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

16.63USD-0.10 (-0.60%)Market Closed

Market Summary

USD16.63-0.10

Market Closed

-0.60%

MRTN Stock Price

View Fullscreen

MRTN RSI Chart

MRTN Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

19.22

Price/Sales (Trailing)

1.2

EV/EBITDA

6.17

Price/Free Cashflow

8.23

MRTN Price/Sales (Trailing)

MRTN Profitability

EBT Margin

8.30%

Return on Equity

9.29%

Return on Assets

7.11%

Free Cashflow Yield

12.15%

MRTN Fundamentals

MRTN Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

-16.85%

Rev. Growth (Qtr)

-4.05%

MRTN Earnings

Earnings (TTM)

70.4M

Earnings Growth (Yr)

-51.4%

Earnings Growth (Qtr)

-8.82%

Breaking Down MRTN Revenue

Last 7 days

2.8%

Last 30 days

-9.9%

Last 90 days

-18.4%

Trailing 12 Months

-19%

How does MRTN drawdown profile look like?

MRTN Financial Health

Current Ratio

1.78

Debt/Equity

0.01

Debt/Cashflow

20.84

MRTN Investor Care

Dividend Yield

1.44%

Dividend/Share (TTM)

0.24

Shares Dilution (1Y)

0.21%

Diluted EPS (TTM)

0.87

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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>

Returns of $10,000 invested in:

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

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Marten Transport Ltd

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 12, 2024	petit douglas paul	sold (taxes)	-26,628	19.02	-1,400	president
Mar 12, 2024	phillips adam daniel	sold (taxes)	-11,602	19.02	-610	evp & chief operating officer
Mar 12, 2024	kohl timothy m	sold (taxes)	-68,586	19.02	-3,606	chief executive officer
Mar 12, 2024	baier randall john	sold (taxes)	-13,371	19.02	-703	exec. vp & chief tech. officer
Mar 12, 2024	marten randolph l	sold (taxes)	-71,667	19.02	-3,768	exec. chairman of the board
Mar 12, 2024	hinnendael james j	sold (taxes)	-45,419	19.02	-2,388	exec. vp and cfo
Aug 16, 2023	marten randolph l	gifted	-	-	-750	exec. chairman of the board
May 02, 2023	winkel thomas j	acquired	-	-	3,000	-
May 02, 2023	hagness larry b	acquired	-	-	3,000	-
May 02, 2023	bauer jerry m	acquired	-	-	3,000	-

Which funds bought or sold MRTN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-27.83	-187,000	327,000	-%
Apr 23, 2024	FIFTH THIRD BANCORP	reduced	-23.97	-2,862	5,803	-%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-1.04	-77,794	528,528	0.01%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	-125	2,162	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	new	-	1,865,480	1,865,480	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	38,741	639,995	-%
Apr 22, 2024	Kessler Investment Group, LLC	reduced	-22.12	-12,331	26,944	0.02%
Apr 22, 2024	Oakworth Capital, Inc.	unchanged	-	-625	4,620	-%
Apr 19, 2024	Maryland State Retirement & Pension System	reduced	-2.15	-104,263	341,793	0.01%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-0.97	-96,000	649,000	0.01%

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
Apr 18, 2024	8-K	Current Report
Mar 15, 2024	DEF 14A	DEF 14A
Mar 15, 2024	ARS	ARS
Mar 13, 2024	4	Insider Trading
Mar 13, 2024	4	Insider Trading
Mar 13, 2024	4	Insider Trading
Mar 13, 2024	4	Insider Trading
Mar 13, 2024	4	Insider Trading
Mar 13, 2024	4	Insider Trading
Feb 28, 2024	10-K	Annual Report

