Marten Transport (MRTN) Stock Price, News & Analysis

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

2 equities research analysts have issued 1 year price targets for Marten Transport's shares. Their MRTN share price targets range from $21.00 to $25.00. On average, they anticipate the company's stock price to reach $23.00 in the next year. This suggests a possible upside of 38.9% from the stock's current price.
View analysts price targets for MRTN or view top-rated stocks among Wall Street analysts.

Marten Transport's stock was trading at $20.98 on January 1st, 2024. Since then, MRTN shares have decreased by 21.1% and is now trading at $16.56.
View the best growth stocks for 2024 here.

Marten Transport saw a decrease in short interest in March. As of March 31st, there was short interest totaling 627,700 shares, a decrease of 49.4% from the March 15th total of 1,240,000 shares. Based on an average daily trading volume, of 452,800 shares, the short-interest ratio is presently 1.4 days. Currently, 1.1% of the shares of the company are short sold.
View Marten Transport's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024.
View our MRTN earnings forecast.

Marten Transport, Ltd. (NASDAQ:MRTN) issued its quarterly earnings results on Thursday, April, 18th. The transportation company reported $0.12 earnings per share for the quarter, hitting the consensus estimate of $0.12. The transportation company had revenue of $249.67 million for the quarter, compared to analyst estimates of $262.77 million. Marten Transport had a trailing twelve-month return on equity of 9.48% and a net margin of 6.22%. The company's quarterly revenue was down 16.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.28 earnings per share.

Marten Transport announced a quarterly dividend on Tuesday, February 20th. Investors of record on Friday, March 15th will be given a dividend of $0.06 per share on Friday, March 29th. This represents a $0.24 annualized dividend and a dividend yield of 1.45%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for MRTN.

Marten Transport (NASDAQ:MRTN) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.48%. The dividend payout ratio is 27.59%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MRTN.

ETFs with the largest weight of Marten Transport (NASDAQ:MRTN) stock in their portfolio include JPMorgan Active Small Cap Value ETF (JPSV), SPDR S&P Transportation ETF (XTN) and iShares U.S. Transportation ETF (IYT).Direxion Daily Transportation Bull 3X Shares (TPOR).

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 distributed to shareholders after the closing bell on Thursday, August 13th 2020. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

91 employees have rated Marten Transport Chief Executive Officer Randy Marten on Glassdoor.com. Randy Marten has an approval rating of 72% among the company's employees.

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's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.48%) and Confluence Investment Management LLC (0.20%). Insiders that own company stock include James J Hinnendael, Jerry M Bauer, John H Turner, Larry B Hagness, Robert L Demorest and Thomas J Winkel.
View institutional ownership trends.

Shares of MRTN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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