3-Mar-2025
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MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND
Globe Newswire (Fri, 21-Feb 4:02 PM ET)
Marten Transport Announces Fourth Quarter and Year End Results
Globe Newswire (Mon, 27-Jan 4:05 PM ET)
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.
Marten Transport Ltd. trades on the NASDAQ stock market under the symbol MRTN.
As of March 3, 2025, MRTN stock price declined to $14.53 with 357,801 million shares trading.
MRTN has a beta of 0.98, meaning it tends to be less sensitive to market movements. MRTN has a correlation of 0.24 to the broad based SPY ETF.
MRTN has a market cap of $1.18 billion. This is considered a Small Cap stock.
Last quarter Marten Transport Ltd. reported $230 million in Revenue and $.07 earnings per share. This fell short of revenue expectation by $-4 million and exceeded earnings estimates by $.01.
In the last 3 years, MRTN traded as high as $23.43 and as low as $14.37.
The top ETF exchange traded funds that MRTN belongs to (by Net Assets): IJR, VTI, AVUV, IWM, VXF.
MRTN has underperformed the market in the last year with a price return of -21.1% while the SPY ETF gained +16.7%. MRTN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -15.6% and -5.4%, respectively, while the SPY returned -2.2% and -4.3%, respectively.
MRTN support price is $14.46 and resistance is $14.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MRTN shares will trade within this expected range on the day.