Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Marten Transport (MRTN) Share Price

Media coverage about Marten Transport (NASDAQ:MRTN) has trended somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Marten Transport earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 46.3512859211057 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Shares of Marten Transport (NASDAQ MRTN) opened at $20.30 on Wednesday. The stock has a market capitalization of $1,112.24, a P/E ratio of 33.28 and a beta of 1.34. Marten Transport has a twelve month low of $12.81 and a twelve month high of $21.15.

Marten Transport (NASDAQ:MRTN) last announced its quarterly earnings results on Thursday, October 19th. The transportation company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The firm had revenue of $170.70 million during the quarter, compared to analyst estimates of $169.67 million. Marten Transport had a return on equity of 7.45% and a net margin of 4.87%. Marten Transport’s quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.26 earnings per share. analysts expect that Marten Transport will post 0.62 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 22nd will be issued a $0.025 dividend. The ex-dividend date is Thursday, December 21st. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.49%. Marten Transport’s payout ratio is 16.39%.

Several research analysts have issued reports on MRTN shares. Zacks Investment Research lowered Marten Transport from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. Stifel Nicolaus restated a “hold” rating and set a $15.00 target price on shares of Marten Transport in a research report on Sunday, October 1st.

ILLEGAL ACTIVITY WARNING: This piece of content was first posted by Community Financial News and is the property of of Community Financial News. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of international copyright laws. The original version of this piece of content can be accessed at https://www.com-unik.info/2017/12/27/somewhat-favorable-press-coverage-somewhat-unlikely-to-impact-marten-transport-mrtn-share-price.html.

About Marten Transport

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.

Insider Buying and Selling by Quarter for Marten Transport (NASDAQ:MRTN)

What are top analysts saying about Marten Transport? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Marten Transport and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit