Mullen Group Ltd. (TSX:MTL)
| Market Cap | 2.61B +129.1% |
| Revenue (ttm) | 2.25B +8.9% |
| Net Income | 104.81M +4.3% |
| EPS | 1.12 +1.0% |
| Shares Out | 96.24M |
| PE Ratio | 24.25 |
| Forward PE | 18.90 |
| Dividend | 0.84 (3.09%) |
| Ex-Dividend Date | Jul 31, 2026 |
| Volume | 214,970 |
| Open | 26.91 |
| Previous Close | 26.75 |
| Day's Range | 26.67 - 27.19 |
| 52-Week Range | 13.20 - 28.78 |
| Beta | 0.95 |
| Analysts | Buy |
| Price Target | 29.50 (+8.66%) |
| Earnings Date | Jul 23, 2026 |
About Mullen Group
Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. It operates through four segments: Less-Than-Truckload, Logistics & Warehousing, Specialized & Industrial Services, and U.S. & International Logistics. The Less-Than-Truckload segment delivers general freight, such as 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... [Read more]
Financial Performance
In 2025, Mullen Group's revenue was 2.13 billion, an increase of 7.26% compared to the previous year's 1.99 billion. Earnings were 91.11 million, a decrease of -18.84%.
Financial StatementsAnalyst Summary
According to 10 analysts, the average rating for MTL stock is "Buy." The 12-month stock price target is $29.50, which is an increase of 8.66% from the latest price.
News
Mullen Group price target raised to C$30 from C$23 at RBC Capital
RBC Capital raised the firm’s price target on Mullen Group (MLLGF) to C$30 from C$23 and keeps an Outperform rating on the shares.
Mullen Group price target raised to C$28 from C$22 at CIBC
CIBC raised the firm’s price target on Mullen Group (MLLGF) to C$28 from C$22 and keeps a Neutral rating on the shares.
Mullen Group price target raised to C$32 from C$25 at BMO Capital
BMO Capital analyst John Gibson raised the firm’s price target on Mullen Group (MLLGF) to C$32 from C$25 and keeps an Outperform rating on the shares.
Mullen Group price target raised to C$29 from C$24 at Scotiabank
Scotiabank raised the firm’s price target on Mullen Group (MLLGF) to C$29 from C$24 and keeps a Sector Perform rating on the shares.
Mullen Group Q2 Earnings Call Highlights
Mullen Group TSE: MTL executives said the company's second quarter reflected balanced freight markets, strong margin execution in less-than-truckload operations and growing preparation for potential l...
Investor Outlook: Mullen Group revenue rises as freight recovers
Mullen Group’s results point to a Canadian freight recovery and growing demand across transportation and specialized services.
Mullen Group Earnings Call Transcript: Q2 2026
Margin improvement and operational discipline drove a standout quarter, with LTL margins exceeding 20% and strong positioning for major capital projects. CapEx was increased to prepare for nation-building opportunities, while guidance remains cautious pending project awards.
Mullen Group Earnings release: Q2 2026
Mullen Group released its Q2 2026 earnings on July 23, 2026, summarizing the period's financial results.
Mullen Group Registration statement: Q2 2026
Mullen Group filed a registration statement on July 23, 2026, providing details about a securities offering with the SEC.
Mullen Group Registration statement: Q2 2026
Mullen Group filed a registration statement on July 23, 2026, providing details about a securities offering with the SEC.
Mullen Group Quarterly report: Q2 2026
Mullen Group has published its Q2 2026 quarterly earnings report on July 23, 2026.
Mullen Group Ltd. Q2 Income Climbs
(RTTNews) - Mullen Group Ltd. (MTL.TO) announced a profit for its second quarter that Increases, from the same period last year
Mullen Group Ltd. Reports Record Quarterly Financial Results and Increased 2026 Capital Budget
OKOTOKS, Alberta, July 23, 2026 (GLOBE NEWSWIRE) -- (TSX: MTL) Mullen Group Ltd. ("Mullen Group", "We", "Our" and/or the "Corporation"), one of Canada's largest logistics providers today reported its...
Mullen Group Ltd. Announces Declaration of Monthly Dividend
OKOTOKS, Alberta, July 21, 2026 (GLOBE NEWSWIRE) -- (TSX: MTL) The Board of Directors of Mullen Group Ltd. ("Mullen Group", "We", "Our" and/or the "Corporation") announced today that it has declared a...
Mullen Group price target raised to C$24 from C$21 at Scotiabank
Scotiabank raised the firm’s price target on Mullen Group (MLLGF) to C$24 from C$21 and keeps a Sector Perform rating on the shares.
Mullen Group Ltd. 2026 Second Quarter Earnings Conference Call and Webcast
OKOTOKS, Alberta, July 02, 2026 (GLOBE NEWSWIRE) -- (TSX: MTL) Mullen Group Ltd. ("Mullen Group" and/or the "Corporation") intends to release its 2026 Second Quarter earnings results on Thursday, July...
Mullen Group price target raised to C$22 from C$20 at CIBC
CIBC raised the firm’s price target on Mullen Group (MLLGF) to C$22 from C$20 and keeps a Neutral rating on the shares. For Q2, the firm’s earnings estimates are above…
Mullen Group Slides: Investor presentation
Mullen Group has posted slides in relation to its latest quarterly earnings report, which was published on June 4, 2026.
Mullen Group price target raised to C$20 from C$18 at CIBC
CIBC raised the firm’s price target on Mullen Group (MLLGF) to C$20 from C$18 and keeps a Neutral rating on the shares.
Mullen Group price target raised to C$24 from C$21 at TD Securities
TD Securities raised the firm’s price target on Mullen Group (MLLGF) to C$24 from C$21 and keeps a Buy rating on the shares.
Mullen Group price target raised to C$23 from C$20 at BMO Capital
BMO Capital analyst John Gibson raised the firm’s price target on Mullen Group (MLLGF) to C$23 from C$20 and keeps an Outperform rating on the shares.
Mullen Group price target raised to C$21 from C$19 at RBC Capital
RBC Capital raised the firm’s price target on Mullen Group (MLLGF) to C$21 from C$19 and keeps an Outperform rating on the shares.
Mullen Group Earnings Call Transcript: Q1 2026
Record Q1 revenues and profitability were achieved despite flat economic growth, with strong L&W segment performance and increased fuel surcharge revenue. Guidance is unchanged, but management remains cautious due to fuel price volatility and global uncertainties.
Mullen Group Earnings release: Q1 2026
Mullen Group released its Q1 2026 earnings on April 23, 2026, summarizing the period's financial results.