Forward Air Corp (FWRD) Stock Price & Analysis
Forward Air Corp (FWRD) rose 1.13% to USD 11.63 as of June 10, 2026 at 02:16 UTC, according to Nexqual real-time market data.
FWRD last closed at USD 11.5; the session ranged USD 10.88–11.85 on volume of 1,287,279 shares. Market capitalization is $367.80M, with a 52-week range of USD 7.86–32.47 (NMS). Source: Nexqual, June 10, 2026 at 02:16 UTC.
Key Statistics (as of June 10, 2026 at 02:16 UTC)
| Price | USD 11.63 |
|---|---|
| Change | ▲ 1.13% (up) |
| Previous Close | USD 11.5 |
| Open | USD 11.39 |
| Day Range | USD 10.88 – 11.85 |
| 52-Week Range | USD 7.86 – 32.47 |
| Volume | 1,287,279 shares |
| Market Cap | $367.80M |
| Exchange | NMS |
Technical Analysis (FWRD)
Nexqual's technical model rates FWRD "SELL" based on 2 bullish and 4 bearish signals across 124 daily candles, as of June 10, 2026 at 02:16 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 42.57 (neutral) |
| vs SMA50 | Below (USD 15.32) |
| MACD | -1.22 (negative) |
Analyst Ratings (FWRD)
Wall Street analysts rate FWRD "None" based on 3 analysts, with a mean price target of USD 18.33 (range USD 17–20), per Nexqual as of June 10, 2026 at 02:16 UTC.
| Consensus Rating | None |
|---|---|
| Analyst Count | 3 |
| Mean Target | USD 18.33 |
| High Target | USD 20 |
| Low Target | USD 17 |
| Buy / Hold / Sell | 3 / 3 / 0 |
Earnings (FWRD)
| Next Earnings Date | 2026-05-07 |
|---|---|
| EPS Estimate | USD -0.16 |
| Revenue Estimate | $629.97M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-03-31 | USD -0.2 vs est -0.37 ▲ beat |
| 2025-12-31 | USD -0.19 vs est -0.27 ▲ beat |
| 2025-09-30 | USD 0.07 vs est -0.12 ▲ beat |
| 2025-06-30 | USD 0.06 vs est -0.26 ▲ beat |
Source: Nexqual, June 10, 2026 at 02:16 UTC.
Financials & Fundamentals (FWRD)
| Total Revenue | $2.46B |
|---|---|
| Revenue Growth (YoY) | -5.10% |
| Gross Margin | +20.54% |
| Operating Margin | +4.00% |
| Profit Margin | -3.71% |
| ROE | -69.13% |
| Debt / Equity | 1,758.63 |
| Current Ratio | 1.23 |
| Total Cash | $141.02M |
| Total Debt | $2.15B |
| Free Cash Flow | $55.90M |
Source: Nexqual, June 10, 2026 at 02:16 UTC.
Financial Health Score (FWRD)
Nexqual rates Forward Air Corp's overall financial health "Weak" across five dimensions, as of June 10, 2026 at 02:16 UTC.
| Growth | Mixed — Revenue +0.8% YoY (annual), slow |
|---|---|
| Profitability | Weak — Gross margin 21%, operating 4% |
| Balance Sheet | Critical — $141M cash vs $2.15B debt |
| Cash Flow | Mixed — FCF $56M, slim 2.2% margin |
| Efficiency | Critical — ROE -69%, ROA 2.1% |
Ownership (FWRD)
| Insider Ownership | +1.76% |
|---|---|
| Institutional Ownership | +108.26% |
| Shares Outstanding | 31.63M |
| Float | 25.18M |
| Short % of Float | +15.34% |
Source: Nexqual, June 10, 2026 at 02:16 UTC.
Leadership (FWRD)
Forward Air Corp is led by Shawn Stewart (age 50), President, CEO & Director, per Nexqual as of June 10, 2026 at 02:16 UTC.
| President, CEO & Director | Shawn Stewart (age 50) |
|---|---|
| Executive Chairman | Jérôme Jean-Pierre Lorrain (age 48) |
| Chief Financial Officer | Jamie G. Pierson (age 55) |
| Senior Vice President of Treasury & Investor Relations | Anthony Carreno |
| President of U.S. & Canada Operations | Timothy R. Osborne (age 60) |
Major Backers & Investors (FWRD)
Notable institutional backers of Forward Air Corp include Clearlake Capital Group, LP, Fidelity, Irenic Capital Management LP , according to Nexqual as of June 10, 2026 at 02:16 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Clearlake Capital Group, LP | 12.09% |
| Fidelity | 4.44% |
| Irenic Capital Management LP | 3.89% |
| Private Management Group, Inc. | 3.65% |
| FMR, LLC | 3.44% |
| Paralel Advisors Llc | 3.08% |
| SRH Total Return Fund, Inc. | 3.08% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 17.63% |
| Vanguard Group | 10.17% |
| State Street | 3.33% |
Source: Nexqual, June 10, 2026 at 02:16 UTC.
From Forward Air Corp's Latest SEC 10-K Filing (filed 2026-03-11)
Key Strengths & Strategy (as disclosed to the SEC)
- 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.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| HUBG | Hub Group, Inc. | USD 44.86 | ▲ 4.5% |
| HTLD | Heartland Express, Inc. | USD 16.01 | ▲ 1.72% |
| LSTR | Landstar System, Inc. | USD 223.46 | ▲ 2.48% |
| WERN | Werner Enterprises, Inc. | USD 43.5 | ▲ 0.09% |
| MRTN | Marten Transport, Ltd. | USD 18.03 | ▲ 1.58% |
Data source: Nexqual — real-time market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: June 10, 2026 at 02:16 UTC. This page is informational and not investment advice.