NASDAQ:MRTN Marten Transport (MRTN) Stock Price, News & Analysis $18.61 +0.39 (+2.14%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$18.23▼$18.6550-Day Range$16.64▼$18.6152-Week Range$15.33▼$23.38Volume518,440 shsAverage Volume454,964 shsMarket Capitalization$1.51 billionP/E Ratio26.21Dividend Yield1.29%Price Target$20.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Marten Transport alerts: Email Address Marten Transport MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside7.5% Upside$20.00 Price TargetShort InterestHealthy1.30% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.05Based on 6 Articles This WeekInsider TradingSelling Shares$164,520 Sold Last QuarterProj. Earnings Growth67.27%From $0.55 to $0.92 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.64 out of 5 starsTransportation Sector55th out of 120 stocksTrucking, Except Local Industry9th out of 13 stocks 1.3 Analyst's Opinion Consensus RatingMarten Transport has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageMarten Transport has only been the subject of 2 research reports in the past 90 days.Read more about Marten Transport's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.30% of the float of Marten Transport has been sold short.Short Interest Ratio / Days to CoverMarten Transport has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Marten Transport has recently decreased by 13.05%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMarten Transport pays a meaningful dividend of 1.38%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMarten Transport does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Marten Transport is 33.80%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Marten Transport will have a dividend payout ratio of 26.09% next year. This indicates that Marten Transport will be able to sustain or increase its dividend.Read more about Marten Transport's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MRTN. Previous Next 2.2 News and Social Media Coverage News SentimentMarten Transport has a news sentiment score of 0.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Marten Transport this week, compared to 2 articles on an average week.MarketBeat Follows1 people have added Marten Transport to their MarketBeat watchlist in the last 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Marten Transport insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $164,520.00 in company stock.Percentage Held by Insiders22.90% of the stock of Marten Transport is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions69.12% of the stock of Marten Transport is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Marten Transport's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Marten Transport are expected to grow by 67.27% in the coming year, from $0.55 to $0.92 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Marten Transport is 26.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Marten Transport is 26.21, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 21.77.Price to Book Value per Share RatioMarten Transport has a P/B Ratio of 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Marten Transport's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad MarketBeatWe just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.Start Your Risk-Free Trial Here About Marten Transport Stock (NASDAQ:MRTN)Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United State, Mexico, and Canada. The company 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, as well as dry freight; and regional short-haul and medium-to-long-haul full-load transportation services. 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 refrigerated containers and 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, 2023, the company operated a fleet of 3,349 tractors, that included 3,255 company-owned tractors and 94 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.Read More MRTN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MRTN Stock News HeadlinesJuly 26 at 6:35 AM | insidertrades.comMarten Transport, Ltd. (NASDAQ:MRTN) COO Adam Daniel Phillips Sells 4,500 SharesJuly 20, 2024 | americanbankingnews.comMarten Transport (NASDAQ:MRTN) Issues Earnings ResultsJuly 26, 2024 | American Hartford Gold Group (Ad)Prepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.July 20, 2024 | americanbankingnews.comMarten Transport (NASDAQ:MRTN) Announces Quarterly Earnings ResultsJuly 20, 2024 | americanbankingnews.comMarten Transport (NASDAQ:MRTN) Shares Gap Down After Earnings MissJuly 19, 2024 | finance.yahoo.comMarten still holding line on rate cuts even as Q2 financials deteriorateJuly 18, 2024 | investorplace.comMRTN Stock Earnings: Marten Transport Misses EPS, Misses Revenue for Q2 2024July 18, 2024 | gurufocus.comMarten Transport Ltd (MRTN) Q2 2024 Earnings: EPS Misses Estimates, Revenue Falls ShortJuly 26, 2024 | DTI (Ad)How a $0.25 cent option contract makes my top traders feelIf you don’t know me, I’ve been in the markets for over 40 years… but recently, I’ve discovered a breakthrough that might be my favorite strategy of ALL time! While I kept the finer details of these $0.25 Cent Trades