Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Hot Stocks
Forward Air raises quarterly dividend 16.7% to 21c per share » 16:23
10/29/20
10/29
16:23
10/29/20
16:23
FWRD

Forward Air

$61.61 /

+1.61 (+2.68%)

The dividend is payable…

The dividend is payable to shareholders of record at the close of business on November 25, 2020 and is expected to be paid on December 10, 2020.

ShowHide Related Items >><<
FWRD Forward Air
$61.61 /

+1.61 (+2.68%)

FWRD Forward Air
$61.61 /

+1.61 (+2.68%)

09/29/20
Fly Intel: Top five analyst upgrades
09/29/20 Raymond James
Forward Air upgraded to Outperform from Market Perform at Raymond James
09/29/20 Raymond James
Forward Air upgraded to Outperform from Market Perform at Raymond James
06/09/20 Wolfe Research
Forward Air upgraded to Peer Perform from Underperform at Wolfe Research
FWRD Forward Air
$61.61 /

+1.61 (+2.68%)

Earnings
Forward Air reports Q3 EPS 61c, consensus 43c » 16:22
10/29/20
10/29
16:22
10/29/20
16:22
FWRD

Forward Air

$61.61 /

+1.61 (+2.68%)

Reports Q3 revenue $332M,…

Reports Q3 revenue $332M, consensus $322.27M. Tom Schmitt, Chairman, President and CEO, commenting on the Company's third quarter results said, "During the third quarter our teams did a great job of continuing to restore volumes in response to COVID-19. To support our efforts to grow our fleet and enhance our network capabilities, we implemented several pricing actions during the back half of the quarter which will drive continued improvements in our operational performance and shipment-level profitability."

ShowHide Related Items >><<
FWRD Forward Air
$61.61 /

+1.61 (+2.68%)

FWRD Forward Air
$61.61 /

+1.61 (+2.68%)

09/29/20
Fly Intel: Top five analyst upgrades
09/29/20 Raymond James
Forward Air upgraded to Outperform from Market Perform at Raymond James
09/29/20 Raymond James
Forward Air upgraded to Outperform from Market Perform at Raymond James
06/09/20 Wolfe Research
Forward Air upgraded to Peer Perform from Underperform at Wolfe Research
FWRD Forward Air
$61.61 /

+1.61 (+2.68%)

Over a month ago
Hot Stocks
Forward Air to acquire assets of Value Logistics for $2.25M » 16:32
10/05/20
10/05
16:32
10/05/20
16:32
FWRD

Forward Air

$59.95 /

+0.73 (+1.23%)

Forward Air announced…

Forward Air announced that it has entered into an agreement to acquire the assets of Value Logistics, a privately held intermodal drayage provider for $2.25M. Value Logistics generates approximately $6M in annual revenue. The transaction will be funded from cash on hand and will close in October. Headquartered in Memphis, Tennessee, Value Logistics has been in business since 1996. Since then, the company has shown steady growth and currently operates with 20 employees and approximately 30 independent contractors. The acquisition of value logistics makes Forward a provider of intermodal drayage in the Memphis market, a key expansion in the company's strategic growth plan.

ShowHide Related Items >><<
FWRD Forward Air
$59.95 /

+0.73 (+1.23%)

FWRD Forward Air
$59.95 /

+0.73 (+1.23%)

09/29/20
Fly Intel: Top five analyst upgrades
09/29/20 Raymond James
Forward Air upgraded to Outperform from Market Perform at Raymond James
09/29/20 Raymond James
Forward Air upgraded to Outperform from Market Perform at Raymond James
06/09/20 Wolfe Research
Forward Air upgraded to Peer Perform from Underperform at Wolfe Research
FWRD Forward Air
$59.95 /

+0.73 (+1.23%)

Upgrade
Fly Intel: Top five analyst upgrades » 09:54
09/29/20
09/29
09:54
09/29/20
09:54
D

Dominion

$78.70 /

+1.56 (+2.02%)

, HSY

Hershey

$141.71 /

+1.37 (+0.98%)

, SQ

Square

$165.06 /

+4.3 (+2.67%)

, RH

RH

$372.50 /

+11.84 (+3.28%)

, FWRD

Forward Air

$58.50 /

+2.09 (+3.71%)

Catch up on today's…

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Dominion (D) upgraded to Overweight from Neutral at JPMorgan with analyst Jeremy Tonet saying U.S. utilities are "ideally situated" to capitalize on state environmental policies that continue to increase and accelerate renewable energy initiatives. 2. Hershey (HSY) upgraded to Outperform from Market Perform at BMO Capital with analyst Kenneth Zaslow saying despite an ongoing valuation premium to its food peers, Hershey has become a "compelling investment." 3. Square (SQ) upgraded to Outperform from Peer Perform at Wolfe Research. 4. RH (RH) upgraded to Outperform from Market Perform at Cowen with analyst Max Rakhlenko saying he is constructive on RH's transformation and sees upside to the company's long-term targets on revenue. 5. Forward Air (FWRD) upgraded to Outperform from Market Perform at Raymond James with analyst Patrick Tyler Brown saying he views Forward as uniquely positioned to capitalize on a tightening freight market and a robust LTL pricing backdrop, anchored by its accelerating LTL door-door expansion, primarily focused on time sensitive LTL freight. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
SQ Square
$165.06 /

