Marten Transport Stock Price, News & Analysis (NASDAQ:MRTN) $19.20 +0.35 (+1.86%) (As of 12/1/2023 ET) Add Compare Share Share Today's Range$18.77▼$19.2550-Day Range$17.40▼$20.1052-Week Range$17.34▼$23.38Volume221,689 shsAverage Volume236,367 shsMarket Capitalization$1.56 billionP/E Ratio18.64Dividend Yield1.25%Price Target$27.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Marten Transport MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside40.6% Upside$27.00 Price TargetShort InterestHealthy1.74% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.93Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth8.70%From $0.92 to $1.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.23 out of 5 starsIndustrials Sector1st out of 30 stocksTrucking Industry1st out of 3 stocks 3.5 Analyst's Opinion Consensus RatingMarten Transport has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.00, Marten Transport has a forecasted upside of 40.6% from its current price of $19.20.Amount of Analyst CoverageMarten Transport has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.74% 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 3.8, 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 13.04%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMarten Transport pays a meaningful dividend of 1.28%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMarten Transport has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Marten Transport is 23.30%. 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 24.00% next year. This indicates that Marten Transport will be able to sustain or increase its 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 2.7 News and Social Media Coverage News SentimentMarten Transport has a news sentiment score of 0.93. 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 higher news sentiment than the 0.34 average news sentiment score of Industrials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Marten Transport this week, compared to 1 article on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Marten Transport insiders have not sold or bought any 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 Institutions67.46% of the stock of Marten Transport is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Marten Transport are expected to grow by 8.70% in the coming year, from $0.92 to $1.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Marten Transport is 18.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.91.Price to Earnings Ratio vs. SectorThe P/E ratio of Marten Transport is 18.64, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 395.10.Price to Book Value per Share RatioMarten Transport has a P/B Ratio of 2.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks 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. 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, 2022, the company operated a fleet of 3,660 tractors, that included 3,564 company-owned tractors and 96 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 HeadlinesNovember 30, 2023 | msn.comMarten Transport, Ltd. declares $0.06 dividendNovember 22, 2023 | morningstar.comMarten Transport Ltd MRTNDecember 2, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 15, 2023 | finance.yahoo.comIs Marten Transport, Ltd. (NASDAQ:MRTN) Trading At A 49% Discount?October 18, 2023 | finance.yahoo.comMarten’s earnings reflect weaker truckload marketOctober 18, 2023 | gurufocus.comMarten Transport Ltd (MRTN) Reports Q3 2023 Earnings: Net Income Drops to $13.6 MillionOctober 18, 2023 | msn.comKeep An Eye Out: Pre-Market Movers And Analyst RecommendationsOctober 18, 2023 | msn.comS&P Futures Drop as Middle East Fears Weigh on Sentiment, Tesla and Netflix Earnings on TapDecember 2, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. October 17, 2023 | markets.businessinsider.comMarten Transport earnings preview: what Wall Street is expectingOctober 9, 2023 | msn.comMarten Transport: Undervalued After Recent PullbackOctober 9, 2023 | seekingalpha.comMarten Transport: A Great Ride That's Now OverOctober 6, 2023 | finance.yahoo.comMarten Transport (NASDAQ:MRTN) shareholders have earned a 11% CAGR over the last five yearsSeptember 2, 2023 | finance.yahoo.comMarten Transport (NASDAQ:MRTN) Is Paying Out A Dividend Of $0.06August 19, 2023 | finance.yahoo.comMarten Transport (NASDAQ:MRTN) Has Affirmed Its Dividend Of $0.06August 15, 2023 | finance.yahoo.comMARTEN TRANSPORT APPOINTS RANDALL BAIER AS EXECUTIVE VICE PRESIDENT AND CHIEF TECHNOLOGY OFFICERAugust 14, 2023 | finance.yahoo.comWhat Is Marten Transport, Ltd.'s (NASDAQ:MRTN) Share Price Doing?August 3, 2023 | finance.yahoo.comReasons that Led The London Company Small Cap Strategy to Invest in Marten Transport, Ltd. (MRTN)July 20, 2023 | finanznachrichten.deMarten Transport, Ltd.: Marten Transport Announces Second Quarter ResultsJuly 19, 2023 | finance.yahoo.comMarten sees minor pullback from Q1, sharper drop from a year agoJuly 15, 2023 | fool.comMarten Transport (NASDAQ: MRTN)July 14, 2023 | morningstar.comNorth American Morning Briefing: Bank Results in -2-July 12, 2023 | msn.comMarten Transport: A Very Fair Price To Get In AtJune 22, 2023 | finance.yahoo.comMRTN: Lowering target price to $22.00May 27, 2023 | finance.yahoo.comHere's Why We Think Marten Transport (NASDAQ:MRTN) Is Well Worth WatchingMay 19, 2023 | markets.businessinsider.comMarten Transport (MRTN) Receives a Buy from StephensMay 19, 2023 | msn.comStephens & Co. Reiterates Marten Transport (MRTN) Overweight RecommendationSee 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 9/29 Dividend9/14/2023Dividend Payable9/29/2023Last Earnings10/18/2023Today12/01/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/23/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Trucking Sub-IndustryTrucking SectorIndustrials Current SymbolNASDAQ:MRTN CUSIP57307510 CIK799167 Webwww.marten.com Phone(715) 926-4216Fax715-926-4530Employees4,575Year FoundedN/APrice Target and Rating Average Stock Price Target$27.00 High Stock Price Target$27.00 Low Stock Price Target$27.00 Potential Upside/Downside+40.