Landstar System, Inc. (NASDAQ:LSTR) Updates On Dividend Release Date


On 2016-07-21, Landstar System, Inc. (NASDAQ:LSTR) confirmed the dividend disbursement of $0.09 a share to shareholders as on record 2016-08-08. The firm will release dividend on 2016-08-26 while ex-dividend date is reported to be 2016-08-04.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Landstar System, Inc. (NASDAQ:LSTR) paid a total of $0.09 per share in dividends. This figure stood at $0.09 a share in the same period a year ago indicating a deviation of 400.0001%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $65.722 on the stock. This figure is the average of recommendations offered by 9 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $74 and $55, respectively.

Taking the mathematical rating formula, the price for Landstar System, Inc. (NASDAQ:LSTR) stands at 3.24. Earnings Review Landstar System, Inc. (NASDAQ:LSTR) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $0.81.

Coming to the quarter ending on 2015-12-31, Landstar System, Inc. (NASDAQ:LSTR) recorded EPS of $0.76. The reported numbers came lower than the analysts’ estimates of $0.82, demonstrating a miss of $-0.06 as against reported figures.

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