Positive News SentimentPositive NewsNASDAQ:MRTN Marten Transport (MRTN) Stock Forecast, Price & News $19.36 -0.35 (-1.78%) (As of 12:45 PM ET) Add Compare Share Share Today's Range$19.23▼$19.5950-Day Range$19.50▼$23.1152-Week Range$17.64▼$23.38Volume72,653 shsAverage Volume292,472 shsMarket Capitalization$1.57 billionP/E Ratio16.41Dividend Yield1.24%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/Downside39.2% Upside$27.00 Price TargetShort InterestHealthy2.04% 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.3.04 out of 5 starsTransportation Sector11th out of 118 stocksTrucking, Except Local Industry2nd 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 39.2% from its current price of $19.40.Amount of Analyst CoverageMarten Transport has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.04% 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 4.Change versus previous monthShort interest in Marten Transport has recently decreased by 6.40%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMarten Transport pays a meaningful dividend of 1.22%, 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 3.3 News and Social Media Coverage News SentimentMarten Transport has a news sentiment score of 1.87. 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 0.62 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 16.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Marten Transport is 16.44, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 10.38.Price to Book Value per Share RatioMarten Transport has a P/B Ratio of 2.24. 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 $0.06October 2, 2023 | PressReach (Ad)Nuclear Revival Creates Opportunities for UraniumUranium companies set to benefit from increased demand for clean energy.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 agoOctober 2, 2023 | PressReach (Ad)Nuclear Revival Creates Opportunities for UraniumUranium companies set to benefit from increased demand for clean energy.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 Last Earnings7/19/2023Ex-Dividend for 9/29 Dividend9/14/2023Dividend Payable9/29/2023Today10/02/2023Next 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+37.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.18 Trailing P/E Ratio16.70 Forward P/E Ratio17.92 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 / Sales1.27 Cash Flow$2.73 per share Price / Cash Flow7.22 Book Value$8.68 per share Price / Book2.27Miscellaneous Outstanding Shares81,300,000Free Float62,683,000Market Cap$1.60 billion OptionableOptionable Beta0.88 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.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 12-month target prices for Marten Transport's shares. Their MRTN share price forecasts range from $27.00 to $27.00. On average, they expect the company's stock price to reach $27.00 in the next twelve months. This suggests a possible upside of 37.0% 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 beginning of 2023. Since then, MRTN shares have decreased by 0.4% and is now trading at $19.71. 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) issued its earnings results on Wednesday, July, 19th. The transportation company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.01. The transportation company had revenue of $285.67 million for the quarter, compared to the consensus estimate 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 firm's revenue for the quarter was down 13.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.39 earnings per share. How often does Marten Transport pay dividends? What is the dividend yield for Marten Transport? Marten Transport announced a quarterly dividend on Tuesday, August 15th. Shareholders 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 1.22%. 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 1.22%. 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? Marten Transport shares 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 issued 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. 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." 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 $19.71. How much money does Marten Transport make? Marten Transport (NASDAQ:MRTN) has a market capitalization of $1.60 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 10/2/2023 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. 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