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Marten Transport, Ltd.MRTN
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Overview >
Market Cap
1.07B
Revenue (ttm)
963.71M
Net Income (ttm)
26.92M
Shares Out
81.46M
EPS (ttm)
0.33
PE Ratio
40.39
Forward PE
36.35
Dividend
$0.24 (1.84%)
Ex-Dividend Date
Mar 14, 2025
Volume
168,449
Open
13.19
Previous Close
13.33
Day's Range
12.85 - 13.21
52-Week Range
12.52 - 19.26
Beta
1.02
Analysts
Buy
Price Target
19.00 (+44.98%)
Earnings Date
Apr 16, 2025
Description >

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.

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