and Corporate. The company generates maximum revenue from the Omni Logistics segment. The expedited Freight segment operates a comprehensive national network to provide expedited regional, inter-regional, and national LTL (less-than-truckload) services. It also 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 Company conducts business in the United States, Canada, and Mexico.
Forward Air trades on the NASDAQ stock market under the symbol FWRD.
As of January 20, 2026, FWRD stock price declined to $27.49 with 227,018 million shares trading.
FWRD has a beta of 2.71, meaning it tends to be more sensitive to market movements. FWRD has a correlation of 0.36 to the broad based SPY ETF.
FWRD has a market cap of $859.01 million. This is considered a Small Cap stock.
Last quarter Forward Air reported $632 million in Revenue and -$.52 earnings per share. This fell short of revenue expectation by $-15 million and missed earnings estimates by -$.42.
In the last 3 years, FWRD traded as high as $121.38 and as low as $9.79.
The top ETF exchange traded funds that FWRD belongs to (by Net Assets): IJR, VTI, IWM, VB, FNDA.
FWRD has underperformed the market in the last year with a return of -16.8%, while SPY returned +15.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FWRD shares. However, FWRD has outperformed the market in the last 3 month and 2 week periods, returning +32.0% and +9.4%, while SPY returned +3.0% and -0.7%, respectively. This indicates FWRD has been having a stronger performance recently.
FWRD support price is $28.00 and resistance is $29.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FWRD shares will trade within this expected range on the day.