NASDAQ:MRTN

Marten Transport Stock Forecast, Price & News

$17.61
-0.14 (-0.79 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$17.45
Now: $17.61
$18.10
50-Day Range
$15.75
MA: $16.92
$17.75
52-Week Range
$13.43
Now: $17.61
$20.13
Volume308,884 shs
Average Volume336,259 shs
Market Capitalization$1.46 billion
P/E Ratio22.01
Dividend Yield0.91%
Beta1.06
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 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, 2020, the company operated a fleet of 3,331 tractors, including 3,188 company-owned tractors and 143 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.
Marten Transport logo

Industry, Sector and Symbol

Industry Trucking, except local
Sub-IndustryTrucking
Current SymbolNASDAQ:MRTN
CUSIP57307510
Phone715-926-4216
Employees4,162
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$843.27 million
Cash Flow$1.92 per share
Book Value$7.28 per share

Profitability

Net Income$61.07 million

Miscellaneous

Market Cap$1.46 billion
Next Earnings Date7/15/2021 (Estimated)
OptionableOptionable

Headlines

Preview: Marten Transport's Earnings
April 14, 2021 |  benzinga.com
Marten Transport Stock Is Believed To Be Fairly Valued
April 9, 2021 |  finance.yahoo.com
Marten Transport (MRTN) to Release Earnings on Thursday
April 8, 2021 |  americanbankingnews.com
Marten Transport (NASDAQ:MRTN) Trading Up 6.2%
March 26, 2021 |  americanbankingnews.com
Marten Transport Stock Is Estimated To Be Fairly Valued
March 23, 2021 |  finance.yahoo.com
Marten Transport: Long-Term Uptrend Remains Intact
February 2, 2021 |  seekingalpha.com
P/E Ratio Insights for Marten Transport
January 26, 2021 |  finance.yahoo.com
Marten Transport's Earnings: A Preview
January 25, 2021 |  benzinga.com
See More Headlines

MarketRank

Overall MarketRank

2.05 out of 5 stars

Transportation Sector

19th out of 240 stocks

Trucking, Except Local Industry

5th out of 21 stocks

Analyst Opinion: 2.5Community Rank: 1.9Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
$17.61
-0.14 (-0.79 %)
(As of 04/16/2021 12:00 AM ET)
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Marten Transport (NASDAQ:MRTN) Frequently Asked Questions

Is Marten Transport a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marten Transport in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Marten Transport stock.
View analyst ratings for Marten Transport
or view top-rated stocks.

What stocks does MarketBeat like better than Marten Transport?

Wall Street analysts have given Marten Transport a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Marten Transport wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Marten Transport's next earnings date?

Marten Transport is scheduled to release its next quarterly earnings announcement on Thursday, July 15th 2021.
View our earnings forecast for Marten Transport
.

How were Marten Transport's earnings last quarter?

Marten Transport, Ltd. (NASDAQ:MRTN) issued its quarterly earnings results on Wednesday, April, 14th. The transportation company reported $0.22 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.20 by $0.02. The transportation company earned $223.05 million during the quarter, compared to the consensus estimate of $224.05 million. Marten Transport had a trailing twelve-month return on equity of 10.58% and a net margin of 7.60%. Marten Transport's revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.25 earnings per share.
View Marten Transport's earnings history
.

How has Marten Transport's stock price been impacted by Coronavirus?

Marten Transport's stock was trading at $12.4667 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MRTN shares have increased by 41.3% and is now trading at $17.61.
View which stocks have been most impacted by COVID-19
.

How often does Marten Transport pay dividends? What is the dividend yield for Marten Transport?

Marten Transport declared a quarterly dividend on Tuesday, March 2nd. Shareholders of record on Wednesday, March 17th will be given a dividend of $0.04 per share on Wednesday, March 31st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date is Tuesday, March 16th.
View Marten Transport's dividend history
.

Is Marten Transport a good dividend stock?

