Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Marten Transport Ltd Market Cap
Based on ratings from 3 stock analysts, the Marten Transport Ltd stock price is expected to increase by 1.33% in 12 months. This is calculated by using the average 12-month stock price forecast for Marten Transport Ltd. The lowest target is $15 and the highest is $20. Please note analyst price targets are not guaranteed and could be missed completely.
About 3 Wall Street analysts have assigned MRTN 1 buy ratings, 2 hold ratings, and 0 sell ratings. This means that analysts expect Marten Transport Ltd to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MRTN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of MRTN.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Felix Boeschen Raymond James | Market Perform | Downgrade | Oct 14, 2024 | |
| Felix Boeschen Raymond James | Outperform | $20 | Reinstates | May 15, 2024 |
| Daniel Imbro Stephens & Co. | Overweight | $21 | Maintains | Apr 19, 2024 |
| Jeffrey Kauffman Vertical Research | Buy | $25 | Upgrade | Jan 10, 2024 |
| Jack Atkins Stephens & Co. | Overweight | $27 | Reiterates | Jul 20, 2023 |
| Jack Atkins Stephens & Co. | Overweight | $26 | Reiterates | May 19, 2023 |
| Jack Atkins Stephens & Co. | Overweight | $25 | Maintains | Oct 18, 2022 |
| Jeffrey Kauffman Vertical Research | Hold | Downgrade | Aug 17, 2022 | |
| Jack Atkins Stephens & Co. | Overweight | $21 | Maintains | Jan 26, 2022 |
Raymond James | Market Perform | Initiates | Sep 10, 2021 | |
Keybanc | Sector Weight | Downgrade | Aug 9, 2021 | |
Vertical Research | Buy | Initiates | Mar 26, 2021 | |
KeyBanc | Overweight | Maintains | Sep 2, 2020 | |
| Todd Fowler Keybanc | Overweight | $21 | Maintains | Sep 2, 2020 |
KeyBanc | Overweight | Maintains | Jul 7, 2020 | |
| Todd Fowler Keybanc | Overweight | $29 | Maintains | Jul 7, 2020 |
Loop Capital | Hold | Downgrade | May 19, 2020 | |
Keybanc | Overweight | $27 | Maintains | May 6, 2020 |
KeyBanc | Overweight | Maintains | May 6, 2020 | |
| Jack Atkins Stephens & Co. | Overweight | $22 | Upgrade | Apr 6, 2020 |
When did it IPO
1992
Staff Count
4,213
Country
United States
Sector/Industry
Industrials/Trucking
CEO
Market Cap
$1.38B
In 2023, MRTN generated $1.13B in revenue, which was a decrease of -10.48% from the previous year. This can be seen as a signal that MRTN's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 27 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Marten Transport, Ltd. declared a quarterly cash dividend of $0.06 per share, payable on December 27, 2024, to shareholders of record as of December 13, 2024.
Why It Matters - Marten Transport's quarterly dividend declaration signals financial stability and a commitment to returning value to shareholders, potentially attracting income-focused investors.
Thu, 17 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Marten Transport reported Q3 2024 net income of $3.8M (5 cents/share), down from $13.6M (17 cents/share) in Q3 2023. Nine-month income also decreased to $21.3M from $58.0M year-over-year.
Why It Matters - Marten Transport's significant drop in net income and earnings per share signals potential financial difficulties, which may lead to decreased investor confidence and stock price volatility.
Thu, 17 Oct 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Marten Transport, Ltd. (MRTN) reported quarterly earnings of $0.05 per share, below the Zacks Consensus Estimate of $0.07 per share.
Why It Matters - Marten Transport's earnings miss indicates weaker-than-expected performance, which may lead to reduced investor confidence and potential declines in stock value.
Thu, 18 Jul 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Marten Transport reported Q2 2024 net income of $7.9 million (10 cents/share), down from $21.9 million (27 cents/share) in Q2 2023. YTD net income is $17.5 million (22 cents/share), down from $44.4 million (55 cents/share) in 2023.
Why It Matters - Marten Transport's significant drop in net income and earnings per share signals potential financial instability, affecting investor confidence and future valuation.
Mon, 15 Jul 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Marten Transport faces challenges from weak industry conditions, but signs of improvement suggest a shift to a neutral outlook for the company in the near term.
Why It Matters - Weak industry conditions and worsening fundamentals pose risks for Marten Transport, but signs of improvement suggest potential stabilization, influencing investment decisions.
Mon, 15 Jul 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Marten Transport, a North American logistics firm, is focused on improving profitability amid tough market conditions and has a strong balance sheet and liquidity to weather potential prolonged freight recession.
Why It Matters - Marten Transport's strong balance sheet and liquidity enhance its resilience amid a freight recession, indicating potential stability and recovery for investors seeking value in challenging markets.
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