Marten Transport Stock News

MONDOVI, Wis., Feb. 21, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share of common stock. The dividend will be payable on March 28, 2025 to stockholders of record at the close of business on March 14, 2025.

Marten Transport, Ltd.'s Q4 and full-year 2024 earnings were disappointing, with revenues down 14% y/y and significant declines across all revenue segments. Despite operational inefficiencies and reduced profitability, the company has no long-term debt, allowing it to focus on surviving the downturn. The trucking industry outlook for 2025 is mixed, with potential for a slight rebound but concer...

MONDOVI, Wis., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $5.6 million, or 7 cents per diluted share, for the fourth quarter ended December 31, 2024, compared with $12.4 million, or 15 cents per diluted share, for the fourth quarter of 2023. The 2024 fourth-quarter earnings improved 50.1% sequentially from 2024 third-quarter net income...

MONDOVI, Wis., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share of common stock. The dividend will be payable on December 27, 2024 to stockholders of record at the close of business on December 13, 2024.

MONDOVI, Wis., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $3.8 million, or 5 cents per diluted share, for the third quarter ended September 30, 2024, compared with $13.6 million, or 17 cents per diluted share, for the third quarter of 2023. For the nine-month period ended September 30, 2024, net income was $21.3 million, or 26 cents pe...