Summary
18.17 0.03(0.17%)06/27/2024
Marten Transport, Ltd. (MRTN)
Marten Transport, Ltd. (MRTN)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.17 | 3.19 | 3.04 | -1.49 | -14.60 | -13.95 | 78.53 | 3,165.63 |
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| Trading Data | ||
| Close | 18.17 | |
| Open | 18.26 | |
| High | 18.27 | |
| Low | 17.96 | |
| Volume | 146,741 | |
| Change | 0.03 | |
| Change % | 0.17 | |
| Avg Volume (20 Days) | 220,027 | |
| Volume/Avg Volume (20 Days) Ratio | 0.67 | |
| 52 Week Range | 15.43 - 23.38 | |
| Price vs 52 Week High | -22.28% | |
| Price vs 52 Week Low | 17.76% | |
| Range | 1.28 | |
| Gap Up/Down | -0.04 | |
Fundamentals | ||
| Market Capitalization (Mln) | 1,476 | |
| EBIDTA | 186,702,000 | |
| PE Ratio | 25.7000 | |
| PEG Ratio | 3.2000 | |
| WallStreet Target Price | 21.50 | |
| Book Value | 9.3710 | |
| Earnings Per Share | 0.7000 | |
| EPS Estimate Current Quarter | 0.1200 | |
| EPS Estimate Next Quarter | 0.1900 | |
| EPS Estimate Current Year | 0.6600 | |
| EPS Estimate Next Year | 1.0100 | |
| Diluted EPS (TTM) | 0.7000 | |
| Revenues | ||
| Profit Marging | 0.0531 | |
| Operating Marging (TTM) | 0.0444 | |
| Return on asset (TTM) | 0.0404 | |
| Return on equity (TTM) | 0.0775 | |
| Revenue TTM | 1,083,104,000 | |
| Revenue per share TTM | 13.3210 | |
| Quarterly Revenue Growth (YOY) | -0.1620 | |
| Quarterly Earnings Growth (YOY) | -0.5720 | |
| Gross Profit (TTM) | 340,334,000 | |
| Dividends | ||
| Dividend Share | 0.2400 | |
| Dividend Yield | 0.0133 | |
| Valuations | ||
| Trailing PE | 25.7000 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.8405 | |
| Revenue Enterprise Value | 1.1852 | |
| EBITDA Enterprise Value | 6.9404 | |
| Shares | ||
| Shares Outstanding | 81,362,704 | |
| Shares Float | 57,455,091 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.02 | |
| Insider (%) | 29.35 | |
| Institutions (%) | 70.98 | |
06/05 13:01 EST - zacks.com
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.
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.
05/20 07:14 EST - https://www.defenseworld.net
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).
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).
05/20 04:58 EST - https://www.defenseworld.net
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.
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.
04/18 16:01 EST - globenewswire.com
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.
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.
02/20 16:02 EST - globenewswire.com
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.
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.
01/31 15:39 EST - seekingalpha.com
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.
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.
01/25 16:05 EST - globenewswire.com
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 December 31, 2023, compared with $25.5 million, or 31 cents per diluted share, for the fourth quarter of 2022. For the year ended December 31, 2023, net income was $70.4 million, or 86 cents per diluted share, compared with $110.4 million, or $1.35 per diluted share, for 2022.
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 December 31, 2023, compared with $25.5 million, or 31 cents per diluted share, for the fourth quarter of 2022. For the year ended December 31, 2023, net income was $70.4 million, or 86 cents per diluted share, compared with $110.4 million, or $1.35 per diluted share, for 2022.
12/19 06:01 EST - zacks.com
New Strong Sell Stocks for December 19th
ARI, ENR and MRTN have been added to the Zacks Rank #5 (Strong Sell) List on December 19, 2023.
New Strong Sell Stocks for December 19th
ARI, ENR and MRTN have been added to the Zacks Rank #5 (Strong Sell) List on December 19, 2023.
