Landstar System (NASDAQ:LSTR) Announces Quarterly Earnings Results

Landstar System (NASDAQ:LSTRGet Free Report) issued its quarterly earnings data on Wednesday. The transportation company reported $1.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.04), Zacks reports. Landstar System had a net margin of 4.32% and a return on equity of 20.68%. Landstar System updated its Q1 2025 guidance to 1.050-1.250 EPS.

Landstar System Price Performance

Shares of LSTR stock opened at $172.92 on Thursday. The firm’s 50 day moving average price is $177.67 and its two-hundred day moving average price is $182.26. The stock has a market cap of $6.11 billion, a PE ratio of 29.66 and a beta of 0.83. Landstar System has a 52-week low of $164.04 and a 52-week high of $197.16. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.21 and a current ratio of 2.21.

Landstar System Increases Dividend

The firm also recently declared a special dividend, which was paid on Tuesday, January 21st. Stockholders of record on Tuesday, January 7th were given a dividend of $2.00 per share. This is a boost from Landstar System’s previous special dividend of $1.50. The ex-dividend date was Tuesday, January 7th. Landstar System’s payout ratio is currently 24.70%.

Insider Activity

In related news, CFO James P. Todd sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $184.32, for a total transaction of $184,320.00. Following the completion of the transaction, the chief financial officer now owns 14,083 shares in the company, valued at approximately $2,595,778.56. The trade was a 6.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have commented on LSTR. UBS Group boosted their price target on shares of Landstar System from $184.00 to $186.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Stifel Nicolaus increased their price target on Landstar System from $164.00 to $169.00 and gave the stock a “hold” rating in a research report on Thursday, January 23rd. Raymond James downgraded Landstar System from an “outperform” rating to a “market perform” rating in a research report on Friday, November 15th. TD Cowen decreased their target price on Landstar System from $176.00 to $174.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Finally, JPMorgan Chase & Co. raised their target price on Landstar System from $184.00 to $188.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. One analyst has rated the stock with a sell rating and twelve have issued a hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $172.27.

Get Our Latest Stock Analysis on LSTR

Landstar System Company Profile

(Get Free Report)

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, project cargo, and customs brokerage, as well as offers transportation services to other transportation companies, such as third party logistics and less-than-truckload services.

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Earnings History for Landstar System (NASDAQ:LSTR)

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