image
Industrials - Trucking - NASDAQ - US
$ 16.88
-2.14 %
$ 1.37 B
Market Cap
41.17
P/E
1. INTRINSIC VALUE

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 Intermodal segment transports customers' freight utilizing its refrigerated containers and temperature-controlled trailers on railroad flatcars for portions of trips, as well as using tractors and contracted carriers. The Brokerage segment develops contractual relationships with and arranges for third-party carriers to transport freight for customers in temperature-controlled trailers and dry vans.[ Read More ]

The intrinsic value of one MRTN stock under the base case scenario is HIDDEN Compared to the current market price of 16.9 USD, Marten Transport, Ltd. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MRTN

image
FINANCIALS
1.13 B REVENUE
-10.48%
90.1 M OPERATING INCOME
1517.19%
70.4 M NET INCOME
-36.23%
164 M OPERATING CASH FLOW
-25.11%
-173 M INVESTING CASH FLOW
-27.85%
-19.2 M FINANCING CASH FLOW
68.45%
237 M REVENUE
-3.60%
4.27 M OPERATING INCOME
-42.64%
-17.5 M NET INCOME
-222.27%
29.5 M OPERATING CASH FLOW
-17.71%
-59.2 M INVESTING CASH FLOW
-113.21%
-4.46 M FINANCING CASH FLOW
2.43%
Balance Sheet Decomposition Marten Transport, Ltd.
image
Current Assets 197 M
Cash & Short-Term Investments 53.2 M
Receivables 118 M
Other Current Assets 25.4 M
Non-Current Assets 794 M
Long-Term Investments 0
PP&E 793 M
Other Non-Current Assets 1.01 M
Current Liabilities 110 M
Accounts Payable 36.5 M
Short-Term Debt 0
Other Current Liabilities 73.7 M
Non-Current Liabilities 123 M
Long-Term Debt 249 K
Other Non-Current Liabilities 122 M
EFFICIENCY
Earnings Waterfall Marten Transport, Ltd.
image
Revenue 1.13 B
Cost Of Revenue 1.01 B
Gross Profit 122 M
Operating Expenses 205 M
Operating Income 90.1 M
Other Expenses 19.7 M
Net Income 70.4 M
RATIOS
10.75% GROSS MARGIN
10.75%
7.96% OPERATING MARGIN
7.96%
6.22% NET MARGIN
6.22%
9.29% ROE
9.29%
7.11% ROA
7.11%
8.92% ROIC
8.92%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Marten Transport, Ltd.
image
Net Income 70.4 M
Depreciation & Amortization 117 M
Capital Expenditures -241 M
Stock-Based Compensation 2.32 M
Change in Working Capital -4.02 M
Others -19.6 M
Free Cash Flow -76.2 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Marten Transport, Ltd.
image
Wall Street analysts predict an average 1-year price target for MRTN of $22.5 , with forecasts ranging from a low of $20 to a high of $25 .
