Marten Transport (MRTN) Stock Forecast, Price Target & Predictions
MRTN Stock Forecast
Marten Transport stock forecast is as follows: an average price target of $22.50 (represents a 35.14% upside from MRTN’s last price of $16.65) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
MRTN Price Target
MRTN Analyst Ratings
Hold
Marten Transport Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
May 15, 2024 | David Hicks | Raymond James | $20.00 | $18.04 | 10.86% | 20.12% |
Jan 10, 2024 | Jeffrey Kauffman | Vertical Research | $25.00 | $20.01 | 24.94% | 50.15% |
10
Marten Transport Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 2 |
Avg Price Target | - | - | $22.50 |
Last Closing Price | $16.65 | $16.65 | $16.65 |
Upside/Downside | -100.00% | -100.00% | 35.14% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 14, 2024 | Raymond James | - | Market Perform | Downgrade |
Jul 09, 2024 | Vertical Research | Buy | Hold | Downgrade |
Jan 10, 2024 | Vertical Research | - | Buy | Upgrade |
Oct 18, 2022 | Stephens | Overweight | Overweight | Hold |
10
Marten Transport Financial Forecast
Marten Transport Revenue Forecast
Quarter
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | $268.22M | $279.54M | $285.67M | $298.02M | $322.58M | $324.45M | $329.56M | $287.28M | $266.88M | $251.28M | $232.44M | $223.05M | $227.33M | $216.01M | $212.38M | $218.65M | $217.19M | $214.97M | $212.09M | $199.02M | $186.96M | $173.16M |
Avg Forecast | $270.00M | $258.75M | $244.80M | $231.00M | $232.91M | $240.98M | $249.11M | $262.77M | $271.62M | $280.65M | $296.93M | $309.89M | $316.33M | $318.91M | $290.70M | $263.02M | $262.42M | $237.38M | $239.37M | $224.72M | $226.80M | $219.57M | $205.38M | $207.55M | $206.73M | $208.10M | $201.27M | $190.82M | $186.96M | $138.53M |
High Forecast | $270.90M | $259.61M | $245.61M | $231.77M | $233.68M | $245.35M | $249.11M | $262.77M | $278.69M | $281.58M | $297.92M | $310.92M | $317.38M | $318.91M | $290.70M | $263.02M | $262.42M | $237.38M | $239.37M | $224.72M | $226.80M | $219.57M | $205.38M | $207.55M | $206.73M | $208.10M | $201.27M | $190.82M | $224.35M | $166.23M |
Low Forecast | $269.08M | $257.87M | $243.96M | $230.21M | $232.11M | $236.60M | $249.11M | $262.77M | $264.56M | $279.69M | $295.92M | $308.83M | $315.25M | $318.91M | $290.70M | $263.02M | $262.42M | $237.38M | $239.37M | $224.72M | $226.80M | $219.57M | $205.38M | $207.55M | $206.73M | $208.10M | $201.27M | $190.82M | $149.57M | $110.82M |
# Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 8 | 12 |
Surprise % | - | - | - | - | - | - | - | - | 0.99% | 1.00% | 0.96% | 0.96% | 1.02% | 1.02% | 1.13% | 1.09% | 1.02% | 1.06% | 0.97% | 0.99% | 1.00% | 0.98% | 1.03% | 1.05% | 1.05% | 1.03% | 1.05% | 1.04% | 1.00% | 1.25% |
Forecast
Marten Transport EBITDA Forecast
Quarter
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 8 | 12 |
EBITDA | - | - | - | - | - | - | - | - | $42.60M | $11.20M | $21.11M | $18.52M | $26.87M | $31.63M | $31.31M | $26.78M | $56.66M | $53.88M | $54.07M | $49.70M | $51.48M | $50.00M | $51.24M | $43.56M | $43.89M | $44.58M | $43.80M | $40.55M | $35.60M | $35.18M |
