NASDAQ:LSTR - Landstar System Stock Price, News, & Analysis

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$109.38 +0.46 (+0.42 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$108.92
Today's Range$108.69 - $110.04
52-Week Range$90.23 - $128.70
Volume338,636 shs
Average Volume367,151 shs
Market Capitalization$4.50 billion
P/E Ratio17.70
Dividend Yield0.61%
Beta1.16
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.

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Industry, Sector and Symbol

Industry Trucking, except local
Sub-IndustryTrucking
SectorTransportation
Current SymbolNASDAQ:LSTR
CUSIP51509810
Phone904-398-9400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.62 billion
Cash Flow$7.3607 per share
Book Value$16.76 per share

Profitability

Net Income$255.28 million

Miscellaneous

Employees1,273
Market Cap$4.50 billion
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 announced a quarterly dividend on Friday, February 1st. Shareholders of record on Monday, February 18th will be paid a dividend of $0.165 per share on Friday, March 15th. This represents a $0.66 annualized dividend and a yield of 0.60%. The ex-dividend date of this dividend is Thursday, February 14th. View Landstar System's Dividend History.

How will Landstar System's stock buyback program work?

Landstar System declared that its board has approved a stock repurchase program on Friday, December 15th 2017, which permits the company to buyback 1,960,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its shares are undervalued.

How were Landstar System's earnings last quarter?

Landstar System, Inc. (NASDAQ:LSTR) announced its earnings results on Wednesday, January, 30th. The transportation company reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.58 by $0.10. The transportation company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.21 billion. Landstar System had a net margin of 5.53% and a return on equity of 36.70%. The company's revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period last year, the firm earned $2.51 earnings per share. View Landstar System's Earnings History.

When is Landstar System's next earnings date?

Landstar System is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Landstar System.

What guidance has Landstar System issued on next quarter's earnings?

Landstar System updated its first quarter 2019 earnings guidance on Wednesday, January, 30th. The company provided EPS guidance of $1.51-1.57 for the period, compared to the Thomson Reuters consensus estimate of $1.42. The company issued revenue guidance of $1.025-1.075 billion, compared to the consensus revenue estimate of $1.1 billion.

What price target have analysts set for LSTR?

13 equities research analysts have issued 1-year price objectives for Landstar System's stock. Their predictions range from $96.00 to $143.00. On average, they anticipate Landstar System's stock price to reach $113.60 in the next year. This suggests a possible upside of 3.9% 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?

Press coverage about LSTR stock has been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Landstar System earned a news sentiment score of 1.2 on InfoTrie's scale. They also assigned news coverage about the transportation company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the next several days.

Who are some of Landstar System's key competitors?

Who are Landstar System's key executives?

Landstar System's management team includes the folowing people:
  • Mr. James B. Gattoni, Pres, CEO & Director (Age 58)
  • Mr. L. Kevin Stout, VP & CFO (Age 50)
  • Mr. Joseph J. Beacom, VP and Chief Safety & Operations Officer (Age 55)
  • Mr. Michael K. Kneller, VP, Gen. Counsel & Sec. (Age 45)
  • Mr. Patrick J. O'Malley, VP and Chief Commercial & Marketing Officer (Age 60)

Who are Landstar System's major shareholders?

Landstar System's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.16%), Atlanta Capital Management Co. L L C (5.71%), Victory Capital Management Inc. (4.18%), Kayne Anderson Rudnick Investment Management LLC (2.09%), Royce & Associates LP (2.03%) and Eagle Asset Management Inc. (1.75%). 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 Kayne Anderson Rudnick Investment Management LLC, Smith Asset Management Group LP, Millennium Management LLC, Los Angeles Capital Management & Equity Research Inc., Royce & Associates LP, Hennessy Advisors Inc., First Trust Advisors LP and Martingale Asset Management L P. 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 BlackRock Inc., Northern Trust Corp, Victory Capital Management Inc., Vaughan Nelson Investment Management L.P., MERIAN GLOBAL INVESTORS UK Ltd, Gotham Asset Management LLC, Canada Pension Plan Investment Board and Fenimore Asset Management Inc.. 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 $109.38.

How big of a company is Landstar System?

Landstar System has a market capitalization of $4.50 billion and generates $4.62 billion in revenue each year. The transportation company earns $255.28 million in net income (profit) each year or $6.18 on an earnings per share basis. Landstar System employs 1,273 workers across the globe.

What is Landstar System's official website?

The official website for Landstar System is http://www.landstar.com.

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)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  405 (Vote Outperform)
Underperform Votes:  614 (Vote Underperform)
Total Votes:  1,019
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.
This page was last updated on 2/16/2019 by MarketBeat.com Staff

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