Marten Transport Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Marten Transport in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Marten Transport stock.
View analyst ratings for Marten Transport or view top-rated stocks.

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Marten Transport saw a decrease in short interest in May. As of May 28th, there was short interest totaling 1,620,000 shares, a decrease of 13.8% from the May 13th total of 1,880,000 shares. Based on an average daily volume of 334,700 shares, the days-to-cover ratio is presently 4.8 days. Approximately 2.5% of the company's shares are sold short.
View Marten Transport's Short Interest.

Marten Transport is scheduled to release its next quarterly earnings announcement on Thursday, July 15th 2021.
View our earnings forecast for Marten Transport.

Marten Transport, Ltd. (NASDAQ:MRTN) released its earnings results on Wednesday, April, 14th. The transportation company reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.02. The transportation company earned $223.05 million during the quarter, compared to analyst estimates of $224.05 million. Marten Transport had a trailing twelve-month return on equity of 11.67% and a net margin of 8.40%. The firm's revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.25 EPS.
View Marten Transport's earnings history.

Marten Transport's stock was trading at $12.4667 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MRTN shares have increased by 32.9% and is now trading at $16.57.
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Marten Transport declared a quarterly dividend on Tuesday, May 4th. Investors of record on Wednesday, June 16th will be paid a dividend of $0.04 per share on Wednesday, June 30th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date of this dividend is Tuesday, June 15th.
View Marten Transport's dividend history.

Marten Transport pays an annual dividend of $0.16 per share and currently has a dividend yield of 0.98%. Marten Transport does not yet have a strong track record of dividend growth. The dividend payout ratio of Marten Transport is 19.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Marten Transport will have a dividend payout ratio of 14.16% next year. This indicates that Marten Transport will be able to sustain or increase its dividend.
View Marten Transport's dividend history.

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 issued shares were issued to shareholders after the market closes on Thursday, August 13th 2020. An investor that had 100 shares of Marten Transport stock prior to the split would have 150 shares after the split.

2 Wall Street analysts have issued twelve-month price targets for Marten Transport's stock. Their forecasts range from $21.00 to $22.00. On average, they anticipate Marten Transport's share price to reach $21.50 in the next twelve months. This suggests a possible upside of 29.8% from the stock's current price.
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91 employees have rated Marten Transport CEO Randy Marten on Glassdoor.com. Randy Marten has an approval rating of 72% among Marten Transport's employees.

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

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), The Procter & Gamble (PG), Pentair (PNR), AT&T (T), Abbott Laboratories (ABT), Accenture (ACN), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).

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

Marten Transport's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.78%), Dimensional Fund Advisors LP (7.51%), Victory Capital Management Inc. (5.68%), Geneva Capital Management LLC (4.07%), Goldman Sachs Group Inc. (1.84%) and Geode Capital Management LLC (1.43%). Company insiders that own Marten Transport stock include James J Hinnendael, Jerry M Bauer, John H Turner, Larry B Hagness, Randolph L Marten, 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 Morgan Stanley, Bank of New York Mellon Corp, Dimensional Fund Advisors LP, Hodges Capital Management Inc., Geneva Capital Management LLC, US Bancorp DE, Algert Global LLC, and New York State Common Retirement Fund. Company insiders that have sold Marten Transport company stock in the last year include John H Turner, Thomas J Winkel, and Timothy M Kohl.
View insider buying and selling activity for Marten Transport or view top insider-selling stocks.

MRTN stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Russell Investments Group Ltd., Pier Capital LLC, Nuveen Asset Management LLC, Victory Capital Management Inc., Millennium Management LLC, Citadel Advisors LLC, and BlackRock Inc..
View insider buying and selling activity for Marten Transport or or view top insider-buying stocks.

Shares of MRTN 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.
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One share of MRTN stock can currently be purchased for approximately $16.57.

Marten Transport has a market capitalization of $1.37 billion and generates $874.37 million in revenue each year. The transportation company earns $69.50 million in net income (profit) each year or $0.84 on an earnings per share basis.

Marten Transport employs 4,162 workers across the globe.

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

Marten Transport is headquartered at 129 MARTEN STREET, MONDOVI WI, 55402.

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 www.marten.com.