About Landstar System (NASDAQ:LSTR)
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, including third party logistics and less-than-truckload service providers. This segment provides truck services through dry and specialty vans of various sizes, unsided/platform trailers, temperature-controlled vans, and containers; rail intermodal services through contracts with domestic and Canadian railroads; and air and ocean services through contracts with domestic and international airlines and ocean lines. It serves automotive products, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, and military equipment industries. The Insurance segment reinsures certain risks of the company's independent contractors. The company markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.
Industry, Sector and Symbol
Industry Trucking, except local
Sub-IndustryTrucking
SectorTransportation
SymbolNASDAQ:LSTR
CUSIP51509810
Phone904-398-9400
Debt
Debt-to-Equity Ratio0.13%
Current Ratio1.75%
Quick Ratio1.75%
Price-To-Earnings
Trailing P/E Ratio28.80
Forward P/E Ratio19.35
P/E Growth1.44
Sales & Book Value
Annual Sales$3.65 billion
Price / Sales1.24
Cash Flow$4.7007 per share
Price / Cash22.89
Book Value$15.57 per share
Price / Book6.91
Profitability
EPS (Most Recent Fiscal Year)$3.75
Net Income$177.08 million
Net Margins4.86%
Return on Equity25.30%
Return on Assets12.91%
Miscellaneous
Employees1,273
Outstanding Shares42,070,000
Landstar System (NASDAQ:LSTR) Frequently Asked Questions
What is Landstar System's stock symbol?
Landstar System trades on the NASDAQ under the ticker symbol "LSTR."
How often does Landstar System pay dividends? What is the dividend yield for Landstar System?
Landstar System announced a quarterly dividend on Wednesday, January 31st. Shareholders of record on Monday, February 19th will be given a dividend of $0.15 per share on Friday, March 16th. This represents a $0.60 annualized dividend and a yield of 0.56%. The ex-dividend date of this dividend is Thursday, February 15th. This is a boost from Landstar System's previous quarterly dividend of $0.10. View Landstar System's Dividend History.
How will Landstar System's stock buyback program work?
Landstar System declared that its board has initiated a stock buyback plan on Friday, December 15th 2017, which allows the company to repurchase 1,960,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its shares are undervalued.
How were Landstar System's earnings last quarter?
Landstar System (NASDAQ:LSTR) issued its quarterly earnings results on Wednesday, January, 31st. The transportation company reported $1.08 earnings per share for the quarter, beating analysts' consensus estimates of $1.02 by $0.06. The transportation company had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $1.01 billion. Landstar System had a return on equity of 25.30% and a net margin of 4.86%. The company's quarterly revenue was up 17.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.94 EPS. View Landstar System's Earnings History.
When is Landstar System's next earnings date?
What price target have analysts set for LSTR?
13 brokerages have issued 12-month target prices for Landstar System's stock. Their forecasts range from $87.00 to $143.00. On average, they expect Landstar System's stock price to reach $112.4167 in the next year. View Analyst Ratings for Landstar System.
Who are some of Landstar System's key competitors?
Some companies that are related to Landstar System include Knight-Swift (KNX), Schneider National (SNDR), Werner Enterprises (WERN), Saia (SAIA), Heartland Express (HTLD), Marten Transport (MRTN), ArcBest (ARCB), Universal Logistics (ULH), Covenant Transport (CVTI), YRC Worldwide (YRCW), PAM Transport (PTSI), USA Truck (USAK) and Celadon Group (CGI).
Who are Landstar System's key executives?
Landstar System's management team includes the folowing people:
- Mr. James B. Gattoni, Pres, CEO & Director (Age 57)
- Mr. L. Kevin Stout, VP & CFO (Age 49)
- Mr. Joseph J. Beacom, VP and Chief Safety & Operations Officer (Age 54)
- Mr. Michael K. Kneller, VP, Gen. Counsel & Sec. (Age 44)
- Mr. Patrick J. O'Malley, VP and Chief Commercial & Marketing Officer (Age 59)
Has Landstar System been receiving favorable news coverage?