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.03 Trailing P/E Ratio18.64 Forward P/E Ratio20.87 P/E GrowthN/ANet Income$110.35 million Net Margins7.04% Pretax Margin9.33% Return on Equity11.46% Return on Assets8.46% Debt Debt-to-Equity RatioN/A Current Ratio1.85 Quick Ratio1.85 Sales & Book Value Annual Sales$1.26 billion Price / Sales1.24 Cash Flow$2.80 per share Price / Cash Flow6.86 Book Value$9.22 per share Price / Book2.08Miscellaneous Outstanding Shares81,310,000Free Float62,689,000Market Cap$1.56 billion OptionableOptionable Beta0.89 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Randolph L. Marten (Age 70)Executive Chairman of the Board Comp: $1.43MMr. Timothy M. Kohl (Age 75)Chief Executive Officer Comp: $1.31MMr. Douglas Paul Petit (Age 56)President Comp: $703.34kMr. James J. Hinnendael (Age 60)Executive VP & CFO Comp: $723.08kMr. Randall J. BaierExecutive VP & CTOMr. Patrick J. Pazderka J.D.SecretaryMore ExecutivesKey CompetitorsHeartland ExpressNASDAQ:HTLDUniversal LogisticsNASDAQ:ULHCovenant Logistics GroupNASDAQ:CVLGP.A.M. Transportation ServicesNASDAQ:PTSIArcBestNASDAQ:ARCBView All CompetitorsInsiders & InstitutionsWellington Management Group LLPBought 654,848 shares on 12/1/2023Ownership: 0.805%American Century Companies Inc.Bought 91,508 shares on 11/30/2023Ownership: 1.099%Deutsche Bank AGSold 38,758 shares on 11/24/2023Ownership: 0.038%Public Sector Pension Investment BoardSold 31,030 shares on 11/22/2023Ownership: 0.088%Comerica BankSold 20,418 shares on 11/21/2023Ownership: 0.038%View All Insider TransactionsView All Institutional Transactions MRTN Stock Analysis - Frequently Asked Questions Should I buy or sell Marten Transport stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marten Transport in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" MRTN shares. View MRTN analyst ratings or view top-rated stocks. What is Marten Transport's stock price target for 2024? 1 brokerages have issued 1-year target prices for Marten Transport's shares. Their MRTN share price targets range from $27.00 to $27.00. On average, they expect the company's share price to reach $27.00 in the next year. This suggests a possible upside of 40.6% from the stock's current price. View analysts price targets for MRTN or view top-rated stocks among Wall Street analysts. How have MRTN shares performed in 2023? Marten Transport's stock was trading at $19.78 at the start of the year. Since then, MRTN stock has decreased by 2.9% and is now trading at $19.20. View the best growth stocks for 2023 here. When is Marten Transport's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024. View our MRTN earnings forecast. How were Marten Transport's earnings last quarter? Marten Transport, Ltd. (NASDAQ:MRTN) issued its earnings results on Wednesday, October, 18th. The transportation company reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by $0.01. The transportation company had revenue of $279.54 million for the quarter, compared to the consensus estimate of $280.65 million. Marten Transport had a trailing twelve-month return on equity of 11.46% and a net margin of 7.04%. Marten Transport's revenue for the quarter was down 13.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.32 earnings per share. How often does Marten Transport pay dividends? What is the dividend yield for Marten Transport? Marten Transport declared a quarterly dividend on Tuesday, August 15th. Investors of record on Friday, September 15th will be given a dividend of $0.06 per share on Friday, September 29th. This represents a $0.24 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend is Thursday, September 14th. Read our dividend analysis for MRTN. Is Marten Transport a good dividend stock? Marten Transport (NASDAQ:MRTN) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.28%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 23.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MRTN will have a dividend payout ratio of 24.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MRTN. What ETFs hold Marten Transport's stock? ETFs with the largest weight of Marten Transport (NASDAQ:MRTN) stock in their portfolio include JPMorgan Active Small Cap Value ETF (JPSV), SPDR S&P Transportation ETF (XTN), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), iShares US Small Cap Value Factor ETF (SVAL) and iShares U.S. Transportation ETF (IYT).Direxion Daily Transportation Bull 3X Shares (TPOR). When did Marten Transport's stock split? Shares of Marten Transport 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 distributed to shareholders after the market closes 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. 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), Procter & Gamble (PG), Pentair (PNR), AT&T (T), Abbott Laboratories (ABT), Accenture (ACN), Advanced Micro Devices (AMD) and Cisco Systems (CSCO). Who are Marten Transport's major shareholders? Marten Transport's stock is owned by a number of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (5.23%), Loomis Sayles & Co. L P (1.93%), William Blair Investment Management LLC (1.89%), Ameriprise Financial Inc. (1.60%), TimesSquare Capital Management LLC (1.28%) and Northern Trust Corp (1.20%). Insiders that own company stock include James J Hinnendael, Jerry M Bauer, John H Turner, Larry B Hagness, Robert L Demorest and Thomas J Winkel. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:MRTN) was last updated on 12/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Marten Transport, Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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