+4.3 (+2.67%)

RH RH
$372.50 /

+11.84 (+3.28%)

HSY Hershey
$141.71 /

+1.37 (+0.98%)

FWRD Forward Air
$58.50 /

+2.09 (+3.71%)

D Dominion
$78.70 /

+1.56 (+2.02%)

D Dominion
$78.70 /

+1.56 (+2.02%)

09/29/20 JPMorgan
JPMorgan upgrades Dominion to Overweight on green growth potential
09/29/20 JPMorgan
Dominion upgraded to Overweight from Neutral at JPMorgan
08/24/20 Guggenheim
Guggenheim cuts Eversource to Neutral, prefers Dominion as offshore wind play
08/17/20 Argus
Dominion downgraded to Hold from Buy at Argus
HSY Hershey
$141.71 /

+1.37 (+0.98%)

09/29/20 BMO Capital
Hershey upgraded to Outperform from Market Perform at BMO Capital
07/24/20 Evercore ISI
Hershey upgraded to Outperform from In Line at Evercore ISI
04/24/20
Fly Intel: Top five analyst downgrades
04/24/20 BMO Capital
Hershey price target lowered to $140 from $150 at BMO Capital
SQ Square
$165.06 /

+4.3 (+2.67%)

09/29/20 Wolfe Research
Square upgraded to Outperform from Peer Perform at Wolfe Research
09/28/20 Credit Suisse
Square price target raised to $175 from $170 at Credit Suisse
09/24/20
Fly Intel: Top five analyst upgrades
09/24/20 Oppenheimer
Square upgraded to Outperform upon re-assumption of coverage at Oppenheimer
RH RH
$372.50 /

+11.84 (+3.28%)

09/29/20 Cowen
Cowen upgrades RH to Outperform with transformation in 'earlier innings'
09/29/20 Cowen
RH upgraded to Outperform from Market Perform at Cowen
09/10/20 JPMorgan
RH price target raised to $440 from $370 at JPMorgan
09/10/20 Loop Capital
RH price target raised to $400 from $300 at Loop Capital
FWRD Forward Air
$58.50 /

+2.09 (+3.71%)

09/29/20 Raymond James
Forward Air upgraded to Outperform from Market Perform at Raymond James
09/29/20 Raymond James
Forward Air upgraded to Outperform from Market Perform at Raymond James
06/09/20 Wolfe Research
Forward Air upgraded to Peer Perform from Underperform at Wolfe Research
03/27/20 Wolfe Research
Forward Air downgraded to Underperform from Peer Perform at Wolfe Research
SQ Square
$165.06 /

+4.3 (+2.67%)

RH RH
$372.50 /

+11.84 (+3.28%)

HSY Hershey
$141.71 /

+1.37 (+0.98%)

FWRD Forward Air
$58.50 /

+2.09 (+3.71%)

D Dominion
$78.70 /

+1.56 (+2.02%)

SQ Square
$165.06 /

+4.3 (+2.67%)

RH RH
$372.50 /

+11.84 (+3.28%)

HSY Hershey
$141.71 /

+1.37 (+0.98%)

D Dominion
$78.70 /

+1.56 (+2.02%)

SQ Square
$165.06 /

+4.3 (+2.67%)

RH RH
$372.50 /

+11.84 (+3.28%)

HSY Hershey
$141.71 /

+1.37 (+0.98%)

D Dominion
$78.70 /

+1.56 (+2.02%)

SQ Square
$165.06 /

+4.3 (+2.67%)

RH RH
$372.50 /

+11.84 (+3.28%)

D Dominion
$78.70 /

+1.56 (+2.02%)

Upgrade
Forward Air upgraded to Outperform from Market Perform at Raymond James » 07:06
09/29/20
09/29
07:06
09/29/20
07:06
FWRD

Forward Air

$56.41 /

+1.13 (+2.04%)

Raymond James analyst…

Raymond James analyst Patrick Tyler Brown upgraded Forward Air to Outperform from Market Perform. Brown views Forward as uniquely positioned to capitalize on a tightening freight market and a robust LTL pricing backdrop, anchored by its accelerating LTL door-door expansion, primarily focused on time sensitive LTL freight. While the analyst appreciates the outsized negative impact from COVID disruption on Forward's 1H20 volumes given its leverage to non-essential freight, he stressed that management is by no means "standing still."

ShowHide Related Items >><<
FWRD Forward Air
$56.41 /

+1.13 (+2.04%)

FWRD Forward Air
$56.41 /

+1.13 (+2.04%)

09/29/20 Raymond James
Forward Air upgraded to Outperform from Market Perform at Raymond James
06/09/20 Wolfe Research
Forward Air upgraded to Peer Perform from Underperform at Wolfe Research
03/27/20 Wolfe Research
Forward Air downgraded to Underperform from Peer Perform at Wolfe Research
FWRD Forward Air
$56.41 /

+1.13 (+2.04%)

Upgrade
Forward Air upgraded to Outperform from Market Perform at Raymond James » 04:51
09/29/20
09/29
04:51
09/29/20
04:51
FWRD

Forward Air

$56.41 /

+1.13 (+2.04%)

Raymond James analyst…

Raymond James analyst Tyler Brown upgraded Forward Air to Outperform from Market Perform with a $65 price target.

