Landstar System, Inc. (LSTR)
Market Cap | 6.70B |
Revenue (ttm) | 5.30B |
Net Income (ttm) | 264.39M |
Shares Out | 35.72M |
EPS (ttm) | 7.36 |
PE Ratio | 26.00 |
Forward PE | 28.30 |
Dividend | $1.28 (0.67%) |
Ex-Dividend Date | Feb 9, 2024 |
Volume | 127,280 |
Open | 187.98 |
Previous Close | 187.31 |
Day's Range | 187.62 - 191.70 |
52-Week Range | 161.13 - 208.62 |
Beta | 0.83 |
Analysts | Hold |
Price Target | 185.20 (-3.14%) |
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]
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 StatementsAnalyst Forecast
According to 10 analysts, the average rating for LSTR stock is "Hold." The 12-month stock price forecast is $185.2, which is a decrease of -3.14% from the latest price.
News
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.
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...
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...
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,...
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.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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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...
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...
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...
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...
Landstar System Reports Record Third Quarter Revenue of $1.816B and Record Third Quarter Diluted Earnings Per Share of $2.76
JACKSONVILLE, Fla., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) reported revenue of $1.816 billion in the 2022 third quarter, a 5 percent increase over revenue of $1.734 bil...