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NASDAQ:MRTN

Marten Transport - MRTN Stock Forecast, Price & News

$20.17
-0.32 (-1.56%)
(As of 12/9/2022 10:10 AM ET)
Add
Compare
Today's Range
$20.17
$20.41
50-Day Range
$17.76
$21.49
52-Week Range
$15.70
$23.43
Volume
85 shs
Average Volume
264,574 shs
Market Capitalization
$1.64 billion
P/E Ratio
15.05
Dividend Yield
1.16%
Price Target
$25.00

Marten Transport MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
22.0% Upside
$25.00 Price Target
Short Interest
Healthy
3.01% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.70mentions of Marten Transport in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
0.74%
From $1.36 to $1.37 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.61 out of 5 stars

Transportation Sector

19th out of 123 stocks

Trucking, Except Local Industry

1st out of 16 stocks

MRTN stock logo

About Marten Transport (NASDAQ:MRTN) Stock

Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico. It 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. 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, 2021, the company operated a fleet of 3,204 tractors, including 3,111 company-owned tractors and 93 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.

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MRTN Stock News Headlines

Dow Futures Lift as Solid Earnings Boost Sentiment
Marten Transport, Ltd. (MRTN) Q3 Earnings Miss Estimates
Earnings Outlook For Marten Transport
MRTN Marten Transport, Ltd.
Marten Transport: An Outperformer In The Transport Sector
Marten Transport, Ltd. (MRTN)
Key Metric for Trucking Companies: Number of Drivers
See More Headlines
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MRTN Company Calendar

Ex-Dividend for 9/30 Dividend
9/15/2022
Dividend Payable
9/30/2022
Last Earnings
10/17/2022
Today
12/09/2022
Ex-Dividend for 12/27 Dividend
12/12/2022
Dividend Payable
12/27/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/24/2023

Industry, Sector and Symbol

Industry
Trucking, except local
Sub-Industry
Trucking
Current Symbol
NASDAQ:MRTN
CUSIP
57307510
Employees
4,007
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$25.00
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
+23.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$85.43 million
Pretax Margin
11.72%

Debt

Sales & Book Value

Annual Sales
$973.64 million
Cash Flow
$2.22 per share
Book Value
$7.86 per share

Miscellaneous

Free Float
62,850,000
Market Cap
$1.64 billion
Optionable
Optionable
Beta
0.89

Key Executives

  • Mr. Randolph L. Marten (Age 69)
    Exec. Chairman
    Comp: $1.22M
  • Mr. Timothy M. Kohl (Age 74)
    Chief Exec. Officer
    Comp: $1.05M
  • Mr. Douglas Paul Petit (Age 55)
    Pres
    Comp: $1.08M
  • Mr. James J. Hinnendael (Age 59)
    Exec. VP & CFO
    Comp: $596.91k
  • Mr. Patrick J. Pazderka J.D.
    Sec.













MRTN Stock - Frequently Asked Questions

Should I buy or sell Marten Transport stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marten Transport in the last twelve months. There are currently 1 hold rating and 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 forecast for 2023?

2 Wall Street analysts have issued 1 year target prices for Marten Transport's shares. Their MRTN share price forecasts range from $25.00 to $25.00. On average, they anticipate the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 22.0% 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 2022?

Marten Transport's stock was trading at $17.16 at the beginning of 2022. Since then, MRTN shares have increased by 19.4% and is now trading at $20.49.
View the best growth stocks for 2022 here
.

When is Marten Transport's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 24th 2023.
View our MRTN earnings forecast
.

How were Marten Transport's earnings last quarter?

Marten Transport, Ltd. (NASDAQ:MRTN) posted its earnings results on Monday, October, 17th. The transportation company reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.34 by $0.02. The transportation company earned $324.45 million during the quarter, compared to the consensus estimate of $319.97 million. Marten Transport had a trailing twelve-month return on equity of 16.58% and a net margin of 9.07%. The business's revenue for the quarter was up 29.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.26 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 Friday, December 2nd. Investors of record on Tuesday, December 13th will be paid a dividend of $0.06 per share on Tuesday, December 27th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date is Monday, December 12th.
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 1.16%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MRTN will have a dividend payout ratio of 17.52% 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 distributed 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."

Who are Marten Transport's major shareholders?

Marten Transport's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.16%), Dimensional Fund Advisors LP (7.40%), Victory Capital Management Inc. (6.44%), Vanguard Group Inc. (5.11%), Geneva Capital Management LLC (4.05%) and State Street Corp (3.29%). Insiders that own company stock include James J Hinnendael, Jerry M Bauer, Jerry M Bauer, John H Turner, Larry B Hagness, Randolph L Marten, Robert L Demorest, Thomas J Winkel and Timothy M Kohl.
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 $20.49.

How much money does Marten Transport make?

Marten Transport (NASDAQ:MRTN) has a market capitalization of $1.66 billion and generates $973.64 million in revenue each year. The transportation company earns $85.43 million in net income (profit) each year or $1.34 on an earnings per share basis.

How many employees does Marten Transport have?

The company employs 4,007 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 12/9/2022 by MarketBeat.com Staff