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 provides transportation solutions to individual customers using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermodal segment transports its customers' freight utilizing temperature-controlled trailers and dry containers 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, 2017, the company operated a fleet of 2,738 tractors, including 2,678 company-owned tractors and 60 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.
Industry, Sector and Symbol
Industry Trucking, except local
Sub-IndustryTrucking
SectorTransportation
SymbolNASDAQ:MRTN
CUSIP57307510
Phone715-926-4216
Debt
Debt-to-Equity RatioN/A
Current Ratio1.59
Quick Ratio1.59
Price-To-Earnings
Trailing P/E Ratio38.15
Forward P/E Ratio25.71
P/E GrowthN/A
Sales & Book Value
Annual Sales$698.12 million
Price / Sales1.85
Cash Flow$2.1442 per share
Price / Cash11.03
Book Value$9.64 per share
Price / Book2.45
Profitability
EPS (Most Recent Fiscal Year)$0.62
Net Income$90.28 million
Net Margins12.98%
Return on Equity7.27%
Return on Assets5.23%
Miscellaneous
Employees3,492
Outstanding Shares54,590,000
Marten Transport (NASDAQ:MRTN) Frequently Asked Questions
What is Marten Transport's stock symbol?
Marten Transport trades on the NASDAQ under the ticker symbol "MRTN."
How often does Marten Transport pay dividends? What is the dividend yield for Marten Transport?
Marten Transport declared a quarterly dividend on Tuesday, May 8th. Investors of record on Friday, June 15th will be paid a dividend of $0.025 per share on Friday, June 29th. This represents a $0.10 annualized dividend and a yield of 0.42%. The ex-dividend date is Thursday, June 14th. View Marten Transport's Dividend History.
When did Marten Transport's stock split? How did Marten Transport's stock split work?
Marten Transport's stock split before market open on Monday, July 10th 2017. The 5-3 split was announced on Thursday, June 15th 2017. The newly created shares were distributed 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.
How were Marten Transport's earnings last quarter?
Marten Transport, Ltd (NASDAQ:MRTN) posted its earnings results on Thursday, April, 19th. The transportation company reported $0.19 EPS for the quarter, meeting the Zacks' consensus estimate of $0.19. The transportation company earned $187 million during the quarter, compared to the consensus estimate of $188.70 million. Marten Transport had a net margin of 12.98% and a return on equity of 7.27%. The firm's quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.25 earnings per share. View Marten Transport's Earnings History.
When is Marten Transport's next earnings date?
What price target have analysts set for MRTN?
3 equities research analysts have issued twelve-month price targets for Marten Transport's stock. Their predictions range from $20.00 to $30.00. On average, they expect Marten Transport's stock price to reach $25.00 in the next twelve months. View Analyst Ratings for Marten Transport.
Are investors shorting Marten Transport?
Marten Transport saw a decline in short interest in May. As of May 15th, there was short interest totalling 808,480 shares, a decline of 45.4% from the April 30th total of 1,481,800 shares. Based on an average trading volume of 345,981 shares, the days-to-cover ratio is currently 2.3 days. Currently, 2.1% of the shares of the company are sold short.
Who are some of Marten Transport's key competitors?
Some companies that are related to Marten Transport include Schneider National (SNDR), Landstar System (LSTR), Werner Enterprises (WERN), Saia (SAIA), Heartland Express (HTLD), ArcBest (ARCB), Universal Logistics (ULH), Covenant Transportation Group (CVTI), YRC Worldwide (YRCW), P.A.M. Transportation Services (PTSI), USA Truck (USAK) and Celadon Group (CGI).
Who are Marten Transport's key executives?
Marten Transport's management team includes the folowing people:
- Mr. Randolph L. Marten, Chairman & CEO (Age 65)
- Mr. Timothy M. Kohl, Pres (Age 70)
- Mr. James J. Hinnendael, Exec. VP, CFO & Principal Accounting Officer (Age 55)
- Mr. Timothy P. Nash, Exec. VP of Sales & Marketing (Age 66)
- Mr. John H. Turner, Sr. VP of Sales (Age 56)
Has Marten Transport been receiving favorable news coverage?
News coverage about MRTN stock has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Marten Transport earned a coverage optimism score of 0.13 on Accern's scale. They also assigned media stories about the transportation company an impact score of 45.58 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are Marten Transport's major shareholders?
Marten Transport's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.92%), Dimensional Fund Advisors LP (8.35%), Northern Trust Corp (1.68%), Granite Investment Partners LLC (1.19%), 12th Street Asset Management Company LLC (0.99%) and Next Century Growth Investors LLC (0.78%). Company insiders that own Marten Transport stock include James J Hinnendael, John H Turner, Larry B Hagness, Randolph L Marten and Thomas J Winkel. 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 WINTON GROUP Ltd, Next Century Growth Investors LLC, Penn Capital Management Co. Inc., Dalton Greiner Hartman Maher & Co., Dimensional Fund Advisors LP, Guggenheim Capital LLC, Granite Investment Partners LLC and Millennium Management LLC. Company insiders that have sold Marten Transport company stock in the last year include Larry B Hagness and Thomas J Winkel. View Insider Buying and Selling for Marten Transport.
Which institutional investors are buying Marten Transport stock?
MRTN stock was acquired by a variety of institutional investors in the last quarter, including O Shaughnessy Asset Management LLC, BlackRock Inc., Intrinsic Edge Capital Management LLC, Virginia Retirement Systems ET AL, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Argent Capital Management LLC and CIBC World Markets Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Marten Transport's stock price today?
One share of MRTN stock can currently be purchased for approximately $23.65.
How big of a company is Marten Transport?
Marten Transport has a market capitalization of $1.31 billion and generates $698.12 million in revenue each year. The transportation company earns $90.28 million in net income (profit) each year or $0.62 on an earnings per share basis. Marten Transport employs 3,492 workers across the globe.
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 [email protected]
MarketBeat Community Rating for Marten Transport (MRTN)
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.
