Landstar System Stock Price, News & Analysis (NASDAQ:LSTR)

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Landstar System in the last year. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" LSTR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LSTR, but not buy additional shares or sell existing shares.
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7 analysts have issued 12-month target prices for Landstar System's shares. Their LSTR share price targets range from $145.00 to $215.00. On average, they expect the company's stock price to reach $187.11 in the next year. This suggests a possible upside of 4.5% from the stock's current price.
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Landstar System's stock was trading at $162.90 on January 1st, 2023. Since then, LSTR stock has increased by 9.9% and is now trading at $178.99.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 7th 2024.
View our LSTR earnings forecast.

Landstar System, Inc. (NASDAQ:LSTR) issued its quarterly earnings data on Wednesday, October, 25th. The transportation company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.70 by $0.01. The transportation company earned $1.29 billion during the quarter, compared to the consensus estimate of $1.31 billion. Landstar System had a net margin of 5.19% and a trailing twelve-month return on equity of 31.06%. Landstar System's quarterly revenue was down 29.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.76 EPS.

Landstar System declared a None dividend on Tuesday, December 5th. Stockholders of record on Wednesday, January 3rd will be given a dividend of $2.00 per share on Friday, January 19th. The ex-dividend date of this dividend is Tuesday, January 2nd.
Read our dividend analysis for LSTR.

Landstar System (NASDAQ:LSTR) pays an annual dividend of $1.32 per share and currently has a dividend yield of 0.75%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 15.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LSTR will have a dividend payout ratio of 16.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LSTR.

ETFs with the largest weight of Landstar System (NASDAQ:LSTR) stock in their portfolio include VictoryShares THB Mid Cap ESG ETF (MDCP), Ballast Small/Mid Cap ETF (MGMT), Motley Fool Small-Cap Growth ETF (TMFS), MFAM Small-Cap Growth ETF (MFMS), ProShares Supply Chain Logistics ETF (SUPL), SPDR S&P Transportation ETF (XTN), Victoryshares Dividend Accelerator ETF (VSDA) and Opus Small Cap Value Plus ETF (OSCV).

Landstar System issued an update on its fourth quarter earnings guidance on Wednesday, October, 25th. The company provided EPS guidance of $1.60-1.70 for the period, compared to the consensus estimate of $1.86. The company issued revenue guidance of $1.225-1.275 billion, compared to the consensus revenue estimate of $1.37 billion.

45 employees have rated Landstar System Chief Executive Officer Jim B. Gattoni on Glassdoor.com. Jim B. Gattoni has an approval rating of 78% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Landstar System investors own include AbbVie (ABBV), Cisco Systems (CSCO), Pfizer (PFE), Advanced Micro Devices (AMD), Intel (INTC), Procter & Gamble (PG), Verizon Communications (VZ), Boeing (BA), Gilead Sciences (GILD) and General Mills (GIS).

Landstar System's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (8.88%), Morgan Stanley (7.66%), Boston Partners (4.50%), Victory Capital Management Inc. (3.25%), JPMorgan Chase & Co. (2.12%) and Fuller & Thaler Asset Management Inc. (1.70%). Insiders that own company stock include Dr Homaira Akbari, James B Gattoni, Joseph J Beacom and Ricardo S Coro.
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Shares of LSTR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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