NASDAQ:MRTN

Marten Transport Stock Forecast, Price & News

$15.82
+0.19 (+1.22 %)
(As of 07/30/2021 12:00 AM ET)
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Today's Range
$15.56
$15.87
50-Day Range
$15.09
$17.12
52-Week Range
$15.02
$19.39
Volume367,200 shs
Average Volume344,017 shs
Market Capitalization$1.31 billion
P/E Ratio16.83
Dividend Yield1.01%
Beta1
30 days | 90 days | 365 days | Advanced Chart
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Marten Transport logo

About Marten Transport

Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico. It operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment. The Dedicated segment offers customized transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermodal segment transports customers' freight utilizing its temperature-controlled trailers on railroad flatcars for portions of trips, as well as using tractors and contracted carriers. The Brokerage segment develops contractual relationships with and arranges for third-party carriers to transport freight for customers in temperature-controlled trailers and dry vans. As of December 31, 2020, the company operated a fleet of 3,331 tractors, including 3,188 company-owned tractors and 143 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.

Headlines

Marten Transport Enters Oversold Territory
Marten Transport Enters Oversold Territory
July 22, 2021 |  nasdaq.com
Marten Transport (NASDAQ:MRTN) Hits New 52-Week Low at $15.07
Marten Transport (NASDAQ:MRTN) Hits New 52-Week Low at $15.07
July 19, 2021 |  americanbankingnews.com
5 Stocks To Watch For July 16, 2021
5 Stocks To Watch For July 16, 2021
July 16, 2021 |  msn.com
Marten Transport (NASDAQ:MRTN) Shares Gap Down to $16.81
Marten Transport (NASDAQ:MRTN) Shares Gap Down to $16.81
July 16, 2021 |  americanbankingnews.com
Recap: Marten Transport Q2 Earnings
Recap: Marten Transport Q2 Earnings
July 15, 2021 |  benzinga.com
See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

3.11 out of 5 stars

Transportation Sector

4th out of 257 stocks

Trucking, Except Local Industry

2nd out of 22 stocks

Analyst Opinion: 3.5Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 2.5 5 -4 -3 -2 -1 -
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Marten Transport (NASDAQ:MRTN) Frequently Asked Questions

Is Marten Transport a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marten Transport in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Marten Transport stock.
View analyst ratings for Marten Transport
or view top-rated stocks.

What stocks does MarketBeat like better than Marten Transport?

Wall Street analysts have given Marten Transport a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Marten Transport wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Marten Transport's next earnings date?

Marten Transport is scheduled to release its next quarterly earnings announcement on Thursday, October 21st 2021.
View our earnings forecast for Marten Transport
.

How were Marten Transport's earnings last quarter?

Marten Transport, Ltd. (NASDAQ:MRTN) issued its earnings results on Wednesday, July, 14th. The transportation company reported $0.26 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.26. The transportation company earned $232.44 million during the quarter, compared to analysts' expectations of $240.05 million. Marten Transport had a trailing twelve-month return on equity of 12.07% and a net margin of 8.57%. The company's revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.33 earnings per share.
View Marten Transport's earnings history
.

How has Marten Transport's stock price been impacted by COVID-19 (Coronavirus)?

Marten Transport's stock was trading at $12.4667 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MRTN shares have increased by 26.9% and is now trading at $15.82.
View which stocks have been most impacted by COVID-19
.

How often does Marten Transport pay dividends? What is the dividend yield for Marten Transport?

Marten Transport declared a quarterly dividend on Tuesday, May 4th. Investors of record on Wednesday, June 16th will be given a dividend of $0.04 per share on Wednesday, June 30th. This represents a $0.16 annualized dividend and a yield of 1.01%. The ex-dividend date of this dividend is Tuesday, June 15th.
View Marten Transport's dividend history
.

Is Marten Transport a good dividend stock?

Marten Transport pays an annual dividend of $0.16 per share and currently has a dividend yield of 1.01%. Marten Transport does not yet have a strong track record of dividend growth. The dividend payout ratio of Marten Transport is 19.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Marten Transport will have a dividend payout ratio of 14.16% next year. This indicates that Marten Transport will be able to sustain or increase its dividend.
View Marten Transport's dividend history.

