Marten Transport Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Marten Transport in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Marten Transport stock.
View analyst ratings for Marten Transport or view top-rated stocks.

2 analysts have issued 1-year target prices for Marten Transport's shares. Their MRTN stock forecasts range from $22.00 to $22.00. On average, they expect Marten Transport's share price to reach $22.00 in the next year. This suggests a possible upside of 31.5% from the stock's current price.
View analysts' price targets for Marten Transport or view top-rated stocks among Wall Street analysts.

Marten Transport's stock was trading at $17.16 on January 1st, 2022. Since then, MRTN shares have decreased by 2.5% and is now trading at $16.73.
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Marten Transport is scheduled to release its next quarterly earnings announcement on Thursday, July 21st 2022.
View our earnings forecast for Marten Transport.

Marten Transport, Ltd. (NASDAQ:MRTN) announced its quarterly earnings data on Tuesday, April, 19th. The transportation company reported $0.33 EPS for the quarter, beating analysts' consensus estimates of $0.26 by $0.07. The transportation company earned $287.28 million during the quarter, compared to the consensus estimate of $262.17 million. Marten Transport had a net margin of 9.15% and a trailing twelve-month return on equity of 14.70%. The company's quarterly revenue was up 28.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.22 earnings per share.
View Marten Transport's earnings history.

Marten Transport declared a quarterly dividend on Wednesday, May 4th. Stockholders of record on Thursday, June 16th will be paid a dividend of $0.06 per share on Thursday, June 30th. This represents a $0.24 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Wednesday, June 15th.
View Marten Transport's dividend history.

Marten Transport(NASDAQ:MRTN) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.42%. Marten Transport does not yet have a strong track record of dividend growth. The dividend payout ratio of Marten Transport is 20.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Marten Transport will have a dividend payout ratio of 18.60% next year. This indicates that Marten Transport will be able to sustain or increase its dividend.
View Marten Transport's dividend history.

Shares of Marten Transport split before market open 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.

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), Knight-Swift Transportation (KNX), Avis Budget Group (CAR), Landstar System (LSTR), Saia (SAIA), Ryder System (R), Werner Enterprises (WERN), Heartland Express (HTLD), FRP (FRPH) and AMERCO (UHAL).
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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), 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."

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 $16.73.

Marten Transport (NASDAQ:MRTN) has a market capitalization of $1.37 billion and generates $973.64 million in revenue each year. The transportation company earns $85.43 million in net income (profit) each year or $1.15 on an earnings per share basis.

Marten Transport employs 4,007 workers across the globe.

Marten Transport's mailing address is 129 MARTEN STREET, MONDOVI WI, 55402. The official website for Marten Transport is www.marten.com. The transportation company can be reached via phone at (715) 926-4216, via email at www.marten.com, or via fax at 715-926-4530.