TSE:MTL Mullen Group (MTL) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free MTL Stock Alerts C$14.52 -0.03 (-0.21%) (As of 03/28/2024 ET) Add Compare Share Share Today's RangeC$14.50▼C$14.6350-Day RangeC$14.34▼C$15.6452-Week RangeC$12.82▼C$16.43Volume182,308 shsAverage Volume145,575 shsMarket CapitalizationC$1.28 billionP/E Ratio10.01Dividend Yield4.96%Price TargetC$18.61 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Mullen Group alerts: Email Address Mullen Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.78 Rating ScoreUpside/Downside28.2% UpsideC$18.61 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.53Based on 2 Articles This WeekInsider TradingAcquiring SharesC$16,214 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.4.23 out of 5 stars 4.4 Analyst's Opinion Consensus RatingMullen Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$18.61, Mullen Group has a forecasted upside of 28.2% from its current price of C$14.52.Amount of Analyst CoverageMullen Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MTL. Previous Next 2.5 Dividend Strength Dividend LeadershipMullen Group is a leading dividend payer. It pays a dividend yield of 5.02%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMullen Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Mullen Group is 49.66%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MTL. Previous Next 3.1 News and Social Media Coverage News SentimentMullen Group has a news sentiment score of 0.53. 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 higher news sentiment than the 0.33 average news sentiment score of Industrials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Mullen Group this week, compared to 1 article on an average week.MarketBeat Follows2 people have added Mullen Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mullen Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$16,214.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 6.14% of the stock of Mullen Group is held by insiders.Percentage Held by InstitutionsOnly 30.64% of the stock of Mullen Group is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Mullen Group is 10.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.63.Price to Earnings Ratio vs. SectorThe P/E ratio of Mullen Group is 10.01, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 405.66.Price to Earnings Growth RatioMullen Group has a PEG Ratio of 1.81. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMullen Group has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the Markets[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.Get the name of the stock here - before it takes off >>> 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 e-commerce transactions and transload facilities for intermodal and bulk shipments; technology solutions, including transportation, inventory, and warehouse management systems; and warehousing and distribution services. The Specialized & Industrial Services segment provides specialized equipment and services to the oil and natural gas, environmental, construction, pipeline, utility, telecom, and civil industries; and specialized services comprising water management, environmental services, pipeline and civil construction, Industrial cleaning and turnaround services, fluid management, and municipal development and emergency support services, as well as drilling and drilling related 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. Mullen Group Ltd. was founded in 1949 and is headquartered in Okotoks, Canada.Read More MTL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MTL Stock News HeadlinesMarch 21, 2024 | ca.finance.yahoo.comMullen Group Ltd. (MTL.TO)March 18, 2024 | americanbankingnews.comMullen Group Ltd. (TSE:MTL) Receives Average Recommendation of "Moderate Buy" from BrokeragesMarch 28, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:March 1, 2024 | wsj.comMullen Group Ltd.February 24, 2024 | msn.comReal Estate Update with The Mullin Blankfeld GroupFebruary 15, 2024 | ca.finance.yahoo.comStocks in play: Mullen Group Ltd.February 12, 2024 | finance.yahoo.comAt CA$15.28, Is Mullen Group Ltd. (TSE:MTL) Worth Looking At Closely?January 19, 2024 | msn.comWhat's Going On With EV Manufacturer Mullen Automotive Shares Today?March 28, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:January 17, 2024 | msn.comMullen Group signs deal to buy logistics company ContainerWorldJanuary 17, 2024 | theglobeandmail.comMullen Group signs letter of intent to buy logistics company ContainerWorldJanuary 12, 2024 | morningstar.comMullen Group Ltd MTLJanuary 8, 2024 | msn.comMullen Group secures $125M credit facilityJanuary 2, 2024 | markets.businessinsider.comMULN Stock Alert: Mullen Automotive Announces New Deliveries to Randy MarionDecember 27, 2023 | msn.comMullen Automotive completes battery cell integration for cargo vansDecember 27, 2023 | markets.businessinsider.comDestination Unknown: Plan for Accelerating Losses with Mullen Automotive Stock (NASDAQ:MULN)December 21, 2023 | marketwatch.comMullen Automotive Up 79% After Reverse Split, Vehicle UpdateDecember 20, 2023 | msn.comMullen Automotive (NASDAQ:MULN) Plunges as Latest Reverse Stock Split Goes ThroughDecember 15, 2023 | markets.businessinsider.comMULN Stock: Mullen Postpones