MRTN - Marten Transport Ltd Stock Price, Fair Value and News

18.09USD+0.02 (+0.11%)Market Closed

Market Summary

USD18.09+0.02

Market Closed

0.11%

MRTN Alerts

Big fall in Revenue (Y/Y)

Big fall in earnings (Y/Y)

MRTN Stock Price

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MRTN RSI Chart

MRTN Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

25.59

Price/Sales (Trailing)

1.36

EV/EBITDA

7.21

Price/Free Cashflow

9.15

MRTN Price/Sales (Trailing)

MRTN Profitability

EBT Margin

7.12%

Return on Equity

7.54%

Return on Assets

5.79%

Free Cashflow Yield

10.93%

MRTN Fundamentals

MRTN Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

-16.22%

Rev. Growth (Qtr)

-6.92%

MRTN Earnings

Earnings (TTM)

57.5M

Earnings Growth (Yr)

-57.13%

Earnings Growth (Qtr)

-22.2%

Breaking Down MRTN Revenue

Last 7 days

0.6%

Last 30 days

11.9%

Last 90 days

-5.7%

Trailing 12 Months

-15.0%

How does MRTN drawdown profile look like?

MRTN Financial Health

Current Ratio

1.92

Debt/Equity

0.01

Debt/Cashflow

20.4

MRTN Investor Care

Dividend Yield

1.33%

Dividend/Share (TTM)

0.24

Shares Dilution (1Y)

0.16%

Diluted EPS (TTM)

0.71

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	1.1B	0	0	0
2023	1.3B	1.2B	1.2B	1.1B
2022	1.0B	1.1B	1.2B	1.3B
2021	878.8M	898.8M	934.1M	973.6M
2020	862.9M	863.2M	864.2M	874.4M
2019	799.7M	814.7M	830.0M	843.3M
2018	711.9M	737.4M	766.4M	787.6M
2017	682.4M	687.8M	688.0M	698.1M
2016	665.6M	668.1M	667.3M	671.1M
2015	674.8M	670.0M	669.8M	665.0M
2014	654.1M	661.2M	665.6M	672.9M
2013	651.5M	655.9M	659.4M	659.2M
2012	617.3M	623.1M	630.4M	638.5M
2011	529.0M	554.2M	581.9M	603.7M
2010	0	509.6M	513.2M	516.9M
2009	0	0	0	505.9M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Marten Transport Ltd

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	phillips adam daniel	acquired	-	-	3,858	evp & chief operating officer
May 07, 2024	iverson kathleen p	acquired	-	-	3,500	-
May 07, 2024	kohl timothy m	acquired	-	-	9,346	chief executive officer
May 07, 2024	bauer jerry m	acquired	-	-	3,500	-
May 07, 2024	winkel thomas j	acquired	-	-	3,500	-
May 07, 2024	marten randolph l	acquired	-	-	10,179	exec. chairman of the board
May 07, 2024	hinnendael james j	acquired	-	-	5,127	exec. vp and cfo
May 07, 2024	jones patricia l	acquired	-	-	3,500	-
May 07, 2024	demorest robert l	acquired	-	-	3,500	-
May 07, 2024	baier randall john	acquired	-	-	3,733	exec. vp & chief tech. officer

Which funds bought or sold MRTN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Empirical Capital Management, LLC	reduced	-16.05	-2,605,000	7,392,000	6.00%
May 16, 2024	COMERICA BANK	reduced	-7.64	-121,864	531,690	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.87	-217,012	1,122,000	-%
May 16, 2024	JANE STREET GROUP, LLC	new	-	812,233	812,233	-%
May 16, 2024	Beacon Capital Management, LLC	new	-	1,959	1,959	-%
May 15, 2024	D. E. Shaw & Co., Inc.	added	77.14	666,592	1,856,240	-%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	added	63.59	1,981,280	6,473,900	0.01%
May 15, 2024	SILVERCREST ASSET MANAGEMENT GROUP LLC	reduced	-58.86	-4,060,660	2,308,120	0.02%
May 15, 2024	Point72 Hong Kong Ltd	new	-	16,632	16,632	-%
May 15, 2024	Point72 Asset Management, L.P.	new	-	168,168	168,168	-%

Are Funds Buying or Selling MRTN?

