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TSE:MTL

Mullen Group (MTL) Stock Price, News & Analysis

C$14.53
-0.02 (-0.14%)
(As of 03:50 PM ET)
Today's Range
C$14.50
C$14.63
50-Day Range
C$14.18
C$15.64
52-Week Range
C$12.82
C$16.43
Volume
59,092 shs
Average Volume
143,429 shs
Market Capitalization
C$1.28 billion
P/E Ratio
10.02
Dividend Yield
4.96%
Price Target
C$18.61

Mullen Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
28.4% Upside
C$18.61 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.53mentions of Mullen Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
C$16,214 Bought Last Quarter
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.

4.23 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 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.

MTL Stock Price History

MTL Stock News Headlines

Mullen Group Ltd. (MTL.TO)
AI to Meet the Same Fate as EVs?
When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11…
Mullen Group Ltd.
Stocks in play: Mullen Group Ltd.
AI to Meet the Same Fate as EVs?
When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11…
Mullen Group Ltd MTL
MULN Stock: Mullen Postpones Special Meeting to Dec. 18
BMO Capital Maintains Their Hold Rating on Mullen Group Ltd. (MTL)
RBC Capital Keeps a Hold Rating on Mullen Group Ltd. (MTL)
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Ex-Dividend for 3/15 Dividend
2/28/2024
Dividend Payable
3/15/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Today
3/28/2024
Dividend Payable
4/15/2024
Next Earnings (Estimated)
4/25/2024

Industry, Sector and Symbol

Industry
Trucking
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
7,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$18.61
High Stock Price Target
C$22.00
Low Stock Price Target
C$16.00
Potential Upside/Downside
+27.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
C$136.72 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.99 billion
Cash Flow
C$0.09 per share
Book Value
C$11.07 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.28 billion
Optionable
Not Optionable
Beta
1.77
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Key Executives

  • Mr. Murray Kenneth Mullen (Age 68)
    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?

9 Wall Street 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 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 analysts have issued 12-month price targets for Mullen Group's stock. Their MTL share price targets range from C$16.00 to C$22.00. On average, they expect the company's share price to reach C$18.61 in the next twelve months. This suggests a possible upside of 28.4% 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 2024. Since then, MTL shares have increased by 3.3% and is now trading at C$14.50.
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) posted its earnings results on Thursday, February, 15th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.02. The company earned $498.60 million during the quarter, compared to the consensus estimate of $500 million. Mullen Group had a trailing twelve-month return on equity of 14.03% and a net margin of 6.85%.

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

Mullen Group declared 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 dividend on an annualized basis and a yield of 4.97%. The ex-dividend date 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?
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

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