Landstar System Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Landstar System in the last twelve months. There are currently 2 sell ratings and 12 hold ratings for the stock. The consensus among Wall Street 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.
View analyst ratings for Landstar System or view top-rated stocks.

Wall Street analysts have given Landstar System a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Landstar System wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

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, Inc. (NASDAQ:LSTR) released its earnings results on Tuesday, July, 20th. The transportation company reported $2.40 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.34 by $0.06. The transportation company had revenue of $1.57 billion for the quarter, compared to analysts' expectations of $1.52 billion. Landstar System had a net margin of 5.66% and a trailing twelve-month return on equity of 41.25%. Landstar System's revenue was up 90.7% on a year-over-year basis. During the same quarter last year, the firm posted $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 reached pandemic status according to the World Health Organization (WHO). Since then, LSTR stock has increased by 64.8% and is now trading at $158.07.
View which stocks have been most impacted by COVID-19.

Landstar System declared a quarterly dividend on Friday, July 23rd. Investors 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 yield of 0.63%. The ex-dividend date of this dividend 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 $0.84 per share and currently has a dividend yield of 0.54%. 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 15.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Landstar System will have a dividend payout ratio of 10.00% 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 Wednesday, July, 28th. The company provided earnings per share guidance of $2.200-$2.300 for the period, compared to the Thomson Reuters consensus estimate of $2.260. The company issued revenue guidance of $1.55 billion-$1.60 billion, compared to the consensus revenue estimate of $1.45 billion.

14 brokerages 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 share price to reach $150.92 in the next twelve months. This suggests that the stock has a possible downside of 4.5%.
View analysts' price targets for Landstar System or view top-rated stocks among Wall Street analysts.

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), Heartland Express (HTLD), Marten Transport (MRTN) and FRP (FRPH).
View all of LSTR's competitors.

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 a number of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (5.20%), Boston Trust Walden Corp (0.61%), Copeland Capital Management LLC (0.61%), New York State Common Retirement Fund (0.43%), Alliancebernstein L.P. (0.23%) and Avalon Investment & Advisory (0.10%). 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., New York State Common Retirement Fund, Boston Trust Walden Corp, State of Michigan Retirement System, Alliancebernstein L.P., Unigestion Holding SA, Nelson Van Denburg & Campbell Wealth Management Group LLC, and Arizona State Retirement System. Company insiders that have sold Landstar System company stock in the last year include James B Gattoni, L Kevin Stout, Larry J Thoele, and Michael K Kneller.
View insider buying and selling activity for Landstar System or view top insider-selling stocks.

LSTR stock was acquired by a variety of institutional investors in the last quarter, including Copeland Capital Management LLC, DAVENPORT & Co LLC, Asset Management One Co. Ltd., Dupont Capital Management Corp, Avalon Investment & Advisory, Harel Insurance Investments & Financial Services Ltd., New Mexico Educational Retirement Board, and Eukles Asset Management.
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.
Compare Top Brokerages Here.

One share of LSTR stock can currently be purchased for approximately $158.07.

Landstar System has a market capitalization of $6.07 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]