Landstar System (LSTR) Expected to Announce Earnings on Tuesday

Landstar System (NASDAQ:LSTR - Get Free Report) is projected to release its Q2 2025 earnings data after the market closes on Tuesday, July 29th. Analysts expect Landstar System to post earnings of $1.15 per share and revenue of $1.21 billion for the quarter.

Landstar System (NASDAQ:LSTR - Get Free Report) last issued its earnings results on Tuesday, May 13th. The transportation company reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by ($0.07). The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.13 billion. Landstar System had a net margin of 3.72% and a return on equity of 18.23%. The firm's revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period last year, the business posted $1.32 EPS. On average, analysts expect Landstar System to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Landstar System Price Performance

LSTR traded up $0.53 on Friday, hitting $141.43. 161,239 shares of the company's stock traded hands, compared to its average volume of 366,402. The company's 50 day simple moving average is $139.87 and its 200-day simple moving average is $148.14. The firm has a market cap of $4.94 billion, a price-to-earnings ratio of 28.04 and a beta of 0.88. Landstar System has a one year low of $128.99 and a one year high of $196.86. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.07.

Landstar System Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Shareholders of record on Thursday, June 5th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend was Thursday, June 5th. This is a boost from Landstar System's previous quarterly dividend of $0.36. Landstar System's dividend payout ratio (DPR) is currently 31.68%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Benchmark restated a "hold" rating on shares of Landstar System in a report on Monday, April 14th. Truist Financial cut their price target on Landstar System from $150.00 to $135.00 and set a "hold" rating for the company in a report on Thursday, April 24th. Robert W. Baird assumed coverage on Landstar System in a report on Tuesday, July 1st. They set an "outperform" rating and a $166.00 price target for the company. Baird R W upgraded Landstar System to a "strong-buy" rating in a report on Tuesday, July 1st. Finally, TD Cowen cut their price target on Landstar System from $161.00 to $145.00 and set a "hold" rating for the company in a report on Thursday, April 3rd. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $151.31.

Hedge Funds Weigh In On Landstar System

A number of large investors have recently bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Landstar System by 13.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 142,341 shares of the transportation company's stock valued at $21,380,000 after acquiring an additional 16,698 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Landstar System by 57.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 138,009 shares of the transportation company's stock worth $20,729,000 after acquiring an additional 50,142 shares in the last quarter. Empowered Funds LLC raised its position in shares of Landstar System by 38.3% in the 1st quarter. Empowered Funds LLC now owns 4,687 shares of the transportation company's stock worth $704,000 after acquiring an additional 1,298 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Landstar System by 9.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 3,767 shares of the transportation company's stock worth $566,000 after acquiring an additional 336 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its position in shares of Landstar System by 132.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 249 shares of the transportation company's stock worth $37,000 after acquiring an additional 142 shares in the last quarter. Hedge funds and other institutional investors own 97.95% of the company's stock.

Landstar System Company Profile

Landstar System, Inc provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. It operates through two segments: Transportation Logistics and Insurance. The Transportation Logistics segment offers a range of transportation services, including truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, U.S.-Canada and U.S.-Mexico cross-border, intra-Mexico, intra-Canada, project cargo, and customs brokerage, as well as offers transportation services to other transportation companies, such as third party logistics and less-than-truckload services.