Last $64.08 USD
Change Today -0.10 / -0.16%
Volume 766.2K
LSTR On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

landstar system inc (LSTR) Snapshot

Open
$64.00
Previous Close
$64.18
Day High
$64.69
Day Low
$63.64
52 Week High
11/28/14 - $80.61
52 Week Low
02/6/14 - $55.19
Market Cap
2.9B
Average Volume 10 Days
541.8K
EPS TTM
$3.09
Shares Outstanding
44.7M
EX-Date
02/11/15
P/E TM
20.7x
Dividend
$0.28
Dividend Yield
1.97%
Current Stock Chart for LANDSTAR SYSTEM INC (LSTR)

landstar system inc (LSTR) Related Businessweek News

No Related Businessweek News Found

landstar system inc (LSTR) Details

Landstar System, Inc., together with its subsidiaries, provides integrated transportation management solutions in the United States and internationally. It operates in two segments, Transportation Logistics and Insurance. The Transportation Logistics segment provides 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, project cargo, and customs brokerage, as well as warehousing solutions. This segment offers truck services through dry and specialty vans of various sizes, unsided/platform trailers, temperature-controlled vans, and containers; rail intermodal services through contracts with domestic and Canadian railroads; and air and ocean services through contracts with domestic and international airlines and ocean lines. It serves automotive products, lumber and building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, ammunition and explosives, and military equipment industries, as well as offers transportation services to other transportation companies, including logistics and less-than-truckload service providers. The Insurance segment reinsures certain risks of the company’s independent contractors. The company markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.

landstar system inc (LSTR) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $300.0K
Executive Chairman, Member of Safety & Risk C...
Total Annual Compensation: $575.0K
Chief Safety & Operations Officer and Vice Pr...
Total Annual Compensation: $215.0K
Chief Commercial & Marketing Officer and Vice...
Total Annual Compensation: $230.0K
Vice President, General Counsel and Secretary
Total Annual Compensation: $225.0K
Compensation as of Fiscal Year 2013.

landstar system inc (LSTR) Key Developments

Landstar System Inc. Declares Quarterly Dividend, Payable on March 13, 2015

Landstar System Inc. announced that its Board of Directors has declared a quarterly dividend of $0.07 per share payable on March 13, 2015, to stockholders of record as of the close of business on February 16, 2015. It is currently the intention of the Board to pay dividends on a quarterly basis going forward.

Landstar System Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 27, 2014; Provides Earnings Guidance for the First Quarter of 2015

Landstar System Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 27, 2014. For the quarter, the company reported revenue of $ 862,830,000 against $691,975,000 a year ago. Operating income was $61,209,000 against $39,741,000 a year ago. Income from continuing operations before income taxes was $60,292,000 against $38,897,000 a year ago. Income from continuing operations was $38,491,000 or $0.86 per diluted and basic share against $25,176,000 or $0.55 per diluted and basic share a year ago. Net income of $38,491,000 or $0.86 per diluted and basic share compared to $59,557,000 or $1.30 per diluted and basic share a year ago period. For the year, the company reported revenue of $3,184,790,000 against $2,664,780,000 a year ago. Operating income was $224,372,000 against $176,590,000 a year ago. Income from continuing operations before income taxes was $221,195,000 against $173,379,000 a year ago. Income from continuing operations was $138,809,000 or $3.07 per diluted share against $108,922,000 or $2.36 per diluted share a year ago. Net income was $138,809,000 or $3.07 per diluted share compared to $146,009,000 or $3.16 per diluted share a year ago period. Cash flow from operations for 2014 was $102 million, and cash capital expenditures were $11 million. Trailing 12-month return on average shareholders equity was 30%, and trailing 12-month return on invested capital was 24%. Assuming continued strength in both load volume and revenue per load from truck transportation services throughout the remainder of the 2015 first quarter, the company expected revenue for the 2015 first quarter to be in a range of $750 million to $800 million and, assuming that range of estimated revenue. The company expected 2015 first quarter diluted earnings per share to be in a range of $0.71 to $0.76 per share compared to $0.61 per diluted share in the 2014 first quarter.

Landstar System, Inc. Names Kevin Stout as Vice President and Chief Financial Officer, Effective December 29, 2014

Landstar System Inc. announced that Kevin Stout has been named Vice President and Chief Financial Officer of the company, effective December 29, 2014. Stout, who joined Landstar in 1997 as Director of Financial Reporting, is responsible for safeguarding the company's assets, and managing the entire financial and administrative operation for the nearly $3 billion transportation services provider. Stout was promoted to Director of Budget and Planning in 2003 and promoted again in 2004 to Vice President of Finance for the Landstar Carrier Group.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LSTR:US $64.08 USD -0.10

LSTR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ArcBest Corp $37.26 USD -2.54
Hub Group Inc $33.40 USD -0.64
Swift Transportation Co $24.58 USD -1.03
TransForce Inc C$28.84 CAD -0.32
Werner Enterprises Inc $28.53 USD -0.72
View Industry Companies
 

Industry Analysis

LSTR

Industry Average

Valuation LSTR Industry Range
Price/Earnings 20.9x
Price/Sales 0.9x
Price/Book 5.9x
Price/Cash Flow 17.2x
TEV/Sales 0.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact LANDSTAR SYSTEM INC, please visit www.landstar.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.