Are funds buying MRTN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MRTN

No. of Funds

Unveiling Marten Transport Ltd's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.34%	4,338,538	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	7.2%	5,839,975	SC 13G/A
Feb 06, 2024	victory capital management inc	5.16%	4,197,076	SC 13G/A
Jan 24, 2024	blackrock inc.	11.3%	9,221,304	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	7.4%	6,037,923	SC 13G/A
Feb 09, 2023	vanguard group inc	5.20%	4,220,907	SC 13G
Jan 31, 2023	victory capital management inc	5.75%	4,665,776	SC 13G/A
Jan 26, 2023	blackrock inc.	12.2%	9,924,602	SC 13G/A
Jan 20, 2023	blackrock inc.	12.2%	9,924,602	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	7.2%	5,950,614	SC 13G/A

Recent SEC filings of Marten Transport Ltd

View All Filings

Date Filed	Form Type	Document
May 10, 2024	8-K	Current Report
May 09, 2024	4	Insider Trading
May 09, 2024	10-Q	Quarterly Report
May 09, 2024	4	Insider Trading
May 09, 2024	4	Insider Trading
May 09, 2024	4	Insider Trading
May 09, 2024	4	Insider Trading
May 09, 2024	4	Insider Trading
May 09, 2024	4	Insider Trading
May 09, 2024	4	Insider Trading

Peers (Alternatives to Marten Transport Ltd)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
FDX	63.3B	87.5B	-2.21%	11.64%	14.4	0.72	-5.51%	46.89%
GWW	46.4B	16.6B	-0.47%	39.19%	25.37	2.79	6.06%	9.62%
FAST	38.0B	7.4B	-2.99%	20.26%	32.85	5.15	3.46%	4.06%
JBHT	17.0B	12.5B	-2.04%	-3.51%	25.84	1.36	-13.82%	-28.77%
EXPD	16.7B	8.9B	3.13%	2.83%	23.93	1.87	-40.57%	-43.75%
MID-CAP
CHRW	9.8B	17.4B	22.22%	-17.13%	32.49	0.57	-22.65%	-61.39%
KNX	7.9B	7.3B	1.26%	-10.96%	72.05	1.08	1.23%	-83.48%
AIT	7.6B	4.5B	6.84%	51.37%	20.31	1.7	3.72%	12.24%
BECN	6.1B	9.3B	3.20%	46.41%	14.71	0.66	9.73%	-2.71%
ARCB	2.7B	4.4B	-18.73%	30.53%	21.88	0.61	-10.46%	-59.38%
SMALL-CAP
BXC	873.9M	3.1B	-8.28%	16.64%	18.12	0.29	-22.33%	-73.30%
CYRX	624.1M	225.0M	-24.54%	-36.43%	-5.43	2.77	-9.19%	-264.75%
CVLG	607.8M	1.1B	6.29%	18.92%	14.28	0.54	-6.43%	-58.73%
DSKE	391.3M	1.6B	-0.12%	0.61%	-22.11	0.25	-11.50%	-135.26%
AIRT	64.9M	220.4M	2.77%	-16.00%	-5.97	0.29	16.77%	-270.60%

