Landstar System Stock Price, News & Analysis (NASDAQ:LSTR)

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

Landstar System declared a quarterly dividend on Wednesday, July 24th. Shareholders of record on Monday, August 12th will be given a dividend of $0.185 per share on Friday, August 30th. This represents a $0.74 annualized dividend and a yield of 0.65%. The ex-dividend date of this dividend is Friday, August 9th. This is a positive change from Landstar System's previous quarterly dividend of $0.17. View Landstar System's Dividend History.

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

Landstar System, Inc. (NASDAQ:LSTR) posted its quarterly earnings data on Wednesday, July, 24th. The transportation company reported $1.53 EPS for the quarter, missing the Zacks' consensus estimate of $1.54 by $0.01. The transportation company earned $1.05 billion during the quarter, compared to the consensus estimate of $1.07 billion. Landstar System had a return on equity of 36.17% and a net margin of 5.82%. Landstar System's quarterly revenue was down 11.6% on a year-over-year basis. During the same quarter last year, the company earned $1.51 EPS. View Landstar System's Earnings History.

Landstar System is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Landstar System.

Landstar System will be holding an earnings conference call on Wednesday, October 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Landstar System issued an update on its third quarter earnings guidance on Wednesday, July, 24th. The company provided earnings per share (EPS) guidance of $1.48-1.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.55. The company issued revenue guidance of $1.01-1.06 billion, compared to the consensus revenue estimate of $1.10 billion.

11 Wall Street analysts have issued 12-month target prices for Landstar System's shares. Their forecasts range from $90.00 to $123.00. On average, they expect Landstar System's share price to reach $111.58 in the next year. This suggests that the stock has a possible downside of 1.7%. View Analyst Price Targets for Landstar System.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Landstar System in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Landstar System.

Press coverage about LSTR stock has trended somewhat positive recently, according to InfoTrie. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Landstar System earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news coverage about the transportation company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Landstar System.

Some companies that are related to Landstar System include Old Dominion Freight Line (ODFL), J B Hunt Transport Services (JBHT), Knight-Swift Transportation (KNX), Schneider National (SNDR), Werner Enterprises (WERN), Saia (SAIA), Heartland Express (HTLD), Marten Transport (MRTN), ArcBest (ARCB), Universal Logistics (ULH), P.A.M. Transportation Services (PTSI), Covenant Transportation Group (CVTI), US Xpress Enterprises (USX), YRC Worldwide (YRCW) and USA Truck (USAK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Landstar System investors own include Intel (INTC), Boeing (BA), Thermo Fisher Scientific (TMO), Gilead Sciences (GILD), Phillips 66 (PSX), Cisco Systems (CSCO), NVIDIA (NVDA), Starbucks (SBUX), Walt Disney (DIS) and IBM (IBM).

Landstar System's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Mountain Pacific Investment Advisers Inc. ID (0.60%), Hennessy Advisors Inc. (0.30%), Envestnet Asset Management Inc. (0.08%), Pacer Advisors Inc. (0.05%), Assenagon Asset Management S.A. (0.05%) 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.

LSTR stock was sold by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Hennessy Advisors Inc., Meeder Asset Management Inc., Pacer Advisors Inc., Mountain Pacific Investment Advisers Inc. ID and Cardinal Capital Management. Company insiders that have sold Landstar System company stock in the last year include James B Gattoni, Joseph J Beacom, L Kevin Stout and Patrick J O'malley. View Insider Buying and Selling for Landstar System.

LSTR stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Envestnet Asset Management Inc., Cerebellum GP LLC, State of Alaska Department of Revenue, Robeco Institutional Asset Management B.V. and Park National Corp OH. 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, Robinhood, Fidelity and Charles Schwab.

One share of LSTR stock can currently be purchased for approximately $113.48.

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 1,306 workers across the globe.View Additional Information About Landstar System.

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

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]