Landstar System Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Landstar System in the last twelve months. There are currently 2 sell ratings and 11 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Landstar System stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LSTR, but not buy additional shares or sell existing shares.
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Landstar System is scheduled to release its next quarterly earnings announcement on Wednesday, October 20th 2021.
View our earnings forecast for Landstar System.

Landstar System will be holding an earnings conference call on Thursday, October 21st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Landstar System, Inc. (NASDAQ:LSTR) issued its earnings results on Tuesday, July, 20th. The transportation company reported $2.40 EPS for the quarter, topping the Zacks' consensus estimate of $2.34 by $0.06. The transportation company had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.52 billion. Landstar System had a trailing twelve-month return on equity of 41.25% and a net margin of 5.66%. The company's revenue was up 90.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.63 EPS.
View Landstar System's earnings history.

Landstar System's stock was trading at $95.90 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LSTR shares have increased by 66.9% and is now trading at $160.03.
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Landstar System announced a quarterly dividend on Friday, July 23rd. Shareholders of record on Monday, August 9th will be given a dividend of $0.25 per share on Friday, August 27th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date is Friday, August 6th. This is an increase from Landstar System's previous quarterly dividend of $0.21.
View Landstar System's dividend history.

Landstar System pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.62%. Landstar System has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Landstar System is 18.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Landstar System will have a dividend payout ratio of 11.63% next year. This indicates that Landstar System will be able to sustain or increase its dividend.
View Landstar System's dividend history.

Landstar System updated its third quarter 2021 earnings guidance on Tuesday, September, 14th. The company provided earnings per share (EPS) guidance of $2.450-$2.550 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.280. The company issued revenue guidance of $1.68 billion-$1.72 billion, compared to the consensus revenue estimate of $1.56 billion.

13 analysts have issued 1 year price objectives for Landstar System's stock. Their forecasts range from $119.00 to $182.00. On average, they expect Landstar System's stock price to reach $154.58 in the next year. This suggests that the stock has a possible downside of 3.4%.
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45 employees have rated Landstar System CEO Jim B. Gattoni on Glassdoor.com. Jim B. Gattoni has an approval rating of 78% among Landstar System's employees.

Some companies that are related to Landstar System include Old Dominion Freight Line (ODFL), J.B. Hunt Transport Services (JBHT), AMERCO (UHAL), Knight-Swift Transportation (KNX), Avis Budget Group (CAR), Saia (SAIA), Ryder System (R), Werner Enterprises (WERN), Marten Transport (MRTN), Heartland Express (HTLD) and FRP (FRPH).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Landstar System investors own include AbbVie (ABBV), Cisco Systems (CSCO), Pfizer (PFE), Advanced Micro Devices (AMD), Intel (INTC), The Procter & Gamble (PG), Verizon Communications (VZ), The Boeing (BA), Gilead Sciences (GILD) and General Mills (GIS).

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

Landstar System's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.91%), Vanguard Group Inc. (10.49%), Kayne Anderson Rudnick Investment Management LLC (9.32%), Atlanta Capital Management Co. L L C (5.57%), Victory Capital Management Inc. (5.20%) and Price T Rowe Associates Inc. MD (3.83%). Company insiders that own Landstar System stock include Diana M Murphy, James B Gattoni, Joseph J Beacom, L Kevin Stout, Larry J Thoele and Michael K Kneller.
View institutional ownership trends for Landstar System.

LSTR stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Van Berkom & Associates Inc., BlackRock Inc., Vanguard Group Inc., Eagle Asset Management Inc., Royal Bank of Canada, Price T Rowe Associates Inc. MD, and Nuveen Asset Management LLC. Company insiders that have sold Landstar System company stock in the last year include James B Gattoni, L Kevin Stout, and Michael K Kneller.
View insider buying and selling activity for Landstar System or view top insider-selling stocks.

LSTR stock was purchased by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Wells Fargo & Company MN, American Century Companies Inc., Goldman Sachs Group Inc., State Street Corp, First Trust Advisors LP, Fuller & Thaler Asset Management Inc., and Weiss Multi Strategy Advisers LLC.
View insider buying and selling activity for Landstar System or or view top insider-buying stocks.

Shares of LSTR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LSTR stock can currently be purchased for approximately $160.03.

Landstar System has a market capitalization of $6.13 billion and generates $4.13 billion in revenue each year. The transportation company earns $192.11 million in net income (profit) each year or $5.29 on an earnings per share basis.

Landstar System employs 1,320 workers across the globe.

Landstar System was founded in 1988.

The official website for Landstar System is www.landstar.com.

Landstar System is headquartered at 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL, 32224.

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].