Vertical Research initiated coverage on Marten Transport with a new price target
$MRTN
Trucking Freight/Courier Services
Industrials
Vertical Research initiated coverage of Marten Transport with a rating of Buy and set a new price target of $22.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/14/2024 | Outperform → Mkt Perform | Raymond James | |
| 7/9/2024 | $22.00 → $19.00 | Buy → Hold | Vertical Research |
| 5/15/2024 | $20.00 | Outperform | Raymond James |
| 1/10/2024 | $25.00 | Hold → Buy | Vertical Research |
| 8/17/2022 | $24.00 → $25.00 | Buy → Hold | Vertical Research |
| 1/26/2022 | $20.00 → $21.00 | Overweight | Stephens & Co. |
| 9/10/2021 | Market Perform | Raymond James | |
| 8/9/2021 | Overweight → Sector Weight | Keybanc |
4 - MARTEN TRANSPORT LTD (0000799167) (Issuer)
4 - MARTEN TRANSPORT LTD (0000799167) (Issuer)
4 - MARTEN TRANSPORT LTD (0000799167) (Issuer)
Marten Transport (NASDAQ:MRTN) reported quarterly earnings of $0.10 per share which missed the analyst consensus estimate of $0.11 by 9.09 percent. The company reported quarterly sales of $246.200 million which missed the analyst consensus estimate of $249.110 million by 1.17 percent. This is a 25.85 percent increase over sales of $195.636 million the same period last year.
Raymond James analyst Felix Boeschen reinstates Marten Transport (NASDAQ:MRTN) with a Outperform and announces $20 price target.
Stephens & Co. analyst Daniel Imbro maintains Marten Transport (NASDAQ:MRTN) with a Overweight and lowers the price target from $23 to $21.
4 - MARTEN TRANSPORT LTD (0000799167) (Issuer)
MONDOVI, Wis., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $3.8 million, or 5 cents per diluted share, for the third quarter ended September 30, 2024, compared with $13.6 million, or 17 cents per diluted share, for the third quarter of 2023. For the nine-month period ended September 30, 2024, net income was $21.3 million, or 26 cents per diluted share, compared with $58.0 million, or 71 cents per diluted share, for the 2023 nine-month period. Operating revenue was $237.4 million for the third quarter of 2024 compared with $279.5 million for the third quarter of 2023. Excluding fuel surcharges, operating revenue was $207.9 millio
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. This is Marten's 57th consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $246.7 million in cash dividends, including special dividends totaling $134.9 million in 2021, 2020, 2019 and 2012, since the dividend program was implemented in 2010. Marten Transport, with headquarters in Mondovi, Wis., is a
MONDOVI, Wis., July 18, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (NASDAQ: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. Operating revenue was $246.2 million for the second quarter of 2024 compared with $285.7 million for the second quarter of 2023. Excluding fuel surcharges, operating revenue was $213.5 million for the 20
SC 13G/A - MARTEN TRANSPORT LTD (0000799167) (Subject)
SC 13G/A - MARTEN TRANSPORT LTD (0000799167) (Subject)
SC 13G/A - MARTEN TRANSPORT LTD (0000799167) (Subject)
Raymond James downgraded Marten Transport from Outperform to Mkt Perform
Vertical Research downgraded Marten Transport from Buy to Hold and set a new price target of $19.00 from $22.00 previously
Raymond James resumed coverage of Marten Transport with a rating of Outperform and set a new price target of $20.00
MONDOVI, Wis., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $3.8 million, or 5 cents per diluted share, for the third quarter ended September 30, 2024, compared with $13.6 million, or 17 cents per diluted share, for the third quarter of 2023. For the nine-month period ended September 30, 2024, net income was $21.3 million, or 26 cents per diluted share, compared with $58.0 million, or 71 cents per diluted share, for the 2023 nine-month period. Operating revenue was $237.4 million for the third quarter of 2024 compared with $279.5 million for the third quarter of 2023. Excluding fuel surcharges, operating revenue was $207.9 millio
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. This is Marten's 57th consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $246.7 million in cash dividends, including special dividends totaling $134.9 million in 2021, 2020, 2019 and 2012, since the dividend program was implemented in 2010. Marten Transport, with headquarters in Mondovi, Wis., is a
MONDOVI, Wis., July 18, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (NASDAQ: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. Operating revenue was $246.2 million for the second quarter of 2024 compared with $285.7 million for the second quarter of 2023. Excluding fuel surcharges, operating revenue was $213.5 million for the 20
10-Q - MARTEN TRANSPORT LTD (0000799167) (Filer)
8-K - MARTEN TRANSPORT LTD (0000799167) (Filer)
8-K - MARTEN TRANSPORT LTD (0000799167) (Filer)
MONDOVI, Wis., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (NASDAQ: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. "I'm extremely pleased to announce the appointment of Adam Phillips as our Executive Vice President and Chief Operating Officer. Adam's appointment is a continuation of our plan to develop and transition to our next generation of leadership," said Randy Marten, Executive Chairman of the Board of Directors. "Adam will continue to be an integral member of our leadership team involved in our strategic business vision and day-
MONDOVI, Wis., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (NASDAQ: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. "I'm extremely pleased to announce the appointment of Randy Baier as our Executive Vice President and Chief Technology Officer," said Randy Marten, Executive Chairman of the Board of Directors. "Randy will continue to be a key member of our leadership team involved in our strategic business vision and day-to-day operations. Randy's exemplary professional and managerial skills combined with decades of experience are integral to the management of ou
MONDOVI, Wis., Aug. 30, 2021 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (NASDAQ:MRTN) announced that its Board of Directors has appointed Douglas P. Petit as its new President, effective today. Doug Petit will succeed Tim Kohl, who has served as the Company's President since 2008. Tim Kohl was recently appointed as Chief Executive Officer on May 4, 2021. "I'm extremely pleased to announce the appointment of Doug Petit as our President. Doug's appointment is a continuation of our plan to develop and transition to our next generation of leadership. As our Chief Operating Officer, Doug has been a key leader in our successful business transition and growth. Now as our President, Doug will b