News coverage about LSTR stock has been trending somewhat positive this week, according to Accern. The research group rates the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Landstar System earned a daily sentiment score of 0.16 on Accern's scale. They also assigned news coverage about the transportation company an impact score of 44.73 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
How do I buy shares of 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.
What is Landstar System's stock price today?
One share of LSTR stock can currently be purchased for approximately $107.60.
How big of a company is Landstar System?
Landstar System has a market capitalization of $4.54 billion and generates $3.65 billion in revenue each year. The transportation company earns $177.08 million in net income (profit) each year or $3.75 on an earnings per share basis. Landstar System employs 1,273 workers across the globe.
How can I contact Landstar System?
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]
MarketBeat Community Rating for Landstar System (LSTR)
MarketBeat's community ratings are surveys of what our community members think about Landstar System and other stocks. Vote "Outperform" if you believe LSTR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LSTR will underperform the S&P 500 over the long term. You may vote once every thirty days.
Landstar System (NASDAQ:LSTR) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
13 Wall Street analysts have issued ratings and price targets for Landstar System in the last 12 months. Their average twelve-month price target is $112.4167, suggesting that the stock has a possible upside of 4.48%. The high price target for LSTR is $143.00 and the low price target for LSTR is $87.00. There are currently 1 sell rating, 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.38 | 2.33 | 2.27 | 2.09 |
| Ratings Breakdown: | 1 Sell Rating(s)
6 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
6 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
6 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
6 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $112.4167 | $106.2727 | $99.5455 | $92.30 |
| Price Target Upside: | 4.48% upside | 4.00% downside | 6.13% downside | 6.86% downside |
Landstar System (NASDAQ:LSTR) Consensus Price Target History
Landstar System (NASDAQ:LSTR) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
Landstar System (NASDAQ:LSTR) Dividend Information
Landstar System pays an annual dividend of $0.60 per share, with a dividend yield of 0.56%. LSTR's most recent quarterly dividend payment was Friday, March 16. Landstar System pays out 16.00% of its earnings out as a dividend.
| Most Recent Dividend: | 3/16/2018 |
| Annual Dividend: | $0.60 |
| Dividend Yield: | 0.56% |
| Payout Ratio: | 16.00% (Trailing 12 Months of Earnings)
10.79% (Based on This Year's Estimates)
10.08% (Based on Next Year's Estimates)
|
Landstar System (NASDAQ:LSTR) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/31/2018 | quarterly | $0.15 | 0.55% | 2/15/2018 | 2/19/2018 | 3/16/2018 |
| 12/13/2017 | special | $1.50 | 0.39% | 1/11/2018 | 1/12/2018 | 1/26/2018 |
| 10/26/2017 | quarterly | $0.10 | 0.4% | 11/13/2017 | 11/14/2017 | 12/8/2017 |
| 7/27/2017 | Quarterly | $0.10 | 0.49% | 8/10/2017 | 8/14/2017 | 9/1/2017 |
