Marten Transport
MRTN

$17.12

0%

Market Cap: $1.39B

About: Marten Transport Ltd is a temperature-sensitive truckload carrier in the United States. It is engaged in transporting and distributing food and other consumer packaged goods which requires a temperature-controlled or insulated environment. The company operates through four segments including Truckload, Dedicated, Intermodal, and Brokerage. It generates maximum revenue from the Truckload segment. The Truckload segment provides a combination of regional short-haul and medium-to-long-haul full-load transportation services.

Employees: 4,213

Industrials Trucking, Except Local

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

19% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 62

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

0.99% less ownership

Funds ownership: 70.28% [Q1] → 69.29% (-0.99%) [Q2]

2% less capital invested

Capital invested by funds: $1.06B [Q1] → $1.04B (-$16.2M) [Q2]

5% less funds holding

Funds holding: 200 [Q1] → 190 (-10) [Q2]

28% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 36

100% less call options, than puts

Call options by funds: $16K | Put options by funds: $6.74M

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Research analyst outlook

We haven’t received any recent analyst ratings for MRTN.

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Financial journalist opinion

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.

MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND

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.

Marten Transport Announces Second Quarter Results

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.

Marten Transport: On A Road To Recovery Navigating A Freight Recession

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.

Marten Transport: Signs Of Improvement Justify A Neutral Stance As Earnings Near

Zacks Investment Research

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

MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND

MONDOVI, Wis., May 07, 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 June 28, 2024 to stockholders of record at the close of business on June 14, 2024.

MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND

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

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

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 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

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