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. Shareholders of record on Thursday, May 10th will be given a dividend of $0.15 per share on Friday, June 1st. This represents a $0.60 annualized dividend and a yield of 0.54%. The ex-dividend date is Wednesday, May 9th. View Landstar System's Dividend History.

Landstar System declared that its Board of Directors has authorized a share 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 purchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its shares are undervalued.

Landstar System, Inc. (NASDAQ:LSTR) issued its quarterly earnings results on Wednesday, April, 25th. The transportation company reported $1.37 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.35 by $0.02. The transportation company earned $1.05 billion during the quarter, compared to analyst estimates of $1.03 billion. Landstar System had a return on equity of 27.86% and a net margin of 5.17%. Landstar System's revenue was up 34.2% on a year-over-year basis. During the same period in the prior year, the firm earned $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 earnings per share (EPS) guidance of $1.48-1.54 for the period, compared to the Thomson Reuters consensus 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 Wall Street analysts have issued twelve-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 $114.8333 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price. View Analyst Ratings for Landstar System.

13 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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).

Headlines about LSTR stock have trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Landstar System earned a news sentiment score of 0.15 on Accern's scale. They also assigned news headlines about the transportation company an impact score of 48.83 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Landstar System's stock is owned by many different of institutional and retail investors. Top institutional investors include Clarkston Capital Partners LLC (1.47%), Capital One National Association (0.22%), Bank of Montreal Can (0.07%), Assenagon Asset Management S.A. (0.05%), Nisa Investment Advisors LLC (0.03%) and Amalgamated Bank (0.02%). 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 Assenagon Asset Management S.A., Bank of Montreal Can, Nisa Investment Advisors LLC, Municipal Employees Retirement System of Michigan, Clarkston Capital Partners LLC and Capital One National Association. 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 purchased by a variety of institutional investors in the last quarter, including Hartford Investment Management Co., Campbell & CO Investment Adviser LLC, Xact Kapitalforvaltning AB, State of Alaska Department of Revenue and Amalgamated Bank. 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 $111.80.

Landstar System has a market capitalization of $4.67 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]