12/13 16:02 EST - globenewswire.com
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 Vice President and Chief Operating Officer, effective December 13, 2023.
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 Vice President and Chief Operating Officer, effective December 13, 2023.
10/18 16:02 EST - globenewswire.com
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 September 30, 2023, compared with $25.6 million, or 32 cents per diluted share, for the third quarter of 2022. For the nine-month period ended September 30, 2023, net income was $58.0 million, or 71 cents per diluted share, compared with $84.8 million, or $1.03 per diluted share, for the 2022 nine-month period.
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 September 30, 2023, compared with $25.6 million, or 32 cents per diluted share, for the third quarter of 2022. For the nine-month period ended September 30, 2023, net income was $58.0 million, or 71 cents per diluted share, compared with $84.8 million, or $1.03 per diluted share, for the 2022 nine-month period.
10/09 21:38 EST - seekingalpha.com
Marten Transport: Undervalued After Recent Pullback
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: Undervalued After Recent Pullback
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.
10/09 02:45 EST - seekingalpha.com
Marten Transport: A Great Ride That's Now Over
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'.
Marten Transport: A Great Ride That's Now Over
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'.
10/09 01:25 EST - cnbc.com
UK joins Europe's growing 'greenlash' with new pro-motorist policies
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.
UK joins Europe's growing 'greenlash' with new pro-motorist policies
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.
08/15 16:02 EST - globenewswire.com
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 Technology Officer, effective August 15, 2023.
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 Technology Officer, effective August 15, 2023.
07/19 18:52 EST - zacks.com
Marten Transport, Ltd. (MRTN) Meets Q2 Earnings Estimates
Marten Transport, Ltd. (MRTN) came out with quarterly earnings of $0.27 per share, in line with the Zacks Consensus Estimate.
Marten Transport, Ltd. (MRTN) Meets Q2 Earnings Estimates
Marten Transport, Ltd. (MRTN) came out with quarterly earnings of $0.27 per share, in line with the Zacks Consensus Estimate.
07/19 16:01 EST - globenewswire.com
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, 2023, compared with $31.7 million, or 39 cents per diluted share, for the second quarter of 2022. For the six-month period ended June 30, 2023, net income was $44.4 million, or 55 cents per diluted share, compared with $59.2 million, or 72 cents per diluted share, for the 2022 six-month period.
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, 2023, compared with $31.7 million, or 39 cents per diluted share, for the second quarter of 2022. For the six-month period ended June 30, 2023, net income was $44.4 million, or 55 cents per diluted share, compared with $59.2 million, or 72 cents per diluted share, for the 2022 six-month period.
07/12 06:13 EST - seekingalpha.com
Marten Transport: A Very Fair Price To Get In At
Marten Transport Ltd saw a YoY decline in net income in Q1 2023 due to rising operating expenses, including higher fuel prices. However, operating revenues grew 3.8% YoY despite a challenging market environment. MRTN is expanding its business into Mexico, benefiting from the reshoring of manufacturing to North America and increased delivery between the US and Mexico. The company's revenues from temperature-sensitive shipments are also expected to increase.
Marten Transport: A Very Fair Price To Get In At
Marten Transport Ltd saw a YoY decline in net income in Q1 2023 due to rising operating expenses, including higher fuel prices. However, operating revenues grew 3.8% YoY despite a challenging market environment. MRTN is expanding its business into Mexico, benefiting from the reshoring of manufacturing to North America and increased delivery between the US and Mexico. The company's revenues from temperature-sensitive shipments are also expected to increase.
04/18 19:01 EST - zacks.com
Marten Transport, Ltd. (MRTN) Tops Q1 Earnings Estimates
Marten Transport, Ltd. (MRTN) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.27 per share.
Marten Transport, Ltd. (MRTN) Tops Q1 Earnings Estimates
Marten Transport, Ltd. (MRTN) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.27 per share.