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

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

Landstar System declared a quarterly dividend on Wednesday, October 24th. Stockholders of record on Tuesday, November 13th will be given a dividend of $0.165 per share on Friday, December 7th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date of this dividend is Friday, November 9th. View Landstar System's Dividend History.

Landstar System declared that its Board of Directors has approved a stock repurchase plan on Friday, December 15th 2017, which authorizes the company to repurchase 1,960,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its shares are undervalued.

Landstar System, Inc. (NASDAQ:LSTR) released its earnings results on Wednesday, October, 24th. The transportation company reported $1.63 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.60 by $0.03. The transportation company earned $1.20 billion during the quarter, compared to analysts' expectations of $1.20 billion. Landstar System had a net margin of 5.61% and a return on equity of 33.82%. View Landstar System's Earnings History.

Landstar System is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Landstar System.

Landstar System updated its fourth quarter earnings guidance on Wednesday, October, 24th. The company provided earnings per share (EPS) guidance of $1.56-1.62 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.59. The company issued revenue guidance of $1.18-1.23 billion, compared to the consensus revenue estimate of $1.21 billion.Landstar System also updated its Q4 2018 guidance to $1.56-1.62 EPS.

13 analysts have issued 1-year target prices for Landstar System's shares. Their forecasts range from $96.00 to $143.00. On average, they anticipate Landstar System's share price to reach $115.50 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price. View Analyst Price Targets 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.

News headlines about LSTR stock have trended somewhat positive recently, according to InfoTrie. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Landstar System earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news headlines about the transportation company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the company's share price in the next several days.

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

Landstar System's stock is owned by many different of institutional and retail investors. Top institutional investors include Fenimore Asset Management Inc. (0.79%), Hennessy Advisors Inc. (0.41%), Retirement Systems of Alabama (0.25%), Cardinal Capital Management (0.04%), Denali Advisors LLC (0.03%) and TrimTabs Asset Management LLC (0.03%). 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 Hennessy Advisors Inc., Retirement Systems of Alabama, First Hawaiian Bank and Louisiana State Employees Retirement System. 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.

LSTR stock was purchased by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., Denali Advisors LLC, TrimTabs Asset Management LLC, Cerebellum GP LLC and Cardinal Capital Management. 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 $99.33.

Landstar System has a market capitalization of $4.07 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.

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]