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TSE:MTL

Mullen Group (MTL) Stock Forecast, Price & News

C$16.09
-0.26 (-1.59%)
(As of 06/8/2023 ET)
Compare
Today's Range
C$16.07
▼
C$16.42
50-Day Range
C$14.05
▼
C$16.35
52-Week Range
C$10.83
▼
C$16.43
Volume
139,860 shs
Average Volume
268,452 shs
Market Capitalization
C$1.46 billion
P/E Ratio
9.04
Dividend Yield
4.47%
Price Target
C$16.80
ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media

Mullen Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
4.4% Upside
C$16.80 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Mullen Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.22 out of 5 stars

See Top Rated MarketRank™ Stocks Here

MTL stock logo

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

June 7, 2023 | markets.businessinsider.com
BMO Capital Reiterates Their Hold Rating on Mullen Group Ltd. (MTL)
June 7, 2023 | americanbankingnews.com
Mullen Group (TSE:MTL) Hits New 12-Month High at $16.18
June 8, 2023 | Behind the Markets (Ad)
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May 28, 2023 | americanbankingnews.com
Mullen Group Ltd. (TSE:MTL) Given Average Rating of "Moderate Buy" by Brokerages
May 26, 2023 | finance.yahoo.com
Mullen Group Ltd. (TSE:MTL) Passed Our Checks, And It's About To Pay A CA$0.06 Dividend
May 4, 2023 | theglobeandmail.com
Closing Bell: Mullen Group Ltd 5.75 Pct Debs down on Thursday (MTL-DB)
May 3, 2023 | americanbankingnews.com
Mullen Group Ltd. (TSE:MTL) Receives C$16.45 Average Price Target from Analysts
May 3, 2023 | americanbankingnews.com
Analysts Offer Predictions for Mullen Group Ltd.'s Q2 2023 Earnings (TSE:MTL)
June 8, 2023 | UNKNOWN (Ad)
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May 2, 2023 | theglobeandmail.com
Closing Bell: Mullen Group Ltd 5.75 Pct Debs down on Tuesday (MTL-DB)
May 2, 2023 | americanbankingnews.com
Mullen Group Ltd. to Post Q2 2023 Earnings of $0.33 Per Share, Cormark Forecasts (TSE:MTL)
May 1, 2023 | americanbankingnews.com
National Bankshares Raises Mullen Group (TSE:MTL) Price Target to C$19.00
May 1, 2023 | americanbankingnews.com
Mullen Group (TSE:MTL) Given New C$18.00 Price Target at Scotiabank
April 29, 2023 | americanbankingnews.com
BMO Capital Markets Boosts Mullen Group (TSE:MTL) Price Target to C$15.50
April 29, 2023 | americanbankingnews.com
Mullen Group (TSE:MTL) Given New C$17.00 Price Target at TD Securities
April 29, 2023 | americanbankingnews.com
Mullen Group (TSE:MTL) Given New C$15.50 Price Target at CIBC
April 28, 2023 | msn.com
Unusual Put Option Trade in Mullen Automotive (MULN) Worth $42.90K
April 27, 2023 | finanznachrichten.de
Mullen Group Ltd. Reports 2023 First Quarter Financial Results including Record First Quarter Revenue
April 26, 2023 | americanbankingnews.com
Mullen Group (MTL) Set to Announce Quarterly Earnings on Thursday
April 25, 2023 | finance.yahoo.com
Mullen Group (TSE:MTL) Has Announced A Dividend Of CA$0.06
April 22, 2023 | theglobeandmail.com
Closing Bell: Mullen Group Ltd up on Friday (MTL)
April 21, 2023 | theglobeandmail.com
Closing Bell: Mullen Group Ltd down on Thursday (MTL)
April 18, 2023 | theglobeandmail.com
Closing Bell: Mullen Group Ltd 5.75 Pct Debs up on Friday (MTL-DB)
April 11, 2023 | theglobeandmail.com
Closing Bell: Mullen Group Ltd up on Monday (MTL)
April 8, 2023 | theglobeandmail.com
Closing Bell: Mullen Group Ltd up on Thursday (MTL)
April 6, 2023 | theglobeandmail.com
Closing Bell: Mullen Group Ltd down on Wednesday (MTL)
April 6, 2023 | americanbankingnews.com
Brokerages Set Mullen Group Ltd. (TSE:MTL) Target Price at C$16.45
See More Headlines

MTL Price History

MTL Company Calendar

Ex-Dividend for 5/15 Dividend
4/28/2023
Dividend Payable
5/15/2023
Ex-Dividend for 6/15 Dividend
5/30/2023
Today
6/08/2023
Dividend Payable
6/15/2023
Next Earnings (Estimated)
7/20/2023
Get Stock Alerts

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$16.80
High Stock Price Forecast
C$19.00
Low Stock Price Forecast
C$14.00
Forecasted Upside/Downside
+4.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$1.78
Trailing P/E Ratio
9.04
Forward P/E Ratio
12.63
P/E Growth
1.81
Net Income
C$173.89 million
Net Margins
8.52%
Pretax Margin
N/A
Return on Equity
18.99%
Return on Assets
7.34%

Debt

Debt-to-Equity Ratio
80.76
Current Ratio
1.39
Quick Ratio
1.06

Sales & Book Value

Annual Sales
C$2.04 billion
Price / Sales
0.72
Cash Flow
C$0.10 per share
Price / Cash Flow
168.51
Book Value
C$10.43 per share
Price / Book
1.54

Miscellaneous

Outstanding Shares
90,820,000
Free Float
N/A
Market Cap
C$1.46 billion
Optionable
Optionable
Beta
1.76

Key Executives

  • Mr. Murray Kenneth Mullen (Age 67)
    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

View All Competitors

Insiders

View All Insider Transactions













MTL Stock - Frequently Asked Questions

Should I buy or sell Mullen Group stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mullen Group in the last year. There are currently 4 hold ratings, 3 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities 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 2023?

9 Wall Street research analysts have issued 12-month target prices for Mullen Group's shares. Their MTL share price forecasts range from C$14.00 to C$19.00. On average, they expect the company's share price to reach C$16.80 in the next twelve months. This suggests a possible upside of 4.4% 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 2023?

Mullen Group's stock was trading at C$14.55 on January 1st, 2023. Since then, MTL stock has increased by 10.6% and is now trading at C$16.09.
View the best growth stocks for 2023 here.

When is Mullen Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our MTL earnings forecast.

How often does Mullen Group pay dividends? What is the dividend yield for Mullen Group?

Mullen Group announced a monthly dividend on Tuesday, May 23rd. Stockholders of record on Wednesday, May 31st will be paid a dividend of 0.06 per share on Thursday, June 15th. This represents a $0.72 annualized dividend and a dividend yield of 4.47%. The ex-dividend date is Tuesday, May 30th.
Read our dividend analysis for MTL.

Is Mullen Group a good dividend stock?

Mullen Group (TSE:MTL) pays an annual dividend of C$0.72 per share and currently has a dividend yield of 4.53%. MTL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 40.45%. 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), 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$16.09.

How much money does Mullen Group make?

Mullen Group (TSE:MTL) has a market capitalization of C$1.46 billion and generates C$2.04 billion in revenue each year. The company earns C$173.89 million in net income (profit) each year or C$1.78 on an earnings per share basis.

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 6/8/2023 by MarketBeat.com Staff

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