Avg Forecast | $52.40M | $50.22M | $47.51M | $44.83M | $45.20M | $46.77M | $48.35M | $63.05M | $52.71M | $54.47M | $57.63M | $57.32M | $52.73M | $31.71M | $28.90M | $45.31M | $26.09M | $23.60M | $23.80M | $44.73M | $22.55M | $21.83M | $20.42M | $40.83M | $20.55M | $20.69M | $20.01M | $38.02M | $35.60M | $26.39M |
High Forecast | $52.57M | $50.38M | $47.67M | $44.98M | $45.35M | $47.62M | $48.35M | $75.66M | $54.09M | $54.65M | $57.82M | $68.79M | $63.28M | $31.71M | $28.90M | $54.38M | $26.09M | $23.60M | $23.80M | $53.67M | $22.55M | $21.83M | $20.42M | $49.00M | $20.55M | $20.69M | $20.01M | $45.62M | $42.72M | $31.66M |
Low Forecast | $52.22M | $50.04M | $47.35M | $44.68M | $45.05M | $45.92M | $48.35M | $50.44M | $51.34M | $54.28M | $57.43M | $45.86M | $42.19M | $31.71M | $28.90M | $36.25M | $26.09M | $23.60M | $23.80M | $35.78M | $22.55M | $21.83M | $20.42M | $32.67M | $20.55M | $20.69M | $20.01M | $30.42M | $28.48M | $21.11M |
Surprise % | - | - | - | - | - | - | - | - | 0.81% | 0.21% | 0.37% | 0.32% | 0.51% | 1.00% | 1.08% | 0.59% | 2.17% | 2.28% | 2.27% | 1.11% | 2.28% | 2.29% | 2.51% | 1.07% | 2.14% | 2.15% | 2.19% | 1.07% | 1.00% | 1.33% |
Forecast
Marten Transport Net Income Forecast
Quarter
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 8 | 12 |
Net Income | - | - | - | - | - | - | - | - | $12.40M | $13.60M | $21.87M | $22.50M | $25.51M | $25.65M | $31.66M | $27.53M | $24.73M | $21.27M | $21.42M | $18.01M | $19.60M | $18.04M | $18.13M | $13.72M | $15.75M | $16.59M | $15.19M | $13.55M | $10.33M | $8.21M |
Avg Forecast | $12.63M | $11.41M | $9.37M | $5.30M | $4.97M | $5.28M | $9.33M | $28.00M | $14.69M | $14.81M | $22.54M | $25.45M | $23.02M | $27.37M | $26.19M | $20.12M | $21.31M | $20.82M | $21.12M | $16.21M | $17.65M | $16.15M | $12.49M | $12.86M | $15.02M | $15.20M | $14.52M | $12.70M | $10.33M | $6.16M |
High Forecast | $12.69M | $11.46M | $9.41M | $5.32M | $4.99M | $5.30M | $9.35M | $33.60M | $14.75M | $14.87M | $22.64M | $30.54M | $27.62M | $27.37M | $26.19M | $24.14M | $21.31M | $20.82M | $21.12M | $19.45M | $17.65M | $16.15M | $12.49M | $15.43M | $15.02M | $15.20M | $14.52M | $15.24M | $12.40M | $7.39M |
Low Forecast | $12.58M | $11.36M | $9.33M | $5.27M | $4.94M | $5.26M | $9.31M | $22.40M | $14.62M | $14.74M | $22.44M | $20.36M | $18.41M | $27.37M | $26.19M | $16.10M | $21.31M | $20.82M | $21.12M | $12.96M | $17.65M | $16.15M | $12.49M | $10.29M | $15.02M | $15.20M | $14.52M | $10.16M | $8.26M | $4.93M |
Surprise % | - | - | - | - | - | - | - | - | 0.84% | 0.92% | 0.97% | 0.88% | 1.11% | 0.94% | 1.21% | 1.37% | 1.16% | 1.02% | 1.01% | 1.11% | 1.11% | 1.12% | 1.45% | 1.07% | 1.05% | 1.09% | 1.05% | 1.07% | 1.00% | 1.33% |
Forecast
Marten Transport SG&A Forecast
Quarter
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 8 | 12 |
