TSE:MTL

Mullen Group Stock Forecast, Price & News

C$13.56

+0.08 (+0.59 %)

(As of 09/17/2021 12:00 AM ET)

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Today's Range

C$13.31

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C$13.56

50-Day Range

C$12.19

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C$13.75

52-Week Range

C$8.84

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C$13.95

Volume380,990 shs

Average Volume276,443 shs

Market CapitalizationC$1.30 billion

P/E Ratio18.55

Dividend Yield3.56%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Mullen Group

Mullen Group Ltd. provides trucking and logistics services in Canada and the United States. The company operates through three segments: Less-Than-Truckload, Logistics & Warehousing, and Specialized & Industrial Services. 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, 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, hydrovac excavation services, hydrostatic testing services to the pipeline industry and midstream sector, and transporting of oversize and overweight shipments. 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. Mullen Group Ltd. was founded in 1949 and is headquartered in Okotoks, Canada.

Mullen Group Ltd. (TSE:MTL) Receives Average Rating of "Buy" from Analysts
September 5, 2021 | americanbankingnews.com

Mullen Group Ltd. Declares Monthly Dividend of $0.04 (TSE:MTL)
August 29, 2021 | americanbankingnews.com

Mullen Group Ltd. (TSE:MTL) Declares $0.04 Monthly Dividend
August 25, 2021 | americanbankingnews.com

4 Dividend Stocks Analysts Believe Are About to Burst!
July 24, 2021 | ca.finance.yahoo.com

Mullen Group (TSE:MTL) Could Be A Buy For Its Upcoming Dividend
July 24, 2021 | finance.yahoo.com

CANADA STOCKS - TSX falls 0.06% to 20,097.52
July 22, 2021 | nasdaq.com

3 Obscure Stocks to Buy for Extra Monthly Income
July 22, 2021 | ca.finance.yahoo.com

Mullen Group Ltd. Reports 2021 Second Quarter Financial Results
July 21, 2021 | finance.yahoo.com

Mullen Group declares $0.04 dividend
July 20, 2021 | seekingalpha.com

Mullen Group Ltd.
July 17, 2021 | barrons.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Oil & Gas Equipment & Services
Sub-IndustryN/A
SectorBasic Materials
Current SymbolTSE:MTL
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.mullen-group.com
Phone+1-403-9955200
Employees6,124
Year FoundedN/A

Sales & Book Value

Annual SalesC$1.19 billion
Price / Sales1.09
Cash FlowC$1.30 per share
Price / Cash Flow10.44
Book ValueC$9.32 per share
Price / Book1.46

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares96,207,000
Market CapC$1.30 billion
Next Earnings Date10/20/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.91 out of 5 stars

3.4 Analyst's Opinion

Consensus Rating
Mullen Group has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$15.80, Mullen Group has a forecasted upside of 16.5% from its current price of C$13.56.
Amount of Analyst Coverage
Mullen Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.6 Community Rank

Outperform Votes
Mullen Group has received 306 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Mullen Group has received 262 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Mullen Group has received 53.87% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Mullen Group and other stocks. Vote “Outperform” if you believe MTL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MTL will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Mullen Group is a leading dividend payer. It pays a dividend yield of 3.56%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Mullen Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Mullen Group is 57.46%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mullen Group insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Mullen Group is 18.55, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.50.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mullen Group is 18.55, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 15.50.
Price to Earnings Growth Ratio
Mullen Group has a PEG Ratio of 2.78. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Mullen Group has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Mullen Group (TSE:MTL) Frequently Asked Questions

Is Mullen Group a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mullen Group in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Mullen Group stock.
View analyst ratings for Mullen Group or view top-rated stocks.

What stocks does MarketBeat like better than Mullen Group?

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

When is Mullen Group's next earnings date?

Mullen Group is scheduled to release its next quarterly earnings announcement on Wednesday, October 20th 2021.
View our earnings forecast for Mullen Group.

How were Mullen Group's earnings last quarter?

Mullen Group Ltd. (TSE:MTL) issued its quarterly earnings results on Wednesday, July, 21st. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.02. The business had revenue of $312.50 million for the quarter, compared to analysts' expectations of $314.60 million.
View Mullen Group's earnings history.

How has Mullen Group's stock price been impacted by COVID-19 (Coronavirus)?

Mullen Group's stock was trading at C$6.32 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MTL stock has increased by 114.6% and is now trading at C$13.56.
View which stocks have been most impacted by COVID-19.

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

Mullen Group declared a monthly dividend on Monday, August 23rd. Shareholders of record on Tuesday, August 31st will be given a dividend of 0.04 per share on Wednesday, September 15th. This represents a $0.48 annualized dividend and a dividend yield of 3.54%. The ex-dividend date is Monday, August 30th.
View Mullen Group's dividend history.

Is Mullen Group a good dividend stock?

Mullen Group pays an annual dividend of C$0.42 per share and currently has a dividend yield of 3.56%. The dividend payout ratio of Mullen Group is 57.46%. This payout ratio is at a healthy, sustainable level, below 75%.
View Mullen Group's dividend history.

What price target have analysts set for MTL?

8 equities research analysts have issued twelve-month price objectives for Mullen Group's stock. Their forecasts range from C$14.00 to C$18.50. On average, they anticipate Mullen Group's stock price to reach C$15.80 in the next year. This suggests a possible upside of 16.5% from the stock's current price.
View analysts' price targets for Mullen Group or view top-rated stocks among Wall Street analysts.

Who are Mullen Group's key executives?

Mullen Group's management team includes the following people:

Mr. Murray Kenneth Mullen, Chairman, CEO & Pres (Age 65, Pay $650k)
Mr. P. Stephen Clark CMA, Chief Financial Officer
Ms. Joanna Kathryn Scott, Corp. Sec., VP of Corp. Services & Gen. Councel
Mr. Richard J. Maloney, Sr. VP
Mr. Carson P. Urlacher C.A., CPA, Corp. Controller

Who are some of Mullen Group's key competitors?

Some companies that are related to Mullen Group include John Wood Group (WG), Secure Energy Services (SES), Enerflex (EFX), Trican Well Service (TCW), Pason Systems (PSI), Precision Drilling (PD), North American Construction Group (NOA), Dexterra Group (DXT), TerraVest Industries (TVK), Shawcor (SCL), Petrofac (PFC), Hunting (HTG), Total Energy Services (TOT), Strad Inc. (SDY.TO) (SDY) and STEP Energy Services (STEP).
View all of MTL's competitors.

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), The 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 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$13.56.

How much money does Mullen Group make?

Mullen Group has a market capitalization of C$1.30 billion and generates C$1.19 billion in revenue each year.

How many employees does Mullen Group have?

Mullen Group employs 6,124 workers across the globe.

What is Mullen Group's official website?

The official website for Mullen Group is www.mullen-group.com.

Where are Mullen Group's headquarters?

Mullen Group is headquartered at 121A-31 Southridge Dr, OKOTOKS, AB T1S 2N3, Canada.

How can I contact Mullen Group?

Mullen Group's mailing address is 121A-31 Southridge Dr, OKOTOKS, AB T1S 2N3, Canada. The company can be reached via phone at +1-403-9955200.

This page was last updated on 9/19/2021 by MarketBeat.com Staff

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