| 4/26/2017 | quarterly | $0.09 | 0.42% | 5/9/2017 | 5/11/2017 | 6/2/2017 |
| 2/1/2017 | quarterly | $0.09 | 0.43% | 2/15/2017 | 2/20/2017 | 3/17/2017 |
| 10/19/2016 | quarterly | $0.09 | 0.52% | 11/4/2016 | 11/8/2016 | 12/2/2016 |
| 7/20/2016 | quarterly | $0.09 | 0.52% | 8/4/2016 | 8/8/2016 | 8/26/2016 |
| 4/20/2016 | quarterly | $0.08 | 0.49% | 5/3/2016 | 5/5/2016 | 5/27/2016 |
| 1/28/2016 | quarterly | $0.08 | 0.54% | 2/10/2016 | 2/15/2016 | 3/11/2016 |
| 10/23/2015 | quarterly | $0.08 | 0.52% | 11/6/2015 | 11/10/2015 | 12/4/2015 |
| 7/23/2015 | quarterly | $0.08 | 0.4% | 8/6/2015 | 8/10/2015 | 8/28/2015 |
| 4/23/2015 | quarterly | $0.07 | 0.45% | 5/5/2015 | 5/7/2015 | 5/29/2015 |
| 2/2/2015 | quarterly | $0.07 | 0.43% | 2/11/2015 | 2/16/2015 | 3/13/2015 |
| 12/4/2014 | special | $1.00 | 0.36% | 1/8/2015 | 1/12/2015 | 1/26/2015 |
| 10/24/2014 | quarterly | $0.07 | 0.38% | 11/6/2014 | 11/11/2014 | 12/5/2014 |
| 7/24/2014 | quarterly | $0.07 | 0.41% | 8/7/2014 | 8/11/2014 | 8/29/2014 |
| 4/25/2014 | quarterly | $0.06 | 0.38% | 5/6/2014 | 5/8/2014 | 5/30/2014 |
| 2/4/2014 | quarterly | $0.06 | 0.42% | 2/13/2014 | 2/18/2014 | 3/14/2014 |
| 12/11/2013 | special | $0.35 | | 12/24/2013 | 12/27/2013 | 1/16/2014 |
| 12/6/2012 | quarterly | $0.50 | | | 12/17/2012 | 12/27/2012 |
| 12/9/2012 | special | $0.50 | | 12/13/2012 | 12/17/2012 | 12/27/2012 |
(Data available from 1/1/2013 forward)
Landstar System (NASDAQ LSTR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.90%
Institutional Ownership Percentage: 99.70%
Landstar System (NASDAQ LSTR) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 11/24/2017 | Dr. Homaira Akbari | Director | Sell | 1,000 | $98.30 | $98,300.00 | 6,656 |  |
| 11/8/2017 | Joseph J Beacom | COO | Sell | 9,805 | $98.32 | $964,027.60 | 55,649 | |
| 11/6/2017 | L Kevin Stout | CFO | Sell | 5,000 | $99.00 | $495,000.00 | | |
| 11/3/2017 | James B Gattoni | CEO | Sell | 15,000 | $98.72 | $1,480,800.00 | 69,339 | |
| 10/31/2017 | Michael K Kneller | VP | Sell | 10,000 | $99.00 | $990,000.00 | 22,153 | |
| 3/15/2017 | L Kevin Stout | CFO | Sell | 5,448 | $85.65 | $466,621.20 | 30,397 | |
| 11/17/2016 | Larry S Thomas | VP | Sell | 5,280 | $80.57 | $425,409.60 | 28,371 | |
| 8/2/2016 | Patrick J O'malley | CMO | Sell | 1,787 | $69.17 | $123,606.79 | 40,237 | |
| 6/6/2016 | Joseph J Beacom | COO | Sell | 3,987 | $68.10 | $271,514.70 | 38,994 | |
| 6/12/2015 | Joseph J Beacom | COO | Sell | 2,500 | $67.28 | $168,200.00 | | |
| 6/8/2015 | Anthony J Orlando | Director | Buy | 4,000 | $66.76 | $267,040.00 | | |
| 10/30/2014 | Larry S Thomas | VP | Sell | 5,400 | $73.74 | $398,196.00 | | |
| 10/27/2014 | James B Gattoni | CFO | Sell | 4,000 | $73.79 | $295,160.00 | | |
| 7/31/2014 | Joseph J Beacom | COO | Sell | 5,463 | $66.55 | $363,562.65 | | |
| 2/20/2014 | Patrick O'malley | CMO | Sell | 6,982 | $58.49 | $408,377.18 | 35,149 | |
| 2/18/2014 | Henry Gerkens | CEO | Sell | 30,000 | $58.78 | $1,763,400.00 | 82,978 | |
| 2/10/2014 | Larry Thomas | VP | Sell | 9,815 | $56.74 | $556,903.10 | 2,249 | |
| 9/3/2013 | Henry Gerkens | CEO | Sell | 25,883 | $54.85 | $1,419,682.55 | 104,777 | |
| 8/23/2013 | Joseph Beacom | COO | Sell | 5,000 | $56.63 | $283,150.00 | 28,404 | |
| 8/6/2013 | James Gattoni | CFO | Sell | 25,000 | $53.80 | $1,345,000.00 | 31,182 | |
