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 paid 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 is Friday, August 9th. This is a boost 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 initiated a share repurchase 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 buy shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its shares are undervalued.

Landstar System, Inc. (NASDAQ:LSTR) posted its earnings results on Wednesday, July, 24th. The transportation company reported $1.53 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.54 by $0.01. The transportation company had revenue of $1.05 billion for 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% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.51 EPS. 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 Thursday, October 24th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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 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.

12 equities research analysts have issued 1-year target prices for Landstar System's stock. Their predictions range from $91.00 to $123.00. On average, they anticipate Landstar System's stock price to reach $111.6820 in the next year. This suggests that the stock has a possible downside of 1.5%. View Analyst Price Targets 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.

Media headlines about LSTR stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Landstar System earned a media sentiment score of -2.9 on InfoTrie's scale. They also gave press coverage about the transportation company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Landstar System.

Landstar System saw a decrease in short interest in August. As of August 15th, there was short interest totalling 3,189,400 shares, a decrease of 9.4% from the July 15th total of 3,519,900 shares. Based on an average trading volume of 396,000 shares, the short-interest ratio is currently 8.1 days. Approximately 8.0% of the shares of the stock are sold short. View Landstar System's Current Options Chain.

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), Saia (SAIA), Werner Enterprises (WERN), Heartland Express (HTLD), Marten Transport (MRTN), ArcBest (ARCB), Universal Logistics (ULH), Covenant Transportation Group (CVTI), P.A.M. Transportation Services (PTSI), US Xpress Enterprises (USX), YRC Worldwide (YRCW) and USA Truck (USAK).

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), Cisco Systems (CSCO), Gilead Sciences (GILD), NVIDIA (NVDA), Starbucks (SBUX), Walt Disney (DIS), IBM (IBM) and Johnson & Johnson (JNJ).

Landstar System's stock is owned by a number 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.

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.

LSTR stock was acquired 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.

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 $113.43.

Landstar System has a market capitalization of $4.50 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]