Marten Transport

Marten Transport Ltd. engages in the provision of temperature-sensitive truckload carrier services. It operates through the following segments: Truckload, Dedicated, Intermodal and Brokerage. The Truckload segment includes transport of food and consumer packaged goods that require a temperature-controlled or insulated environment. The Dedicated segment provides transportation solutions to individual customers using temperature-controlled trailers, dry vans, and specialized equipment. The Intermodal segment transports freight utilizing temperature-controlled trailers and dry containers on railroad flatcars for portions of trips. The Brokerage segment is involved in arranging smaller third-party carriers to transport freight for customers in temperature-controlled trailers and dry vans. The company was founded by Roger R. Marten in 1946 and is headquartered in Mondovi, WI.

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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., 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 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

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

Apollo Commercial Real Estate Finance

Energizer Holdings

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

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., 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

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'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

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

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

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

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. (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 reports an EPS of $0.31, which is $0.01 higher than last year and revenue beat expectations by $4.43 million to $322.58M. Through its diversified business platforms, the company has been increasing top and bottom line performance consecutively since 2018, irrespective of the numerous market environment challenges.

Marten Transport: Sturdy Business Leads To Sturdy 2022 Results

Truckload carrier Marten Transport brought in a lot more revenue in the fourth quarter of 2022 compared to a year earlier but posted a much smaller gain in net income. Net of fuel, operating revenue at Marten (NASDAQ: MRTN) rose 15.8%, though total operating revenue, which included fuel, climbed 20.9%, to $322.6 million from $266.9 million in the fourth quarter of 2021.

Marten revenue up but net income growth lowest in over 2 years

Marten Transport, Ltd. (MRTN) delivered earnings and revenue surprises of 3.33% and 0.09%, respectively, for the quarter ended December 2022.

Marten Transport, Ltd. (MRTN) Q4 Earnings and Revenues Surpass Estimates

Marten Transport, Ltd. (MRTN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

Marten Transport, Ltd. (MRTN) Earnings Expected to Grow: What to Know Ahead of Q4 Release

Marten Transport, Ltd. maintains a stable performance amidst inflationary headwinds. It outperforms the industry with its above-peer-average growth and margins.

Marten Transport: Stable Fundamentals But Stock Price Near Its Maximum

Marten Transport's earnings, the first out of the gate for truckload carriers, showed some signs of the market weakness that is evident in growing capacity and falling rates, but they weren't quite flashing red. Some operating comparisons to the third quarter of 2021 were flat to weaker depending on the segment.

Marten's Q3 mixed compared to year ago but slows from Q2

Marten Transport, Ltd. (MRTN) delivered earnings and revenue surprises of -5.88% and 0.96%, respectively, for the quarter ended September 2022.

Marten Transport, Ltd. (MRTN) Q3 Earnings Miss Estimates

Covenant Logistics Group Inc

Heartland Express

Knight-Swift Transportation Holdings

P.A.M. Transportation Services

As the stock market correction deepens, trucking stocks like Covenant, Marten, Heartland Express and Knight-Swift are holding up well. The post Trucking Stocks Race Up Rankings As Stock Market Correction Deepens appeared first on Investor's Business Daily.

Trucking Stocks Race Up Rankings As Stock Market Correction Deepens

Marten Transport has outperformed the transport sector year-to-date with returns of 14.43%. Transport stocks are cyclical and closely linked to market conditions, however, they are also experiencing an ongoing surplus in demand due to changing consumer buying habits.

Marten Transport: An Outperformer In The Transport Sector

Avis Budget Group

Otter Tail

Otter Tail (OTTR), Marten Transport (MRTN) and Avis Budget (CAR) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.

3 Momentum Anomaly Picks as Markets Remain Wary of Fed Hike

Marten Transport, Ltd. (MRTN) is at a 52-week high, but can investors hope for more gains in the future?

News for Marten Transport Stock (MRTN)