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 transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermodal segment transports its 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 its customers in temperature-controlled trailers and dry vans. As of December 31, 2018, the company operated a fleet of 2,755 tractors, including 2,709 company-owned tractors and 46 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.
Industry, Sector and Symbol
Industry Trucking, except local
Sub-IndustryTrucking
SectorTransportation
Phone715-926-4216
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$787.59 million
Profitability
Miscellaneous
Employees3,589
Next Earnings Date4/18/2019 (Estimated)
OptionableOptionable
Marten Transport (NASDAQ:MRTN) Frequently Asked Questions
What is Marten Transport's stock symbol?
Marten Transport trades on the NASDAQ under the ticker symbol "MRTN."
How often does Marten Transport pay dividends? What is the dividend yield for Marten Transport?
Marten Transport declared a quarterly dividend on Wednesday, February 27th. Shareholders of record on Friday, March 15th will be given a dividend of $0.03 per share on Friday, March 29th. This represents a $0.12 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from Marten Transport's previous quarterly dividend of $0.03. View Marten Transport's Dividend History.
When did Marten Transport's stock split? How did Marten Transport's stock split work?
Shares of Marten Transport split before market open on Monday, July 10th 2017. The 5-3 split was announced on Thursday, June 15th 2017. The newly created shares were distributed to shareholders after the closing bell 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.
How were Marten Transport's earnings last quarter?
Marten Transport, Ltd (NASDAQ:MRTN) released its earnings results on Thursday, January, 24th. The transportation company reported $0.29 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.27 by $0.02. The transportation company earned $203.96 million during the quarter, compared to analysts' expectations of $208.13 million. Marten Transport had a net margin of 6.99% and a return on equity of 9.89%. Marten Transport's revenue was up 11.6% compared to the same quarter last year. During the same period last year, the firm posted $0.16 earnings per share. View Marten Transport's Earnings History.
When is Marten Transport's next earnings date?
What price target have analysts set for MRTN?
2 brokerages have issued 12 month price targets for Marten Transport's stock. Their predictions range from $21.00 to $22.00. On average, they anticipate Marten Transport's share price to reach $21.50 in the next year. This suggests a possible upside of 29.4% from the stock's current price. View Analyst Price Targets for Marten Transport.
What is the consensus analysts' recommendation for Marten Transport?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marten Transport in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Marten Transport.
Has Marten Transport been receiving favorable news coverage?
News coverage about MRTN stock has trended neutral on Sunday, according to InfoTrie. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Marten Transport earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned news headlines about the transportation company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the company's share price in the near term.
Who are some of Marten Transport's key competitors?
Some companies that are related to Marten Transport include Schneider National (SNDR), Werner Enterprises (WERN), Heartland Express (HTLD), Saia (SAIA), ArcBest (ARCB), Universal Logistics (ULH), Covenant Transportation Group (CVTI), US Xpress Enterprises (USX), P.A.M. Transportation Services (PTSI), YRC Worldwide (YRCW), USA Truck (USAK), Celadon Group (CGIP) and Celadon Group (CGI).
What other stocks do shareholders of Marten Transport own?
Who are Marten Transport's key executives?
Marten Transport's management team includes the folowing people:
- Mr. Randolph L. Marten, Chairman & CEO (Age 66)
- Mr. Timothy M. Kohl, Pres (Age 71)
- Mr. James J. Hinnendael, Exec. VP & CFO (Age 56)
- Mr. Timothy P. Nash, Exec. VP of Sales & Marketing (Age 67)
- Mr. John H. Turner, Sr. VP of Sales (Age 57)
Who are Marten Transport's major shareholders?
Marten Transport's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.28%), Dimensional Fund Advisors LP (8.38%), Victory Capital Management Inc. (3.84%), Bank of New York Mellon Corp (2.82%), Ranger Investment Management L.P. (2.49%) and Northern Trust Corp (1.82%). Company insiders that own Marten Transport stock include James J Hinnendael, John H Turner, Larry B Hagness, Randolph L Marten, Robert L Demorest and Thomas J Winkel. View Institutional Ownership Trends for Marten Transport.
Which major investors are selling Marten Transport stock?
MRTN stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Prudential Financial Inc., First Trust Advisors LP, Granite Investment Partners LLC, Assenagon Asset Management S.A., KAMES CAPITAL plc, O Shaughnessy Asset Management LLC and Two Sigma Investments LP. Company insiders that have sold Marten Transport company stock in the last year include Randolph L Marten and Robert L Demorest. View Insider Buying and Selling for Marten Transport.
Which major investors are buying Marten Transport stock?
MRTN stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Ranger Investment Management L.P., BlackRock Inc., American Century Companies Inc., Geode Capital Management LLC, Geode Capital Management LLC, Penn Capital Management Co. Inc. and Dimensional Fund Advisors LP. View Insider Buying and Selling for Marten Transport.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Marten Transport's stock price today?
One share of MRTN stock can currently be purchased for approximately $16.61.
How big of a company is Marten Transport?
Marten Transport has a market capitalization of $906.41 million and generates $787.59 million in revenue each year. The transportation company earns $55.03 million in net income (profit) each year or $1.00 on an earnings per share basis. Marten Transport employs 3,589 workers across the globe.
What is Marten Transport's official website?
How can I contact Marten Transport?
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]
MarketBeat Community Rating for Marten Transport (NASDAQ MRTN)
MarketBeat's community ratings are surveys of what our community members think about Marten Transport and other stocks. Vote "Outperform" if you believe MRTN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRTN will underperform the S&P 500 over the long term. You may vote once every thirty days.
