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, such as third party logistics and less-than-truckload service providers.
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Industry, Sector and Symbol
Industry Trucking, except local
Sub-IndustryTrucking
SectorTransportation
Phone904-398-9400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.62 billion
Profitability
Miscellaneous
Employees1,306
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable
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 declared a quarterly dividend on Wednesday, July 24th. Stockholders of record on Monday, August 12th will be paid a dividend of $0.185 per share on Friday, August 30th. This represents a $0.74 annualized dividend and a dividend yield of 0.71%. The ex-dividend date is Friday, August 9th. This is a boost from Landstar System's previous quarterly dividend of $0.17. View Landstar System's Dividend History.
How will Landstar System's stock buyback program work?
Landstar System announced that its Board of Directors has initiated a share repurchase plan on Friday, December 15th 2017, which permits the company to buyback 1,960,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's management believes its stock is undervalued.
How were Landstar System's earnings last quarter?
Landstar System, Inc. (NASDAQ:LSTR) released its quarterly earnings data on Wednesday, July, 24th. The transportation company reported $1.53 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.54 by $0.01. The transportation company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.07 billion. Landstar System had a return on equity of 36.17% and a net margin of 5.82%. The business's quarterly revenue was down 11.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.51 earnings per share. View Landstar System's Earnings History.
When is Landstar System's next earnings date?
How can I listen to Landstar System's earnings call?
Landstar System will be holding an earnings conference call on Thursday, October 24th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.
What guidance has Landstar System issued on next quarter's earnings?
Landstar System updated 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 earnings per share 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.
What price target have analysts set for LSTR?
12 analysts have issued 1 year price targets for Landstar System's shares. Their forecasts range from $91.00 to $123.00. On average, they expect Landstar System's share price to reach $111.5820 in the next twelve months. This suggests a possible upside of 6.4% from the stock's current price. View Analyst Price Targets for Landstar System.
What is the consensus analysts' recommendation for Landstar System?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Landstar System in the last year. There are currently 1 sell rating, 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Landstar System.
Has Landstar System been receiving favorable news coverage?
Media headlines about LSTR stock have been trending positive on Monday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing 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 closest to five being the most favorable. Landstar System earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave media coverage about the transportation company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for Landstar System.
Are investors shorting Landstar System?
Landstar System saw a decrease in short interest in July. As of July 31st, there was short interest totalling 3,189,400 shares, a decrease of 9.4% from the June 30th total of 3,519,900 shares. Based on an average trading volume of 396,000 shares, the short-interest ratio is presently 8.1 days. Approximately 8.0% of the shares of the stock are short sold. View Landstar System's Current Options Chain.
Who are some of Landstar System's key competitors?
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), P.A.M. Transportation Services (PTSI), Covenant Transportation Group (CVTI), US Xpress Enterprises (USX), YRC Worldwide (YRCW) and USA Truck (USAK).
What other stocks do shareholders of Landstar System own?
Who are Landstar System's key executives?
Landstar System's management team includes the folowing people:
- Mr. James B. Gattoni, Pres, CEO & Director (Age 58)
- Mr. L. Kevin Stout, VP, CFO & Assistant Sec. (Age 50)
- Mr. Joseph J. Beacom, VP and Chief Safety & Operations Officer (Age 55)
- Mr. Michael K. Kneller, VP, Gen. Counsel & Sec. (Age 45)
- Mr. Patrick J. O'Malley, VP and Chief Commercial & Marketing Officer (Age 60)
Who are Landstar System's major shareholders?
Landstar System's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.11%), BlackRock Inc. (13.11%), Vanguard Group Inc. (10.43%), Atlanta Capital Management Co. L L C (5.90%), Victory Capital Management Inc. (5.79%) and Price T Rowe Associates Inc. MD (5.62%). 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.
Which institutional investors are selling Landstar System stock?
LSTR stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., Invesco Ltd., Smith Asset Management Group LP, JPMorgan Chase & Co., UBS Asset Management Americas Inc., AQR Capital Management LLC and Russell Investments Group Ltd.. 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.
Which institutional investors are buying Landstar System stock?
LSTR stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Victory Capital Management Inc., Schroder Investment Management Group, Nuveen Asset Management LLC, Bank of New York Mellon Corp, Renaissance Technologies LLC, Investec Asset Management LTD and APG Asset Management N.V.. View Insider Buying and Selling for Landstar System.
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 $104.87.
How big of a company is Landstar System?
Landstar System has a market capitalization of $4.16 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.
What is Landstar System's official website?
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 (NASDAQ 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.