under wraps until recently…July 18, 2024 | globenewswire.comMarten Transport Announces Second Quarter ResultsJuly 16, 2024 | americanbankingnews.comMarten Transport (MRTN) to Release Quarterly Earnings on ThursdayJuly 15, 2024 | seekingalpha.comMarten Transport: On A Road To Recovery Navigating A Freight RecessionJuly 15, 2024 | seekingalpha.comMarten Transport: Signs Of Improvement Justify A Neutral Stance As Earnings NearJuly 9, 2024 | seekingalpha.comMarten Transport falls after downgrade from Vertical ResearchMay 7, 2024 | globenewswire.comMARTEN TRANSPORT DECLARES QUARTERLY DIVIDENDMay 1, 2024 | finance.yahoo.comHere's Why Marten Transport, Ltd.'s (NASDAQ:MRTN) CEO Compensation Is The Least Of Shareholders ConcernsApril 18, 2024 | investorplace.comMRTN Stock Earnings: Marten Transport Meets EPS, Misses Revenue for Q1 2024April 18, 2024 | finance.yahoo.comBad news at Marten: Profits miss expectations, truckload OR plummetsSee More Headlines Receive MRTN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Marten Transport and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Last Earnings7/18/2024Today7/26/2024Next Earnings (Estimated)10/16/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Trucking, except local Sub-IndustryTrucking Current SymbolNASDAQ:MRTN CUSIP57307510 CIK799167 Webwww.marten.com Phone(715) 926-4216Fax715-926-4530Employees4,213Year FoundedN/APrice Target and Rating Average Stock Price Target$20.00 High Stock Price Target$21.00 Low Stock Price Target$19.00 Potential Upside/Downside+7.5%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.71 Trailing P/E Ratio26.21 Forward P/E Ratio33.84 P/E GrowthN/ANet Income$70.37 million Net Margins4.17% Pretax Margin5.63% Return on Equity5.74% Return on Assets4.36% Debt Debt-to-Equity RatioN/A Current Ratio1.85 Quick Ratio1.92 Sales & Book Value Annual Sales$1.13 billion Price / Sales1.34 Cash Flow$2.47 per share Price / Cash Flow7.53 Book Value$9.42 per share Price / Book1.98Miscellaneous Outstanding Shares81,360,000Free Float62,731,000Market Cap$1.51 billion OptionableOptionable Beta0.77 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Randolph L. Marten (Age 71)Executive Chairman of the Board Comp: $820.48kMr. Timothy M. Kohl (Age 76)Chief Executive Officer Comp: $753.49kMr. Douglas Paul Petit (Age 57)President Comp: $405.76kMr. James J. Hinnendael (Age 61)Executive VP & CFO Comp: $416.76kMr. Adam D. PhillipsExecutive VP & COOMr. Randall J. BaierExecutive VP & CTOMr. Patrick J. Pazderka J.D.SecretaryMore ExecutivesKey CompetitorsU.S. Xpress EnterprisesNYSE:USXYRC WorldwideNASDAQ:YRCWAvis Budget GroupNASDAQ:CARWerner EnterprisesNASDAQ:WERNHertz GlobalNASDAQ:HTZView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 41,505 shares on 7/26/2024Ownership: 0.851%Adam Daniel PhillipsSold 4,500 sharesTotal: $82,530.00 ($18.34/share)Nisa Investment Advisors LLCSold 2,858 shares on 7/20/2024Ownership: 0.007%Raymond James & AssociatesBought 81,219 shares on 7/19/2024Ownership: 0.224%SG Americas Securities LLCBought 63,533 shares on 7/12/2024Ownership: 0.078%View All Insider TransactionsView All Institutional Transactions MRTN Stock Analysis - Frequently Asked Questions How have MRTN shares performed this year? Marten Transport's stock was trading at $20.98 at the beginning of the year. Since then, MRTN stock has decreased by 11.3% and is now trading at $18.61. View the best growth stocks for 2024 here. How were Marten Transport's earnings last quarter? Marten Transport, Ltd. (NASDAQ:MRTN) posted its earnings results on Thursday, July, 18th. The transportation company reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by $0.01. Marten Transport's revenue for the quarter was down 13.8% on a year-over-year basis. When did Marten Transport's stock split? Marten Transport's stock split before market open on 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 stock prior to the split would have 150 shares after the split. What is Randy Marten's approval rating as Marten Transport's CEO? 91 employees have rated Marten Transport Chief Executive Officer Randy Marten on Glassdoor.com. Randy Marten has an approval rating of 72% among the company's employees. Who are Marten Transport's major shareholders? Top institutional investors of Marten Transport include Bank of New York Mellon Corp (0.85%), Raymond James & Associates (0.22%), Confluence Investment Management LLC (0.19%) and SG Americas Securities LLC (0.08%). Insiders that own company stock include Larry B Hagness, Thomas J Winkel, Douglas Paul Petit, Adam Daniel Phillips, James J Hinnendael, John H Turner, Robert L Demorest and Jerry M Bauer. View institutional ownership trends. How do I buy shares of Marten Transport? Shares of MRTN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Marten Transport own? Based on aggregate information from My MarketBeat watchlists, some other companies that Marten Transport investors own include Pfizer (PFE), AbbVie (ABBV), Chipotle Mexican Grill (CMG), Procter & Gamble (PG), Pentair (PNR), AT&T (T) and Abbott Laboratories (ABT). This page (NASDAQ:MRTN) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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