MRTN Lowest Price Target Wall Street Target
20 USD 18.48%
MRTN Average Price Target Wall Street Target
22.5 USD 33.29%
MRTN Highest Price Target Wall Street Target
25 USD 48.10%
4. DIVIDEND ANALYSIS
0.68% DIVIDEND YIELD
0.06 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Marten Transport, Ltd.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
165 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
158 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 weeks ago
Oct 30, 2024
Bought 158 K USD
BAUER JERRY M
Director
+ 10000
15.8051 USD
3 months ago
Jul 25, 2024
Sell 82.5 K USD
Phillips Adam Daniel
EVP & Chief Operating Officer
- 4500
18.3412 USD
5 months ago
Jun 12, 2024
Sell 82 K USD
Petit Douglas Paul
President
- 4500
18.2219 USD
1 year ago
Mar 20, 2023
Sell 107 K USD
WINKEL THOMAS J
Director
- 5313
20.124 USD
2 years ago
Aug 15, 2022
Sell 236 K USD
HAGNESS LARRY B
director:
- 10313
22.9254 USD
2 years ago
Mar 17, 2022
Sell 59.8 K USD
WINKEL THOMAS J
director:
- 3000
19.932 USD
2 years ago
Mar 10, 2022
Sell 117 K USD
Hinnendael James J
Exec. VP and CFO
- 6350
18.3807 USD
2 years ago
Mar 01, 2022
Sell 175 K USD
TURNER JOHN H
EVP Sales & Marketing
- 9661
18.0895 USD
2 years ago
Feb 23, 2022
Sell 175 K USD
DEMOREST ROBERT L
Director
- 10313
16.9591 USD
2 years ago
Feb 03, 2022
Sell 88.2 K USD
WINKEL THOMAS J
Director
- 5000
17.65 USD
2 years ago
Dec 01, 2021
Sell 80.4 K USD
DEMOREST ROBERT L
Director
- 5000
16.0782 USD
2 years ago
Dec 03, 2021
Sell 88.5 K USD
DEMOREST ROBERT L
Director
- 5313
16.6498 USD
3 years ago
Sep 20, 2021
Bought 226 K USD
BAUER JERRY M
Director
+ 15000
15.07 USD
3 years ago
Mar 18, 2021
Sell 101 K USD
WINKEL THOMAS J
Director
- 6000
16.7672 USD
4 years ago
Nov 17, 2020
Sell 188 K USD
TURNER JOHN H
Exec. VP of Sales & Marketing
- 10000
18.7504 USD
4 years ago
Oct 30, 2020
Bought 108 K USD
BAUER JERRY M
Director
+ 7070
15.25 USD
4 years ago
Aug 14, 2020
Sell 279 K USD
KOHL TIMOTHY M
President
- 15000
18.6198 USD
4 years ago
Aug 17, 2020
Sell 464 K USD
KOHL TIMOTHY M
President
- 25000
18.5536 USD
4 years ago
May 12, 2020
Sell 334 K USD
MARTEN RANDOLPH L
Chairman of the Board and CEO
- 13534
24.667 USD
4 years ago
May 06, 2020
Sell 107 K USD
TURNER JOHN H
Exec. VP of Sales & Marketing
- 4260
25.1742 USD
4 years ago
May 07, 2020
Sell 93.8 K USD
HAGNESS LARRY B
Director
- 3750
25 USD
4 years ago
May 07, 2020
Sell 153 K USD
HAGNESS LARRY B
Director
- 6250
24.5 USD
4 years ago
May 01, 2020
Sell 338 K USD
KOHL TIMOTHY M
President
- 14586
23.1715 USD
4 years ago
Apr 29, 2020
Sell 583 K USD
KOHL TIMOTHY M
President
- 25414
22.9375 USD
4 years ago
May 01, 2020
Sell 173 K USD
MARTEN RANDOLPH L
Chairman of the Board & CEO
- 7500
23.002 USD
4 years ago
Apr 29, 2020
Sell 284 K USD
TURNER JOHN H
Exec. VP of Sales & Marketing
- 12360
23 USD
4 years ago
Apr 30, 2020
Sell 17.8 K USD
MARTEN RANDOLPH L
Chairman of the Board and CEO
- 772
23 USD
4 years ago
Apr 29, 2020
Sell 337 K USD
MARTEN RANDOLPH L
Chairman of the Board and CEO
- 14625
23.0592 USD
4 years ago
Apr 28, 2020
Sell 411 K USD
MARTEN RANDOLPH L
Chairman of the Board and CEO
- 17703
23.244 USD
4 years ago
Apr 28, 2020
Sell 408 K USD
Hinnendael James J
Executive Vice President & CFO
- 17600
23.2 USD
4 years ago
Mar 23, 2020
Sell 111 K USD
WINKEL THOMAS J
Director
- 6250
17.795 USD
5 years ago
Apr 29, 2019
Sell 128 K USD
WINKEL THOMAS J
Director
- 6250
20.4116 USD
5 years ago
Mar 15, 2019
Sell 113 K USD
DEMOREST ROBERT L
Director
- 6250
18.0499 USD
5 years ago
Feb 08, 2019
Sell 165 K USD
MARTEN RANDOLPH L
Chairman of the Board and CEO
