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NASDAQ:MRTN

Marten Transport - MRTN Stock Forecast, Price & News

$19.86
-0.36 (-1.78%)
(As of 03/23/2023 12:00 AM ET)
Add
Compare
Today's Range
$19.84
$20.48
50-Day Range
$19.60
$23.18
52-Week Range
$15.76
$23.43
Volume
258,426 shs
Average Volume
272,957 shs
Market Capitalization
$1.61 billion
P/E Ratio
14.71
Dividend Yield
1.21%
Price Target
$25.00

Marten Transport MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
25.9% Upside
$25.00 Price Target
Short Interest
Healthy
2.53% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.01mentions of Marten Transport in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$106,898 Sold Last Quarter
Proj. Earnings Growth
14.29%
From $1.33 to $1.52 Per Share

Overall MarketRank

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

3.07 out of 5 stars

Transportation Sector

27th out of 124 stocks

Trucking, Except Local Industry

5th out of 16 stocks


MRTN stock logo

About Marten Transport (NASDAQ:MRTN) Stock

Marten Transport Ltd. engages in the provision of temperature-sensitive truckload carrier services. It operates through the following segments: Truckload, Dedicated, Intermodal and Brokerage. The Truckload segment includes transport of food and consumer packaged goods that require a temperature-controlled or insulated environment. The Dedicated segment provides transportation solutions to individual customers using temperature-controlled trailers, dry vans, and specialized equipment. The Intermodal segment transports freight utilizing temperature-controlled trailers and dry containers on railroad flatcars for portions of trips. The Brokerage segment is involved in arranging smaller third-party carriers to transport freight for customers in temperature-controlled trailers and dry vans. The company was founded by Roger R. Marten in 1946 and is headquartered in Mondovi, WI.

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MRTN Stock News Headlines

Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Marten Transport declares $0.06 dividend
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Earnings Preview: Marten Transport
Marten Transport
Dow Futures Lift as Solid Earnings Boost Sentiment
Marten Transport, Ltd. (MRTN) Q3 Earnings Miss Estimates
Earnings Outlook For Marten Transport
See More Headlines
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MRTN Company Calendar

Ex-Dividend for 12/27 Dividend
12/12/2022
Dividend Payable
12/27/2022
Last Earnings
1/24/2023
Ex-Dividend for 3/31 Dividend
3/16/2023
Today
3/23/2023
Dividend Payable
3/31/2023
Next Earnings (Estimated)
4/18/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Trucking, except local
Sub-Industry
Trucking
Current Symbol
NASDAQ:MRTN
CUSIP
57307510
Employees
4,575
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
+23.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$110.35 million
Pretax Margin
11.41%

Debt

Sales & Book Value

Annual Sales
$1.26 billion
Cash Flow
$2.76 per share
Book Value
$8.68 per share

Miscellaneous

Free Float
62,894,000
Market Cap
$1.65 billion
Optionable
Optionable
Beta
0.88

Key Executives

  • Timothy M. Kohl
    Chief Executive Officer
  • Douglas P. Petit
    President
  • James J. Hinnendael
    Chief Financial Officer & Executive Vice President
  • Patrick J. Pazderka
    Secretary













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 research analysts have issued 1 year price targets for Marten Transport's shares. Their MRTN share price forecasts range from $25.00 to $25.00. On average, they expect the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 23.3% 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 increased by 2.5% and is now trading at $20.28.
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, April 18th 2023.
View our MRTN earnings forecast
.

How were Marten Transport's earnings last quarter?

Marten Transport, Ltd. (NASDAQ:MRTN) released its quarterly earnings results on Tuesday, January, 24th. The transportation company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.30 by $0.01. The transportation company had revenue of $322.58 million for the quarter, compared to analyst estimates of $318.20 million. Marten Transport had a net margin of 8.73% and a trailing twelve-month return on equity of 16.38%. The business's revenue for the quarter was up 20.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.30 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 Monday, February 20th. Shareholders of record on Friday, March 17th will be paid a dividend of $0.06 per share on Friday, March 31st. This represents a $0.24 annualized dividend and a yield of 1.18%. The ex-dividend date is Thursday, March 16th.
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 1.19%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MRTN will have a dividend payout ratio of 15.79% 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's stock split before market open on 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 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).

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 number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.45%), Victory Capital Management Inc. (5.75%), Victory Capital Management Inc. (5.75%), Victory Capital Management Inc. (5.64%), Geneva Capital Management LLC (4.05%) and William Blair Investment Management LLC (2.00%). 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 $20.28.

How much money does Marten Transport make?

Marten Transport (NASDAQ:MRTN) has a market capitalization of $1.65 billion and generates $1.26 billion in revenue each year. The transportation company earns $110.35 million in net income (profit) each year or $1.35 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 3/23/2023 by MarketBeat.com Staff