NASDAQ:MRTN - Marten Transport Stock Price, Forecast & News

Marten Transport trades on the NASDAQ under the ticker symbol "MRTN."

Marten Transport announced a quarterly dividend on Friday, November 29th. Stockholders of record on Friday, December 13th will be given a dividend of $0.03 per share on Friday, December 27th. This represents a $0.12 annualized dividend and a dividend yield of 0.54%. The ex-dividend date of this dividend is Thursday, December 12th. View Marten Transport's Dividend History.

Marten Transport's stock split on the morning of Monday, July 10th 2017. The 5-3 split was announced on Thursday, June 15th 2017. The newly minted shares were distributed to shareholders after the market closes on Friday, July 7th 2017. An investor that had 100 shares of Marten Transport stock prior to the split would have 167 shares after the split.

Marten Transport, Ltd (NASDAQ:MRTN) released its earnings results on Thursday, January, 23rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.28 by $0.01. The transportation company had revenue of $217.20 million for the quarter, compared to analysts' expectations of $215.90 million. Marten Transport had a return on equity of 10.31% and a net margin of 7.24%. The company's revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.29 EPS. View Marten Transport's Earnings History.

Marten Transport is scheduled to release their next quarterly earnings announcement on Tuesday, April 21st 2020. View Earnings Estimates for Marten Transport.

3 brokers have issued 12-month price targets for Marten Transport's stock. Their forecasts range from $18.00 to $25.00. On average, they anticipate Marten Transport's share price to reach $21.50 in the next year. This suggests that the stock has a possible downside of 3.1%. View Analyst Price Targets for Marten Transport.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marten Transport in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Marten Transport.

Press coverage about MRTN stock has been trending extremely negative this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Marten Transport earned a daily sentiment score of -4.1 on InfoTrie's scale. They also gave media stories about the transportation company a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an impact on the stock's share price in the immediate future. View News Stories for Marten Transport.

Marten Transport saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 981,000 shares, a drop of 11.6% from the January 15th total of 1,110,000 shares. Based on an average daily trading volume, of 174,500 shares, the days-to-cover ratio is presently 5.6 days. Currently, 2.5% of the shares of the company are sold short. View Marten Transport's Current Options Chain.

Some companies that are related to Marten Transport include Old Dominion Freight Line (ODFL), J B Hunt Transport Services (JBHT), AMERCO (UHAL), Knight-Swift Transportation (KNX), Landstar System (LSTR), Avis Budget Group (CAR), Hertz Global (HTZ), Werner Enterprises (WERN), Saia (SAIA), Ryder System (R), Heartland Express (HTLD), FRP (FRPH) and Roadrunner Transportation Systems (RRTS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Marten Transport investors own include Chipotle Mexican Grill (CMG), Occidental Petroleum (OXY), Accenture (ACN), General Motors (GM), Pentair (PNR), Franklin Resources (BEN), Continental Resources (CLR), Express (EXPR), Harley-Davidson (HOG) and Honeywell International (HON).

Marten Transport's stock is owned by many different of institutional and retail investors. Top institutional investors include Victory Capital Management Inc. (4.74%), Victory Capital Management Inc. (4.58%), Janus Henderson Group PLC (2.90%), Bank of New York Mellon Corp (2.76%), State Street Corp (2.24%) and Granite Investment Partners LLC (1.78%). Company insiders that own Marten Transport stock include James J Hinnendael, Randolph L Marten, Robert L Demorest and Thomas J Winkel. View Institutional Ownership Trends for Marten Transport.

MRTN stock was sold by a variety of institutional investors in the last quarter, including Penn Capital Management Co. Inc., New York State Common Retirement Fund, PNC Financial Services Group Inc., Bank of New York Mellon Corp, FMR LLC, Renaissance Technologies LLC, First Trust Advisors LP and Morgan Dempsey Capital Management LLC. Company insiders that have sold Marten Transport company stock in the last year include Robert L Demorest and Thomas J Winkel. View Insider Buying and Selling for Marten Transport.

MRTN stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Victory Capital Management Inc., Victory Capital Management Inc., Goldman Sachs Group Inc., Algert Global LLC, Equitable Holdings Inc., California Public Employees Retirement System and Bank of Montreal Can. View Insider Buying and Selling for Marten Transport.

Shares of MRTN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of MRTN stock can currently be purchased for approximately $22.19.

Marten Transport has a market capitalization of $1.21 billion and generates $843.27 million in revenue each year. The transportation company earns $61.07 million in net income (profit) each year or $1.11 on an earnings per share basis. Marten Transport employs 3,589 workers across the globe.View Additional Information About Marten Transport.

The official website for Marten Transport is http://www.marten.com/.

Marten Transport's mailing address is 129 MARTEN STREET, MONDOVI WI, 54755. The transportation company can be reached via phone at 715-926-4216 or via email at [email protected]