NASDAQ:MRTN - Marten Transport Stock Price, Forecast & News

Marten Transport's stock was trading at $18.70 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MRTN stock has increased by 1.7% and is now trading at $19.01. View which stocks have been mosted impacted by Coronavirus.

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.

Marten Transport is scheduled to release its next quarterly earnings announcement on Thursday, April 16th 2020. View our earnings forecast for Marten Transport.

Marten Transport, Ltd (NASDAQ:MRTN) announced its quarterly earnings data on Thursday, January, 23rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.01. The transportation company had revenue of $217.20 million for the quarter, compared to the consensus estimate of $215.90 million. Marten Transport had a return on equity of 10.31% and a net margin of 7.24%. The business's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.29 earnings per share. View Marten Transport's earnings history.

Marten Transport announced a quarterly dividend on Tuesday, March 3rd. Shareholders of record on Tuesday, March 17th will be paid a dividend of $0.04 per share on Tuesday, March 31st. This represents a $0.16 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date is Monday, March 16th. This is an increase from Marten Transport's previous quarterly dividend of $0.03. View Marten Transport's dividend history.

Shares of Marten Transport split on Monday, July 10th 2017. The 5-3 split was announced on Thursday, June 15th 2017. The newly created shares were issued 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.

3 brokers have issued 12-month target prices for Marten Transport's stock. Their forecasts range from $18.00 to $24.00. On average, they anticipate Marten Transport's stock price to reach $21.00 in the next year. This suggests a possible upside of 10.5% from the stock's current price. View analysts' price targets for Marten Transport.

News coverage about MRTN stock has trended somewhat negative on Monday, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Marten Transport earned a news impact score of -1.0 on InfoTrie's scale. They also assigned media headlines about the transportation company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutMarten Transport.

Marten Transport saw a decline in short interest during the month of March. As of March 13th, there was short interest totaling 867,200 shares, a decline of 23.3% from the February 27th total of 1,130,000 shares. Based on an average daily trading volume, of 176,800 shares, the short-interest ratio is presently 4.9 days. Currently, 2.2% of the company's stock are short sold. View Marten Transport's Current Options Chain.

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), Werner Enterprises (WERN), Saia (SAIA), Heartland Express (HTLD), Ryder System (R), Avis Budget Group (CAR), Hertz Global (HTZ), FRP (FRPH) and Roadrunner Transportation Systems (RRTS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Marten Transport investors own include Primo Water (PRMW), Chipotle Mexican Grill (CMG), Occidental Petroleum (OXY), Accenture (ACN), General Motors (GM), Harley-Davidson (HOG), Pentair (PNR), Nexstar Media Group (NXST), Franklin Resources (BEN) and Continental Resources (CLR).

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

Marten Transport's stock is owned by many different institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (4.74%), Victory Capital Management Inc. (4.58%), Janus Henderson Group PLC (2.90%), Bank of New York Mellon Corp (2.76%), State Street Corp (2.24%) and Granite Investment Partners LLC (1.78%). Company insiders that own Marten Transport stock include James J Hinnendael, Randolph L Marten, Robert L Demorest and Thomas J Winkel. View institutional ownership trends for Marten Transport.

MRTN stock was sold by a variety of institutional investors in the last quarter, including Penn Capital Management Co. Inc., New York State Common Retirement Fund, PNC Financial Services Group Inc., Bank of New York Mellon Corp, FMR LLC, Renaissance Technologies LLC, First Trust Advisors LP, and Morgan Dempsey Capital Management LLC. View insider buying and selling activity for Marten Transport.

MRTN stock was acquired by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Victory Capital Management Inc., Victory Capital Management Inc., Goldman Sachs Group Inc., Geode Capital Management LLC, Algert Global LLC, Equitable Holdings Inc., and California Public Employees Retirement System. View insider buying and selling activity for 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.

One share of MRTN stock can currently be purchased for approximately $19.01.

Marten Transport has a market capitalization of $1.04 billion and generates $843.27 million in revenue each year. The transportation company earns $61.07 million in net income (profit) each year or $1.11 on an earnings per share basis. Marten Transport employs 4,087 workers across the globe. View additional information about Marten Transport.

The official website for Marten Transport is http://www.marten.com/.

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]