Should I buy or sell Marten Transport stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Marten Transport in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MRTN shares. View MRTN analyst ratings or view top-rated stocks .

What is Marten Transport's stock price target for 2024?

2 brokers have issued 12 month price objectives for Marten Transport's shares. Their MRTN share price targets range from $25.00 to $27.00. On average, they anticipate the company's stock price to reach $26.00 in the next year. This suggests a possible upside of 62.8% from the stock's current price. View analysts price targets for MRTN or view top-rated stocks among Wall Street analysts .

How have MRTN shares performed in 2024?

Marten Transport's stock was trading at $20.98 on January 1st, 2024. Since then, MRTN stock has decreased by 23.9% and is now trading at $15.97. View the best growth stocks for 2024 here .

Are investors shorting Marten Transport?

Marten Transport saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 627,700 shares, a decrease of 49.4% from the March 15th total of 1,240,000 shares. Based on an average daily trading volume, of 452,800 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.1% of the shares of the company are sold short. View Marten Transport's Short Interest .

How were Marten Transport's earnings last quarter?

Marten Transport, Ltd. (NASDAQ:MRTN) issued its quarterly earnings data on Wednesday, April, 17th. The transportation company reported $0.12 earnings per share for the quarter, meeting the consensus estimate of $0.12. The transportation company earned $249.67 million during the quarter, compared to analysts' expectations of $262.77 million. Marten Transport had a trailing twelve-month return on equity of 9.48% and a net margin of 6.22%. The firm's revenue was down 16.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.28 EPS.

How often does Marten Transport pay dividends? What is the dividend yield for Marten Transport?

Marten Transport announced a quarterly dividend on Tuesday, February 20th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.06 per share on Friday, March 29th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Thursday, March 14th. Read our dividend analysis for MRTN .

Is Marten Transport a good dividend stock?

Marten Transport (NASDAQ:MRTN) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.48%. The dividend payout ratio is 27.59%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MRTN .

What ETFs hold Marten Transport's stock?

ETFs with the largest weight of Marten Transport (NASDAQ:MRTN) stock in their portfolio include JPMorgan Active Small Cap Value ETF (JPSV) , SPDR S&P Transportation ETF (XTN) and iShares U.S. Transportation ETF (IYT) . Direxion Daily Transportation Bull 3X Shares (TPOR) .

When did Marten Transport's stock split?

Marten Transport shares split on Friday, August 14th 2020. The 3-2 split was announced on Thursday, July 16th 2020. The newly issued shares were payable to shareholders after the market closes on Thursday, August 13th 2020. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

What is Randy Marten's approval rating as Marten Transport's CEO?

91 employees have rated Marten Transport Chief Executive Officer Randy Marten on Glassdoor.com . Randy Marten has an approval rating of 72% among the company's employees.

What other stocks do shareholders of Marten Transport own?

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

Who are Marten Transport's major shareholders?

Marten Transport's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.48%) and Confluence Investment Management LLC (0.20%). Insiders that own company stock include James J Hinnendael, Jerry M Bauer , John H Turner, Larry B Hagness, Robert L Demorest and Thomas J Winkel. 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 .

NASDAQ:MRTN

Marten Transport (MRTN) Stock Price, News & Analysis

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$15.97

-0.20 (-1.24%)

(As of 04/18/2024 ET)

Compare

Today's Range: $15.87
▼
$16.38
50-Day Range: $15.97
▼
$20.15
52-Week Range: $15.87
▼
$23.38

Volume: 788,642 shs
Average Volume: 482,235 shs
Market Capitalization: $1.30 billion

P/E Ratio: 18.36
Dividend Yield: 1.50%
Price Target: $26.00

Get Marten Transport alerts:

Marten Transport MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 62.8% Upside
$26.00 Price Target
Short Interest: Healthy
1.09% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.03
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

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.

3.54 out of 5 stars

Transportation Sector

47th out of 109 stocks

Trucking, Except Local Industry

9th out of 12 stocks

3.5

Analyst's Opinion

Consensus Rating
Marten Transport has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Marten Transport has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.09% of the float of Marten Transport has been sold short.
Short Interest Ratio / Days to Cover
Marten Transport has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Marten Transport has recently decreased by 49.38%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Marten Transport pays a meaningful dividend of 1.48%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Marten Transport does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Marten Transport is 27.59%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MRTN.

