Landstar System - LSTR Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Landstar System in the last twelve months. There are currently 9 hold ratings and 1 buy rating 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.
View LSTR analyst ratings or view top-rated stocks.

10 equities research analysts have issued 12 month price targets for Landstar System's shares. Their LSTR share price forecasts range from $140.00 to $200.00. On average, they predict the company's share price to reach $164.82 in the next year. This suggests that the stock has a possible downside of 11.1%.
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 start of the year. Since then, LSTR shares have increased by 13.9% and is now trading at $185.49.
View the best growth stocks for 2023 here.

Landstar System saw a decline in short interest during 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 trading volume, of 297,700 shares, the short-interest ratio is presently 6.6 days. Approximately 5.5% of the company's shares are sold short.
View Landstar System's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023.
View our LSTR earnings forecast.

Landstar System, Inc. (NASDAQ:LSTR) posted its earnings results on Wednesday, February, 1st. The transportation company reported $2.60 EPS for the quarter, missing analysts' consensus estimates of $2.62 by $0.02. The transportation company earned $1.67 billion during the quarter, compared to the consensus estimate of $1.76 billion. Landstar System had a trailing twelve-month return on equity of 49.62% and a net margin of 5.79%. Landstar System's revenue was down 13.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.99 EPS.

Landstar System announced a quarterly dividend on Wednesday, February 1st. Shareholders of record on Monday, February 13th will be paid a dividend of $0.30 per share on Friday, March 10th. This represents a $1.20 annualized dividend and a dividend yield of 0.65%. The ex-dividend date of this dividend is Friday, February 10th.
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 0.66%. 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 10.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LSTR will have a dividend payout ratio of 13.03% 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 first quarter 2023 earnings guidance on Wednesday, February, 1st. The company provided EPS guidance of $2.05-$2.15 for the period, compared to the consensus EPS estimate of $2.21. The company issued revenue guidance of $1.40 billion-$1.45 billion, compared to the consensus revenue estimate of $1.53 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 a variety of 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 WCM Investment Management LLC (0.48%). 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.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of LSTR stock can currently be purchased for approximately $185.49.

Landstar System (NASDAQ:LSTR) has a market capitalization of $6.66 billion and generates $7.44 billion in revenue each year. The transportation company earns $430.91 million in net income (profit) each year or $11.75 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.