Several brokerages have updated their recommendations and price targets on shares of Marten Transport (NASDAQ: MRTN) in the last few weeks:

  • 10/4/2017 – Marten Transport was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Marten Transport, Ltd. is a long-haul truckload carrier providing protective service and time- sensitive transportation. Protective service transportation means temperature controlled or insulated carriage of temperature-sensitive materials and general commodities. “
  • 10/3/2017 – Marten Transport was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $23.00 price target on the stock. According to Zacks, “Marten Transport, Ltd. is a long-haul truckload carrier providing protective service and time- sensitive transportation. Protective service transportation means temperature controlled or insulated carriage of temperature-sensitive materials and general commodities. “
  • 10/1/2017 – Marten Transport had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $15.00 price target on the stock.
  • 9/21/2017 – Marten Transport was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Marten Transport, Ltd. is a long-haul truckload carrier providing protective service and time- sensitive transportation. Protective service transportation means temperature controlled or insulated carriage of temperature-sensitive materials and general commodities. “
  • 9/7/2017 – Marten Transport was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $20.00 price target on the stock. According to Zacks, “Marten Transport, Ltd. is a long-haul truckload carrier providing protective service and time- sensitive transportation. Protective service transportation means temperature controlled or insulated carriage of temperature-sensitive materials and general commodities. “
  • 9/6/2017 – Marten Transport was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Marten Transport, Ltd. is a long-haul truckload carrier providing protective service and time- sensitive transportation. Protective service transportation means temperature controlled or insulated carriage of temperature-sensitive materials and general commodities. “
  • 8/25/2017 – Marten Transport was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 8/23/2017 – Marten Transport was given a new $15.00 price target on by analysts at Stifel Nicolaus. They now have a “hold” rating on the stock.
  • 8/19/2017 – Marten Transport was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $18.00 price target on the stock. According to Zacks, “Marten Transport, Ltd. is a long-haul truckload carrier providing protective service and time- sensitive transportation. Protective service transportation means temperature controlled or insulated carriage of temperature-sensitive materials and general commodities. “
  • 8/18/2017 – Marten Transport was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Marten Transport, Ltd. is a long-haul truckload carrier providing protective service and time- sensitive transportation. Protective service transportation means temperature controlled or insulated carriage of temperature-sensitive materials and general commodities. “
  • 8/16/2017 – Marten Transport was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

Shares of Marten Transport, Ltd. (NASDAQ:MRTN) traded down 1.139% on Thursday, hitting $19.525. 88,868 shares of the stock were exchanged. The stock has a market cap of $1.06 billion, a PE ratio of 31.391 and a beta of 1.32. Marten Transport, Ltd. has a 52-week low of $11.22 and a 52-week high of $21.15. The company’s 50 day moving average is $18.49 and its 200-day moving average is $16.16.

Marten Transport (NASDAQ:MRTN) last released its quarterly earnings data on Thursday, July 20th. The transportation company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. The company had revenue of $171.51 million for the quarter, compared to analysts’ expectations of $176.08 million. Marten Transport had a net margin of 4.96% and a return on equity of 7.72%. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter last year, the company earned $0.26 earnings per share. Analysts predict that Marten Transport, Ltd. will post $0.62 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were given a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, September 14th. This is a positive change from Marten Transport’s previous quarterly dividend of $0.02. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.51%. Marten Transport’s dividend payout ratio (DPR) is 15.97%.

Marten Transport, Ltd. is a temperature-sensitive truckload carrier. The Company focuses on transporting and distributing food and other consumer-packaged goods that require a temperature-controlled or insulated environment. The Company operates through four segments: Truckload, Dedicated, Intermodal and Brokerage.

Receive News & Ratings for Marten Transport Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marten Transport Ltd and related companies with MarketBeat.com's FREE daily email newsletter.