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FWRD · Forward Air Corp

$13.75 +0.20 (+1.48%) At close · Jul 17
Market Cap
$434.84M
Shares
31,625,046

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$13.75 Open$13.41 Day$13.30–13.80 52W$7.86–32.47 Avg vol 30d1.1M Short int2.4M · 7.4% float · 1.5d Short vol39% Last earningsAug 5, 2026 DataJan 2020–Jul 2026 Filing10-Q · May 11
Up next
Next earnings call
Aug 5, 2026 Scheduled · in 3 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed May 11, 2026
AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Equibles Rating blended score · not investment advice
      Overall
      Sell
      SellHoldBuy
      Technical Sell Momentum Very Weak Sentiment Bullish Fundamentals Strong Quant / Vol Very High
      Market backdrop VIX 18.8 · elevated Equity put/call 0.73
      Technical
      price trend
      Sell
      50 / 200-day cross No cross
      Price vs 200-day avg −32%
      below
      Price vs 50-day avg +15%
      above
      RSI (14) 55
      neutral
      MACD trend Negative
      52-week position 24%
      mid-range
      Momentum
      relative strength
      Very Weak
      1-month return +1%
      trailing
      6-month return −51%
      trailing
      YTD return −45%
      this year
      Relative strength −58%
      vs S&P · 6-mo
      Sentiment
      smart money
      Bullish
      Trend (MA cross) No cross
      50d $12 › 200d $20 — 200d above 50d
      Institutional flow Accumulating
      12 of 190 funds reported for Jun 30 · net +89.1K sh shares · +2 new
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      7.45% of float · ▼ -23.8% MoM · 1.5 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      190 holders — mid 1-yr range
      Squeeze score 62
      elevated · 0–100
      Fundamentals
      Strong
      Revenue growth +4%
      Y/Y
      EPS growth +89%
      Y/Y
      Free cash flow $129.9M
      Balance sheet $1.6B
      net debt
      Quant / Vol
      risk profile
      Very High
      Volatility 80%
      annualized · 1-yr
      Max drawdown −74%
      past year
      ATR 7.2%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Technicals

      trend & momentum for long-term holders Sell
      2 · 3 · 1
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      −32% Bearish
      Price vs 50-day avg
      +15% Bullish
      RSI (14)
      55 Neutral
      MACD trend
      Negative Bearish
      52-week position
      24% Neutral
      Market signals — smart money & positioning
      Bullish · 2 of 6
      Trend (MA cross) No cross
      50d $12 › 200d $20 — 200d above 50d
      Institutional flow Accumulating
      12 of 190 funds reported for Jun 30 · net +89.1K sh shares · +2 new
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      7.45% of float · ▼ -23.8% MoM · 1.5 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      190 holders — mid 1-yr range
      Price context
      position in its 52-week range
      52-wk low $8 Now $14 · 24% 52-wk high $32
      vs 200-day avg -32% vs 50-day avg +15%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from its earnings releases, calls, and filings
      Metric Latest Period YoY
      Availability under credit facility $261M End of first quarter 2026
      Cash $141M End of first quarter 2026
      Consolidated EBITDA (last twelve months) non-GAAP $304M Last twelve months ended March 31, 2026
      Free cash flow non-GAAP $40,220K Three Months Ended March 31, 2026
      consolidated EBITDA non-GAAP 70M Q1 call

      Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file

      Versus peers

      Integrated Freight & Logistics — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      FWRD
      Forward Air Corp
      this stock
      $434.84M -45.0% +4.5% 7.4%
      UPS
      United Parcel Service Inc
      $100.06B +20.3% +8.2% 19.1 2.7%
      FDX
      Fedex Corp
      $74.68B +35.5% +8.5% 20.8 2.4%
      JBHT
      Hunt J B Transport Services Inc
      $27.48B +50.2% +0.4% 45.3 3.3%
      CHRW
      C. H. Robinson Worldwide, Inc.
      $24.58B +30.1% +13.1% 42.2 6.9%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      191
      % held
      95.6%
      Reported
      12 of 190
      Top holder
      CLEARLAKE CAPITAL GROUP,…
      Held Float
      View
      Held by Funds
      Fund positions
      192
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      2.4M
      Days to cover
      1.5d
      Change
      -737.3K sh
      View
      Short Volume
      Short vol %
      39%
      As of
      Jul 17, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      176.5K
      Value
      $2.4M
      As of
      Jun 23, 2026
      View
      Off-Exchange
      Off-exchange %
      46.0%
      Week of
      May 4, 2026
      Off-exch Lit
      View
      Financials
      Financials
      Revenue (FY)
      $2.5B
      Net income (FY)
      $-107.8M
      EPS diluted
      $-3.51
      View
      Buybacks
      Authorized
      shares 5.0M
      Remaining
      shares 1.3M
      Spent Remaining
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Jul 10, 2026
      This year
      8
      View
      Earnings & Events
      Earnings Calls Upcoming
      Next call
      Aug 5, 2026
      Last call
      May 7, 2026
      View
      Investor Relations
      Upcoming events
      1
      View

      Performance

      5D 20D 120D MTD YTD
      FWRD +2.8% +1.4% -50.5% +1.8% -45.0%
      SPY -1.5% +0.3% +7.8% -0.5% +9.0%
      vs SPY +4.3% +1.1% -58.4% +2.3% -54.0%

      Capital returns

      Buyback program · as of Dec 31, 2025
      Authorized
      shares 5.00M
      Spent (derived)
      shares 3.65M
      Remaining
      shares 1.35M
      Spent Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 912728 CUSIP 34986A104 13F (30d) 15 filings 14 filers Visit website Investor relations