1.7

News and Social Media Coverage

News Sentiment
Marten Transport has a news sentiment score of -0.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Marten Transport this week, compared to 2 articles on an average week.
Search Interest
1 people have searched for MRTN on MarketBeat in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Marten Transport insiders have not sold or bought any company stock.
Percentage Held by Insiders
22.90% of the stock of Marten Transport is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
69.12% of the stock of Marten Transport is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Marten Transport is 18.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of Marten Transport is 18.36, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 15.06.
Price to Book Value per Share Ratio
Marten Transport has a P/B Ratio of 1.72. 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

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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

30 days | 90 days | 365 days | Advanced Chart

MRTN Stock News Headlines

April 18, 2024 | investorplace.com

MRTN Stock Earnings: Marten Transport Meets EPS, Misses Revenue for Q1 2024

April 18, 2024 | finance.yahoo.com

Bad news at Marten: Profits miss expectations, truckload OR plummets

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April 18, 2024 | globenewswire.com

Marten Transport Announces First Quarter Results

April 18, 2024 | americanbankingnews.com

Marten Transport (NASDAQ:MRTN) Sets New 12-Month Low at $16.73

April 12, 2024 | nasdaq.com

Marten Transport Becomes Oversold (MRTN)

April 12, 2024 | americanbankingnews.com

Marten Transport (NASDAQ:MRTN) Reaches New 12-Month Low at $17.28

April 11, 2024 | americanbankingnews.com

Marten Transport, Ltd. (NASDAQ:MRTN) Short Interest Down 49.4% in March

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April 10, 2024 | americanbankingnews.com

Marten Transport (MRTN) Set to Announce Earnings on Wednesday

March 16, 2024 | finance.yahoo.com

Marten Transport (NASDAQ:MRTN) shareholders have earned a 14% CAGR over the last five years

March 16, 2024 | finance.yahoo.com

MRTN Apr 2024 20.000 call

February 24, 2024 | finance.yahoo.com

Marten Transport (NASDAQ:MRTN) Is Due To Pay A Dividend Of $0.06

February 21, 2024 | benzinga.com

Marten Transport Stock (NASDAQ:MRTN) Earnings Dates and Earning Calls

February 20, 2024 | finance.yahoo.com

MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND

February 20, 2024 | globenewswire.com

MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND

January 31, 2024 | seekingalpha.com

Marten Transport Q4: Beneficial Management Words, Operating Ratio Increases, And Undervalued

January 25, 2024 | finance.yahoo.com

Marten’s net income drops by more than half from a year earlier

January 25, 2024 | finance.yahoo.com

Marten Transport Announces Fourth Quarter and Year End Results

January 25, 2024 | finance.yahoo.com

Marten Transport Ltd (MRTN) Faces Headwinds as Q4 Earnings Dip

January 25, 2024 | finance.yahoo.com

When Should You Buy Marten Transport, Ltd. (NASDAQ:MRTN)?

January 10, 2024 | msn.com

Vertical Research Upgrades Marten Transport (MRTN)

December 30, 2023 | finance.yahoo.com

The Returns At Marten Transport (NASDAQ:MRTN) Aren't Growing

December 13, 2023 | msn.com

Marten Transport appoints Adam Phillips as its executive vice president

December 13, 2023 | finance.yahoo.com

MARTEN TRANSPORT APPOINTS ADAM PHILLIPS AS EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER

December 5, 2023 | finance.yahoo.com

Marten Transport (NASDAQ:MRTN) Will Pay A Dividend Of $0.06

November 30, 2023 | msn.com

Marten Transport, Ltd. declares $0.06 dividend

See More Headlines

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Company Calendar

Ex-Dividend for 3/29 Dividend: 3/14/2024
Dividend Payable: 3/29/2024
Last Earnings: 4/17/2024
Today: 4/19/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Transportation
Industry: Trucking, except local
Sub-Industry: Trucking
Current Symbol: NASDAQ:MRTN
CUSIP: 57307510
CIK: 799167
Web: www.marten.com
Phone: (715) 926-4216
Fax: 715-926-4530
Employees: 4,213
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $26.00
High Stock Price Target: $27.00
Low Stock Price Target: $25.00
Potential Upside/Downside: +62.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.87
Trailing P/E Ratio: 18.36
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $70.37 million
Net Margins: 6.22%
Pretax Margin: 8.30%
Return on Equity: 9.48%
Return on Assets: 7.09%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.78
Quick Ratio: 1.78