| 8/6/2013 | Larry Thomas | VP | Sell | 10,209 | $53.78 | $549,040.02 | 10,650 | |
(Data available from 1/1/2013 forward)
Landstar System (NASDAQ LSTR) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Landstar System (LSTR) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - April 22 at 5:48 AM |
| BidaskClub Downgrades Landstar System (LSTR) to Sell
www.americanbankingnews.com - April 20 at 11:52 AM |
| Landstar System (LSTR) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - April 18 at 1:18 AM |
| $1.01 Billion in Sales Expected for Landstar System, Inc. (LSTR) This Quarter
www.americanbankingnews.com - April 17 at 4:45 AM |
| BidaskClub Lowers Landstar System (LSTR) to Hold
www.americanbankingnews.com - April 16 at 5:55 PM |
| Landstar System (LSTR) Cut to "Hold" at Deutsche Bank
www.americanbankingnews.com - April 15 at 9:45 AM |
| Landstar System (LSTR) Raised to Buy at Stifel Nicolaus
www.americanbankingnews.com - April 15 at 9:43 AM |
| Zacks: Brokerages Expect Landstar System, Inc. (LSTR) to Announce $1.33 Earnings Per Share
www.americanbankingnews.com - April 15 at 3:08 AM |
| Landstar System (LSTR) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 13 at 11:43 PM |
 | Landstar System (LSTR): Strong Industry, Solid Earnings Estimate Revisions
finance.yahoo.com - April 11 at 5:54 PM |
| Landstar to Release First Quarter Results on Wednesday, April 25, 2018
finance.yahoo.com - April 11 at 8:02 AM |
| Landstar System (LSTR) Given New $118.00 Price Target at Cowen
www.americanbankingnews.com - April 10 at 7:31 AM |
| Landstar System (LSTR) Now Covered by Goldman Sachs
www.americanbankingnews.com - April 10 at 7:31 AM |
| Landstar System (LSTR) Given a $143.00 Price Target by Stephens Analysts
www.americanbankingnews.com - April 9 at 1:19 PM |
| Oppenheimer Comments on Landstar System, Inc.'s Q1 2018 Earnings (LSTR)
www.americanbankingnews.com - April 9 at 1:22 AM |
| Landstar System (LSTR) Stock Rating Reaffirmed by KeyCorp
www.americanbankingnews.com - April 8 at 11:04 AM |
| Zacks Investment Research Upgrades Landstar System (LSTR) to "Buy"
www.americanbankingnews.com - April 7 at 7:19 PM |
| Landstar System (LSTR) Price Target Raised to $96.00 at Morgan Stanley
www.americanbankingnews.com - April 6 at 11:45 AM |
| Analysts Set Expectations for Landstar System, Inc.'s Q1 2018 Earnings (LSTR)
www.americanbankingnews.com - April 6 at 6:23 AM |
| Landstar System (LSTR) Given "Hold" Rating at Cowen
www.americanbankingnews.com - April 4 at 5:52 PM |
| Buckingham Research Increases Landstar System (LSTR) Price Target to $131.00
www.americanbankingnews.com - April 4 at 12:54 PM |
 | Landstar System (LSTR) Gains Following Raised Guidance
www.streetinsider.com - April 3 at 5:48 PM |
| Landstar raises profit and sales outlook given continued strength in truckload volume and pricing
finance.yahoo.com - April 3 at 5:48 PM |
| Landstar System (LSTR) Rating Reiterated by Credit Suisse Group
www.americanbankingnews.com - April 2 at 8:04 PM |
| Landstar System (LSTR) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - March 31 at 1:00 PM |
| Landstar System, Inc. (LSTR) Expected to Announce Quarterly Sales of $960.58 Million
www.americanbankingnews.com - March 31 at 4:14 AM |
| Landstar System (LSTR) Cut to Buy at BidaskClub
