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

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

Landstar System announced 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 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend is Wednesday, May 9th. View Landstar System's Dividend History.

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

Landstar System (NASDAQ:LSTR) posted its quarterly earnings data on Wednesday, April, 25th. The transportation company reported $1.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.35 by $0.02. The transportation company earned $1.05 billion during the quarter, compared to analysts' expectations of $1.03 billion. Landstar System had a net margin of 5.17% and a return on equity of 27.86%. The company's quarterly revenue was up 34.2% on a year-over-year basis. During the same quarter in the prior year, the company 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 earnings per share 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 brokerages have issued 12 month price objectives for Landstar System's shares. Their forecasts range from $87.00 to $143.00. On average, they expect Landstar System's stock price to reach $112.50 in the next year. View Analyst Ratings for Landstar System.

Landstar System saw a increase in short interest during the month of April. As of April 30th, there was short interest totalling 1,926,362 shares, an increase of 33.1% from the April 13th total of 1,447,682 shares. Based on an average daily trading volume, of 587,788 shares, the days-to-cover ratio is presently 3.3 days. Approximately 4.6% of the company's shares are sold short.

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

Headlines about LSTR stock have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Landstar System earned a daily sentiment score of 0.20 on Accern's scale. They also assigned news stories about the transportation company an impact score of 47.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

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 and Michael K Kneller. 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 $112.00.

Landstar System has a market capitalization of $4.67 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]