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
Current SymbolNASDAQ:MRTN
Previous Symbol
CUSIP57307510
Phone715-926-4216
Debt
Debt-to-Equity RatioN/A
Current Ratio1.98
Quick Ratio1.98
Price-To-Earnings
Trailing P/E Ratio27.05
Forward P/E Ratio16.94
P/E GrowthN/A
Sales & Book Value
Annual Sales$698.12 million
Price / Sales1.31
Cash Flow$2.0627 per share
Price / Cash Flow8.13
Book Value$9.64 per share
Price / Book1.74
Profitability
EPS (Most Recent Fiscal Year)$0.62
Net Income$90.28 million
Net Margins13.62%
Return on Equity8.81%
Return on Assets6.67%
Miscellaneous
Employees3,492
Outstanding Shares54,460,000
Market Cap$965.63 million
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 Thursday, December 6th. Stockholders of record on Tuesday, December 18th will be paid a dividend of $0.025 per share on Friday, December 28th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date of this dividend is Monday, December 17th. View Marten Transport's Dividend History.
When did Marten Transport's stock split? How did Marten Transport's stock split work?
Marten Transport's stock split before market open on Monday, July 10th 2017. The 5-3 split was announced on Thursday, June 15th 2017. The newly minted shares were payable 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) announced its quarterly earnings results on Tuesday, October, 16th. The transportation company reported $0.28 EPS for the quarter, topping analysts' consensus estimates of $0.26 by $0.02. The transportation company earned $199.60 million during the quarter, compared to the consensus estimate of $203.10 million. Marten Transport had a return on equity of 8.81% and a net margin of 13.62%. Marten Transport's revenue was up 16.9% on a year-over-year basis. During the same period last year, the company earned $0.14 EPS. View Marten Transport's Earnings History.
When is Marten Transport's next earnings date?
What price target have analysts set for MRTN?
3 Wall Street analysts have issued 12 month price objectives for Marten Transport's stock. Their predictions range from $21.00 to $30.00. On average, they expect Marten Transport's stock price to reach $24.3333 in the next year. This suggests a possible upside of 45.1% from the stock's current price. View Analyst Price Targets 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 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Marten Transport.
Has Marten Transport been receiving favorable news coverage?
Media coverage about MRTN stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative 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 news impact score of -1.1 on InfoTrie's scale. They also gave media stories about the transportation company a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an effect on the stock's share price in the immediate future.
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), P.A.M. Transportation Services (PTSI), YRC Worldwide (YRCW), USA Truck (USAK), Celadon Group (CGIP), 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)
Who are Marten Transport's major shareholders?
Marten Transport's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.75%), Dimensional Fund Advisors LP (8.30%), Vanguard Group Inc. (4.17%), Vanguard Group Inc (4.17%), Victory Capital Management Inc. (2.88%) and Janus Henderson Group PLC (2.59%). 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 major investors are selling Marten Transport stock?
MRTN stock was sold by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, FMR LLC, Russell Investments Group Ltd., Heartland Advisors Inc., Royce & Associates LP, JPMorgan Chase & Co., O Shaughnessy Asset Management LLC and 12th Street Asset Management Company LLC. Company insiders that have sold Marten Transport company stock in the last year include Larry B Hagness and Thomas J Winkel. View Insider Buying and Selling for Marten Transport.
Which major investors are buying Marten Transport stock?
MRTN stock was purchased by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Morgan Stanley, Victory Capital Management Inc., Prudential Financial Inc., BlackRock Inc., Assenagon Asset Management S.A., Citadel Advisors LLC and PNC Financial Services Group Inc.. 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 $16.77.
How big of a company is Marten Transport?
Marten Transport has a market capitalization of $965.63 million 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.
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.