Marten Transport Ltd News

Latest updates

Marten Transport Ltd Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-6.9%	250	268	280	286	298	323	324	330	287	267	251	232	223	227	216	212	219	217	215	212	199
Operating Expenses	-6.0%	237	253	262	257	269	290	291	289	251	236	223	204	199	202	192	187	201	198	195	192	181
EBITDA Margin	-3.9%	0.18*	0.19*	0.19*	0.20*	0.20*	0.20*	0.21*	0.21*	0.22*	0.22*	0.22*	0.23*	-	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00
Income Taxes	-17.6%	3.00	4.00	5.00	7.00	7.00	8.00	8.00	9.00	8.00	6.00	7.00	7.00	6.00	6.00	6.00	7.00	4.00	3.00	4.00	5.00	4.00
Earnings Before Taxes	-21.1%	13.00	17.00	18.00	29.00	30.00	33.00	34.00	41.00	36.00	31.00	29.00	29.00	24.00	26.00	24.00	25.00	18.00	19.00	20.00	20.00	18.00
EBT Margin	-14.2%	0.07*	0.08*	0.09*	0.10*	0.11*	0.11*	0.12*	0.12*	0.12*	0.11*	0.11*	0.11*	-	-	-	-	-	-	-	-	-
Net Income	-22.2%	10.00	12.00	14.00	22.00	23.00	26.00	26.00	32.00	28.00	25.00	21.00	21.00	18.00	20.00	18.00	18.00	14.00	16.00	17.00	15.00	14.00
Net Income Margin	-14.6%	0.05*	0.06*	0.07*	0.08*	0.08*	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	-	-	-	-	-	-	-	-	-
Free Cashflow	20.2%	46.00	38.00	28.00	49.00	49.00	56.00	65.00	59.00	40.00	43.00	45.00	40.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.3%	993	990	997	1,004	979	966	939	921	885	871	903	884	855	832	859	841	825	797	781	797	775
Current Assets	8.9%	214	197	225	232	244	236	225	238	220	187	212	202	201	176	193	195	160	154	148	193	193
Cash Equivalents	38.6%	74.00	53.00	68.00	81.00	96.00	81.00	71.00	68.00	67.00	57.00	84.00	81.00	89.00	66.00	88.00	75.00	36.00	31.00	40.00	83.00	86.00
Net PPE	-1.9%	777	792	771	771	734	728	712	682	664	682	690	681	653	654	665	644	663	640	630	601	578
Liabilities	-1.0%	231	233	248	264	258	262	256	261	237	219	273	231	220	211	214	211	216	199	198	194	187
Current Liabilities	1.1%	111	110	122	131	120	124	125	131	109	94.00	152	107	98.00	90.00	88.00	88.00	91.00	76.00	85.00	85.00	80.00
Shareholder's Equity	0.7%	762	757	749	740	722	704	682	660	649	652	630	654	635	620	645	629	609	598	583	602	588
Retained Earnings	0.7%	712	707	699	691	674	656	635	614	588	565	544	567	549	534	559	545	529	517	503	524	511
Additional Paid-In Capital	0.6%	50.00	50.00	49.00	49.00	47.00	47.00	46.00	45.00	60.00	86.00	86.00	86.00	85.00	85.00	84.00	84.00	80.00	79.00	79.00	78.00	77.00
Accumulated Depreciation	2.2%	378	370	358	352	349	347	335	311	292	274	268	266	282	276	278	276	274	264	261	257	242
Shares Outstanding	0.1%	81.00	81.00	81.00	81.00	81.00	81.00	81.00	81.00	82.00	83.00	83.00	83.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,348	-	-	-	1,051	-	-	-	1,065	-	-	-	1,081	-	-	-	771	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	20.2%	45,722	38,045	28,132	48,969	49,232	56,268	64,551	58,730	39,940	43,295	44,544	39,795	43,570	34,891	50,640	60,587	43,480	34,439	46,920	37,473	37,628
Share Based Compensation	-23.1%	353	459	501	1,005	354	586	655	1,204	369	661	573	930	336	536	392	726	246	405	393	636	366
Cashflow From Investing	57.9%	-20,249	-48,070	-35,831	-60,359	-28,280	-42,542	-57,412	-35,413	409	-21,592	-40,704	-44,021	-17,417	-12,577	-34,558	-22,558	-36,632	-42,020	-52,719	-39,034	-6,736
Cashflow From Financing	-2.6%	-4,956	-4,829	-4,762	-4,370	-5,264	-4,618	-4,021	-21,470	-30,817	-48,608	-612	-3,685	-3,697	-44,466	-3,126	1,158	-2,173	-1,438	-36,513	-1,173	-2,129
Dividend Payments	0.0%	4,881	4,879	4,878	4,878	4,874	4,854	4,866	4,868	4,975	48,109	-	3,315	3,311	44,661	3,305	2,200	2,200	1,689	37,124	1,676	1,600
Buy Backs	-	-	-	-	-	-	-	-23.50	16,800	25,000	-	-	-	-	-	-	-	597	-	-	-	-