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	65.5B	87.5B	-5.82%	18.03%	14.9	0.75	-5.51%	46.89%
GWW	47.1B	16.5B	-4.91%	42.64%	25.49	2.86	8.21%	18.11%
FAST	38.8B	7.4B	-12.04%	27.43%	33.5	5.25	3.46%	4.06%
JBHT	17.0B	12.8B	-14.26%	-4.59%	23.35	1.33	-13.39%	-24.87%
EXPD	16.2B	9.3B	-5.97%	2.94%	21.58	1.75	-45.52%	-44.53%
MID-CAP
CHRW	8.3B	17.6B	-5.19%	-26.00%	25.5	0.47	-28.75%	-65.43%
KNX	7.8B	7.1B	-6.93%	-11.82%	36.07	1.1	-3.86%	-71.85%
AIT	7.2B	4.5B	-4.62%	37.49%	19.22	1.61	7.15%	22.87%
BECN	6.2B	9.1B	2.27%	66.06%	14.18	0.68	8.19%	-5.10%
ARCB	3.2B	4.4B	0.85%	45.16%	16.49	0.73	-11.96%	-34.46%
SMALL-CAP
BXC	970.6M	3.1B	-12.83%	61.41%	20	0.31	-29.52%	-83.61%
CYRX	794.9M	233.3M	-6.83%	-21.37%	-7.98	3.41	-1.70%	-153.19%
CVLG	574.4M	1.1B	-3.42%	23.34%	10.4	0.52	-9.31%	-49.18%
DSKE	391.3M	1.6B	0.24%	4.02%	-22.11	0.25	-11.50%	-135.26%
AIRT	76.6M	220.4M	30.11%	-2.03%	-7.04	0.35	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-4.0%	268	280	286	298	323	324	330	287	267	251	232	223	227	216	212	219	217	215	212	199	204
Operating Expenses	-3.7%	253	262	257	269	290	291	289	251	236	223	204	199	202	192	187	201	198	195	192	181	184
EBITDA Margin	-	0.19*	-	0.20*	0.20*	0.20*	0.21*	0.21*	0.22*	0.22*	0.22*	0.23*	0.23*	0.22*	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00
Income Taxes	-11.2%	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	4.00
Earnings Before Taxes	-9.4%	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	20.00
EBT Margin	-11.1%	0.08*	0.09*	0.10*	0.11*	0.11*	0.12*	0.12*	0.12*	0.11*	0.11*	0.11*	0.11*	-	-	-	-	-	-	-	-	-
Net Income	-8.8%	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	16.00
Net Income Margin	-11.7%	0.06*	0.07*	0.08*	0.08*	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.08*	-	-	-	-	-	-	-	-	-
Free Cashflow	35.2%	38.00	28.00	49.00	49.00	56.00	65.00	59.00	40.00	43.00	45.00	40.00	44.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.7%	990	997	1,004	979	966	939	921	885	871	903	884	855	832	859	841	825	797	781	797	775	754
Current Assets	-12.5%	197	225	232	244	236	225	238	220	187	212	202	201	176	193	195	160	154	148	193	193	164
Cash Equivalents	-21.8%	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	57.00
Net PPE	2.8%	792	771	771	734	728	712	682	664	682	690	681	653	654	665	644	663	640	630	601	578	588
Liabilities	-6.0%	233	248	264	258	262	256	261	237	219	273	231	220	211	214	211	216	199	198	194	187	178
Current Liabilities	-9.4%	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	72.00
Shareholder's Equity	1.1%	757	749	740	722	704	682	660	649	652	630	654	635	620	645	629	609	598	583	602	588	576
Retained Earnings	1.1%	707	699	691	674	656	635	614	588	565	544	567	549	534	559	545	529	517	503	524	511	499
Additional Paid-In Capital	1.0%	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	77.00
Accumulated Depreciation	3.3%	370	358	352	349	347	335	311	292	274	268	266	282	276	278	276	274	264	261	257	242	228
Shares Outstanding	0.0%	81.00	81.00	81.00	81.00	81.00	81.00	81.00	82.00	83.00	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	35.2%	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	42,107
Share Based Compensation	-8.4%	459	501	1,005	354	586	655	1,204	369	661	573	930	336	536	392	726	246	405	393	636	366	1,198
Cashflow From Investing	-34.2%	-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	-16,009
Cashflow From Financing	-1.4%	-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	-5,074
Dividend Payments	0.0%	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	1,361
Buy Backs	-	-	-	-	-	-	-23.50	16,800	25,000	-	-	-	-	-	-	-	597	-	-	-	-	3,800

MRTN Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating revenue	$ 1,131,455	$ 1,263,878	$ 973,644
Operating expenses (income):
Salaries, wages and benefits	378,818	390,304	317,962
Purchased transportation	199,334	249,792	193,221
Fuel and fuel taxes	180,437	218,571	131,288
Supplies and maintenance	67,411	55,700	45,459
Depreciation	116,722	111,014	102,562
Operating taxes and licenses	11,053	10,763	10,534
Insurance and claims	56,014	50,513	41,987
Communications and utilities	10,149	9,177	8,350
Other	35,019	38,079	26,887
Total operating expenses	1,041,345	1,120,534	861,955
Operating income	90,110	143,344	111,689
Other	(3,806)	(827)	(43)
Income before income taxes	93,916	144,171	111,732
Income taxes expense	23,543	33,817	26,304
Net income	$ 70,373	$ 110,354	$ 85,428
Basic earnings per common share (in dollars per share)	$ 0.87	$ 1.35	$ 1.03
Diluted earnings per common share (in dollars per share)	0.86	1.35	1.02
Dividends declared per common share (in dollars per share)	$ 0.24	$ 0.24	$ 0.66
Revenue Equipment [Member]
Operating expenses (income):
Gain on disposition of property, plant and equipment	$ (13,612)	$ (13,379)	$ (16,295)

MRTN Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 53,213	$ 80,600
Receivables:
Trade, less allowances of $497 and $500, respectively	105,501	120,702
Other	10,356	7,218
Prepaid expenses and other	27,512	27,320
Total current assets	196,582	235,840
Property and equipment:
Less accumulated depreciation	(370,103)	(346,665)
Net property and equipment	792,233	728,167
Other noncurrent assets	1,524	1,672
Total assets	990,339	965,679
Current liabilities:
Accounts payable	36,516	37,299
Insurance and claims accruals	47,017	45,747
Accrued and other current liabilities	26,709	41,264
Total current liabilities	110,242	124,310
Deferred income taxes	122,462	137,041
Noncurrent operating lease liabilities	249	409
Total liabilities	232,953	261,760
Commitments and Contingencies
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; 81,312,168 shares at December 31, 2023, and 81,115,132 shares at December 31, 2022, issued and outstanding	813	811
Additional paid-in capital	49,789	47,188
Retained earnings	706,784	655,920
Total stockholders’ equity	757,386	703,919
Total liabilities and stockholders’ equity	990,339	965,679
Revenue Equipment [Member]
Property and equipment:
Revenue equipment	996,396	915,866
Land and Building [Member]
Property and equipment:
Revenue equipment	108,867	102,877
Office Equipment [Member]
Property and equipment:
Revenue equipment	$ 57,073	$ 56,089

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 Wed Apr 24 2024, market cap of Marten Transport Ltd is 1.35 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 Wed Apr 24 2024, MRTN's PE ratio (Price to Earnings) is 19.22 and Price to Sales (PS) ratio is 1.2. 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 0.075 (multiply by 100 for percentage) rate of return.