Marten Transport (MRTN)

Marten Transport Ltd. engages in the provision of temperature-sensitive truckload carrier services. It operates through the following segments: Truckload, Dedicated, Intermodal, and Brokerage. The Truckload segment includes transport of food and consumer packaged goods that require a temperature-controlled or insulated environment. The Dedicated segment provides transportation solutions to individual customers using temperature-controlled trailers, dry vans, and specialized equipment. The Intermodal segment offers transports its customer's freight utilizing temperature-controlled trailers and dry containers on railroad flatcars for portions of trips. The Brokerage segment involves in arranging smaller third-party carriers to transport freight for its customers in temperature-controlled trailers and dry vans. The company was founded by Roger R. Marten in 1946 and is headquartered in Mondovi, WI.

Company profile

Ticker

MRTN

Exchange

NASDAQ

Website

www.marten.com

CEO

Randolph L. Marten

Incorporated

Delaware

Location

Wisconsin

Fiscal year end

Dec 31

Sector

Transportation and Warehousing > General Freight Trucking, Local

Industry (SIC)

Trucking (No Local)

Schneider National • Knight-Swift Transportation • Yellow • J.B. Hunt Transport Services • Old Dominion Freight Line • Werner Enterprises • ArcBest • Landstar System • U.S. Xpress Enterprises • Heartland Express ...

SEC CIK

0000799167

Corporate docs

Articles of Incorporation & Bylaws

Indentures

Material Contracts & Credit Agreements

IRS number

391140809

MRTN stock data

1M 1Y 5Y

News

From Benzinga Pro

20 Jul 22

Gainers Applied Blockchain, Inc. (NASDAQ: APLD) shares climbed 100% to close at $2.12 on Tuesday after the company reported a 200-megawatt five-year hosting contract with Marathon Digital Holdings and raised its Q4 revenue forecast.

10 Industrials Stocks Moving In Tuesday's Intraday Session

19 Jul 22

This Financial Services Stock Is Trading Higher By 50%, Here Are 40 Stocks Moving In Tuesday's Mid-Day Session

19 Jul 22

Gainers Applied Blockchain, Inc. (NASDAQ: APLD) jumped 50.1% to $1.5907 after the company reported a 200-megawatt five-year hosting contract with Marathon Digital Holdings and raised its Q4 revenue forecast.

Marten Transport Shares Rise After Q2 Results Exceed Expectations

18 Jul 22

Marten Transport Q2 EPS $0.39 Beats $0.32 Estimate, Sales $329.56M Beat $282.70M Estimate

18 Jul 22

Press releases

From Benzinga Pro

Marten Transport Announces Second Quarter Results

18 Jul 22

MONDOVI, Wis., July 18, 2022 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (NASDAQ:MRTN) today reported a 47.8% improvement in net income to $31.7 million, or 39 cents per diluted share, for the second quarter ended June

Calendar

8 Aug 22

11 Aug 22

31 Dec 22

Financial summary

Financial statements Chart MRTN financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	68.37M	68.37M	68.37M	68.37M	68.37M	68.37M
Cash burn (monthly)	(no burn)	1.02M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	1.44M	n/a	n/a	n/a	n/a
Cash remaining	n/a	66.93M	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	65.3	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

MRTN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
3 May 22	Kathleen P Iverson	Common Stock	Grant	Acquire A	No	No	3,000	7,750
3 May 22	Booth Ronald Richard	Common Stock	Grant	Acquire A	No	No	3,000	17,249
3 May 22	Winkel Thomas J	Common Stock	Grant	Acquire A	No	No	3,000	48,674
3 May 22	Bauer Jerry M	Common Stock	Grant	Acquire A	No	No	3,000	139,944
3 May 22	Demorest Robert L	Common Stock	Grant	Acquire A	No	No	3,000	50,374

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

MRTN institutional ownership history Ownership history

68.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	191	188	+1.6%
Opened positions	26	30	-13.3%
Closed positions	23	27	-14.8%
Increased positions	71	64	+10.9%
Reduced positions	74	67	+10.4%

13F shares	Current	Prev Q	Change
Total value	1.12B	977.32M	+14.6%
Total shares	56.15M	56.97M	-1.4%
Total puts	0	0
Total calls	0	37.2K	EXIT
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	10.52M	$186.87M	+0.0%
Victory Capital Management	6.11M	$108.33M	+1.5%
Dimensional Fund Advisors	5.99M	$106.41M	+0.7%
Vanguard	3.98M	$70.74M	+2.3%
Geneva Capital Management	3.19M	$56.68M	-1.0%
STT State Street	2.64M	$46.96M	+0.9%
William Blair Investment Management	1.78M	$31.69M	-1.4%
AMP Ameriprise Financial	1.57M	$27.8M	+29.9%
GS Goldman Sachs	1.41M	$25.11M	-32.2%
Granite Investment Partners	1.14M	$20.17M	+17.5%

Largest transactions	Shares	Bought/sold	Change
GS Goldman Sachs	1.41M	-672.83K	-32.2%
AMP Ameriprise Financial	1.57M	+360.26K	+29.9%
Geode Capital Management	1.1M	-263.55K	-19.3%
Intrinsic Edge Capital Management	260K	+260K	NEW
FMR	238.29K	+238.19K	+240600.0%
12th Street Asset Management	242.7K	-219.5K	-47.5%
Norges Bank	0	-215.1K	EXIT
Millennium Management	15.12K	-186.5K	-92.5%
Granite Investment Partners	1.14M	+168.8K	+17.5%
Renaissance Technologies	174.85K	+142.02K	+432.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.