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Marten TransportNASDAQ: MRTN

Profile

Industry:

Trucking

Country:

United States

IPO:

25 September 1986

Next earnings report:

24 January 2025

Last dividends:

16 September 2024

Next dividends:

N/A
$1.29 B
-31%vs. 3y high
53%vs. sector
-10%vs. 3y high
77%vs. sector
-41%vs. 3y high
43%vs. sector
-23%vs. 3y high
46%vs. sector

Price

after hours | Fri, 01 Nov 2024 21:47:26 GMT
$15.86-$1.13(-6.65%)
$237.37 M$232.91 M
$237.37 M$3.75 M

Analysts recommendations

Institutional Ownership

MRTN Latest News

Marten Transport, Ltd. (MRTN) Q3 Earnings and Revenues Miss Estimates
zacks.com17 October 2024 Sentiment: NEGATIVE

Marten Transport, Ltd. (MRTN) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.07 per share.

Marten Transport Announces Second Quarter Results
globenewswire.com18 July 2024 Sentiment: NEGATIVE

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.

Marten Transport: Signs Of Improvement Justify A Neutral Stance As Earnings Near
seekingalpha.com15 July 2024 Sentiment: POSITIVE

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.

3 Truck Stocks to Keep an Eye On in a Challenging Industry
zacks.com05 June 2024 Sentiment: POSITIVE

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.

Marten Transport Q4: Beneficial Management Words, Operating Ratio Increases, And Undervalued
Seeking Alpha31 January 2024 Sentiment: POSITIVE

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.

Marten Transport: Undervalued After Recent Pullback
Seeking Alpha09 October 2023 Sentiment: POSITIVE

Marten Transport has experienced a recent pullback due to mixed earnings but is currently undervalued. The company operates in four divisions: truckload, dedicated, intermodal, and brokerage, providing transportation solutions for various industries. Analysts rate Marten Transport as a "buy" with a 23.01% potential upside, and the company has a strong balance sheet with no debt.

Marten Transport: A Great Ride That's Now Over
Seeking Alpha09 October 2023 Sentiment: NEGATIVE

Marten Transport's financial performance has started to weaken after a strong fiscal year in 2022. Revenue and profitability have declined in the current year, likely due to broader economic uncertainty and supply chain issues. MRTN stock is relatively expensive compared to similar companies, leading to a recommendation to downgrade from a 'buy' to a 'hold'.

UK joins Europe's growing 'greenlash' with new pro-motorist policies
CNBC09 October 2023 Sentiment: NEGATIVE

As the U.K. government ramps up concessions for motorists, Britain joins the fold of countries caught up in a political backlash against Europe's green agenda.

Marten Transport, Ltd. (MRTN) Meets Q2 Earnings Estimates
Zacks Investment Research19 July 2023 Sentiment: POSITIVE

Marten Transport, Ltd. (MRTN) came out with quarterly earnings of $0.27 per share, in line with the Zacks Consensus Estimate.

What type of business is Marten Transport?

Marten Transport, Ltd. is a temperature-sensitive freight carrier in the United States. It specializes in transporting and distributing food products and other consumer goods that require a controlled or insulated environment. The company operates in four segments, including Truckload, Dedicated, Intermodal, and Brokerage. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.

What sector is Marten Transport in?

Marten Transport is in the Industrials sector

What industry is Marten Transport in?

Marten Transport is in the Trucking industry

What country is Marten Transport from?

Marten Transport is headquartered in United States

When did Marten Transport go public?

Marten Transport initial public offering (IPO) was on 25 September 1986

What is Marten Transport website?

https://www.marten.com

Is Marten Transport in the S&P 500?

No, Marten Transport is not included in the S&P 500 index

Is Marten Transport in the NASDAQ 100?

No, Marten Transport is not included in the NASDAQ 100 index

Is Marten Transport in the Dow Jones?

No, Marten Transport is not included in the Dow Jones index

When was Marten Transport the previous earnings report?

No data

When does Marten Transport earnings report?

The next expected earnings date for Marten Transport is 24 January 2025