S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NASDAQ:MRTN

Marten Transport (MRTN) Stock Forecast, Price & News

$16.98
+0.46 (+2.78%)
(As of 05/20/2022 04:00 PM ET)
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Today's Range
$16.35
$17.06
50-Day Range
$15.87
$19.83
52-Week Range
$14.72
$19.94
Volume
932,300 shs
Average Volume
470,425 shs
Market Capitalization
$1.39 billion
P/E Ratio
14.77
Dividend Yield
1.41%
Beta
0.83
30 days | 90 days | 365 days | Advanced Chart
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Marten Transport logo

About Marten Transport

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 customized transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermodal segment transports customers' freight utilizing its refrigerated containers and 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 customers in temperature-controlled trailers and dry vans. As of December 31, 2021, the company operated a fleet of 3,204 tractors, including 3,111 company-owned tractors and 93 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.

Headlines

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Industry, Sector and Symbol

Industry
Trucking, except local
Sub-Industry
Trucking
Current Symbol
NASDAQ:MRTN
CUSIP
57307510
Employees
4,007
Year Founded
N/A

Sales & Book Value

Annual Sales
$973.64 million
Cash Flow
$2.33 per share
Book Value
$7.92 per share

Profitability

Net Income
$85.43 million
Pretax Margin
11.91%

Debt

Price-To-Earnings

Miscellaneous

Free Float
63,508,000
Market Cap
$1.39 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/31 Dividend
3/16/2022
Dividend Payable
3/31/2022
Last Earnings
4/19/2022
Today
5/23/2022
Ex-Dividend for 6/30 Dividend
6/15/2022
Dividend Payable
6/30/2022
Next Earnings (Estimated)
7/21/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.85 out of 5 stars

Transportation Sector

19th out of 168 stocks

Trucking, Except Local Industry

4th out of 18 stocks

Analyst Opinion: 3.3Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 4.2Valuation: 0.6 5 -4 -3 -2 -1 -













Marten Transport (NASDAQ:MRTN) Frequently Asked Questions

Is Marten Transport a buy right now?

2 Wall Street 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 research analysts is that investors should "buy" Marten Transport stock.
View analyst ratings for Marten Transport
or view top-rated stocks.

When is Marten Transport's next earnings date?

Marten Transport is scheduled to release its next quarterly earnings announcement on Thursday, July 21st 2022.
View our earnings forecast for Marten Transport
.

How were Marten Transport's earnings last quarter?

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

How often does Marten Transport pay dividends? What is the dividend yield for Marten Transport?

Marten Transport announced a quarterly dividend on Wednesday, May 4th. Shareholders of record on Thursday, June 16th will be given a dividend of $0.06 per share on Thursday, June 30th. This represents a $0.24 annualized dividend and a yield of 1.41%. The ex-dividend date is Wednesday, June 15th.
View Marten Transport's dividend history
.

Is Marten Transport a good dividend stock?

Marten Transport pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.41%. 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 19.05% next year. This indicates that Marten Transport will be able to sustain or increase its dividend.
View Marten Transport's dividend history.

When did Marten Transport's stock split? How did Marten Transport's stock split work?

Marten Transport shares split before market open on Friday, August 14th 2020. The 3-2 split was announced on Thursday, July 16th 2020. The newly created 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.

What price target have analysts set for MRTN?

2 equities research analysts have issued 1 year target prices for Marten Transport's shares. Their 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 29.6% from the stock's current price.
View analysts' price targets for Marten Transport
or view top-rated stocks among Wall Street analysts.

Who are Marten Transport's key executives?
Marten Transport's management team includes the following people:
  • Mr. Randolph L. Marten, Exec. Chairman (Age 69, Pay $1.22M)
  • Mr. Timothy M. Kohl, Chief Exec. Officer (Age 74, Pay $1.05M)
  • Mr. Douglas Paul Petit, Pres (Age 55, Pay $1.08M)
  • Mr. James J. Hinnendael, Exec. VP & CFO (Age 59, Pay $596.91k)
  • Mr. John H. Turner, Exec. VP of Sales & Marketing (Age 60, Pay $573.18k)
  • Mr. Patrick J. Pazderka J.D., Sec.
What is Randy Marten's approval rating as Marten Transport's CEO?

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.

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), Procter & Gamble (PG), Pentair (PNR), AT&T (T), Abbott Laboratories (ABT), Accenture (ACN), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).

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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.84%), Victory Capital Management Inc. (7.36%), Dimensional Fund Advisors LP (7.31%), Vanguard Group Inc. (4.86%), Geneva Capital Management LLC (3.84%) and State Street Corp (3.23%). Company insiders that own Marten Transport stock include James J Hinnendael, Jerry M Bauer, Jerry M Bauer, John H Turner, 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 Goldman Sachs Group Inc., Rhumbline Advisers, Healthcare of Ontario Pension Plan Trust Fund, Russell Investments Group Ltd., Invesco Ltd., Panagora Asset Management Inc., JPMorgan Chase & Co., and Envestnet Asset Management Inc.. Company insiders that have sold Marten Transport company stock in the last year include James J Hinnendael, John H Turner, Robert L Demorest, and Thomas J Winkel.
View insider buying and selling activity for Marten Transport
or view top insider-selling stocks.

Which institutional investors are buying Marten Transport stock?

MRTN stock was acquired by a variety of institutional investors in the last quarter, including Granite Investment Partners LLC, Renaissance Technologies LLC, Northern Trust Corp, Victory Capital Management Inc., Vanguard Group Inc., American Century Companies Inc., First Trust Advisors LP, and EAM Investors LLC.
View insider buying and selling activity for Marten Transport
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Marten Transport's stock price today?

One share of MRTN stock can currently be purchased for approximately $16.98.

How much money does Marten Transport make?

Marten Transport has a market capitalization of $1.39 billion and generates $973.64 million in revenue each year. The transportation company earns $85.43 million in net income (profit) each year or $1.149990 on an earnings per share basis.

How many employees does Marten Transport have?

Marten Transport employs 4,007 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, via email at www.marten.com, or via fax at 715-926-4530.

This page was last updated on 5/23/2022 by MarketBeat.com Staff

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