Split History
MRTN split history picture
Marten Transport (MRTN) has 7 splits in our MRTN split history database. The first split for MRTN took place on January 06, 1998. This was a 3 for 2 split, meaning for each 2 shares of MRTN owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. MRTN's second split took place on July 25, 2003. This was a 3 for 2 split, meaning for each 2 shares of MRTN owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. MRTN's third split took place on December 08, 2003. This was a 3 for 2 split, meaning for each 2 shares of MRTN owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split. MRTN's 4th split took place on December 27, 2005. This was a 3 for 2 split, meaning for each 2 shares of MRTN owned pre-split, the shareholder now owned 3 shares. For example, a 3375 share position pre-split, became a 5062.5 share position following the split. MRTN's 5th split took place on June 17, 2013. This was a 3 for 2 split, meaning for each 2 shares of MRTN owned pre-split, the shareholder now owned 3 shares. For example, a 5062.5 share position pre-split, became a 7593.75 share position following the split. MRTN's 6th split took place on July 10, 2017. This was a 5 for 3 split, meaning for each 3 shares of MRTN owned pre-split, the shareholder now owned 5 shares. For example, a 7593.75 share position pre-split, became a 12656.25 share position following the split. MRTN's 7th split took place on August 14, 2020. This was a 3 for 2 split, meaning for each 2 shares of MRTN owned pre-split, the shareholder now owned 3 shares. For example, a 12656.25 share position pre-split, became a 18984.375 share position following the split.

When a company such as Marten Transport splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the MRTN split history from start to finish, an original position size of 1000 shares would have turned into 18984.375 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Marten Transport shares, starting with a $10,000 purchase of MRTN, presented on a split-history-adjusted basis factoring in the complete MRTN split history. MRTN split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 06/15/2011
End date: 06/14/2021
Start price/share: $5.39
End price/share: $16.97
Starting shares: 1,855.29
Ending shares: 2,170.53
Dividends reinvested/share: $1.70
Total return: 268.34%
Average Annual Total Return: 13.92%
Starting investment: $10,000.00
Ending investment: $36,839.18
Years: 10.01
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 06/15/2011
End date: 06/14/2021
Start price/share: $5.39
End price/share: $16.97
Dividends collected/share: $1.70
Total return: 246.31%
Average Annual Total Return: 13.22%
Starting investment: $10,000.00
Ending investment: $34,635.94
Years: 10.01
Marten Transport is a temperature-sensitive truckload carrier focusing on transporting and distributing food and other consumer packaged goods that require a temperature-controlled or insulated environment. Co.'s segments include: Truckload, which provides a combination of regional short-haul and medium-to-long-haul full-load transportation services; Dedicated, which provides customized transportation solutions; and Intermodal, which transports its customers' freight using its temperature-controlled trailers and refrigerated containers on railroad flatcars for portions of trips, with the balance of the trips using its tractors or contracted carriers. According to our MRTN split history records, Marten Transport has had 7 splits.
Date Ratio
01/06/19983 for 2
07/25/20033 for 2
12/08/20033 for 2
12/27/20053 for 2
06/17/20133 for 2
07/10/20175 for 3
08/14/20203 for 2
MRTN is categorized under the Industrials sector; below are some other companies in the same sector that also have a history of stock splits:

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