Positive News SentimentPositive NewsNASDAQ:MRTN Marten Transport (MRTN) Stock Forecast, Price & News $19.86 -0.18 (-0.90%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$19.86▼$20.2250-Day Range$20.04▼$23.1152-Week Range$17.64▼$23.38Volume138,236 shsAverage Volume292,557 shsMarket Capitalization$1.61 billionP/E Ratio16.83Dividend Yield1.21%Price Target$27.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Marten Transport MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside36.0% Upside$27.00 Price TargetShort InterestHealthy2.18% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth13.64%From $1.10 to $1.25 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.2.91 out of 5 starsTransportation Sector18th out of 110 stocksTrucking, Except Local Industry3rd out of 13 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 36.0% from its current price of $19.86.Amount of Analyst CoverageMarten Transport has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.18% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Marten Transport has recently increased by 6.84%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldMarten Transport pays a meaningful dividend of 1.20%, 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 20.34%. 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 19.20% 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 3.1 News and Social Media Coverage News SentimentMarten Transport has a news sentiment score of 1.63. 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 0.66 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 1 news article for Marten Transport this week, compared to 2 articles on an average week.MarketBeat Follows2 people have added Marten Transport to their MarketBeat watchlist in the last 30 days. 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Marten Transport are expected to grow by 13.64% in the coming year, from $1.10 to $1.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Marten Transport is 16.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.30.Price to Earnings Ratio vs. SectorThe P/E ratio of Marten Transport is 16.83, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 11.56.Price to Book Value per Share RatioMarten Transport has a P/B Ratio of 2.29. 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 (NASDAQ:MRTN) StockMarten 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MRTN Stock News HeadlinesSeptember 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 $0.06September 22, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.August 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 agoSeptember 22, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.July 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 RecommendationMay 3, 2023 | msn.comMarten Transport (MRTN) Declares $0.06 DividendMay 2, 2023 | finance.yahoo.comShould Weakness in Marten Transport, Ltd.'s (NASDAQ:MRTN) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?April 24, 2023 | seekingalpha.comMarten Transport: A Turbulent Near-Term Due To Weak Freight MarketsApril 19, 2023 | finanznachrichten.deMarten Transport, Ltd.: Marten Transport Announces First Quarter ResultsApril 18, 2023 | finance.yahoo.comMarten Transport, Ltd. (MRTN) Tops Q1 Earnings EstimatesApril 16, 2023 | benzinga.comMarten Transport Stock (NASDAQ:MRTN), DividendsApril 15, 2023 | finance.yahoo.comThose who invested in Marten Transport (NASDAQ:MRTN) five years ago are up 65%March 11, 2023 | finance.yahoo.comMarten Transport, Ltd. (NASDAQ:MRTN) Looks Interesting, And It's About To Pay A DividendFebruary 20, 2023 | msn.comMarten Transport declares $0.06 dividendFebruary 12, 2023 | finance.yahoo.comMarten Transport (NASDAQ:MRTN) Is Looking To Continue Growing Its Returns On CapitalFebruary 2, 2023 | seekingalpha.comMarten Transport: Sturdy Business Leads To Sturdy 2022 ResultsSee 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 MRTN Company Calendar Ex-Dividend for 6/30 Dividend6/15/2023Dividend Payable6/30/2023Last Earnings7/19/2023Ex-Dividend for 9/29 Dividend9/14/2023Today9/22/2023Dividend Payable9/29/2023Next Earnings (Confirmed)10/18/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Trucking, except local Sub-IndustryTrucking SectorTransportation Current SymbolNASDAQ:MRTN CUSIP57307510 CIK799167 Webwww.marten.com Phone(715) 926-4216Fax715-926-4530Employees4,575Year FoundedN/APrice Target and Rating Average Stock Price Forecast$27.00 High Stock Price Forecast$27.00 Low Stock Price Forecast$27.00 Forecasted Upside/Downside+34.