ShowHide Related Items >><<
FWRD Forward Air
$56.41 /

+1.13 (+2.04%)

FWRD Forward Air
$56.41 /

+1.13 (+2.04%)

06/09/20 Wolfe Research
Forward Air upgraded to Peer Perform from Underperform at Wolfe Research
03/27/20 Wolfe Research
Forward Air downgraded to Underperform from Peer Perform at Wolfe Research
FWRD Forward Air
$56.41 /

+1.13 (+2.04%)

Hot Stocks
Forward Air to acquire CLW Delivery for $5.5M » 09:04
09/16/20
09/16
09:04
09/16/20
09:04
FWRD

Forward Air

$57.50 /

+1.2 (+2.13%)

Forward Air announced…

Forward Air announced that it has entered into an agreement to acquire the assets of CLW Delivery, or CLW, a privately held final mile provider for $5.5M. CLW generates $20M in annual revenue. The transaction will be funded from cash on hand and will close in October. The acquisition of CLW supports the company's strategic growth plan by expanding the footprint of Forward's Final Mile business into an additional 14 markets. With this acquisition, along with FSA Logistix and Linn Star Transfer in 2019,

ShowHide Related Items >><<
FWRD Forward Air
$57.50 /

+1.2 (+2.13%)

FWRD Forward Air
$57.50 /

+1.2 (+2.13%)

06/09/20 Wolfe Research
Forward Air upgraded to Peer Perform from Underperform at Wolfe Research
03/27/20 Wolfe Research
Forward Air downgraded to Underperform from Peer Perform at Wolfe Research
FWRD Forward Air
$57.50 /

+1.2 (+2.13%)

Over a quarter ago
Hot Stocks
Forward Air to increase California surcharge by 5% » 10:02
08/20/20
08/20
10:02
08/20/20
10:02
FWRD

Forward Air

$58.24 /

+ (+0.00%)

Forward announces a 5%…

Forward announces a 5% increase on its California surcharge. The surcharge will be applied to all origin California shipments tendered on or after Sept. 1. A dramatic increase in imports from Asia into California has created a strain on the supply chain, leading to difficulties in taking delivery of containers at the ports, chassis shortages at the terminals and delays in returning empty containers. This pressure has led to increased operating costs.

ShowHide Related Items >><<
FWRD Forward Air
$58.24 /

+ (+0.00%)

FWRD Forward Air
$58.24 /

+ (+0.00%)

06/09/20 Wolfe Research
Forward Air upgraded to Peer Perform from Underperform at Wolfe Research
03/27/20 Wolfe Research
Forward Air downgraded to Underperform from Peer Perform at Wolfe Research
FWRD Forward Air
$58.24 /

+ (+0.00%)

Earnings
Forward Air sees Q3 EPS 40c-44c,consensus 35c  16:39
07/30/20
07/30
16:39
07/30/20
16:39
FWRD

Forward Air

$52.94 /

+0.08 (+0.15%)

 
ShowHide Related Items >><<
FWRD Forward Air
$52.94 /

+0.08 (+0.15%)

FWRD Forward Air
$52.94 /

+0.08 (+0.15%)

06/09/20 Wolfe Research
Forward Air upgraded to Peer Perform from Underperform at Wolfe Research
03/27/20 Wolfe Research
Forward Air downgraded to Underperform from Peer Perform at Wolfe Research
FWRD Forward Air
$52.94 /

+0.08 (+0.15%)

Earnings
Forward Air reports Q2 EPS 33c, consensus 12c » 16:39
07/30/20
07/30
16:39
07/30/20
16:39
FWRD

Forward Air

$52.94 /

+0.08 (+0.15%)

Reports Q2 revenue…

Reports Q2 revenue $281.7M, consensus $276.66M. Reports Q2 operating margin 4.9% vs. 9.6% last year. Tom Schmitt, Chairman, President and CEO, commenting on the Company's second quarter results said, "I could not be more proud of our teams for stepping up in a huge way for our customers, bringing them back up from April lows in the toughest circumstances with record service levels. By June our top and bottom lines were ahead of last year on a continuing operations basis and were comparable to last year when adjusted for one-time items."

ShowHide Related Items >><<
FWRD Forward Air
$52.94 /

+0.08 (+0.15%)

FWRD Forward Air
$52.94 /

+0.08 (+0.15%)

06/09/20 Wolfe Research
Forward Air upgraded to Peer Perform from Underperform at Wolfe Research
03/27/20 Wolfe Research
Forward Air downgraded to Underperform from Peer Perform at Wolfe Research
FWRD Forward Air
$52.94 /

+0.08 (+0.15%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.