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FWRD NASDAQ

Forward Air Corporation
1W: -1.6% 1M: +2.6% 3M: +2.0% YTD: -40.0% 1Y: -20.5% 3Y: -80.1% 5Y: -82.3%
$15.14
+0.06 (+0.40%)
After Hours: $15.25 (+0.11, +0.73%)
Weekly Expected Move ±6.6%
$13 $14 $15 $16 $17
NASDAQ · Industrials · Integrated Freight & Logistics · Tech Score Sell · Power 40 · $509.4M mcap · 27M float · 4.25% daily turnover · Short 60% of daily vol
Credit Risk of going bust: higher than 94% of companies Debt: 80.6% of company value Bonds: $148.2M held by 79 funds, 555 bp over Treasuries → details ▾
Of US companies ranked in the riskiest tenth, about 1 in 20 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $4.36 (down 71%), Forward Air Corporation would be worth roughly what it owes.
Total debt $2.11B against a stock market value of $509.4M.
Distance to default 1.01 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $846.7M (short-term plus half of long-term), stock volatility 91.7%; Altman Z'' -1.33. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Oct Typical
🌧️
Rainy
-4.1% YTD avg
Midterm Year
☁️
Cloudy
-0.6% YTD avg
2026 Now
⛈️
Stormy
Below typical
20yr Avg YTD
-4.1%
Day 206 of 252
Midterm Year YTD
-0.6%
Presidential cycle avg
2026 YTD
-39.8%
Below 20yr avg
Typical Vol
42%
Annualized
Monthly Weather Forecast
Jan
20yr
🌧️
-0.7%
Midterm
☁️
-0.5%
50% win 34% vol
Feb
20yr
⛈️
-3.9%
Midterm
⛈️
-5.3%
40% win 44% vol
Mar
20yr
⛈️
-3.0%
Midterm
🌧️
-2.7%
55% win 46% vol
Apr
20yr
⛈️
-3.9%
Midterm
☁️
+0.4%
40% win 55% vol
May
20yr
⛈️
-2.3%
Midterm
☁️
+0.1%
55% win 65% vol
Jun
20yr
💨
-0.3%
Midterm
⛅
+2.6%
55% win 37% vol
Jul
20yr
💨
+0.7%
Midterm
☁️
+0.5%
65% win 41% vol
Aug
20yr
⛈️
-2.0%
Midterm
🌧️
-3.5%
50% win 48% vol
Sep
20yr
🌧️
-5.5%
Midterm
☁️
-0.1%
35% win 35% vol
Oct
20yr
💨
-3.0%
Midterm
☁️
+0.5%
57% win 42% vol
Now: -0.7%
Nov
20yr
💨
+1.5%
Midterm
⛅
+4.6%
70% win 40% vol
Dec
20yr
🌫️
+0.0%
Midterm
🌧️
-6.0%
50% win 33% vol
Seasonality (20yr)
Updated: 2026-10-27
YTD: -39.8%

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms