Marlin Business Services Corp. (MRLN) Receives Media Sentiment Score of -0.01
Media coverage about Marlin Business Services Corp. (NASDAQ:MRLN) has trended somewhat negative on Tuesday, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Marlin Business Services Corp. earned a media sentiment score of -0.01 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.9827283768673 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern’s analysis:
- BRIEF-Marlin Business Services reports Q3 earnings $0.26/shr (reuters.com)
- Marlin Business Services’ (MRLN) CEO Jeff Hilzinger on Q3 2017 Results – Earnings Call Transcript (seekingalpha.com)
- Marlin Business Services Corp. : to Host Earnings Call (4-traders.com)
- Marlin Business Services Corp. breached its 50 day moving average in a Bearish Manner : MRLN-US : October 27, 2017 (finance.yahoo.com)
- Edited Transcript of MRLN earnings conference call or presentation 27-Oct-17 1:00pm GMT (finance.yahoo.com)
Several analysts recently issued reports on MRLN shares. Zacks Investment Research upgraded Marlin Business Services Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday, July 4th. BidaskClub upgraded Marlin Business Services Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd.
Shares of Marlin Business Services Corp. (NASDAQ:MRLN) opened at 23.05 on Tuesday. The company’s 50 day moving average price is $28.30 and its 200 day moving average price is $26.10. The stock has a market cap of $281.62 million, a PE ratio of 19.07 and a beta of 1.23. Marlin Business Services Corp. has a 52-week low of $17.05 and a 52-week high of $29.95.
Marlin Business Services Corp. (NASDAQ:MRLN) last announced its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.31 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.11). Marlin Business Services Corp. had a net margin of 13.40% and a return on equity of 10.89%. The business had revenue of $23.14 million during the quarter, compared to analysts’ expectations of $23.60 million. On average, analysts anticipate that Marlin Business Services Corp. will post $1.35 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 16th. Investors of record on Monday, November 6th will be paid a $0.14 dividend. The ex-dividend date of this dividend is Friday, November 3rd. This represents a $0.56 annualized dividend and a dividend yield of 2.43%. Marlin Business Services Corp.’s dividend payout ratio is presently 50.00%.
In other Marlin Business Services Corp. news, General Counsel Edward Ralph Jr. Dietz sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $25.01, for a total transaction of $75,030.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James W. Wert sold 2,980 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $25.42, for a total value of $75,751.60. The disclosure for this sale can be found here. In the last 90 days, insiders sold 6,765 shares of company stock valued at $170,799. 6.94% of the stock is owned by company insiders.
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Marlin Business Services Corp. Company Profile
Marlin Business Services Corp. is a bank holding company and a financial holding company. The Company is a provider of credit products and services to small businesses. The Company provides products and services to its customers, which include loans and leases for the acquisition of commercial equipment, working capital loans, and insurance products.
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