Shares of Marlin Business Services Corp. (NASDAQ:MRLN) have received a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.

Zacks has also assigned Marlin Business Services Corp. an industry rank of 220 out of 265 based on the ratings given to related companies.

A number of research analysts have weighed in on the company. ValuEngine upgraded Marlin Business Services Corp. from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Zacks Investment Research downgraded Marlin Business Services Corp. from a “hold” rating to a “sell” rating in a research note on Thursday, May 4th. Finally, JMP Securities raised their price target on Marlin Business Services Corp. from $25.00 to $29.00 and gave the company an “outperform” rating in a research note on Monday, March 6th.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Alliancebernstein L.P. increased its position in Marlin Business Services Corp. by 0.8% in the first quarter. Alliancebernstein L.P. now owns 12,000 shares of the financial services provider’s stock worth $309,000 after buying an additional 100 shares in the last quarter. American International Group Inc. increased its position in Marlin Business Services Corp. by 7.1% in the first quarter. American International Group Inc. now owns 5,102 shares of the financial services provider’s stock worth $131,000 after buying an additional 339 shares in the last quarter. Mutual of America Capital Management LLC increased its position in Marlin Business Services Corp. by 0.7% in the first quarter. Mutual of America Capital Management LLC now owns 222,586 shares of the financial services provider’s stock worth $5,732,000 after buying an additional 1,613 shares in the last quarter. Prudential Financial Inc. increased its position in Marlin Business Services Corp. by 5.1% in the first quarter. Prudential Financial Inc. now owns 54,021 shares of the financial services provider’s stock worth $1,391,000 after buying an additional 2,600 shares in the last quarter. Finally, LSV Asset Management increased its position in Marlin Business Services Corp. by 4.3% in the first quarter. LSV Asset Management now owns 77,700 shares of the financial services provider’s stock worth $2,000,000 after buying an additional 3,200 shares in the last quarter. Hedge funds and other institutional investors own 77.90% of the company’s stock.

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Marlin Business Services Corp. (MRLN) traded up 2.14% during mid-day trading on Monday, hitting $26.20. 44,135 shares of the stock were exchanged. Marlin Business Services Corp. has a 52 week low of $14.37 and a 52 week high of $26.70. The company has a 50 day moving average price of $25.04 and a 200 day moving average price of $23.84. The stock has a market cap of $321.32 million, a price-to-earnings ratio of 21.67 and a beta of 1.35.

Marlin Business Services Corp. (NASDAQ:MRLN) last posted its quarterly earnings data on Thursday, April 27th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.36 by $0.02. The firm had revenue of $21.72 million for the quarter, compared to the consensus estimate of $22.60 million. Marlin Business Services Corp. had a return on equity of 11.19% and a net margin of 15.07%. Analysts expect that Marlin Business Services Corp. will post $1.34 EPS for the current fiscal year.

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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