Marten Transport Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marten Transport in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street 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 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) issued its quarterly earnings results on Wednesday, April, 14th. The transportation company reported $0.22 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.20 by $0.02. The transportation company earned $223.05 million during the quarter, compared to the consensus estimate of $224.05 million. Marten Transport had a trailing twelve-month return on equity of 10.58% and a net margin of 7.60%. Marten Transport's revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.25 earnings per share.
View Marten Transport's earnings history.

Marten Transport's stock was trading at $12.4667 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MRTN shares have increased by 41.3% and is now trading at $17.61.
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Marten Transport declared a quarterly dividend on Tuesday, March 2nd. Shareholders of record on Wednesday, March 17th will be given a dividend of $0.04 per share on Wednesday, March 31st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date is Tuesday, March 16th.
View Marten Transport's dividend history.

Marten Transport pays an annual dividend of $0.16 per share and currently has a dividend yield of 0.91%. Marten Transport does not yet have a strock track record of dividend growth. The dividend payout ratio of Marten Transport is 21.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Marten Transport will have a dividend payout ratio of 17.02% next year. This indicates that Marten Transport will be able to sustain or increase its dividend.
View Marten Transport's dividend history.

Marten Transport's stock split on Friday, August 14th 2020. The 3-2 split was announced on Thursday, July 16th 2020. The newly minted shares were issued to shareholders after the closing bell 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.

3 analysts have issued 12 month target prices for Marten Transport's stock. Their forecasts range from $18.00 to $22.00. On average, they anticipate Marten Transport's stock price to reach $20.33 in the next year. This suggests a possible upside of 15.5% from the stock's current price.
View analysts' price targets for Marten Transport or view top-rated stocks among Wall Street analysts.

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), Saia (SAIA), Avis Budget Group (CAR), Ryder System (R), Werner Enterprises (WERN), Heartland Express (HTLD) and FRP (FRPH).
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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 variety of institutional and retail investors. Top institutional shareholders include Livingston Group Asset Management CO operating as Southport Capital Management (0.05%), State of Alaska Department of Revenue (0.05%), Everence Capital Management Inc. (0.02%), Dalton Greiner Hartman Maher & Co. (0.02%) and Hodges Capital Management Inc. (0.02%). 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 Hodges Capital Management Inc., Dalton Greiner Hartman Maher & Co., and State of Alaska Department of Revenue. 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 or view top insider-selling stocks.

MRTN stock was acquired by a variety of institutional investors in the last quarter, including Livingston Group Asset Management CO operating as Southport Capital Management, and Everence Capital Management 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 $17.61.

Marten Transport has a market capitalization of $1.46 billion and generates $843.27 million in revenue each year. The transportation company earns $61.07 million in net income (profit) each year or $0.74 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.