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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
All the trading advice you’ve ever received boils down to this (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
All the trading advice you’ve ever received boils down to this (Ad)
Behind the tech boom: Big price leaders selectively laying off
Dallas Mavericks purchase turns LVS stock into a cheaper bet
All the trading advice you’ve ever received boils down to this (Ad)
These biotechs targeting multiple neurodegenerative diseases
Earnings propel Crowdstrike, cybersecurity sector, to new highs
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
All the trading advice you’ve ever received boils down to this (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
All the trading advice you’ve ever received boils down to this (Ad)
Behind the tech boom: Big price leaders selectively laying off
Dallas Mavericks purchase turns LVS stock into a cheaper bet
All the trading advice you’ve ever received boils down to this (Ad)
These biotechs targeting multiple neurodegenerative diseases
Earnings propel Crowdstrike, cybersecurity sector, to new highs
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
All the trading advice you’ve ever received boils down to this (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
All the trading advice you’ve ever received boils down to this (Ad)
Behind the tech boom: Big price leaders selectively laying off
Dallas Mavericks purchase turns LVS stock into a cheaper bet
All the trading advice you’ve ever received boils down to this (Ad)
These biotechs targeting multiple neurodegenerative diseases
Earnings propel Crowdstrike, cybersecurity sector, to new highs

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

$19.20
+0.35 (+1.86%)
(As of 12/1/2023 ET)
Compare
Today's Range
$18.77
$19.25
50-Day Range
$17.40
$20.10
52-Week Range
$17.34
$23.38
Volume
221,689 shs
Average Volume
236,367 shs
Market Capitalization
$1.56 billion
P/E Ratio
18.64
Dividend Yield
1.25%
Price Target
$27.00

Marten Transport MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
40.6% Upside
$27.00 Price Target
Short Interest
Healthy
1.74% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.93mentions of Marten Transport in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.70%
From $0.92 to $1.00 Per Share

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 stars

Industrials Sector

1st out of 30 stocks

Trucking Industry

1st out of 3 stocks


MRTN stock logo

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.

MRTN Stock Price History

MRTN Stock News Headlines

Marten Transport Ltd MRTN
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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.
Marten’s earnings reflect weaker truckload market
New CBOE “special perk” helps traders target income every weekend
You 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.
Marten Transport earnings preview: what Wall Street is expecting
Marten Transport: A Great Ride That's Now Over
Marten Transport (NASDAQ: MRTN)
MRTN: Lowering target price to $22.00
Marten Transport (MRTN) Receives a Buy from Stephens
See More Headlines
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Company Calendar

Ex-Dividend for 9/29 Dividend
9/14/2023
Dividend Payable
9/29/2023
Last Earnings
10/18/2023
Today
12/01/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/23/2024

Industry, Sector and Symbol

Industry
Trucking
Sub-Industry
Trucking
Current Symbol
NASDAQ:MRTN
CUSIP
57307510
Employees
4,575
Year Founded
N/A

Price 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 Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$110.35 million
Pretax Margin
9.33%

Debt

Sales & Book Value

Annual Sales
$1.26 billion
Cash Flow
$2.80 per share
Book Value
$9.22 per share

Miscellaneous

Free Float
62,689,000
Market Cap
$1.56 billion
Optionable
Optionable
Beta
0.89
12 Stocks Corporate Insiders are Abandoning Cover

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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.

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

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