Mullen Group Ltd. (MTL)

Currency in CAD
28.76
-3.52(-10.90%)
Closed·
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Fair Value
Day's Range
28.6332.42
52 wk Range
13.9232.47
Key Statistics
Prev. Close
28.76
Open
32.32
Day's Range
28.63-32.42
52 wk Range
13.92-32.47
Volume
786.84K
Average Volume (3m)
358.9K
1-Year Change
99.7222%
Book Value / Share
12.49
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
33.52
Upside
+16.56%
Members' Sentiments
Bearish
Bullish
ProTips
3 analysts have revised their earnings upwards for the upcoming period

Mullen Group Ltd. News & Analysis

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Technical Analysis

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

Analyst Ratings

6 Buy
5 Hold
0 Sell
Ratings:
11 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 33.52
(+16.56% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Desjardins
Buy34.00+18.22%31.00Maintain23-10-2026
BMO Capital
Buy36.00+25.17%32.00Maintain23-10-2026
Scotiabank
Hold33.00+14.74%30.00Maintain23-10-2026
Desjardins
Buy31.00+7.79%30.00Maintain20-10-2026
RBC Capital
Buy32.00+11.27%-Maintain19-10-2026

Mullen Group Ltd. Earnings Call Summary for Q3/2026

  • Mullen Group posted Q3 2026 EPS of $0.52, beating estimates by 26.83%; revenue reached $653.2M, exceeding forecasts by 6.23%; shares surged 7.22%.
  • Company completed Willson International acquisition with more deals under review; cash on hand reached CAD 214M, supporting M&A and capital deployment.
  • Management cited strongest quarterly performance ever, driven by margin expansion, headcount reduction of 160 YoY, and improved cross-border logistics demand.
  • 2027 business plan to be presented Dec. 2; excludes nation-building projects due to timing uncertainty; Q4 2026 capex surge expected from equipment deliveries.
  • Executives remain cautious on growth spending until project demand confirmed; Productivity Mega Deduction provides CAD 10M temporary tax savings.
Last Updated: 22-10-2026, 08:30 pm
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Earnings

Latest Release
22-10-2026
EPS / Forecast
0.52 / 0.41
Revenue / Forecast
653.2M / 614.9M
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.30
Dividend Yield
2.92%
Industry Median 2.76%
Annualised payout
0.84
Paid monthly
5-Years Growth
+13.30%
Growth Streak

MTL Income Statement

Compare MTL to Peers and Sector

Metrics to compare
MTL
Peers
Sector
Relationship
P/E Ratio
22.5x15.8x11.2x
PEG Ratio
1.070.120.03
Price/Book
2.3x1.8x1.4x
Price / LTM Sales
1.2x1.7x1.1x
Upside (Analyst Target)
16.6%18.1%36.7%
Fair Value Upside
Unlock−3.1%11.3%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
31.33M32.55%900.96M
Other Institutional Investors
472.50K0.49%13.59M
Public Companies & Retail Investors
64.44M66.96%1.85B
Total
96.24M100.00%2.77B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Dimensional Fund Advisors LP4.67%44,94,3831,29,258
BlackRock, Inc.4.31%41,43,2501,19,160

FAQ

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

The Mullen Group share price today is 28.76.

What is the current Mullen Group (MTL) share price and day range?

As of 25-10-2026, the Mullen Group share price is 28.76, with a previous close of 28.76. The share price has ranged from 28.63 to 32.42 today, while the 52-week range spans from 13.92 to 32.47.

What Is the Mullen Group Market Cap?

As of today, Mullen Group market cap is 2.77B.

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

The Mullen Group dividend yield is 2.9%%.

What Is the Mullen Group (MTL) Share Price Target?

The average 12-month share price target for Mullen Group is 33.52, with a high estimate of 36 and a low estimate of 25. 6 analysts recommend buying, while 0 suggest selling, with an overall rating of Buy and +16.56% Upside potential.

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

The Mullen Group EPS (TTM) is 1.30.

When Is the Next Mullen Group Earnings Date?

Mullen Group will release its next earnings report on 10-02-2027.

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.

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."

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.
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