Sales & Book Value

Annual Sales: $1.13 billion
Price / Sales: 1.15
Cash Flow: $2.27 per share
Price / Cash Flow: 7.03
Book Value: $9.31 per share
Price / Book: 1.72

Miscellaneous

Outstanding Shares: 81,330,000
Free Float: 62,705,000
Market Cap: $1.30 billion
Optionable: Optionable
Beta: 0.79

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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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

MRTN Stock Analysis - Frequently Asked Questions

Should I buy or sell Marten Transport stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Marten Transport in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MRTN shares.
View MRTN analyst ratings or view top-rated stocks.
What is Marten Transport's stock price target for 2024?: 2 brokers have issued 12 month price objectives for Marten Transport's shares. Their MRTN share price targets range from $25.00 to $27.00. On average, they anticipate the company's stock price to reach $26.00 in the next year. This suggests a possible upside of 62.8% from the stock's current price.
View analysts price targets for MRTN or view top-rated stocks among Wall Street analysts.
How have MRTN shares performed in 2024?: Marten Transport's stock was trading at $20.98 on January 1st, 2024. Since then, MRTN stock has decreased by 23.9% and is now trading at $15.97.
View the best growth stocks for 2024 here.
Are investors shorting Marten Transport?: Marten Transport saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 627,700 shares, a decrease of 49.4% from the March 15th total of 1,240,000 shares. Based on an average daily trading volume, of 452,800 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.1% of the shares of the company are sold short.
View Marten Transport's Short Interest.
How were Marten Transport's earnings last quarter?: Marten Transport, Ltd. (NASDAQ:MRTN) issued its quarterly earnings data on Wednesday, April, 17th. The transportation company reported $0.12 earnings per share for the quarter, meeting the consensus estimate of $0.12. The transportation company earned $249.67 million during the quarter, compared to analysts' expectations of $262.77 million. Marten Transport had a trailing twelve-month return on equity of 9.48% and a net margin of 6.22%. The firm's revenue was down 16.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.28 EPS.
How often does Marten Transport pay dividends? What is the dividend yield for Marten Transport?: Marten Transport announced a quarterly dividend on Tuesday, February 20th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.06 per share on Friday, March 29th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for MRTN.
Is Marten Transport a good dividend stock?: Marten Transport (NASDAQ:MRTN) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.48%. The dividend payout ratio is 27.59%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MRTN.

What ETFs hold Marten Transport's stock?: ETFs with the largest weight of Marten Transport (NASDAQ:MRTN) stock in their portfolio include JPMorgan Active Small Cap Value ETF (JPSV), SPDR S&P Transportation ETF (XTN) and iShares U.S. Transportation ETF (IYT).Direxion Daily Transportation Bull 3X Shares (TPOR).
When did Marten Transport's stock split?: Marten Transport shares split on Friday, August 14th 2020. The 3-2 split was announced on Thursday, July 16th 2020. The newly issued shares were payable to shareholders after the market closes on Thursday, August 13th 2020. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.
What is Randy Marten's approval rating as Marten Transport's CEO?: 91 employees have rated Marten Transport Chief Executive Officer Randy Marten on Glassdoor.com. Randy Marten has an approval rating of 72% among the company's employees.
What other stocks do shareholders of Marten Transport own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Marten Transport investors own include Pfizer (PFE), AbbVie (ABBV), Chipotle Mexican Grill (CMG), Procter & Gamble (PG), Pentair (PNR), AT&T (T), Abbott Laboratories (ABT), Accenture (ACN), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).
Who are Marten Transport's major shareholders?: Marten Transport's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.48%) and Confluence Investment Management LLC (0.20%). Insiders that own company stock include James J Hinnendael, Jerry M Bauer, John H Turner, Larry B Hagness, Robert L Demorest and Thomas J Winkel.
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.

This page (NASDAQ:MRTN) was last updated on 4/19/2024 by MarketBeat.com Staff

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Marten Transport (MRTN) Stock Price, News & Analysis

Marten Transport MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Marten Transport Stock (NASDAQ:MRTN)

MRTN Stock Price History

MRTN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

MRTN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™