When did Marten Transport's stock split? How did Marten Transport's stock split work?

Shares of Marten Transport split on the morning of Friday, August 14th 2020. The 3-2 split was announced on Thursday, July 16th 2020. The newly created shares were payable to shareholders after the closing bell on Thursday, August 13th 2020. An investor that had 100 shares of Marten Transport stock prior to the split would have 150 shares after the split.

What price target have analysts set for MRTN?

2 brokerages have issued twelve-month target prices for Marten Transport's stock. Their forecasts range from $21.00 to $22.00. On average, they anticipate Marten Transport's stock price to reach $21.50 in the next twelve months. This suggests a possible upside of 35.9% from the stock's current price.
View analysts' price targets for Marten Transport
or view top-rated stocks among Wall Street analysts.

Who are Marten Transport's key executives?

Marten Transport's management team includes the following people:
  • Mr. Randolph L. Marten, Exec. Chairman (Age 68, Pay $979k)
  • Mr. Timothy M. Kohl, CEO & Pres (Age 73, Pay $726.01k)
  • Mr. James J. Hinnendael, Exec. VP & CFO (Age 58, Pay $443.8k)
  • Mr. John H. Turner, Exec. VP of Sales & Marketing (Age 59, Pay $435.78k)
  • Mr. Patrick J. Pazderka J.D., Sec.

What is Randy Marten's approval rating as Marten Transport's CEO?

91 employees have rated Marten Transport CEO Randy Marten on Glassdoor.com. Randy Marten has an approval rating of 72% among Marten Transport's employees.

Who are some of Marten Transport's key competitors?

What other stocks do shareholders of Marten Transport own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Marten Transport investors own include Pfizer (PFE), AbbVie (ABBV), Chipotle Mexican Grill (CMG), The Procter & Gamble (PG), Pentair (PNR), AT&T (T), Abbott Laboratories (ABT), Accenture (ACN), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).

What is Marten Transport's stock symbol?

Marten Transport trades on the NASDAQ under the ticker symbol "MRTN."

Who are Marten Transport's major shareholders?

Marten Transport's stock is owned by a variety of institutional and retail investors. Top institutional investors include Granite Investment Partners LLC (1.15%), Alliancebernstein L.P. (0.10%), State of Alaska Department of Revenue (0.05%), Tectonic Advisors LLC (0.05%), Exchange Traded Concepts LLC (0.04%) and Harel Insurance Investments & Financial Services Ltd. (0.00%). Company insiders that own Marten Transport stock include James J Hinnendael, Jerry M Bauer, John H Turner, Larry B Hagness, Randolph L Marten, Thomas J Winkel and Timothy M Kohl.
View institutional ownership trends for Marten Transport
.

Which institutional investors are buying Marten Transport stock?

MRTN stock was purchased by a variety of institutional investors in the last quarter, including Tectonic Advisors LLC, Alliancebernstein L.P., Harel Insurance Investments & Financial Services Ltd., Exchange Traded Concepts LLC, Granite Investment Partners LLC, and State of Alaska Department of Revenue.
View insider buying and selling activity for Marten Transport
or or view top insider-buying stocks.

How do I buy shares of Marten Transport?

Shares of MRTN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Marten Transport's stock price today?

One share of MRTN stock can currently be purchased for approximately $15.82.

How much money does Marten Transport make?

Marten Transport has a market capitalization of $1.31 billion and generates $874.37 million in revenue each year. The transportation company earns $69.50 million in net income (profit) each year or $0.84 on an earnings per share basis.

How many employees does Marten Transport have?

Marten Transport employs 4,162 workers across the globe.

What is Marten Transport's official website?

The official website for Marten Transport is www.marten.com.

Where are Marten Transport's headquarters?

Marten Transport is headquartered at 129 MARTEN STREET, MONDOVI WI, 55402.

How can I contact Marten Transport?

Marten Transport's mailing address is 129 MARTEN STREET, MONDOVI WI, 55402. The transportation company can be reached via phone at 715-926-4216 or via email at www.marten.com.


This page was last updated on 8/2/2021 by MarketBeat.com Staff
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