Marten Transport Stock Price, News & Analysis (NASDAQ:MRTN)

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.

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.

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.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our MRTN earnings forecast.

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.

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.

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.

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).

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.

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.

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).

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.
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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.
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