SG&A | - | - | - | - | - | - | - | - | $2.52M | $15.84M | $14.99M | $17.60M | $14.96M | $14.08M | $15.68M | $14.97M | $12.68M | $12.68M | $11.45M | $13.53M | $14.34M | $13.24M | $13.61M | $14.27M | $10.75M | $11.52M | $11.81M | $11.82M | $11.97M | $10.49M |
Avg Forecast | $14.69M | $14.08M | $13.32M | $12.57M | $12.67M | $13.11M | $13.55M | $15.22M | $14.78M | $15.27M | $16.16M | $13.84M | $11.80M | $14.40M | $13.13M | $10.94M | $11.85M | $10.72M | $10.81M | $12.18M | $10.24M | $9.91M | $9.27M | $13.38M | $9.33M | $9.40M | $9.09M | $11.09M | $11.97M | $7.87M |
High Forecast | $14.74M | $14.13M | $13.36M | $12.61M | $12.71M | $13.35M | $13.55M | $18.27M | $15.16M | $15.32M | $16.21M | $16.61M | $14.16M | $14.40M | $13.13M | $13.13M | $11.85M | $10.72M | $10.81M | $14.61M | $10.24M | $9.91M | $9.27M | $16.05M | $9.33M | $9.40M | $9.09M | $13.30M | $14.37M | $9.45M |
Low Forecast | $14.64M | $14.03M | $13.27M | $12.53M | $12.63M | $12.87M | $13.55M | $12.18M | $14.40M | $15.22M | $16.10M | $11.07M | $9.44M | $14.40M | $13.13M | $8.75M | $11.85M | $10.72M | $10.81M | $9.74M | $10.24M | $9.91M | $9.27M | $10.70M | $9.33M | $9.40M | $9.09M | $8.87M | $9.58M | $6.30M |
Surprise % | - | - | - | - | - | - | - | - | 0.17% | 1.04% | 0.93% | 1.27% | 1.27% | 0.98% | 1.19% | 1.37% | 1.07% | 1.18% | 1.06% | 1.11% | 1.40% | 1.34% | 1.47% | 1.07% | 1.15% | 1.23% | 1.30% | 1.07% | 1.00% | 1.33% |
Forecast
Marten Transport EPS Forecast
Quarter
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 8 | 12 |
EPS | - | - | - | - | - | - | - | - | $0.15 | $0.17 | $0.27 | $0.28 | $0.31 | $0.32 | $0.39 | $0.33 | $0.30 | $0.26 | $0.26 | $0.22 | $0.24 | $0.22 | $0.22 | $0.17 | $0.19 | $0.20 | $0.19 | $0.17 | $0.13 | $0.10 |
Avg Forecast | $0.15 | $0.14 | $0.12 | $0.07 | $0.06 | $0.06 | $0.11 | $0.12 | $0.18 | $0.18 | $0.28 | $0.27 | $0.30 | $0.34 | $0.32 | $0.26 | $0.26 | $0.26 | $0.26 | $0.20 | $0.22 | $0.20 | $0.15 | $0.16 | $0.18 | $0.19 | $0.18 | $0.16 | $0.19 | $0.09 |
High Forecast | $0.16 | $0.14 | $0.12 | $0.07 | $0.06 | $0.07 | $0.11 | $0.12 | $0.18 | $0.18 | $0.28 | $0.27 | $0.30 | $0.34 | $0.32 | $0.26 | $0.26 | $0.26 | $0.26 | $0.20 | $0.22 | $0.20 | $0.15 | $0.16 | $0.18 | $0.19 | $0.18 | $0.16 | $0.23 | $0.11 |
Low Forecast | $0.15 | $0.14 | $0.11 | $0.06 | $0.06 | $0.06 | $0.11 | $0.12 | $0.18 | $0.18 | $0.28 | $0.27 | $0.30 | $0.34 | $0.32 | $0.26 | $0.26 | $0.26 | $0.26 | $0.20 | $0.22 | $0.20 | $0.15 | $0.16 | $0.18 | $0.19 | $0.18 | $0.16 | $0.15 | $0.07 |
Surprise % | - | - | - | - | - | - | - | - | 0.83% | 0.94% | 0.98% | 1.03% | 1.04% | 0.95% | 1.21% | 1.28% | 1.15% | 1.02% | 1.00% | 1.09% | 1.11% | 1.11% | 1.43% | 1.04% | 1.05% | 1.07% | 1.05% | 1.05% | 0.67% | 1.11% |
Forecast
Marten Transport Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
MRTN | Marten Transport | $16.65 | $22.50 | 35.14% | Hold |
HTLD | Heartland Express | $12.22 | $16.33 | 33.63% | Hold |
WERN | Werner Enterprises | $39.30 | $41.67 | 6.03% | Sell |
KNX | Knight-Swift Transportation | $56.21 | $59.40 | 5.68% | Buy |
SNDR | Schneider National | $31.41 | $28.88 | -8.05% | Buy |
ULH | Universal Logistics | $49.14 | $36.00 | -26.74% | - |