Marten Transport Stock Forecast, Price & News

3 Wall Street research 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 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 is scheduled to release its next quarterly earnings announcement on Thursday, April 15th 2021.
View our earnings forecast for Marten Transport.

Marten Transport, Ltd. (NASDAQ:MRTN) posted its earnings results on Monday, January, 25th. The transportation company reported $0.24 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.22 by $0.02. The transportation company earned $227.30 million during the quarter, compared to analysts' expectations of $226.80 million. Marten Transport had a net margin of 7.60% and a trailing twelve-month return on equity of 10.58%. The business's revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.19 EPS.
View Marten Transport's earnings history.

Marten Transport's stock was trading at $12.4667 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MRTN stock has increased by 28.3% and is now trading at $16.00.
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Marten Transport announced a None dividend on Wednesday, November 18th. Stockholders of record on Monday, December 14th will be paid a dividend of $0.54 per share on Monday, December 28th. This represents a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, December 11th. This is a positive change from Marten Transport's previous None dividend of $0.45.
View Marten Transport's dividend history.

Marten Transport pays an annual dividend of $0.16 per share and currently has a dividend yield of 0.96%. 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 the morning of Friday, August 14th 2020. The 3-2 split was announced on Thursday, July 16th 2020. The newly minted shares were payable 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.

3 equities research analysts have issued 12 month price targets for Marten Transport's stock. Their forecasts range from $14.67 to $21.00. On average, they anticipate Marten Transport's stock price to reach $17.89 in the next twelve months. This suggests a possible upside of 11.8% 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.56%), Dimensional Fund Advisors LP (7.73%), Victory Capital Management Inc. (5.40%), Morgan Stanley (1.49%), Bank of New York Mellon Corp (1.45%) and Northern Trust Corp (1.22%). Company insiders that own Marten Transport stock include James J Hinnendael, Jerry M Bauer, 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 Wells Fargo & Company MN, Dimensional Fund Advisors LP, SG Americas Securities LLC, Renaissance Technologies LLC, Bank of New York Mellon Corp, Dalton Greiner Hartman Maher & Co., Clearbridge Investments LLC, and Argent Capital 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 or view top insider-selling stocks.

MRTN stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Victory Capital Management Inc., BlackRock Inc., Norges Bank, Next Century Growth Investors LLC, Hodges Capital Management Inc., Pier Capital LLC, and Denali Advisors LLC.
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 $16.00.

Marten Transport has a market capitalization of $1.32 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.

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.