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

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

Landstar System announced a quarterly dividend on Wednesday, July 24th. Investors of record on Monday, August 12th will be given a dividend of $0.185 per share on Friday, August 30th. This represents a $0.74 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date of this dividend is Friday, August 9th. This is a positive change from Landstar System's previous quarterly dividend of $0.17. View Landstar System's Dividend History.

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

Landstar System, Inc. (NASDAQ:LSTR) posted its quarterly earnings data on Wednesday, July, 24th. The transportation company reported $1.53 EPS for the quarter, missing the consensus estimate of $1.54 by $0.01. The transportation company earned $1.05 billion during the quarter, compared to analysts' expectations of $1.07 billion. Landstar System had a return on equity of 36.17% and a net margin of 5.82%. The company's revenue for the quarter was down 11.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.51 earnings per share. View Landstar System's Earnings History.

Landstar System is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Landstar System.

Landstar System will be holding an earnings conference call on Wednesday, October 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Landstar System issued an update on its third quarter earnings guidance on Wednesday, July, 24th. The company provided EPS guidance of $1.48-1.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.55. The company issued revenue guidance of $1.01-1.06 billion, compared to the consensus revenue estimate of $1.10 billion.

11 brokerages have issued 1-year price objectives for Landstar System's shares. Their predictions range from $90.00 to $123.00. On average, they anticipate Landstar System's stock price to reach $111.58 in the next twelve months. This suggests that the stock has a possible downside of 2.2%. View Analyst Price Targets for Landstar System.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Landstar System in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Landstar System.

News articles about LSTR stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 0.8 on InfoTrie's scale. They also assigned media stories about the transportation company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Landstar System.

Some companies that are related to Landstar System include Old Dominion Freight Line (ODFL), J B Hunt Transport Services (JBHT), AMERCO (UHAL), Knight-Swift Transportation (KNX), Ryder System (R), Saia (SAIA), Werner Enterprises (WERN), Avis Budget Group (CAR), Hertz Global (HTZ), Heartland Express (HTLD), Marten Transport (MRTN), FRP (FRPH), Roadrunner Transportation Systems (RRTS), Con-way (CNW) and Quality Distribution (QLTY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Landstar System investors own include Intel (INTC), Boeing (BA), Thermo Fisher Scientific (TMO), Gilead Sciences (GILD), Phillips 66 (PSX), Cisco Systems (CSCO), NVIDIA (NVDA), Starbucks (SBUX), Walt Disney (DIS) and IBM (IBM).

Landstar System's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Mountain Pacific Investment Advisers Inc. ID (0.60%), Boston Trust Walden Corp (0.52%), Hennessy Advisors Inc. (0.30%), Envestnet Asset Management Inc. (0.08%), Morris Capital Advisors LLC (0.06%) and Pacer Advisors Inc. (0.05%). 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 Denali Advisors LLC, Hennessy Advisors Inc., Meeder Asset Management Inc., Pacer Advisors Inc., Morris Capital Advisors LLC, Mountain Pacific Investment Advisers Inc. ID and Cardinal Capital Management. 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 acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Envestnet Asset Management Inc., Cerebellum GP LLC, State of Alaska Department of Revenue, Robeco Institutional Asset Management B.V., Park National Corp OH and Boston Trust Walden Corp. 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, Robinhood, Fidelity and Charles Schwab.

One share of LSTR stock can currently be purchased for approximately $114.09.

Landstar System has a market capitalization of $4.52 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.View Additional Information About Landstar System.

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]