Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. It operates through two segments, Transportation Logistics and Insurance. The Transportation Logistics segment offers a range of transportation services, including truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, U.S.-Canada and U.S.-Mexico cross-border, intra-Mexico, intra-Canada, project cargo, and customs brokerage, as well as offers transportation services to other transportation companies, including third party logistics and less-than-truckload service providers. This segment provides truck services through dry and specialty vans of various sizes, unsided/platform trailers, temperature-controlled vans, and containers; rail intermodal services through contracts with domestic and Canadian railroads; and air and ocean services through contracts with domestic and international airlines and ocean lines. It serves automotive products, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, and military equipment industries. The Insurance segment reinsures certain risks of the company's independent contractors. The company markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.
Industry, Sector and Symbol
Industry Trucking, except local
Sub-IndustryTrucking
SectorTransportation
Phone904-398-9400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.65 billion
Profitability
Miscellaneous
Employees1,273
OptionableOptionable
Landstar System (NASDAQ:LSTR) Frequently Asked Questions
What is Landstar System's stock symbol?
Landstar System trades on the NASDAQ under the ticker symbol "LSTR."
How often does Landstar System pay dividends? What is the dividend yield for Landstar System?
Landstar System declared a quarterly dividend on Wednesday, October 24th. Shareholders of record on Tuesday, November 13th will be given a dividend of $0.165 per share on Friday, December 7th. This represents a $0.66 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date is Friday, November 9th. View Landstar System's Dividend History.
How will Landstar System's stock buyback program work?
Landstar System declared that its board has initiated a share buyback plan on Friday, December 15th 2017, which authorizes the company to repurchase 1,960,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its shares are undervalued.
How were Landstar System's earnings last quarter?
Landstar System, Inc. (NASDAQ:LSTR) posted its quarterly earnings data on Wednesday, October, 24th. The transportation company reported $1.63 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.60 by $0.03. The transportation company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.20 billion. Landstar System had a return on equity of 33.82% and a net margin of 5.61%. View Landstar System's Earnings History.
When is Landstar System's next earnings date?
What guidance has Landstar System issued on next quarter's earnings?
Landstar System issued an update on its fourth quarter earnings guidance on Wednesday, October, 24th. The company provided EPS guidance of $1.56-1.62 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.59. The company issued revenue guidance of $1.18-1.23 billion, compared to the consensus revenue estimate of $1.21 billion.Landstar System also updated its Q4 2018 guidance to $1.56-1.62 EPS.
What price target have analysts set for LSTR?
13 brokers have issued 12-month target prices for Landstar System's stock. Their predictions range from $96.00 to $143.00. On average, they expect Landstar System's share price to reach $115.50 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price. View Analyst Price Targets for Landstar System.
What is the consensus analysts' recommendation for Landstar System?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Landstar System in the last year. There are currently 2 sell ratings, 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Landstar System.
Has Landstar System been receiving favorable news coverage?
Media stories about LSTR stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Landstar System earned a news impact score of 0.9 on InfoTrie's scale. They also assigned news headlines about the transportation company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the near future.
Who are some of Landstar System's key competitors?
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), Heartland Express (HTLD), Saia (SAIA), Marten Transport (MRTN), ArcBest (ARCB), Universal Logistics (ULH), Covenant Transportation Group (CVTI), P.A.M. Transportation Services (PTSI), YRC Worldwide (YRCW), USA Truck (USAK) and Celadon Group (CGIP).
Who are Landstar System's key executives?
Landstar System's management team includes the folowing people:
- Mr. James B. Gattoni, Pres, CEO & Director (Age 57)
- Mr. L. Kevin Stout, VP & CFO (Age 49)
- Mr. Joseph J. Beacom, VP and Chief Safety & Operations Officer (Age 54)
- Mr. Michael K. Kneller, VP, Gen. Counsel & Sec. (Age 44)
- Mr. Patrick J. O'Malley, VP and Chief Commercial & Marketing Officer (Age 59)
Who are Landstar System's major shareholders?
Landstar System's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Clarkston Capital Partners LLC (1.48%), Fenimore Asset Management Inc. (0.79%), BTIM Corp. (0.49%), Hennessy Advisors Inc. (0.41%), Retirement Systems of Alabama (0.25%) and Cardinal Capital Management (0.04%). 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.
Which major investors are selling Landstar System stock?
LSTR stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., BTIM Corp., Clarkston Capital Partners LLC, Retirement Systems of Alabama, First Hawaiian Bank, Louisiana State Employees Retirement System and Nisa Investment Advisors LLC. Company insiders that have sold Landstar System company stock in the last year include Joseph J Beacom and Patrick J O'malley. View Insider Buying and Selling for Landstar System.
Which major investors are buying Landstar System stock?
LSTR stock was bought by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., Denali Advisors LLC, TrimTabs Asset Management LLC, Meeder Asset Management Inc., Cerebellum GP LLC and Cardinal Capital Management. View Insider Buying and Selling for Landstar System.
How do I buy shares of 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.
What is Landstar System's stock price today?
One share of LSTR stock can currently be purchased for approximately $104.52.
How big of a company is Landstar System?
Landstar System has a market capitalization of $4.17 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.
What is Landstar System's official website?
How can I contact Landstar System?
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]
MarketBeat Community Rating for Landstar System (NASDAQ LSTR)
MarketBeat's community ratings are surveys of what our community members think about Landstar System and other stocks. Vote "Outperform" if you believe LSTR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LSTR will underperform the S&P 500 over the long term. You may vote once every thirty days.
