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NASDAQ:MRTN

Marten Transport (MRTN) Stock Price, News & Analysis

$17.20
-0.03 (-0.17%)
(As of 02:38 PM ET)
Today's Range
$17.07
$17.30
50-Day Range
$16.64
$18.94
52-Week Range
$15.33
$21.38
Volume
111,511 shs
Average Volume
418,494 shs
Market Capitalization
$1.40 billion
P/E Ratio
24.23
Dividend Yield
1.40%
Price Target
$20.00

Marten Transport MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
16.7% Upside
$20.00 Price Target
Short Interest
Healthy
1.39% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.10mentions of Marten Transport in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$82,530 Sold Last Quarter
Proj. Earnings Growth
82.61%
From $0.46 to $0.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.05 out of 5 stars

Transportation Sector

35th out of 122 stocks

Trucking, Except Local Industry

4th out of 13 stocks

MRTN stock logo

About Marten Transport Stock (NASDAQ:MRTN)

Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United State, Mexico, and Canada. The company operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment, as well as dry freight; and regional short-haul and medium-to-long-haul full-load transportation services. The Dedicated segment offers customized transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermodal segment transports customers' freight utilizing its refrigerated containers and temperature-controlled trailers on railroad flatcars for portions of trips, as well as using tractors and contracted carriers. The Brokerage segment develops contractual relationships with and arranges for third-party carriers to transport freight for customers in temperature-controlled trailers and dry vans. As of December 31, 2023, the company operated a fleet of 3,349 tractors, that included 3,255 company-owned tractors and 94 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.

MRTN Stock Price History

MRTN Stock News Headlines

Marten Transport Cuts C-Suite Salaries
I want to be very real with you
Listen, I don’t come at my readers this direct very often, but here goes nothing: There is one strategy that has helped change my life and I’d like to think it has changed the lives of some of my readers, too. We’ve had success stories but I won’t even show you here because I don’t want you to get unrealistic expectations since individual results do vary. But the point is, this thing is the real deal. There’s a reason I consider it my flagship, even with all the market advantages I’ve discovered in recent years.
MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND
MRTN Crosses Below Key Moving Average Level
I want to be very real with you
Listen, I don’t come at my readers this direct very often, but here goes nothing: There is one strategy that has helped change my life and I’d like to think it has changed the lives of some of my readers, too. We’ve had success stories but I won’t even show you here because I don’t want you to get unrealistic expectations since individual results do vary. But the point is, this thing is the real deal. There’s a reason I consider it my flagship, even with all the market advantages I’ve discovered in recent years.
Marten Transport Announces Second Quarter Results
MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND
See More Headlines
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Company Calendar

Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Last Earnings
7/18/2024
Today
9/16/2024
Ex-Dividend for 9/30 Dividend
9/16/2024
Dividend Payable
9/30/2024
Next Earnings (Confirmed)
10/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Trucking, except local
Sub-Industry
Trucking
Current Symbol
NASDAQ:MRTN
CUSIP
57307510
Employees
4,213
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.00
High Stock Price Target
$21.00
Low Stock Price Target
$19.00
Potential Upside/Downside
+15.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$70.37 million
Pretax Margin
5.63%

Debt

Sales & Book Value

Annual Sales
$1.13 billion
Cash Flow
$2.34 per share
Book Value
$9.31 per share

Miscellaneous

Free Float
62,731,000
Market Cap
$1.41 billion
Optionable
Optionable
Beta
0.77
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Key Executives

  • Mr. Randolph L. Marten (Age 71)
    Executive Chairman of the Board
    Comp: $820.48k
  • Mr. Timothy M. Kohl (Age 76)
    Chief Executive Officer
    Comp: $753.49k
  • Mr. Douglas Paul Petit (Age 57)
    President
    Comp: $405.76k
  • Mr. James J. Hinnendael (Age 61)
    Executive VP & CFO
    Comp: $416.76k
  • Mr. Adam D. Phillips
    Executive VP & COO
  • Mr. Randall J. Baier
    Executive VP & CTO
  • Mr. Patrick J. Pazderka J.D.
    Secretary

MRTN Stock Analysis - Frequently Asked Questions

How have MRTN shares performed this year?

Marten Transport's stock was trading at $20.98 at the start of the year. Since then, MRTN stock has decreased by 18.3% and is now trading at $17.14.
View the best growth stocks for 2024 here
.

How were Marten Transport's earnings last quarter?

Marten Transport, Ltd. (NASDAQ:MRTN) released its quarterly earnings data on Thursday, July, 18th. The transportation company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.01. The firm's quarterly revenue was down 13.8% on a year-over-year basis.

When did Marten Transport's stock split?

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 created shares were issued 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.

Who are Marten Transport's major shareholders?

Top institutional shareholders of Marten Transport include Dimensional Fund Advisors LP (7.17%), Victory Capital Management Inc. (5.01%), Nuance Investments LLC (2.86%) and William Blair Investment Management LLC (1.85%). Insiders that own company stock include Larry B Hagness, Thomas J Winkel, Douglas Paul Petit, Adam Daniel Phillips, James J Hinnendael, John H Turner, Robert L Demorest and Jerry M Bauer.
View institutional ownership trends
.

How do I buy shares of Marten Transport?

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.
Compare Top Brokerages Here.

What other stocks do shareholders of Marten Transport own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Marten Transport investors own include Pfizer (PFE), AbbVie (ABBV), Chipotle Mexican Grill (CMG), Procter & Gamble (PG), Pentair (PNR), AT&T (T) and Abbott Laboratories (ABT).

This page (NASDAQ:MRTN) was last updated on 9/16/2024 by MarketBeat.com Staff

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