Marten Transport, Ltd. (MRTN)
| Market Cap | 1.38B |
| Revenue (ttm) | 1.13B |
| Net Income (ttm) | 70.37M |
| Shares Out | 81.33M |
| EPS (ttm) | 0.86 |
| PE Ratio | 19.70 |
| Forward PE | 23.07 |
| Dividend | $0.24 (1.42%) |
| Ex-Dividend Date | Mar 14, 2024 |
| Volume | 548,612 |
| Open | 16.67 |
| Previous Close | 16.73 |
| Day's Range | 16.67 - 17.01 |
| 52-Week Range | 15.33 - 23.38 |
| Beta | 0.79 |
| Analysts | Strong Buy |
| Price Target | 24.33 (+43.63%) |
| Earnings Date | Apr 18, 2024 |
About MRTN
Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United State, Mexico, and Canada. The company operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment, as well as dry freight; and regional short-haul and medium-to-long-haul full-load transportation services. The Dedicated segment offers customized transportation solutions for individual cus... [Read more]
Financial Performance
In 2023, MRTN's revenue was $1.13 billion, a decrease of -10.48% compared to the previous year's $1.26 billion. Earnings were $70.37 million, a decrease of -36.23%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for MRTN stock is "Strong Buy." The 12-month stock price forecast is $24.33, which is an increase of 43.63% from the latest price.
News
Marten Transport Announces First Quarter Results
MONDOVI, Wis., April 18, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $9.6 million, or 12 cents per diluted share, for the first quarter ended March 31...
MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND
MONDOVI, Wis., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share o...
Marten Transport Announces Fourth Quarter and Year End Results
MONDOVI, Wis., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $12.4 million, or 15 cents per diluted share, for the fourth quarter ended Decembe...
MARTEN TRANSPORT APPOINTS ADAM PHILLIPS AS EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER
MONDOVI, Wis., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced that its Board of Directors has appointed Adam D. Phillips to an executive officer as its Executive V...
Marten Transport Announces Third Quarter Results
MONDOVI, Wis., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $13.6 million, or 17 cents per diluted share, for the third quarter ended Septembe...
MARTEN TRANSPORT APPOINTS RANDALL BAIER AS EXECUTIVE VICE PRESIDENT AND CHIEF TECHNOLOGY OFFICER
MONDOVI, Wis., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced that its Board of Directors has appointed Randall J. Baier as its Executive Vice President and Chief ...
Marten Transport Announces Second Quarter Results
MONDOVI, Wis., July 19, 2023 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $21.9 million, or 27 cents per diluted share, for the second quarter ended June 30...
Marten revenue up but net income growth lowest in over 2 years
Truckload carrier Marten Transport brought in a lot more revenue in the fourth quarter of 2022 compared to a year earlier but posted a much smaller gain in net income. Net of fuel, operating revenue a...
Marten's Q3 mixed compared to year ago but slows from Q2
Marten Transport's earnings, the first out of the gate for truckload carriers, showed some signs of the market weakness that is evident in growing capacity and falling rates, but they weren't quite fl...
Refrigerated carrier Marten posts record results in Q2
Refrigerated carrier Marten Transport achieved another record financial performance during the second quarter of 2022. After the market closed on Monday, the company reported revenue and earnings per ...
Marten Transport Shares Rise After Q2 Results Exceed Expectations
Marten Transport, Ltd (NASDAQ: MRTN) reported second-quarter operating revenue growth of 41.8% year-over-year to $329.6 million, beating the consensus of $282.7 million. The operating income improved ...
Truckload carrier Marten racks up records in strong Q1
Marten Transport had a record-breaking first quarter, with all-time highs in several key categories. Operating revenue was a record at $287.3 million, up 28.8% from the first quarter of 2021, but it ...
Donald Broughton explains why he remains bullish on transportation
Donald Broughton, Broughton Capital, joins 'The Exchange' on why he remains bullish on the transportation sector.
MARTEN TRANSPORT ANNOUNCES DIVIDEND INCREASE
MONDOVI, Wis., March 01, 2022 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has declared a 50% increase in the Company's regular quarterly ca...
Marten Transport Expands Dry Truckload Operations Into Mexico
MONDOVI, Wis., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today announced its dry truckload operations have begun hauling dry van products between Mexico and the U.S. wi...
Marten's metrics and bottom line improved in 4th quarter of 2021
Marten rode a significant increase in total fourth-quarter revenue to offset higher salaries and purchased transportation costs, resulting in a 20% increase in operating income and a 26.1% improvement...
4 Stocks With High Forward Rates of Return
Donald Yacktman, a well-known value investor and founder of the AMG Yacktman Fund (Trades, Portfolio), takes the "forward rate of return" highly into account when he wants to evaluate the attractivene...
Marten Transport's Earnings Outlook
MRTN is set to give its latest quarterly earnings report on Tuesday, 2021-10-19. Here's what investors need to know before the announcement.
Marten Transport sends fleetwide message about operating ‘systems issues'
Truck drivers for Wisconsin-based truckload carrier Marten Transport say they received two fleetwide messages Tuesday afternoon from the company's top executive thanking them for their patience as the...
Breaking: Marten Transport falls victim to possible cyberattack
Wisconsin-based truckload carrier Marten Transport was targeted in an apparent cyberattack that knocked out its operating system around 2:30 p.m. CDT on Sunday, according to a source familiar with the...
The Top Insider Buys of the Week
Brian Sullivan details the top 5 company executive stock purchases of this past week, including a massive buy by the CEO of a well-known retail chain.
MARTEN TRANSPORT APPOINTS DOUGLAS PETIT AS PRESIDENT
MONDOVI, Wis., Aug. 30, 2021 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced that its Board of Directors has appointed Douglas P. Petit as its new President, effective today. Dou...
Heartland's 50-cent special dividend 2nd by a carrier this week
Truckload carrier Heartland Express announced Friday a 50-cent-per-share special dividend. The North Liberty, Iowa-based company also announced an increase of 3 million shares to its buyback program.
Marten Transport announces 50-cent special dividend
Marten Transport announced a special dividend of 50 cents per share Tuesday after the market closed. The Mondovi, Wisconsin-based refrigerated carrier also declared a regular quarterly cash dividend o...
MARTEN TRANSPORT DECLARES SPECIAL AND QUARTERLY DIVIDENDS
MONDOVI, Wis., Aug. 17, 2021 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has declared a special cash dividend of $0.50 per share of common s...