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S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
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S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
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How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
Countries Are Investing Heavily Into Securing Energy Independence (Ad)
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Countries Are Investing Heavily Into Securing Energy Independence (Ad)
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SoFi expands ETF business with options-driven income fund

Mullen Group Stock Price, News & Analysis (TSE:MTL)

C$13.07
-0.33 (-2.46%)
(As of 12/5/2023 ET)
Compare
Today's Range
C$13.06
C$13.49
50-Day Range
C$13.00
C$13.97
52-Week Range
C$12.82
C$16.43
Volume
238,800 shs
Average Volume
225,635 shs
Market Capitalization
C$1.16 billion
P/E Ratio
7.47
Dividend Yield
5.51%
Price Target
C$17.63

Mullen Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
34.9% Upside
C$17.63 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

2.01 out of 5 stars


MTL stock logo

About Mullen Group Stock (TSE:MTL)

Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. 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 full truckload, specialized transportation, warehousing, and fulfillment centers that handle ecommerce transactions and transload facilities for intermodal and bulk shipments; technology solutions, including transportation management, inventory management, and warehouse management systems; and warehousing and distribution services. The Specialized & Industrial Services segment provides production services, 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. The company was founded in 1949 and is headquartered in Okotoks, Canada.

MTL Stock Price History

MTL Stock News Headlines

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
BMO Capital Maintains Their Hold Rating on Mullen Group Ltd. (MTL)
RBC Capital Keeps a Hold Rating on Mullen Group Ltd. (MTL)
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Need Cash Flow? These Stocks Pay You Every Month
Mullen Group Ltd. declares CAD 0.06 dividend
Closing Bell: Mullen Group Ltd down on Friday (MTL)
Mullen: Bankruptcy Is A Serious Risk
Closing Bell: Mullen Group Ltd down on Monday (MTL)
See More Headlines
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Company Calendar

Last Earnings
10/19/2023
Ex-Dividend for 11/15 Dividend
10/30/2023
Dividend Payable
11/15/2023
Ex-Dividend for 12/15 Dividend
11/29/2023
Today
12/05/2023
Dividend Payable
12/15/2023
Next Earnings (Estimated)
2/08/2024

Industry, Sector and Symbol

Industry
Trucking
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
7,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$17.63
High Stock Price Target
C$20.00
Low Stock Price Target
C$15.00
Potential Upside/Downside
+34.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
C$168.81 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$2 billion
Cash Flow
C$0.08 per share
Book Value
C$10.92 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.16 billion
Optionable
Not Optionable
Beta
1.68
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Key Executives

  • Mr. Murray Kenneth Mullen (Age 67)
    Chairman, President & Senior Executive Officer
    Comp: $970k
  • Mr. Carson P. Urlacher C.A.
    CPA, Senior Accounting Officer & Interim CFO
  • Mr. Richard J. Maloney
    Senior Operating Officer
  • Ms. Joanna Kathryn Scott
    Senior Corporate Officer & General Counsel
  • Mr. Lee Hellyer
    Vice President of Operations
  • Mr. P. Stephen Clark CMA
    Senior Financial Officer (Leave of Absence)














MTL Stock Analysis - Frequently Asked Questions

Should I buy or sell Mullen Group stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mullen Group in the last twelve months. There are currently 4 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MTL shares.
View MTL analyst ratings
or view top-rated stocks.

What is Mullen Group's stock price target for 2024?

8 brokers have issued 1 year price objectives for Mullen Group's shares. Their MTL share price targets range from C$15.00 to C$20.00. On average, they predict the company's stock price to reach C$17.63 in the next twelve months. This suggests a possible upside of 34.9% 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 at the beginning of the year. Since then, MTL shares have decreased by 10.2% and is now trading at C$13.07.
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, February 8th 2024.
View our MTL earnings forecast
.

How were Mullen Group's earnings last quarter?

Mullen Group Ltd. (TSE:MTL) issued its quarterly earnings data on Thursday, October, 19th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.34 by $0.07. The company earned $504 million during the quarter, compared to analysts' expectations of $497 million. Mullen Group had a trailing twelve-month return on equity of 17.82% and a net margin of 8.45%.

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

Mullen Group announced a monthly dividend on Wednesday, November 22nd. Investors of record on Thursday, November 30th will be paid a dividend of 0.06 per share on Friday, December 15th. This represents a $0.72 dividend on an annualized basis and a yield of 5.51%. The ex-dividend date is Wednesday, November 29th.
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 5.37%. MTL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 41.14%. 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).

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.

This page (TSE:MTL) was last updated on 12/6/2023 by MarketBeat.com Staff

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