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FWRD · Forward Air Corp

Track FWRD — free
$16.46 +0.08 (+0.49%)
Market Cap
$556.71M
Shares
33.78M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$16.38 Open$16.95 Day$16.27–17.13 52W close$8.31–30.38 Avg vol 30d611K Short int2.1M · 6.1% float · 3.0d Short vol50% Last earningsAug 5, 2026 DataJan 2020–Sep 2026 Filing10-Q · Aug 5

Up next

Next earnings call
Nov 1, 2026 Est · unconfirmed · in 9 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Aug 5, 2026

Equibles Rating

blended score · not investment advice
Overall
Sell
SellHoldBuy
Technical Neutral Momentum Weak Sentiment Neutral Fundamentals Strong Quant / Vol Very High
Market backdrop VIX 16.3 · calm Equity put/call 0.67
Technical
price trend
Neutral
50 / 200-day cross No cross
Price vs 200-day avg −16%
below
Price vs 50-day avg +5%
above
RSI (14) 45
neutral
MACD trend Negative
52-week position 37%
mid-range
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Weak
1-month return +7%
trailing
6-month return −11%
trailing
YTD return −34%
this year
Relative strength −24%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $16 › 200d $19 — 200d above 50d
Institutional flow Distributing
-2% holders QoQ · +47 funds added
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
6.15% of float · ▼ -9.9% MoM · 3.0 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
188 holders — mid 1-yr range
Squeeze score 66
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 85%
annualized · 1-yr
Max drawdown −73%
past year
ATR 5.7%
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 Neutral
2 · 4 · 1
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−16% Bearish
Price vs 50-day avg
+5% Bullish
RSI (14)
45 Neutral
MACD trend
Negative Bearish
52-week position
37% Neutral
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross) No cross
50d $16 › 200d $19 — 200d above 50d
Institutional flow Distributing
-2% holders QoQ · +47 funds added
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
6.15% of float · ▼ -9.9% MoM · 3.0 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
188 holders — mid 1-yr range
Price context
position in its 52-week range
Range low $8 Now $16 · 37% Range high $30
vs 200-day avg -16% vs 50-day avg +5%

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

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
$556.71M -34.5% +4.5% 6.1%
UPS
United Parcel Service Inc
$89.61B +3.5% +8.2% 3.1%
FDX
Fedex Corp
$76.01B +8.5% 2.1%
EXPD
Expeditors International Of Washington Inc
$24.43B +26.0% +13.5% 27.3 3.3%
JBHT
Hunt J B Transport Services Inc
$24.09B +32.0% +9.7% 36.4 3.0%

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
188
% held
95.5%
Net QoQ
+1.2M sh
Top holder
CLEARLAKE CAPITAL GROUP,…
Held Float
View
Held by Funds
Fund positions
163
View
Short & Settlement
Short Interest Falling
Shares short
2.1M
Days to cover
3.0d
Change
-228.4K sh
View
Short Volume
Short vol %
50%
As of
Sep 1, 2026
Short Total
View
Fails to Deliver
FTD shares
476
Value
$8.9K
As of
Aug 11, 2026
View
Off-Exchange
Off-exchange %
37.0%
Week of
Jul 27, 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
Aug 5, 2026
This year
11
View
Earnings & Events
Earnings Calls
Last call
Aug 5, 2026
View

Performance

5D 20D 120D MTD YTD
FWRD -5.9% +7.1% -10.9% -3.7% -34.5%
SPY -0.5% -1.2% +12.6% -0.7% +11.7%
vs SPY -5.4% +8.3% -23.6% -3.0% -46.2%

Capital returns

Latest dividend
$0.24 / share · ex Nov 21, 2023
Raised 14.3%
Paid (TTM)
$0.00 / share · 0 payouts
Dividend yield (TTM, derived)
· no payout in the trailing year
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) 162 filings 159 filers Visit website Investor relations