S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024

Marten Transport (MRTN) Stock Price, News & Analysis

$18.44
+0.01 (+0.05%)
(As of 03/27/2024 ET)
Today's Range
$18.40
$18.58
50-Day Range
$18.09
$20.66
52-Week Range
$17.34
$23.38
Volume
386,726 shs
Average Volume
734,779 shs
Market Capitalization
$1.50 billion
P/E Ratio
21.20
Dividend Yield
1.30%
Price Target
$26.00

Marten Transport MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
41.0% Upside
$26.00 Price Target
Short Interest
Healthy
2.16% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.78mentions of Marten Transport in the last 14 days
Based on 3 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.

3.67 out of 5 stars

Transportation Sector

49th out of 116 stocks

Trucking, Except Local Industry

9th 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

MRTN Apr 2024 20.000 call
$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND
MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND
Buy Friday, Sell Monday, No Exceptions
Every week traders grind it out Monday through Friday… But neglect trading Friday to Monday… Or… “over the weekend” As one professional trader explains, trading over the weekend is one of the most forgiving strategies you can use today. It allows him to sidestep a lot of the midweek volatility. Yet, gives him the opportunity to target some of the markets biggest stock moves. Just recently, he posted a trade on Nordstrom… The trade was published at 3pm on a Friday afternoon and by Monday morning the trade more than doubled.
When Should You Buy Marten Transport, Ltd. (NASDAQ:MRTN)?
Marten Transport Ltd MRTN
Marten’s earnings reflect weaker truckload market
Marten Transport earnings preview: what Wall Street is expecting
See More Headlines
Receive MRTN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Marten Transport and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Last Earnings
1/25/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Today
3/27/2024
Dividend Payable
3/29/2024
Next Earnings (Confirmed)
4/17/2024
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
$26.00
High Stock Price Target
$27.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+41.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$70.37 million
Pretax Margin
8.30%

Debt

Sales & Book Value

Annual Sales
$1.13 billion
Cash Flow
$2.30 per share
Book Value
$9.31 per share

Miscellaneous

Free Float
62,705,000
Market Cap
$1.50 billion
Optionable
Optionable
Beta
0.79
(Almost) Everything You Need To Know About The EV Market Cover

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report

Key Executives

  • Mr. Randolph L. Marten (Age 71)
    Executive Chairman of the Board
    Comp: $1.43M
  • Mr. Timothy M. Kohl (Age 76)
    Chief Executive Officer
    Comp: $1.31M
  • Mr. Douglas Paul Petit (Age 57)
    President
    Comp: $703.34k
  • Mr. James J. Hinnendael (Age 61)
    Executive VP & CFO
    Comp: $723.08k
  • 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

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 twelve months. 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 Wall Street research analysts have issued 1 year price objectives for Marten Transport's shares. Their MRTN share price targets range from $25.00 to $27.00. On average, they predict the company's stock price to reach $26.00 in the next twelve months. This suggests a possible upside of 41.0% 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 at the beginning of 2024. Since then, MRTN shares have decreased by 12.1% and is now trading at $18.44.
View the best growth stocks for 2024 here
.

When is Marten Transport's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 17th 2024.
View our MRTN earnings forecast
.

How were Marten Transport's earnings last quarter?

Marten Transport, Ltd. (NASDAQ:MRTN) released its earnings results on Thursday, January, 25th. The transportation company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.18 by $0.03. The transportation company had revenue of $268.20 million for the quarter, compared to the consensus estimate of $271.62 million. Marten Transport had a trailing twelve-month return on equity of 9.48% and a net margin of 6.22%. Marten Transport's revenue was down 16.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.31 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. Shareholders 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 1.30%. The ex-dividend date 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 1.30%. The dividend payout ratio is 27.59%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MRTN.

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 issued shares were payable 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.

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 Dimensional Fund Advisors LP (7.18%), Vanguard Group Inc. (5.34%), Vanguard Group Inc. (5.34%), Victory Capital Management Inc. (5.16%), Geneva Capital Management LLC (4.08%) and First Trust Advisors LP (1.73%). 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 3/28/2024 by MarketBeat.com Staff

From Our Partners