Landstar System - LSTR Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Landstar System in the last year. There are currently 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LSTR shares. 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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10 brokerages have issued 1 year price objectives for Landstar System's shares. Their LSTR share price forecasts range from $140.00 to $200.00. On average, they anticipate the company's stock price to reach $164.82 in the next year. This suggests that the stock has a possible downside of 4.7%.
View analysts price targets for LSTR or view top-rated stocks among Wall Street analysts.

Landstar System's stock was trading at $162.90 on January 1st, 2023. Since then, LSTR shares have increased by 6.2% and is now trading at $172.95.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our LSTR earnings forecast.

Landstar System will be holding an earnings conference call on Thursday, April 27th 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 Wednesday, February, 1st. The transportation company reported $2.60 earnings per share for the quarter, missing the consensus estimate of $2.62 by $0.02. The transportation company had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.76 billion. Landstar System had a net margin of 5.79% and a trailing twelve-month return on equity of 49.62%. The business's quarterly revenue was down 13.9% on a year-over-year basis. During the same period last year, the business earned $2.99 EPS.

Landstar System announced a quarterly dividend on Wednesday, February 1st. Investors of record on Monday, February 13th will be paid a dividend of $0.30 per share on Friday, March 10th. This represents a $1.20 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date is Friday, February 10th.
Read our dividend analysis for LSTR.

ETFs with the largest weight of Landstar System (NASDAQ:LSTR) stock in their portfolio include MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS), VictoryShares THB Mid Cap ESG ETF (MDCP), Ballast Small/Mid Cap ETF (MGMT), SPDR S&P Transportation ETF (XTN), Opus Small Cap Value Plus ETF (OSCV), ProShares Supply Chain Logistics ETF (SUPL) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV).

Landstar System (NASDAQ:LSTR) pays an annual dividend of $1.20 per share and currently has a dividend yield of 0.69%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 10.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LSTR will have a dividend payout ratio of 12.51% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LSTR.

Landstar System issued an update on its first quarter 2023 earnings guidance on Wednesday, February, 1st. The company provided EPS guidance of $2.05-$2.15 for the period, compared to the consensus earnings per share estimate of $2.21. The company issued revenue guidance of $1.40 billion-$1.45 billion, compared to the consensus revenue estimate of $1.53 billion.

45 employees have rated Landstar System Chief Executive Officer Jim B. Gattoni on Glassdoor.com. Jim B. Gattoni has an approval rating of 78% among the company's employees.

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), Procter & Gamble (PG), Verizon Communications (VZ), 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 variety of retail and institutional investors. Top institutional investors include Morgan Stanley (8.48%), Boston Partners (4.61%), Victory Capital Management Inc. (4.53%), Victory Capital Management Inc. (4.53%), T. Rowe Price Investment Management Inc. (3.28%) and Fuller & Thaler Asset Management Inc. (2.36%). Insiders that own company stock include Diana M Murphy, Dr Homaira Akbari, James B Gattoni, Joseph J Beacom, L Kevin Stout, Larry J Thoele, Michael K Kneller and Ricardo S Coro.
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Shares of LSTR stock 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 $172.95.

Landstar System (NASDAQ:LSTR) has a market capitalization of $6.23 billion and generates $7.44 billion in revenue each year. The transportation company earns $430.91 million in net income (profit) each year or $11.75 on an earnings per share basis.

The company employs 1,449 workers across the globe.

Landstar System's mailing address is 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL, 32224. The official website for the company is www.landstar.com. The transportation company can be reached via phone at (904) 398-9400, via email at staylor@landstar.com, or via fax at 904-390-1437.