MRTN — Marten Transport Ltd

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Marten Transport Ltd

Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Mexico, and Canada. It operates through Truckload, Dedicated, and Brokerage segments. 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. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$17.11
Market Cap$1.35B
Float57.6M
Shares Outstanding81.6M
P/E (Forward)17.64
P/E (TTM)92.17
Price/Sales (TTM)1.57
vs. Analyst Target+11.0% to analyst PT
Profit Margin1.68%
Operating Margin (TTM)0.09%
Revenue (TTM)$864M
Earnings Growth (YoY)-66.10%
Dividend Rate0.2%
Analyst Target Price$19.00 (3 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $874M $69.5M $171M $186M
2021 $974M $85.4M $183M $198M
2022 $1.26B $110M $238M $241M
2023 $1.13B $70.4M $189M $193M
2024 $964M $26.9M $131M $140M
2025 $884M $17.4M $50.5M $130M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $230M $7.2M
Sep 2025 $220M $2.2M
Dec 2025 $210M $3.7M
Mar 2026 $204M $1.4M

Ownership & Float

Insider Ownership29.3%
Institutional Ownership72.2%
Short Float3.3%
% of All Funds Holding2.53%
Number of Funds Holding208

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$15.04Near-term / short-term trend
Weekly40-Week SMA$12.44Medium-term trend
Weekly80-Week SMA$13.28Cyclical trend (business cycle)
Weekly200-Week SMA$17.02Secular trend (multi-year)
Monthly10-Month SMA$12.56Near-term monthly trend
Monthly20-Month SMA$13.45Medium-term monthly trend
Monthly40-Month SMA$16.46Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$13.50 support 1.17x 0 months ago
$15.20 support 1.01x 0 months ago
$11.40 support 1.51x 3 months ago
$10.20 support 1.33x 4 months ago

Historical Earnings Reactions (127 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.32% 0.15% 53.54% 10.49% -11.81%
1 Day 0.56% 0.00% 48.82% 17.84% -9.07%
1 Week 0.56% -0.16% 45.67% 22.81% -16.06%
2 Weeks 0.82% 0.79% 52.76% 23.50% -15.75%
1 Month 0.79% 0.63% 50.79% 30.38% -19.29%

Next earnings: July 15, 2026 (49 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.4%40.0%40
Feb1.4%57.5%40
Mar2.3%52.5%40
Apr-0.2%42.5%40
May2.0%61.5%39
Jun1.6%43.6%39
Jul1.7%51.3%39
Aug-0.8%35.9%39
Sep-1.4%43.6%39
Oct-1.7%37.5%40
Nov3.1%60.0%40
Dec3.0%62.5%40

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.01% 37.7% 1884
Tuesday 0.16% 39.0% 2050
Wednesday 0.16% 39.2% 2048
Thursday 0.02% 38.0% 2008
Friday 0.03% 37.1% 2000

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 72.2%

Insider Transactions — Smart Summary

Total insider ownership: 29.3%

Founder-led management: Roger Marten (Chairman of the Board, Chief Executive Officer and Director)

Full insider transaction history and smart buy/sell sentiment summary available on Trend Edge.

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Marten Transport Ltd (MRTN) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for MRTN on Trend Edge →