NASDAQ:LSTR - Landstar System Stock Price, Price Target & More

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

Landstar System declared a quarterly dividend on Thursday, April 26th. Investors of record on Thursday, May 10th will be paid a dividend of $0.15 per share on Friday, June 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date is Wednesday, May 9th. View Landstar System's Dividend History.

Landstar System announced that its board has authorized a stock buyback program on Friday, December 15th 2017, which authorizes the company to buyback 1,960,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

Landstar System, Inc. (NASDAQ:LSTR) posted its earnings results on Wednesday, April, 25th. The transportation company reported $1.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.35 by $0.02. The transportation company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.03 billion. Landstar System had a return on equity of 27.86% and a net margin of 5.17%. The company's revenue was up 34.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.77 EPS. View Landstar System's Earnings History.

Landstar System is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Landstar System.

Landstar System issued an update on its second quarter earnings guidance on Wednesday, April, 25th. The company provided EPS guidance of $1.48-1.54 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.43. The company issued revenue guidance of $1.115-1.165 billion, compared to the consensus revenue estimate of $1.11 billion.

13 brokerages have issued 1-year price objectives for Landstar System's stock. Their predictions range from $87.00 to $143.00. On average, they anticipate Landstar System's share price to reach $112.50 in the next twelve months. View Analyst Ratings for Landstar System.

Some companies that are related to Landstar System include J B Hunt Transport Services (JBHT), Old Dominion Freight Line (ODFL), 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), YRC Worldwide (YRCW), P.A.M. Transportation Services (PTSI), USA Truck (USAK) and Celadon Group (CGI).

News coverage about LSTR stock has trended somewhat negative this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Landstar System earned a media sentiment score of -0.03 on Accern's scale. They also assigned news headlines about the transportation company an impact score of 45.09 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Landstar System's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.12%), Atlanta Capital Management Co. L L C (5.62%), Victory Capital Management Inc. (3.32%), Kayne Anderson Rudnick Investment Management LLC (2.92%), JPMorgan Chase & Co. (2.35%) and Disciplined Growth Investors Inc. MN (2.20%). Company insiders that own Landstar System stock include Dr Homaira Akbari, James B Gattoni, Joseph J Beacom, L Kevin Stout, Larry S Thomas, 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 Prudential Financial Inc., Citigroup Inc., JPMorgan Chase & Co., Dimensional Fund Advisors LP, State of Tennessee Treasury Department, Schroder Investment Management Group, Atlanta Capital Management Co. L L C and Disciplined Growth Investors Inc. MN. Company insiders that have sold Landstar System company stock in the last year include Dr Homaira Akbari, James B Gattoni, Joseph J Beacom, L Kevin Stout, Michael K Kneller 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 Millennium Management LLC, BlackRock Inc., Scopus Asset Management L.P., Lord Abbett & CO. LLC, Toronto Dominion Bank, Point72 Asset Management L.P., Dupont Capital Management Corp and Kayne Anderson Rudnick Investment Management LLC. 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 $115.25.

Landstar System has a market capitalization of $4.84 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.

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]