- 8881
18.58 USD
5 years ago
Feb 11, 2019
Sell 20.6 K USD
MARTEN RANDOLPH L
Chairman of the Board and CEO
- 1116
18.47 USD
5 years ago
Feb 05, 2019
Sell 863 K USD
MARTEN RANDOLPH L
Chairman and CEO
- 44959
19.1963 USD
5 years ago
Feb 06, 2019
Sell 98.7 K USD
MARTEN RANDOLPH L
Chairman and CEO
- 5187
19.0294 USD
5 years ago
Feb 07, 2019
Sell 750 K USD
MARTEN RANDOLPH L
Chairman and CEO
- 39857
18.8137 USD
6 years ago
Apr 25, 2018
Bought 150 K USD
Hinnendael James J
Executive VP and CFO
+ 7500
19.982 USD
6 years ago
Feb 22, 2018
Sell 141 K USD
WINKEL THOMAS J
Director
- 6250
22.55 USD
6 years ago
Feb 02, 2018
Sell 127 K USD
HAGNESS LARRY B
Director
- 5450
23.35 USD
6 years ago
Feb 02, 2018
Sell 62 K USD
HAGNESS LARRY B
Director
- 2650
23.4 USD
6 years ago
Feb 02, 2018
Sell 91.4 K USD
HAGNESS LARRY B
Director
- 3900
23.425 USD
7 years ago
Jun 05, 2017
Sell 718 K USD
MARTEN RANDOLPH L
Chairman of the Board and CEO
- 28100
25.54 USD
7 years ago
Jun 06, 2017
Sell 558 K USD
MARTEN RANDOLPH L
Chairman of the Board and CEO
- 21900
25.47 USD
7 years ago
Jun 06, 2017
Sell 76.8 K USD
TURNER JOHN H
Senior Vice President of Sales
- 3000
25.6 USD
7 years ago
Jun 02, 2017
Sell 25.5 K USD
TURNER JOHN H
Senior Vice President of Sales
- 1000
25.54 USD
7 years ago
Mar 17, 2017
Sell 67 K USD
WINKEL THOMAS J
Director
- 2750
24.35 USD
7 years ago
Mar 01, 2017
Sell 87.5 K USD
TURNER JOHN H
Senior Vice President of Sales
- 3500
25 USD
7 years ago
Mar 01, 2017
Sell 57 K USD
TURNER JOHN H
Senior Vice President of Sales
- 2250
25.35 USD
7 years ago
Feb 24, 2017
Sell 24.4 K USD
TURNER JOHN H
Senior Vice President of Sales
- 1000
24.3675 USD
7 years ago
Nov 30, 2016
Sell 31.2 K USD
TURNER JOHN H
Senior Vice President of Sales
- 1250
25 USD
8 years ago
Nov 16, 2016
Sell 141 K USD
TURNER JOHN H
Senior Vice President of Sales
- 6000
23.5 USD
8 years ago
Sep 02, 2016
Sell 84.2 K USD
TURNER JOHN H
Senior Vice President of Sales
- 3825
22 USD
8 years ago
Aug 05, 2016
Sell 28 K USD
TURNER JOHN H
Senior Vice President of Sales
- 1275
22 USD
8 years ago
Jul 28, 2016
Sell 1.09 M USD
MARTEN RANDOLPH L
Chairman of the Board and CEO
- 50000
21.7916 USD
8 years ago
Jul 29, 2016
Sell 1.09 M USD
MARTEN RANDOLPH L
Chairman of the Board and CEO
- 50000
21.722 USD
8 years ago
May 24, 2016
Sell 23.2 K USD
TURNER JOHN H
Sr. Vice President of Sales
- 1200
19.3 USD
8 years ago
May 25, 2016
Sell 23.4 K USD
TURNER JOHN H
Sr. Vice President of Sales
- 1200
19.5 USD
8 years ago
May 23, 2016
Sell 133 K USD
MARTEN RANDOLPH L
Chairman of the Board and CEO
- 6910
19.2502 USD
8 years ago
May 24, 2016
Sell 638 K USD
MARTEN RANDOLPH L
Chairman of the Board and CEO
- 33090
19.2766 USD
8 years ago
Apr 26, 2016
Sell 168 K USD
MARTEN RANDOLPH L
Chairman of the Board & CEO
- 8860
19.0128 USD
8 years ago
Apr 27, 2016
Sell 598 K USD
MARTEN RANDOLPH L
Chairman of the Board & CEO
- 31140
19.2161 USD
8 years ago
Apr 28, 2016
Sell 386 K USD
MARTEN RANDOLPH L
Chairman of the Board & CEO
- 20000
19.2871 USD
8 years ago
Mar 14, 2016
Sell 3.92 K USD
WINKEL THOMAS J
Director
- 218
18 USD
8 years ago
Mar 14, 2016
Sell 21.6 K USD
WINKEL THOMAS J
Director
- 1200
17.96 USD
8 years ago
Mar 14, 2016
Sell 32.9 K USD
WINKEL THOMAS J
Director
- 1832
17.95 USD
8 years ago
Feb 05, 2016
Sell 565 K USD
MARTEN RANDOLPH L
Chairman and CEO
- 32132
17.59 USD
8 years ago
Feb 08, 2016
Sell 67.7 K USD
MARTEN RANDOLPH L
Chairman and CEO
- 3868
17.5 USD
8 years ago
Feb 04, 2016
Sell 396 K USD
NASH TIMOTHY P
Ex. VP of Sales and Marketing
- 22500
17.6064 USD
8 years ago
Feb 04, 2016
Sell 319 K USD