Marten Transport pays an annual dividend of $0.16 per share and currently has a dividend yield of 0.91%. Marten Transport does not yet have a strock track record of dividend growth. The dividend payout ratio of Marten Transport is 21.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Marten Transport will have a dividend payout ratio of 17.02% next year. This indicates that Marten Transport will be able to sustain or increase its dividend.
View Marten Transport's dividend history.

When did Marten Transport's stock split? How did Marten Transport's stock split work?

Marten Transport's stock split on 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 Marten Transport stock prior to the split would have 150 shares after the split.

What price target have analysts set for MRTN?

3 analysts have issued 12 month target prices for Marten Transport's stock. Their forecasts range from $18.00 to $22.00. On average, they anticipate Marten Transport's stock price to reach $20.33 in the next year. This suggests a possible upside of 15.5% from the stock's current price.
View analysts' price targets for Marten Transport
or view top-rated stocks among Wall Street analysts.

Who are Marten Transport's key executives?

Marten Transport's management team includes the following people:
  • Mr. Randolph L. Marten, Chairman & CEO (Age 68, Pay $979k)
  • Mr. Timothy M. Kohl, Pres (Age 73, Pay $726.01k)
  • Mr. James J. Hinnendael, Exec. VP & CFO (Age 58, Pay $443.8k)
  • Mr. John H. Turner, Exec. VP of Sales & Marketing (Age 59, Pay $435.78k)
  • Mr. Thomas A. Letscher, Sec.
  • Mr. Patrick J. Pazderka J.D., Sec.

What is Randy Marten's approval rating as Marten Transport's CEO?

91 employees have rated Marten Transport CEO Randy Marten on Glassdoor.com. Randy Marten has an approval rating of 72% among Marten Transport's employees.

Who are some of Marten Transport's key competitors?

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), The 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 institutional and retail investors. Top institutional shareholders include Livingston Group Asset Management CO operating as Southport Capital Management (0.05%), State of Alaska Department of Revenue (0.05%), Everence Capital Management Inc. (0.02%), Dalton Greiner Hartman Maher & Co. (0.02%) and Hodges Capital Management Inc. (0.02%). Company insiders that own Marten Transport stock include James J Hinnendael, Jerry M Bauer, John H Turner, Larry B Hagness, Randolph L Marten, Thomas J Winkel and Timothy M Kohl.
View institutional ownership trends for Marten Transport
.

Which institutional investors are selling Marten Transport stock?

MRTN stock was sold by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc., Dalton Greiner Hartman Maher & Co., and State of Alaska Department of Revenue. Company insiders that have sold Marten Transport company stock in the last year include James J Hinnendael, John H Turner, Larry B Hagness, Randolph L Marten, Thomas J Winkel, and Timothy M Kohl.
View insider buying and selling activity for Marten Transport
or view top insider-selling stocks.

Which institutional investors are buying Marten Transport stock?

MRTN stock was acquired by a variety of institutional investors in the last quarter, including Livingston Group Asset Management CO operating as Southport Capital Management, and Everence Capital Management Inc..
View insider buying and selling activity for Marten Transport
or or view top insider-buying stocks.

How do I buy shares of 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 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 $17.61.

How much money does Marten Transport make?

Marten Transport has a market capitalization of $1.46 billion and generates $843.27 million in revenue each year. The transportation company earns $61.07 million in net income (profit) each year or $0.74 on an earnings per share basis.

How many employees does Marten Transport have?

Marten Transport employs 4,162 workers across the globe.

What is Marten Transport's official website?

The official website for Marten Transport is www.marten.com.

Where are Marten Transport's headquarters?

Marten Transport is headquartered at 129 MARTEN STREET, MONDOVI WI, 55402.

How can I contact Marten Transport?

Marten Transport's mailing address is 129 MARTEN STREET, MONDOVI WI, 55402. The transportation company can be reached via phone at 715-926-4216 or via email at www.marten.com.


This page was last updated on 4/17/2021 by MarketBeat.com Staff
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