www.americanbankingnews.com - March 30 at 10:36 PM |
| Landstar System (LSTR) Upgraded to "Buy" by Zacks Investment Research
www.americanbankingnews.com - March 29 at 6:54 PM |
| Landstar System, Inc. (LSTR) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - March 28 at 5:52 AM |
| Landstar System (LSTR) Stock Rating Upgraded by BidaskClub
www.americanbankingnews.com - March 14 at 6:06 PM |
| $960.58 Million in Sales Expected for Landstar System, Inc. (LSTR) This Quarter
www.americanbankingnews.com - March 14 at 8:38 AM |
| Analysts Anticipate Landstar System, Inc. (LSTR) Will Announce Earnings of $1.23 Per Share
www.americanbankingnews.com - March 12 at 1:21 AM |
| Investec Asset Management LTD Has $6.89 Million Position in Landstar System, Inc. (LSTR)
www.americanbankingnews.com - March 5 at 11:19 AM |
| BlackRock Inc. Sells 23,080 Shares of Landstar System, Inc. (LSTR)
www.americanbankingnews.com - March 4 at 5:24 AM |
| Arizona State Retirement System Buys 6,375 Shares of Landstar System, Inc. (LSTR)
www.americanbankingnews.com - March 4 at 4:22 AM |
| Schroder Investment Management Group Acquires Shares of 46,000 Landstar System, Inc. (LSTR)
www.americanbankingnews.com - March 3 at 8:50 AM |
| Landstar System, Inc. (LSTR) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - March 3 at 5:46 AM |
| Wells Fargo & Company MN Reduces Position in Landstar System, Inc. (LSTR)
www.americanbankingnews.com - March 2 at 7:38 PM |
| Rhumbline Advisers Lowers Holdings in Landstar System, Inc. (LSTR)
www.americanbankingnews.com - March 2 at 9:57 AM |
| Burney Co. Boosts Stake in Landstar System, Inc. (LSTR)
www.americanbankingnews.com - March 2 at 5:18 AM |
| Landstar System, Inc. (LSTR) Shares Sold by Brant Point Investment Management LLC
www.americanbankingnews.com - March 1 at 5:22 AM |
| Landstar System, Inc. (LSTR) Shares Sold by Brown Advisory Inc.
www.americanbankingnews.com - March 1 at 5:16 AM |
| State of Tennessee Treasury Department Purchases 25,574 Shares of Landstar System, Inc. (LSTR)
www.americanbankingnews.com - February 28 at 5:42 PM |
| Landstar System, Inc. (LSTR) Shares Sold by London Co. of Virginia
www.americanbankingnews.com - February 28 at 2:48 PM |
| American International Group Inc. Has $9.04 Million Stake in Landstar System, Inc. (LSTR)
www.americanbankingnews.com - February 28 at 4:21 AM |
| Landstar System, Inc. (LSTR) Holdings Increased by Teacher Retirement System of Texas
www.americanbankingnews.com - February 27 at 4:03 PM |
| Eaton Vance Management Sells 5,353 Shares of Landstar System, Inc. (LSTR)
www.americanbankingnews.com - February 27 at 12:54 PM |
| Sei Investments Co. Increases Stake in Landstar System, Inc. (LSTR)
www.americanbankingnews.com - February 27 at 9:44 AM |
| California Public Employees Retirement System Buys 2,755 Shares of Landstar System, Inc. (LSTR)
www.americanbankingnews.com - February 27 at 5:20 AM |
| Morgan Stanley Boosts Landstar System (LSTR) Price Target to $94.00
www.americanbankingnews.com - February 26 at 4:52 PM |
Landstar System (NASDAQ:LSTR) SEC Filings
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Landstar System (NASDAQ:LSTR) Income Statement, Balance Sheet and Cash Flow Statement
Landstar System (NASDAQ LSTR) Stock Chart for Monday, April, 23, 2018
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