NASDAQ:LSTR - Landstar System Stock Price, News, & Analysis

Landstar System trades on the NASDAQ under the ticker symbol "LSTR."

Landstar System declared a quarterly dividend on Friday, February 1st. Investors of record on Monday, February 18th will be given a dividend of $0.165 per share on Friday, March 15th. This represents a $0.66 annualized dividend and a yield of 0.59%. The ex-dividend date is Thursday, February 14th. View Landstar System's Dividend History.

Landstar System declared that its Board of Directors has authorized a stock buyback program on Friday, December 15th 2017, which permits the company to repurchase 1,960,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's management believes its shares are undervalued.

Landstar System, Inc. (NASDAQ:LSTR) posted its earnings results on Wednesday, January, 30th. The transportation company reported $1.68 EPS for the quarter, topping analysts' consensus estimates of $1.58 by $0.10. The transportation company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.21 billion. Landstar System had a net margin of 5.53% and a return on equity of 36.70%. The company's revenue for the quarter was up 12.4% on a year-over-year basis. During the same period in the previous year, the firm posted $2.51 EPS. View Landstar System's Earnings History.

Landstar System is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Landstar System.

Landstar System will be holding an earnings conference call on Thursday, April 25th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Landstar System issued an update on its first quarter 2019 earnings guidance on Wednesday, January, 30th. The company provided earnings per share (EPS) guidance of $1.51-1.57 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.42. The company issued revenue guidance of $1.025-1.075 billion, compared to the consensus revenue estimate of $1.1 billion.

12 analysts have issued 1 year price targets for Landstar System's shares. Their forecasts range from $96.00 to $128.00. On average, they expect Landstar System's stock price to reach $110.2222 in the next twelve months. This suggests that the stock has a possible downside of 1.7%. View Analyst Price Targets for Landstar System.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Landstar System in the last year. There are currently 2 sell ratings, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Landstar System.

News headlines about LSTR stock have been trending positive on Tuesday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Landstar System earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave news articles about the transportation company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.

Some companies that are related to Landstar System include Old Dominion Freight Line (ODFL), J B Hunt Transport Services (JBHT), Knight-Swift Transportation (KNX), Schneider National (SNDR), Werner Enterprises (WERN), Saia (SAIA), Heartland Express (HTLD), Marten Transport (MRTN), ArcBest (ARCB), Universal Logistics (ULH), Covenant Transportation Group (CVTI), US Xpress Enterprises (USX), P.A.M. Transportation Services (PTSI), YRC Worldwide (YRCW) and USA Truck (USAK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Landstar System investors own include Intel (INTC), Boeing (BA), Micron Technology (MU), NVIDIA (NVDA), Cisco Systems (CSCO), Thermo Fisher Scientific (TMO), Gilead Sciences (GILD), Starbucks (SBUX), AbbVie (ABBV) and General Electric (GE).

Landstar System's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Clarkston Capital Partners LLC (1.55%), Fenimore Asset Management Inc. (0.86%), BTIM Corp. (0.51%), Hennessy Advisors Inc. (0.36%), Retirement Systems of Alabama (0.25%) and Denali Advisors LLC (0.14%). Company insiders that own Landstar System stock include Dr Homaira Akbari, James B Gattoni, Joseph J Beacom, L Kevin Stout, Michael K Kneller and Patrick J O'malley. View Institutional Ownership Trends for Landstar System.

LSTR stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Retirement Systems of Alabama, First Hawaiian Bank, State of Alaska Department of Revenue, Strs Ohio and Louisiana State Employees Retirement System. Company insiders that have sold Landstar System company stock in the last year include James B Gattoni, Joseph J Beacom, L Kevin Stout and Patrick J O'malley. View Insider Buying and Selling for Landstar System.

LSTR stock was bought by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Denali Advisors LLC, Clarkston Capital Partners LLC, Fenimore Asset Management Inc., Meeder Asset Management Inc., Virtu Financial LLC, BTIM Corp. and Park National Corp OH. View Insider Buying and Selling for Landstar System.

Shares of LSTR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of LSTR stock can currently be purchased for approximately $112.16.

Landstar System has a market capitalization of $4.50 billion and generates $4.62 billion in revenue each year. The transportation company earns $255.28 million in net income (profit) each year or $6.18 on an earnings per share basis. Landstar System employs 1,306 workers across the globe.

The official website for Landstar System is http://www.landstar.com.

Landstar System's mailing address is 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL, 32224. The transportation company can be reached via phone at 904-398-9400 or via email at [email protected]