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

Zacks has also given Marlin Business Services an industry rank of 169 out of 257 based on the ratings given to related companies.

MRLN has been the subject of a number of recent analyst reports. BidaskClub lowered shares of Marlin Business Services from a “buy” rating to a “hold” rating in a research report on Saturday, July 14th. ValuEngine downgraded shares of Marlin Business Services from a “buy” rating to a “hold” rating in a report on Thursday, August 2nd. Finally, Zacks Investment Research downgraded shares of Marlin Business Services from a “hold” rating to a “strong sell” rating in a report on Thursday, August 9th.

A number of hedge funds and other institutional investors have recently modified their holdings of MRLN. Signaturefd LLC acquired a new stake in Marlin Business Services in the 2nd quarter valued at about $140,000. Globeflex Capital L P lifted its holdings in Marlin Business Services by 438.5% in the 2nd quarter. Globeflex Capital L P now owns 7,000 shares of the financial services provider’s stock valued at $209,000 after acquiring an additional 5,700 shares during the last quarter. Bessemer Group Inc. lifted its holdings in Marlin Business Services by 19.8% in the 2nd quarter. Bessemer Group Inc. now owns 12,100 shares of the financial services provider’s stock valued at $361,000 after acquiring an additional 2,000 shares during the last quarter. First Trust Advisors LP lifted its holdings in Marlin Business Services by 41.7% in the 3rd quarter. First Trust Advisors LP now owns 14,358 shares of the financial services provider’s stock valued at $414,000 after acquiring an additional 4,225 shares during the last quarter. Finally, Millennium Management LLC acquired a new stake in Marlin Business Services in the 2nd quarter valued at about $587,000. 82.77% of the stock is owned by institutional investors.

MRLN traded down $0.77 on Friday, reaching $25.77. The company had a trading volume of 7,900 shares, compared to its average volume of 13,398. The firm has a market capitalization of $330.72 million, a PE ratio of 17.18 and a beta of 0.90. The company has a quick ratio of 0.12, a current ratio of 0.15 and a debt-to-equity ratio of 0.90. Marlin Business Services has a one year low of $21.15 and a one year high of $31.95.

Marlin Business Services (NASDAQ:MRLN) last announced its earnings results on Thursday, November 1st. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.02. The firm had revenue of $23.81 million during the quarter, compared to analyst estimates of $24.10 million. Marlin Business Services had a net margin of 28.62% and a return on equity of 13.36%. On average, equities analysts expect that Marlin Business Services will post 2.06 EPS for the current year.

The firm also recently declared 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. This represents a $0.56 dividend on an annualized basis and a yield of 2.17%. This is an increase from Marlin Business Services’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Friday, November 9th. Marlin Business Services’s dividend payout ratio is presently 37.33%.

Marlin Business Services Company Profile

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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