Hinnendael James J
Ex. VP and CFO
- 18000
17.6999 USD
8 years ago
Dec 01, 2015
Sell 1.24 M USD
Hinnendael James J
Exec. Vice President and CFO
- 69000
17.9088 USD
9 years ago
Apr 29, 2015
Sell 621 K USD
KOHL TIMOTHY M
President
- 26839
23.1366 USD
9 years ago
Apr 24, 2015
Sell 7.2 K USD
KOHL TIMOTHY M
President
- 300
24 USD
9 years ago
Apr 23, 2015
Sell 39.4 K USD
KOHL TIMOTHY M
President
- 1640
24.0073 USD
9 years ago
Apr 22, 2015
Sell 546 K USD
KOHL TIMOTHY M
President
- 22637
24.1131 USD
9 years ago
Apr 21, 2015
Sell 322 K USD
KOHL TIMOTHY M
President
- 13084
24.5909 USD
9 years ago
Apr 21, 2015
Sell 64.8 K USD
TURNER JOHN H
Senior Vice President of Sales
- 2644
24.5 USD
9 years ago
Apr 20, 2015
Sell 120 K USD
HAGNESS LARRY B
Director
- 5000
24 USD
9 years ago
Apr 17, 2015
Sell 190 K USD
Hinnendael James J
Chief Financial Officer
- 8001
23.8089 USD
9 years ago
Apr 20, 2015
Sell 65.3 K USD
Hinnendael James J
Chief Financial Officer
- 2749
23.7567 USD
9 years ago
Mar 13, 2015
Bought 2.24 K USD
KOHL TIMOTHY M
President
+ 100
22.4 USD
9 years ago
Mar 13, 2015
Bought 69.8 K USD
KOHL TIMOTHY M
President
+ 3100
22.5 USD
9 years ago
Mar 13, 2015
Bought 2.24 K USD
KOHL TIMOTHY M
President
+ 100
22.37 USD
9 years ago
Mar 13, 2015
Bought 85 K USD
KOHL TIMOTHY M
President
+ 3800
22.36 USD
9 years ago
Mar 13, 2015
Bought 2.23 K USD
KOHL TIMOTHY M
President
+ 100
22.34 USD
9 years ago
Mar 13, 2015
Bought 2.23 K USD
KOHL TIMOTHY M
President
+ 100
22.32 USD
9 years ago
Feb 24, 2015
Sell 533 K USD
MARTEN RANDOLPH L
Chairman of the Board and CEO
- 22926
23.25 USD
9 years ago
Nov 26, 2014
Sell 147 K USD
NASH TIMOTHY P
Exec. VP of Sales & Marketing
- 7000
21 USD
10 years ago
Jul 18, 2014
Bought 25 K USD
KOHL TIMOTHY M
President
+ 1200
20.8644 USD
7. News
Marten Transport, Ltd. (MRTN) Q3 Earnings and Revenues Miss Estimates Marten Transport, Ltd. (MRTN) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.07 per share. zacks.com - 1 month ago
Marten Transport Announces Third Quarter Results MONDOVI, Wis., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $3.8 million, or 5 cents per diluted share, for the third quarter ended September 30, 2024, compared with $13.6 million, or 17 cents per diluted share, for the third quarter of 2023. For the nine-month period ended September 30, 2024, net income was $21.3 million, or 26 cents per diluted share, compared with $58.0 million, or 71 cents per diluted share, for the 2023 nine-month period. globenewswire.com - 1 month ago
MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND MONDOVI, Wis., Aug. 14, 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 of common stock. The dividend will be payable on September 30, 2024 to stockholders of record at the close of business on September 16, 2024. globenewswire.com - 3 months ago
Marten Transport Announces Second Quarter Results MONDOVI, Wis., July 18, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $7.9 million, or 10 cents per diluted share, for the second quarter ended June 30, 2024, compared with $21.9 million, or 27 cents per diluted share, for the second quarter of 2023. For the six-month period ended June 30, 2024, net income was $17.5 million, or 22 cents per diluted share, compared with $44.4 million, or 55 cents per diluted share, for the 2023 six-month period. globenewswire.com - 3 months ago
