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Here's Why Investors Should Hold on to Landstar Stock Now
LSTRLandstar System(LSTR) ZACKS·2024-10-09 15:45

Landstar System (LSTR) is benefiting from its robust financial stability and strong liquidity. The shareholderfriendly approach also bodes well for the company. However, the company is grappling with the freight market downturn. Factors Favoring LSTR Landstar's commitment to shareholder value is commendable, as the company consistently returns significant capital to its investors through stock repurchase programs and dividends. In the first half of 2024, Landstar repurchased shares of its common stock for a ...