Marten Transport Ltd. (MRTN)

NASDAQ: MRTN · IEX Real-Time Price · USD
19.76
+0.60 (3.13%)
Oct 3, 2022 4:00 PM EDT - Market closed
3.13%
Market Cap 1.60B
Revenue (ttm) 1.14B
Net Income (ttm) 105.20M
Shares Out 81.02M
EPS (ttm) 1.27
PE Ratio 15.56
Forward PE n/a
Dividend $0.22 (1.11%)
Ex-Dividend Date Sep 15, 2022
Volume 261,390
Open 19.36
Previous Close 19.16
Day's Range 19.33 - 19.97
52-Week Range 14.87 - 23.43
Beta 0.96
Analysts Buy
Price Target 24.48 (+23.9%)
Earnings Date Oct 17, 2022

About MRTN

Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico. It 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. The Dedicated segment offers customized transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermod... [Read more...]

Industry Road & Rail
IPO Date Sep 25, 1986
Employees 4,007
Stock Exchange NASDAQ
Ticker Symbol MRTN
Full Company Profile

Financial Performance

In 2021, MRTN's revenue was $973.64 million, an increase of 11.35% compared to the previous year's $874.37 million. Earnings were $85.43 million, an increase of 22.92%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for MRTN stock is "Buy." The 12-month stock price forecast is 24.48, which is an increase of 23.89% from the latest price.

Price Target
$24.48
(23.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Trucking Stocks Race Up Rankings As Stock Market Correction Deepens

As the stock market correction deepens, trucking stocks like Covenant, Marten, Heartland Express and Knight-Swift are holding up well. The post Trucking Stocks Race Up Rankings As Stock Market Correctio...

Other symbols: CVLGHTLDKNXPTSI
3 days ago - Investors Business Daily

3 Momentum Anomaly Picks as Markets Remain Wary of Fed Hike

Otter Tail (OTTR), Marten Transport (MRTN) and Avis Budget (CAR) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.

Other symbols: CAROTTR
1 month ago - Zacks Investment Research

MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND

MONDOVI, Wis., Aug. 16, 2022 (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 of ...

1 month ago - GlobeNewsWire

Marten Transport, Ltd. (MRTN) Hit a 52 Week High, Can the Run Continue?

Marten Transport, Ltd. (MRTN) is at a 52-week high, but can investors hope for more gains in the future?

1 month ago - Zacks Investment Research

Marten Transport, Ltd. (MRTN) Soars to 52-Week High, Time to Cash Out?

Marten Transport, Ltd. (MRTN) is at a 52-week high, but can investors hope for more gains in the future?

2 months ago - Zacks Investment Research

Is Marten Transport (MRTN) Outperforming Other Transportation Stocks This Year?

Here is how Marten Transport, Ltd. (MRTN) and USA Truck (USAK) have performed compared to their sector so far this year.

2 months ago - Zacks Investment Research

Can Marten Transport, Ltd. (MRTN) Run Higher on Rising Earnings Estimates?

Marten Transport, Ltd. (MRTN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

2 months ago - Zacks Investment Research

Marten Transport, Ltd. (MRTN) is a Great Momentum Stock: Should You Buy?

Does Marten Transport, Ltd. (MRTN) have what it takes to be a top stock pick for momentum investors?

2 months ago - Zacks Investment Research

Best Momentum Stocks to Buy for July 21st

ASC, MRTN, and TTE made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 21, 2022.

Other symbols: ASCTTE
2 months ago - Zacks Investment Research

New Strong Buy Stocks for July 21st

TTE, MRTN, CRC, PBR, and ARCB have been added to the Zacks Rank #1 (Strong Buy) List on July 21, 2022.

Other symbols: ARCBCRCPBRTTE
2 months ago - Zacks Investment Research

Marten Transport, Ltd. (MRTN) Recently Broke Out Above the 50-Day Moving Average

When a stock breaks out above the 50-Day simple moving average, good things could be on the horizon. How should investors react?

2 months ago - Zacks Investment Research

Why Marten Transport Stock Motored Today

There's very little not to like in this earnings report.

2 months ago - The Motley Fool

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 sh...

2 months ago - FreightWaves

Marten Transport, Ltd. (MRTN) Tops Q2 Earnings and Revenue Estimates

Marten Transport, Ltd. (MRTN) delivered earnings and revenue surprises of 21.88% and 12.96%, respectively, for the quarter ended June 2022.

2 months ago - Zacks Investment Research

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 43...

2 months ago - Benzinga

Marten Transport Announces Second Quarter Results

Reports highest operating revenue and operating income for any quarter in Marten's history – and the best operating ratio, net of fuel surcharges, for any quarter since Marten became a public company in...

2 months ago - GlobeNewsWire

6 Best Shipping Stocks to Buy Now

These stocks have good valuation metrics and are very cheap with low P/E ratios. Some even pay dividends, making them good value stocks.

Other symbols: EGLEFDXGNKTFIIUPS
2 months ago - InvestorPlace

Best Income Stocks to Buy for June 13th

POOL, MRTN, and UFCS made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 13, 2022.

Other symbols: POOLUFCS
3 months ago - Zacks Investment Research

Marten Transport, Ltd. (MRTN) Just Reclaimed the 20-Day Moving Average

When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?

4 months ago - Zacks Investment Research

Marten Transport, Ltd. (MRTN) Just Reclaimed the 50-Day Moving Average

Is it a good or bad thing when a stock surpasses resistance at the 50-day simple moving average?

4 months ago - Zacks Investment Research

What Makes Marten Transport, Ltd. (MRTN) a New Strong Buy Stock

Marten Transport, Ltd. (MRTN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

4 months ago - Zacks Investment Research

Surging Earnings Estimates Signal Upside for Marten Transport, Ltd. (MRTN) Stock

Marten Transport, Ltd. (MRTN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

4 months ago - Zacks Investment Research

Has Marten Transport (MRTN) Outpaced Other Transportation Stocks This Year?

Here is how Marten Transport, Ltd. (MRTN) and Orient Overseas International Ltd.

4 months ago - Zacks Investment Research

Here's Why Momentum Investors Will Love Marten Transport, Ltd. (MRTN)

Does Marten Transport, Ltd. (MRTN) have what it takes to be a top stock pick for momentum investors?

5 months ago - Zacks Investment Research

Marten Transport, Ltd. (MRTN) Tops Q1 Earnings and Revenue Estimates

Marten Transport, Ltd. (MRTN) delivered earnings and revenue surprises of 26.92% and 9.52%, respectively, for the quarter ended March 2022.

5 months ago - Zacks Investment Research