Mullen Group Ltd. (TSX:MTL)

Canada flag Canada · Delayed Price · Currency is CAD
27.15
+0.40 (1.50%)
Aug 6, 2026, 4:00 PM EST
Market Cap2.61B +129.1%
Revenue (ttm)2.25B +8.9%
Net Income104.81M +4.3%
EPS1.12 +1.0%
Shares Out 96.24M
PE Ratio24.25
Forward PE18.90
Dividend0.84 (3.09%)
Ex-Dividend DateJul 31, 2026
Volume214,970
Open26.91
Previous Close26.75
Day's Range26.67 - 27.19
52-Week Range13.20 - 28.78
Beta0.95
AnalystsBuy
Price Target29.50 (+8.66%)
Earnings DateJul 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]

Industry Trucking
Founded 1949
Employees 8,622
Stock Exchange Toronto Stock Exchange
Ticker Symbol MTL
Full Company Profile

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 Statements

Analyst 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.

Price Target
$29.50
(8.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Mullen Group Ltd's Dividend Analysis

Mullen Group Ltd's Dividend Analysis

6 days ago - GuruFocus

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.

13 days ago - TheFly

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.

13 days ago - TheFly

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.

13 days ago - TheFly

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.

13 days ago - TheFly

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...

14 days ago - MarketBeat

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.

14 days ago - BNN Bloomberg

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.

14 days ago - Transcripts

Mullen Group Earnings release: Q2 2026

Mullen Group released its Q2 2026 earnings on July 23, 2026, summarizing the period's financial results.

14 days ago - Filings

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.

14 days ago - Filings

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.

14 days ago - Filings

Mullen Group Quarterly report: Q2 2026

Mullen Group has published its Q2 2026 quarterly earnings report on July 23, 2026.

14 days ago - Filings

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

14 days ago - Nasdaq

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...

14 days ago - GlobeNewsWire

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...

16 days ago - GlobeNewsWire

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.

21 days ago - TheFly

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...

5 weeks ago - GlobeNewsWire

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…

5 weeks ago - TheFly

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.

2 months ago - Filings

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.

3 months ago - TheFly

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.

3 months ago - TheFly

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.

3 months ago - TheFly

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.

3 months ago - TheFly

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.

3 months ago - Transcripts

Mullen Group Earnings release: Q1 2026

Mullen Group released its Q1 2026 earnings on April 23, 2026, summarizing the period's financial results.

3 months ago - Filings