Marlin Business Services Corp. (NASDAQ:MRLN) has received an average broker rating score of 2.50 (Hold) from the two analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation and one has given a buy recommendation to the company.

Zacks has also assigned Marlin Business Services an industry rank of 107 out of 257 based on the ratings given to its competitors.

Several equities research analysts have weighed in on the stock. BidaskClub upgraded shares of Marlin Business Services from a “hold” rating to a “buy” rating in a report on Saturday, October 13th. Zacks Investment Research lowered shares of Marlin Business Services from a “hold” rating to a “strong sell” rating in a report on Thursday, August 9th. Finally, ValuEngine lowered shares of Marlin Business Services from a “buy” rating to a “hold” rating in a report on Thursday, August 2nd.

A number of institutional investors and hedge funds have recently bought and sold shares of MRLN. Acadian Asset Management LLC acquired a new stake in Marlin Business Services in the second quarter worth $1,040,000. Bessemer Group Inc. raised its holdings in Marlin Business Services by 19.8% in the second quarter. Bessemer Group Inc. now owns 12,100 shares of the financial services provider’s stock worth $361,000 after purchasing an additional 2,000 shares during the period. Emerald Mutual Fund Advisers Trust raised its holdings in shares of Marlin Business Services by 42.4% during the second quarter. Emerald Mutual Fund Advisers Trust now owns 96,527 shares of the financial services provider’s stock worth $2,881,000 after acquiring an additional 28,741 shares during the period. Wedge Capital Management L L P NC acquired a new stake in shares of Marlin Business Services during the second quarter worth $767,000. Finally, Strs Ohio raised its holdings in shares of Marlin Business Services by 15.9% during the second quarter. Strs Ohio now owns 23,300 shares of the financial services provider’s stock worth $695,000 after acquiring an additional 3,200 shares during the period. Institutional investors own 82.93% of the company’s stock.

MRLN stock traded up $0.34 during midday trading on Friday, reaching $25.59. The company’s stock had a trading volume of 1,097 shares, compared to its average volume of 20,953. Marlin Business Services has a 52 week low of $21.15 and a 52 week high of $31.95. The stock has a market cap of $313.24 million, a PE ratio of 17.06 and a beta of 0.90. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.15 and a current ratio of 0.15.

Marlin Business Services (NASDAQ:MRLN) last announced its quarterly earnings data on Thursday, November 1st. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.02. The firm had revenue of $23.81 million for the quarter, compared to analysts’ expectations of $24.10 million. Marlin Business Services had a net margin of 28.62% and a return on equity of 13.36%. As a group, sell-side analysts predict that Marlin Business Services will post 2.06 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 23rd. Shareholders of record on Monday, November 12th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Friday, November 9th. This is a positive change from Marlin Business Services’s previous quarterly dividend of $0.11. This represents a $0.56 annualized dividend and a yield of 2.19%. Marlin Business Services’s dividend payout ratio (DPR) is 37.33%.

About Marlin Business Services

Marlin Business Services Corp., through its subsidiaries, provides equipment financing solutions to small and mid-sized businesses in the United States. It finances approximately 100 categories of equipment, including commercial and industrial, restaurant, auto, medical, VOIP, and printing equipment, as well as computer software, copiers, cash registers, dental implant systems, and other commercial equipment.

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