Mullen Group Ltd. (TSX:MTL)

Canada flag Canada · Delayed Price · Currency is CAD
22.66
+0.09 (0.40%)
Jun 5, 2026, 4:00 PM EST
Market Cap2.18B +77.8%
Revenue (ttm)2.18B +7.9%
Net Income94.43M -12.4%
EPS1.01 -15.4%
Shares Out 96.05M
PE Ratio22.48
Forward PE16.99
Dividend0.84 (3.71%)
Ex-Dividend DateMay 29, 2026
Volume73,029
Open22.47
Previous Close22.57
Day's Range22.40 - 22.67
52-Week Range12.98 - 22.66
Beta0.93
AnalystsBuy
Price Target21.50 (-5.12%)
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 $21.50, which is a decrease of -5.12% from the latest price.

Price Target
$21.50
(-5.12% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

6 weeks 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.

6 weeks 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.

6 weeks 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.

6 weeks 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.

6 weeks 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.

6 weeks ago - Filings

Mullen Group Quarterly report: Q1 2026

Mullen Group has published its Q1 2026 quarterly earnings report on April 23, 2026.

6 weeks ago - Filings

Mullen Group Ltd. Acquisitions Continue to Drive Growth in the First Quarter of 2026

OKOTOKS, Alberta, April 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...

6 weeks ago - GlobeNewsWire

Mullen Group Ltd. Announces Declaration of Monthly Dividend

OKOTOKS, Alberta, April 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 ...

6 weeks ago - GlobeNewsWire

Mullen Group Ltd. 2026 First Quarter Earnings Conference Call and Webcast

OKOTOKS, Alberta, April 01, 2026 (GLOBE NEWSWIRE) -- (TSX: MTL) Mullen Group Ltd. ("Mullen Group" and/or the "Corporation") intends to release its 2026 First Quarter earnings results on Thursday, Apri...

2 months ago - GlobeNewsWire

Mullen Group price target raised to C$17 from C$16.25 at Raymond James

Raymond James analyst Michael Barth raised the firm’s price target on Mullen Group (MLLGF) to C$17 from C$16.25 and keeps a Market Perform rating on the shares. Published first on…

2 months ago - TheFly

Mullen Group Ltd. Announces Renewal of Normal Course Issuer Bid

OKOTOKS, Alberta, March 09, 2026 (GLOBE NEWSWIRE) -- (TSX: MTL) Mullen Group Ltd. ("Mullen Group" and/or the "Corporation") announced today that it has received approval from the Toronto Stock Exchang...

3 months ago - GlobeNewsWire

Mullen Group Earnings Call Transcript: Q4 2025

Record revenues in 2025 were driven by acquisitions amid flat organic growth and pricing pressure. The 2026 outlook targets 10% top-line growth, mainly from further M&A and select segment recovery, with a strong balance sheet supporting expansion.

4 months ago - Transcripts

Mullen Group Annual report: Q4 2025

Mullen Group has published its Q4 2025 annual report on February 12, 2026.

4 months ago - Filings

Mullen Group Earnings release: Q4 2025

Mullen Group released its Q4 2025 earnings on February 12, 2026, summarizing the period's financial results.

4 months ago - Filings

Mullen Group Ltd. Announces 2025 Fourth Quarter Financial Results and Filing of Disclosure Documents

OKOTOKS, Alberta, Feb. 12, 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 ...

4 months ago - GlobeNewsWire

Mullen Group price target raised to C$18.50 from C$16 at Scotiabank

Scotiabank analyst Konark Gupta raised the firm’s price target on Mullen Group (MLLGF) to C$18.50 from C$16 and keeps a Sector Perform rating on the shares.

4 months ago - TheFly

Mullen Group provides 2026 business plan

Mullen Group (MLLGF) announced its plan for 2026 has been approved by the board of directors. 2026 Overview: Based upon the company’s review, Mullen believes that “2026 will be a…

4 months ago - TheFly

Mullen Group Ltd. Announces 2026 Business Plan and 2025 Update

OKOTOKS, Alberta, Jan. 19, 2026 (GLOBE NEWSWIRE) -- (TSX: MTL) Mullen Group Ltd. ("Mullen Group", "We", "Our" and/or the "Corporation") announced today its plan for 2026 has been approved by the Board...

4 months ago - GlobeNewsWire

Mullen Group Ltd. 2025 Year-End and Fourth Quarter Earnings Conference Call and Webcast

OKOTOKS, Alberta, Jan. 12, 2026 (GLOBE NEWSWIRE) -- (TSX: MTL) Mullen Group Ltd. ("Mullen Group" and/or the "Corporation") intends to release its 2025 Year-End and Fourth Quarter earnings results on T...

5 months ago - GlobeNewsWire

Mullen Group price target raised to C$17 from C$15 at CIBC

CIBC raised the firm’s price target on Mullen Group (MLLGF) to C$17 from C$15 and keeps a Neutral rating on the shares.

5 months ago - TheFly

Mullen Group downgraded to Market Perform from Outperform at Raymond James

Raymond James downgraded Mullen Group (MLLGF) to Market Perform from Outperform with a C$16.25 price target Energy subsectors have broadly outperformed levels implied by commodity moves, and some outp...

6 months ago - TheFly

Mullen Group Ltd. Announces the Completion of the Redemption of its 5.75% Convertible Unsecured Subordinated Debentures due November 30, 2026

OKOTOKS, Alberta, Dec. 01, 2025 (GLOBE NEWSWIRE) -- (TSX: MTL) Mullen Group Ltd. ("Mullen Group" and/or the "Corporation") announced today that it has completed the redemption of its 5.75% convertible...

6 months ago - GlobeNewsWire

Mullen Group Slides: Investor presentation

Mullen Group has posted slides in relation to its latest quarterly earnings report, which was published on November 20, 2025.

7 months ago - Filings

Mullen Group price target raised to C$17 from C$15 at RBC Capital

RBC Capital raised the firm’s price target on Mullen Group (MLLGF) to C$17 from C$15 and keeps an Outperform rating on the shares.

8 months ago - TheFly