NASDAQ:LSTR - Landstar System Stock Price, Price Target & More

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

Landstar System declared a quarterly dividend on Thursday, April 26th. Shareholders of record on Thursday, May 10th will be given a dividend of $0.15 per share on Friday, June 1st. This represents a $0.60 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date is Wednesday, May 9th. View Landstar System's Dividend History.

Landstar System announced that its Board of Directors has approved a share repurchase plan on Friday, December 15th 2017, which authorizes the company to buyback 1,960,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its stock is undervalued.

Landstar System, Inc. (NASDAQ:LSTR) posted its quarterly earnings results on Wednesday, April, 25th. The transportation company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.35 by $0.02. The transportation company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.03 billion. Landstar System had a return on equity of 27.86% and a net margin of 5.17%. Landstar System's revenue for the quarter was up 34.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.77 earnings per share. View Landstar System's Earnings History.

Landstar System is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Landstar System.

Landstar System issued an update on its second quarter earnings guidance on Wednesday, April, 25th. The company provided earnings per share (EPS) guidance of $1.48-1.54 for the period, compared to the Thomson Reuters consensus estimate of $1.43. The company issued revenue guidance of $1.115-1.165 billion, compared to the consensus revenue estimate of $1.11 billion.

13 Wall Street analysts have issued 12-month price targets for Landstar System's shares. Their forecasts range from $87.00 to $143.00. On average, they anticipate Landstar System's stock price to reach $114.8333 in the next twelve months. View Analyst Ratings for Landstar System.

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), Saia (SAIA), Heartland Express (HTLD), Marten Transport (MRTN), ArcBest (ARCB), Universal Logistics (ULH), Covenant Transportation Group (CVTI), YRC Worldwide (YRCW), P.A.M. Transportation Services (PTSI), USA Truck (USAK) and Celadon Group (CGI).

News articles about LSTR stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Landstar System earned a coverage optimism score of 0.02 on Accern's scale. They also gave media headlines about the transportation company an impact score of 47.61 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Landstar System's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.12%), Atlanta Capital Management Co. L L C (5.62%), Victory Capital Management Inc. (3.32%), Kayne Anderson Rudnick Investment Management LLC (2.92%), JPMorgan Chase & Co. (2.35%) and Disciplined Growth Investors Inc. MN (2.20%). Company insiders that own Landstar System stock include Dr Homaira Akbari, James B Gattoni, Joseph J Beacom, L Kevin Stout, Larry S Thomas, Michael K Kneller and Patrick J O'malley. View Institutional Ownership Trends for Landstar System.

LSTR stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Citigroup Inc., JPMorgan Chase & Co., Dimensional Fund Advisors LP, State of Tennessee Treasury Department, Schroder Investment Management Group, Atlanta Capital Management Co. L L C and Disciplined Growth Investors Inc. MN. Company insiders that have sold Landstar System company stock in the last year include Dr Homaira Akbari, James B Gattoni, Joseph J Beacom, L Kevin Stout, Michael K Kneller and Patrick J O'malley. View Insider Buying and Selling for Landstar System.

LSTR stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, BlackRock Inc., Scopus Asset Management L.P., Lord Abbett & CO. LLC, Toronto Dominion Bank, Point72 Asset Management L.P., Dupont Capital Management Corp and Kayne Anderson Rudnick Investment Management LLC. View Insider Buying and Selling for 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.

One share of LSTR stock can currently be purchased for approximately $113.80.

Landstar System has a market capitalization of $4.77 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.

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]