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 provides transportation solutions to individual customers using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermodal segment transports its customers' freight utilizing temperature-controlled trailers and dry containers 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, 2017, the company operated a fleet of 2,738 tractors, including 2,678 company-owned tractors and 60 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Trucking, except local
Sub-IndustryTrucking
SectorTransportation
SymbolNASDAQ:MRTN
CUSIP57307510
Phone715-926-4216
Debt
Debt-to-Equity RatioN/A
Current Ratio1.89
Quick Ratio1.59
Price-To-Earnings
Trailing P/E Ratio37.98
Forward P/E Ratio24.03
P/E GrowthN/A
Sales & Book Value
Annual Sales$698.12 million
Price / Sales1.84
Cash Flow$2.1866 per share
Price / Cash10.77
Book Value$10.06 per share
Price / Book2.34
Profitability
EPS (Most Recent Fiscal Year)$0.62
Net Income$90.28 million
Net Margins13.15%
Return on Equity7.82%
Return on Assets5.78%
Miscellaneous
Employees3,492
Outstanding Shares54,590,000
Market Cap$1,282.91
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 announced a quarterly dividend on Tuesday, May 8th. Stockholders of record on Friday, June 15th will be given a dividend of $0.025 per share on Friday, June 29th. This represents a $0.10 annualized dividend and a dividend yield of 0.42%. The ex-dividend date is Thursday, June 14th. 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 on the morning of 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 market closes 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) issued its quarterly earnings data on Friday, July, 20th. The transportation company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.03. The transportation company had revenue of $197 million for the quarter, compared to analyst estimates of $193.90 million. Marten Transport had a net margin of 13.15% and a return on equity of 7.82%. The firm's revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.17 earnings per share. View Marten Transport's Earnings History.
What price target have analysts set for MRTN?
3 equities research analysts have issued 1-year price objectives for Marten Transport's stock. Their predictions range from $20.00 to $30.00. On average, they expect Marten Transport's share price to reach $25.00 in the next year. This suggests a possible upside of 6.2% from the stock's current price. View Analyst Ratings for Marten Transport.
What is the consensus analysts' recommendation for Marten Transport?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marten Transport in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
Are investors shorting Marten Transport?
Marten Transport saw a increase in short interest during the month of June. As of June 15th, there was short interest totalling 1,204,839 shares, an increase of 46.5% from the May 31st total of 822,166 shares. Based on an average daily volume of 323,440 shares, the days-to-cover ratio is currently 3.7 days. Approximately 3.1% of the company's shares are sold short. View Marten Transport's Current Options Chain.
Who are some of Marten Transport's key competitors?
Some companies that are related to Marten Transport include Schneider National (SNDR), Landstar System (LSTR), Werner Enterprises (WERN), Saia (SAIA), Heartland Express (HTLD), ArcBest (ARCB), Universal Logistics (ULH), Covenant Transportation Group (CVTI), YRC Worldwide (YRCW), P.A.M. Transportation Services (PTSI), USA Truck (USAK), Celadon Group (CGI) and US Xpress Enterprises (USX).
Who are Marten Transport's key executives?
Marten Transport's management team includes the folowing people:
- Mr. Randolph L. Marten, Chairman & CEO (Age 65)
- Mr. Timothy M. Kohl, Pres (Age 70)
- Mr. James J. Hinnendael, Exec. VP & CFO (Age 55)
- Mr. Timothy P. Nash, Exec. VP of Sales & Marketing (Age 66)
- Mr. John H. Turner, Sr. VP of Sales (Age 56)
Has Marten Transport been receiving favorable news coverage?
Media stories about MRTN stock have been trending somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Marten Transport earned a news sentiment score of 0.10 on Accern's scale. They also gave news stories about the transportation company an impact score of 45.03 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Marten Transport's major shareholders?
Marten Transport's stock is owned by a number of of institutional and retail investors. Top institutional investors include KAMES CAPITAL plc (0.56%), Dalton Greiner Hartman Maher & Co. (0.49%) and Atria Investments LLC (0.02%). Company insiders that own Marten Transport stock include James J Hinnendael, John H Turner, Larry B Hagness, Randolph L Marten and Thomas J Winkel. View Institutional Ownership Trends for Marten Transport.
Which institutional investors are buying Marten Transport stock?
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 $23.55.
How big of a company is Marten Transport?
Marten Transport has a market capitalization of $1.28 billion and generates $698.12 million in revenue each year. The transportation company earns $90.28 million in net income (profit) each year or $0.62 on an earnings per share basis. Marten Transport employs 3,492 workers across the globe.
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 [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.
