NASDAQ:MRTN Marten Transport Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Marten Transport, Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $16.35 -0.57 (-3.37 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$16.05Now: $16.35▼$17.9150-Day Range$16.92MA: $18.13▼$18.8152-Week Range$10.67Now: $16.35▼$20.13Volume884,990 shsAverage Volume395,008 shsMarket Capitalization$1.35 billionP/E Ratio20.96Dividend Yield0.95%Beta0.97 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 offers transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermodal segment transports its customers' freight utilizing its temperature-controlled trailers 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, 2018, the company operated a fleet of 2,755 tractors, including 2,709 company-owned tractors and 46 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.Read More Beat the Market (BTM) Rank™ 1.5 Analyst's Opinion Consensus RatingMarten Transport has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.89, Marten Transport has a forecasted upside of 9.4% from its current price of $16.35.Amount of Analyst CoverageMarten Transport has only been the subject of 1 research reports in the past 90 days. Previous Next 1.9 Community Rank Outperform VotesMarten Transport has received 245 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMarten Transport has received 390 “underperform” votes. (Add your “underperform” vote.)Community SentimentMarten Transport has received 61.42% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldMarten Transport has a dividend yield of 0.95%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMarten Transport has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Marten Transport is 21.62%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Marten Transport will have a dividend payout ratio of 19.05% next year. This indicates that Marten Transport will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Marten Transport insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $743,050.00 in company stock.Percentage Held by InsidersOnly 22.80% of the stock of Marten Transport is held by insiders.Percentage Held by Institutions47.45% of the stock of Marten Transport is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Marten Transport are expected to grow by 12.00% in the coming year, from $0.75 to $0.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Marten Transport is 20.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Marten Transport is 20.96, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 19.27.Price to Book Value per Share RatioMarten Transport has a P/B Ratio of 2.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.5Community Rank: 1.9Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.34 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Trucking, except local Sub-IndustryTrucking SectorTransportation Current SymbolNASDAQ:MRTN Previous Symbol CUSIP57307510 CIK799167 Webwww.marten.com Phone715-926-4216Debt Debt-to-Equity RatioN/A Current Ratio2.22 Quick Ratio2.22Price-To-Earnings Trailing P/E Ratio20.96 Forward P/E Ratio21.80 P/E GrowthN/A Sales & Book Value Annual Sales$843.27 million Price / Sales1.60 Cash Flow$1.75 per share Price / Cash Flow9.33 Book Value$7.28 per share Price / Book2.25Profitability EPS (Most Recent Fiscal Year)$0.74 Net Income$61.07 million Net Margins7.44% Return on Equity10.61% Return on Assets7.92%Miscellaneous Employees4,087 Outstanding Shares82,663,000Market Cap$1.35 billion Next Earnings Date10/15/2020 (Estimated) OptionableOptionable $16.35 -0.57 (-3.37 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MRTN News and Ratings via Email Sign-up to receive the latest news and ratings for MRTN and its competitors with MarketBeat's FREE daily newsletter. Marten Transport (NASDAQ:MRTN) Frequently Asked Questions How has Marten Transport's stock been impacted by COVID-19 (Coronavirus)? 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 31.1% and is now trading at $16.35. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Marten Transport? 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, resulting in a consensus recommendation of "Buy." View analyst ratings for Marten Transport. When is Marten Transport's next earnings date? Marten Transport is scheduled to release its next quarterly earnings announcement on Thursday, October 15th 2020. View our earnings forecast for Marten Transport. How were Marten Transport's earnings last quarter? Marten Transport, Ltd (NASDAQ:MRTN) announced its quarterly earnings data on Thursday, July, 16th. The transportation company reported $0.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.07. The transportation company earned $212.38 million during the quarter, compared to the consensus estimate of $207.80 million. Marten Transport had a return on equity of 10.61% and a net margin of 7.44%. View Marten Transport's earnings history. How often does Marten Transport pay dividends? What is the dividend yield for Marten Transport? Marten Transport declared a quarterly dividend on Thursday, July 16th. Investors of record on Wednesday, September 16th will be given a dividend of $0.04 per share on Wednesday, September 30th. This represents a $0.16 annualized dividend and a dividend yield of 0.98%. The ex-dividend date is Tuesday, September 15th. 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 Friday, August 14th 2020. The 3-2 split was announced on Thursday, July 16th 2020. The newly created shares were distributed 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. What price target have analysts set for MRTN? 3 Wall Street analysts have issued 1-year price objectives for Marten Transport's shares. Their forecasts range from $14.67 to $21.00. On average, they expect Marten Transport's share price to reach $17.89 in the next year. This suggests a possible upside of 9.4% from the stock's current price. View analysts' price targets for Marten Transport. Are investors shorting Marten Transport? Marten Transport saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,430,000 shares, an increase of 20.2% from the August 15th total of 1,190,000 shares. Based on an average daily trading volume, of 416,600 shares, the short-interest ratio is presently 3.4 days. View Marten Transport's Short Interest. Who are some of Marten Transport's key competitors? Some companies that are related to Marten Transport include Old Dominion Freight Line (ODFL), J B Hunt Transport Services (JBHT), Nikola (NKLA), AMERCO (UHAL), Knight-Swift Transportation (KNX), Landstar System (LSTR), Saia (SAIA), Werner Enterprises (WERN), Ryder System (R), Avis Budget Group (CAR), Heartland Express (HTLD), FRP (FRPH), Hertz Global (HTZ) and Roadrunner Transportation Systems (RRTS). View all competitors. What other stocks do shareholders of Marten Transport own? 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), Pentair (PNR), AT&T (T), Abbott Laboratories (ABT), Accenture (ACN), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and General Mills (GIS). Who are Marten Transport's key executives? Marten Transport's management team includes the following people: Mr. Randolph L. Marten, Chairman & CEO (Age 66)Mr. Timothy M. Kohl, Pres (Age 71)Mr. James J. Hinnendael, Exec. VP & CFO (Age 56)Mr. Timothy P. Nash, Exec. VP of Sales & Marketing (Age 67)Mr. John H. Turner, Sr. VP of Sales (Age 57) What is Marten Transport's stock symbol? Marten Transport trades on the NASDAQ under the ticker symbol "MRTN." Who are Marten Transport's major shareholders? Marten Transport's stock is owned by many different retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (5.03%), Vanguard Group Inc. (4.46%), Goldman Sachs Group Inc. (3.05%), Bank of New York Mellon Corp (1.92%), FMR LLC (0.89%) and Granite Investment Partners LLC (1.24%). 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. Which institutional investors are selling Marten Transport stock? MRTN stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Granite Investment Partners LLC, FMR LLC, First Trust Advisors LP, Assenagon Asset Management S.A., Dalton Greiner Hartman Maher & Co., Russell Investments Group Ltd., and Balyasny Asset Management LLC. 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. Which institutional investors are buying Marten Transport stock? MRTN stock was bought by a variety of institutional investors in the last quarter, including Driehaus Capital Management LLC, Pier Capital LLC, Moody Aldrich Partners LLC, Monarch Partners Asset Management LLC, WINTON GROUP Ltd, Bessemer Group Inc., Hodges Capital Management Inc., and EAM Investors LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Marten Transport's stock price today? One share of MRTN stock can currently be purchased for approximately $16.35. How big of a company is Marten Transport? Marten Transport has a market capitalization of $1.35 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 4,087 workers across the globe. What is Marten Transport's official website? The official website for Marten Transport is www.marten.com. 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 www.marten.com. This page was last updated on 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