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MRTN Income Statement

2024-03-31

Consolidated Condensed Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating revenue	$ 249,672	$ 298,023
Operating expenses (income):
Salaries, wages and benefits	88,762	98,516
Purchased transportation	41,814	54,103
Fuel and fuel taxes	39,561	46,796
Supplies and maintenance	16,070	15,987
Depreciation	28,527	29,530
Operating taxes and licenses	2,575	2,768
Insurance and claims	11,657	15,070
Communications and utilities	2,371	2,531
Gain on disposition of revenue equipment	(1,171)	(5,246)
Other	7,256	8,958
Total operating expenses	237,422	269,013
Operating income	(12,250)	(29,010)
Other	796	844
Income before income taxes	13,046	29,854
Income taxes expense	3,400	7,352
Net income	$ 9,646	$ 22,502
Basic earnings per common share (in dollars per share)	$ 0.12	$ 0.28
Diluted earnings per common share (in dollars per share)	0.12	0.28
Dividends declared per common share (in dollars per share)	$ 0.06	$ 0.06

MRTN Balance Sheet

2024-03-31

Consolidated Condensed Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 73,730	$ 53,213
Trade, net	105,247	105,501
Other	10,380	10,356
Prepaid expenses and other	24,665	27,512
Total current assets	214,022	196,582
Property and equipment:
Revenue equipment, buildings and land, office equipment and other	1,155,649	1,162,336
Accumulated depreciation	(378,151)	(370,103)
Net property and equipment	777,498	792,233
Other noncurrent assets	1,499	1,524
Total assets	993,019	990,339
Current liabilities:
Accounts payable	37,728	36,516
Insurance and claims accruals	44,297	47,017
Accrued and other current liabilities	29,417	26,709
Total current liabilities	111,442	110,242
Deferred income taxes	118,946	122,462
Noncurrent operating lease liabilities	202	249
Total liabilities	230,590	232,953
Stockholders’ equity:
Preferred stock, $.01 par value per share; 2,000,000 shares authorized; no shares issued and outstanding	0	0
Common stock, $.01 par value per share; 192,000,000 shares authorized; 81,362,709 shares at March 31, 2024, and 81,312,168 shares at December 31, 2023, issued and outstanding	814	813
Additional paid-in capital	50,066	49,789
Retained earnings	711,549	706,784
Total stockholders’ equity	762,429	757,386
Total liabilities and stockholders’ equity	$ 993,019	$ 990,339

About Marten Transport Ltd

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. 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, 2022, the company operated a fleet of 3,660 tractors, that included 3,564 company-owned tractors and 96 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.

WEBSITE	marten.com
INDUSTRY	Integrated Freight & Logistics
EMPLOYEES	4575

Marten Transport Ltd Frequently Asked Questions

What is the ticker symbol for Marten Transport Ltd? What does MRTN stand for in stocks?

MRTN is the stock ticker symbol of Marten Transport Ltd. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Marten Transport Ltd (MRTN)?

As of Fri May 17 2024, market cap of Marten Transport Ltd is 1.47 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MRTN stock?

You can check MRTN's fair value in chart for subscribers.

What is the fair value of MRTN stock?

You can check MRTN's fair value in chart for subscribers. The fair value of Marten Transport Ltd is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Marten Transport Ltd is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MRTN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Marten Transport Ltd a good stock to buy?

The fair value guage provides a quick view whether MRTN is over valued or under valued. Whether Marten Transport Ltd is cheap or expensive depends on the assumptions which impact Marten Transport Ltd's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MRTN.

What is Marten Transport Ltd's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MRTN's PE ratio (Price to Earnings) is 25.59 and Price to Sales (PS) ratio is 1.36. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MRTN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Marten Transport Ltd's stock?

In the past 10 years, Marten Transport Ltd has provided 0.089 (multiply by 100 for percentage) rate of return.