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NASDAQ:MRTN

Marten Transport Stock Forecast, Price & News

$17.63
-0.16 (-0.90 %)
(As of 11/30/2020 12:00 AM ET)
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Today's Range
$17.57
Now: $17.63
$17.92
50-Day Range
$15.32
MA: $16.97
$19.03
52-Week Range
$10.67
Now: $17.63
$20.13
Volume347,736 shs
Average Volume393,220 shs
Market Capitalization$1.46 billion
P/E Ratio22.04
Dividend Yield0.90%
Beta1.04
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 transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermodal segment transports its customers' freight utilizing its 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 its customers in temperature-controlled trailers and dry vans. As of December 31, 2019, the company operated a fleet of 3,212 tractors, including 3,120 company-owned tractors and 92 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.
Marten Transport logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.5Community Rank: 1.9Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.56 out of 5 stars


Industry, Sector and Symbol

Industry Trucking, except local
Sub-IndustryTrucking
Current SymbolNASDAQ:MRTN
CUSIP57307510
Phone715-926-4216
Employees4,087

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$843.27 million
Cash Flow$2.07 per share
Book Value$7.80 per share

Profitability

Net Income$61.07 million

Miscellaneous

Market Cap$1.46 billion
Next Earnings Date1/28/2021 (Estimated)
OptionableOptionable
$17.63
-0.16 (-0.90 %)
(As of 11/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Marten Transport (NASDAQ:MRTN) Frequently Asked Questions

How has Marten Transport's stock price been impacted by COVID-19?

Marten Transport's stock was trading at $12.4667 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MRTN shares have increased by 41.4% and is now trading at $17.63.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Marten Transport?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marten Transport in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Marten Transport
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Marten Transport?

Wall Street analysts have given Marten Transport a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Marten Transport wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Marten Transport's next earnings date?

Marten Transport is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 2021.
View our earnings forecast for Marten Transport
.

How were Marten Transport's earnings last quarter?

Marten Transport, Ltd. (NASDAQ:MRTN) announced its quarterly earnings data on Thursday, October, 15th. The transportation company reported $0.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.02. The transportation company had revenue of $216.01 million for the quarter, compared to the consensus estimate of $223.03 million. Marten Transport had a net margin of 7.60% and a return on equity of 10.58%. The business's revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.30 earnings per share.
View Marten Transport's earnings history
.

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

Marten Transport declared a None dividend on Wednesday, November 18th. Stockholders of record on Monday, December 14th will be given a dividend of $0.54 per share on Monday, December 28th. This represents a yield of 0.9%. The ex-dividend date of this dividend is Friday, December 11th. This is a positive change from Marten Transport's previous None dividend of $0.45.
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 Friday, August 14th 2020. The 3-2 split was announced on Thursday, July 16th 2020. The newly issued 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?

3 equities research analysts have issued 1 year price objectives for Marten Transport's stock. Their forecasts range from $14.67 to $21.00. On average, they anticipate Marten Transport's stock price to reach $17.89 in the next twelve months. This suggests a possible upside of 1.5% from the stock's current price.
View analysts' price targets for Marten Transport
.

Are investors shorting Marten Transport?

Marten Transport saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 1,670,000 shares, an increase of 15.2% from the October 31st total of 1,450,000 shares. Based on an average trading volume of 385,700 shares, the short-interest ratio is presently 4.3 days.
View Marten Transport's Short Interest
.

Who are some of Marten Transport's key competitors?

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

Who are Marten Transport's key executives?

Marten Transport's management team includes the following people:
  • Mr. Randolph L. Marten, Chairman & CEO (Age 67, Pay $890.64k)
  • Mr. Timothy M. Kohl, Pres (Age 72, Pay $659.52k)
  • Mr. James J. Hinnendael, Exec. VP & CFO (Age 57, Pay $401.36k)
  • Mr. John H. Turner, Exec. VP of Sales & Marketing (Age 58, Pay $389.66k)
  • Mr. Thomas A. Letscher, Sec.

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 investors include BlackRock Inc. (11.04%), Victory Capital Management Inc. (4.46%), State Street Corp (2.59%), Granite Investment Partners LLC (1.21%), Wells Fargo & Company MN (1.15%) and Arrowstreet Capital Limited Partnership (0.76%). Company insiders that own Marten Transport stock include James J Hinnendael, Jerry M Bauer, 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
.

Which major investors are selling Marten Transport stock?

MRTN stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Diametric Capital LP, Harvest Fund Management Co. Ltd, and ExodusPoint Capital Management LP. 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
.

Which major investors are buying Marten Transport stock?

MRTN stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Victory Capital Management Inc., State Street Corp, Granite Investment Partners LLC, Wells Fargo & Company MN, Arrowstreet Capital Limited Partnership, Empirical Capital Management LLC, and Charles Schwab Investment Management Inc..
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Marten Transport's stock price today?

One share of MRTN stock can currently be purchased for approximately $17.63.

How big of a company is Marten Transport?

Marten Transport has a market capitalization of $1.46 billion and generates $843.27 million in revenue each year. The transportation company earns $61.07 million in net income (profit) each year or $0.74 on an earnings per share basis. Marten Transport employs 4,087 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 or via email at www.marten.com.

This page was last updated on 12/1/2020 by MarketBeat.com Staff

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