Special Meeting to Dec. 18December 14, 2023 | theglobeandmail.comMurray Mullen buys as Mullen Group stock backtracks from highsNovember 16, 2023 | theglobeandmail.comClosing Bell: Mullen Group Ltd 5.75 Pct Debs up on Wednesday (MTL-DB)November 3, 2023 | theglobeandmail.comMullen Group: Top 10 Undervalued Transportation Industry Stocks (MTL)October 20, 2023 | markets.businessinsider.comBMO Capital Maintains Their Hold Rating on Mullen Group Ltd. (MTL)October 19, 2023 | theglobeandmail.comTrucking firm Mullen Group reports $39.1-million quarterly profit as revenue edges lowerOctober 9, 2023 | theglobeandmail.comClosing Bell: Mullen Group Ltd 5.75 Pct Debs flat on Thursday (MTL-DB)September 28, 2023 | markets.businessinsider.comRBC Capital Keeps a Hold Rating on Mullen Group Ltd. (MTL)September 27, 2023 | finance.yahoo.comMullen Group Ltd. 2023 Third Quarter Earnings Conference Call and WebcastSee More Headlines Receive MTL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Mullen Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/15/2024Ex-Dividend for 3/15 Dividend2/28/2024Dividend Payable3/15/2024Ex-Dividend for 4/15 Dividend3/27/2024Today3/28/2024Dividend Payable4/15/2024Next Earnings (Estimated)4/25/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorIndustrials Industry Trucking Sub-IndustryN/A Current SymbolTSE:MTL CUSIPN/A CIKN/A Webwww.mullen-group.com Phone+1-403-9955200FaxN/AEmployees7,400Year FoundedN/APrice Target and Rating Average Stock Price TargetC$18.61 High Stock Price TargetC$22.00 Low Stock Price TargetC$16.00 Potential Upside/Downside+28.2%Consensus RatingModerate Buy Rating Score (0-4)2.78 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.45 Trailing P/E Ratio10.01 Forward P/E Ratio10.76 P/E Growth1.81Net IncomeC$136.72 million Net Margins6.85% Pretax MarginN/A Return on Equity14.03% Return on Assets6.93% Debt Debt-to-Equity Ratio78.38 Current Ratio0.76 Quick Ratio1.06 Sales & Book Value Annual SalesC$1.99 billion Price / Sales0.64 Cash FlowC$0.09 per share Price / Cash Flow168.51 Book ValueC$11.07 per share Price / Book1.31Miscellaneous Outstanding Shares88,020,000Free FloatN/AMarket CapC$1.28 billion OptionableNot Optionable Beta1.77 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Murray Kenneth Mullen (Age 68)Chairman, President & Senior Executive Officer Comp: $970kMr. Carson P. Urlacher C.A.CPA, Senior Accounting Officer & Interim CFOMr. Richard J. MaloneySenior Operating OfficerMs. Joanna Kathryn ScottSenior Corporate Officer & General CounselMr. Lee HellyerVice President of OperationsMr. P. Stephen Clark CMASenior Financial Officer (Leave of Absence)More ExecutivesKey CompetitorsSavariaTSE:SISAg Growth InternationalTSE:AFNBadger DaylightingTSE:BADPeopleCVE:PEOBallard Power SystemsTSE:BLDPView All CompetitorsInsidersJoanna Kathryn ScottBought 1,100 shares on 2/21/2024Total: C$16,214.00 ($14.74/share)View All Insider Transactions MTL Stock Analysis - Frequently Asked Questions Should I buy or sell Mullen Group stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mullen Group in the last twelve months. There are currently 2 hold ratings and 7 buy ratings 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? 9 brokers have issued 12-month price objectives for Mullen Group's shares. Their MTL share price targets range from C$16.00 to C$22.00. On average, they anticipate the company's share price to reach C$18.61 in the next year. This suggests a possible upside of 28.2% 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 2024? Mullen Group's stock was trading at C$14.04 at the beginning of the year. Since then, MTL shares have increased by 3.4% and is now trading at C$14.52. View the best growth stocks for 2024 here. When is Mullen Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our MTL earnings forecast. How were Mullen Group's earnings last quarter? Mullen Group Ltd. (TSE:MTL) issued its quarterly earnings results on Thursday, February, 15th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.32 by $0.02. The company earned $498.60 million during the quarter, compared to analyst estimates of $500 million. Mullen Group had a net margin of 6.85% and a trailing twelve-month return on equity of 14.03%. How often does Mullen Group pay dividends? What is the dividend yield for Mullen Group? Mullen Group announced a monthly dividend on Thursday, March 21st. Shareholders of record on Sunday, March 31st will be given a dividend of 0.06 per share on Monday, April 15th. This represents a $0.72 annualized dividend and a yield of 4.96%. The ex-dividend date of this dividend is Wednesday, March 27th. 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 5.02%. MTL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 49.66%. 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), Wheaton Precious Metals (WPM), 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 3/28/2024 by MarketBeat.com Staff From Our PartnersGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill Publishing“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyInvestors Alert: The Next Big Thing in Weight LossBehind the MarketsBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Mullen Group Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. 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