Company profile

FWRD stock data

(
)

Calendar

30 Oct 20
31 Oct 20
31 Dec 20

News

Quarter (USD) Sep 20 Jun 20 Mar 20 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Forward Air earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
9 Sep 20 Bonebrake Valerie A Dividend Equivalent Rights Common Stock Grant Aquire A No 0 14.123 0 53.881
9 Sep 20 Allen Ronald W Dividend Equivalent Rights Common Stock Grant Aquire A No 0 14.123 0 53.881
9 Sep 20 Campbell C Robert Dividend Equivalent Rights Common Stock Grant Aquire A No 0 16.501 0 734.788
2 Sep 20 Mitchin Kyle R Common Stock Sell Dispose S No 59.7629 4,793 286.44K 11,742.135
2 Sep 20 Mitchin Kyle R Common Stock Option exercise Aquire M No 45.34 5,000 226.7K 16,535.135
2 Sep 20 Mitchin Kyle R Stock Option Common Stock Option exercise Dispose M No 45.34 5,000 226.7K 0
1 Sep 20 Jewell Matthew J Common Stock Sell Dispose S No 59.8975 3,846 230.37K 49,460.554
1 Sep 20 Jewell Matthew J Common Stock Option exercise Aquire M No 50.71 3,846 195.03K 53,306.554
1 Sep 20 Jewell Matthew J Stock Option Common Stock Option exercise Dispose M No 50.71 3,846 195.03K 0
95.0% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 203 212 -4.2%
Opened positions 29 22 +31.8%
Closed positions 38 43 -11.6%
Increased positions 68 76 -10.5%
Reduced positions 80 84 -4.8%
13F shares
Current Prev Q Change
Total value 3.37B 6.72B -49.8%
Total shares 26.59M 26.76M -0.6%
Total puts 21.8K 22.8K -4.4%
Total calls 3K 7.5K -60.0%
Total put/call ratio 7.3 3.0 +139.0%
Largest owners
Shares Value Change
BLK BlackRock 4.3M $214.06M +6.4%
Vanguard 2.93M $145.82M -1.7%
ArrowMark Colorado 1.34M $66.66M +7.1%
Dimensional Fund Advisors 1.28M $63.61M +1.4%
NEU Neuberger Berman 1.21M $60.51M +6.3%
Wellington Management 1.13M $56.49M -2.1%
SAMG Silvercrest Asset Management 1.07M $53.18M +2.5%
Victory Capital Management 1.03M $51.26M +1.7%
Clearbridge Advisors 994.89K $49.57M +0.3%
STT State Street 934.85K $46.57M +2.1%
Largest transactions
Shares Bought/sold Change
MS Morgan Stanley 104.59K -350.79K -77.0%
BLK BlackRock 4.3M +259.17K +6.4%
Millennium Management 113.74K -131.43K -53.6%
GS Goldman Sachs 44.98K -127.66K -73.9%
Martingale Asset Management L P 112.71K +112.71K NEW
ArrowMark Colorado 1.34M +88.16K +7.1%
Ancora Advisors 77.65K +77.65K NEW
NEU Neuberger Berman 1.21M +72.3K +6.3%
Renaissance Technologies 154.94K +67.5K +77.2%
SG Americas Securities 19.07K -65.93K -77.6%

Financial report summary

?
Risks
  • Overall economic conditions that reduce freight volumes could have a material adverse impact on our operating results and ability to achieve growth.
  • We may have difficulty effectively managing our growth, which could adversely affect our business, results of operations and financial condition.
  • We have grown and may grow, in part, through acquisitions, which involve various risks, and we may not be able to identify or acquire companies consistent with our growth strategy or successfully integrate acquired businesses into our operations.
  • If we have difficulty attracting and retaining owner-operators or freight handlers, or are unable to contract with a sufficient number of third-party carriers to supplement our owner-operator fleet, our profitability and results of operations could be adversely affected.
  • A determination by regulators that our independent owner-operators are employees rather than independent contractors could expose us to various liabilities and additional ongoing expenses, and related litigation can subject us to substantial costs, which could have a material adverse effect on our results of operations and our financial condition.
  • If we fail to maintain our information technology systems, or if we fail to successfully implement new technology or enhancements, we may be at a competitive disadvantage and experience a decrease in revenues.
  • Our business is subject to cybersecurity risks.
  • Our results of operations will be materially and adversely affected if our new service offerings do not gain market acceptance or result in the loss of our current customer base.
  • Claims for property damage, personal injuries or workers’ compensation and related expenses could significantly reduce our earnings.
  • We face risks related to self-insurance and third-party insurance that can be volatile to our earnings.
  • Volatility in fuel prices, shortages of fuel or the ineffectiveness of our fuel surcharge program can have a material adverse effect on our results of operations and profitability.
  • Because a portion of our network costs are fixed, any factors that result in a decrease in the volume or revenue per pound of freight shipped through our networks will adversely affect our results of operations.
  • We derive a significant portion of our revenue from a few major customers, the loss of one or more of which could have a material adverse effect on our business.
  • We operate in highly competitive and fragmented segments of our industry, and our business will suffer if we are unable to adequately address downward pricing pressures and other factors that may adversely affect our results of operations, growth prospects and profitability.
  • We could be required to record a material non-cash charge to income if our recorded intangible assets or goodwill are determined to be impaired.
  • We are dependent on our senior management team and other key employees, and the loss of any such personnel could materially and adversely affect our business, operating results and financial condition.
  • Our business is subject to seasonal trends.
  • Our results of operations may be affected by harsh weather conditions, disasters and pandemics.
  • We operate in a regulated industry, and increased costs of compliance with, or liability for violation of, existing or future regulations and enforcement could have a material adverse effect on our business.
  • We are subject to various environmental laws and regulations, and costs of compliance with, or liabilities for violations of, existing or future laws and regulations could significantly increase our costs of doing business.
  • The FMCSA’s CSA initiative could adversely impact our ability to hire qualified drivers or contract with qualified owner-operators or third-party carriers, meet our growth projections and maintain our customer relationships, each of which could adversely impact our results of operations.
  • If our employees were to unionize, our operating costs would likely increase.
  • Our charter and bylaws and provisions of Tennessee law could discourage or prevent a takeover that may be considered favorable.
  • Our financing costs may be adversely affected by changes in LIBOR.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: aggressively, capita, Certification, CFR, CLW, Columbia, confidence, counsel, defending, difficult, discretionary, distancing, duly, dynamic, Exhibit, Extension, formatted, impede, inline, instance, interactive, Label, lifted, likelihood, Linkbase, Michael, minimize, Missouri, MorrisChief, Occasionally, outcome, Page, parent, phased, presidential, Preventative, priority, reevaluating, registrant, reintegration, Release, remotely, Roanoke, Rule, Schema, Taxonomy, thereunto, threatened, top, undersigned, unemployment, valid, vigorously, workplace, workspace, XBRL
Removed: improvement, recovery, slightly