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.18 Trailing P/E Ratio17.04 Forward P/E Ratio18.28 P/E GrowthN/ANet Income$110.35 million Net Margins7.76% Pretax Margin10.28% Return on Equity13.42% Return on Assets9.83% Debt Debt-to-Equity RatioN/A Current Ratio1.77 Quick Ratio1.77 Sales & Book Value Annual Sales$1.26 billion Price / Sales1.29 Cash Flow$2.74 per share Price / Cash Flow7.35 Book Value$8.68 per share Price / Book2.32Miscellaneous Outstanding Shares81,300,000Free Float62,683,000Market Cap$1.63 billion OptionableOptionable Beta0.88 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Randolph L. Marten (Age 70)Exec. Chairman Comp: $1.43MMr. Timothy M. Kohl (Age 75)Chief Exec. Officer Comp: $1.31MMr. Douglas Paul Petit (Age 56)Pres Comp: $703.34kMr. James J. Hinnendael (Age 60)Exec. VP & CFO Comp: $723.08kMr. Randall J. BaierExec. VP & CTOMr. Patrick J. Pazderka J.D.Sec.More ExecutivesKey CompetitorsHeartland ExpressNASDAQ:HTLDWerner EnterprisesNASDAQ:WERNArcBestNASDAQ:ARCBUniversal LogisticsNASDAQ:ULHCovenant Logistics GroupNASDAQ:CVLGView All CompetitorsInsiders & InstitutionsComerica BankBought 51,701 shares on 8/22/2023Ownership: 0.064%California State Teachers Retirement SystemSold 5,786 shares on 8/21/2023Ownership: 0.090%Teachers Retirement System of The State of KentuckyBought 1,010 shares on 8/21/2023Ownership: 0.023%Legato Capital Management LLCSold 2,205 shares on 8/18/2023Ownership: 0.025%Nuveen Asset Management LLCBought 2,217 shares on 8/16/2023Ownership: 0.204%View All Insider TransactionsView All Institutional Transactions MRTN Stock - Frequently Asked Questions Should I buy or sell Marten Transport stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Marten Transport in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MRTN shares. View MRTN analyst ratings or view top-rated stocks. What is Marten Transport's stock price forecast for 2023? 1 brokers have issued 1 year price objectives for Marten Transport's stock. Their MRTN share price forecasts range from $27.00 to $27.00. On average, they expect the company's share price to reach $27.00 in the next twelve months. This suggests a possible upside of 34.3% 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 increased by 1.7% and is now trading at $20.11. 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 Wednesday, October 18th 2023. View our MRTN earnings forecast. How were Marten Transport's earnings last quarter? Marten Transport, Ltd. (NASDAQ:MRTN) posted its quarterly earnings results on Wednesday, July, 19th. The transportation company reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by $0.01. The transportation company earned $285.67 million during the quarter, compared to analysts' expectations of $296.93 million. Marten Transport had a trailing twelve-month return on equity of 13.42% and a net margin of 7.76%. The business's quarterly revenue was down 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.39 EPS. 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 paid a dividend of $0.06 per share on Friday, September 29th. This represents a $0.24 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend is Thursday, September 14th. 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). 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 1.20%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 20.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MRTN will have a dividend payout ratio of 19.20% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MRTN. When did Marten Transport's stock split? 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 minted shares were payable 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). 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (11.19%), Dimensional Fund Advisors LP (7.17%), Victory Capital Management Inc. (5.45%), Geneva Capital Management LLC (4.09%), State Street Corp (2.68%) and William Blair Investment Management LLC (2.04%). Insiders that own company stock include James J Hinnendael, Jerry M Bauer, 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. What is Marten Transport's stock price today? One share of MRTN stock can currently be purchased for approximately $20.11. How much money does Marten Transport make? Marten Transport (NASDAQ:MRTN) has a market capitalization of $1.63 billion and generates $1.26 billion in revenue each year. The transportation company earns $110.35 million in net income (profit) each year or $1.18 on an earnings per share basis. How many employees does Marten Transport have? The company employs 4,575 workers across the globe. How can I contact Marten Transport? Marten Transport's mailing address is 129 MARTEN STREET, MONDOVI WI, 55402. The official website for the company is www.marten.com. The transportation company can be reached via phone at (715) 926-4216, via email at www.marten.com, or via fax at 715-926-4530. This page (NASDAQ:MRTN) was last updated on 9/22/2023 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.