Landstar System - LSTR Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Landstar System in the last twelve months. There are currently 8 hold ratings for the stock. The consensus among Wall Street 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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8 Wall Street research analysts have issued 12 month price objectives for Landstar System's stock. Their LSTR share price forecasts range from $140.00 to $182.00. On average, they expect the company's stock price to reach $155.33 in the next twelve months. This suggests that the stock has a possible downside of 10.8%.
View analysts price targets for LSTR or view top-rated stocks among Wall Street analysts.

Landstar System's stock was trading at $162.90 at the beginning of the year. Since then, LSTR shares have increased by 6.9% and is now trading at $174.15.
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Landstar System saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 1,970,000 shares, a decline of 6.6% from the December 31st total of 2,110,000 shares. Based on an average daily volume of 297,700 shares, the days-to-cover ratio is presently 6.6 days. Currently, 5.5% of the shares of the stock are sold short.
View Landstar System's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our LSTR earnings forecast.

Landstar System will be holding an earnings conference call on Thursday, February 2nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 203-369-3990.

Landstar System, Inc. (NASDAQ:LSTR) posted its quarterly earnings data on Tuesday, October, 19th. The transportation company reported $2.58 EPS for the quarter, topping analysts' consensus estimates of $2.50 by $0.08. The transportation company had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.70 billion. Landstar System had a trailing twelve-month return on equity of 52.31% and a net margin of 5.85%. The firm's revenue was up 59.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.61 EPS.

Landstar System declared a None dividend on Wednesday, December 7th. Shareholders of record on Friday, January 6th will be given a dividend of $2.00 per share on Friday, January 20th. The ex-dividend date of this dividend is Thursday, January 5th.
Read our dividend analysis for LSTR.

Landstar System (NASDAQ:LSTR) pays an annual dividend of $1.20 per share and currently has a dividend yield of 0.71%. 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 9.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LSTR will have a dividend payout ratio of 13.10% 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 fourth quarter 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share guidance of $2.60-$2.70 for the period, compared to the consensus estimate of $2.56. The company issued revenue guidance of $1.77 billion-$1.82 billion, compared to the consensus revenue estimate of $1.73 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 many different institutional and retail investors. Top institutional investors include Copeland Capital Management LLC (1.06%), Mountain Pacific Investment Advisers Inc. ID (0.74%), Vaughan Nelson Investment Management L.P. (0.71%), Boston Trust Walden Corp (0.70%), Natixis Advisors L.P. (0.51%) and Seizert Capital Partners LLC (0.46%). Insiders that own company stock include Diana M Murphy, Dr Homaira Akbari, James B Gattoni, Joseph J Beacom, L Kevin Stout, Larry J Thoele and Michael K Kneller.
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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 $174.15.

Landstar System (NASDAQ:LSTR) has a market capitalization of $6.26 billion and generates $6.54 billion in revenue each year. The transportation company earns $381.52 million in net income (profit) each year or $12.14 on an earnings per share basis.

The company employs 1,399 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.