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This Stock's Getting Attention (Ad)
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
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This Stock's Getting Attention (Ad)
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Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
This Stock's Getting Attention (Ad)
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
This Stock's Getting Attention (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
This Stock's Getting Attention (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
This Stock's Getting Attention (Ad)
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
This Stock's Getting Attention (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
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Judge revives Obama-era ban on coal sales from federal lands
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Marten Transport - MRTN Stock Forecast, Price & News

$22.88
+0.18 (+0.79%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$22.52
$22.94
50-Day Range
$16.23
$22.88
52-Week Range
$14.72
$22.94
Volume
329,425 shs
Average Volume
459,527 shs
Market Capitalization
$1.85 billion
P/E Ratio
17.88
Dividend Yield
1.06%
Price Target
$23.00

Marten Transport MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
0.5% Upside
$23.00 Price Target
Short Interest
Bearish
3.94% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.88mentions of Marten Transport in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-2.17%
From $1.38 to $1.35 Per Share

Overall MarketRank

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

1.85 out of 5 stars

Transportation Sector

92nd out of 124 stocks

Trucking, Except Local Industry

10th 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.

Marten Transport Price Performance

Shares of Marten Transport stock traded up $0.18 during trading hours on Friday, reaching $22.88. The company's stock had a trading volume of 329,425 shares, compared to its average volume of 459,527. The stock has a market cap of $1.85 billion, a P/E ratio of 17.73 and a beta of 0.93. Marten Transport has a one year low of $14.72 and a one year high of $22.94. The firm has a 50 day moving average price of $18.48 and a 200-day moving average price of $17.84.

Marten Transport (NASDAQ:MRTN - Get Rating) last announced its quarterly earnings results on Monday, July 18th. The transportation company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.07. The firm had revenue of $329.57 million during the quarter, compared to analysts' expectations of $291.70 million. Marten Transport had a net margin of 9.27% and a return on equity of 16.24%. The company's revenue was up 41.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.26 EPS. As a group, sell-side analysts forecast that Marten Transport will post 1.38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Stephens lifted their target price on shares of Marten Transport to $23.00 in a research note on Friday, July 22nd.

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MRTN Stock News Headlines

Key Metric for Trucking Companies: Number of Drivers
Marten Transport (NASDAQ:MRTN) Price Target Raised to $23.00
Why Marten Transport Stock Motored Today
Marten Transport Stock Set To Shift Into High Gear
See More Headlines
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MRTN Company Calendar

Ex-Dividend for 6/30 Dividend
6/15/2022
Dividend Payable
6/30/2022
Last Earnings
7/18/2022
Today
8/13/2022
Next Earnings (Estimated)
10/18/2022
Fiscal Year End
12/31/2022

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
$23.00
High Stock Price Forecast
$23.00
Low Stock Price Forecast
$23.00
Forecasted Upside/Downside
+0.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$85.43 million
Pretax Margin
11.98%

Debt

Sales & Book Value

Annual Sales
$973.64 million
Cash Flow
$2.32 per share
Book Value
$8.15 per share

Miscellaneous

Free Float
62,790,000
Market Cap
$1.85 billion
Optionable
Optionable
Beta
0.93














MRTN Stock - Frequently Asked Questions

Should I buy or sell Marten Transport stock right now?

2 Wall Street equities research 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 equities research 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 2022?

2 brokers have issued twelve-month target prices for Marten Transport's shares. Their MRTN share price forecasts range from $23.00 to $23.00. On average, they predict the company's stock price to reach $23.00 in the next twelve months. This suggests a possible upside of 0.5% 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 the year. Since then, MRTN stock has increased by 33.3% and is now trading at $22.88.
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, October 18th 2022.
View our MRTN earnings forecast
.

How were Marten Transport's earnings last quarter?

Marten Transport, Ltd. (NASDAQ:MRTN) posted its earnings results on Monday, July, 18th. The transportation company reported $0.39 EPS for the quarter, beating analysts' consensus estimates of $0.32 by $0.07. The transportation company had revenue of $329.57 million for the quarter, compared to the consensus estimate of $291.70 million. Marten Transport had a trailing twelve-month return on equity of 16.24% and a net margin of 9.27%. The firm's revenue was up 41.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.26 EPS.

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

Marten Transport declared a quarterly dividend on Wednesday, May 4th. Investors of record on Thursday, June 16th will be given a dividend of $0.06 per share on Thursday, June 30th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Wednesday, June 15th.
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 1.06%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MRTN will have a dividend payout ratio of 17.78% 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 before market open on Friday, August 14th 2020. The 3-2 split was announced on Thursday, July 16th 2020. The newly created shares were payable 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 shareholders include Victory Capital Management Inc. (7.25%), Geneva Capital Management LLC (3.86%), William Blair Investment Management LLC (2.12%), Granite Investment Partners LLC (1.40%), Clearbridge Investments LLC (1.12%) and Nicholas Company Inc. (0.55%). 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 $22.88.

How much money does Marten Transport make?

Marten Transport (NASDAQ:MRTN) has a market capitalization of $1.85 billion and generates $973.64 million in revenue each year. The transportation company earns $85.43 million in net income (profit) each year or $1.28 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 8/13/2022 by MarketBeat.com Staff

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