Marten Transport: On A Road To Recovery Navigating A Freight Recession Marten Transport is a transportation and logistics company specializing in long-haul trucking and refrigerated transport services across North America. Over the last few quarters, the company has been navigating through challenging market conditions with a commitment to improving profitability. The company is well-positioned with a solid balance sheet and ample liquidity, which should bode well if the freight recession lasts longer than expected. seekingalpha.com - 4 months ago
Marten Transport: Signs Of Improvement Justify A Neutral Stance As Earnings Near Times have been tough for Marten Transport due to weak industry conditions and worsening fundamentals. That picture continues today and may persist in the near term, though there are signs of improvement on the horizon. These improvements justify a more neutral, as opposed to a bearish, stance on the business. seekingalpha.com - 4 months ago
3 Truck Stocks to Keep an Eye On in a Challenging Industry The Zacks Industry Rank for the Transportation-Truck industry paints a dull picture, mainly owing to the slowdown in freight demand. We believe stocks like ODFL, MRTN and PTSI are better positioned to escape industry challenges. zacks.com - 5 months ago
Panagora Asset Management Inc. Cuts Holdings in Marten Transport, Ltd. (NASDAQ:MRTN) Panagora Asset Management Inc. reduced its holdings in shares of Marten Transport, Ltd. (NASDAQ:MRTN – Free Report) by 30.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 143,806 shares of the transportation company’s stock after selling 64,358 shares during the period. Panagora Asset Management Inc. owned about 0.18% of Marten Transport worth $3,017,000 at the end of the most recent quarter. Several other institutional investors have also added to or reduced their stakes in the business. Quantbot Technologies LP bought a new stake in shares of Marten Transport during the 3rd quarter valued at $54,000. International Assets Investment Management LLC grew its holdings in Marten Transport by 1,997.7% during the fourth quarter. International Assets Investment Management LLC now owns 2,706 shares of the transportation company’s stock valued at $57,000 after purchasing an additional 2,577 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Marten Transport by 36.2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,364 shares of the transportation company’s stock worth $224,000 after buying an additional 3,018 shares in the last quarter. Vest Financial LLC bought a new position in shares of Marten Transport in the fourth quarter worth about $252,000. Finally, Natixis Advisors L.P. raised its stake in shares of Marten Transport by 10.7% in the third quarter. Natixis Advisors L.P. now owns 16,727 shares of the transportation company’s stock worth $330,000 after buying an additional 1,616 shares during the period. 69.12% of the stock is currently owned by institutional investors. Wall Street Analysts Forecast Growth A number of research analysts recently issued reports on MRTN shares. Raymond James began coverage on Marten Transport in a research note on Wednesday, May 15th. They set an “outperform” rating and a $20.00 price objective for the company. Stephens dropped their price target on shares of Marten Transport from $23.00 to $21.00 and set an “overweight” rating for the company in a research report on Friday, April 19th. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.00. Check Out Our Latest Stock Analysis on MRTN Marten Transport Stock Up 0.2 % NASDAQ MRTN opened at $18.10 on Monday. Marten Transport, Ltd. has a twelve month low of $15.33 and a twelve month high of $23.38. The business has a 50-day moving average price of $17.69 and a 200-day moving average price of $18.79. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 25.49 and a beta of 0.79. Marten Transport (NASDAQ:MRTN – Get Free Report) last posted its quarterly earnings results on Thursday, April 18th. The transportation company reported $0.12 EPS for the quarter, hitting analysts’ consensus estimates of $0.12. The company had revenue of $249.67 million for the quarter, compared to analysts’ expectations of $262.77 million. Marten Transport had a return on equity of 7.65% and a net margin of 5.31%. The firm’s revenue was down 16.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.28 EPS. Research analysts expect that Marten Transport, Ltd. will post 0.66 EPS for the current fiscal year. Marten Transport Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a dividend of $0.06 per share. The ex-dividend date is Friday, June 14th. This represents a $0.24 annualized dividend and a yield of 1.33%. Marten Transport’s payout ratio is 33.80%. Marten Transport Company Profile (Free Report) 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. See Also Five stocks we like better than Marten Transport What Does a Stock Split Mean? JD’s Earnings Could Mean Chinese Stocks Making a Comeback Want to Profit on the Downtrend? Downtrends, Explained. Canada Goose Flies Higher Driven By DTC Growth How to Evaluate a Stock Before Buying CVS Health Stock Has a Silver Lining Called Value Want to see what other hedge funds are holding MRTN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marten Transport, Ltd. (NASDAQ:MRTN – Free Report). https://www.defenseworld.net - 5 months ago
Natixis Advisors L.P. Has $289,000 Position in Marten Transport, Ltd. (NASDAQ:MRTN) Natixis Advisors L.P. reduced its holdings in shares of Marten Transport, Ltd. (NASDAQ:MRTN – Free Report) by 17.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,778 shares of the transportation company’s stock after selling 2,949 shares during the period. Natixis Advisors L.P.’s holdings in Marten Transport were worth $289,000 at the end of the most recent reporting period. Other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC lifted its holdings in Marten Transport by 1,997.7% during the 4th quarter. International Assets Investment Management LLC now owns 2,706 shares of the transportation company’s stock valued at $57,000 after purchasing an additional 2,577 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Marten Transport in the third quarter worth about $54,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Marten Transport by 36.2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,364 shares of the transportation company’s stock worth $224,000 after acquiring an additional 3,018 shares during the last quarter. Vest Financial LLC bought a new position in shares of Marten Transport in the fourth quarter worth about $252,000. Finally, Jump Financial LLC bought a new position in shares of Marten Transport in the third quarter worth about $505,000. 69.12% of the stock is currently owned by institutional investors and hedge funds. Analyst Ratings Changes A number of equities analysts have weighed in on MRTN shares. Stephens dropped their target price on shares of Marten Transport from $23.00 to $21.00 and set an “overweight” rating for the company in a research note on Friday, April 19th. Raymond James assumed coverage on shares of Marten Transport in a research note on Wednesday, May 15th. They issued an “outperform” rating and a $20.00 target price for the company. One analyst has rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Marten Transport currently has an average rating of “Moderate Buy” and a consensus target price of $22.00. View Our Latest Stock Report on MRTN Marten Transport Price Performance Shares of NASDAQ:MRTN opened at $18.10 on Monday. Marten Transport, Ltd. has a one year low of $15.33 and a one year high of $23.38. The company has a 50 day moving average of $17.69 and a 200-day moving average of $18.79. