On 2016-07-22, Forward Air Corporation (NASDAQ:FWRD) confirmed the dividend disbursement of $0.12 a share to shareholders as on record 2016-08-22. The firm will release dividend on 2016-09-06 while ex-dividend date is reported to be 2016-08-18.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Forward Air Corporation (NASDAQ:FWRD) paid a total of $0.12 per share in dividends. This figure stood at $0.12 a share in the same period a year ago indicating a deviation of 0%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $51.75 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $55 and $50, respectively.
Taking the mathematical rating formula, the price for Forward Air Corporation (NASDAQ:FWRD) stands at 2.13. Earnings Review Forward Air Corporation (NASDAQ:FWRD) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $0.63.
Coming to the quarter ending on 2015-12-31, Forward Air Corporation (NASDAQ:FWRD) recorded EPS of $0.57. The reported numbers came lower than the analysts’ estimates of $0.58, demonstrating a miss of $-0.01 as against reported figures.
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