Marten Transport - MRTN Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $23.00
  • Forecasted Upside: 37.48%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$16.73
▲ +0.49 (3.02%)

This chart shows the closing price for MRTN by one month, three months, or twelve months.

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Analyst Price Target for MRTN

Analyst Price Target is $23.00
▲ +37.48% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Marten Transport in the last 3 months. The average price target is $23.00, with a high forecast of $25.00 and a low forecast of $21.00. The average price target represents a 37.48% upside from the last price of $16.73.

This chart shows the closing price for MRTN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 polled investment analysts is to buy stock in Marten Transport. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/31/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/29/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/29/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/26/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/24/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/24/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/23/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/19/2024StephensLower TargetOverweight ➝ Overweight$23.00 ➝ $21.00Low
1/10/2024Vertical ResearchUpgradeHold ➝ Buy$25.00Low
7/20/2023StephensReiterated RatingOverweight ➝ Overweight$27.00Low
10/18/2022StephensBoost TargetOverweight$23.00 ➝ $25.00Low
8/17/2022Vertical ResearchDowngradeBuy ➝ Hold$24.00 ➝ $25.00Low
7/22/2022StephensBoost Target$23.00Low
4/1/2022StephensBoost Target$21.00 ➝ $22.00High
1/26/2022StephensBoost TargetOverweight$20.00 ➝ $21.00High
9/10/2021Raymond JamesInitiated CoverageMarket PerformHigh
3/26/2021Vertical ResearchInitiated CoverageBuy$22.00High
9/2/2020KeyCorpLower TargetOverweight$31.00 ➝ $21.00Low
7/7/2020KeyCorpBoost TargetOverweight$18.00 ➝ $19.33High
6/10/2020Loop CapitalUpgradeHold ➝ Buy$17.33 ➝ $18.00High
5/19/2020Loop CapitalDowngradeBuy ➝ Hold$17.33High
5/6/2020KeyCorpBoost TargetOverweight$16.00 ➝ $18.00Low
4/6/2020StephensUpgradeEqual Weight ➝ Overweight$15.33 ➝ $14.67High
3/30/2020Loop CapitalInitiated CoverageBuy$17.33Medium
3/27/2020KeyCorpLower TargetOverweight$16.67 ➝ $16.00High
9/9/2019KeyCorpUpgradeSector Weight ➝ Overweight$16.67N/A
7/19/2019Stifel NicolausSet TargetHold$12.00N/A
7/1/2019StephensInitiated CoverageHoldLow
(Data available from 4/24/2019 forward)

News Sentiment Rating

-0.11 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

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Skip to Current Sentiment Summary
  • 7 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/26/2023
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 2 very negative mentions
10/26/2023
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/25/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/25/2023
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/24/2024
  • 6 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
2/23/2024
  • 8 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/24/2024
  • 4 very positive mentions
  • 4 positive mentions
  • 6 negative mentions
  • 1 very negative mentions
4/23/2024

Current Sentiment

  • 4 very positive mentions
  • 4 positive mentions
  • 6 negative mentions
  • 1 very negative mentions
Marten Transport logo
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; and regional short-haul and medium-to-long-haul full-load transportation services. 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, 2023, the company operated a fleet of 3,349 tractors, that included 3,255 company-owned tractors and 94 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.
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Today's Range

Now: $16.73
Low: $16.22
High: $16.76

50 Day Range

MA: $18.25
Low: $15.97
High: $19.64

52 Week Range

Now: $16.73
Low: $15.33
High: $23.38

Volume

705,697 shs

Average Volume

475,238 shs

Market Capitalization

$1.36 billion

P/E Ratio

23.56

Dividend Yield

1.45%

Beta

0.79

Frequently Asked Questions

What sell-side analysts currently cover shares of Marten Transport?

The following sell-side analysts have issued stock ratings on Marten Transport in the last twelve months: Stephens, StockNews.com, TheStreet, and Vertical Research.
View the latest analyst ratings for MRTN.

What is the current price target for Marten Transport?

2 Wall Street analysts have set twelve-month price targets for Marten Transport in the last year. Their average twelve-month price target is $23.00, suggesting a possible upside of 37.5%. Vertical Research has the highest price target set, predicting MRTN will reach $25.00 in the next twelve months. Stephens has the lowest price target set, forecasting a price of $21.00 for Marten Transport in the next year.
View the latest price targets for MRTN.

What is the current consensus analyst rating for Marten Transport?

Marten Transport currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MRTN will outperform the market and that investors should add to their positions of Marten Transport.
View the latest ratings for MRTN.

What other companies compete with Marten Transport?

How do I contact Marten Transport's investor relations team?

Marten Transport's physical mailing address is 129 MARTEN STREET, MONDOVI WI, 55402. The transportation company's listed phone number is (715) 926-4216 and its investor relations email address is www.marten.com. The official website for Marten Transport is www.marten.com. Learn More about contacing Marten Transport investor relations.