Landstar System, Inc. (LSTR)

NASDAQ: LSTR · IEX Real-Time Price · USD
168.15
-5.98 (-3.43%)
Apr 17, 2024, 3:21 PM EDT - Market open
-3.43%
Market Cap 6.01B
Revenue (ttm) 5.30B
Net Income (ttm) 264.39M
Shares Out 35.72M
EPS (ttm) 7.36
PE Ratio 22.83
Forward PE 25.01
Dividend $1.28 (0.76%)
Ex-Dividend Date Feb 9, 2024
Volume 338,911
Open 170.77
Previous Close 174.13
Day's Range 165.39 - 170.91
52-Week Range 161.13 - 208.62
Beta 0.84
Analysts Hold
Price Target 185.20 (+10.14%)
Earnings Date Apr 24, 2024

About LSTR

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, proj... [Read more]

Sector Industrials
IPO Date Mar 5, 1993
Employees 1,468
Stock Exchange NASDAQ
Ticker Symbol LSTR
Full Company Profile

Financial Performance

In 2023, LSTR's revenue was $5.30 billion, a decrease of -28.69% compared to the previous year's $7.44 billion. Earnings were $264.39 million, a decrease of -38.64%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for LSTR stock is "Hold." The 12-month stock price forecast is $185.2, which is an increase of 10.14% from the latest price.

Price Target
$185.2
(10.14% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Landstar to Release First Quarter Results on Wednesday, April 24, 2024

JACKSONVILLE, Fla., April 10, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2024 first quarter results after the market closes on Wednesday, April 2...

7 days ago - GlobeNewsWire

Landstar Appoints New Chief Sales Officers

Landstar System, Inc. today announced that two Landstar veterans have been promoted to lead its sales organization as executive officers of the Company.

4 weeks ago - GlobeNewsWire

Landstar System Reports Fourth Quarter Revenue of $1.204B and Earnings Per Share of $1.62

JACKSONVILLE, Fla., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported basic and diluted earnings per share (“EPS”) of $1.62 in the 2023 thir...

2 months ago - GlobeNewsWire

Landstar to Release Fourth Quarter Results on Wednesday, January 31, 2024

JACKSONVILLE, Fla. , Jan. 17, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2023 fourth quarter results after the market closes on Wednesday, Januar...

3 months ago - GlobeNewsWire

Landstar Announces Increase to Stock Purchase Program and Special Dividend

JACKSONVILLE, Fla., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ-LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe,...

4 months ago - GlobeNewsWire

Frank A. Lonegro to Succeed James B. Gattoni as Landstar CEO

Landstar System, Inc.'s Board of Directors announced it has named Frank A. Lonegro to succeed James B. Gattoni as President & CEO, effective Feb. 2, 2024.

4 months ago - GlobeNewsWire

Landstar to Participate in Stephens 2023 Annual Investment Conference

JACKSONVILLE, Fla., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) announced today its participation in Stephens 2023 Annual Investment Conference. Landstar's "fireside chat" di...

5 months ago - GlobeNewsWire

Landstar System Reports Third Quarter Revenue of $1.289B and Earnings Per Share of $1.71

JACKSONVILLE, Fla., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported basic and diluted earnings per share (“EPS”) of $1.71 in the 2023 thir...

6 months ago - GlobeNewsWire

Landstar to Release Third Quarter Results on Wednesday, October 25, 2023

JACKSONVILLE, Fla., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) announced today it will release its 2023 third quarter results after the market closes on Wednesday, October 2...

6 months ago - GlobeNewsWire

13 Unloved Stocks—and Why Wall Street Isn't Head Over Heels

Barron's looked for Russell 1000 companies that didn't have a single Buy recommendation.

Other symbols: AMCBENBHFCBSHDXCFHBHRL
6 months ago - Barrons

Landstar System Reports Second Quarter Revenue of $1.374B and Second Quarter Diluted Earnings Per Share of $1.85

JACKSONVILLE, Fla., July 26, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported diluted earnings per share (“DEPS”) of $1.85 in the 2023 second quarte...

9 months ago - GlobeNewsWire

Landstar to Release Second Quarter Results on Wednesday, July 26, 2023

JACKSONVILLE, Fla., July 12, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, speciali...

10 months ago - GlobeNewsWire

Landstar System, Inc. Ranks #489 on Fortune 500 List

JACKSONVILLE, Fla., June 05, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR), a worldwide technology-enabled, asset-light provider of integrated transportation management solutions deliv...

11 months ago - GlobeNewsWire

No seasonal uptick in May forces Landstar to lower guidance

Truck broker Landstar System lowered its second-quarter guidance in a filing with the Securities and Exchange Commission Tuesday after the market closed. The Jacksonville, Florida-based company said b...

11 months ago - FreightWaves

Landstar sees April step down but says bottom is near

Freight broker Landstar System said Thursday the soft trends it experienced in the first quarter are actually a little worse so far in April. The company expects normal seasonal freight patterns to re...

1 year ago - FreightWaves

Landstar System Reports First Quarter Revenue Of $1.436B And First Quarter Diluted Earnings Per Share Of $2.17

JACKSONVILLE, Fla., April 26, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported diluted earnings per share (“DEPS”) of $2.17 in the 2023 first quarte...

1 year ago - GlobeNewsWire

Landstar To Release First Quarter Results On Wednesday, April 26, 2023

JACKSONVILLE, Fla., April 12, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, special...

1 year ago - GlobeNewsWire

Landstar navigates downturn in Q4, points to summer recovery

Freight broker Landstar System joined a chorus of carriers, logistics providers and analysts Thursday, saying it expects a turnaround in market conditions by this summer. Management from the company t...

1 year ago - FreightWaves

Landstar System Reports Fourth Quarter Revenue of $1.675B and Fourth Quarter Diluted Earnings Per Share of $2.60

JACKSONVILLE, Fla., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported diluted earnings per share (“DEPS”) of $2.60 in the 2022 fourteen-week...

1 year ago - GlobeNewsWire

Landstar to Release Fourth Quarter Results on Wednesday, February 1, 2023

JACKSONVILLE, Fla., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, speciali...

1 year ago - GlobeNewsWire

Stocks This Week: Buy Avis Budget And Landstar

The markets are entering the most seasonally favorable period in any year. Here are S&P 400 stock selections.

Other symbols: CAR
1 year ago - Forbes

Landstar to Participate in Stephens 2022 Annual Investment Conference

JACKSONVILLE, Fla., Nov. 08, 2022 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) announced today its participation in Stephens 2022 Annual Investment Conference. Landstar's “fireside chat” di...

1 year ago - GlobeNewsWire

Tone sours on Q3 trucking calls

After racking up numerous quarters of record financial performances, truckload carriers are acknowledging the historic strength of the recent freight cycle has finally petered out. Sentiment from some...

Other symbols: JBHTKNXMSSNDR
1 year ago - FreightWaves

For freight companies, this year's peak will be weak

Peak season, an annual event in the freight industry, serves as the most important season in the calendar for many transportation firms. Depending on mode, peak season kicks off at different points on...

Other symbols: JBHTKNX
1 year ago - FreightWaves

Landstar reports solid Q3, comps to freight boom ahead

Landstar System noted a deceleration in trends during the 2022 third quarter on a call with analysts Thursday. However, the freight broker's rate and load metrics have remained firm compared to the br...

1 year ago - FreightWaves