NASDAQ:MRTNMarten Transport Stock Price, Forecast & News

Marten Transport's stock was trading at $18.70 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MRTN shares have increased by 36.8% and is now trading at $25.59. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marten Transport in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Marten Transport.

Marten Transport is scheduled to release its next quarterly earnings announcement on Thursday, July 16th 2020. View our earnings forecast for Marten Transport.

Marten Transport, Ltd (NASDAQ:MRTN) announced its earnings results on Thursday, April, 16th. The transportation company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. The transportation company earned $218.60 million during the quarter, compared to the consensus estimate of $207.55 million. Marten Transport had a net margin of 7.10% and a return on equity of 10.24%. The business's revenue for the quarter was up 9.8% on a year-over-year basis. During the same period last year, the company earned $0.25 EPS. View Marten Transport's earnings history.

Marten Transport declared a quarterly dividend on Tuesday, May 5th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.04 per share on Tuesday, June 30th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date of this dividend is Monday, June 15th. View Marten Transport's dividend history.

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 issued 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.

4 brokers have issued twelve-month target prices for Marten Transport's stock. Their forecasts range from $18.00 to $27.00. On average, they anticipate Marten Transport's stock price to reach $23.25 in the next twelve months. This suggests that the stock has a possible downside of 9.1%. View analysts' price targets for Marten Transport.

Press coverage about MRTN stock has been trending very negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Marten Transport earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news stories about the transportation company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutMarten Transport.

Marten Transport saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,000,000 shares, an increase of 15.7% from the April 30th total of 864,200 shares. Based on an average daily trading volume, of 271,200 shares, the days-to-cover ratio is currently 3.7 days. Currently, 2.6% of the shares of the stock are sold short. View Marten Transport's Current Options Chain.

Some companies that are related to Marten Transport include Old Dominion Freight Line (ODFL), J B Hunt Transport Services (JBHT), Knight-Swift Transportation (KNX), AMERCO (UHAL), Landstar System (LSTR), Werner Enterprises (WERN), Saia (SAIA), Ryder System (R), Heartland Express (HTLD), Avis Budget Group (CAR), FRP (FRPH), Hertz Global (HTZ) and Roadrunner Transportation Systems (RRTS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Marten Transport investors own include Chipotle Mexican Grill (CMG), Occidental Petroleum (OXY), Primo Water (PRMW), Accenture (ACN), General Motors (GM), Harley-Davidson (HOG), IBM (IBM), 3M (MMM), Pfizer (PFE) and Pentair (PNR).

Marten Transport trades on the NASDAQ under the ticker symbol "MRTN."

Marten Transport's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.34%), Victory Capital Management Inc. (5.02%), Victory Capital Management Inc. (5.02%), Bank of New York Mellon Corp (2.62%), State Street Corp (2.48%) and Wellington Management Group LLP (1.97%). Company insiders that own Marten Transport stock include James J Hinnendael, John H Turner, Larry B Hagness, Randolph L Marten, Robert L Demorest, Thomas J Winkel and Timothy M Kohl. View institutional ownership trends for Marten Transport.

MRTN stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, BlackRock Inc., Nuveen Asset Management LLC, Deutsche Bank AG, New York State Common Retirement Fund, Bank of New York Mellon Corp, Citigroup Inc., and Federated Hermes Inc.. 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.

MRTN stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Victory Capital Management Inc., Victory Capital Management Inc., Assenagon Asset Management S.A., Wellington Management Group LLP, Scopus Asset Management L.P., and State Street Corp. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of MRTN stock can currently be purchased for approximately $25.59.

Marten Transport has a market capitalization of $1.40 billion and generates $843.27 million in revenue each year. The transportation company earns $61.07 million in net income (profit) each year or $1.11 on an earnings per share basis. Marten Transport employs 4,087 workers across the globe.

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

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 www.marten.com.