NASDAQ:MRTNMarten Transport Stock Price, Forecast & News

Marten Transport's stock was trading at $18.70 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MRTN stock has increased by 29.4% and is now trading at $24.19. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marten Transport in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Marten Transport.

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

Marten Transport, Ltd (NASDAQ:MRTN) released its quarterly earnings data on Thursday, April, 16th. The transportation company reported $0.25 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.24 by $0.01. The transportation company earned $218.60 million during the quarter, compared to the consensus estimate of $207.55 million. Marten Transport had a return on equity of 10.24% and a net margin of 7.10%. The firm's revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.25 earnings per share. View Marten Transport's earnings history.

Marten Transport declared a quarterly dividend on Tuesday, May 5th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.04 per share on Tuesday, June 30th. This represents a $0.16 annualized dividend and a yield of 0.66%. The ex-dividend date is Monday, June 15th. View Marten Transport's dividend history.

Marten Transport's stock split on the morning of 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 closing bell 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.

4 analysts have issued 1 year price targets for Marten Transport's stock. Their forecasts range from $18.00 to $27.00. On average, they anticipate Marten Transport's stock price to reach $23.25 in the next twelve months. This suggests that the stock has a possible downside of 3.9%. View analysts' price targets for Marten Transport.

News articles about MRTN stock have trended very negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. 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 sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the transportation company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutMarten Transport.

Marten Transport saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,000,000 shares, an increase of 15.7% from the April 30th total of 864,200 shares. Based on an average trading volume of 271,200 shares, the short-interest ratio is currently 3.7 days. Currently, 2.6% of the shares of the company are sold short. 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), Knight-Swift Transportation (KNX), AMERCO (UHAL), 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). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Marten Transport investors own include Chipotle Mexican Grill (CMG), Occidental Petroleum (OXY), Primo Water (PRMW), Accenture (ACN), General Motors (GM), Harley-Davidson (HOG), IBM (IBM), 3M (MMM), Pfizer (PFE) and Pentair (PNR).

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 investors include BlackRock Inc. (11.34%), Victory Capital Management Inc. (5.02%), Victory Capital Management Inc. (5.02%), Bank of New York Mellon Corp (2.62%), State Street Corp (2.48%) and Wellington Management Group LLP (1.97%). Company insiders that own Marten Transport stock include James J Hinnendael, 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 Janus Henderson Group PLC, BlackRock Inc., Nuveen Asset Management LLC, Deutsche Bank AG, New York State Common Retirement Fund, Bank of New York Mellon Corp, Citigroup Inc., and Federated Hermes Inc.. 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.

MRTN stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Victory Capital Management Inc., Victory Capital Management Inc., Assenagon Asset Management S.A., Wellington Management Group LLP, Scopus Asset Management L.P., State Street Corp, and Balyasny Asset Management LLC. 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 $24.19.

Marten Transport has a market capitalization of $1.33 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.

The official website for Marten Transport is 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 www.marten.com.