Mullen Group Ltd. (MTL)

Currency in CAD
28.32
+0.14(+0.50%)
Real-time Data·
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Fair Value
Day's Range
28.0728.74
52 wk Range
12.9828.78
Key Statistics
Prev. Close
28.18
Open
28.19
Day's Range
28.07-28.74
52 wk Range
12.98-28.78
Volume
228.46K
Average Volume (3m)
275.32K
1-Year Change
111.8175%
Book Value / Share
12.14
Fair Value
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Fair Value Upside
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MTL Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
29.50
Upside
+4.17%
Members' Sentiments
Bearish
Bullish
ProTips
3 analysts have revised their earnings downwards for the upcoming period

Mullen Group Ltd. News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Neutral
Moving Averages
Buy

Analyst Ratings

6 Buy
4 Hold
0 Sell
Ratings:
10 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 29.50
(+4.17% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
BMO Capital
Buy32.00+13.03%25.00MaintainJul 24, 2026
RBC Capital
Buy23.00-18.76%21.00MaintainJul 09, 2026
BMO Capital
Buy25.00-11.69%23.00MaintainJul 08, 2026
CIBC
Hold22.00-22.29%20.00MaintainJun 30, 2026
BMO Capital
Buy23.00-18.76%20.00MaintainApr 30, 2026

Mullen Group Ltd. Earnings Call Summary for Q2/2026

  • Mullen Group Q2 2026 EPS of $0.37 beat estimates by 10.78% on revenue of $609.3M; shares rose 2.7% to $26.29, near 52-week high of $27.23.
  • LTL segment EBITDA margin hit 20.2%, exceeding 10-year average of 17-18%, driven by disciplined pricing and focus on high-margin freight over volume.
  • Company maintained full-year 2026 EBITDA guidance at CAD 365M but tracking ahead of budget; added CAD 50M in CapEx for major project readiness.
  • Management prioritizing margin expansion over revenue growth, selectively turning away lower-margin freight to improve profitability in moderate economy.
  • Preparing for potential CAD 125-250M revenue from Alaska LNG and pipeline projects; timing uncertain, guidance update expected after Q3 2026 results.
Last Updated: 2026-07-23, 11:10 a/m
Read Full Transcript

Earnings

Latest Release
Jul 23, 2026
EPS / Forecast
0.37 / 0.33
Revenue / Forecast
609.3M / 590.42M
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.12%
Dividend Yield
2.98%
Industry Median 2.93%
Annualized payout
0.84
Paid monthly
5-Years Growth
+14.87%
Growth Streak

MTL Income Statement

Compare MTL to Peers and Sector

Metrics to compare
MTL
Peers
Sector
Relationship
P/E Ratio
26.0x21.5x12.3x
PEG Ratio
25.330.040.03
Price/Book
2.3x1.9x1.4x
Price / LTM Sales
1.2x2.9x1.2x
Upside (Analyst Target)
6.5%10.4%27.6%
Fair Value Upside
Unlock−3.1%7.7%Unlock

Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. It operates through four segments: Less-Than-Truckload, Logistics & Warehousing, Specialized & Industrial Services, and U.S. & International Logistics. The Less-Than-Truckload segment delivers general freight, such as smaller shipments, packages, and parcels; and pharmaceutical and package products. The Logistics & Warehousing segment offers full truckload, specialized transportation, warehousing, and fulfillment centers that handle e-commerce transactions and transload facilities for intermodal and bulk shipments; technology solutions, including transportation, inventory, and warehouse management systems; and warehousing and distribution services. The Specialized & Industrial Services segment provides specialized equipment and services to oil and gas, environmental, construction, pipeline, utility, telecom, and civil industries; and specialized services comprising water management, environmental, pipeline and civil construction, industrial cleaning and turnaround, fluid management, and municipal development and emergency support services, as well as drilling and drilling related services. The U.S. & International Logistics segment offers logistics services through professional representatives and station agents. This segment also owns SilverExpress, a proprietary integrated transportation management platform. Mullen Group Ltd. was founded in 1949 and is headquartered in Okotoks, Canada.

Employees
8622
Market
Canada

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
26.37M27.40%743.07M
Other Institutional Investors
523.03K0.54%14.74M
Public Companies & Retail Investors
69.35M72.06%1.95B
Total
96.24M100.00%2.71B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Dimensional Fund Advisors LP4.59%4,416,116124,446
BlackRock, Inc.4.14%3,980,820112,180

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FAQ

What Is the Mullen Group (MTL) Stock Price Today?

The Mullen Group stock price today is 28.32 CAD.

What Stock Exchange Does Mullen Group Trade On?

Mullen Group is listed and trades on the Toronto Stock Exchange.

What Is the Stock Symbol for Mullen Group?

The stock symbol for Mullen Group is "MTL."

Does Mullen Group Pay Dividends? What’s The Current Dividend Yield?

The Mullen Group dividend yield is 2.92%.

What Is the Mullen Group Market Cap?

As of today, Mullen Group market cap is 2.71B CAD.

What Is Mullen Group's Earnings Per Share (TTM)?

The Mullen Group EPS (TTM) is 1.12.

When Is the Next Mullen Group Earnings Date?

Mullen Group will release its next earnings report on Oct 28, 2026.

From a Technical Analysis Perspective, Is MTL a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Mullen Group Stock Split?

Mullen Group has split 1 times.

How Many Employees Does Mullen Group Have?

Mullen Group has 8622 employees.

What is the current trading status of Mullen Group (MTL)?

As of Jul 28, 2026, Mullen Group (MTL) is trading at a price of 28.32 CAD, with a previous close of 28.18 CAD. The stock has fluctuated within a day range of 28.07 CAD to 28.74 CAD, while its 52-week range spans from 12.98 CAD to 28.78 CAD.

What Is Mullen Group (MTL) Price Target According to Analysts?

The average 12-month price target for Mullen Group is 29.50 CAD, with a high estimate of 32 CAD and a low estimate of 25 CAD. 6 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +4.17% Upside potential.
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