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

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

Landstar System announced a quarterly dividend on Thursday, April 26th. Investors 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 0.53%. The ex-dividend date is Wednesday, May 9th. View Landstar System's Dividend History.

Landstar System declared that its Board of Directors has initiated a stock buyback program on Friday, December 15th 2017, which permits the company to repurchase 1,960,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

Landstar System, Inc. (NASDAQ:LSTR) posted its quarterly earnings results on Wednesday, April, 25th. The transportation company reported $1.37 earnings per share for the quarter, topping analysts' consensus estimates of $1.35 by $0.02. The transportation company earned $1.05 billion during the quarter, compared to the consensus estimate of $1.03 billion. Landstar System had a net margin of 5.17% and a return on equity of 27.86%. The business's revenue was up 34.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.77 earnings per share. 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 updated 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 brokers have issued 12-month target prices for Landstar System's stock. Their forecasts range from $87.00 to $143.00. On average, they anticipate Landstar System's stock price to reach $114.8333 in the next year. 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 headlines about LSTR stock have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Landstar System earned a daily sentiment score of 0.15 on Accern's scale. They also assigned news coverage about the transportation company an impact score of 46.23 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Landstar System's stock is owned by many different of retail and institutional 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 purchased 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 $113.80.

Landstar System has a market capitalization of $4.77 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]