TSE:MTL

Mullen Group - MTL Stock Forecast, Price & News

C$14.19

-0.02 (-0.14%)

(As of 09/27/2022 12:00 AM ET)

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Today's Range: C$14.13
▼
C$14.40
50-Day Range: C$11.74
▼
C$15.83
52-Week Range: C$10.83
▼
C$15.87

Volume: 310,929 shs
Average Volume: 334,640 shs
Market Capitalization: C$1.32 billion

P/E Ratio: 14.19
Dividend Yield: 5.07%
Price Target: C$17.27

About Mullen Group (TSE:MTL) Stock

Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. The company operates in four segments: Less-Than-Truckload, Logistics & Warehousing, Specialized & Industrial Services, and U.S. & International Logistics. The Less-Than-Truckload segment delivers general freight consisting of smaller shipments, packages, and parcels; and pharmaceutical and package products. The Logistics & Warehousing segment offers multimode transportation services, such as full truckload, specialized trucking, intermodal, and transload to customers through a network of terminals and transload facilities; and warehousing and distribution services. The Specialized & Industrial Services segment provides production services, such as well servicing, production fluid transportation, transportation of fluids for disposal, frac support, hydrovac excavation, and industrial cleaning and turnaround services; and specialized services comprising dredging and dewatering services, large diameter pipe stockpiling and stringing services, water management, environmental services, civil construction, municipal development and emergency services, hydrostatic testing services to the pipeline industry and midstream sector, and transporting of oversize and overweight shipments, as well as deals in original equipment manufacturer parts and services. This segment also offers drilling and drilling related services, consisting of transportation, handling, and storage of oilfield fluids, tubulars, and drilling mud; drilling rig relocation; general oilfield hauling; well disposal facility; core drilling; setting surface casing; and conductor pipe setting services. The U.S. & International Logistics segment provides logistics services through professional representatives and station agents. This segment also owns SilverExpress, a proprietary integrated transportation management platform. Mullen Group Ltd. was founded in 1949 and is headquartered in Okotoks, Canada.

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MTL Stock News Headlines

September 23, 2022 | americanbankingnews.com

Mullen Group (TSE:MTL) Stock Crosses Above 200-Day Moving Average of $13.06

September 20, 2022 | americanbankingnews.com

Brokerages Set Mullen Group Ltd. (TSE:MTL) Price Target at C$17.35

September 9, 2022 | baystreet.ca

Intact, Direct, Mullen Group, Evergreen at Fresh 52-Week Highs

September 3, 2022 | theglobeandmail.com

Closing Bell: Mullen Group Ltd 5.75 Pct Debs down on Wednesday (MTL-DB)

August 4, 2022 | theglobeandmail.com

Mullen Group Ltd stock advanced on Wednesday.

August 3, 2022 | theglobeandmail.com

Mullen Group Ltd stock decreased on Tuesday.

July 22, 2022 | seekingalpha.com

Mullen: A Force In The Making

July 21, 2022 | ca.investing.com

Canadian Stocks Moving Markets Midday: Canopy, Aurora, Mullen Group

July 21, 2022 | ca.investing.com

TSX Midday Market Movers: Canopy Growth, Aurora Cannabis, Mullen Group

July 21, 2022 | ca.finance.yahoo.com

Mullen Group reports $42.7M Q2 profit, revenue up 67 per cent from year ago

July 21, 2022 | nasdaq.com

Mullen Group Ltd. Q2 Profit Increases, beats estimates

July 15, 2022 | theglobeandmail.com

Mullen Group Ltd stock reduced on Friday.

July 14, 2022 | theglobeandmail.com

Mullen Group Ltd stock advanced on Tuesday.

June 27, 2022 | theglobeandmail.com

Mullen Group Ltd stock advanced on Monday.

June 23, 2022 | theglobeandmail.com

Mullen Group Ltd stock eased on Thursday.

June 21, 2022 | theglobeandmail.com

Mullen Group Ltd stock boosted on Tuesday.

June 18, 2022 | theglobeandmail.com

Mullen Group Ltd stock raised on Friday.

June 17, 2022 | theglobeandmail.com

Mullen Group Ltd 5.75 Pct Debs stock dipped on Wednesday.

May 22, 2022 | finance.yahoo.com

Is Now The Time To Put Mullen Group (TSE:MTL) On Your Watchlist?

May 13, 2022 | theglobeandmail.com

Insiders have been buying high-yielding Mullen Group

April 22, 2022 | benzinga.com

RBC Capital Maintains Outperform on Mullen Group, Raises Price Target to C$15

April 4, 2022 | theglobeandmail.com

Monday’s TSX breakouts: A stock yielding 4.6% that’s on the cusp of a bullish Golden Cross

March 31, 2022 | finance.yahoo.com

Mullen Group Ltd. 2022 First Quarter Earnings Conference Call and Webcast

February 10, 2022 | seekingalpha.com

Mullen Group Non-GAAP EPS of C$0.22, revenue of C$441.9M

February 2, 2022 | finance.yahoo.com

Mullen Group (TSE:MTL) investors are sitting on a loss of 19% if they invested five years ago

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30 days | 90 days | 365 days | Advanced Chart

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MTL Company Calendar

Last Earnings: 7/21/2022
Ex-Dividend for 9/15 Dividend: 8/30/2022
Dividend Payable: 9/15/2022
Today: 9/27/2022
Ex-Dividend for 10/17 Dividend: 9/28/2022
Dividend Payable: 10/17/2022
Next Earnings (Estimated): 10/26/2022

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Oil & Gas Equipment & Services
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:MTL
CUSIP: N/A
CIK: N/A
Web: www.mullen-group.com
Phone: +1-403-9955200
Fax: N/A
Employees: 7,202
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$17.27
High Stock Price Forecast: C$19.00
Low Stock Price Forecast: C$15.50
Forecasted Upside/Downside: +21.7%
Consensus Rating: Buy
Rating Score (0-4): 3.13
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 14.19
Forward P/E Ratio: 10.73
P/E Growth: 1.96
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 91.09
Current Ratio: 1.18
Quick Ratio: 0.97

Sales & Book Value

Annual Sales: C$1.85 billion
Price / Sales: 0.71
Cash Flow: C$0.08 per share
Price / Cash Flow: 177.08
Book Value: C$9.72 per share
Price / Book: 1.46

Miscellaneous

Outstanding Shares: 93,026,000
Free Float: N/A
Market Cap: C$1.32 billion
Optionable: Optionable
Beta: N/A

Key Executives

Mr. Murray Kenneth Mullen (Age 66)
Chairman, Pres & Sr. Exec. Officer
Comp: $625k

Mr. Carson P. Urlacher C.A.
CPA, Sr. Accounting Officer & Interim CFO

Mr. Richard J. Maloney
Sr. Operating Officer

Ms. Joanna Kathryn Scott
Sr. Corp. Officer & Gen. Counsel

Mr. P. Stephen Clark CMA
Sr. Financial Officer (Leave of Absence)

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MTL Stock - Frequently Asked Questions

Should I buy or sell Mullen Group stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mullen Group in the last year. There are currently 1 hold rating, 5 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MTL shares.
View MTL analyst ratings or view top-rated stocks.
What is Mullen Group's stock price forecast for 2022?: 8 analysts have issued 12 month price targets for Mullen Group's stock. Their MTL share price forecasts range from C$15.50 to C$19.00. On average, they expect the company's share price to reach C$17.27 in the next year. This suggests a possible upside of 21.7% from the stock's current price.
View analysts price targets for MTL or view top-rated stocks among Wall Street analysts.
How have MTL shares performed in 2022?: Mullen Group's stock was trading at C$11.63 on January 1st, 2022. Since then, MTL stock has increased by 22.0% and is now trading at C$14.19.
View the best growth stocks for 2022 here.
When is Mullen Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our MTL earnings forecast.
How were Mullen Group's earnings last quarter?: Mullen Group Ltd. (TSE:MTL) announced its quarterly earnings results on Thursday, July, 21st. The company reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.17. The business earned $521.56 million during the quarter, compared to analysts' expectations of $453.03 million.
How often does Mullen Group pay dividends? What is the dividend yield for Mullen Group?: Mullen Group announced a monthly dividend on Thursday, September 22nd. Investors of record on Friday, September 30th will be given a dividend of 0.06 per share on Monday, October 17th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.07%. The ex-dividend date is Wednesday, September 28th.
Read our dividend analysis for MTL.

Is Mullen Group a good dividend stock?: Mullen Group (TSE:MTL) pays an annual dividend of C$0.56 per share and currently has a dividend yield of 5.07%. MTL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 56.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MTL.
What other stocks do shareholders of Mullen Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Mullen Group investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Open Text (OTEX), Toronto-Dominion Bank (TD) and Rogers Communications (RCI).
What is Mullen Group's stock symbol?: Mullen Group trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MTL."
How do I buy shares of Mullen Group?: Shares of MTL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is Mullen Group's stock price today?: One share of MTL stock can currently be purchased for approximately C$14.19.
How much money does Mullen Group make?: Mullen Group (TSE:MTL) has a market capitalization of C$1.32 billion and generates C$1.85 billion in revenue each year.
How many employees does Mullen Group have?: The company employs 7,202 workers across the globe.
How can I contact Mullen Group?: Mullen Group's mailing address is 121A-31 Southridge Dr, OKOTOKS, AB T1S 2N3, Canada. The official website for the company is www.mullen-group.com. The company can be reached via phone at +1-403-9955200.

This page (TSE:MTL) was last updated on 9/28/2022 by MarketBeat.com Staff

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