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 25.49 and a beta of 0.79. Marten Transport (NASDAQ:MRTN – Get Free Report) last issued its quarterly earnings data on Thursday, April 18th. The transportation company reported $0.12 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.12. The firm had revenue of $249.67 million during the quarter, compared to analysts’ expectations of $262.77 million. Marten Transport had a net margin of 5.31% and a return on equity of 7.65%. The business’s revenue for the quarter was down 16.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.28 earnings per share. Equities research analysts anticipate that Marten Transport, Ltd. will post 0.66 earnings per share for the current year. Marten Transport Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.33%. The ex-dividend date is Friday, June 14th. Marten Transport’s dividend payout ratio (DPR) is presently 33.80%. Marten Transport Profile (Free Report) 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. https://www.defenseworld.net - 5 months ago
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, 2024, compared with $22.5 million, or 28 cents per diluted share, for the first quarter of 2023. globenewswire.com - 6 months ago
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 of common stock. The dividend will be payable on March 29, 2024 to stockholders of record at the close of business on March 15, 2024. globenewswire.com - 8 months ago
Marten Transport Q4: Beneficial Management Words, Operating Ratio Increases, And Undervalued Marten Transport reports increases in average miles per trip and quarterly operating ratio, indicating positive performance in the industry. The installation of solar panels in the company's facilities may attract demand from ESG investors. Despite lower-than-expected EPS and quarterly revenue, Marten is undervalued and expected to experience net sales, EBITDA, and net income growth in the future. seekingalpha.com - 9 months ago
8. Profile Summary

Marten Transport, Ltd. MRTN

image
COUNTRY US
INDUSTRY Trucking
MARKET CAP $ 1.37 B
Dividend Yield 0.68%
Description 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 Intermodal segment transports customers' freight utilizing its refrigerated containers and temperature-controlled trailers on railroad flatcars for portions of trips, as well as using tractors and contracted carriers. The Brokerage segment develops contractual relationships with and arranges for third-party carriers to transport freight for customers in temperature-controlled trailers and dry vans. As of December 31, 2021, the company operated a fleet of 3,204 tractors, including 3,111 company-owned tractors and 93 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.
Contact 129 Marten Street, Mondovi, WI, 54755 https://www.marten.com
IPO Date Sept. 25, 1986
Employees 4213
Officers Mr. Randolph L. Marten Executive Chairman of the Board Mr. Douglas Paul Petit President Mr. Adam D. Phillips Executive Vice President & Chief Operating Officer Mr. Patrick J. Pazderka J.D. Secretary Mr. Timothy M. Kohl Chief Executive Officer Mr. Randall J. Baier Executive Vice President & Chief Technology Officer